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116 Sarasota Street

Miramar Beach, FL 32550
  • $2,550,000
  • STATUS: Active
  • ON SITE: 128 Days
  • MLS #: 997411
UPDATED: 32 min ago
$2,550,000
  • 9
    BEDS
  • 0.11
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 5,880
    SQFT
  • $434
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2005
County:

School Information

Elementary School:
Middle School:
High School:

Description

*NOW OFFERING $50,000 REMODELING CREDIT TO BUYER* Big and bold, spanning 5,880 square feet! This four-story beach retreat with a heated and cooled crow's nest offers nine bedrooms, eight bathrooms, and a layout designed with vacation living in mind. Located in Frangista Beach, this property creates flexible sleeping arrangements and multiple gathering spaces that make hosting large groups both comfortable and practical. The first floor is all about fun and function. The entertainment area features a pool table and full-size refrigerator, making it the perfect hangout zone after a day in the sun. Two bunk rooms and two additional bedrooms are located on this level. One bunk room connects via a Jack-and-Jill bath to a neighboring bedroom that could easily be used as an office or flex space Another bedroom enjoys a private ensuite bath, while the second bunk room has private access to a shared hallway bath. A spacious laundry room on this floor provides room for extra storage, an often overlooked but valuable feature for short-term rental turnover. Step outside to your own private pool and spa, complete with a dedicated grilling area, creating a natural extension of the entertainment space. The second floor serves as the heart of the home, with an open-concept living, dining, and kitchen area designed for gathering. The kitchen offers abundant cabinet storage, expansive granite countertops, a breakfast bar, pantry, and double dishwashers, an ideal setup for large groups. From the living area, step out onto the covered balcony for added indoor-outdoor living. Two guest bedrooms are also located on this level: one with a private ensuite bath and another with private access to the shared hallway bath. On the third floor, you'll find two primary suites, each with its own private bathroom. One features a double vanity and a seating nook within the bath area and the closet. The second primary offers a deep walk-in closet, private covered balcony, double vanities, and a separate walk-in shower and jetted tub. An additional guest bedroom with a private ensuite bath and a conveniently located laundry closet complete this level. At the top of a spiral staircase, the heated and cooled crow's nest provides a unique bonus space currently used as a tenth sleeping area. From here, enjoy access to a third covered balcony as well as a spacious open-air patio at the rear of the home. Currently operating as a short-term rental, this property offers substantial income potential and the flexibility to continue as an investment property or transform into a private coastal retreat. Its creative layout maximizes sleeping capacity and gathering space, making it particularly well-suited for large groups seeking both connection and comfort. Beach access can be found at the gated entrance of Hollywood Street. Frangista Beach is located right in the heart of Miramar Beach within close proximity to many great dining and shopping options. Surf Hut, Royal Palm Grill, Whale's Tail, Pompano Joe's, Acme Oyster House, Two Birds Cafe, Seascape Towne Center, Silver Sands Outlets, and much much more.

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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Vendor Member number: 28178. Data last updated: 2026-07-16T09:01:25.987.
Vendor Member #28178.
www.scenicsir.com/homes/173864821
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116 Sarasota Street Miramar Beach, FL 32550

  • Price: $2,550,000
  • Status: Active
  • On Site: 128 Days
  • Updated: 32 min ago
  • MLS #: 997411
9
Beds
8
Baths
0
½ Baths
0.11
Acres
5,880
SQFT
$434
$/SQFT
2005
Built
Neighborhood:
Frangista Beach
County:
Walton
Area:
Miramar/Sandestin Resort
Elementary School:
Van R Butler
Middle School:
Emerald Coast
High School:
South Walton
Property Description
*NOW OFFERING $50,000 REMODELING CREDIT TO BUYER* Big and bold, spanning 5,880 square feet! This four-story beach retreat with a heated and cooled crow's nest offers nine bedrooms, eight bathrooms, and a layout designed with vacation living in mind. Located in Frangista Beach, this property creates flexible sleeping arrangements and multiple gathering spaces that make hosting large groups both comfortable and practical. The first floor is all about fun and function. The entertainment area features a pool table and full-size refrigerator, making it the perfect hangout zone after a day in the sun. Two bunk rooms and two additional bedrooms are located on this level. One bunk room connects via a Jack-and-Jill bath to a neighboring bedroom that could easily be used as an office or flex space Another bedroom enjoys a private ensuite bath, while the second bunk room has private access to a shared hallway bath. A spacious laundry room on this floor provides room for extra storage, an often overlooked but valuable feature for short-term rental turnover. Step outside to your own private pool and spa, complete with a dedicated grilling area, creating a natural extension of the entertainment space. The second floor serves as the heart of the home, with an open-concept living, dining, and kitchen area designed for gathering. The kitchen offers abundant cabinet storage, expansive granite countertops, a breakfast bar, pantry, and double dishwashers, an ideal setup for large groups. From the living area, step out onto the covered balcony for added indoor-outdoor living. Two guest bedrooms are also located on this level: one with a private ensuite bath and another with private access to the shared hallway bath. On the third floor, you'll find two primary suites, each with its own private bathroom. One features a double vanity and a seating nook within the bath area and the closet. The second primary offers a deep walk-in closet, private covered balcony, double vanities, and a separate walk-in shower and jetted tub. An additional guest bedroom with a private ensuite bath and a conveniently located laundry closet complete this level. At the top of a spiral staircase, the heated and cooled crow's nest provides a unique bonus space currently used as a tenth sleeping area. From here, enjoy access to a third covered balcony as well as a spacious open-air patio at the rear of the home. Currently operating as a short-term rental, this property offers substantial income potential and the flexibility to continue as an investment property or transform into a private coastal retreat. Its creative layout maximizes sleeping capacity and gathering space, making it particularly well-suited for large groups seeking both connection and comfort. Beach access can be found at the gated entrance of Hollywood Street. Frangista Beach is located right in the heart of Miramar Beach within close proximity to many great dining and shopping options. Surf Hut, Royal Palm Grill, Whale's Tail, Pompano Joe's, Acme Oyster House, Two Birds Cafe, Seascape Towne Center, Silver Sands Outlets, and much much more.
Exterior Features

Architectural Style Mediterranean Carport YN No Construction Materials FrameStucco Door Features [] Driveway Spaces 6 Exterior BBQ Pit/GrillBalconyColumnsFenced Lot-PartPatio CoveredPatio OpenPool - HeatedPool - In-GroundPorchPorch OpenShowerYard Building Exterior Features Outdoor GrillBalconyColumnsOutdoor ShowerYard Building Foundation Details Slab Garage YN No Parking [] Parking Total 6 Patio And Porch Features Patio CoveredPatio OpenPorchPorch Open Pool Yes Pool Features HeatedIn Ground Roof [] View [] Window Features Window Treatments

Interior Features

Appliance Info CooktopDishwasherDisposalDryerMicrowaveOven Self CleaningRefrigerator W/IceMkSmoke DetectorStove/Oven ElectricWasherSmooth Stovetop Rnge Appliances CooktopDishwasherDisposalDryerMicrowaveWasherElectric Water Heater Basement [] Bedroom Level ThirdSecondFirst Cooling Central AirCeiling Fan(s) Cooling YN Yes Fireplace Features [] Flooring Vinyl Furnished Furnished Heating Central Heating YN Yes Interior Breakfast BarCeiling Crwn MoldingFloor VinylFurnished - AllLighting RecessedOwner's ClosetPantryShelvingSplit BedroomWasher/Dryer HookupWindow Treatment All Interior Features Breakfast BarCrown MoldingRecessed LightingOwner's ClosetPantryShelvingSplit BedroomWasher/Dryer Hookup Kitchen Level Second Master Bed Bath MBath Double VanityMBath Separate ShwrMBath TileMBath WhirlpoolMBed BalconyMBed Walk-in Closet Master Bedroom Level Third Rooms BedroomMaster BedroomDining RoomFamily RoomKitchenPlay Room Rooms Total 12

Property Features

Association Fee Includes [] Buyer Financing [] Community Features BeachDeed Access Energy AC - Central ElectAC - 2 or MoreCeiling FansHeat Cntrl ElectricWater Heater - ElectWater Heater - Two + Fencing Fenced Lot-Part Financing Conventional Green Energy Efficient [] Immediate Occupancy Yes Is Subject Leased No Lot Features Within 1/2 Mile to Water Lot Parcel Access Paved Road Lot Size Dimensions 50x100 New Construction YN No Other Equipment [] Other Structures [] Property Condition Construction Complete Property Sub Type Detached Single Family Road Frontage Type [] Road Surface Type Paved Security Features Smoke Detector(s) Special Listing Conditions [] Tax Annual Amount 16701.44 Tax Year 2025 Utilities [] Utility Info ElectricPhonePublic SewerPublic WaterTV Cable Water Source Public Waterfront Features [] Zoning Resid Single Family Zoning Info Resid Single Family

Listing courtesy of Gulf Realty 30A LLC: 850-687-1261.



© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Vendor Member number: 28178. Data last updated: 2026-07-16T09:01:25.987.
Vendor Member #28178.
 
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