Buy Rare Shipwatch Lot in Miramar Beach

Are you looking for a place to build your forever dream home along the Emerald Coast? Our Ocean Reef Real Estate Sales team has just listed a rare vacant waterfront lot on Starboard Ct in Miramar Beach.

It is located in the exclusively gated residential enclave of Shipwatch off Scenic Gulf Drive. Once you pass through the nautically inspired gated entrance, you enter this wonderful world, crossing a bridge that gracefully arches over the lovely lagoon leading down a palm-lined drive. This highly privileged community includes only about two dozen opulent homes with classic Mediterranean-styled exteriors and charming Old Florida designs. The heavenly setting provides fortunate owners and guests a highly esteemed world of private privilege compared to luxury high-rise towers near this coveted gulf front location. Ten homes are right on the crystalline white beach, while the others have waterfront locations overlooking one of two lovely lagoons. One of them is lavished with lily pads, while the other is adorned with a fountain that is lighted at night for a magical effect. This waterfront lot that measures 4,356 square feet overlooks the lagoon adorned with lily pads.

Many of these beautifully appointed homes have private swimming pools and open decks overlooking the lagoons. The sugary shoreline is a very short stroll away from this locale on Starboard Ct, and an enchanting gulf-side pavilion marks the entrance to the private neighborhood beach. It spans 400 linear feet of crystalline shore, which is longer than the size of a football field. Although some owners use these homes as private residences, short-term vacation rentals are permitted at Shipwatch. Many owners place their homes on lucrative vacation rental programs when not spending some wonderful beach time here themselves. Our highly respected Ocean Reef Resorts property management division represents homes for private owners throughout Miramar Beach. Projections for gross annual rental income for Shipwatch homes on the lagoon range from $175,000 to $225,000.

This outstanding location is surprisingly close to grocery stores, area attractions, and bargain shopping for world-class designer goods at the famous Silver Sands Premium Outlets. Many popular gulf front restaurants with friendly beach bars are also just minutes away. Miramar Beach boasts a special halfway point between Destin and Scenic 30A, providing some of the best entertainment options around. The bustling happenings at Destin's HarborWalk Village on the marina are towards the west, and the lovely laid-back beauty of the Scenic 30A coastal villages are towards the east. HarborWalk Village is Destin's golden Americana-styled crown jewel with a wide array of dockside restaurants, bars with live music, and specialty shops. They host free outdoor concerts, fun year-round festivals, and exciting seasonal firework celebrations. Sunset dinner cruises, fishing charters, dolphin sightseeing excursions, pontoon boats, and watercraft rentals are also available.

Nearby at Sandestin Golf and Beach Resort, the enchanting Village of Baytowne Wharf was inspired by the wonderful architecture found in New Orleans French Quarter. It straddles a forested lagoon with a long dock that juts out into the vast Choctawhatchee Bay. Many folks enjoy peaceful walks along the dock to experience sunsets and magical full moons that occur over the water. Baytowne Wharf includes a variety of restaurants, bars with live music, unique family amusements, outdoor concerts, fun festivals, and vibrant seasonal firework displays. Just outside the gates of Sandestin Resort is the swank Grand Boulevard. This tropically urbane town center is lushly landscaped with royal palm trees and other tropical flora. It features excellent restaurants with bars, fashion boutiques, fine clothiers, galleries, specialty shops, and a Publix grocery store. A state-of-the-art multiplex movie theater includes a VIP dining room where you can enjoy meals with drinks while viewing new film releases.

This waterfront property on a lovely lagoon is listed for $1,600,000. Currently, there are no other vacant lots for sale at Shipwatch. Two existing homes are available for purchase, including a 1,958 square feet residence with three bedrooms listed at $1,495,000 and a 4,158 square foot home with six bedrooms priced at $2,850,000. 

If you're interested in this waterfront lot on Starboard Ct, contact our Ocean Reef Real Estate Sales office today at 877-392-6085. We will happily provide a complimentary comparative market analysis showing details on the two homes for sale, pending contracts, and properties that have sold here within the past twelve months. We can also provide detailed data for comparable vacation homes in Shipwatch upon request. Once you are fully informed, we will gladly arrange your private tour.