119 Norwood Drive, Miramar Beach

$2,299,000

0 Bed
0 Bath
.32 Acre
0 Garage

This premium, approximately 0.3-acre homesite sits just steps from the beach access directly across the street, offering exceptional redevelopment potential in the absolute heart of Miramar Beach. What truly sets this parcel apart is its distinct natural elevation. This unique topography provides excellent natural drainage, enhanced privacy, and potentially superior view corridors for your future build. The estate-sized footprint offers ample space to design a sprawling custom coastal estate, a high-performing investment property, or a private second-home oasis with room for a pool and extensive outdoor living areas. Additionally, the grounds are already framed by beautifully established landscaping, including mature palms and shade trees, providing an instant, high-end tropical foundation that would take years to cultivate from scratch. Please note that there is an existing, structurally sound home on the parcel. Buyers have the flexibility to use the existing structure, remodel, or clear the site entirely to make way for a brand new architectural masterpiece. All redevelopment plans, zoning, and building uses are subject to buyer verification. Do not miss this rare chance to secure an elevated beachside canvas in a premier location.

Essential Information
MLS® #1007277
Price$2,299,000
Acres0.32
TypeLand
Sub-TypeUnimproved Land
StatusActive
Community Information
Address119 Norwood Drive
Area15 - Miramar/Sandestin Resort
SubdivisionMETES & BOUNDS
CityMiramar Beach
CountyWalton
StateFL
Zip Code32550
Amenities
ViewGulf
Utilities

Electric, Gas - Natural, Public Sewer, Public Water

Exterior
RoofMetal
ConstructionBlock, Concrete, Stucco
Lot Description

Corner Lot, Within 1/2 Mile to Water

School Information
ElementaryVan R Butler
MiddleEmerald Coast
HighSouth Walton
Additional Information
ZoningResid Single Family
ForeclosureYes
Listing Details
OfficeCoastal Abode
Property History
Price Reduced from $2,495,000 to $2,299,000
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Vendors Member Number : 28325

Listing information last updated on October 15th, 2026 at 1:52pm CDT.