1952 Scenic Gulf Drive 107, Miramar Beach

$520,000

2 Beds
2 Baths
958 Sqft
0 Acre
0 Garage

Unit 107 Emerald Waters is located on Scenic Gulf Dr in the Frangista Beach area of Miramar Beach. This 2BR, 2BA is conveniently located on the first-floor -- meaning no need to ever wait on elevators. Park near your unit and enjoy easy access from the condominium to the open balcony.

The kitchen features granite countertops, custom tile-backsplash, under-cabinet lighting, stainless steel appliances, and pendant lights over the breakfast bar.
The primary suite includes an updated bathroom with a tiled walk-in shower and double-sink vanity.
Notable details include 9-foot ceilings, crown molding, updated lighting & plumbing fixtures, tile plank flooring throughout the main living areas and both bedrooms, and a brand-new HVAC system. The laundry room is equipped with a FULL-SIZED washer and dryer.

The guest bedroom is designed for maximum versatility, featuring shiplap accent walls and custom built-in twin-over-king bunks that provide additional sleeping space without sacrificing comfort. The adjoining guest bath offers a tub/shower combo, tile surrounded with a sliding glass enclosure.
Step outside to a covered porch and grassy area, perfect for enjoying the gulf breeze or providing convenient outdoor space for pets. Emerald Waters is a low-density, 36-unit complex with a pool, hot tub, grilling area, ample parking, and professionally maintained grounds.
The seller anticipates $33K in gross rental revenue for 2026.
The community improvements that have already been completed and funded, including a new roof, structural columns, exterior re-painting, and updated exterior lighting.
Scenic Gulf Drive is a top southwest Walton County destination. Emerald Waters is convenient to the beach, restaurants, a coffeehouse with Wi-Fi, and a short drive to Miramar Beach destinations. This turnkey condo offers an exceptional combination of location, convenience, and revenue stream potential.

Essential Information
MLS® #1012386
Price$520,000
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage958
Year Built2002
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusActive
Community Information
Address1952 Scenic Gulf Drive 107
Area15 - Miramar/Sandestin Resort
SubdivisionEMERALD WATERS
CityMiramar Beach
CountyWalton
StateFL
Zip Code32550
Amenities
Has PoolYes
PoolHeated, In Ground
Utilities

Electric, Public Water, TV Cable

Interior
HeatingCentral
CoolingCentral Air
Interior Features

Breakfast Bar, Crown Molding, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted

Appliances

Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Water Heater

Exterior
WindowsWindow Treatments
RoofFlat
ConstructionConcrete, Roof Pitched, Stucco
School Information
ElementaryVan R Butler
MiddleEmerald Coast
HighSouth Walton
Listing Details
OfficeScenic Real Estate
LISTING MAP

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on October 14th, 2026 at 10:22pm CDT.