About This Home

This 3-bedroom, 3-bathroom townhouse at 1987 Scenic Gulf Drive #B5 in Miramar Beach, FL is listed for $1,450,000 ($1,105 per sqft). Built in 1980, the home offers 1,312 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 1980
  • 0.07 acre lot
  • 3 stories
  • 4 parking spaces
  • Waterfront

Property Details

3 stories
2 full, 1 half
4 spaces
#B5
1980

Amenities

WaterfrontA/C
Listing Description

Direct Gulf Views | Gulf-Front Investment Opportunity!! LOCATION IS EVERYTHING! Lovingly owned and enjoyed by its original owners, this fully furnished property has never been part of a short-term rental program, offering a rare opportunity to make it your own while enjoying the character of a home that has been personally cared for over the years.

ASK FOR RENTAL POTENTIAL! OVER 150K! The property is ready for your vision and would benefit from updates, creating an opportunity to refresh the interiors and make the most of its incredible Gulf-front setting. Short-term rentals are permitted, giving buyers the flexibility to enjoy the property as a personal beach retreat while exploring its income potential.

BRING AN OFFER! Fully furnished and ready for its next chapter, this is an opportunity to invest in what matters most: a true Gulf-front location, panoramic water views, and the chance to create a beach property that reflects your vision. Opportunities to own directly on the Gulf in Miramar Beach are special... come see the potential for yourself. EASY SHOW! ASK FOR THE CASH FLOW SHEET!

Monthly Cost Estimate

$8,155/mo

20% down · 6.5% · 30 years

Principal$1,049
Interest$6,283
Insurance$423
HOA$400

Estimates only. Actual payments may vary.

Location

1987 Scenic Gulf Drive #B5

Miramar Beach, FL 32550

COSTA DEL SOL T/H

Features & Amenities

Interior Features

Breakfast BarDecorating AllowanceLock OutWasher/Dryer Hookup

Property Details

Flooring

TileCarpet

Outdoor Features

Deck

Heating

Central

Cooling

Central Air

Appliances

DishwasherDisposalDryerRefrigeratorSmoke DetectorStove/Oven ElectricWasher

Questions & Answers

This 3-bedroom, 3-bathroom townhouse at 1987 Scenic Gulf Drive is listed at $1,450,000 ($1,105/sqft). The estimated monthly payment is $8,155 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $400/month.

Key features include: Built in 1980, 0.07 acre lot, 3 stories, 4 parking spaces, Waterfront. Interior Features: Breakfast Bar, Decorating Allowance, Lock Out.

This property is listed by Jacklyn M Riley.

JR

Jacklyn M Riley

License 3471740

Agent at Hilary & Reverie

Listed by Hilary & Reverie · Broker phone: (850) 231-2850 · View on Broker Site · Broker website

MLS# 1013842· Source: Emerald Coast Association of Realtors· 11 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1987 Scenic Gulf Drive #B5, Miramar Beach, FL 32550

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