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

> **TL;DR:** 3bd/3ba townhouse, $1,450,000 ($1105/sqft), built 1980, 1,312 sqft.
> Waterfront, A/C. Est. $8,155/mo. Listed 16 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,450,000 |
| Price/sqft | $1105 |
| Bedrooms | 3 |
| Bathrooms | 2 full, 1 half |
| Square Feet | 1,312 |
| Year Built | 1980 |
| Lot Size | 3,049 sqft (0.07 acres) |
| Stories | 3 |
| Property Type | Townhouse (Townhouse) |
| Status | Active |
| Days on Market | 16 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $7,332 |
| Estimated Insurance | $423 |
| HOA | $400 |
| **Total** | **$8,155** |

## Nearby Schools

- **Elementary:** Van R Butler
- **Middle:** Emerald Coast
- **High:** South Walton

## Key Amenities

- Waterfront
- A/C

## Property Highlights

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

## Description

### Agent 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!

## Location

- **Address:** 1987 Scenic Gulf Drive #B5, Miramar Beach, FL 32550
- **County:** Walton
- **Neighborhood:** COSTA DEL SOL T/H
- **Coordinates:** 30.377184, -86.381509
- **Google Maps:** https://www.google.com/maps?q=30.377184,-86.381509

## Listing Agent

- **Name:** Jacklyn M Riley · **License:** 3471740
- **Brokerage:** Hilary & Reverie
- **Broker Phone:** (850) 231-2850
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1987-Scenic-Gulf-Dr-Unit-B5_Miramar-Beach_FL_32550_M62526-84145?f=listhub&s=ECARMLSFL&m=1013842&c=propsimple)

## Photos

![1987 Scenic Gulf Drive #B5 - Photo 1](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f3522666919r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 2](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f3628126970r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 3](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f3525707886r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 4](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f2222191829r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 5](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f1924464523r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 6](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f666641247r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 7](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f778815652r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 8](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f1187831191r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 9](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f3676875602r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 10](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f1171576987r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 11](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f2579589490r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 12](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f3124894691r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 13](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f3739017851r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 14](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f3300053324r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 15](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f859688865r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 16](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f3708778604r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 17](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f1939547774r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 18](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f334398148r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 19](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f3635998757r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 20](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f1765030062r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 21](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f3559583213r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 22](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f407583498r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 23](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f3199050970r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 24](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f793730417r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 25](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f2704074305r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 26](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f3240620320r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 27](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f301854888r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 28](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f1384964958r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 29](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f2907534701r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 30](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f2430266495r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 31](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f422801100r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 32](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f1607020376r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 33](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f4150910136r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 34](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f3545376778r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 35](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f1898355521r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 36](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f2523922402r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 37](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f421855340r.jpg)

![1987 Scenic Gulf Drive #B5 - Photo 38](http://lh.rdcpix.com/dfbc764b34d6d70b4a21d57551d3b022l-f3741142753r.jpg)

---

**MLS#:** 1013842 | **Updated:** 2026-10-28
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/1987-scenic-gulf-drive-miramar-beach-fl-32550-16d8705c407c4f9cbf78ef4c284412b0)

---

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        "value": "0.07 acres"
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      },
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        "name": "Parking Spaces",
        "value": 4
      },
      {
        "@type": "PropertyValue",
        "name": "Unit Number",
        "value": "B5"
      },
      {
        "@type": "PropertyValue",
        "name": "Property Subtype",
        "value": "Townhouse"
      }
    ]
  },
  "offers": {
    "@type": "Offer",
    "@id": "https://staging.propertysimple.ai/listing/1987-scenic-gulf-drive-miramar-beach-fl-32550-16d8705c407c4f9cbf78ef4c284412b0#offer",
    "url": "https://staging.propertysimple.ai/listing/1987-scenic-gulf-drive-miramar-beach-fl-32550-16d8705c407c4f9cbf78ef4c284412b0",
    "price": 1450000,
    "priceCurrency": "USD",
    "businessFunction": "http://purl.org/goodrelations/v1#Sell",
    "availability": "https://schema.org/InStock",
    "seller": {
      "@id": "https://staging.propertysimple.ai/listing/1987-scenic-gulf-drive-miramar-beach-fl-32550-16d8705c407c4f9cbf78ef4c284412b0#agent"
    }
  },
  "provider": {
    "@type": "Person",
    "@id": "https://staging.propertysimple.ai/listing/1987-scenic-gulf-drive-miramar-beach-fl-32550-16d8705c407c4f9cbf78ef4c284412b0#agent",
    "name": "Jacklyn M Riley",
    "worksFor": {
      "@type": "Organization",
      "@id": "https://staging.propertysimple.ai/listing/1987-scenic-gulf-drive-miramar-beach-fl-32550-16d8705c407c4f9cbf78ef4c284412b0#brokerage",
      "name": "Hilary & Reverie",
      "telephone": "(850) 231-2850"
    }
  }
}
```