# 55 Shelley's Way, Miramar Beach, FL 32550 > **TL;DR:** land, $449,000. Est. $2,851/mo. Listed 365 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $449,000 | | Lot Size | 11,326 sqft (0.26 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 365 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,270 | | Estimated Insurance | $131 | | HOA | $450 | | **Total** | **$2,851** | ## Nearby Schools - **Elementary:** Van R Butler - **Middle:** Emerald Coast - **High:** South Walton ## Property Highlights - 0.26 acre lot ## Description ### Agent Description Coastal Luxury Meets Prime Location. Welcome to your slice of paradise in the exclusive gated community of The Villas of Frangista Beach. This extra-large .26-acre buildable lot is perfectly positioned on a quiet, low-traffic cul-de-sac, offering privacy & tranquility just a short walk from the sugar-white sand & turquoise waters of the Gulf. Whether you're envisioning a primary home, beach retreat, or high-performing investment property, this high-elevation homesite provides the ideal canvas--w/no build-out time & prelim house plans included to jumpstart your vision. Enjoy the charm of pavered streets, comm pool & clubhouse & low HOA fees. You're just a short stroll from cafes, shopping & championship golf courses-- everything you need to embrace the Emerald Cst lifestyle at its fines ## Location - **Address:** 55 Shelley's Way, Miramar Beach, FL 32550 - **County:** Walton - **Neighborhood:** FRANGISTA BEACH - **Coordinates:** 30.383368, -86.376765 - **Google Maps:** https://www.google.com/maps?q=30.383368,-86.376765 ## Listing Agent - **Name:** Karen K Martineau · **License:** 3096846 - **Brokerage:** RE/MAX Coastal Properties - **Broker Phone:** (850) 837-9900 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/55-Shelleys-Way_Miramar-Beach_FL_32550_M50629-18549?f=listhub&s=ECARMLSFL&m=988463&c=propsimple) ## Photos ![55 Shelley's Way - Photo 1](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f2569460632r.jpg) ![55 Shelley's Way - Photo 2](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f3784423839r.jpg) ![55 Shelley's Way - Photo 3](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f2107037658r.jpg) ![55 Shelley's Way - Photo 4](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f2673475575r.jpg) ![55 Shelley's Way - Photo 5](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f1098569292r.jpg) ![55 Shelley's Way - Photo 6](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f3731654597r.jpg) ![55 Shelley's Way - Photo 7](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f3912115973r.jpg) ![55 Shelley's Way - Photo 8](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f303873581r.jpg) ![55 Shelley's Way - Photo 9](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f4094605058r.jpg) ![55 Shelley's Way - Photo 10](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f678103650r.jpg) ![55 Shelley's Way - Photo 11](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f374464344r.jpg) ![55 Shelley's Way - Photo 12](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f824172660r.jpg) ![55 Shelley's Way - Photo 13](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f2747241070r.jpg) ![55 Shelley's Way - Photo 14](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f4218664375r.jpg) ![55 Shelley's Way - Photo 15](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f4053956249r.jpg) ![55 Shelley's Way - Photo 16](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f2962283159r.jpg) ![55 Shelley's Way - Photo 17](http://lh.rdcpix.com/7c2bc7761318d37781f391116e84350el-f811828510r.jpg) --- **MLS#:** 988463 | **Updated:** 2026-10-20 **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/55-shelley-s-way-miramar-beach-fl-32550-7270328d8b9444528c00b92878c55f37) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/55-shelley-s-way-miramar-beach-fl-32550-7270328d8b9444528c00b92878c55f37#listing", "url": "https://staging.propertysimple.ai/listing/55-shelley-s-way-miramar-beach-fl-32550-7270328d8b9444528c00b92878c55f37", "name": "55 Shelley's Way, Miramar Beach, FL 32550", "description": "Coastal Luxury Meets Prime Location. Welcome to your slice of paradise in the exclusive gated community of The Villas of Frangista Beach. 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