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An increasingly rare opportunity awaits with this buildable homesite located on the coveted south side of Highway 98. Positioned within an established coastal setting, this lot offers the freedom to create a custom beach retreat or a smart investment property in an area where opportunities are quickly disappearing. The property includes deeded beach access, making it easy to walk to the shoreline in the relaxed atmosphere of an old Florida beach enclave. Possible gulf views from upper levels beginning around 30 feet enhance the appeal, offering the potential for water vistas paired with thoughtful architectural design. With utilities already in place, including power, water, and sewer, the site is ready for development without delay. Set outside the flood hazard area and located within an X Flood Zone, the lot offers added peace of mind while remaining just moments from dining, shopping, and entertainment in Miramar Beach. As one of the lowest-priced lots south of 98 with deeded beach access, it stands out as a compelling value and one of the few remaining chances to build in this highly sought-after coastal pocket. Whether envisioned as a primary residence, a vacation escape, or an income-producing property, this homesite offers location, access, and long-term potential in a setting that continues to grow more desirable each year.

Highlights

  • Land
  • Unimproved Land
  • 0.15 Acre Lot
  • $100/yr HOA
  • Waterfront
  • 297 days on Market


  • Acres
    0.15
  • Lot Features
    Waterfront
  • Water Front
    Yes
  • Utilities
    Other

  • Area
    15 - Miramar/Sandestin Resort
  • County
    Walton
  • City
    Miramar Beach
  • Neighborhood
    TANG-O-MAR S/D UNREC
  • Zip Code
    32550
  • High School
    South Walton
  • Middle School
    Emerald Coast
  • Elementary School
    Van R Butler

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Frequently Asked Questions

How do I schedule a tour of 36 Casting Lake Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 36 Casting Lake Rd.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 36 Casting Lake Rd?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $500,000. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Miramar Beach, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 36 Casting Lake Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 36 Casting Lake Rd at around $3,052. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 36 Casting Lake Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Walton County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 36 Casting Lake Rd?

In most cases, yes. Whether 36 Casting Lake Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Miramar Beach's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 36 Casting Lake Rd?

We can handle that for you. Our preferred local agent specializes in lands in Miramar Beach and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

36 Casting Lake Rd was listed on January 22, 2026, which means it's been on the market for 297 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

36 Casting Lake Rd sits on a 0.15-acre lot, which is 6,534 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Van R Butler
  • Middle: Emerald Coast
  • High: South Walton

Want to see how these schools compare? Check out our Walton County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 36 Casting Lake Rd?

The most recent public record shows annual property taxes for 36 Casting Lake Rd were approximately $2,485. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $100 paid annually.

Is 36 Casting Lake Rd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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