$449,000
55 Shelley's Way , Miramar Beach, FL 32550
- Status:
- Active
- MLS #:
- 988463
- Neighborhood:
- FRANGISTA BEACH
- County:
- Walton
- Listed By:
- Karen K Martineau - RE/MAX Coastal Properties
- Agent Email:
- karen@karenmartineau.com
Sponsoring Broker: Jennifer Ledesma, Berkshire Hathaway HomeServices Beach Properties of Florida
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 cafés, shopping & championship golf courses-- everything you need to embrace the Emerald Cst lifestyle at its fines
Highlights
- Land
- Unimproved Land
- 0.26 Acre Lot
- $450/qtr HOA
- 384 days on Market
-
- Acres
- 0.26
-
- Lot Features
- Wooded, Cul-De-Sac, Irregular Lot
-
- Utilities
- Electricity Available
-
- Water
- Public
-
- Area
- 15 - Miramar/Sandestin Resort
-
- County
- Walton
-
- City
- Miramar Beach
-
- Neighborhood
- FRANGISTA BEACH
-
- Zip Code
- 32550
-
- High School
- South Walton
-
- Middle School
- Emerald Coast
-
- Elementary School
- Van R Butler
-
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Price History
| 10/28/2025 | Off Market | — |
| Source: Emerald Coast Association of REALTORS #988463 | ||
| 10/27/2025 | Listed | $449,000 |
| Source: Emerald Coast Association of REALTORS #988463 | ||
| 11/05/2019 | Off Market | — |
| Source: Emerald Coast Association of REALTORS #834800 | ||
| 07/05/2018 | Sold | $124,000 |
| Source: Emerald Coast Association of REALTORS #782863 | ||
| 01/30/2018 | Price Changed | $139,900 |
| Source: Emerald Coast Association of REALTORS #782863 | ||
| 09/06/2017 | Listed | $160,000 |
| Source: Emerald Coast Association of REALTORS #782863 | ||
Source: MLS Data
Deed History
| 03/02/2020 | Warranty Deed | $162,500 |
| 07/06/2018 | Warranty Deed | $124,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 06/06/2019 | Commercial | $280,000 |
Source: Public records via Constellation Data Labs
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There are currently 804 properties available in Miramar Beach, with 0 under contract to close soon. Properties in the city have an average sale price of $951,541 and typically spend 116 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 55 Shelley's Way?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $449,000. 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 55 Shelley's Way?
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 55 Shelley's Way at around $2,555. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 55 Shelley's Way?
In most cases, yes. Whether 55 Shelley's Way 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.
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How long has this property been on the market?
55 Shelley's Way was listed on October 27, 2025, which means it's been on the market for 384 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?
55 Shelley's Way sits on a 0.26-acre lot, which is 11,326 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.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $450 paid quarterly.
Is 55 Shelley's Way 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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