1656 Scenic Gulf Drive, Miramar Beach, FL 32550

New Listing
$3,200,000
Property Type: Residential Bedrooms: 8 Baths: 8 Square Footage: 5,040 Lot Size (sq. ft.): 5,750 Status: Active
Current Price: $3,200,000 List Date: 8/20/2026 Last Modified: 8/20/2026

Overview

Description

PRIME INVESTMENT OPPORTUNITY RIGHT ACROSS FROM THE GULF! This versatile 4-plex features two 2-bedroom, 1.5-bath units and two 1-bedroom, 1-bath units, offering exceptional rental income potential in the highly sought-after Miramar Beach area. A private pool enhances the property’s appeal, making it ideal for vacationers and long-term tenants alike. Best of all, NO HOA fees, allowing for greater profitability! Located just steps from the pristine white sand beaches of the Gulf, this property is perfectly positioned near shopping, dining, and local attractions. Whether you’re looking to expand your portfolio or secure a short-term rental hotspot, this 4-plex is a rare find on Scenic Gulf Drive. Don’t let this opportunity slip away! ***Professional pictures coming soon****

Listing Details MLS# 794371

Contract Info

List Price/SqFt
634.92

Location

Area
12 – Walton County
Street #
1656
Street Name
Scenic Gulf
Street Suffix
Drive
State
FL
Zip Code
32550
County
Walton
Sub Area
1208 – Walton – Miramar Beach
Subdivision
Warren Heights
Community/Resort
None
Waterfront
No
Parcel ID
32-2S-21-42260-000-0221
Directions
Head east on Scenic Gulf Drive. The property is located on the north side of the road, directly across from the beach
Legal Description
LOT 22 LYING N OF US HWY #98 WARREN HEIGHTS S/D IN PB 2-38 IN SEC 32-2S-21W OR 84-529 OR 2294-445 OR 2628-1730 OR 2658-4481 OR 2813-1916 OR 2822-1813 OR 3040-3022 OR 3090-1484 OR 3172-174

General Property Info

Sub-Type
Duplex Multi-Units
Design
Duplex
Apx SqFt(Htd/Cooled)
5040
SqFt Source
An Appraiser
Full Baths
6
Half Baths
2
Total Baths
8
# of Stories in Building
3
# of Units in Bldg
2
Accessory Dwelling Unit
No
Year Built
1984
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
50.0 ft x 115.0 ft
Acreage
0.13
Lot Size (SqFt)
5750
Pool
Yes
Pool Type
Private

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
6604.99
Last Tax Year
2025
Brokerage Interest
No Interest

Remarks & Misc

Remarks
PRIME INVESTMENT OPPORTUNITY RIGHT ACROSS FROM THE GULF! This versatile 4-plex features two 2-bedroom, 1.5-bath units and two 1-bedroom, 1-bath units, offering exceptional rental income potential in the highly sought-after Miramar Beach area. A private pool enhances the property's appeal, making it ideal for vacationers and long-term tenants alike. Best of all, NO HOA fees, allowing for greater profitability! Located just steps from the pristine white sand beaches of the Gulf, this property is perfectly positioned near shopping, dining, and local attractions. Whether you're looking to expand your portfolio or secure a short-term rental hotspot, this 4-plex is a rare find on Scenic Gulf Drive. Don't let this opportunity slip away! ***Professional pictures coming soon****

Dining Room

First
Yes

More Information

Pool Features

Fenced
Yes
Inground
Yes

Appliances

Dishwasher
Yes
Microwave
Yes
Range – Electric
Yes
Refrigerator
Yes
Water Heater – Electric
Yes

Interior Features

Breakfast Bar
Yes
Floor – Vinyl
Yes
Floor – Vinyl Plank
Yes
Lighting – Recessed
Yes
Stairs
Yes

Construction/Siding

Foundation – Slab on Grade
Yes
Wood/Frame
Yes
Roof – Gutters
Yes
Roof – Metal
Yes
Siding – Stucco
Yes
Trim – Wood
Yes

Exterior

Balcony
Yes
Fenced Lot-Part
Yes
Patio Open
Yes
Porch Covered
Yes
Sprinkler System
Yes

Financing

Cash
Yes
Conventional
Yes
VA
Yes

Furnished

Unfurnished
Yes

Interior

Bunk Room
Yes

Kitchen

First
Yes
Second
Yes

Lot Features

Deeded Access
Yes
Improved Lots
Yes
Landscaped
Yes
Near Beach Access
Yes
Within 1/2 Mile to Water
Yes

Lot Access

City Street
Yes
Paved Road
Yes

Parking Features

Driveway
Yes
Oversized
Yes
Paved
Yes
Paver Block
Yes

Rooms

Bedroom
Yes
Dining Room
Yes
Kitchen
Yes
Primary Bedroom
Yes

Utilities

Cable – Available
Yes
Electricity – Connected
Yes
Natural Gas – Available
Yes
Phone – Connected
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Waterview

Gulf
Yes

Primary Bedroom

First
Yes

Bedroom

First
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes
Multi Units
Yes

Heating

Central
Yes
Electric
Yes

Primary Bdrm/Primary Bath

MBath Shower Only
Yes
MBed Balcony
Yes

Security Features

Smoke Detector(s)
Yes

Property Features

Appliances: Dishwasher; Microwave; Range – Electric; Refrigerator; Water Heater – Electric Primary Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric; Multi Units Heating: Central; Electric Exterior: Balcony; Fenced Lot-Part; Patio Open; Porch Covered; Sprinkler System Financing: Cash; Conventional; VA Furnished: Unfurnished Interior: Bunk Room Kitchen: First; Second Lot Features: Deeded Access; Improved Lots; Landscaped; Near Beach Access; Within 1/2 Mile to Water Lot Access: City Street; Paved Road Dining Room: First Pool Features: Fenced; Inground Security Features: Smoke Detector(s) Parking Features: Driveway; Oversized; Paved; Paver Block Rooms: Bedroom; Dining Room; Kitchen; Primary Bedroom Utilities: Cable – Available; Electricity – Connected; Natural Gas – Available; Phone – Connected; Public Sewer – Connected; Public Water – Connected Waterview: Gulf

Room Information

Room Name Level Dimensions Length Width
Primary Bedroom First 10 x 10 10.00 10.00
Primary Bedroom First 10 x 10 10.00 10.00
Primary Bedroom First 10 x 10 10.00 10.00
Dining Room First 21 x 18 21.00 18.00
Kitchen First 10 x 8 10.00 8.00
Kitchen Second 10 x 8 10.00 8.00
Bedroom First 10 x 12 10.00 12.00
Bedroom First 10 x 12 10.00 12.00
Listing Office: Counts Real Estate Group Inc
Last Updated: August – 20 – 2026
Information deemed reliable but not guaranteed.