119 Norwood Drive, Miramar Beach, FL 32550
METES & BOUNDS · Walton County
Key Facts
Description
Rare opportunities like this are becoming increasingly difficult to find. This approximately 0.3 acre homesite sits just steps from the beach access across the street and offers exceptional redevelopment potential, subject to buyer verification. Situated in the heart of Miramar Beach, this unique property combines an estate-sized homesite with an unbeatable location. Whether you're searching for a primary residence, second home, investment property, or exploring redevelopment opportunities, the possibilities are as compelling as the location itself. The beautifully landscaped grounds feature mature palms, shade trees, lush lawn, a private pool, and a fully fenced yard, creating a private setting rarely found this close to the beach. The home's elevated position enhances both privacy and outdoor enjoyment. The existing residence has been thoughtfully updated with granite countertops, upgraded cabinetry, and quality interior finishes. Built with durable concrete block construction, a stucco exterior, a metal roof, and hurricane shutters, the home also offers a spacious front porch with both screened and open-air living areas, plus a private rear porch overlooking the tranquil garden. Leave the car behind and enjoy one of the property's greatest advantages. Beach access is directly across the street, placing the sugar white sand and emerald green waters just moments away. Nearby destinations include Silver Sands Premium Outlets, Sandestin Golf and Beach Resort, Grand Boulevard, championship golf courses, restaurants, shopping, and entertainment.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Beach House
Year Built
1943
Living Area
1,400 sq ft
Lot Size
0.32 acres
Lot Dimensions
125x112
Parking Spaces
4
Zoning
Resid Single Family
Days on Market
1
MLS® Listing#
1007233
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Pool
Parking
Patio
Fencing
Lot Features
Construction
Roof
Windows
Security
Utilities
Sewer
Water Source
Rooms
- 12 x 12Second
- Bedroom13 x 10First
- Bedroom12 x 10Second
- Den12 x 12Second
- Kitchen15 x 8Second
- Master Bedroom12 x 10Second
Schools
- Elementary:
- Van R Butler
- Middle:
- Emerald Coast
- High:
- South Walton
Financial Details
Annual Taxes
$3,699
Tax year 2025
Parcel Number
33-2S-21-42000-016-0010
Directions
Heading east on Scenic 98 take a right onto Norwood Drive and the home will be on the left.
Affordability Calculator
$499,000
Estimated monthly payment
$13,279/mo
Principal $1,996,000 · Est. interest $2,784,598 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Miramar Beach, FL
- $504,069
- Median Listing Price
- 116
- Median Days on Market
- 1,400
- Median Sq Ft
- $381
- Median Price / Sq Ft
- 27,695
- Active Listings
- This home’s price is 395% above the area median.
- Its price per sq ft is 368% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Miramar Beach, FL.
Location
Points of Interest in Miramar Beach, FL
Showing the Miramar Beach area map.
Nearby Schools
Gateway Academy
School · 0.3 mi away
Destin Middle School
Secondary · 4.8 mi away
Emerald Coast Middle School
School · 5.4 mi away
Van R Butler Elementary School
Elementary · 5.4 mi away
Destin High School
Secondary · 5.7 mi away
The Tree House Episcopal Montessori School
Elementary · 7.4 mi away
Asheford Institute of Antiques
School · 8.3 mi away
Destin Elementary School
Elementary · 8.6 mi away
Naval School Explosive Ordnance Disposal
School · 8.8 mi away
Bluewater Elementary School
Elementary · 9.0 mi away
South Walton High School
Secondary · 10.2 mi away
Niceville Head Start
School · 11.3 mi away
St. Paul Lutheran Church and School of Niceville
School · 11.4 mi away
Ashnick Academy
School · 11.5 mi away
James E. Plew Elementary School
Elementary · 11.7 mi away
Addie R Lewis School
Elementary · 11.8 mi away
Niceville High School
Secondary · 11.8 mi away
Rocky Bayou Christian School
Secondary · 12.5 mi away
Niceville High School
Secondary · 12.6 mi away
C. W. Ruckel Middle School
Secondary · 12.7 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 53 N Cypress Breeze Boulevard, Santa Rosa Beach, FL | $1,749,000 | 3 | 4 | 3,566 |
| 1660 E County Hwy 30A 102, Santa Rosa Beach, FL | $1,749,000 | 2 | 2 | 1,285 |
| 6899 Collins Ave 808, Miami Beach, FL | $1,749,000 | 2 | 2 | 1,290 |
| 1170 GULF BOULEVARD 201, CLEARWATER BEACH, FL | $1,749,000 | 3 | 3 | 2,521 |
| 490 Randy Lane, Fort Myers Beach, FL | $1,749,000 | 3 | 3 | 2,407 |
| 59 Ashley Lane, Santa Rosa Beach, FL | $1,749,000 | 4 | 4 | 2,648 |
Moving Cost Estimate
EXIT Agents in Miramar Beach
Listing Courtesy: Coastal Abode - 8502461809