SoldJun 18, 2025

Listed by Bruce Baker

Source: Pensacola Association of REALTORS #665304

56 Payne Street, Miramar Beach, FL, 32550

$2,000,000

54450 sq. ft.

Land

4 days on the market

Sold: Jun 18, 2025

What's around 56 Payne Street

About this property

DEVELOPERS ====>>> Prime Infill Development Opportunity – 1.25 Acres just one block from the sugar-white sands of the Gulf, this rare 1.25-acre parcel in Walton County (Miramar) offers an exceptional opportunity for infill development. Zoned for residential use and, per county guidance, likely eligible to be subdivided into up to eight buildable lots, this property is a dream for developers looking to capitalize on strong demand for coastal living. Per the seller, natural gas is available, allowing you to tap into those buyers who prefer to cook with gas, and sewer is available along Payne Street as well. Whether you envision a collection of luxury coastal homes, vacation rental cottages, or a private residential enclave, this parcel offers the size, location, and flexibility to bring your vision to life. With utilities nearby and favorable zoning, it’s a rare opportunity to build in one of the most desirable areas on the Emerald Coast. Ideally situated between the Gulf of Mexico and Choctawhatchee Bay, the location offers easy access to multiple public beach access points, boat launches, and bayfront parks. Nearby are top-tier shopping, dining, and entertainment options at Grand Boulevard, Destin Commons, and Silver Sands Premium Outlets. Scenic Highway 30A is just minutes away, with its boutique shops, art galleries, and charming beach towns. The Destin-Fort Walton Beach Airport (VPS) is also within easy reach, adding convenience for future residents and vacationers. ===>>Structures on the property, though believed to be in good condition, are given zero value.

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