1952 Scenic Gulf Drive #107

About This Home

Unit 107 Emerald Waters is located on Scenic Gulf Dr in the Frangista Beach area of Miramar Beach. This 2BR, 2BA is conveniently located on the first-floor -- meaning no need to ever wait on elevators. Park near your unit and enjoy easy access from the condominium to the open balcony. The kitchen features granite countertops, custom tile-backsplash, under-cabinet lighting, stainless steel appliances, and pendant lights over the breakfast bar. The primary suite includes an updated bathroom with a tiled walk-in shower and double-sink vanity. Notable details include 9-foot ceilings, crown molding, updated lighting & plumbing fixtures, tile plank flooring throughout the main living areas and both bedrooms, and a brand-new HVAC system. The laundry room is equipped with a FULL-SIZED washer and dryer. The guest bedroom is designed for maximum versatility, featuring shiplap accent walls and custom built-in twin-over-king bunks that provide additional sleeping space without sacrificing comfort. The adjoining guest bath offers a tub/shower combo, tile surrounded with a sliding glass enclosure. Step outside to a covered porch and grassy area, perfect for enjoying the gulf breeze or providing convenient outdoor space for pets. Emerald Waters is a low-density, 36-unit complex with a pool, hot tub, grilling area, ample parking, and professionally maintained grounds. The seller anticipates $33K in gross rental revenue for 2026. The community improvements that have already been completed and funded, including a new roof, structural columns, exterior re-painting, and updated exterior lighting. Scenic Gulf Drive is a top southwest Walton County destination. Emerald Waters is convenient to the beach, restaurants, a coffeehouse with Wi-Fi, and a short drive to Miramar Beach destinations. This turnkey condo offers an exceptional combination of location, convenience, and revenue stream potential.