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  • Price$20,000,000
  • Sq. Ft.469,577
  • Acres10.78

10+ Acres 270' On Beach;extends To Hwy98 Cir, MIRAMAR BEACH

Rare and irreplaceable generational estate now offered for sale! This incredible 10.78-acre private compound features 270' of unimpeded shoreline on the Gulf of Mexico in Miramar Beach, Florida! Designated ''Coastal Center'' under Walton County's F.L.U.M., this unique property could make an amazing trophy property for a discerning family, or it could present a variety of (re)development opportunities, perhaps to include a boutique hotel, condominiums, and single-family homes.The existing residence, known as Casa Lauren, is oriented on 135' of the total 270' beach-front expanse. Please inquire for further details. Showings are by advanced appointment only. Buyer(s) must verify the accuracy of all information and specifications. The subject offering includes (4) contiguous parcels.

Essential Information

  • MLS® #802123
  • Price$20,000,000
  • Square Footage469,577
  • Acres10.78
  • TypeResidential Land
  • StatusActive


  • UtilitiesElectric Available
  • FeaturesAdditional Land Available, Within 1/2 Mile Of Water
  • Is WaterfrontYes
  • WaterfrontGULF

School Information

  • ElementaryVAN R. BUTLER

Listing Details

  • Listing Office:Somers & Company

Community Information

  • Address10+ Acres 270' On Beach;extends To Hwy98 Cir
  • AreaSouth Walton West
  • SubdivisionThe Pennington Estate
  • CountyWALTON
  • StateFL
  • Zip Code32550


  • Lot DescriptionAdditional Land Available, Within 1/2 Mile Of Water

Additional Information

  • Days on Website199
  • ZoningCoastal Center
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on January 16th, 2019 at 12:45pm CST.