7 Lake St

Miramar Beach, FL 32550

$2,190,000
Last Sold Price
7
Beds
2,900 Sq. Ft.
$755 / Sq. Ft.
2,900
Sq. Ft.
$755
per Sq. Ft.
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Sold 11/8/22
Sold 11/8/22
a view of a house with swimming pool and sitting area
a front view of house with yard and trees in the background
a kitchen with stainless steel appliances granite countertop a table chairs and a white cabinets
an aerial view of a city
a living room with furniture a ceiling fan and a large window
front view of a house with a swimming pool
a bedroom with a bed and wooden floor
a living room with furniture and a view of kitchen
a view of swimming pool with outdoor seating and plants
a view of a big house with a big yard and potted plants
a kitchen with stainless steel appliances granite countertop a stove and a wooden floors
a large kitchen with lots of counter space dining table and stainless steel appliances
a bedroom with a large bed and a window
a bathroom with a double vanity sink toilet and shower
a bedroom with a bed and a window
a bathroom with a tub and a shower
a bedroom with a bed and a window
a bedroom with a bed and a dresser
a bathroom with a sink a toilet and a mirror
a bedroom with a bed and wooden floor
a bathroom with a double vanity sink toilet mirror and bathtub
a bedroom with furniture and a window
a bathroom with a sink toilet and shower
a bedroom with a large bed and a chandelier
a bedroom with a bed and a couch
a bathroom with a sink toilet and shower
a bedroom with a large bed and a window
a bathroom with a sink toilet and shower
a front view of building with yard
a front view of a house with a yard
an empty room with wooden floor and a window
a living room with furniture and kitchen view
a kitchen with a refrigerator a stove top oven and white cabinets
a living room with furniture and window
a bathroom with a bathtub and a window
a view of a balcony with wooden floor

Description

Newly completed in 2022, 7 Lake Street is adorned with high end and unique finishes that coalesce to create an ideal vacation rental property. Located in phase II of the gated community of Frangista Beach off of iconic Scenic Highway 98, the Sandy Pearl boasts private, deeded beach access for owners and visitors. This pristine 3-story home on a private corner lot is finished with modern coastal touches professionally curated and furnished by a local interior designer. The generous floor plan with...Newly completed in 2022, 7 Lake Street is adorned with high end and unique finishes that coalesce to create an ideal vacation rental property. Located in phase II of the gated community of Frangista Beach off of iconic Scenic Highway 98, the Sandy Pearl boasts private, deeded beach access for owners and visitors. This pristine 3-story home on a private corner lot is finished with modern coastal touches professionally curated and furnished by a local interior designer. The generous floor plan with stunning upgraded flooring throughout is open, light, and airy – making it both inviting and relaxing. Seven spacious bedrooms including two on the main level, and a third-floor kitchenette with an 8th king-sized bed allow this home to accommodate up to 24 sleepers in grand style. The kitchen has commercial grade, stainless steel appliances, upgraded quartz countertops, handmade subway tile backsplash, and custom art pieces to accent the space. A separate large ice maker and commercial size washer/dryer add ultimate convenience. Living spaces include brand new furniture, smart TVs, game room equipment, and multi-window coverings. Each of the home's 8 bathrooms is graced with Sellers brand custom tile designs. Designers brought the same exquisite attention to detail to the outside spaces of the Sandy Pearl, as well. Landscaping is lush with palm trees lining an oversized parking area/driveway. Owners can peer down through the overhanging backyard palms from the many suites created by outside decks to admire oversized pavers surrounding the luscious private pool with a kiddie/tanning area attached. Controlling the settings on the heated pool is effortless with Wi-Fi controlled smart home features. The space is further defined with rich teak furniture, stainless-steel grill, and hammock for lounging on lazy days. Take the included 6-passenger golf cart to the Silver Sands Premium Outlet Mall, (home to 110 designer and name brand outlet stores), just 2 miles away. Also within 2 miles of the home are countless restaurants, grocery stores, gas station, CVS Pharmacy, 2 large and popular public beach accesses, and much more! For golfers, Seascape Golf Course is a 5-minute drive from the Sandy Pearl.

On the practical side and beyond the "higher than typical" vacation rental finishes, wise buyers will appreciate the owner's closet with code padlock inside and large storage closet with code padlock outside. Additionally, builders have included a 10-year pool warranty, upgraded electrical and plumbing fixtures, manufacturers' warranties for all mechanicals and appliances, new, well-supplied sprinkler system, and most impressively, a full builder warranty till May 2023. Whether you are looking for an investment property or a place to make memories with your extended family, the Sandy Pearl is a treasured find.

Listing Agent

  1. Spears Group

    Spears Group

    Listing Agent

    Compass

    spearsgroup@compass.com

    P: (850)-710-2114

    CallTextEmail

Property Details for 7 Lake Street

Zoning
Resid Single Family
Architectural Style
Beach House
Subdivision Name
FRANGISTA BEACH 2ND ADDN
LISTING UPDATED: 10/25/2024 09:46 PM

Property Details for 7 Lake Street

StatusSold
MLS #904010
Days on Market69
Taxes$1,479 / year
HOA Fees$425 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built2022
Lot Size0.12 AC / 5,227 SF
CountyWalton County
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Location

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Building Information for 7 Lake Street

Stories3Year Built2022Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

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$10,939 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,674

Property Taxes

$123

HOA Dues

$142

The Payment Calculator is for illustrative purposes only.

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Property Information for 7 Lake Street

Summary
Location and General Information
  • Community Features: Gated Community, Pool
  • Directions: From US Highway 98, head south on south Holiday Road, making a left on to Scenic highway 98, from Scenic 98, head North on Miami Street. Once you go through the gate to the community, make a right on Walton Dr. the home will be on the corner of Walton Dr. and Lake St. on your left.
  • MLS Area Minor: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
  • MLS Area Major: 15 - Miramar/Sandestin Resort
  • Latitude: 30.38127
  • Longitude: -86.376161
  • Location Tax and Legal:Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
  • Location Tax and Legal:Elementary School: Van R Butler
  • Location Tax and Legal:Middle School: Emerald Coast
  • Location Tax and Legal:High School: South Walton
  • Location Tax and Legal:Legal Description: LOT 4 BLK I FRANGISTA BEACH 2ND ADDITION PB 3-41 OR 1754-243 OR 2619-2550 OR 2621-4300 OR 2642-1524 OR 3003-3604 OR 3025-974 OR 3053-2634 OR 3084-4256 OR 3159-1814
  • Project Facilities: Gated Community, Pool2
  • Garage 2: false
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Master Association
  • Association Fee2: $425
  • Tax Legal Description: LOT 4 BLK I FRANGISTA BEACH 2ND ADDITION PB 3-41 OR 1754-243 OR 2619-2550 OR 2621-4300 OR 2642-1524 OR 3003-3604 OR 3025-974 OR 3053-2634 OR 3084-4256 OR 3159-1814
  • Parcel Number: 32-2S-21-42050-00I-0040
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $1,479
  • Listing Info Tax Legal:Last Taxes: $1,479
  • Listing Info Tax Legal:Last Tax Year: 2021.0
School Information
  • Elementary School: Van R Butler
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton
Parking
  • Carport YN: No
Property
Lot Information
  • Building Area Source: Agent-Measured
  • Lot Size Dimensions: 107.50 x 50 x 39.5
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Irregular, Sidewalk, Survey Available, Within 1/2 Mile to Water
  • Building Area Total: 2900.0
  • Lot Size Square Feet: 5227.2
  • General Property Info:SqFt Source: Agent-Measured
  • LotParcel Access: Controlled Access, Paved Road
  • Lot Features: Irregular, Sidewalk, Survey Available, Within 12 Mile to Water
Property and Assessments
  • Road Surface Type: Paved
  • Tax Year: 2021.0
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2022.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Beach House
  • Construction Status: Construction Complete
  • Construction Siding: Roof Metal, Siding CmntFbrHrdBrd
  • Occupancy Status: Vacation Rental
Utilities
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water
  • Electric: True
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water
  • Energy: AC - High Efficiency, Ceiling Fans, Double Pane Windows
Interior and Exterior Features
Exterior Features
  • Exterior Features: Pool - In-Ground, Porch
  • Construction Materials: Roof Metal, Siding CmntFbrHrdBrd
  • Stories: 3.0
  • Pool Features: Pool Type
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Private
  • Exterior: Pool - In-Ground, Porch
Interior Features
  • Cooling: Ceiling Fan(s)
  • Interior Features: Breakfast Bar, Furnished - All, Kitchen Island, Lighting Recessed, Washer/Dryer Hookup
  • Window Features: Double Pane Windows
  • Room Type: Master Bedroom, Bedroom, Living Room, Dining Area
  • Rooms Total: 9.0
  • Bathrooms Total Integer: 8.0
  • Bathrooms Total Decimal: 7.5
  • Bathrooms Total Notational: 7.1
  • Cooling YN: Yes
  • Bedrooms Total: 7.0
  • Bathrooms Full: 7.0
  • Bathrooms Half: 1.0
  • Interior: Breakfast Bar, Furnished - All, Kitchen Island, Lighting Recessed, WasherDryer Hookup
  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator, Smooth Stovetop Rnge, StoveOven Electric, Washer
Room Information
Room 1
  • Room Type: Master Bedroom
  • Room Level: First
  • Room Length: 14.55
  • Room Width: 15.5
  • Room Dimensions: 14.55 x 15.5
Room 2
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 12.0
  • Room Width: 13.0
  • Room Dimensions: 12 x 13
Room 3
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 12.0
  • Room Width: 13.0
  • Room Dimensions: 12 x 13
Room 4
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 12.0
  • Room Width: 13.0
  • Room Dimensions: 12 x 13
Room 5
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 12.0
  • Room Width: 13.0
  • Room Dimensions: 12 x 13
Room 6
  • Room Type: Bedroom
  • Room Level: Third
  • Room Length: 12.0
  • Room Width: 13.0
  • Room Dimensions: 12 x 13
Room 7
  • Room Type: Bedroom
  • Room Level: Third
  • Room Length: 12.0
  • Room Dimensions: 12 x 13
Room 8
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 29.0
  • Room Width: 26.0
  • Room Dimensions: 29 x 26
Room 9
  • Room Type: Dining Area
  • Room Level: First
  • Room Length: 10.0
  • Room Width: 20.0
  • Room Dimensions: 10 x 20
Rental
Rent Information
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 7 Lake Street

DateEvent & SourcePriceAppreciation
Nov 8, 2022

Sold

ECAR #904010

$2,190,000—
Nov 7, 2022

Sold (Public Record)

Public Record #1501090001

$2,190,000

+203.7% / yr

Sep 26, 2022

Pending

ECAR #904010

—
Jul 19, 2022

Listed (Active)

ECAR #904010

$2,300,000—
Sep 11, 2020

Sold (Public Record)

Public Record #679611321

$200,000

+19.4% / yr

Sep 7, 2018

Sold (Public Record)

Public Record #631117588

$140,000

+12.8% / yr

Feb 3, 2018

Expired

ECAR #768502

$125,000—
Sep 28, 2017

Sold (Public Record)

Public Record #607360218

$125,000

+35.4% / yr

Feb 3, 2017

Listed (Active)

ECAR #768502

$125,000—
Nov 1, 2016

Sold (Public Record)

Public Record #587600884

$95,000

-10.3% / yr

Aug 17, 2016

Expired

ECAR #746585

$137,000—
Feb 17, 2016

Listed (Active)

ECAR #746585

$137,000—
Nov 12, 2004

Sold (Public Record)

Public Record #147521161

$350,000

+249.4% / yr

Jul 6, 2004

Sold (Public Record)

Public Record #146224297

$225,000—
DateEvent & SourcePrice
11/08/2022

Sold

ECAR #904010

$2,190,000
11/07/2022

Sold (Public Record)

Public Record #1501090001

$2,190,000

+203.7% / yr

09/26/2022

Pending

ECAR #904010

—
07/19/2022

Listed (Active)

ECAR #904010

$2,300,000
09/11/2020

Sold (Public Record)

Public Record #679611321

$200,000

+19.4% / yr

09/07/2018

Sold (Public Record)

Public Record #631117588

$140,000

+12.8% / yr

02/03/2018

Expired

ECAR #768502

$125,000
09/28/2017

Sold (Public Record)

Public Record #607360218

$125,000

+35.4% / yr

02/03/2017

Listed (Active)

ECAR #768502

$125,000
11/01/2016

Sold (Public Record)

Public Record #587600884

$95,000

-10.3% / yr

08/17/2016

Expired

ECAR #746585

$137,000
02/17/2016

Listed (Active)

ECAR #746585

$137,000
11/12/2004

Sold (Public Record)

Public Record #147521161

$350,000

+249.4% / yr

07/06/2004

Sold (Public Record)

Public Record #146224297

$225,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7 Lake Street

Taxable ValueLand$400,000Additions$898,362Total$1,298,362
Tax Record2024$14,546 ($1,212 / month)
Home Facts
Beds7Total Finished SqFt2,902 SqFtAbove Grade Finished SqFt2,902 SqFtStories3Lot Size5,271 SqFtStyleSingle Family ResidenceYear Built2022CountyWALTONAPN32-2S-21-42050-00I-0040

Schools near 7 Lake Street

This home is within Walton.
Rating
School
Type
Grades
Distance
Van R. Butler Elementary School
Public - K to 5
Emerald Coast Middle School
Public - 6 to 8
South Walton High School
Public - 9 to 12
Seaside Neighborhood School
Charter - 5 to 12
Rating
School
Distance
Van R. Butler Elementary School
PublicK to 5

Emerald Coast Middle School
Public6 to 8

South Walton High School
Public9 to 12

Seaside Neighborhood School
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.