Miramar Beach 1st Homes for Sale

Miramar Beach 1st Homes for Sale

Welcome to Miramar Beach 1st, a charming subdivision nestled in the heart of Panama City Beach, Florida! This picturesque community offers a perfect blend of coastal living and suburban tranquility, making it an ideal place for families, retirees, and anyone looking to embrace the enchanting lifestyle of the Emerald Coast.

Miramar Beach 1st is known for its friendly atmosphere and scenic surroundings. With its beautifully landscaped streets and well-maintained homes, this subdivision exudes a welcoming charm that draws residents and visitors alike. The area boasts a variety of architectural styles, ensuring that you'll find a home that suits your taste and lifestyle. Whether you're seeking a cozy beach cottage or a spacious family home, Miramar Beach 1st has something for everyone.

One of the standout features of this community is its proximity to the stunning beaches of Panama City Beach. Just a stone's throw away, you can enjoy miles of soft, white sands and crystal-clear waters, perfect for sunbathing, swimming, or engaging in water sports. Additionally, the area is home to an array of recreational activities, including parks, golf courses, and charming local shops and restaurants, ensuring that there's never a dull moment.

Currently, there are homes for sale in Miramar Beach 1st, presenting an exciting opportunity for those looking to invest in this vibrant community. With its appealing location, friendly neighbors, and a wealth of amenities, Miramar Beach 1st is more than just a place to live; it’s a lifestyle waiting to be embraced. Don’t miss your chance to make this delightful subdivision your new home!

Newest Miramar Beach 1st Homes for Sale

$799,900
3 Beds 2 Baths 791996 MLS
ATTENTION 1031 EXCHANGE BUYERS, INVESTORS, DEVELOPERS, & DESIGN ENTHUSIASTS: This is not just a beach lot--it is an active, cash-flowing asset with massive structural equity and huge development upside. Located less than 400 feet from the sand in Panama City Beach proper (Miramar Heights) with protected, elevated Gulf views, this rare 0.24-acre double lot offers an immediate return on investment alongside future development flexibility. THE CASH FLOW & INVESTMENT: • Turnkey Revenue: Proven 4-year rental history averaging $3,425/month in gross income. • Immediate Income: Current reliable tenants are already in place, making this an ideal, seamless vehicle for 1031 exchange placement from day one. • The Layout: Set up as a highly functional, income-producing configuration featuring a 2BR/1BA main home plus a completely separate, private-entrance studio apartment with its own kitchen and full bath. THE ARCHITECTURAL VALUE: Forget cookie-cutter beach builds. The existing structure is a rare, mid-century modernist jewel built in the classic California Eichler style. It features stunning original terrazzo floors, striking tongue-and-groove cathedral wood ceilings, and timeless stucco construction. A preservationist's dream beach retreat or a luxury hybrid rental space with unparalleled character. THE DEVELOPER / ASSEMBLAGE OPPORTUNITY: Zoned R-1c and situated entirely in a preferred Flood Zone X (no flood insurance required by Lender!). Because the structure sits on an oversized double lot, there is an opportunity to be subdivided into two premium buildable lots with Gulf views. Crucially, this property is surrounded on all sides by vacant lots, creating a rare and highly lucrative potential assemblage play for an investor looking to capture a massive, continuous footprint on the quiet west end of PCB. Whether you choose to collect the steady $3,400+/month check, restore a mid-century modernist masterpiece with a resort-style pool yard, or leverage the surrounding vacant parcels for a major development play, the ceiling on this property is incredibly high. Sold as-is. Do not disturb tenants. Buyers to verify all dimensions and zoning specs.

253 Deermont Street, Panama City Beach

Listing courtesy of Think Real Estate.

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