56 Payne St
Miramar Beach, FL 32550
(on 1.25 acres)
Local Information
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Description
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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from March 05, 2026
Home Highlights
Parking
No Info
Outdoor
No Info
View
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 56 Payne St
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Appliances & Utilities Utilities: Natural Gas Connected, Sewer Available |
Gas & Electric Gas: See Remarks |
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Frontage Road Frontage: County RoadRoad Surface Type: Paved |
Water & Sewer Sewer: Tap Fee Due |
Farm & Range Not Allowed to Raise Horses |
Surface & Elevation Topography: High/Dry, Level |
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Cumulative Days on Market: 4 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 302s21422900000870 |
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Price List Price: $2,447,000Price Range: $2,000,000 - $2,447,000 |
Status Change & Dates Off Market Date: Fri Jun 06 2025 |
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MLS Status: Sold |
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Direction & Address City: Miramar BeachCommunity: None |
School Information Elementary School: Local School In CountyJr High / Middle School: LOCAL SCHOOL IN COUNTYHigh School: Local School In County |
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Lot Area: 1.25 Acres |
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Mls Number: 665304 |
Last check for updates: about 2 hours ago
Listed by Bruce Baker, (850) 449-0365
RE/MAX INFINITY
Bought with: Outside Area Selling Agent, PAR Outside Area Listing Office
Source: PAR, MLS#665304

Price History for 56 Payne St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/18/2025 | $2,000,000 | Sold | PAR #665304 |
| 06/18/2025 | $2,447,000 | Pending | PAR #665304 |
| 06/06/2025 | $2,447,000 | Contingent | PAR #665304 |
| 06/02/2025 | $2,447,000 | Listed For Sale | PAR #665304 |
Market trends in Miramar Beach
Last updated May 2026
Avg. sale price
$704K
$33.33KMoM
Sale-to-List Price
96.1%
0.2%MoM
Price per sq ft
$482
$12MoM
Available listings
903
21MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,229 |
| Assessment | $1,122,608 |
Home facts updated by county records
Homeowner tools
Estimated monthly rent$5,094/mo
Homes for rent near 56 Payne St
See what comparable homes in the neighborhood are renting for.Comparable Sales for 56 Payne St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Lot/Land | $1,100,000 | 09/12/25 | - | - | ||
0.15 | Lot/Land | $180,000 | 03/04/26 | - | - | ||
0.20 | Lot/Land | $268,000 | 08/18/25 | - | - | ||
0.17 | Lot/Land | $189,000 | 03/03/26 | - | - | ||
0.18 | Lot/Land | $189,000 | 04/01/26 | - | - | ||
0.18 | Lot/Land | $189,000 | 02/27/26 | - | - | ||
0.47 | Lot/Land | $455,000 | 12/22/25 | - | - | ||
1.00 | Lot/Land | $549,000 | 06/12/26 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 56 Payne St.
What Locals Say about Miramar Beach
At least 156 Trulia users voted on each feature.
82 % Say it's dog friendly
79 % Say car is needed
78 % Say people would walk alone at night
73 % Say it's quiet
67 % Say there's holiday spirit
65 % Say it's walkable to restaurants
62 % Say parking is easy
61 % Say kids play outside
60 % Say there are sidewalks
56 % Say streets are well-lit
55 % Say yards are well-kept
51 % Say it's walkable to grocery stores
50 % Say they plan to stay for at least 5 years
40 % Say neighbors are friendly
32 % Say there's wildlife
31 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 56 Payne St
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Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
56 Payne St, Miramar Beach, FL 32550 is a lot/land. This property is not currently available for sale. 56 Payne St was last sold on Jun 18, 2025 for $2,000,000 (18% lower than the asking price of $2,447,000). The current Trulia Estimate for 56 Payne St is $1,226,100.

