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$3,000,000

721 W Miracle Strip Pkwy Mary Esther, FL 32569

3 beds
4 full
5,769 sqft
2.8 acres
$520 / sqft
House

Property details

About 721 W Miracle Strip Pkwy

Tucked away on 2.75 acres along the Santa Rosa Sound, this stately waterfront estate offers an extraordinary combination of privacy, deep water access and breathtaking views of the barrier islands and the gulf. A 600-foot oak-lined driveway leads to this impressive 5,120-square-foot Old Chicago brick home, where timeless elegance meets the beauty of the Intracoastal Waterway. With 150 feet of private sandy beach and deep water frontage, this property provides unparalleled access to the water. Whether launching a kayak, paddleboard or jet ski right from your backyard or simply enjoying the serenity of the water from the verandas, this is a retreat like no other. Inside, architectural details abound. Crystal chandeliers, imported mahogany millwork, and soaring 25-ft. ceilings frame a home built for both grandeur and comfort. A wall of windows in the main living area captures stunning water views, while three fireplaces add warmth and charm. The primary suite is a private sanctuary, complete with a fireplace, balcony and an opulent dressing area. A library with a wet bar offers a quiet escape, and the kitchen is equipped with designer Sub-Zero and Thermador appliances, including warming and refrigeration drawers. Outdoor living is equally remarkable with covered porches, open patios and a separate artist studio, all set against the backdrop of sweeping waterfront vistas. The gated entrance and long paver driveway enhance the estate’s exclusivity. For those seeking a private deepwater retreat, this property offers an unparalleled lifestyle. Alternatively, its expansive acreage presents an exceptional development opportunity, with potential for multiple waterfront homesites and additional residences with water access. Whether as a grand estate or an exclusive residential enclave, this Mary Esther property is a rare and remarkable find.

Highlights

Home typeSingle Family Residence
HeatingMulti Units
StatusActive
CoolingMulti Unit(s), ENERGY STAR Qualified Equipment
Size5,769 sqft
Lot size2.79 Acres
Year built1979
Parking3 Car Garage, Boat, Circular Driveway, Guest, Courtyard Entrance, Garage Door Opener
MLS #661060
Attached garage3 spaces
WaterfrontIntracoastal Waterway, Sound, Waterfront, Beach, Pier
FireplaceTwo or More, Master Bedroom
ViewGulf, Sound, Water

Summary

  • Full Bathrooms: 4
  • Appliances: Water Heater, Wine Cooler, Microwave, Dishwasher, Disposal, Double Oven, Refrigerator, ENERGY STAR Qualified Dishwasher
  • Flooring Type: Hardwood, Marble, Carpet
  • Interior: Chair Rail, Crown Molding, High Ceilings, High Speed Internet, Recessed Lighting, Wet Bar, Central Vacuum, Bonus Room, Game Room, Media Room, Office/Study, Wine Storage Room
  • Fireplace: Two or More, Master Bedroom
  • Total Bedroom Count: 3
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: 3 Car Garage, Boat, Circular Driveway, Guest, Courtyard Entrance, Garage Door Opener
  • Waterfront: Intracoastal Waterway, Sound, Waterfront, Beach, Pier
  • View: Gulf, Sound, Water
  • Exterior: Balcony, Barbecue
  • Architectural Style: Traditional
  • Heating: Multi Units
  • Cooling: Multi Unit(s), ENERGY STAR Qualified Equipment
  • List Price: $3,000,000
  • Price/SqFt: $520
  • Annual Tax Amount: $15,265
  • Tax Year: 2023
  • Directions: East of Hurlburt; South of Miracle Strip Pkwy;
  • Year Built: 1979
  • Stories: 2
  • Living Area: 5,769 SqFt
  • Lot Size: 2.79 Acres
  • MLS Number: 661060
  • MLS Name: Pensacola MLS
  • Office Name: Scenic Sothebys International Realty
  • Office Phone: (850) 231-6052
  • Listing Agent: Suzy Mcdaniel

Copyright © 2025 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. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2025, 10:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$1,103,708$15,265
2022$1,071,561$14,913
2021$1,040,350$14,913
2020$1,025,986$14,834
2018$984,219$13,668
2017$963,976$13,589

History based on county public records data.

Nearby schools

5

Mary Esther Elementary School

Public District PK-5

1.4 mi

320 E Miracle Strip Pkwy

3

Edwins Elementary School

Public District PK-5

2.5 mi

7 Wright Pkwy SW

8

Florosa Elementary School

Public District PK-5

3.0 mi

1700 W Highway 98

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,092. The majority of Mary Esther, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

30%
<35k
51%
35k-100k
17%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

47%
Single, No Kids
9%
Single, with Kids
33%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
18%
18-34 yrs old
46%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Stein MartStein Mart
  • Sam's ClubSam's Club
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle
  • ChipotleChipotle

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • MazdaMazda

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 721 W Miracle Strip Pkwy

The listing price of 721 W Miracle Strip Pkwy property is $3,000,000.

The property 721 W Miracle Strip Pkwy is a house located in Mary Esther, Florida, 32569.

Active Listing: 721 W Miracle Strip Pkwy is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 721 W Miracle Strip Pkwy are: Mary Esther Elementary School (GreatSchools Rating 5/10), Edwins Elementary School (GreatSchools Rating 3/10), Florosa Elementary School (GreatSchools Rating 8/10), Liza Jackson Preparatory School (GreatSchools Rating 9/10), Max Bruner Junior Middle School (GreatSchools Rating 5/10), W.C. Pryor Middle School (GreatSchools Rating 5/10), Okaloosa Academy (GreatSchools Rating 1/10), Fort Walton Beach High School (GreatSchools Rating 5/10), Choctawhatchee High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $15,265 (source: MLS/based on county public records data).

The property at 721 W Miracle Strip Pkwy has 3 bedrooms and 4 bathrooms.

The property 721 W Miracle Strip Pkwy is 5,769 SqFt (source: MLS/tax record).

The year of construction for 721 W Miracle Strip Pkwy is 1979.

This home is located at 721 W Miracle Strip Pkwy in Mary Esther, FL and zip code 32569. This 5,769 square foot home, which was built in 1979, sits on a 2.79 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $3,000,000.

In June 2025 more than 1 listings in Mary Esther, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 11 were sold below. The inventory of homes for sale in Mary Esther, FL between May and June 2025 increased by 1.6%. While the average time on the market in June 2025 was 70 days, the median list price was $329,500.

From Rocket Homes Real Estate and based on county public records data.

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