Shipwatch Homes for Sale

Living in Shipwatch

Shipwatch's 29 numbered lots are platted as Phase I in Plat Book 8, page 46, and Walton County files them, together with three common-area parcels, under parcel numbers beginning 33-2S-21-42600; one of those common parcels is drawn in two separate pieces. The 2026 state roll shows a single-family house on 28 of the lots, addressed in Miramar Beach 32550 along Shipwatch Lane, Port Court, Starboard Court and Lake Court, and codes lot 12 on Starboard Court as vacant. Build years on that roll run from 1991 to 2025, and recorded living area from 2,333 to 6,910 square feet.

None of the lots reaches the Gulf. On the federal hydrography layer, the one Shipwatch parcel that meets the water is a common-area tract of about 1.7 acres whose legal description starts at the southwest corner of lot 10, and every lot outline ends short of the shoreline. Lots 1 to 10, the southernmost row on Port Court and Starboard Court, are each cut by the state's coastal construction control line for Walton County, dated 2009 in the state's own layer, with that common tract lying wholly on its Gulf side. No parcel record says which lot owners may cross or use that tract; any such right would rest on recorded instruments that were not opened for this page.

FEMA's National Flood Hazard Layer reads differently from lot to lot. Each of lots 1 to 10 holds some Zone VE ground at a base flood elevation of 11 feet, from under 2 percent of lot 5 to nearly 40 percent of lots 2 and 9. Zone AE at 10 feet reaches lot 1 and lots 22, 23, 28 and 29, and unnumbered Zone A covers roughly a tenth to a quarter of lots 11 through 14. Eleven lots carry no special flood hazard area, and the common tract on the Gulf is Zone VE throughout, at 11 to 15 feet.