501 Magnolia PL #501 Miramar Beach, FL 32550
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,640 sqft
Price per Sqft $442
Subdivision Magnolia Village Condo
MLS Listing ID 1002984
Bedrooms 4
Full Baths 3
HOA Y/N Yes
Year Built 1976
Annual Tax Amount $4,278
Tax Year 2025
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 1640
Property Description
What sets this property apart is its turnkey investment readiness. Offered fully equipped for short-term rentals including a golf cart, it allows for immediate income generation with minimal downtime. Sandestin's established reputation as a premier destination--combined with walkable and golf cart access to the beach, Baytowne Wharf, marina, Jolee Island, Grand Boulevard Shopping Center, Silver Sands Factroy Outlets, dining, entertainment, and minutes to 30a--ensures year-round rental appeal and diversified seasonal income streams.
With limited inventory of true 4-bedroom offerings in this price segment, the property benefits from a competitive advantage in both nightly rates and occupancy. The combination of location, size, and resort amenities positions it as a compelling asset for investors seeking both lifestyle enjoyment and consistent revenue performance. Whether you're expanding a rental portfolio or securing a second home that works for you while you're away, this is a strategic acquisition in one of the Emerald Coast's most established and resilient vacation markets.
Location
State FL
County Walton
Community Dock, Exercise Room, Gated Community, Golf, Pets Allowed, Picnic Area, Pool, Tv Cable
Area 15 - Miramar/Sandestin Resort
Direction Take Hwy 98 to Sandestin Golf & Beach Resort. Turn into North entrance. Take round about to the left and it will be the first left. Unit 501 is far left when you pull in.
Rooms
Primary Bedroom Level Upper
Master Bedroom true
Kitchen true
Interior
Interior Features Washer/Dryer Hookup
Heating Central
Cooling Ceiling Fans, Central Air
Flooring Floor Vinyl
Furnishings Furnished - None
Appliance Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Washer, Water Heater - Elect
Exterior
Exterior Feature Balcony, Open Patio, Balcony
Pool Pool Type
Community Features Dock, Exercise Room, Gated Community, Golf, Pets Allowed, Picnic Area, Pool, TV Cable
Utilities Available Electric, Public Water
Roof Type Composite Shingle
Porch Patio Open
Garage No
Building
Faces Take Hwy 98 to Sandestin Golf & Beach Resort. Turn into North entrance. Take round about to the left and it will be the first left. Unit 501 is far left when you pull in.
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Van R Butler
Middle Schools Emerald Coast
High Schools South Walton
Others
Pets Allowed No
HOA Fee Include Insurance,Master Association,Recreational Faclty,Security,Water,Trash
Tax ID 27-2S-21-42040-000-5010
NEARBY SCHOOL & BUSINESS
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