Miramar Beach · Condo Building
Mainsail Condos for Sale
A Miramar Beach condominium at 114 Mainsail Drive recording 199 residences in five separately numbered phases beside 21 platted cottage lots, with the shore parcel held by the owners association rather than by any residence.
199
Total Units
Yes
Gulf Front
Year built, floor and unit figures are as published by the sources cited at the foot of this page. Confirm them against the association's own documents during diligence.
About Mainsail
Walton County's roll files 221 parcels at 114 Mainsail Drive and they are not one product. Five recorded phases carry 199 residences, distributed 60, 10, 32, 32 and 65 across identifier series that run consecutively, so the phases differ in size by more than six to one. Beside them sit 21 lots platted as The Cottages at Mainsail and assessed as single family houses, plus one parcel held by the owners association whose legal description reads as a pool area. Age divides on the same line. Twenty cottage lots return an actual year built of 1992 and one returns 1990, while the identical query returns nothing at all for any of the 199 condominium parcels, so a build year is published here for the houses and withheld for the residences. Flood mapping cuts the property a third way, and the property runs about 1,620 feet from its inland boundary to the last assessed ground at the water. Found by intersecting each parcel outline with the flood zone outlines, rather than by sampling a point inside each parcel, 32 of the 199 residential parcels carry coastal high hazard ground: at a base flood elevation of 12 feet on all 32 and of 11 feet as well on three. None of the 21 cottage lots carries any. The zone boundary runs across many of those 32 rather than around them, so a single parcel can hold ground in two categories at once, and this page publishes no split of the 32 into wholly inside and partly inside, because that split depends on how finely the ground is measured while the 32 does not depend on it at all. The rest of the property divides between areas of minimal hazard and the 0.2 percent annual chance band, and that second band is not confined to the water end: it reaches well inland across both the residential parcels and the cottage lots, so a parcel away from the shore is not automatically minimal hazard throughout. What the map places in a zone is platted ground, not a structure, and the elevation certificate for an individual building is the only document that answers for the building. The frontage belongs to the association's pool parcel, which reaches the last assessed ground across this property's own width with individually owned lots in two other platted subdivisions flanking it east and west. The nearest residence parcel stops about 215 feet short of that edge.
HOA & Fees
The first question at this address is which document governs the residence in front of you, because five phases were recorded separately and the platted cottage lots sit outside the condominium form altogether. The association also holds the shore parcel in its own name, so upkeep of that ground and the terms on which owners and guests may use it are association matters rather than deeded rights. A required study of structural reserves fixes what a budget here has to carry, and since the end of 2024 the members cannot vote those particular reserves to some other purpose. Get the phase declaration, this year's budget, the reserve study, the insurance summary, and a written account of how the pool parcel is funded and who may use it.
Rental Policy
Nothing here is lettable without the county's vacation rental registration in force for that specific property, and the county registers the property rather than the address as a whole. Five separately recorded phases stand behind one driveway, which means the document answering whether a residence may be rented is the declaration for its own phase, and two residences a few hundred feet apart can land differently. A cottage lot answers to its own recorded restrictions instead, so the same street number produces two different diligence trails. Guest use of the shore parcel is a further question again, since the association holds that ground in its own name. Get the phase declaration, the current rules and the registration status in writing before advertising a single night.
- Five separately recorded condominium phases
- Twenty-one platted cottage lots at the same street number
- Pool parcel holding the frontage in the association's name
- Phases ranging from ten residences to sixty-five
- Residences and cottage lots assessed as different classes
- About 1,620 feet from the inland boundary to the water
Live Inventory
Active Listings at Mainsail

$699,000
114 Mainsail Drive Unit 322
Miramar Beach, FL 32550

$1,175,000
114 Mainsail Drive Unit 257
Miramar Beach, FL 32550

$549,900
114 Mainsail Drive Unit 383
Miramar Beach, FL 32550

$630,000
114 Mainsail Drive Unit 373
Miramar Beach, FL 32550

$599,000
114 Mainsail DR Unit 324
Miramar Beach, FL 32550

$1,299,900
114 Mainsail Drive Unit 221
Miramar Beach, FL 32550

$689,000
114 Mainsail Drive Unit 138
Miramar Beach, FL 32550

$623,900
114 Mainsail Drive Unit 273
Miramar Beach, FL 32550

$489,000
114 Mainsail Drive Unit 453
Miramar Beach, FL 32550

$1,295,000
114 MAINSAIL DR Drive Unit 151
Miramar Beach, FL 32550

$925,000
114 Mainsail Drive Unit 182
Miramar Beach, FL 32550

$995,000
114 Mainsail Drive Unit 157
Miramar Beach, FL 32550
The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.
Showing 12 of 17 active listings at Mainsail. See every active listing at Mainsail
Building Answers
Mainsail FAQ
Why does Mainsail publish a build year for its cottages but not its residences?
Because one query over this address answers for one class and not the other. Twenty of the platted cottage lots come back with an actual year built of 1992 and one with 1990, while all 199 condominium parcels come back with nothing in that field. A blank alongside real values in the same result is a gap in the record rather than a failed lookup, so the houses get a year and the residences get none instead of a figure borrowed from somewhere unverifiable.
How is Mainsail split up on the county roll?
Into 221 parcels of three kinds. Five recorded phases hold 199 residences in groups of 60, 10, 32, 32 and 65; 21 lots platted as The Cottages at Mainsail are assessed as single family houses; and one parcel described in its legal as a pool area is held by the owners association. Which of the three a listing belongs to determines its governing documents, its obligations and its diligence file.
Does a Mainsail residence own frontage on the water?
No residence parcel does. The parcel that reaches the last assessed ground across this property's width is the association's pool parcel, and the nearest residence stops about 215 feet north of it. On either side of that parcel the frontage belongs to individually owned lots in two other platted subdivisions. So beach use here comes from the association's documents, not from a deed.
Sources
- Florida Department of Revenue statewide cadastral: parcels at 114 Mainsail Drive (accessed August 21, 2026)
- Florida Department of Revenue statewide cadastral: ownership of the shore band below the property (accessed August 21, 2026)
- Florida Department of Revenue statewide cadastral: parcel outlines for the Mainsail parcel number series (accessed August 23, 2026)
- FEMA National Flood Hazard Layer: flood zone polygons over the Mainsail parcels (accessed August 23, 2026)
- Walton County planning service, Municipalities layer: jurisdiction at this address (accessed August 21, 2026)
- Section 718.112, Florida Statutes: budgets and the structural integrity reserve study (accessed August 21, 2026)
- Office of Short-Term Vacation Rental Registration, Walton County (accessed August 21, 2026)
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