219 Open Gulf Street, Miramar Beach, FL 32550
Local realty services provided by:ERA Neubauer Real Estate, Inc.
219 Open Gulf Street,Miramar Beach, FL 32550
$8,995,000
- 10 Beds
- 10 Baths
- 5,961 sq. ft.
- Single family
- Active
Listed by: arlen busenitz
Office: legacy premier agency llc.
MLS#:1000386
Source:FL_ECAR
Price summary
- Price:$8,995,000
- Price per sq. ft.:$1,508.98
About this home
Rare find and cash-flowing investment opportunity with this beachfront home. Beachfront Bliss is one of the finest income-producing properties on the Emerald Coast.
$608,000 in gross rental income in 2025 and over $614,000 gross revenue on the books for 2026 with more weeks to book.
Built in 2018, this exceptional property has 10 bedrooms, 8 full bathrooms, 2 half bathrooms, and nearly 6,000 square feet of living space with panoramic views designed to comfortably accommodate large groups.
Beachfront Bliss is a bespoke treasure gracing the coveted Miramar Beach shoreline along the Emerald Coast. FIRST FLOOR AND POOL AREA
You'll be mesmerized as you walk through the grand entry doors and effortlessly flow into the sprawling main-level gathering room filled with a plethora of seating for entertainment and dining, along with a newly remodeled kitchenette and gaming area.
Being bathed in sunlight with floor-to-ceiling sliding glass doors that optimize a visual masterpiece of the gulf, you'll enjoy the beauty of the beach while relaxing in this open-concept haven. With two large primary bedrooms and spacious en suite bathrooms, an additional half bath, a bunk room, laundry, and an elevator, this floor really does have it all!
SECOND FLOOR
A custom chef's kitchen complete with professional-grade appliances and an oversized marble island set the stage for culinary dreams. With unobstructed views of the gorgeous water and cotton-candy sunsets, you have the perfect backdrop for gathering with friends and family.
This space feels massive with 20-foot ceilings and windows draping every wall. It expands to a lofty outdoor balcony with an industrial built-in grill, dining, and an additional lounging area ideal for breathing in the healing salt air and stunning views. This floor also offers a large pantry, fireplace and bar in the main living room, a half bath, a primary bedroom with en suite bathroom and balcony, and a large bunk room that sleeps 8 with an en suite bathroom.
THIRD FLOOR
The third floor is filled with posh private suites that provide personal sanctuaries for guests and friends. The main hall leads to a bunk room (sleeps 8) with en suite bathroom and two more bedrooms with en suite bathrooms.
A large laundry room with washer and dryer and built-in cabinetry, along with a bar, line the walls of the hall leading to the extravagant oceanfront master suites. These two majestic bedrooms and en suite master baths encapsulate an unparalleled experience marrying lavish design with tranquility.
This home was richly designed with opulence, comfort, and functionality at the forefront. Beachfront Bliss is a rare opportunity for a beloved legacy property in the heart of Miramar Beach.
POOL & PRIVATE BEACH ACCESS
With a continuation of beachfront luxury, the outdoor pool area is perfectly designed for entertaining, boasting an infinity spa and large heated pool, both complete with custom lighting. Whether you want to bask in the rays of the sun or take refuge for a few hours in the shade, this backyard oasis has room for everyone! The crowning jewel, of course, is your own private beach access that makes every beach day a breeze.
INVESTOR INFO
~Turnkey Opportunity: Destin Dreamers is managing and can seamlessly transfer management.
~Unique and Rare: Few beachfronts with these rental numbers become available, and beachfronts are in high demand and tight supply.
~2025 Rental Numbers: $608,348
~2026 Booked Reservations (with more to come): $614,286. The owner can count on rental income from day one. Multiple 2027 reservations on the books.
~Comparable: Empty beachfront lots in this area are listed at $7 million. For a little more, you can own a 10 bedroom rental property on the same water producing income from the start.
~Appreciation: Miramar Beach beachfront appreciates on four compounding factors: scarcity, rental performance, market momentum, and irreplaceability. It already outperforms 30A on yield-to-price -- with meaningful upside still ahead.
**All information including dimensions should be confirmed by the buyer. Managed by Destin Dreamers and can seamlessly continue with bookings and management....
Contact an agent
Home facts
- Year built:2018
- Listing ID #:1000386
- Added:1 day(s) ago
- Updated:April 10, 2026 at 11:38 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:10
- Full bathrooms:8
- Half bathrooms:2
- Rooms Total:13
- Kitchen Description:Cooktop, Dishwasher, Disposal, Freezer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Stove/Oven Gas
- Living area:5,961 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:2018
- Building area:5,961 sq. ft.
- Lot area:0.4 Acres
- Lot Features:Cleared, Dead End, Level
- Architectural Style:Mediterranean
- Exterior Features:BBQ Pit/Grill, Balcony, Fenced Area, Hot Tub, Lawn Pump, Shower, Sprinkler System, Summer Kitchen
- Foundation Description:Foundation On Piling
Schools
- High school:South Walton
- Middle school:Emerald Coast
- Elementary school:Van R Butler
Utilities
- Water:Public Water, Tap Fee Paid
Finances and disclosures
- Price:$8,995,000
- Price per sq. ft.:$1,508.98
- Tax amount:$60,997 (2025)
Features and amenities
- Appliances:Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Stove/Oven Gas, Washer
- Laundry features:Dryer, Washer
- Amenities:Breakfast Bar, Elevator, Kitchen Island, Pantry, Wet Bar
Parking
- Garage:Yes
- Garage spaces:2
New listings near 219 Open Gulf Street
- New
$3,450,000Active4 beds 4 baths2,747 sq. ft.219 Scenic Gulf Drive #1620, Miramar Beach, FL 32550
MLS# 1000365Listed by: COMPASS - New
$968,500Active4 beds 3 baths2,732 sq. ft.138 Azure Place, Miramar Beach, FL 32550
MLS# 1000363Listed by: RE/MAX BY THE SEA - New
$750,000Active2 beds 2 baths1,401 sq. ft.397 Linkside Drive, Miramar Beach, FL 32550
MLS# 1000330Listed by: THE AGENCY NORTHWEST FLORIDA BEACHES - New
$390,000Active2 beds 2 baths1,110 sq. ft.166 Golden Pond Circle #UNIT 95E, Miramar Beach, FL 32550
MLS# 1000323Listed by: KELLER WILLIAMS REALTY DESTIN - New
$339,000Active1 beds 1 baths650 sq. ft.60 Sandprints Drive #UNIT D11, Miramar Beach, FL 32550
MLS# 1000095Listed by: REALJOY REALTY LLC - Open Sat, 12 to 2pm
$943,900Active3 beds 2 baths1,978 sq. ft.8836 St Andrews Drive, Miramar Beach, FL 32550
MLS# 999177Listed by: COMPASS - New
$685,000Active2 beds 2 baths1,112 sq. ft.19 Players Club #19, Miramar Beach, FL 32550
MLS# 1000252Listed by: ROCK-IT REAL ESTATE - Open Sat, 11:15am to 1:30pmNew
$980,000Active4 beds 3 baths2,149 sq. ft.563 Shore Drive, Miramar Beach, FL 32550
MLS# 1000256Listed by: WATERSOUND REAL ESTATE - New
$399,000Active1 beds 1 baths881 sq. ft.2316 Crystal Cove Lane #606, Miramar Beach, FL 32550
MLS# 1000236Listed by: CHRISTIES INTERNATIONAL REAL ESTATE EMERALD COAST - New
$728,000Active2 beds 2 baths1,161 sq. ft.122 Seascape Drive #UNIT 2403, Miramar Beach, FL 32550
MLS# 1000215Listed by: EXP REALTY LLC