501 Magnolia Place #501, Miramar Beach, FL 32550
Local realty services provided by:ERA American Real Estate
501 Magnolia Place #501,Miramar Beach, FL 32550
$699,000
- 4 Beds
- 3 Baths
- 1,640 sq. ft.
- Condominium
- Active
Upcoming open houses
- Tue, Oct 0604:00 pm - 07:00 pm
Listed by: crystal l watkins
Office: compass
MLS#:1002984
Source:FL_ECAR
Price summary
- Price:$699,000
- Price per sq. ft.:$426.22
About this home
Introducing a rare opportunity to own a high-performing coastal retreat within the gates of Sandestin Golf & Beach Resort-where elevated design, resort lifestyle, and proven short-term rental potential align. Located in the highly sought-after Magnolia Village, this 4 bedroom unit is ideally positioned to capture strong vacation rental demand thanks to its spacious layout, prime resort access, and proximity to the Gulf of America. Designed to comfortably accommodate larger groups-a key driver of rental revenue-the home features multiple guest suites, an open-concept living area, and seamless indoor-outdoor flow that today's travelers prioritize. The interiors are bright and inviting, with a well-appointed kitchen, generous gathering spaces, and thoughtfully designed sleeping arrangements that maximize occupancy and guest satisfaction. Outdoors, a private patio overlooking the Links Golf Course provides a serene, resort-style setting that enhances guest experience and repeat bookings.
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....
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Home facts
- Year built:1976
- Subdivision & Development:MAGNOLIA VILLAGE CONDO
- Listing ID #:1002984
- Added:144 day(s) ago
- Updated:October 05, 2026 at 03:10 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:6
- Kitchen Description:Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator
- Living area:1,640 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:1976
- Building area:1,640 sq. ft.
- Exterior Features:Balcony
Schools
- High school:South Walton
- Middle school:Emerald Coast
- Elementary school:Van R Butler
Utilities
- Water:Public Water
Finances and disclosures
- Price:$699,000
- Price per sq. ft.:$426.22
- Tax amount:$4,279 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Washer
- Laundry features:Dryer, Washer
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