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501 Magnolia Place , #501

Miramar Beach, FL 32550
  • $725,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 1002984
UPDATED: 195 min ago
$725,000
  • 4
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,640
    SQFT
  • $442
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1976
County:

School Information

Elementary School:
Middle School:
High School:

Description

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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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Somers & Company. Vendor Member number: 28178. Data last updated: 2026-07-14T00:01:21.91.
Vendor Member #28178.
www.somerscompany.com/homes/176469482
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501 Magnolia Place , #501 Miramar Beach, FL 32550

  • Price: $725,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 195 min ago
  • MLS #: 1002984
4
Beds
3
Baths
0
½ Baths
N/A
Acres
1,640
SQFT
$442
$/SQFT
1976
Built
Neighborhood:
Magnolia Village Condo
County:
Walton
Area:
Miramar/Sandestin Resort
Elementary School:
Van R Butler
Middle School:
Emerald Coast
High School:
South Walton
Property Description
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.
Exterior Features

Architectural Style N/A Assigned Spaces 2 Carport YN No Construction Materials BlockSiding Vinyl Door Features [] Exterior BalconyPatio Open Exterior Features Balcony Foundation Details [] Garage YN No Parking [] Parking Total 2 Patio And Porch Features Patio Open Pool Yes Pool Features [] Pool Type Community Roof Composite Shngl View [] Window Features []

Interior Features

Appliance Info DishwasherDisposalDryerMicrowaveOven Self CleaningRefrigeratorWasher Appliances DishwasherDisposalDryerMicrowaveRefrigeratorWasherElectric Water Heater Basement [] Bedroom Level SecondFirst Cooling Central AirCeiling Fan(s) Cooling YN Yes Fireplace Features [] Flooring Vinyl Furnished Unfurnished Heating Central Heating YN Yes Interior Floor VinylFurnished - NoneWasher/Dryer Hookup Interior Features Washer/Dryer Hookup Kitchen Level First Living Room Level First Master Bedroom Level Second Rooms BedroomMaster BedroomKitchenLiving Room Rooms Total 6 Stories In Unit 2 Unit Floors Above Ground 1

Property Features

Assessment Amount 2892.1 Assessment Paid Quarterly Association Fee Includes InsuranceRecreational FacltySecurityTrashWater Association YN Yes Buyer Financing [] Community Features DockExercise RoomGatedGolfPicnic AreaPoolTV CablePets Allowed Energy AC - Central ElectCeiling FansHeat Cntrl ElectricWater Heater - Elect Existing Leases 1 - 3 Years Fees Include InsuranceRecreational FacltySecurityTrashWaterMaster Association Fencing [] Financing Conventional Green Energy Efficient [] Immediate Occupancy Yes Is Subject Leased No Lot Features [] New Construction YN No Other Equipment [] Other Structures [] Property Condition Construction Complete Property Sub Type Condominium Road Frontage Type [] Road Surface Type [] Security Features [] Special Listing Conditions [] Tax Annual Amount 4278.85 Tax Year 2025 Utilities [] Utility Info ElectricPublic SewerPublic Water Water Source Public Waterfront Features []

Listing courtesy of Compass: 850-296-9769.



© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Somers & Company. Vendor Member number: 28178. Data last updated: 2026-07-14T00:01:21.91.
Vendor Member #28178.
 
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