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501 Magnolia Place, Unit 501, Miramar Beach, FL 32550

$725,000
  • 501 Magnolia Place, Unit 501, Miramar Beach, FL 32550 Main Photo

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New to the Market Active
BEDS4 BATHS3 full SQUARE FEET1,640 MLS#1002984
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONMAGNOLIA VILLAGE CONDO NEIGHBORHOOD15 - Miramar-Sandestin Resort

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.

501 Magnolia Place, Unit 501 | MLS# 1002984

This condo located at 501 Magnolia Place, Unit 501, Miramar Beach, FL 32550 is currently listed for sale with an asking price of $725,000. This property was built in 1976 and has 4 bedrooms and 3 full baths with 1640 sq. ft. Magnolia Place, Unit 501 is located in the MAGNOLIA VILLAGE CONDO subdivision. Search MAGNOLIA VILLAGE CONDO real estate on online.fusion2b.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Ceiling Fans, Central Air
Heating: Central
Home Style: N/A
Taxes: $4,278
Year Built: 1976

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Washer, Water Heater - Elect
Association Fee Includes: Insurance, Master Association, Recreational Faclty, Security, Water, Trash
Community Features: Dock, Exercise Room, Gated Community, Golf, Pets Allowed, Picnic Area, Pool, TV Cable
Days on Site: 5
Exterior: Balcony
Exterior: Block, Siding Vinyl
Financing Terms: Conventional
Flooring: Floor Vinyl
HOA: Yes
Interior: Washer/Dryer Hookup
Parcel Number: 27-2S-21-42040-000-5010
Patio/Porch: Patio Open
Pool Features: Pool Type
Property Condition: Construction Complete
Rooms Total: 6
Sewer: Public Sewer
Sub Type: Condominium
Utilities: Electric, Public Water

Local Schools

High School: South Walton
Middle School: Emerald Coast
Elementary School: Van R Butler

Listed By / Shown By

Listed By

Agency Name: Compass

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Emerald Coast MLS

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Estimated Payment

$ 2,181.49 per month $1,613.54 Principal & Interest $356.50 Property Tax $211.46 Homeowner's Insurance

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