501 Magnolia Place 501, Miramar Beach, FL

$699,000

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4

Beds

3

Baths

1,640

Square feet

Description of 501 Magnolia Place 501

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.

Legal Description

UNIT 501 MAGNOLIA VILLAGE CONDO IN SANDESTIN & 1/12 INT IN COMMON ELEMENT OR 2300-1484 OR 3215-435

Features of 501 Magnolia Place 501

MLS® # 1002984
Price $699,000
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 1,640
Year Built 1976
Type Condominium
Sub-Type Condominium
Style N/A
Status Active

Community Information

Address 501 Magnolia Place 501
Area 15 - Miramar/Sandestin Resort
Subdivision MAGNOLIA VILLAGE CONDO
City Miramar Beach
County Walton
State FL
Zip Code 32550

Amenities

Utilities Electric, Public Sewer, Public Water

Interior

Interior Features Washer/Dryer Hookup
Appliances Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Heating Central
Cooling Central Air, Ceiling Fan(s)

Exterior

Exterior Features Balcony
Roof Composite Shngl
Construction Block, Siding Vinyl

School Information

Elementary Van R Butler
Middle Emerald Coast
High South Walton

Listing Details

OfficeCompass

Price History for MLS #1002984

Date Details Change
Price Reduced from $725,000 to $699,000 $26,000 (3.59%)

For more information call

(850) 325-0004

Listing Map

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