501 Magnolia Place 501

Miramar Beach, FL 32550

501 Magnolia Place 501

$725,000

MLS#: 1002984

Status: Active

Listing provided by: Compass

Listing agent phone: None

Last update: a month ago 2026-06-05

On site: 2 months ago 2026-05-13

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About

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.

Property

Beds

Full Baths

1/2 Baths

None

Year Built

1976

Sq.Footage

1,640

Features

Features & Amenities

Interior

Total Bedrooms

4
Bathrooms

3
Cooling YN

YES
Cooling

Central Air, Ceiling Fan(s), Electric
Heating YN

YES
Heating

Central, Electric
Pet friendly

Yes

Exterior

Garage

No
Construction Materials

Block, Vinyl Siding
Other Exterior Features

Balcony
Patio and Porch Features

Patio
Pool

Yes
Pool Features

Community

Area & Lot

Property Type

Residential
Property Sub Type

Condominium
Architectural Style

N/A

Price

Sales Price

$725,000
Tax Amount

$4,278.85
Sq. Footage

1,640
Price/SqFt

$442

HOA

Association

YES
Association Fee

$2,892.1
Association Fee Frequency

Quarterly
Association Fee Includes

N/A

School District

Elementary School

Van R Butler
Middle School

Emerald Coast
High School

South Walton

Property Features

New Construction

NO
Sewer

Public Sewer
Water Source

Public

Schedule

Schedule a Showing

Showing scheduled successfully.

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Location

County

Walton
Elementary School

Van R Butler
Middle School

Emerald Coast
High School

South Walton

Listing Courtesy of Crystal L Watkins , Compass

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501 Magnolia Place 501

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501 Magnolia Place 501