5002 S Sandestin Boulevard 6431/6433, Miramar Beach, FL 32550

$559,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,204 Status: Active

Current Price: $559,000 List Date: 6/02/2026 Last Modified: 10/13/2026

Overview

Description

GULF VIEWS & MAXIMUM RENTAL FLEXIBILITY! This beautifully elevated 4th-floor lockout, is in southeast corner 2BR/2BA of Luau 2, that offers sweeping, views of the Emerald Coast. The spacious retreat features an expansive wrap-around balcony perfect for taking in year-round sunrise and sunsets, while the independent studio layout boasts large floor-to-ceiling coastal views. This unique configuration maximizes your rental income by allowing you to rent the property in three distinct formats: as a full 2BR/2BA suite, a private 1BR/1BA getaway, OR a separate studio. Located in Luau II--Sandestin's premier resort oasis--guests enjoy a heated lagoon pool with a swim-under waterfall, walk-under grotto, heated spa, fitness center, and outdoor grilling patio. Just steps from sugar-white sand beaches, this turnkey property is fully SIRS-compliant with healthy reserves, making it the ultimate addition to your investment portfolio!

Listing Details MLS# 1004479

Contract Info

List Price/SqFt: 464.29
Listing Board: Emerald Coast

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort
Street #: 5002
Street Direction: S
Street Name: Sandestin
Street Suffix: Boulevard
State: FL
Zip Code: 32550
County: Walton
Project Name/Subdivision: LUAU II
Parcel ID: 35-2S-21-42600-000-6431

General Property Info

Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 1204
SqFt Source: County PA Records
Full Baths: 2
Total Bathrooms: 2
Stories In Unit: Yes
# of Units in Bldg: 240
Stories in Building: 12
Unit Floors Above Ground: 4
Year Built: 2006
Immediate Occupancy: No
Garage: Yes
Carport: Yes
Pool: Yes
Pool Type: Community

More Information

Property Features

Construction Status: Under Construction Waterview: Bay; Gulf; Lake Parking Features: Covered; Garage; Golf Cart Covered Project Facilities: BBQ Pit/Grill; Beach; Community Room; Dumpster; Elevators; Exercise Room; Fishing; Gated Community; Golf; Laundry; Marina; Pickle Ball; Picnic Area; Playground; Pool; Separate Storage; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront; Whirlpool Exterior: Balcony; BBQ Pit/Grill; Pool - Heated Interior: Breakfast Bar; Elevator; Floor Tile; Floor Vinyl; Furnished - All; Lighting Recessed; Lock Out; Owner's Closet; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Microwave; Oven Self Cleaning; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect Master Bedroom: First Living Room: First Rooms: Living Room; Master Bathroom; Master Bedroom; Studio Fees Include: Accounting; Ground Keeping; Insurance; Internet Service; Legal; Licenses/Permits; Management; Master Association; Recreational Faclty; Repairs/Maintenance; Security; Trash; TV Cable; Water

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	14 x 14	14.00	14.00
Master Bedroom	First	14 x 13	14.00	13.00
Master Bathroom	First	12 x 7	12.00	7.00
Studio	First	43 x 13	43.00	13.00

Documents

Floor Plan ›

Sandestin Advantage Rental ›

SPD ›

Flood ›

CTO ›

Listing Office: The Agency Northwest Florida Beaches

Last Updated: October - 13 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.