501 Magnolia Place 501, Miramar Beach, FL 32550 (MLS# 1002984)

501 Magnolia Place 501, Miramar Beach, FL 32550

$699,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,640 Status: Active
Current Price: $699,000 List Date: 5/13/2026 Last Modified: 10/07/2026

Overview

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

Supplements: 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 fo ...

Listing Details MLS# 1002984

Contract Info

List Price/SqFt
426.22
Listing Board
Emerald Coast

Location Tax and Legal

Area
15 - Miramar/Sandestin Resort
Street #
501
Street Name
Magnolia
Street Suffix
Place
State
FL
Zip Code
32550
County
Walton
Project Name/Subdivision
MAGNOLIA VILLAGE CONDO
Parcel ID
27-2S-21-42040-000-5010

General Property Info

Sub-Type
Condominium
Design
N/A
Apx SqFt(Htd/Cooled)
1640
SqFt Source
County PA Records
Full Baths
3
Total Bathrooms
3
Stories In Unit
2
Unit Floors Above Ground
Yes
Year Built
1976
Immediate Occupancy
Yes
Pre-Const Flip
No
Garage
No
Carport
No
Assigned Spaces
2
Pool
Yes
Pool Type
Community

More Information

Property Features

Construction Status: Construction Complete Project Facilities: Dock; Exercise Room; Gated Community; Golf; Pets Allowed; Picnic Area; Pool; TV Cable Exterior: Balcony; Patio Open Interior: Floor Vinyl; Furnished - None; Washer/Dryer Hookup Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Refrigerator; Washer Utilities: Electric; Public Sewer; Public Water Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: Second Bedroom: First; Second Kitchen: First Living Room: First Rooms: Bedroom; Kitchen; Living Room; Master Bedroom Financing: Conventional Fees Include: Insurance; Master Association; Recreational Faclty; Security; Trash; Water Existing Leases: 1 - 3 Years

Room Information

Room Name Level Dimensions Length Width
Living Room First 15 x 12 15.00 12.00
Kitchen First 12 x 10 12.00 10.00
Master Bedroom Second 17 x 12 17.00 12.00
Bedroom First 12 x 12 12.00 12.00
Bedroom Second 12 x 12 12.00 12.00
Bedroom Second 12 x 12 12.00 12.00
Listing Office: Compass
Last Updated: October - 07 - 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.