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501 Magnolia Place 501, Miramar Beach, FL 32550

Miramar Beach, FL 32550
  • 4 Beds
  • 3 Baths
  • 1,640 Sq Ft
  • 1976 Built
  • MLS 1002984

About this home

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 details

Property typeCondominium
StatusActive
Area15 - Miramar/Sandestin Resort
SubdivisionMAGNOLIA VILLAGE CONDO
CityMiramar Beach
CountyWalton
Zip32550
StyleN/A
Taxes$4,279
Tax year2025
HOAYes

Interior

Total rooms6
Full baths3
Half baths0
AppliancesDishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
CoolingCentral Air, Ceiling Fan(s)
HeatingCentral
FlooringVinyl
Interior featuresWasher/Dryer Hookup
FurnishedUnfurnished

Exterior & lot

RoofComposite Shngl
Exterior featuresBalcony

Schools

ElementaryVan R Butler
MiddleEmerald Coast
HighSouth Walton

Community

Community featuresDock, Exercise Room, Gated, Golf, Picnic Area, Pool, TV Cable, Pets Allowed
DirectionsTake Hwy 98 to Sandestin Golf & Beach Resort. Turn into North entrance. Take round about to the left and it will be the first left. Unit 501 is far left when you pull in.

Data source: Emerald Coast Association of REALTORS®

Location

This home Private community access Regional access / state park Public neighborhood access

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