501 Magnolia Place 501, Miramar Beach, FL, 32550

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$725,000
New Listing

501 Magnolia Place 501
Miramar Beach, FL 32550

For Sale|Condominium|Active
4
Beds
3
Total Baths
3
Full Baths
1,640
SqFt
$442
/SqFt
1976
Built
Subdivision:
MAGNOLIA VILLAGE CONDO
County:
Walton
Listing courtesy of Crystal L Watkins of Compass

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

501 Magnolia Place 501501 Magnolia Place 501501 Magnolia Place 501501 Magnolia Place 501
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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.

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Listing Snapshot
Price 
$725,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
1,640 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1976
MLS® Number 
1002984
Status 
Active
Property Tax 
$4,278.85
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
14 hours agoListing first seen on site
14 hours agoListing updated with changes from the MLS®
General Features
Levels 
Two
Pets 
Yes
Property Sub Type 
Condominium
Sewer 
Public Sewer
SqFt Total 
1640
Style 
N/A
Utilities 
Electricity Available
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalDryerMicrowaveRefrigeratorWasherElectric Water HeaterSelf Cleaning Oven
Cooling 
Central AirCeiling Fan(s)Electric
Flooring 
Vinyl
Furnished 
Unfurnished
Heating 
CentralElectric
Bedroom 
Dimensions - 12 x 12Level - Second
Kitchen 
Dimensions - 12 x 10Level - First
Living Room 
Dimensions - 15 x 12Level - First
Master Bedroom 
Dimensions - 17 x 12Level - Second
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Exterior Features
Construction Details 
BlockVinyl Siding
Exterior 
Balcony
Patio And Porch 
Patio
Pool Features 
Community
Roof 
CompositionShingle
Community Features
Community Features 
GatedGolfPool
MLS Area 
15 - Miramar/Sandestin Resort
Schools
School District
Unknown
Elementary School
Van R Butler
Middle School
Emerald Coast
High School
South Walton
Listing courtesy of Crystal L Watkins of Compass



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Emerald Coast Association of Realtors MLS.
Last checked: 2026-05-14 11:11 AM UTC

Neighborhood & Commute
Source: Walkscore
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