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About This Home

This 3-bedroom, 3-bathroom condo at 122 Stewart Lake Cove in Miramar Beach, FL is listed for $627,999 ($406 per sqft). Built in 1985, the home offers 1,546 sqft of living space on a N/A lot.

Agent Description

Wake up to lake and Gulf views from your private balcony in the heart of Seascape Resort. Located at 122 Stewart Lake Cove #278, this well-positioned condo offers the beach lifestyle buyers come to Destin for--just a short stroll to sugar-white sand, restaurants, golf, tennis, and resort amenities.

Overlooking Stewart Lake with Gulf views beyond, this property delivers the rare combination of scenery, convenience, and strong vacation rental performance. Generating approximately $60,000-$65,000 in annual rental income, it's an opportunity for investors, second-home buyers, or anyone looking for a property that works while they're away.

Whether you're watching the sunset, heading to the beach, or maximizing rental potential, this is coastal living and investment value in one of the area's most sought-after locations. Over $35,000 In reservations on the books for 2026. MOTIVATED SELLER!

Price adjustment to $627,999, on this turn-key, lakefront 3BR/3BA townhome in Seascape Resort. Proven $60K-$68K+ gross rental income annually with 2026 already pacing +18%. Identical unit next door sold $675K in July. Delivered fully furnished & rental-ready - future bookings, financials & mgmt transfer at closing.

Direct Stewart Lake views, steps to 2,000 ft of deeded beach, pools, golf, tennis & Whale's Tail. Rare 3 full baths, ground-floor BR, sleeps 8-10 easily. Low $1017/mo HOA covers nearly everything. Best priced, highest-producing lakefront 3/3 in Seascape today.

Seller says SELL - bring offers! Take a quick, easy walk to enjoy your deeded beach access, a provision exclusive for Seascape residents. Indulge in endless afternoons under the sun, against a backdrop of serene- Gulf views that are only steps away. Residing here means having the power to enrich your every day with an invigorating and opulent coast

al lifestyle.The Seascape Resort is a well-established community known for its generous amenities and vibrant social scene. Engage in a friendly match on the Tennis or Pickle Ball courts, challenge your friends at a round of golf, or simply let loose at one of the lively resort concerts.

Your options for leisure or recreation are boundless. Situated close to the beach, this condo guarantees seaside living at its finest - where every day feels like a vacation. Don't miss the chance to own a piece of this charming paradise. Get in touch today to schedule a showing, and see for yourself the promise of unrivaled luxury and leisure that this Condo holds.

Key Features

  • Built in 1985
  • 2 stories

Property Details

2 stories
3 full
#278
1985

Amenities

HardwoodA/C

Monthly Cost Estimate

$4,457/mo

20% down · 6.5% · 30 years

Principal$454
Interest$2,721
Insurance$183
HOA$1,098

Estimates only. Actual payments may vary.

Location

122 Stewart Lake Cove

Miramar Beach, FL 32550

SEASCAPE CONDO PH 7

Features & Amenities

Interior Features

Ceiling VaultedKitchen IslandOwner's ClosetWasher/Dryer Hookup

Exterior Features

Balcony

Property Details

Flooring

Hardwood

Pool Features

Patio

Cooling

Central Air

Appliances

CooktopDishwasherDryerMicrowaveRefrigeratorStove/Oven ElectricWasher

Questions & Answers

This 3-bedroom, 3-bathroom condo at 122 Stewart Lake Cove is listed at $627,999 ($406/sqft). The estimated monthly payment is $3,819 based on 20% down at 6.5% interest.

HOA fees are $1098/month.

Key features include: Built in 1985, 2 stories. Interior Features: Ceiling Vaulted, Kitchen Island, Owner's Closet. Exterior Features: Balcony.

This property is listed by Scott Martineau and can be reached at 8504207200 or scott@themartineaugroup.com.

SM

Scott Martineau

Agent at RE/MAX Coastal Properties

(850) 420-7200

Listed by RE/MAX Coastal Properties · View on Broker Site

MLS# 973196· Source: listhub· Updated 420 days ago

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

122 Stewart Lake Cove, Miramar Beach, FL 32550

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