# 293 Sunset Bay #29B, Miramar Beach, FL 32550 > **TL;DR:** 2bd/2ba condo, $389,900 ($351/sqft), built 1978, 1,110 sqft. > A/C. Est. $4,332/mo. Listed 570 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $389,900 | | Price/sqft | $351 | | Bedrooms | 2 | | Bathrooms | 2 full | | Square Feet | 1,110 | | Year Built | 1978 | | Stories | 2 | | Property Type | Condo (Condominium) | | Status | Active | | Days on Market | 570 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,972 | | Estimated Insurance | $114 | | HOA | $2,246 | | **Total** | **$4,332** | ## Nearby Schools - **Elementary:** Van R Butler - **Middle:** Emerald Coast - **High:** South Walton ## Key Amenities - A/C ## Property Highlights - Built in 1978 - 2 stories ## Description ### Agent Description Priced to move fast in one of Seascape Resort's most walkable garden villa locations, this ground-floor 2-bedroom, 2-bath condo puts you steps from the pool, a short stroll to the beach, and below recent comparable sales for this exact floorplan in the resort. With no stairs to climb, it is an easy, convenient layout for owners and renters alike. At 1,110 square feet, the open living and dining area leads to a private, covered patio overlooking the golf course, quiet, shaded, and ideal for morning coffee or an evening unwind after a day at the beach. The primary bathroom was fully renovated with all-new plumbing, fixtures, and finishes, giving peace of mind on one of the areas that matters most in coastal ownership. The kitchen was previously updated with modern cabinetry and appliances, and the unit comes fully furnished and ready to use as a second home, primary residence, or income-producing rental. Documented owner net rental income has ranged from $32,995 to $42,920 over the past three years, details available upon request. Seascape Resort is a gated community offering five resort-style pools, eight tennis courts, pickleball courts, a golf course, and deeded private beach access, plus the on-site Whale's Tail restaurant, Seascape Towne Centre shopping and dining, and the amphitheater, home to the popular Moon Crush concert series. One of the most competitively priced 2BR/2BA units of this size in Seascape. Motivated seller, bring your offer. Property Snapshot " 2 Bed / 2 Bath, 1,110 sq ft, ground floor, no stairs " Fully furnished, turnkey " Private covered patio, golf course view " Primary bath: full renovation, all-new plumbing and finishes " Kitchen: previously updated cabinetry, countertops, appliances " HOA: quarterly assessment, includes water, trash, cable, internet, ground keeping, master association, security, sewer, legal " Short-term rentals permitted Market Position " List price is below the $373-397/sqft range recently achieved by comparable updated twin-floorplan units in Seascape " Comparable sold units for reference: 159 Sunset Bay #23A -- sold $435,000 (Dec 2025) " 283 Sunset Bay #28C -- sold $415,000 (Mar 2026) " 764 Seascape #16D -- sold $412,000 (Nov 2025, 12 days on market) Financial Notes -- Verified (Source: Seller-Provided Cost to Own Sheet + Seller Interview) " Documented owner net rental income: $42,920 (2022), $32,995 (2023), $34,232 (2024). Three-year average: ~$36,700/year. Data predates the 2025-2026 season; request an updated statement from the rental program for the most current figures. " Seller confirms these net figures are already after sales/bed tax remittance (~20% of gross). Estimated gross rental revenue: ~$41,000-$54,000/year, averaging ~$45,900/year across the three years. " Self-management caveat: the seller books and manages the rental themselves -- no third-party management commission has been deducted from the net figures above. A buyer who intends to self-manage can reasonably expect similar economics. A buyer who plans to hire a property manager should underwrite a further reduction for that management fee, since this seller simply didn't pay one. " Documented annual carrying costs: Seascape Master Association $943.77/quarter + COA Phase 3 $1,394.23/quarter ($9,352/year combined), property taxes $3,055.42/year (2024), electricity ~$1,800/year. Total operating expenses: $14,207.42/year. " Bottom line for underwriting, confirmed directly with the seller: net rental income does not yet have HOA dues, property taxes, or electricity deducted -- the owner pays those separately out of pocket after collecting rental income. True owner profit nets the two figures against each other: average ~$22,500/year, or ~5.8% unlevered yield on the current $389,900 ask. This is a confirmed number, not an inference -- safe to use directly with a buyer's agent. " Seller is motivated and open to a fast, clean closing timeline " Buyer's agent commission: 2.5% co-op, confirmed Buyer Persona -- Who Th ## Location - **Address:** 293 Sunset Bay #29B, Miramar Beach, FL 32550 - **County:** Walton - **Neighborhood:** SEASCAPE CONDO GARDEN VILLA - **Coordinates:** 30.382389, -86.371289 - **Google Maps:** https://www.google.com/maps?q=30.382389,-86.371289 ## Virtual Tour & Media - **Video Tour:** https://my.matterport.com/show/?m=iyuvwWn5aME&play=1&qs=0&nt=1&help=2&brand=0&mls=1& ## Listing Agent - **Name:** Scott Martineau · **License:** 3260680 - **Brokerage:** RE/MAX Coastal Properties - **Phone:** 8504207200 - **Broker Phone:** (850) 837-9900 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/293-Sunset-Bay-Unit-29B_Miramar-Beach_FL_32550_M62931-40590?f=listhub&s=ECARMLSFL&m=969085&c=propsimple) ## Photos ![293 Sunset Bay #29B - Photo 1](http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f2235375565r.jpg) ![293 Sunset Bay #29B - 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Photo 52](http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f1722853263r.jpg) ![293 Sunset Bay #29B - Photo 53](http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f1960695329r.jpg) ![293 Sunset Bay #29B - Photo 54](http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f3107942802r.jpg) ![293 Sunset Bay #29B - Photo 55](http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f4048921911r.jpg) ![293 Sunset Bay #29B - Photo 56](http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f3392288164r.jpg) ![293 Sunset Bay #29B - Photo 57](http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f2039714504r.jpg) ![293 Sunset Bay #29B - Photo 58](http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f753011106r.jpg) ![293 Sunset Bay #29B - Photo 59](http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f3439614923r.jpg) ![293 Sunset Bay #29B - Photo 60](http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f359583524r.jpg) ![293 Sunset Bay #29B - Photo 61](http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f1637155237r.jpg) ![293 Sunset Bay #29B - Photo 62](http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f229444165r.jpg) --- **MLS#:** 969085 | **Updated:** 2026-08-22 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/293-sunset-bay-miramar-beach-fl-32550-l969085) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/293-sunset-bay-miramar-beach-fl-32550-l969085#listing", "url": "https://www.propertysimple.ai/listing/293-sunset-bay-miramar-beach-fl-32550-l969085", "name": "293 Sunset Bay #29B, Miramar Beach, FL 32550", "description": "Priced to move fast in one of Seascape Resort's most walkable garden villa locations, this ground-floor 2-bedroom, 2-bath condo puts you steps from the pool, a short stroll to the beach, and below recent comparable sales for this exact floorplan in the resort. With no stairs to climb, it is an easy, convenient layout for owners and renters alike. At 1,110 square feet, the open living and dining area leads to a private, covered patio overlooking the golf course, quiet, shaded, and ideal for morning coffee or an evening unwind after a day at the beach. The primary bathroom was fully renovated with all-new plumbing, fixtures, and finishes, giving peace of mind on one of the areas that matters most in coastal ownership. The kitchen was previously updated with modern cabinetry and appliances, and the unit comes fully furnished and ready to use as a second home, primary residence, or income-producing rental. Documented owner net rental income has ranged from $32,995 to $42,920 over the past three years, details available upon request. Seascape Resort is a gated community offering five resort-style pools, eight tennis courts, pickleball courts, a golf course, and deeded private beach access, plus the on-site Whale's Tail restaurant, Seascape Towne Centre shopping and dining, and the amphitheater, home to the popular Moon Crush concert series. One of the most competitively priced 2BR/2BA units of this size in Seascape. Motivated seller, bring your offer. Property Snapshot \" 2 Bed / 2 Bath, 1,110 sq ft, ground floor, no stairs \" Fully furnished, turnkey \" Private covered patio, golf course view \" Primary bath: full renovation, all-new plumbing and finishes \" Kitchen: previously updated cabinetry, countertops, appliances \" HOA: quarterly assessment, includes water, trash, cable, internet, ground keeping, master association, security, sewer, legal \" Short-term rentals permitted Market Position \" List price is below the $373-397/sqft range recently achieved by comparable updated twin-floorplan units in Seascape \" Comparable sold units for reference: 159 Sunset Bay #23A -- sold $435,000 (Dec 2025) \" 283 Sunset Bay #28C -- sold $415,000 (Mar 2026) \" 764 Seascape #16D -- sold $412,000 (Nov 2025, 12 days on market) Financial Notes -- Verified (Source: Seller-Provided Cost to Own Sheet + Seller Interview) \" Documented owner net rental income: $42,920 (2022), $32,995 (2023), $34,232 (2024). Three-year average: ~$36,700/year. Data predates the 2025-2026 season; request an updated statement from the rental program for the most current figures. \" Seller confirms these net figures are already after sales/bed tax remittance (~20% of gross). Estimated gross rental revenue: ~$41,000-$54,000/year, averaging ~$45,900/year across the three years. \" Self-management caveat: the seller books and manages the rental themselves -- no third-party management commission has been deducted from the net figures above. A buyer who intends to self-manage can reasonably expect similar economics. A buyer who plans to hire a property manager should underwrite a further reduction for that management fee, since this seller simply didn't pay one. \" Documented annual carrying costs: Seascape Master Association $943.77/quarter + COA Phase 3 $1,394.23/quarter ($9,352/year combined), property taxes $3,055.42/year (2024), electricity ~$1,800/year. Total operating expenses: $14,207.42/year. \" Bottom line for underwriting, confirmed directly with the seller: net rental income does not yet have HOA dues, property taxes, or electricity deducted -- the owner pays those separately out of pocket after collecting rental income. True owner profit nets the two figures against each other: average ~$22,500/year, or ~5.8% unlevered yield on the current $389,900 ask. This is a confirmed number, not an inference -- safe to use directly with a buyer's agent. \" Seller is motivated and open to a fast, clean closing timeline \" Buyer's agent commission: 2.5% co-op, confirmed Buyer Persona -- Who Th", "image": [ "http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f2235375565r.jpg", "http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f3487521047r.jpg", "http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f2288820854r.jpg", "http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f458686344r.jpg", "http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f423419067r.jpg", "http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f749972592r.jpg", "http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f2551776570r.jpg", "http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f2503073266r.jpg", "http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f914333430r.jpg", "http://lh.rdcpix.com/31a54058712cf741469bcf8c667d5dafl-f1539206742r.jpg", 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