About This Home

This 2-bedroom, 2-bathroom condo at 5002 S Sandestin Boulevard #6431/6433 in Miramar Beach, FL is listed for $559,000 ($464 per sqft). Built in 2006, the home offers 1,204 sqft of living space on a N/A lot.

Key Features

  • Built in 2006

Property Details

2 full
#6431/6433
2006

Amenities

ViewA/C
Listing Description

GULF VIEWS & MAXIMUM RENTAL FLEXIBILITY! This beautifully elevated 4th-floor lockout, is in southeast corner 2BR/2BA of Luau 2, that offers sweeping, views of the Emerald Coast. The spacious retreat features an expansive wrap-around balcony perfect for taking in year-round sunrise and sunsets, while the independent studio layout boasts large floor-to-ceiling coastal views.

This unique configuration maximizes your rental income by allowing you to rent the property in three distinct formats: as a full 2BR/2BA suite, a private 1BR/1BA getaway, OR a separate studio. Located in Luau II--Sandestin's premier resort oasis--guests enjoy a heated lagoon pool with a swim-under waterfall, walk-under grotto, heated spa, fitness center, and outdoor grilling patio.

Just steps from sugar-white sand beaches, this turnkey property is fully SIRS-compliant with healthy reserves, making it the ultimate addition to your investment portfolio!

Monthly Cost Estimate

$4,285/mo

20% down · 6.5% · 30 years

Principal$404
Interest$2,422
Insurance$163
HOA$1,295

Estimates only. Actual payments may vary.

Location

5002 S Sandestin Boulevard #6431/6433

Miramar Beach, FL 32550

LUAU II

Features & Amenities

Interior Features

Breakfast BarElevatorLighting RecessedLock OutOwner's ClosetWasher/Dryer Hookup

Exterior Features

BalconyBBQ Pit/Grill

Property Details

Flooring

VinylTile

Construction

Concrete Stucco

Views

Lake

Parking

CoveredGarage

Cooling

Central Air

Appliances

DishwasherDisposalDryerMicrowaveOven Self CleaningRefrigerator W/IceMkSmoke DetectorStove/Oven ElectricWasher

Questions & Answers

This 2-bedroom, 2-bathroom condo at 5002 S Sandestin Boulevard is listed at $559,000 ($464/sqft). The estimated monthly payment is $4,285 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1295/month.

Key features include: Built in 2006. Interior Features: Breakfast Bar, Elevator, Lighting Recessed. Exterior Features: Balcony, BBQ Pit/Grill.

This property is listed by Cindy R Jefcoat.

CJ

Cindy R Jefcoat

License 3605990

Agent at The Agency Sandestin

Listed by The Agency Sandestin · Broker phone: (850) 267-8100 · View on Broker Site · Broker website

MLS# 1004479· Source: Emerald Coast Association of Realtors· 152 days on PropertySimple

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.

5002 S Sandestin Boulevard #6431/6433, Miramar Beach, FL 32550

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