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About This Home

This 4-bedroom, 2-bathroom condo at 512 Magnolia Place in Miramar Beach, FL is listed for $719,000 ($460 per sqft). Built in 1976, the home offers 1,562 sqft of living space on a N/A lot.

Agent Description

Lowest-priced 4-bedroom in Sandestin and arguably the best value on the market--Sharing no walls with neighbors, fully renovated, completely rental-ready, and designed with flexible sleeping arrangements to maximize occupancy and income! Opportunities like this are rare, offering the perfect blend of immediate cash flow potential and a personal coastal escape.

Welcome to 512 Magnolia Place in the highly sought-after Sandestin Golf & Beach Resort! This beautifully updated 4-bedroom, 2-bath home delivers the ideal mix of style, comfort, and investment upside. Completely renovated from top to bottom, this home features brand-new flooring, fresh interior paint, and a fully updated kitchen and bathrooms with modern, on-trend finishes.

Every detail has been thoughtfully curated to create a clean, turnkey property ready to generate income from day one. With multiple sleeping options, this home is perfectly positioned to accommodate larger groups--helping increase nightly rates and overall rental performance.

Outside, you'll find a convenient carport and an outdoor storage shed, ideal for beach gear, bikes, and everything guests need for a seamless stay. Located just inside the entrance of Sandestin, the home offers quick and easy access in and out of the resort--an underrated feature for both owners and guests--while still enjoying all the premier amenities the community is known for. If you've been waiting for a standout opportunity in Sandestin, this is it. Schedule your showing today before it's gone.

Key Features

  • Built in 1976

Property Details

1 story
2 full
#512
1976

Amenities

A/C

Monthly Cost Estimate

$4,645/mo

20% down · 6.5% · 30 years

Principal$520
Interest$3,116
Insurance$210
HOA$800

Estimates only. Actual payments may vary.

Location

512 Magnolia Place

Miramar Beach, FL 32550

MAGNOLIA VILLAGE CONDO

Features & Amenities

Interior Features

Ceiling VaultedLighting RecessedNewly PaintedPantrySplit Bedroom

Property Details

Flooring

Tile

Construction

Siding Vinyl Trim Wood

Pool Features

Patio

Parking

CoveredGuestCarport

Heating

Central

Cooling

Central Air

Appliances

DishwasherDisposalDryerFreezerMicrowaveRange HoodRefrigeratorRefrigerator W/IceMkSmoke DetectorStove/Oven ElectricWasher

Questions & Answers

This 4-bedroom, 2-bathroom condo at 512 Magnolia Place is listed at $719,000 ($460/sqft). The estimated monthly payment is $3,916 based on 20% down at 6.5% interest.

HOA fees are $800/month.

Key features include: Built in 1976. Interior Features: Ceiling Vaulted, Lighting Recessed, Newly Painted.

This property is listed by Michael P Bell and can be reached at 6787612512 or michaelpbelljr@gmail.com.

MB

Michael P Bell

Agent at Compass

(678) 761-2512

Listed by Compass · View on Broker Site

MLS# 1000125· Source: listhub· Updated 54 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.

512 Magnolia Place, Miramar Beach, FL 32550

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