512 Magnolia Place 512, Miramar Beach, FL 32550
$699,000
Property Type:
Residential
Bedrooms:
4
Baths:
2
Square Footage:
1,562
Status:
Active
Current Price:
$699,000
List Date:
4/08/2026
Last Modified:
6/02/2026
Description
Price cut--Wow! This is the opportunity buyers wait for. The lowest-priced 3-bedroom home with an optional 4th bedroom in all of Sandestin, offering unmatched value in one of the most coveted resort communities on the Emerald Coast. Fully renovated, rental-ready, and sharing no walls with neighbors, this home delivers the rare combination of privacy, style, and income potential that investors and second-home seekers crave.
Welcome to 512 Magnolia Place, a beautifully reimagined retreat in the prestigious Sandestin Golf & Beach Resort. This thoughtfully updated 3-bedroom, 2-bath home--complete with a stunning sunroom that easily converts into a 4th bedroom--offers the perfect blend of comfort, versatility, and financial upside.
Every inch of this home has been refreshed. Enjoy brand-new flooring, fresh designer paint, and a fully renovated kitchen and bathrooms featuring modern, on-trend finishes that feel straight out of a magazine. The result is a crisp, turnkey property ready to impress guests and generate income from day one. With flexible sleeping arrangements--including the optional 4th bedroom--this home is primed to host larger groups, boosting nightly rates and maximizing rental performance.
Step outside to find a convenient carport and dedicated outdoor storage, ideal for bikes, beach gear, and everything needed for effortless coastal living. Positioned just inside the resort entrance, the location offers incredibly quick access in and out--an underrated advantage
Supplements: for both owners and guests--while still granting full enjoyment of Sandestin's world-class amenities. If you've been searching for a standout opportunity in Sandestin, this is the one that checks every box. Don't wait--homes like this disappear fast. Schedule your showing today before it's gone.
More Information MLS# 1000125
General Property Info
userdefined76: 3
Sub-Type: Condominium
Design: N/A
SqFt Source: Agent-Measured
Stories In Unit: 1
# of Units in Bldg: 1
Stories in Building: 1
Unit Floors Above Ground: 1
Immediate Occupancy: Yes
Pre-Const Flip: No
Garage: No
Carport: Yes
Carport Spaces: 1
Driveway Spaces: 2
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 1562
Bedrooms: 4
Full Baths: 2
Total Bathrooms: 2
Year Built: 1976
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 447.5
List Date: 2026-04-08
Current Price: $699,000
List Price: $699,000
Location, Tax and Legal
Unit #: 512
Sub Area: 1503 - Sandestin Resort
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
Legal Description: Unit 512 Magnolia Village Condo In Sandestin & 1/12 Int In Commone Elements Or 106-17 Or 1984-63 Or 2454-765 Or 2456-1844 Or 2640-1498 Or 2645-1078 Or 2878-1420 Or 2919-1568 Or 3171-676 Or 3361-1179
Listing Info, Tax & Legal
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 800
Annual Assessment Amount: 9600
Assessment Paid: Monthly
New Buyer Fee: Yes
New Buyer Fee Amt: 0.5
New Buyer Fee Paid: %
Last Taxes: 2833.62
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Price cut--Wow! This is the opportunity buyers wait for. The lowest-priced 3-bedroom home with an optional 4th bedroom in all of Sandestin, offering unmatched value in one of the most coveted resort communities on the Emerald Coast. Fully renovated, rental-ready, and sharing no walls with neighbors, this home delivers the rare combination of privacy, style, and income potential that investors and second-home seekers crave.
Welcome to 512 Magnolia Place, a beautifully reimagined retreat in the prestigious Sandestin Golf & Beach Resort. This thoughtfully updated 3-bedroom, 2-bath home--complete with a stunning sunroom that easily converts into a 4th bedroom--offers the perfect blend of comfort, versatility, and financial upside.
Every inch of this home has been refreshed. Enjoy brand-new flooring, fresh designer paint, and a fully renovated kitchen and bathrooms featuring modern, on-trend finishes that feel straight out of a magazine. The result is a crisp, turnkey property ready to impress guests and generate income from day one. With flexible sleeping arrangements--including the optional 4th bedroom--this home is primed to host larger groups, boosting nightly rates and maximizing rental performance.
Step outside to find a convenient carport and dedicated outdoor storage, ideal for bikes, beach gear, and everything needed for effortless coastal living. Positioned just inside the resort entrance, the location offers incredibly quick access in and out--an underrated advantage
Construction Status
Construction Complete: 1
Parking Features
Carport: 1
Carport Attached: 1
Covered: 1
Golf Cart Covered: 1
Guest: 1
Project Facilities
BBQ Pit/Grill: 1
Beach: 1
Deed Access: 1
Dumpster: 1
Fishing: 1
Gated Community: 1
Golf: 1
Laundry: 1
Marina: 1
Pets Allowed: 1
Pickle Ball: 1
Picnic Area: 1
Playground: 1
Pool: 1
Short Term Rental - Allowed: 1
Tennis: 1
TV Cable: 1
Construction/Siding
Roof Composite Shngl: 1
Siding Vinyl: 1
Slab: 1
Trim Wood: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Exterior
Patio Open: 1
Renovated: 1
Interior
Ceiling Vaulted: 1
Floor Tile: 1
Furnished - Some: 1
Lighting Recessed: 1
Newly Painted: 1
Pantry: 1
Renovated: 1
Split Bedroom: 1
Window Treatment All: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Microwave: 1
Range Hood: 1
Refrigerator: 1
Refrigerator W/IceMk: 1
Smoke Detector: 1
Stove/Oven Electric: 1
Washer: 1
Energy
AC - Central Elect: 1
Heat Cntrl Electric: 1
Master Bedroom
First: 1
Bedroom
First: 1
Kitchen
First: 1
Living Room
First: 1
Rooms
Bedroom: 1
Dining Area: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Fees Include
Accounting: 1
Ground Keeping: 1
Insurance: 1
Management: 1
Master Association: 1
Security: 1
Trash: 1
TV Cable: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 512
Street Name: Magnolia
Street Suffix: Place
State: FL
Zip Code: 32550
County: Walton
Project Name/Subdivision: MAGNOLIA VILLAGE CONDO
Parcel ID: 27-2S-21-42040-000-5120
Property Features
Construction Status: Construction Complete
Parking Features: Carport; Carport Attached; Covered; Golf Cart Covered; Guest
Project Facilities: BBQ Pit/Grill; Beach; Deed Access; Dumpster; Fishing; Gated Community; Golf; Laundry; Marina; Pets Allowed; Pickle Ball; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable
Exterior: Patio Open; Renovated
Interior: Ceiling Vaulted; Floor Tile; Furnished - Some; Lighting Recessed; Newly Painted; Pantry; Renovated; Split Bedroom; Window Treatment All
Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Range Hood; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer
Utilities: Electric; Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; Heat Cntrl Electric
Master Bedroom: First
Bedroom: First
Kitchen: First
Living Room: First
Rooms: Bedroom; Dining Area; Kitchen; Living Room; Master Bedroom
Fees Include: Accounting; Ground Keeping; Insurance; Management; Master Association; Security; Trash; TV Cable
Room Information
Master Bedroom
Level: First
Dimensions: 12 x 15
Length: 12.00
Width: 15.00
Dimensions: 12 x 15
Bedroom
Level: First
Dimensions: 12 x 15
Length: 12.00
Width: 15.00
Dimensions: 12 x 15
Bedroom
Level: First
Dimensions: 11 x 14
Length: 11.00
Width: 14.00
Dimensions: 11 x 14
Bedroom
Level: First
Dimensions: 8 x 12
Length: 8.00
Width: 12.00
Dimensions: 8 x 12
Living Room
Level: First
Dimensions: 20 x 12
Length: 20.00
Width: 12.00
Dimensions: 20 x 12
Kitchen
Level: First
Dimensions: 10 x 7
Length: 10.00
Width: 7.00
Dimensions: 10 x 7
Dining Area
Level: First
Dimensions: 16 x 10
Length: 16.00
Width: 10.00
Dimensions: 16 x 10
Listing Office:
Compass
Listing Agent:
Michael P Bell
Last Updated: June - 02 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
