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512 Magnolia Place 512, Miramar Beach, FL 32550 (MLS# 1000125)

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
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