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$719,000
512 Magnolia Place 512
Miramar Beach, FL 32550
MLS# 1000125
4 beds  |  2 baths  |  1562 sqft


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Property Description
Lowest-priced 4-bedroom in Sandestin and arguably the best value on the market--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.

Details
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 460.31
List Date: 2026-04-08
Current Price: $719,000
List Price: $719,000
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
General Property Info
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
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: Lowest-priced 4-bedroom in Sandestin and arguably the best value on the market--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.
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
Supplements
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.
Room Information
Room Name Level Dimensions Length Width
Living RoomFirst20 x 1220.0012.00
BedroomFirst12 x 1512.0015.00
Master BedroomFirst12 x 1512.0015.00
KitchenFirst10 x 710.007.00
Dining AreaFirst16 x 1016.0010.00
BedroomFirst8 x 128.0012.00
BedroomFirst11 x 1411.0014.00

Listing Office: Compass

Last Updated: April - 14 - 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.


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