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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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5002 S Sandestin Boulevard Unit 6431 , Miramar Beach, FL 32550
$559,000
Est. Payment: $3,088.39/mo
2 Bed
2 Bath
1204 Sqft
Status: Active | Days on site: 104
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ESDE - E34427,E34152
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly Team, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Harrison Lilly Team
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House 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!
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Highlights

Listed by Cindy R Jefcoat , 601-624-5437 and Eric A Guilbeau , 713-203-1378 The Agency Northwest Florida Beaches , 850-267-8100. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

2006

County

Walton

Area

15 - Miramar/Sandestin Resort

 Neighborhood

Luau Ii

Listing ID

1004479

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Air Cond:Central Air
Fireplaces:
Floor:Floor Tile,Floor Vinyl
Other:
  • ▪ Additional:Breakfast Bar, Elevator, Lighting Recessed, Lock Out, Owner's Closet, Washer/Dryer Hookup

Exterior Features

Others:
  • ▪ Additional:Balcony, BBQ Pit/Grill
Sewer:Public Sewer
Parking Features:Garage,Covered,Golf Cart Covered
Principal Interest
$3,088
Taxes
$352
HOA
$0

Home Price

$559,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$111,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,088.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,088.39 $352.21 $0.00 $3,440.60
Yearly $37,060.73 $4,226.48 $0.00 $41,287.21
Total $1,111,822.01 $126,794.40 $0.00 $1,238,616.41

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Miramar Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T13:04:46.000Z

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