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Harrison Lilly

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

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512 Magnolia Pl Unit 512 , Miramar Beach, FL 32550
$699,000
Est. Payment: $3,545.20/mo
4 Bed
2 Bath
1562 Sqft
Status: active | Days on site: 113
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House 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 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.

Highlights

Listed by Michael P Bell , 678-761-2512 Compass , 850-296-9769. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

1976

County

Walton

Area

15 - Miramar/Sandestin Resort

Neighborhood

Magnolia Village Condo

Listing ID

1000125

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Air Cond:Central Air
Fireplaces:
Floor:Floor Tile
Other:
  • Additional:Ceiling Vaulted, Lighting Recessed, Newly Painted, Pantry, Split Bedroom

Exterior Features

Others:
  • Additional:Patio Open
Sewer:Public Sewer
Parking Features:Carport,Carport Attached,Covered,Golf Cart Covered,Guest
Principal Interest
$3,545
Taxes
$236
HOA
$0

Home Price

$699,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$139,800
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:
$3,545.20

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,545.20 $236.14 $0.00 $3,781.33
Yearly $42,542.35 $2,833.62 $0.00 $45,375.97
Total $1,276,270.60 $85,008.60 $0.00 $1,361,279.20

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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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: 2026-08-20T06:32:47.000Z

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