5002 S Sandestin Blvd Unit # 6821/23, Miramar Beach, FL 32550

$520,000
2
BD
2
BA
1,204
SqFt

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Sold Price
$520,000
List Price
$562,500
Closing Date
Dec 20, 2023
Days on Market
65
MLS#
934629
Status
CLOSED
Type
Condo
Subtype
Condominium
Bedrooms
2
Bathrooms
2
Full Bathrooms
2
Living Area
1,204
Neighborhood
1503 - Sandestin Resort

Property Description

REO, Welcome to your slice of paradise in the heart of Sandestin, where luxurious coastal living meets income-generating potential. This 8th th floor lock-off unit offers breathtaking resort views, making it the perfect choice for discerning second-home seekers and savvy investors. Property Highlights: Versatility: This spacious condo boasts the unique flexibility of a lock-off design. You can utilize it as a Studio and a separate 1-bedroom condo, or merge them into a generous 2-bedroom, 2-bathroom retreat, offering a total of 1204 square feet of living space. Prime Location: Nestled on the beachside of Sandestin, you're only a short 3-minute stroll away from the pristine, sugar-white sands of the Gulf. Relax and rejuvenate under the Florida sun as you revel in the proximity .... to the beach, just steps from the pool. Coastline Views: The 8th-floor corner unit provides unparalleled views of the coastline, including Four Mile Village and Tops'l. Sip your morning coffee while taking in the breathtaking sunrise, setting the tone for your day in paradise. Income Potential: This property offers multiple income opportunities. You can rent it as a 2-bedroom unit or split it into a 1-bedroom and a studio, catering to various guest preferences and maximizing your return on investment. Similar condominiums bring in close to $60,000 per year as a Vacation rental. Resort Amenities: Luau condo owners enjoy an array of resort-style amenities. Relax by the tropical pool with a swim-through waterfall, a kiddie pool, and a hot tub. The seasonal tiki bar adds a touch of vacation vibes. Gather for BBQs in the picnic area, access the fitness center, and store your personal items in an owner's storage cage. Covered garage and deck parking ensure convenience for you and your guests. Rooftop Delight: Marvel at stunning year-round views, including breathtaking sunsets, from the rooftop observation deck - an ideal spot for unwinding after a day of exploring Sandestin. Sandestin Lifestyle: Your new home is within the exclusive gates of Sandestin Golf and Beach Resort. Enjoy access to four pristine golf courses, tennis and pickleball courts, a full-service marina, and endless opportunities for outdoor recreation. Village of Baytowne Wharf: On the bayside of the resort, discover the Village of Baytowne Wharf, a vibrant pedestrian village with an array of shopping, dining, family entertainment, and a bustling nightlife scene. Don't miss out on the chance to own a piece of Sandestin's paradise that offers a lifestyle of luxury and endless income potential. Whether you're seeking a second home for yourself or a smart investment opportunity, this lock-off condo is the perfect choice. Embrace the Sandestin way of life today!

Additional Information

Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Electric Water Heater
Elementary School
Van R Butler
Exterior Features
Balcony
High School
South Walton
Interior Features
Breakfast Area, Washer Hookup
Legal Description
UNIT 6821/6823 LUAU CONDO PH II OR 2721-1832 OR 2724- 2011 OR 2724-3834
Middle School
Emerald Coast
Neighborhood
1503 - Sandestin Resort
Parking Features
Garage
Community Features
BBQ Pit/Grill, Beach Access, Boat Launch, Dock, Elevator, Exercise Room, Fishing, Gated, Golf, Marina, Pavillion/Gazebo, Picnic Area, Playground, Pool, Cable TV, Tennis Court(s), Spa/Hot Tub, Pickleball
Subdivision
Luau Ii
Utilities
Electricity Available, Cable Available
View
Gulf
Year Built
2006

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Listing courtesy of LPT Realty LLC. Selling Office: .

Vendor Member Number : 28166