Schedule Tour
$699,000

512 Magnolia Pl

Miramar Beach, FL
Pending
4
Bedrooms
2
Bathrooms
1,562
Square Feet
1976
Year Built
180
Days On Market

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.

Listing Information

Listing Updated
5 days ago
Listed By
Michael P Bell · Compass
MLS#
1000125
Source
Emerald Coast Association of REALTORS
Status
Pending

Facts & Features

Location

Community Information

Address
512 Magnolia Pl #512, Miramar Beach, FL 32550
City
Miramar Beach
County
Walton
Neighborhood
MAGNOLIA VILLAGE CONDO
Zip Code
32550

Architecture

Bedrooms
4
Bathrooms
2
Stories
1
Year Built
1976
Style
N/A
Construction Materials
Vinyl Siding
Building Area
1,562 sq. ft.
Foundation
Slab
Roof
Composition, Shingle
Levels
One
Garage Spaces
0
Parking Features
Golf Cart Garage, Covered, Carport, Guest, Attached Carport

Features & Amenities

Interior Features
Vaulted Ceiling(s), Pantry, Recessed Lighting
Appliances
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Disposal, Freezer, Range Hood, Electric Oven
Flooring
Tile
Patio and Porch
Patio
Community Features
Gated, Golf, Pool, Playground, Tennis Court(s), Fishing
Cooling
Central Air, Electric
Heating
Electric, Central

Property Features

Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available

Square Footage

Total
1,562 sq. ft.

Tax & Financial Information

List Price
$699,000
Annual Taxes
$2,833
Association Fee
$800 (paid Monthly)
Fee Includes
Trash, Maintenance Grounds, Insurance, Cable TV, Security

Schools

48/100
Van R. Butler Elementary School
Elementary · Grades KG–05 · 4.4 mi
City
Santa Rosa Beach
Students
914
Parent reviews
1.0★ avg · 2 reviews
Student body
68% White · 20% Hispanic / Latino · 5% Two or More Races
Free/reduced lunch
28%
Phone
(850) 622-5040
74/100
Gateway Academy
All Grades · Grades PK–08 · 1.3 mi · Private
City
Miramar Beach
Students
401
Student–teacher
9.8
Phone
(850) 654-9095
51/100
South Walton Academy
All Grades · Grades PK–12 · 1.6 mi · Private
City
Santa Rosa Beach
Students
114
Student body
83% White · 9% Black · 9% Hispanic / Latino
Phone
(850) 213-4595

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
04/08/2026Listed for sale$699,000

Listed by Michael P Bell · Compass


IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

Let's work together

Start Your Real Estate Journey

Whether you have questions about this listing, want to schedule a showing, or just want to talk through your options, Alene Civil is here to help. Reach out and expect a response within one business day.

How can I help?

Alene Civil is here to help. Reach out and expect a response within one business day.

Lending calculator

Make A Plan For Your Purchase

Know what you can afford before you start shopping — then run the numbers on any home you have in mind.

How much house can I afford?

$500,000
You can afford
$0
Monthly payment
  • Principal & interest
  • Property taxes
  • Homeowner's insurance
  • HOA dues

Enter your income, debts, and down payment to see how much home you may qualify for. Estimates only — not a lending decision.

Want to know more?

Keisha is here to help. Reach out and expect a response within one business day.

Mortgage pre-approval

Your Next Chapter Starts With Just A Few Steps

Before you fall in love with a home, know what you can afford. Fill out a quick pre-approval so you're ready to make your move — on your timeline.

Keisha
Durand
Keisha
LO NMLS: #972729

Pre-approval made easy

We're here to help you find the best option, not to help the best option find you. Trust that your information will not be shared with many different lenders like so many platforms do.