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$725,000 Just Listed
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Property Description
Introducing a rare opportunity to own a high-performing coastal retreat within the gates of Sandestin Golf & Beach Resort-where elevated design, resort lifestyle, and proven short-term rental potential align. Located in the highly sought-after Magnolia Village, this 4 bedroom unit is ideally positioned to capture strong vacation rental demand thanks to its spacious layout, prime resort access, and proximity to the Gulf of America. Designed to comfortably accommodate larger groups-a key driver of rental revenue-the home features multiple guest suites, an open-concept living area, and seamless indoor-outdoor flow that today's travelers prioritize. The interiors are bright and inviting, with a well-appointed kitchen, generous gathering spaces, and thoughtfully designed sleeping arrangements that maximize occupancy and guest satisfaction. Outdoors, a private patio overlooking the Links Golf Course provides a serene, resort-style setting that enhances guest experience and repeat bookings. What sets this property apart is its turnkey investment readiness. Offered fully equipped for short-term rentals including a golf cart, it allows for immediate income generation with minimal downtime. Sandestin's established reputation as a premier destination--combined with walkable and golf cart access to the beach, Baytowne Wharf, marina, Jolee Island, Grand Boulevard Shopping Center, Silver Sands Factroy Outlets, dining, entertainment, and minutes to 30a--ensures year-round rental appeal and diversified seasonal income streams. With limited inventory of true 4-bedroom offerings in this price segment, the property benefits from a competitive advantage in both nightly rates and occupancy. The combination of location, size, and resort amenities positions it as a compelling asset for investors seeking both lifestyle enjoyment and consistent revenue performance. Whether you're expanding a rental portfolio or securing a second home that works for you while you're away, this is a strategic acquisition in one of the Emerald Coast's most established and resilient vacation markets.
Full Property Details
Full Property Details for 501 Magnolia Pl #501
General
- Price: $725,000
- Taxes: $4,278 (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 1002984
- Updated: Today (5/13/2026)
- Added to Site: Today
Rental Information
- Complex Features: Dock, Exercise Room, Gated Community, Golf, Pets Allowed, Picnic Area, Pool, TV Cable
Interior
- Number of Rooms: 6
- Interior Features: Washer/Dryer Hookup
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Washer, Water Heater - Elect
- Furnishings: Furnished - None
- Flooring: Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Patio Open
Location
- Area: 15 - Miramar/Sandestin Resort
- County: Walton
- Subdivision: MAGNOLIA VILLAGE CONDO
- Driving Directions: Take Hwy 98 to Sandestin Golf & Beach Resort. Turn into North entrance. Take round about to the left and it will be the first left. Unit 501 is far left when you pull in.
School Information
- Elementary School: Van R Butler
- Middle School: Emerald Coast
- High School: South Walton
Community
- Association: Yes
- Assoc. Fees Include: Insurance, Master Association, Recreational Faclty, Security, Water, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water
Structural Information
- Construction: Block, Siding Vinyl
- Exterior Const.: Block, Siding Vinyl
- Square Feet: 1,640
- Sq. Ft. Source: County PA Records
- Year Built: 1976
Financial Considerations
- Assessment Amount: $2,892
- Tax Amount: $4,278.85
- Tax Year: 2025
Disclosures and Reports
- Legal Description: UNIT 501 MAGNOLIA VILLAGE CONDO IN SANDESTIN & 1/12 INT IN COMMON ELEMENT OR 2300-1484 OR 3215-435
- APN: 27-2S-21-42040-000-5010
- Property ID: 27-2S-21-42040-000-5010
Listed by Compass
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Schools
Schools serving 501 Magnolia Pl #501
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Van R. Butler Elementary School 6694 West County Highway 30A, Santa Rosa Beach, FL 32459 | K-5 | 4.4 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 13.1 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 Magnolia Pl #501
Date
Details
Price
Change
Source
5/13/2026
Listed
$725,000
35.01%
MLS
9/02/2021
Sold
$537,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 501 Magnolia Pl #501
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,326
1%
$473,550
—
2023
$4,303
74%
$473,550
75%
2021
$2,468
-38%
$270,600
-37%
2022
$3,990
62%
$430,500
97%
2021
$2,468
16%
$217,989
2%
2019
$2,122
2%
$213,708
2%
2018
$2,089
4%
$209,510
3%
2017
$2,016
156%
$203,409
76%
2016
$789
-1%
$115,860
1%
2015
$795
—
$115,055
1%
2014
$798
1%
$114,142
2%
2013
$789
—
$112,455
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 Magnolia Pl #501
501 Magnolia Place #501, Miramar Beach, FL 32550 (MLS# 1002984) is a Condo property with 4 bedrooms and 3 full bathrooms. 501 Magnolia Place #501 is currently listed for $725,000 and was received on May 13, 2026. Want to learn more about 501 Magnolia Place #501? Do you have questions about finding other Condo real estate for sale in Miramar Beach? You can browse all Miramar Beach real estate or contact a Coldwell Banker agent to request more information.

