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Pending
    • $1,690,000

    261 Open Gulf St, Miramar Beach, FL 32550

    6beds
    2,826sqft
    : 
    $9,877/mo
    Get pre-qualified
    Single Family Residence
    Built in 2003
    3,920 Square Feet Lot
    $-- Zestimate®
    $598/sqft
    $-- HOA

    What's special

    Spacious coastal homeComplimentary paddleboards and kayaksPrivate seasonally heated pool
    Short term rental powerhouse featuring a spacious coastal home with ocean views from every floor, direct beach access from the front door, private seasonally heated pool, and massive 22 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Less than 300 feet from direct beach access ensures high occupancy. Includes complimentary paddleboards and kayaks for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Seller will make all reasonable efforts to facilitate the transfer of future reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections are included in the documents section of this listing.
    147 days
    |
    155
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ethan D Knight 706-887-9376,

    Century 21 Wimco Realty Inc

    Source: ECAOR,MLS#: 998676MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 5
      Primary bedroom
      • Description: First floor master suite
      • Level: First
      • Area: 224 Square Feet
      • Dimensions: 14 x 16
      Primary bedroom
      • Description: 2nd floor master #3
      • Level: Second
      • Area: 168 Square Feet
      • Dimensions: 14 x 12
      Primary bedroom
      • Description: 2nd Floor master suite with private bath
      • Level: Second
      • Area: 168 Square Feet
      • Dimensions: 14 x 12
      Bedroom
      • Description: Queen guest room with private bath
      • Level: Second
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Other
      • Description: Double bunk room
      • Level: First
      • Area: 120 Square Feet
      • Dimensions: 12 x 10
      Other
      • Description: Double bunk beds on first floor
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Dining area
      • Description: First floor dining area and open kitchen
      • Level: First
      • Area: 130 Square Feet
      • Dimensions: 13 x 10
      Family room
      • Description: Spacious and open with gulf views
      • Level: Second
      • Area: 306 Square Feet
      • Dimensions: 18 x 17
      Kitchen
      • Description: First floor kitchen - dining - breakfast area
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Sitting room
      • Description: 3rd Floor sitting area with sleeper sofa
      • Level: Third
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Heating
      • Central
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Breakfast Bar, Recessed Lighting, Owner's Closet, Woodwork Painted
      • Windows: Window Treatments
      • Furnished: Yes
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,826
      • Total interior livable area: 2,826 sqft

      Property

      Parking
      • Total spaces: 4
      Features
      • Stories: 3
      • Exterior features: Outdoor Grill, Balcony
      • Has private pool: Yes
      • Pool features: Above Ground, In Ground, Gunite
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      Lot
      • Size: 3,920 Square Feet
      • Dimensions: 50 x 86
      • Features: Corner Lot, Dead End, Flood Insurance Req, Interior Lot, Irregular Lot, Level, Within 1/2 Mile to Water
      Details
      • Parcel number: 332S21425200000010
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding, Wood Siding, Trim Vinyl
      • Foundation: Foundation Off Grade
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: BUENA VISTA
      Location
      • Region: Miramar Beach

      Financial & listing details

      • Price per square foot: $598/sqft
      • Tax assessed value: $1,366,973
      • Annual tax amount: $12,351
      • Date on market: 3/23/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/20/2026Pending sale$1,690,000$598/sqft
        Source: ECAOR #998676 Report a problem
        3/23/2026Listed for sale$1,690,000-0.3%$598/sqft
        Source: ECAOR #998676 Report a problem
        9/2/2024Listing removed$1,695,000+5.9%$600/sqft
        Source: ECAOR #870270 Report a problem
        9/2/2023Listing removed--
        Source: ECAOR #870270 Report a problem
        9/3/2021Sold$1,600,000-5.6%$566/sqft
        Source: Public Record Report a problem
        7/19/2021Pending sale$1,695,000$600/sqft
        Source: ECAOR #870270 Report a problem
        7/15/2021Price change$1,695,000-5.6%$600/sqft
        Source: ECAOR #870270 Report a problem
        4/26/2021Listed for sale$1,795,000+240.6%$635/sqft
        Source: ECAOR #870270 Report a problem
        9/20/2010Sold$527,000-0.5%$186/sqft
        Source: Public Record Report a problem
        7/25/2010Price change$529,650-14.8%$187/sqft
        Source: Keller Williams Emerald Coast Realty #541451 Report a problem
        7/17/2010Listed for sale$621,720-54.5%$220/sqft
        Source: Keller Williams Emerald Coast Realty #541451 Report a problem
        3/30/2010Listing removed$1,365,000+1502.1%$483/sqft
        Source: Destin Real Estate Company #499541 Report a problem
        3/9/2010Sold$85,200-93.8%$30/sqft
        Source: Public Record Report a problem
        12/12/2008Listed for sale$1,365,000$483/sqft
        Source: Destin Real Estate Company #499541 Report a problem
        4/21/2008Sold$1,365,000+506.7%$483/sqft
        Source: Public Record Report a problem
        11/8/2001Sold$225,000$80/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,352 -7.4%$1,366,973 -3.1%
        2024$13,334 +5.1%$1,410,114 +10%
        2023$12,684 +17.4%$1,281,922 +10%
        2022$10,800 +61.9%$1,165,384 +79.6%
        2021$6,669 +4.6%$649,022 +10%
        2020$6,374 +6.7%$590,020 +10%
        2019$5,975 $536,382 +8.6%
        2018$5,975 +22.1%$493,857 +0.6%
        2017$4,894 +5.5%$491,144 +1.4%
        2016$4,638 +4.1%$484,247 +32.2%
        2015$4,454 +19.6%$366,356 -0.3%
        2014$3,724 $367,495
        2013-- $367,495 -0.9%
        2012-- $370,686 -0.7%
        2011-- $373,446 +11.5%
        2010-- $334,901 -9.7%
        2009-- $370,688 -9.9%
        2008-- $411,468 -3.5%
        2007-- $426,442 +8.2%
        2005-- $394,258 +5%
        2004-- $375,319 +38.4%
        2003-- $271,174 +59.6%
        2002-- $169,944 +52.5%
        2001-- $111,432
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 32550

        Getting around

        39 / 100
        Car-Dependent
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Van R Butler
        • Middle: Emerald Coast
        • High: South Walton

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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