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For sale
  • $949,000

    5000 Sandestin #7902/7904, Miramar Beach, FL 32550

    3beds
    1,623sqft
    : 
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    Condominium
    Built in 2006
    -- sqft lot
    $901,800 Zestimate®
    $585/sqft
    $-- HOA

    What's special

    Perched on the 19th-floor penthouse level, this exceptional Luau residence showcases breathtaking panoramic views of the sparkling Gulf of Mexico, the tranquil lake, the Choctawhatchee Bay and the resort-style pool. From vibrant sunrises to unforgettable southwest sunsets, every day is framed by spectacular scenery from the expansive private balcony--an inviting outdoor retreat perfect for morning coffee, afternoon relaxation, or evening cocktails overlooking the water. Thoughtfully designed for both comfort and versatility, the residence offers a spacious two-bedroom, two-bath layout plus a private lock-off studio with its own full bathroom, creating a total of three bedrooms and three bathrooms. This flexible floorplan is ideal for hosting family and friends, accommodating multiple guests, or maximizing rental opportunities. Inside, the open-concept living spaces are filled with natural light thanks to floor-to-ceiling windows that beautifully showcase the coastal views. With 1,623 square feet of well-appointed living space, the home offers the perfect balance of functionality and relaxed coastal elegance. Beyond your front door, Luau's exceptional resort amenities await, including a lagoon-style swimming pool with a swim-under waterfall, fitness center, outdoor grilling area with shaded pergolas, and a convenient boardwalk leading to the sugar-white sands and emerald waters of the Gulf Whether you're enjoying a peaceful morning stroll on the beach or unwinding after a day in the sun, every day feels like a vacation. Offered fully furnished and move-in ready, this turnkey penthouse presents an outstanding opportunity as a full-time residence, luxurious vacation retreat, or income-producing investment in one of Sandestin Golf & Beach Resort's most sought-after communities. As an introduction to the Sandestin lifestyle, we invite our new owners to explore amenities that make Sandestin special. The listing brokerage and seller(s) are presenting the buyer(s) of this property with (2) 90-minute rounds of Tennis court time, a golf foursome at one of our three championship courses, and a round of golf for up to four (4) players at the unrivaled Burnt Pine Golf Club. Sandestin Golf and Beach Resort features more than seven miles of beaches and pristine bay front, four championship golf courses, 15 world-class tennis courts, a 226-slip marina, a fitness center, spa and celebrity chef dining. Shop, dine and play at the charming pedestrian village, The Village of Baytowne Wharf and more. Inside the gates of the resort, residents enjoy a balanced lifestyle of high-class living, spanning the 2,400 acres from the beach to the bay. Everything within the gates of the resort is accessible by golf cart or bicycle. The entire resort is interconnected by miles of pedestrian, bike and golf cart paths that weave through groves of live oaks, meandering past natural lagoons, fountains, man-made lakes, and meticulously landscaped fairways.
    11 days
    |
    217
    |
    7
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen L Phillips 850-598-6440,

    The Agency Northwest Florida Beaches

    Source: ECAOR,MLS#: 1007220MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Level: First
      • Area: 270.68 Square Feet
      • Dimensions: 20.2 x 13.4
      Bedroom
      • Level: First
      • Area: 137.86 Square Feet
      • Dimensions: 12.2 x 11.3
      Bedroom
      • Level: First
      • Area: 155.76 Square Feet
      • Dimensions: 13.2 x 11.8
      Kitchen
      • Level: First
      • Area: 211.9 Square Feet
      • Dimensions: 16.3 x 13
      Living room
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Washer, Electric Water Heater
      • Laundry: Common Area, Washer/Dryer Hookup
      Features
      • Breakfast Bar, Recessed Lighting, Lock Out, Owner's Closet, Split Bedroom
      • Flooring: Tile, Carpet
      • Windows: Window Treatments
      • Furnished: Yes
      Interior area
      • Total structure area: 1,623
      • Total interior livable area: 1,623 sqft

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Gulf, Lake
      • Has water view: Yes
      • Water view: Gulf,Lake
      Details
      • Parcel number: 352S21426000007902

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Stucco
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Beach, Dumpster, Elevators, Fitness Center, Fishing, Gated, Golf, Marina, Picnic Area, Playground, Pool, Sauna/Steam Room, Separate Storage, TV Cable, Tennis Court(s), Waterfront, Pickleball, Short Term Rental - Allowed
      • Security: Smoke Detector(s)
      • Subdivision: LUAU I
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Management, Recreational Faclty, Security, Cable TV, Trash
      Location
      • Region: Miramar Beach

      Financial & listing details

      • Price per square foot: $585/sqft
      • Annual tax amount: $6,172
      • Date on market: 7/8/2026

        Estimated market value

        $901,800

        $857,000 - $947,000

        Not available

        Price history

        DateEventPrice
        7/8/2026Listed for sale$949,000$585/sqft
        Source: ECAOR #1007220 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32550

        Getting around

        23 / 100
        Car-Dependent
        30 / 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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