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For sale
    • Price cut: $10K (7/3)
    $559,000

    5002 Sandestin Blvd #6431, Miramar Beach, FL 32550

    2beds
    1,204sqft
    : 
    $3,449/mo
    Get pre-qualified
    Condominium
    Built in 2006
    -- sqft lot
    $-- Zestimate®
    $464/sqft
    $-- HOA

    What's special

    Gulf viewsLarge floor-to-ceiling coastal viewsHeated spaYear-round sunrise and sunsetsOutdoor grilling patioWalk-under grottoExpansive wrap-around balcony
    GULF VIEWS & MAXIMUM RENTAL FLEXIBILITY! This beautifully elevated 4th-floor, southeast corner 2BR/2BA lock-off condo offers sweeping, unobstructed views of the Emerald Coast. The spacious retreat features an expansive wrap-around balcony perfect for taking in year-round sunrise and sunsets, while the independent studio layout boasts large floor-to-ceiling coastal views. This unique configuration maximizes your rental income by allowing you to rent the property in three distinct formats: as a full 2BR/2BA suite, a private 1BR/1BA getaway, OR a separate studio. Located in Luau II--Sandestin's premier resort oasis--guests enjoy a heated lagoon pool with a swim-under waterfall, walk-under grotto, heated spa, fitness center, and outdoor grilling patio. Just steps from sugar-white sand beaches, this turnkey property is fully SIRS-compliant with healthy reserves, making it the ultimate addition to your investment portfolio!
    52 days
    |
    167
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy R Jefcoat 601-624-5437,

    The Agency Northwest Florida Beaches,

    Eric A Guilbeau 713-203-1378,

    The Agency Northwest Florida Beaches

    Source: ECAOR,MLS#: 1004479MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Area: 182 Square Feet
      • Dimensions: 14 x 13
      Primary bathroom
      • Level: First
      • Area: 84 Square Feet
      • Dimensions: 12 x 7
      Living room
      • Level: First
      • Area: 196 Square Feet
      • Dimensions: 14 x 14
      Other
      • Level: First
      • Area: 559 Square Feet
      • Dimensions: 43 x 13
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Washer
      • Laundry: Common Area, Washer/Dryer Hookup
      Features
      • Breakfast Bar, Recessed Lighting, Lock Out, Owner's Closet, Elevator
      • Flooring: Tile, Vinyl
      • Windows: Window Treatments
      • Furnished: Yes
      Interior area
      • Total structure area: 1,204
      • Total interior livable area: 1,204 sqft

      Property

      Parking
      • Parking features: Golf Cart Garage, Garage, Covered
      • Has garage: Yes
      • Has carport: Yes
      Features
      • Exterior features: Outdoor Grill, Balcony
      • Pool features: Heated
      • Has view: Yes
      • View description: Bay, Gulf, Lake
      • Has water view: Yes
      • Water view: Bay,Gulf,Lake
      Details
      • Parcel number: 352S21426000006431

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete, Stucco
      • Roof: Metal
      Condition
      • Under Construction
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Elevators, Fitness Center, Fishing, Gated, Golf, Marina, Picnic Area, Playground, Pool, Separate Storage, TV Cable, Tennis Court(s), Waterfront, Whirlpool, Pickleball, Short Term Rental - Allowed
      • Security: Fire Alarm, Smoke Detector(s)
      • Subdivision: LUAU II
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Insurance, Legal, Licenses/Permits, Management, Recreational Faclty, Maintenance Structure, Security, Sewer, Cable TV, Trash, Water, Internet
      Location
      • Region: Miramar Beach

      Financial & listing details

      • Price per square foot: $464/sqft
      • Tax assessed value: $467,754
      • Annual tax amount: $4,226
      • Date on market: 6/2/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/3/2026Price change$559,000-1.8%$464/sqft
        Source: ECAOR #1004479 Report a problem
        6/2/2026Listed for sale$569,000+101.8%$473/sqft
        Source: ECAOR #1004479 Report a problem
        6/13/2012Sold$282,000-46.8%$234/sqft
        Source: Public Record Report a problem
        6/13/2006Sold$529,900$440/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,226 +3.9%$467,754 +10%
        2024$4,067 +8.3%$425,311 +10%
        2023$3,755 +10.2%$386,646 +10%
        2022$3,407 +10.1%$351,496 +10%
        2021$3,093 -3%$319,542
        2020$3,190 +2.5%$319,542 +2%
        2019$3,111 $313,281 +2%
        2018$3,111 +1.6%$307,140 +3%
        2017$3,063 +3.6%$298,195 +5%
        2016$2,956 +4%$284,000 +5%
        2015$2,842 +5.6%$270,479 +5%
        2014$2,690 $257,596 +20.8%
        2013-- $213,325 +15.8%
        2012-- $184,272 -5%
        2011-- $193,964 -23.3%
        2010-- $252,840 -16.1%
        2009-- $301,421 -15%
        2008-- $354,614 +2259.4%
        2007-- $15,030
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
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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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