Skip main navigation
For sale
  • Price cut: $20K (6/2)
    $699,000

    512 Magnolia Pl #512, Miramar Beach, FL 32550

    4beds
    1,562sqft
    : 
    Loading
    Get pre-qualified
    Condominium
    Built in 1976
    -- sqft lot
    $-- Zestimate®
    $448/sqft
    $-- HOA

    What's special

    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.
    99 days
    |
    171
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael P Bell 678-761-2512,

    Compass

    Source: ECAOR,MLS#: 1000125MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Area: 180 Square Feet
      • Dimensions: 12 x 15
      Bedroom
      • Level: First
      • Area: 180 Square Feet
      • Dimensions: 12 x 15
      Bedroom
      • Level: First
      • Area: 96 Square Feet
      • Dimensions: 8 x 12
      Bedroom
      • Level: First
      • Area: 154 Square Feet
      • Dimensions: 11 x 14
      Dining area
      • Level: First
      • Area: 160 Square Feet
      • Dimensions: 16 x 10
      Kitchen
      • Level: First
      • Area: 70 Square Feet
      • Dimensions: 10 x 7
      Living room
      • Level: First
      • Area: 240 Square Feet
      • Dimensions: 20 x 12
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Washer
      • Laundry: Common Area
      Features
      • Vaulted Ceiling(s), Recessed Lighting, Newly Painted, Pantry, Split Bedroom
      • Flooring: Tile
      • Windows: Window Treatments
      Interior area
      • Total structure area: 1,562
      • Total interior livable area: 1,562 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached Carport, Golf Cart Garage, Guest, Carport, Covered
      • Carport spaces: 1
      Features
      • Patio & porch: Patio
      Details
      • Parcel number: 272S21420400005120

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Vinyl Siding, Trim Wood
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 1976

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Beach, Deed Access, Dumpster, Fishing, Gated, Golf, Marina, Picnic Area, Playground, Pool, TV Cable, Tennis Court(s), Pickleball, Short Term Rental - Allowed
      • Security: Smoke Detector(s)
      • Subdivision: MAGNOLIA VILLAGE CONDO
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Insurance, Management, Security, Cable TV, Trash
      Location
      • Region: Miramar Beach

      Financial & listing details

      • Price per square foot: $448/sqft
      • Annual tax amount: $2,833
      • Date on market: 4/8/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/2/2026Price change$699,000-2.8%$448/sqft
        Source: ECAOR #1000125 Report a problem
        4/8/2026Listed for sale$719,000+18.8%$460/sqft
        Source: ECAOR #1000125 Report a problem
        6/6/2025Sold$605,000-3.8%$387/sqft
        Source: ECAOR #973251 Report a problem
        5/20/2025Pending sale$629,000$403/sqft
        Source: ECAOR #973251 Report a problem
        5/14/2025Price change$629,000-1.6%$403/sqft
        Source: ECAOR #973251 Report a problem
        4/24/2025Price change$639,000-1.5%$409/sqft
        Source: ECAOR #973251 Report a problem
        4/8/2025Listed for sale$649,000-5.8%$415/sqft
        Source: ECAOR #973251 Report a problem
        10/21/2023Listing removed--
        Source: ECAOR #929715 Report a problem
        8/11/2023Listed for sale$689,000+138%$441/sqft
        Source: ECAOR #929715 Report a problem
        7/25/2016Listing removed$289,500$185/sqft
        Source: Platinum Realty LLC #730357 Report a problem
        3/29/2016Listed for sale$289,500+6.4%$185/sqft
        Source: Platinum Realty LLC #730357 Report a problem
        5/6/2013Sold$272,000$174/sqft
        Source: ECAOR #589241 Report a problem

        Public tax history

        Tax history is unavailable.

        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.

        Climate risks

        Neighborhood: 32550

        Getting around

        40 / 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.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes