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.
For sale
Price cut: $20K (6/2)
$699,000
512 Magnolia Pl #512, Miramar Beach, FL 32550
4beds
1,562sqft
Condominium
Built in 1976
-- sqft lot
$-- Zestimate®
$448/sqft
$-- HOA
What's special
- 144 days
- 92
- 2
Zillow last checked:
Listing updated:
Listed by:
Michael P Bell 678-761-2512,
Compass
Source: ECAOR,MLS#: 1000125
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
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $699,000-2.8%$448/sqft |
Source: | ||
| 4/8/2026 | Listed for sale | $719,000+18.8%$460/sqft |
Source: | ||
| 6/6/2025 | Sold | $605,000-3.8%$387/sqft |
Source: | ||
| 5/20/2025 | Pending sale | $629,000$403/sqft |
Source: | ||
| 5/14/2025 | Price change | $629,000-1.6%$403/sqft |
Source: | ||
| 4/24/2025 | Price change | $639,000-1.5%$409/sqft |
Source: | ||
| 4/8/2025 | Listed for sale | $649,000-5.8%$415/sqft |
Source: | ||
| 10/21/2023 | Listing removed | -- |
Source: | ||
| 8/11/2023 | Listed for sale | $689,000+138%$441/sqft |
Source: | ||
| 7/25/2016 | Listing removed | $289,500$185/sqft |
Source: Platinum Realty LLC #730357 Report a problem | ||
| 3/29/2016 | Listed for sale | $289,500+6.4%$185/sqft |
Source: Platinum Realty LLC #730357 Report a problem | ||
| 5/6/2013 | Sold | $272,000$174/sqft |
Source: | ||
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.Climate risks
Neighborhood: 32550
Nearby schools
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.







