5002 S Sandestin Boulevard #6431, Miramar Beach, FL 32550

Miramar Beach
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
5002 S Sandestin Boulevard #6431,Miramar Beach, FL 32550
$559,000
  • 2 Beds
  • 2 Baths
  • 1,204 sq. ft.
  • Condominium
  • Active
Listed by: cindy r jefcoat, eric a guilbeau
Office: the agency northwest florida beaches
MLS#:1004479
Source:FL_ECAR

Price summary

  • Price:$559,000
  • Price per sq. ft.:$464.29

About this home

GULF VIEWS & MAXIMUM RENTAL FLEXIBILITY! This beautifully elevated 4th-floor lockout, is in southeast corner 2BR/2BA of Luau 2, that offers sweeping, 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!

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Home facts

  • Year built:2006
  • Subdivision & Development:LUAU II
  • Listing ID #:1004479
  • Added:114 day(s) ago
  • Updated:September 25, 2026 at 08:18 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:4
  • Kitchen Description:Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator/Icemaker, Stove/Oven Electric
  • Living area:1,204 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:2006
  • Building area:1,204 sq. ft.
  • Exterior Features:BBQ Pit/Grill, Balcony

Schools

  • High school:South Walton
  • Middle school:Emerald Coast
  • Elementary school:Van R Butler

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$559,000
  • Price per sq. ft.:$464.29
  • Tax amount:$4,226 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator w/Ice Maker, Stove/Oven Electric, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Breakfast Bar, Elevator
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