$515,000

Estimated payment $4,243/month

Total Views 889
3 Beds
2 Baths
1,040 Sq Ft
$495 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • Deeded access to the beach
  • Furnished
  • Van R. Butler Elementary School Rated A-
  • Gated Community
  • 3-minute walk to Deer Lake

About This Home

Ground-Floor 3BR in Maravilla | Turnkey Short-Term Rental | $45K-$50K Gross Projections |1,060 sq ft

Ground-floor 3-bedroom, 2-bath condo in the highly sought-after Maravilla community—a gated, amenity-rich complex in the heart of Miramar Beach. Updated furnishings, tile floors, keyless entry, in-unit washer/dryer, and a brand-new 2025 HVAC with 10-year warranty for peace of mind. Guest pet-friendly—an uncommon, high-demand feature that boosts rental appeal. Offering 1,040 square feet of well-maintained interior space, this unit is being sold fully furnished and rental-ready with strong short-term rental demand and projected gross income between $45,000-$50,000 annually. Located in Building 1, this property offers direct access with no stairs or elevators, convenient parking, and close proximity to the private beach entrance. The interior features updated furnishings, tile flooring throughout, keyless entry, an in-unit washer and dryer, and a brand-new HVAC system (2025) with a 10-year warranty, ensuring long-term peace of mind and reduced future operating costs. Maravilla is pet-friendly for guestsan uncommon, high-demand amenity in this market.

Community features include over 500 feet of private deeded beach, 2 swimming pools (one seasonally heated), hot tub, tennis and pickleball courts, a fitness center, clubhouse, and secure gated access. Annual, seasonal beach service (2 chairs + umbrella) is available for owners to purchase as well, enhancing guest experience and marketing appeal.

Prime location along Scenic Gulf Drive, just minutes from Pompano Joe's, Kenny D's, Captain Dave's, Silver Sands Premium Outlets, Destin Commons, and more.

This unit presents a compelling opportunity for investors seeking immediate income potential, second-home buyers looking to offset holding costs, or 1031 exchange buyers focused on performance and location.

Listing Agent

Kristen Davis

Berkshire Hathaway HomeServices License #3262274 Listed on: 07/31/2025

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,624

Year Built

  • Built in 1997

Lot Details

  • Sprinkler System

HOA Fees

  • $1,135 Monthly HOA Fees

Home Design

  • Off Grade Structure
  • Metal Roof
  • Vinyl Trim
  • Stucco

Interior Spaces

  • 1,040 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Living Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Covered Patio or Porch

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30-2S-21-42782-000-1111

Community Details

Overview

  • Association fees include accounting, advertising, ground keeping, insurance, internet service, legal, licenses/permits, management, master, recreational faclty, repairs/maintenance, security, services, sewer, water, cable TV, trash
  • Maravilla Condo 1 Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,624

Year Built

Built in 1997

Lot Details

0

HOA Fees

$1,135 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: MARAVILLA CONDO 1
  • Directions: From Hwy 98 & Danny Wuerffel Way, head east on 98. Turn right into Maravilla. Go through the gate and take the first right. Follow the road past the cottages on your left. Turn into the Maravilla Condos lot. Pass Building 4, the clubhouse, and dumpsters—Building 1 will be ahead. Unit 1111 is on the ground floor.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1997
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Utilities:Community Water: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Floor Tile, Floor WW Carpet
  • Interior Amenities: Breakfast Bar, Lighting Recessed, Pantry, Washer/Dryer Hookup
  • Stories: 4
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Block, Foundation Off Grade, Stucco, Trim Vinyl
  • Exterior Features: Sprinkler System
  • Patio And Porch Features: Patio Covered
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Sprinkler System: Yes
  • ConstructionSiding:Foundation Off Grade: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Community Sewer, Public Sewer
  • Utilities: Community Water, Electric, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Pickle Ball, BBQ Pit/Grill, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Gated Community, Pets Allowed, Picnic Area, Pool, TV Cable, Waterfront
  • Association #2 Fee: 3404.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Ground Keeping, Insurance, Internet Service, Legal, Licenses/Permits, Management, Master Association, Recreational Faclty, Repairs/Maintenance, Security, Services, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 30-2S-21-42782-000-1111

Tax Info

  • Tax Annual Amount: 3624.19
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,453 $458,640 -- $458,640
2023 $3,453 $310,929 $0 $0
2022 $2,817 $327,600 $0 $327,600
2021 $2,577 $275,600 $0 $275,600
2020 $2,332 $233,605 $0 $233,605
2019 $2,275 $229,029 $0 $229,029
2018 $2,239 $224,536 $0 $0
2017 $2,158 $217,994 $0 $0
2016 $1,979 $197,725 $0 $0
2015 $1,970 $197,725 $0 $0
2014 $1,864 $188,313 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $515,000 -- $495 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $240,000 Security First Title Partner
Warranty Deed $169,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $203,000 New Conventional
Closed $204,000 Balloon
Previous Owner $136,000 Unknown
Previous Owner $135,844 No Value Available
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 982099

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42782-000-1111