261 Open Gulf St Miramar Beach, FL 32550
Estimated payment $10,060/month
Highlights
- In Ground Pool
- Gulf View
- Contemporary Architecture
- Van R. Butler Elementary School Rated A-
- Primary Bedroom Suite
- Main Floor Primary Bedroom
About This Home
Short term rental powerhouse featuring a spacious coastal home with ocean views from every floor, direct beach access from the front door, private seasonally heated pool, and massive 22 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Less than 300 feet from direct beach access ensures high occupancy. Includes complimentary paddleboards and kayaks for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Neither Airbnb nor VRBO offer a transfer option. However, the seller will make all reasonable efforts to facilitate the transfer of reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections are included in the documents section of this listing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,352
Year Built
- Built in 2003
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 50x86
- Street terminates at a dead end
- Corner Lot
- Interior Lot
- Level Lot
- Irregular Lot
Home Design
- Contemporary Architecture
- Off Grade Structure
- Frame Construction
- Wood Siding
- Vinyl Siding
- Vinyl Trim
Interior Spaces
- 2,826 Sq Ft Home
- 3-Story Property
- Furnished
- Woodwork
- Ceiling Fan
- Recessed Lighting
- Fireplace
- Window Treatments
- Family Room
- Sitting Room
- Dining Area
- Painted or Stained Flooring
- Gulf Views
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Induction Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- 5 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Above Ground Pool
- Gunite Pool
Outdoor Features
- Balcony
- Built-In Barbecue
Location
- Flood Insurance May Be Required
Schools
- Van R Butler Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Multiple cooling system units
- Central Heating
- Well
- Electric Water Heater
Community Details
- Buena Vista Subdivision
Listing and Financial Details
- Assessor Parcel Number 33-2S-21-42520-000-0010
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $12,352 | $1,366,973 | $720,000 | $646,973 |
| 2024 | $12,684 | $1,515,942 | $720,000 | $795,942 |
| 2023 | $12,684 | $1,281,922 | $0 | $0 |
| 2022 | $10,800 | $1,165,384 | $450,335 | $715,049 |
| 2021 | $6,669 | $729,814 | $393,890 | $335,924 |
| 2020 | $6,374 | $685,469 | $360,360 | $325,109 |
| 2019 | $5,975 | $665,488 | $346,500 | $318,988 |
| 2018 | $4,894 | $493,857 | $0 | $0 |
| 2017 | $4,638 | $491,144 | $171,600 | $319,544 |
| 2016 | $4,454 | $484,247 | $0 | $0 |
| 2015 | $3,724 | $366,356 | $0 | $0 |
| 2014 | $3,789 | $367,495 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2026 03/23/26 | For Sale | $1,690,000 | -- | $598 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,600,000 | Aqua Title Services | |
| Warranty Deed | $208,500 | Vintage Title & Escrow | |
| Special Warranty Deed | $527,000 | Attorney | |
| Trustee Deed | $85,200 | None Available | |
| Warranty Deed | $1,365,000 | Title Logix Inc | |
| Warranty Deed | $225,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,280,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $1,023,750 | Unknown | |
| Previous Owner | $353,000 | Construction | |
| Closed | $56,250 | No Value Available |
Source: Emerald Coast Association of REALTORS®
MLS Number: 998676
APN: 33-2S-21-42520-000-0010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 244 Open Gulf St
- 183 Norwood Dr
- 109 Norwood Dr Unit 2
- 134 Norwood Dr Unit Penthouse 4
- 83 Windancer Ln
- 47 Norwood Dr
- 151 Snowdrift Rd
- 219 Scenic Gulf Dr Unit 630
- 114 Main Sail Dr Unit 151
- 114 Mainsail Dr Unit 383
- 114 Mainsail Dr Unit 442
- 114 Mainsail Dr Unit 122
- 114 Mainsail Dr Unit 182
- 114 Mainsail Dr Unit C33
- 114 Mainsail Dr Unit 334
- 114 Mainsail Dr Unit 246
- 114 Mainsail Dr Unit 157
- 114 Mainsail Dr Unit 423
- 114 Mainsail Dr Unit C28
- 114 Mainsail Dr Unit 342
- 109 Norwood Dr Unit 2
- 291 Hwy 2378 Unit SI ID1502024P
- 319 Latrium Cir
- 955 Scenic Hwy
- 732 Scenic Gulf Dr Unit E304
- 290 Sandestin Blvd W
- 43 Summer Haven Trail Unit 17
- 200 Sandestin Blvd N Unit SI FL8-ID1502044P
- 112 Seascape Dr Unit SI ID1447109P
- 122 Seascape Dr Unit SI ID1447161P
- 5405 Tivoli Terrace Ln S
- 843 Grand Harbour E
- 5000 S Sandestin Blvd Unit 6512
- 5000 S Sandestin Blvd Unit 7107
- 5000 S Sandestin Blvd Unit 7007
- 5002 S Sandestin Blvd Unit 6227
- 5002 S Sandestin Blvd Unit 6225
- 125 Sunset Bay Unit SI ID1447108P
- 9000 Heron Walk Dr Unit 3204
- 1630 Hwy 2378 Unit SI ID1285909P
Ask me questions while you tour the home.