$499,000

Luau at Sandestin 5002 S Sandestin Blvd Unit 6131 Miramar Beach, FL 32550

Miramar Beach Neighborhood

Estimated payment $4,438/month

Total Views 4,958
2 Beds
2 Baths
1,204 Sq Ft
$414 Price per Sq Ft

Highlights

  • Marina
  • Golf Course Community
  • Fishing
  • Van R. Butler Elementary School Rated A-
  • In Ground Pool
  • Gated Community

About This Home

Investors and second-home buyers, this rare first-floor walk-out condo offers the perfect blend of versatility, convenience, and rental potential. Just steps from the white sandy beaches of the Emerald Coast, this 2-bedroom, 2-bath lock-off provides multiple leasing options, making it an ideal investment opportunity. The lock-off design allows you to rent it as a full 2-bedroom, 2-bath condo, a 1-bedroom, 1-bath unit with full living space, or a separate studio for private short-term stays. Enjoy the ease of ground-floor living with no elevators—simply walk out to resort-style amenities, lush landscapes, and direct beach access. Whether you're seeking a rental property or a low-maintenance vacation retreat, this condo delivers.

Listing Agent

Tresha Brown

LPT Realty LLC License #3368723 Listed on: 02/14/2025

LPT Realty LLC

Co-Listing Agent

Michael Sobik

LPT Realty LLC License #3159645

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,067

Year Built

  • Built in 2006

HOA Fees

  • $1,385 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Newly Painted Property
  • Studio

Interior Spaces

  • 1,204 Sq Ft Home
  • Furnished
  • Recessed Lighting
  • Living Room
  • Dining Area
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Studio bedroom
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Lock
  • Built-In Barbecue

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-2S-21-42600-000-6131

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, legal, master, recreational faclty, security, cable TV, trash
  • Luau Ii Subdivision
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Community Pavilion

Recreation

  • Beach
  • Golf Course Community
  • Community Playground
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,067

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,385 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: ELPT
  • Co List Office Phone: 877-366-2213
  • Subdivision Name: LUAU II
  • Directions: Google Maps to 5002 S Sandestin Blvd. 6131/6133 is located in Luau II
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2006
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Dining Area: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Flooring: Floor Tile
  • Interior Amenities: Breakfast Bar, Lighting Recessed, Lock Out, Newly Painted
  • Stories: 12
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Pool Features: Pool - In-Ground, Pool Type
  • Exterior Features: Balcony, BBQ Pit/Grill, Hot Tub
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Security: Fire Alarm/Sprinkler
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Pickle Ball, BBQ Pit/Grill, Beach, Exercise Room, Fishing, Gated Community, Golf, Marina, Pavillion/Gazebo, Pets Allowed, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 1385.2
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Legal, Master Association, Recreational Faclty, Security, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 35-2S-21-42600-000-6131

Tax Info

  • Tax Annual Amount: 4066.91
  • Tax Year: 2024

Map

About Luau at Sandestin

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $3,755 $467,754 -- $467,754
2022 $3,755 $385,581 $0 $385,581
2021 $3,093 $319,542 $0 $319,542
2020 $3,190 $319,542 $0 $319,542
2019 $3,111 $313,281 $0 $313,281
2018 $3,063 $307,140 $0 $0
2017 $2,956 $298,195 $0 $298,195
2016 $2,842 $284,000 $0 $0
2015 $2,749 $270,479 $0 $0
2014 $2,656 $257,596 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $499,000 -5.8% $414 / Sq Ft
03/14/2025 03/14/25 Price Changed $529,900 -6.7% $440 / Sq Ft
02/14/2025 02/14/25 For Sale $567,800 -- $472 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $357,000 Vintage Title & Escrow Inc
Warranty Deed $309,000 Attorney
Warranty Deed $225,000 None Available
Special Warranty Deed $499,900 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $169,000 New Conventional
Previous Owner $110,000 New Conventional
Previous Owner $399,900 Fannie Mae Freddie Mac
Source: Public Records

Similar Homes in Miramar Beach, FL

  • 5002 S Sandestin Blvd Unit 7029, Miramar Beach, FL 32550

    $395,000

    • 1 Bed
    • 1 Bath
    • 795 Sq Ft
    • 5002 S Sandestin Blvd
    • Unit 7029
    • Miramar Beach, FL

    Experience unparalleled coastal living in this beautifully updated 10th-floor condo, ideally situated on the east side of Luau II within the renowned Sandestin Golf and Beach Resort. This spacious 1-bedroom unit offers 795 square feet of luxurious living space, making it the largest one-bedroom floor plan available, and boasts breathtaking, unobstructed Gulf views.Recent enhancements include new

    Bob Thomas Counts Real Estate Group Inc

    Section Image
  • 5002 S Sandestin Blvd Unit 6621/23, Miramar Beach, FL 32550

    $570,000

    • 2 Beds
    • 2 Baths
    • 1,204 Sq Ft
    • 5002 S Sandestin Blvd
    • Unit 6621/23
    • Miramar Beach, FL

    Welcome to this stunning lock-off unit with panoramic Gulf & Bay views within the Sandestin Golf & Beach Resort®. The view is even better in person! This versatile property can be used as a 1-bedroom, studio, or 2-bedroom, perfect for maximizing rental potential. Offered furnished & turn-key ready, with a strong rental history. The bright & inviting interior features floor-to-ceiling windows, is

    Jennifer Crawford Keller Williams Realty SRB

    Section Image
  • 626 Bayou Dr Unit 10720, Miramar Beach, FL 32550

    $549,900

    • 2 Beds
    • 3 Baths
    • 1,396 Sq Ft
    • 626 Bayou Dr
    • Unit 10720
    • Miramar Beach, FL

    Discover your own slice of paradise in Sandestin Beach Resort! This tranquil condo offers serene views of a picturesque water fountain and access to an array of resort amenities. Enjoy multiple community pools, championship golf courses, and the vibrant Baytowne Wharf, where dining, boating, and entertainment await.The kitchen has been beautifully updated with brand-new cabinets,

    Kendall Hood Compass

    Section Image
  • 9100 Baytowne Wharf Blvd Unit 262, Miramar Beach, FL 32550

    $420,000

    • 1 Bed
    • 1.5 Baths
    • 808 Sq Ft
    • 9100 Baytowne Wharf Blvd
    • Unit 262
    • Miramar Beach, FL

    Enjoy prime Village location with front-row seats to the shows, concerts, and fireworks at The Village of Baytowne Wharf—all from the comfort of your spacious private balcony. Situated in the heart of this vibrant pedestrian-friendly community, you're just steps away from shopping, dining, nightlife, and family-friendly attractions. This turnkey rental property comes fully furnished and even

    Gary Bowman The Agency Northwest Florida Beaches

    Section Image
  • 9300 Baytowne Wharf Blvd Unit 315-7, Miramar Beach, FL 32550

    $400,000

    • 2 Beds
    • 2 Baths
    • 1,128 Sq Ft
    • 9300 Baytowne Wharf Blvd
    • Unit 315-7
    • Miramar Beach, FL

    Located in the heart of the Sandestin Golf & Beach Resort, this updated unit in the Village of Baytowne Wharf offers shopping, dining, nightlife, and a convention center just steps away. The well-designed space features open living & split bedrooms. Updated throughout, on the amenity terrace level, you have easy access to the pool, spa, fitness room, grilling area, and a wading pool. With great

    Jennifer Crawford Keller Williams Realty SRB

    Section Image
  • 9500 Grand Sandestin Blvd Unit 2426, Miramar Beach, FL 32550

    $475,000

    • 1 Bed
    • 1 Bath
    • 836 Sq Ft
    • 9500 Grand Sandestin Blvd
    • Unit 2426
    • Miramar Beach, FL

    Step into luxury and comfort with this beautifully renovated oversized one-bedroom corner unit in the sought-after Grand Sandestin. Ideally located within the 2,000-acre Sandestin Golf & Beach Resort, this condo offers quick access to the beach, bay, and world-class amenities. Enjoy serene views from the spacious balcony—an inviting retreat perfect for unwinding after a day of beach combing or

    Dahler & Co. Scenic Sotheby's International Realty

    Section Image
  • 9500 Grand Sandestin Blvd Unit 2613/2615, Miramar Beach, FL 32550

    $495,000

    • 2 Beds
    • 3 Baths
    • 1,305 Sq Ft
    • 9500 Grand Sandestin Blvd
    • Unit 2613/2615
    • Miramar Beach, FL

    Perched on the 6th floor, this versatile condo features 2 bedrooms and 3 full baths, offering a flexible layout ideal for maximizing rental income. Whether used as a studio, a 1-bedroom/2-bath suite, or a spacious 2-bedroom/3-bath retreat, this property adapts to meet a variety of guest needs. Enjoy low-maintenance living with elegant porcelain plank tile flooring throughout and a full-size

    Gary Bowman The Agency Northwest Florida Beaches

    Section Image
  • 9500 Grand Sandestin Blvd Unit 2516/2518, Miramar Beach, FL 32550

    $550,000

    • 2 Beds
    • 3 Baths
    • 1,305 Sq Ft
    • 9500 Grand Sandestin Blvd
    • Unit 2516/2518
    • Miramar Beach, FL

    Experience breathtaking western views of the Choctawhatchee Bay and the Grand Gardens/Pool from this stunning 5th-floor lock-off condo. Featuring 2 bedrooms and 3 full baths, this unit offers a flexible floor plan to maximize rental potential—rent it as a studio, a 1-bedroom/2-bath, or a full 2-bedroom/3-bath retreat. Enjoy effortless upkeep with sleek tile flooring throughout and bay-facing

    Gary Bowman The Agency Northwest Florida Beaches

    Section Image
  • 9500 Grand Sandestin Blvd Unit 2600, Miramar Beach, FL 32550

    $575,000

    • 2 Beds
    • 2 Baths
    • 1,111 Sq Ft
    • 9500 Grand Sandestin Blvd
    • Unit 2600
    • Miramar Beach, FL

    Fully Renovated Turnkey | Corner Condo | Stunning Bay + Pool Views | Furnished + STR Ready | Rental Machine $50k+ Generated in 2024 & Tracking Same for 2025 | Gated Luxurious Sandestin Resort! Live the coastal dream in this beautifully updated sixth-floor corner unit at Grand Sandestin, offering panoramic views of the bay and the resort's lagoon-style pool. With designer finishes and upscale

    Gary Bowman The Agency Northwest Florida Beaches

    Section Image
See All Homes in Miramar Beach

Source: Emerald Coast Association of REALTORS®

MLS Number: 968652

Emerald Coast Association of REALTORS®

APN: 35-2S-21-42600-000-6131

Florida Walton County Miramar Beach 32550 Miramar Beach

5002 S Sandestin Blvd Unit 6131, Miramar Beach, FL

This home is located at 5002 S Sandestin Blvd Unit 6131, Miramar Beach, FL 32550 and is currently priced at $499,000, approximately $414 per square foot. This property was built in 2006. 5002 S Sandestin Blvd Unit 6131 is a home located in Walton County with nearby schools including Van R. Butler Elementary School, Emerald Coast Middle School, and South Walton High School.

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.

Emerald Coast Association of REALTORS® 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.

Nearby Homes
Tresha Brown
Listing Agent
Tresha Brown
Section Image
LPT Realty LLC
(448) 233-4437