8589 Magnolia Bay Ln Unit 8589 Miramar Beach, FL 32550
Miramar Beach NeighborhoodEstimated payment $5,016/month
Total Views
1,591
2
Beds
2.5
Baths
1,476
Sq Ft
$503
Price per Sq Ft
Highlights
- Marina
- Boat Dock
- Fishing
- Van R. Butler Elementary School Rated A-
- On Golf Course
- Gated Community
About This Home
Relax and enjoy a slower pace of life at this stunning two-bed, two-and-a-half-bath townhome at Magnolia Bay in Sandestin Golf & Beach Resort. Located in a natural setting with panoramic views of the golf course, it overlooks a stocked fishing pond that provides endless opportunities for bird-spotting. Refinished travertine flooring adds prestige to the first floor, along with a half bathroom. Once inside, your eye is immediately drawn through the open living room to the views of the rolling fairway of Baytowne Golf Course. In the immediate foreground, there's a tranquil nature pond with mature trees. The upgraded kitchen has a full range of stainless steel appliances to please any creative cook and a butler's pantry provides additional storage. A half-height wall is topped with a matching quartz countertop, creating a neat bar for serving drinks or casual meals. The light and airy floor plan widens further to incorporate a dining area and a spacious sitting area, both with jaw-dropping views through dual-aspect windows. Mahogany French doors open onto a private porch with space for a dining table and lounge chairs. It's a fantastic place to relax and enjoy the lush views and the sights and sounds of nature. Head upstairs to the second floor, where new LVP flooring enhances the entire space. The primary suite has a king-sized bed, dual closets, and elevated views of the stunning landscape from two directions. The adjoining bathroom has a large soaking tub, a dual vanity and a separate shower featuring dreamy travertine tile. There's a laundry closet with a stacked washer and dryer on the landing. The guest bedroom is equally well-proportioned to accommodate two full-sized beds and a closet. A second bathroom on this level has a shower/tub combo. The home includes a one-car garage and a Sonos sound system, allowing you to enjoy your favorite music wherever you find yourself. This beautiful home is a place to relax and enjoy a slower pace of life. Picture yourself sitting on the back porch and watching the sunrise, with views over the tee box. The stocked fish pond will provide hours of entertainment with visits from numerous species of birds and other wildlife. This home is ideally located within walking distance of the neighborhood pool, Sandestin Tennis Center, Baytowne Wharf and the marina. Residents also enjoy exclusive access to Sandestin's top-tier amenities, including private deeded beach access, championship golf courses and miles of scenic trails perfect for walking or biking. Plus, shopping, dining, and entertainment await just a golf cart ride away at Grand Boulevard.
Listing Agent
Scenic Sotheby's International Realty Brokerage Email: penny@scenicsir.com License #3271422 Listed on: 02/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,172
Year Built
- Built in 2001
Lot Details
- 1,307 Sq Ft Lot
- Property fronts a private road
- On Golf Course
HOA Fees
- $547 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Property Views
- Lake
- Pond
Home Design
- Property Attached
- Newly Painted Property
- Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,476 Sq Ft Home
- 2-Story Property
- Furnished
- Woodwork
- Crown Molding
- Window Treatments
- Living Room
- Dining Room
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Self-Cleaning Oven
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Painted or Stained Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Porch
Schools
- Van R Butler Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 26-2S-21-42635-000-8589
Community Details
Overview
- Association fees include accounting, ground keeping, master, security, cable TV, trash
- Magnolia Bay Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
Recreation
- Boat Dock
- Marina
- Beach
- Golf Course Community
- Tennis Courts
- Community Playground
- Community Pool
- Fishing
Security
- Gated Community
Map
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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 |
|---|---|---|---|---|
| 2024 | $3,886 | $740,854 | $100,000 | $640,854 |
| 2023 | $3,886 | $374,338 | $0 | $0 |
| 2022 | $3,802 | $488,187 | $0 | $488,187 |
| 2021 | $2,995 | $309,370 | $0 | $309,370 |
| 2020 | $3,088 | $309,370 | $0 | $309,370 |
| 2019 | $3,012 | $303,303 | $0 | $303,303 |
| 2018 | $2,936 | $294,462 | $0 | $0 |
| 2017 | $2,918 | $294,462 | $0 | $294,462 |
| 2016 | $2,806 | $280,440 | $0 | $0 |
| 2015 | $2,851 | $280,440 | $0 | $0 |
| 2014 | $2,891 | $280,440 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Pending | -- | -- | -- |
| 03/19/2025 03/19/25 | Price Changed | $742,500 | -0.7% | $503 / Sq Ft |
| 02/24/2025 02/24/25 | For Sale | $747,500 | 0.0% | $506 / Sq Ft |
| 09/27/2018 09/27/18 | Rented | $2,300 | 0.0% | -- |
| 09/27/2018 09/27/18 | Under Contract | -- | -- | -- |
| 07/23/2018 07/23/18 | For Rent | $2,300 | +17.9% | -- |
| 08/31/2016 08/31/16 | Rented | $1,950 | 0.0% | -- |
| 08/31/2016 08/31/16 | Under Contract | -- | -- | -- |
| 08/08/2016 08/08/16 | For Rent | $1,950 | +2.6% | -- |
| 09/07/2015 09/07/15 | Rented | $1,900 | 0.0% | -- |
| 09/07/2015 09/07/15 | Under Contract | -- | -- | -- |
| 06/16/2015 06/16/15 | For Rent | $1,900 | -- | -- |
Source: Emerald Coast Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | $315,000 | Emerald Coast Title Svcs Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $435,000 | Dba Advance Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $252,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $310,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in the area
Source: Emerald Coast Association of REALTORS®
MLS Number: 969353
APN: 26-2S-21-42635-000-8589
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