NOT LISTED FOR SALE

Luau at Sandestin 5002 S Sandestin Blvd Unit 6821/23 Miramar Beach, FL 32550

Miramar Beach Neighborhood
2 Beds
2 Baths
1,204 Sq Ft
$882/mo HOA Fee

Last Sold December 20, 2023

Last sale price $520,000 $432 Per Sq Ft

51 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Fishing
  • Van R. Butler Elementary School Rated A-
  • Golf Course Community
  • Gulf View

About This Home

As of December 2023

REO, Welcome to your slice of paradise in the heart of Sandestin, where luxurious coastal living meets income-generating potential. This 8th th floor lock-off unit offers breathtaking resort views, making it the perfect choice for discerning second-home seekers and savvy investors.

Property Highlights:

Versatility: This spacious condo boasts the unique flexibility of a lock-off design. You can utilize it as a Studio and a separate 1-bedroom condo, or merge them into a generous 2-bedroom, 2-bathroom retreat, offering a total of 1204 square feet of living space.

Prime Location: Nestled on the beachside of Sandestin, you're only a short 3-minute stroll away from the pristine, sugar-white sands of the Gulf. Relax and rejuvenate under the Florida sun as you revel in the proximity .... to the beach, just steps from the pool.

Coastline Views: The 8th-floor corner unit provides unparalleled views of the coastline, including Four Mile Village and Tops'l. Sip your morning coffee while taking in the breathtaking sunrise, setting the tone for your day in paradise.

Income Potential: This property offers multiple income opportunities. You can rent it as a 2-bedroom unit or split it into a 1-bedroom and a studio, catering to various guest preferences and maximizing your return on investment. Similar condominiums bring in close to $60,000 per year as a Vacation rental.

Resort Amenities: Luau condo owners enjoy an array of resort-style amenities. Relax by the tropical pool with a swim-through waterfall, a kiddie pool, and a hot tub. The seasonal tiki bar adds a touch of vacation vibes. Gather for BBQs in the picnic area, access the fitness center, and store your personal items in an owner's storage cage. Covered garage and deck parking ensure convenience for you and your guests.

Rooftop Delight: Marvel at stunning year-round views, including breathtaking sunsets, from the rooftop observation deck - an ideal spot for unwinding after a day of exploring Sandestin.

Sandestin Lifestyle: Your new home is within the exclusive gates of Sandestin Golf and Beach Resort. Enjoy access to four pristine golf courses, tennis and pickleball courts, a full-service marina, and endless opportunities for outdoor recreation.

Village of Baytowne Wharf: On the bayside of the resort, discover the Village of Baytowne Wharf, a vibrant pedestrian village with an array of shopping, dining, family entertainment, and a bustling nightlife scene.

Don't miss out on the chance to own a piece of Sandestin's paradise that offers a lifestyle of luxury and endless income potential. Whether you're seeking a second home for yourself or a smart investment opportunity, this lock-off condo is the perfect choice. Embrace the Sandestin way of life today!

Last Agent to Sell the Property

David Connart

LPT Realty LLC License #548565 Listed on: 10/16/2023

LPT Realty LLC

Last Buyer's Agent

Cynthia Chavira

Own It Real Estate LLC License #3065676

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,489

Year Built

  • Built in 2006

HOA Fees

  • $882 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Stucco

Interior Spaces

  • 1,204 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-2S-21-42600-000-6821

Community Details

Overview

  • Association fees include accounting, electricity, ground keeping, internet service, master, recreational faclty, sewer, water, cable TV, trash
  • Luau Ii Subdivision
  • Handicap Modified Features In Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Elevator

Recreation

  • Community Boat Launch
  • Beach
  • Golf Course Community
  • Community Playground
  • Community Whirlpool Spa
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,489

Year Built

Built in 2006

Lot Details

0

HOA Fees

$882 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: LUAU II
  • Directions: Gulf side of Sandestin Resort
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2006
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor WW Carpet, Furnished - Some, Washer/Dryer Hookup, Window Treatment All
  • Appliances Dishwasher: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Boat Launch, Dock, Elevators, Exercise Room, Fishing, Gated Community, Golf, Handicap Provisions, Marina, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool
  • Association #2 Fee: 881.5
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Electricity, Ground Keeping, Internet Service, Master Association, Recreational Faclty, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 35-2S-21-42600-000-6821
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3488.58
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $520,000 -7.6% $432 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/10/2023 11/10/23 Price Changed $562,500 -5.0% $467 / Sq Ft
10/16/2023 10/16/23 For Sale $591,900 -- $492 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Connart

    Seller's Agent in 2023

    David Connart

    LPT Realty LLC

    (850) 424-3674

    16 in this area

    74 Total Sales

    David Connart
    Section Image
  • Cynthia Chavira

    Buyer's Agent in 2023

    Cynthia Chavira

    Own It Real Estate LLC

    (850) 867-0506

    2 in this area

    132 Total Sales

    Cynthia Chavira
    Section Image
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About Luau at Sandestin

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 934629

Emerald Coast Association of REALTORS®

Florida Walton County Miramar Beach 32550 Miramar Beach

5002 S Sandestin Blvd Unit 6821/23, Miramar Beach, FL

This home is located at 5002 S Sandestin Blvd Unit 6821/23, Miramar Beach, FL 32550 since 16 October 2023. This property was built in 2006. 5002 S Sandestin Blvd Unit 6821/23 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.

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