Edgewater Condo For Sale

Posted by Destin Real Estate Sales on Thursday, June 27th, 2013 at 8:04am.

Edgewater Beach Resort at 291 Scenic Gulf Drive in Miramar Beach is truly a remarkable site to behold. Towering above the edge of the ever changing jewel toned Gulf of Mexico; this monumental Destin landmark was inspired by the design of a luxury hotel on the French Riviera. This “Southern Riviera” duplicate is a stunning piece of work and a local architectural treasure. Edgewater's design rises up in step like form going from ground level at one end, up to nineteen stories at the other. Each tier has an uncovered terraced balcony complete with vines that cascade over the sides. The entire crescent shaped building nestles around two tropical lagoon swimming pools giving it a luxurious look. On the Scenic Gulf Drive side, the curvature makes Edgewater look like a hefty luxury ocean liner that is docked at this particularly beautiful part of the Destin beach. The design provides a spectacular, up lighted image after nightfall since the decorative white lights glow around the curves of this “ship” on every tier.

 

Edgewater Resort is a very popular destination for visitors of Northwest Florida due to the splendor of the building and the resort itself. The splendid Miramar Beach location is near world class shopping at Silver Sands, (the nation’s largest discount designer outlet) as well as restaurants, bars, boutiques and a new stadium seated multiplex movie theater at nearby upscale Grand Boulevard. Family fun can also be had at the Village of Baytowne Wharf in Sandestin which is just minutes away. The grounds of the Edgewater Resort extend away from the tower towards the sugar white beach with expansive green lawns accented by clustered islands of tropical palms and other flora. The two large turquoise colored swimming pools sit side by side on separate levels. Both pools are literally right next to the beach so that you can enjoy viewing the active pool action and shimmering gulf simultaneously. One of these swimmer friendly, manmade “lagoons” has a refreshing waterfall which is particularly wonderful on a hot sunny day. The other beautiful pool is heated for use during the cooler months of the year. An arc of comfortable lounge chairs frames the spacious side terrace, usually pointing towards the sun. There is also a bubbling adult hot tub and a kid's wading pool so there is relaxing fun for everyone. The beachfront boundaries of this private oasis extend east to west with over 420 linear feet of crystal white beach. This provides expansive unobstructed views of the sun splattered waters that spread out in shimmering emerald hues towards the southern horizon. Numerous water sports are offered for excitement which includes activities like para sailing, jet skiing and surfing. There are also basketball courts, shuffle board and a miniature golf course for play. An indoor Fitness Center and an outdoor playground for children are also available. Tasty frozen cocktails and delicious fresh seafood is served at a Tiki Bar and Grill which is conveniently located next to one of the pools beside the beach.

Edgewater 205 is offered for sale by Ocean Reef Realty at $344,000 as a wonderful family vacation beach home and investment property. This furnished one bedroom, one bath condo is very conveniently located on the ground level and has views across the meticulously manicured lawn towards the gorgeous gulf. This Edgewater Resort listing sleeps four with a king sized bed and a queen sized pull out sofa. Comfortably yet elegantly furnished, it has an open kitchen with a wrap around breakfast bar for two. A round glass topped dining table seats four more. The tiled living area is done in soft, earth tone colors and looks out onto the covered patio and the lushly landscaped lawns that sweep all the way out to the dunes. The Master Suite has an adjacent patio and shares these same views. This vacation rental grossed almost $30,000 in 2012 for a handsome return for its owners who were also able to enjoy it at other times. An association fee of $553 per month covers all costs for grounds keeping, irrigation, landscaping, trash disposal, cable TV, 24 hour security, and use all recreational facilities which include use of both pools, the private beach, hot tub, basketball, shuffleboard, miniature golf, outdoor grills as well as the Fitness Center. Currently one bedroom listings are offered from $319,000 to $379,000 with two bedroom units listed from $369,000 to $460,000 and all come furnished. There have been five sales here at Edgewater Resort since May, 2012 with an average price at $285,400 and a median price at $310,000. The highest priced sale was for a two bedroom unit that sold for $370,000. Prices are now beginning to rise due to limited inventories because of increased sales and the fact that excellent interest rates are still available, remaining for now at historic lows. It is indeed the right time to buy real estate and here at Edgewater Resort, life and living doesn't get much better than this.  To view this property or learn more about real estate in Miramar Beach contact us now!

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