Soaring into the air above Scenic Gulf Drive in Miramar Beach are two majestic towers appropriately named Ariel Dunes. Each tower is capped with porticoes that resemble Greek temples and are up lighted at night ro creates a spectacular look. The location of these luxurious, twenty-four story high-rise buildings in the heart of Miramar Beach gives easy access to popular beach side restaurants, world class shopping and family amusements at the nearby Village of Baytowne Wharf in Sandestin.
Both Ariel Dunes I and Ariel Dunes II are only 200 yards from the iridescent waters of the gorgeous gulf that stretch across a 2,000 linear foot white ribbon of beach with sparkling crystal quartz sand. There are five massive swimming pools on the property offering an amazing 23,000 square feet of watery refreshment. Two of them extend around the base of Ariel Dunes I creating a mirage of sorts since the building appears to magically float above the water from the distance. This amazing pool has a “zero entry” at the shallow end which is great for kids since it also has a mushroom shaped waterfall that splashes down onto the pool below. Three additional pools have vistas across a beautiful lagoon and a lovely golf course. Casual poolside dining is conveniently available at the Cabana Cafe at Ariel Dunes I which is open for breakfast, lunch and dinner. There are also recently remodeled Fitness Centers and a comfortably furnished private Owner's Room available as well. Since Ariel Dunes is part of the Seascape Resort, a challenging eighteen hole championship golf course and professional tennis courts are also on the property available for the owner's use.
Each of one of these luxurious properties is worthy of pampered residential living with nine foot ceilings and an eight foot tall sliding glass door in the living area that offers sweeping views from the balconies that face the sunny southern horizon across the glistening gulf. All units are upscale with gleaming granite counter tops and full open kitchens with breakfast bars. The spacious combined dining and living areas are comfortably as well as fashionably appointed. Many units are sold furnished so that new owners may use them immediately or rent them out to others. (Three bedroom rental units at Ariel Dunes gross over $30,000 a year.) Association fees which cover exterior maintenance, insurance, grounds keeping, amenities, sewer and water average about $700 per month.
Currently there are twenty-seven units for sale including two that have one bedroom with 732 square foot listed for $205,000 and $224,900; Fourteen that have two bedrooms with an average of about 1,200 square feet listed between $269,900 and $349,000; And Eleven that have three bedrooms with 1,588 to 1,763 square feet listed between $349,000 and $475,000. The total list price average for all units available comes in at a median price of $325,000 which averages at $333,196 or $250.74 per square foot. There are three pending contracts at this time. One of them has a single bedroom with 1,175 square feet listed at $251,750; A three bedroom unit with 1,558 square listed at $369,000 and One unit with four bedrooms and 2,356 square feet that listed at $549,900. Since March 1st 2013 there have been forty-five sales including seven units with one bedroom units ranging in price from $150,000 to $265,000; Twenty-nine units with two bedrooms closing between $200,000 to $295,000; And nine units with three bedrooms closing between $274,000 and $504,000. Statistics for total sales ranged between a low of $150,000 for a one bedroom property that closed on May 20, 2013 and a high of $504,000 for a three bedroom unit that closed on January 31, 2014. The median price for all of these sales came in at $270,000 with an average price of $269,379 which comes in at $222.98 per square foot.
If you'd like to learn more about condos for sale at Ariel Dunes or other Destin Real Estate opportunities give us a call at 877.392.6085.