Edgewater Penthouse for Sale

Ocean Reef Real Estate is proud to present an amazing property listed for sale at 291 Scenic Gulf Drive #1405. This impressive penthouse is located in the iconic luxury beach tower of Edgewater Resort. This masterpiece of architectural design was inspired by a hotel on the French Riviera, and this magnificent “Southern Riviera” version is a real treasure.

The unique crescent-shaped curvature and step-like design with multiple “bows” resemble a luxury cruise liner. These bows are actually open sun deck terraces, and this unique penthouse has one that encompasses 2,200 square feet. These rarely come on the market for sale since they are quite limited, with only 16 in total. This generous space overlooks the lush tropical resort grounds, the private sugary shoreline that spans across 420 linear feet and the gorgeous jewel-toned Gulf.

A portion of the terrace is an open-air covered veranda with upscale outdoor furnishings that includes a wraparound couch. The sunny middle portion includes chairs and a glass-topped table for outdoor dining while enjoying the glittering vistas.

A three-sided raised sundeck with landscaping around its border and lounge chairs faces out towards the southwest. This allows fortunate residents and their guests to experience stellar sunsets, especially from autumn till early spring, when the golden orb descends in heavenly fashion right into the Gulf.

Edgewater 1405 is a three-bedroom residence with 1,480 square feet comes beautifully furnished, and walls of sliding glass doors along with windows frame the sparkling seascape from within. Rich Travertine Marble flooring flows throughout the open living and dining area. A cream-colored couch flanked by two matching armchairs shares these views along with a flatscreen TV.

A round table with eight tall tropically inspired straw woven chairs beside a window provides a charming place for dining.

The open Gourmet Kitchen nearby has a sleek black granite-topped bar, custom cabinetry with tiled backsplash, stainless steel appliances, and a slatted window with gulf views.

The Master Bedroom has handsome ornate furnishings, a king-sized bed, direct balcony access, and an en suite bath with double vanities along with a glass-walled tub shower.

One Guest Bedroom with beach style furnishings has a queen-size bed, a sunny window, and another en suite bath with a walk-in shower.

The other Guest Bedroom has two beds with charming decorative metal headboards, another window, and has access to a full hall bath that doubles as a convenient powder room.

The Edgewater Resort features abundant amenities, including the beautiful beach and two huge swimming pools on different levels with a connected cascading waterfall. A Tiki Bar provides savory snacks and tropical drinks. One pool is seasonally heated, and bubbling hot tubs always offer soothing relaxation. Edgewater also features four tennis courts, basketball, indoor racquetball courts, shuffleboard, a putting green, a kid’s playground, and a 5,000 square foot Fitness Center.

This excellent location in the heart of Miramar Beach is close to popular beachfront restaurants, grocery stores, liquor wine shops, and the famous Silver Sands Premium Outlets discount designer center. Amusements, festivals, concerts, shops, restaurants, and bars are also nearby at Baytowne Wharf as well as Grand Boulevard in Sandestin. This all makes Edgewater a popular vacation destination, so it’s no wonder that this particular unit is projected to gross over $125,000 in rentals for 2021!

This unique three-bedroom penthouse with lucrative rental income and the highly sought after open sun terrace is listed at $1,299,000. Currently there is only one additional Edgewater Condo for sale. It is offered at $1,325,000. Contact our Ocean Reef Real Estate Office today at 877-392-6085 for complete details, important specific professional rental income figures from our highly respected Ocean Reef Resorts property management division, and schedule a tour today.