Ocean Reef Real Estate Sales proudly presents a new Gulf-front listing at 114 Mainsail Dr 463 in the highly desirable Miramar Beach. Featuring two bedrooms, two full baths, and stunning sixth-floor westerly views of the shimmering shoreline, this coastal-inspired condo can become a family beach vacation residence while also serving as a lucrative short-term rental investment property.
Mainsail is a beachfront resort that spans across fifteen acres of exclusively gated, lush tropical grounds overlooking the glowing waters of the jewel-toned gulf. Many owners place these properties on rental management programs for added income when not enjoying their own family beach getaway. Our acclaimed Ocean Reef Resorts property management company represents many fine vacation rentals throughout the Emerald Coast. Annual gross rental income projections for 2024 stand at $43,325 for this beautiful beachfront residence.
Mainsail 463 has comfortable furnishings and beach-inspired décor for immediate use upon closing. The bright, open living, dining, and kitchen area has a wall of sliding glass doors and a wide window that frame the sensational gulf views. A pale blue couch and a sealife-patterned accent chair sit beside a white cocktail table on an abstract rug. A large white-washed framed mirror fills the back wall, further showcasing the beautiful beach scenery. A wall-mounted flatscreen TV above a rustic cabinet is provided for evening entertainment.
The breezy private balcony is complete with dark seaweed-patterned wrought iron chairs to enjoy favorite drinks and the gorgeous Gulf vistas. Direct balcony access is also available off the primary bedroom suite.
An antique circular hardwood table with four white vintage-modern chairs sits beside a wall of sliding glass doors for Gulf-view dining.
The adjacent open kitchen has three classic round hardwood-topped bar stools beside a veined granite entertainment bar for additional wining and dining. The state-of-the-art kitchen has brushed stainless steel appliances, white custom cabinetry, and granite-topped counters to fulfill your culinary needs.
The primary bedroom has contemporary coastal-styled furnishings with a queen-sized bed near a wall of sliding glass balcony doors for glorious Gulf views. A regal white dresser with a flatscreen TV sits beside a lovely marine life patterned dressing chair.
A private ensuite bath includes a granite-topped vanity sink cabinet near a side wall of louver shutter door closets and a separate tub-shower combination.
The guest bedroom has a sunny window with white-washed furnishings, including a queen-size bed and a dresser with a flatscreen TV.
A full hall bath with a granite-topped vanity sink and a tub-shower combination is attached to the guest bedroom, which also serves as a convenient powder room.
Besides the beautiful beach, abundant amenities include two sparkling swimming pools. The south pool pavilion is centered between the two buildings directly across from the beach. The lush, tropically landscaped grounds feature an expansive palm-studded patio, a large pool, a bubbling hot tub, and a wading pool for the kids. There is also a colorful playground with a unique mini waterfall where kids can frolic around in delight as the water splashes down upon them. A walkway leads across the lovely grounds to the resort’s sugary shoreline with a beach service for chair and umbrella reservations. Another pool is located across an expanse of lush lawn on the north side of the resort. Two cookout stations are provided to enjoy outdoor grilling with family and friends. A fitness center overlooks the pool, which includes showers, dressing areas, and a sauna. There are also four tennis courts, a basketball court, and a shuffleboard court, which are lighted for night play. An arcade game room is provided for kids when they’re not splashing around in the pool or at the beach. Owners also enjoy an events room available with a lounge, dining area, full kitchen, banquet equipment, and a surround sound stereo system provided for special gatherings.
Mainsail has a premier Miramar Beach locale minutes from popular Gulf-front restaurants, friendly beach bars, grocery stores, wine shops, and one of the nation’s largest discount designer centers, Silver Sands Premium Outlets. This fashionable shopping mecca offers bargains on over 100 world-class designer goods. Restaurants with casual bars, specialty shops, fashion boutiques, fine clothiers, and a multiplex movie theater are only minutes away at the swank Sandestin Resort town center of Grand Boulevard. The absolutely enchanting Village of Baytowne Wharf is also nearby, and was inspired by architecture found in the French Quarter of New Orleans. It sits directly on the Choctawhatchee Bay, offering a wide array of great restaurants, fun bars with live music, unique family amusements, fun year-round festivals, outdoor concerts, and vibrant seasonal firework celebrations.
This updated two-bedroom condo is listed at $675,000, which is very competitively priced at $558.77 per square foot. Currently, there are only three other condos with two bedrooms for sale at Mainsail. They are listed at $649,000, $699,000, and $720,000, for a combined total of $570.64 per square foot.
Take advantage of this great purchase opportunity today! Contact our Ocean Reef Real Estates Sales office now at 877-392-6085. We will provide a professional comparative market analysis with complete details on the other comparable Mainsail listings, those with pending contracts, and condos sold here within the past twelve months. We can also provide detailed rental history from our Ocean Reef Resorts property management team. Once you are fully and comfortably informed, we will be happy to arrange your private tour of this immaculate beachfront resort. See you on the shore soon!