1160 Scenic Gulf Dr A1103, MIRAMAR BEACH
MLS® # 918324
Posted by Destin Real Estate Sales on Thursday, February 23rd, 2023 at 7:30am.
The Majestic Sun is a luxury residential tower and an iconic masterpiece of design. If you have ever traveled down Scenic Gulf Drive in Miramar Beach, you have surely encountered its stately presence.
This "majestic" place resembles a giant sand castle with a soaring arch that shoots through the center of two interconnected towers. It overlooks 2,000 linear feet of the crystalline white beach. A wide promenade lined with tropical palms provides multiple convenient access points.
Besides the beautiful beach, incredible amenities include an indoor climatized swimming pool with a dramatic two-story cathedral ceiling and an entire wall of floor-to-ceiling glass windows providing stunning gulf views. A partial opening connects to the outside, where the water cascades down into another large pool.
The outdoor swimming pool features a spacious sun deck patio, two bubbling hot tubs for pampered relaxation, and vivid views of the glittering jewel-toned gulf.
An onsite fitness center features walls of windows that overlook the outdoor pool patio and glorious gulf.
All condos feature open living, dining, and kitchen areas with a bright, spacious look. Floor-to-ceiling walls of sliding glass doors leading out to the beach balconies provide abundant natural light and views of the glorious gulf. Each property includes nine-foot ceilings, stone countertops with entertainment bars, state-of-the-art kitchens, and luxurious primary suites.
The balconies are all directly accessible from the open living areas and primary suites, along with an additional guest bedroom in the larger three-bedroom residences.
These luxurious beach towers feature upscale condos with one, two, and three-bedroom properties. One-bedroom units with an ensuite primary bath and a full hall bath encompass 833 square feet. Two-bedroom properties with one ensuite primary bath and a full hall bath have 1,139 square feet. Three-bedroom residences with two ensuite luxury baths and a full hall bath include 1,583 square feet. There are five three-bedroom vacation residences on the Penthouse level with two ensuite baths and a full hall bath encompassing 1,610 square feet. There is also a top-floor Penthouse with five bedrooms and seven full luxury baths spanning 3,336 square feet.
This fantastic location with a capital "L" is in the very heart of Miramar Beach, minutes away from popular waterfront restaurants with friendly beach bars. Some of them are just a short stroll down the beach, including the Whale's Tail which usually has a welcoming volleyball game in progress; The Royal Palm Grill at the nearby Surfside Resort with poolside dining along with sunset bonfires on the beach and The Surf Hut which features fresh gulf caught seafood in a captivating surfer-styled setting overlooking the gorgeous gulf. This locale is also close to grocery stores and bargain shopping for world-class designer goods at the famed Silver Sands Premium Outlets. A lush forested championship golf course, a professional tennis center, and recreational beach rentals are also available onsite at the Seascape Resort. Abundant amusements, wonderful restaurants, lively bars, specialty shops, outdoor concerts, elaborate festivals, and vibrant seasonal firework displays are also nearby. They are located at the enchanting Village of Baytowne Wharf, inspired by the French Quarter's architectural designs, and the tropically urbane Grand Boulevard at Sandestin Golf & Beach Resort.
Currently, only three condos for sale at the Majestic Sun. They include a two-bedroom condo with 1,139 square feet listed for $749,000, which comes in at $657.59 per square foot. Two properties with one bedroom, each encompassing 833 square feet, are listed at $560,000, which comes in at $672.27 per square foot, and $584,000, which comes in at $701.08 per square foot. All are being sold completely furnished and beautifully decorated. There are two other units pending contracts, which both have one bedroom and 833 square feet. They were listed at $549,000 and $575,000. There have been fifteen sales at Majestic Sun within the past twelve months. They sold in a range from $550,000 for a one-bedroom property with 833 square feet up to $1,050,000 for a three-bedroom residence with 1,610 square feet. The average sale price for all sold properties stood at $733,927, with an average price per square foot average of $665.23.
MLS® # 918324
MLS® # 919634
MLS® # 919210
MLS® # 919533
MLS® # 913132
MLS® # 909683
Contact our Ocean Reef Real Estate Sales office today at 877-392-6085 for more information and to schedule a tour of these popular Majestic Sun condos for sale. We will gladly provide a detailed comparative market analysis showing all active listings, pending sales, and properties sold here within the past twelve months. Our highly acclaimed Ocean Reef Resorts property management division can also provide gross annual rental income data on comparable vacation rentals upon request. An average annual gross rental income for one-bedroom properties stands at $43,177, $52,956 for a two-bedroom unit, and $90,238 for a three-bedroom vacation residence. The one and only five-bedroom Penthouse on our rental program averages a gross annual rental income of $187,500. With this valuable information, we promise to help you make the right purchase option when buying your new dream vacation condo. See you on the shore!
DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2023, All rights reserved.
Vendors Member Number : 28325
Listing information last updated on March 26th, 2023 at 10:46am CDT.