261 Open Gulf Street, Miramar Beach

$1,690,000

6 Beds
5 Baths
2,826 Sqft
.09 Acre
0 Garage

Short term rental powerhouse featuring a spacious coastal home with ocean views from every floor, direct beach access from the front door, private seasonally heated pool, and massive 22 person sleeping capacity to maximize revenue.

Designer furnishings, professional photography and full inventory to convey for immediate revenue generation.

Less than 300 feet from direct beach access ensures high occupancy. Includes complimentary paddleboards and kayaks for added guest appeal.

Designed from the ground up to ensure easy, low cost maintenance and best possible yield.

Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.).

Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved.

Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection.

Seller will make all reasonable efforts to facilitate the transfer of future reservations.

The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price.

Most recent appraisal and inspections are included in the documents section of this listing.

Essential Information
MLS® #998676
Price$1,690,000
Sold Price$1,690,000
Date Sold$2026-08-18
Bedrooms6
Bathrooms5.00
Full Baths5
Square Footage2,826
Acres0.09
Year Built2003
TypeResidential
Sub-TypeDetached Single Family
StyleContemporary
StatusSold
Community Information
Address261 Open Gulf Street
Area15 - Miramar/Sandestin Resort
SubdivisionBUENA VISTA
CityMiramar Beach
CountyWalton
StateFL
Zip Code32550
Amenities
ViewGulf
Has PoolYes
PoolAbove Ground, In Ground
Utilities

Electric, Public Sewer, Public Water

Interior
HeatingCentral
CoolingCeiling Fan(s)
# of Stories3
Interior Features

Breakfast Bar, Recessed Lighting, Owner's Closet, Washer/Dryer Hookup, Woodwork Painted

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater

Exterior
WindowsWindow Treatments
Exterior Features

Outdoor Grill, Balcony, Pool - Gunite Concrt

Lot Description

Corner Lot, Dead End, Flood Insurance Req, Interior Lot, Irregular Lot, Level, Within 1/2 Mile to Water

Construction

Foundation Off Grade, Frame, Siding Vinyl, Wood Siding, Trim Vinyl

School Information
ElementaryVan R Butler
MiddleEmerald Coast
HighSouth Walton
Additional Information
Days on Website206
ZoningResid Single Family
Listing Details
OfficeCentury 21 Wimco Realty Inc
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Listing information last updated on October 15th, 2026 at 5:22am CDT.