5002 S Sandestin Boulevard 6431, Miramar Beach

$559,000

2 Beds
2 Baths
1,204 Sqft
0 Acre
0 Garage

GULF VIEWS & MAXIMUM RENTAL FLEXIBILITY! This beautifully elevated 4th-floor, southeast corner 2BR/2BA lock-off condo offers sweeping, unobstructed views of the Emerald Coast. The spacious retreat features an expansive wrap-around balcony perfect for taking in year-round sunrise and sunsets, while the independent studio layout boasts large floor-to-ceiling coastal views. This unique configuration maximizes your rental income by allowing you to rent the property in three distinct formats: as a full 2BR/2BA suite, a private 1BR/1BA getaway, OR a separate studio. Located in Luau II--Sandestin's premier resort oasis--guests enjoy a heated lagoon pool with a swim-under waterfall, walk-under grotto, heated spa, fitness center, and outdoor grilling patio. Just steps from sugar-white sand beaches, this turnkey property is fully SIRS-compliant with healthy reserves, making it the ultimate addition to your investment portfolio!

Essential Information
MLS® #1004479
Price$559,000
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,204
Year Built2006
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusActive
Community Information
Area15 - Miramar/Sandestin Resort
SubdivisionLUAU II
CityMiramar Beach
CountyWalton
StateFL
Zip Code32550
Address

5002 S Sandestin Boulevard 6431

Amenities
ViewBay, Gulf, Lake
Has PoolYes
PoolHeated
Utilities

Electric, Public Sewer, Public Water, TV Cable

Parking

Golf Cart Garage, Garage, Covered

Interior
CoolingCentral Air
Interior Features

Breakfast Bar, Recessed Lighting, Lock Out, Owner's Closet, Washer/Dryer Hookup, Elevator

Appliances

Dishwasher, Disposal, Dryer, Microwave, Washer

Exterior
Exterior FeaturesOutdoor Grill, Balcony
WindowsWindow Treatments
RoofMetal
ConstructionConcrete, Stucco
School Information
ElementaryVan R Butler
MiddleEmerald Coast
HighSouth Walton
Office

The Agency Northwest Florida Beaches

Property History
Price Reduced from $569,000 to $559,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on July 19th, 2026 at 1:37am CDT.