New Listing
548 Sandy Cay Drive Unit 214, Miramar Beach
$500,000 - 2 Beds, 2 Baths, 1,046 Sf
MLS® # 1013830
5002 S Sandestin Boulevard 6431/6433, 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 lockout, is in southeast corner 2BR/2BA of Luau 2, that offers sweeping, 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 6431/6433
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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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, Copyright2026, All rights reserved.
Vendors Member Number : 28325
Listing information last updated on October 16th, 2026 at 4:52pm CDT.
