8603 Magnolia Bay Lane, Miramar Beach
$864,900 - 3 Beds, 3 Baths, 1,618 Sf
MLS® # 1013307
264 Eagle Drive, Miramar Beach
$729,000
3 Beds
3 Baths
1,543 Sqft
.05 Acre
0 Garage
Welcome to resort living at its finest in the highly sought after Fairways neighborhood of Sandestin Golf & Beach Resort®. This beautiful fully furnished 3 bedroom, 3 bath townhome with loft offers peaceful views of the pond, Links Golf Course, and Choctawhatchee Bay, creating the perfect setting for morning coffee and spectacular sunsets from the expansive rear deck. The thoughtfully designed floor plan features two ensuite bedrooms on the main level, including the primary suite, while the upstairs offers a private double twin beds guest suite with its own bath and a versatile loft with skylights, ideal for a home office, additional living area, or extra sleeping accommodations.
Designed for effortless coastal living, the open concept living, dining, and kitchen areas are filled with natural light and feature granite countertops, coastal inspired finishes, and comfortable furnishings. Sold fully furnished (less a few art pieces) and complete with a golf cart, this turnkey property is ready to enjoy from day one.
Whether you're searching for a primary residence, second home, or income producing investment, this property delivers exceptional value with proven rental performance, generating $56,959 in 2023, $48,986 in 2024, and $46,613 in 2025, with $27,201 in gross rental revenue through June 2026 and an additional $14,902 in future reservations already on the books. Buyers who continue with My Vacation Haven may benefit from existing reservations, established marketing, repeat guests, and no startup costs.
Enjoy the unmatched lifestyle of Sandestin Golf & Beach Resort®, offering over 2,400 acres of amenities including private beach access, four championship golf courses, a full service marina, tennis, pickleball, walking and biking trails, Baytowne Wharf®, Grand Boulevard®, shopping, dining, and year round entertainment, all just a golf cart ride away. Located in Flood Zone X, flood insurance is not required by most lenders, though the current owner maintains a policy. For added peace of mind, the seller is offering a one year home warranty to the buyer with an acceptable offer. This exceptional home offers the perfect blend of luxury, lifestyle, and investment opportunity.
Essential Information
MLS® #1008781
Price$729,000
Bedrooms3
Bathrooms3.00
Full Baths3
Square Footage1,543
Acres0.05
Year Built1983
TypeResidential
Sub-TypeTownhouse
StyleTownhome
StatusActive
Community Information
Address264 Eagle Drive
Area15 - Miramar/Sandestin Resort
SubdivisionFAIRWAYS AT SANDESTIN
CityMiramar Beach
CountyWalton
StateFL
Zip Code32550
Amenities
ViewBay, Pond
Utilities
Electric, Phone, Public Sewer, Public Water, TV Cable
Interior
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
# of Stories2
Interior Features
Breakfast Bar, Cathedral Ceiling(s), Vaulted Ceiling(s), Recessed Lighting, Owner's Closet, Pantry, Walls Mirrored, Washer/Dryer Hookup
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Washer
Exterior
WindowsSkylight(s), Window Treatments
RoofComposite Shngl
ConstructionFrame, Wood Siding, Trim Wood
Exterior Features
Outdoor Grill, Sprinkler System, Yard Building
Lot Description
Covenants, Easements, On Golf Course, Interior Lot, Level, Restrictions, Within 1/2 Mile to Water, Wooded
School Information
ElementaryVan R Butler
MiddleEmerald Coast
HighSouth Walton
Zoning
Deed Restrictions, Resid Single Family
Office
The Agency Northwest Florida Beaches
Property History
Price Reduced from $790,000 to $729,000
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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 15th, 2026 at 1:37am CDT.
