New Listing
8593 Magnolia Bay Lane, Miramar Beach
$1,095,000 - 3 Beds, 4 Baths, 1,997 Sf
MLS® # 1013639
1987 Scenic Gulf Drive Unit B5, Miramar Beach
$1,450,000
3 Beds
3 Baths
1,312 Sqft
.07 Acre
0 Garage
Direct Gulf Views | Gulf-Front Investment Opportunity!!
LOCATION IS EVERYTHING! Lovingly owned and enjoyed by its original owners, this fully furnished property has never been part of a short-term rental program, offering a rare opportunity to make it your own while enjoying the character of a home that has been personally cared for over the years.
ASK FOR RENTAL POTENTIAL! OVER 150K! The property is ready for your vision and would benefit from updates, creating an opportunity to refresh the interiors and make the most of its incredible Gulf-front setting. Short-term rentals are permitted, giving buyers the flexibility to enjoy the property as a personal beach retreat while exploring its income potential.
BRING AN OFFER!
Fully furnished and ready for its next chapter, this is an opportunity to invest in what matters most: a true Gulf-front location, panoramic water views, and the chance to create a beach property that reflects your vision. Opportunities to own directly on the Gulf in Miramar Beach are special... come see the potential for yourself. EASY SHOW! ASK FOR THE CASH FLOW SHEET!
Essential Information
MLS® #1013842
Price$1,450,000
Bedrooms3
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage1,312
Acres0.07
Year Built1980
TypeResidential
Sub-TypeTownhouse
StyleBeach House
StatusActive
Community Information
Address1987 Scenic Gulf Drive Unit B5
Area15 - Miramar/Sandestin Resort
SubdivisionCOSTA DEL SOL T/H
CityMiramar Beach
CountyWalton
StateFL
Zip Code32550
Amenities
ViewGulf
Is WaterfrontYes
Utilities
Public Sewer, Public Water, TV Cable
Waterfront
Gulf, Shore - Beach, Waterfront
Interior
HeatingCentral
CoolingCentral Air
# of Stories3
Interior Features
Breakfast Bar, Decorating Allowance, Lock Out, Washer/Dryer Hookup
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Washer
Exterior
WindowsWindow Treatments
RoofMetal
School Information
ElementaryVan R Butler
MiddleEmerald Coast
HighSouth Walton
Additional Information
ZoningResid Single Family
Listing Details
OfficeCorcoran Reverie SRB
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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 3:22pm CDT.
