The Crescent Destin

50 Monaco Street, Miramar Beach, Florida 32550

The Crescent is a four-story beachfront resort complex with a highly sought after location right off Scenic Gulf Drive in Miramar Beach at 50 Monaco Street. Residents and their guests enjoy an absolutely gorgeous setting in a lushly landscaped tropical oasis beside the beach. The Crescent is a privileged residency with only 68 residences, including one-bedroom condos with about 1,000 square feet up to four-bedroom units with 2,069 square feet. The Crescent provides a beautiful world unto itself, which seems serenely remote, yet it is in the heart of everything Miramar Beach has to offer. Read more...

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More About The Crescent

The curvature of the building embraces a giant lavish lagoon-shaped palm-studded swimming pool overlooking the glowing, glittering waters of the jewel-toned Gulf. The Crescent faces toward the southwest, which provides panoramic views of the shore and showcases spectacular sunsets that occur over the water, especially from early October thru early March. A virtual forest of towering palm trees and other indigenous plantings on the resort grounds provide an enchanting tropical look. Another pool tucked in beside the main lagoon pool is provided for the kids, and a bubbling Hot Tub nearby offers soothing relaxation for adults. A boardwalk and staircase lead down the sugary dune to the bright private beach below. Within no time at all, you may go from splashing around enjoying a wonderful freshwater dip in the pool to luxuriating in the glowing waters of the Gulf or hanging out on the beautiful beach. A spacious patio around the pool provides another perfect place for leisurely relaxation since grills are available for fun poolside cookouts. Other resort amenities include a fun Video Arcade Room and a state of the art fitness center on-site.

The Crescent Vacation Rental Statistics

It’s no wonder then that owners who rent units out when not using them for their own family vacations gain lucrative income. Our esteemed Ocean Reef Resorts vacation management division handles many of these properties for owner clients with gross rental income estimates as follows: $25,000 to $30,000 for a one-bedroom; $35,000 to $40,000 for a two-bedroom; $45,000 to $50,000 for a three-bedroom and $55,000 to $60,000 for a four-bedroom. Established gross rental income data and history can be provided upon request.

The Crescent's Location

This precious piece of paradise has a fantastic location just minutes away from popular beachfront restaurants with friendly beach bars along Scenic Gulf Drive. You can actually walk down the beach to The Surf Hut since it is right next door. Grocery stores, wine outlets, and one of the nation’s largest designer discount centers, known as the Silver Sands Premium Outlets, are also a short distance away. A wide array of family amusements, wonderful restaurants, lively bars, specialty shops, boutiques, free outdoor concerts, fun festivals throughout the year and fantastic seasonal fireworks are also close by at the captivating New Orleans French Quarter inspired Village of Baytowne Wharf as well as the upscale town center of Grand Boulevard in Sandestin.