Address
5002 S Sandestin Boulevard 6431, Miramar Beach, FL
Price
$ 559,000
Property Attributes
- MLS#1004479
- TypeCondos
- Listing Status Active
- CountyWalton
- CityMiramar Beach
- AreaMiramar-Sandestin Resort
- NeighborhoodLUAU II
- Zip32550
- StyleN-A
- Year Built2006
- Taxes$ 4226
- Price$ 559,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1204
Data Source:
Emerald Coast MLS (ECAR)
Property Description
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!
| Elementary School | Middle School | High School |
|---|---|---|
| Van R Butler Elementary School | Emerald Coast Middle School | South Walton High School |
| Price History | |
|---|---|
| 6/3/2026 | Listed $569,000 |
| 7/3/2026 | 2$559,000 |
General Features
| Utilities | Electric,Public Water,TV Cable |
|---|---|
| Property Subtype | Condominium |
| Community Features | Short Term Rental - Allowed,Pickle Ball,BBQ Pit/Grill,Beach,Community Room,Dumpster,Elevators,Exercise Room,Fishing,Gated Community,Golf,Laundry,Marina,Picnic Area,Playground,Pool,Separate Storage,Tennis,TV Cable,Waterfront,Whirlpool |
| County | Walton |
| Property Type | Residential |
| Subdivision Name | LUAU II |
| Status | Active |
| Directions | From Hwy 98 at Sandestin Golf and Beach Resort, Turn South onto Emerald Coast Pkwy W, Turn left onto Elephant Walk (LUAU CONDOS) Parking is around back, through a Gated Entrance. Call Agenct for Code |
| High School | South Walton |
| City | Miramar Beach |
| MLS Area | 15 - Miramar/Sandestin Resort |
| Lot Size Units | Acres |
| Elementary School | Van R Butler |
| Middle/Junior High School | Emerald Coast |
| MLS Area Minor | 1503 - Sandestin Resort |
| Standard Status | Active |
| Sewer | Public Sewer |
| View | Lake,Gulf,Bay |
| Tax Assessed Value | 1294 |
| Cooling | Central Air |
| Architectural Style | N/A |
| Construction Materials | Concrete,Stucco |
| Year Built | 2006 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | false |
| Total Rooms | 4 |
| Carport Y/N | true |
| Property Condition | Under Construction |
| Association Fee Includes | Accounting,Ground Keeping,Insurance,Internet Service,Legal,Licenses/Permits,Management,Master Association,Recreational Faclty,Repairs/Maintenance,Security,Sewer,Water,Cable TV,Trash |
| Pool Features | Pool - Heated,Pool Type |
| Unit Number | 6431 |
| HOA | true |
| Security Features | Fire Alarm/Sprinkler |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Breakfast Bar,Elevator,Lighting Recessed,Lock Out,Owner's Closet,Washer/Dryer Hookup |
| Flooring | Floor Tile,Floor Vinyl |
| Air Conditioning Y/N | true |
| Total Stories | 12 |
| Window Features | Window Treatment All |
| Furnished Y/N | Furnished - All |
Exterior Features
| Exterior Amenities | Balcony,BBQ Pit/Grill |
|---|---|
| Building Area Total | 1204 |
| Parking Features | Garage,Covered,Golf Cart Covered |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 32550
Price
Taxes
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively 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 information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
