122 Stewart Lake Cove UNIT 278
Miramar Beach, FL 32550
$599,000
Active
Description
Value-add opportunity in the heart of Seascape Resort. This 3-bedroom, 2-bath, 1,546 sq ft residence at 122 Stewart Lake Cove offers two private balconies with lake and Gulf views, steps from the beach and Seascape's amenities. Open living area, split-bedroom layout, and in-unit laundry. Priced to reflect condition, this is an honest, numbers-first listing for the buyer who sees potential rather than one who wants a staged illusion. A licensed local contractor, Destination Builders Group LLC (Lic. CGC1517400), has already scoped a full bathroom renovation at approximately $42,000, giving buyers a real, quoted path to updating the home rather than a guess. The identical floorplan next door, Unit 279, sold for $664,000 in July 2025 in better cosmetic condition, real documented upside for a buyer ready to execute. New HVAC installed June 2025 removes a major capital item from any renovation budget. Verified rental income history (host payout statements, 2024 through 2026) available on request for investor buyers evaluating cash flow and post-renovation projections. Nearby Grove redevelopment adds long-term neighborhood upside. Seascape Resort offers golf, tennis, resort-style pools, and deeded beach access. Sellers are motivated and realistic about condition, and this listing is built on full transparency: what you see is what you get, and the numbers hold up under scrutiny. Bring your vision, the math already works here. Schedule your showing today.
Listing details MLS# 973196
Location, Tax and Legal
- Area
- 15 - Miramar/Sandestin Resort
- Sub area
- 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
- Subdivision
- SEASCAPE CONDO PH 7
- County
- Walton
- Parcel ID
- 29-2S-21-42760-000-0278
- Tax year
- 2024
- Annual tax
- 5449.19
- Legal description
- UNIT 278 SEASCAPE CONDO PH 7 SUBPHASE 1 & AN UNDIVIDED INTEREST IN COMMON ELEMENTS AS REC IN OR 341-694 OR 857-68 OR 1506-294 OR 2494-1278 OR 2906-96 OR 3033-561 OR 3215-789
General Property Info
- Property type
- Residential
- Year built
- 1985
- Stories
- 2
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 3
- Bathrooms
- 3
- Full baths
- 3
- Half baths
- 0
- Building area
- 1546
- Cooling
- Central Air
- Flooring
- Floor Hardwood
- Interior features
- Ceiling Vaulted, Kitchen Island, Owner's Closet, Washer/Dryer Hookup
- Appliances
- Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
- Total rooms
- 5
Exterior and Site
- Exterior features
- Balcony
- Patio and porch
- Patio Enclosed
- Pool features
- Pool Type
Utilities
- Utilities
- Electric, Public Water
- Sewer
- Public Sewer
Schools
- Elementary
- Van R Butler
- Middle school
- Emerald Coast
- High school
- South Walton
Association and Fees
- Association
- Yes
- Fee includes
- Accounting, Ground Keeping, Insurance, Internet Service, Legal, Management, Master Association, Security, Water, Cable TV, Trash
Remarks and Misc
- Directions
- Seascape Security gate on Hwy 98 or on Scenic 98 to Stewart Lake to Building 122
