5002 S Sandestin Boulevard 6431/6433
Miramar Beach, FL 32550
$559,000
Active
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!
Listing details MLS# 1004479
Location, Tax and Legal
- Area
- 15 - Miramar/Sandestin Resort
- Sub area
- 1503 - Sandestin Resort
- Subdivision
- LUAU II
- County
- Walton
- Parcel ID
- 35-2S-21-42600-000-6431
- Tax year
- 2025
- Annual tax
- 4226.48
- Legal description
- UNIT 6431/6433 LUAU CONDO PH II OR 2721-1832 OR 2722-3153 OR 2885-1574 OR 2892-3634 OR 2892-3635 OR 3094-269
General Property Info
- Property type
- Residential
- Year built
- 2006
- Stories
- 12
- New construction
- No
- Condition
- Under Construction
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Full baths
- 2
- Half baths
- 0
- Building area
- 1204
- Cooling
- Central Air
- Flooring
- Floor Tile, Floor Vinyl
- Interior features
- Breakfast Bar, Elevator, Lighting Recessed, Lock Out, Owner's Closet, Washer/Dryer Hookup
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
- Total rooms
- 4
Exterior and Site
- Construction
- Concrete, Stucco
- Roof
- Roof Metal
- Exterior features
- Balcony, BBQ Pit/Grill
- Parking
- Garage, Covered, Golf Cart Covered
- Pool
- No
- Pool features
- Pool - Heated, Pool Type
- View
- Lake, Gulf, Bay
Utilities
- Utilities
- Electric, Public Water, TV Cable
- Sewer
- Public Sewer
Schools
- Elementary
- Van R Butler
- Middle school
- Emerald Coast
- High school
- South Walton
Association and Fees
- Association
- Yes
- Association fee
- 1294.86
- Fee frequency
- Monthly
- Fee includes
- Accounting, Ground Keeping, Insurance, Internet Service, Legal, Licenses/Permits, Management, Master Association, Recreational Faclty, Repairs/Maintenance, Security, Sewer, Water, Cable TV, Trash
Remarks and Misc
- 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
