261 Open Gulf St, Miramar Beach, FL 32550
- $1,690,000
- 6
- BD
- 5
- BA
- 2,826
- SqFt
- Sold Price
- $1,690,000
- List Price
- $1,690,000
- Closing Date
- Aug 18, 2026
- Days on Market
- 148
- MLS#
- 998676
- Status
- CLOSED
- Type
- Single Family Residential
- Subtype
- Detached Single Family
- Bedrooms
- 6
- Bathrooms
- 5
- Full Bathrooms
- 5
- Living Area
- 2,826
- Lot Size
- 3,920
- Neighborhood
- Miramar Beach S. of 98 w/exception of Sandestin Resort
Property Description
Short term rental powerhouse featuring a spacious coastal home with ocean views from every floor, direct beach access from the front door, private seasonally heated pool, and massive 22 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Less than 300 feet from direct beach access ensures high occupancy. Includes complimentary paddleboards and kayaks for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Seller will make all reasonable efforts to facilitate the transfer of future reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections are included in the documents section of this listing.
Additional Information
- Acres
- 0.09
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
- Style
- Contemporary
- Elementary School
- Van R Butler
- Exterior Features
- Outdoor Grill, Balcony, In Ground Pool
- High School
- South Walton
- Interior Features
- Breakfast Area, Recessed Lighting, Lock Out, Washer Hookup, Newly Painted
- Legal Description
- Lot 1 Buena Vista S/D Pb 9-8 Or 1885-377 Or 2362??922 Or 2790-2802 Or 2849-4862 Or 2837-198 Or 2851-3546 Or 3214-4509
- Lot Features
- Corner Lot, Dead End Street, Flood Insurance, Irregular Lot, Irregular Lot, Level
- Middle School
- Emerald Coast
- Neighborhood
- Miramar Beach S. of 98 w/exception of Sandestin Resort
- Stories
- 3
- Subdivision
- Buena Vista
- View
- Gulf
- Year Built
- 2003
- Zoning
- Resid Single Family
Mortgage Calculator
Listing courtesy of Century 21 Wimco Realty Inc. Selling Office: .
Vendor Member Number : 28166