3 Beds
2 Baths
1,040 SqFt
3 Beds
2 Baths
1,040 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,040 sqft
Price per Sqft $490
Subdivision Maravilla Condo 1
MLS Listing ID 982099
Bedrooms 3
Full Baths 2
HOA Y/N Yes
Year Built 1997
Annual Tax Amount $3,624
Tax Year 2024
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 1040
Property Description
Well-appointed ground-floor 3-bedroom, 2-bath condo in the sought-after Maravilla community--a gated, amenity-rich complex in the heart of Miramar Beach. Features include updated furnishings, tile flooring throughout, keyless entry, in-unit washer/dryer, a 2019 hot water heater (beneficial for insurance), and a brand-new 2025 HVAC with a 10-year warranty.
Guest pet-friendly--an uncommon, high-demand feature that enhances rental appeal. Offering approximately 1,040 square feet of interior space, this unit is sold fully furnished and rental-ready, with strong short-term rental demand and projected gross income of $45,000-$50,000 annually. Located in Building 1, this property offers direct access with no stairs or elevators, convenient parking, and close proximity to the private beach entrance. The interior features updated furnishings, tile flooring throughout, keyless entry, an in-unit washer and dryer, and a brand-new HVAC system (2025) with a 10-year warranty, ensuring long-term peace of mind and reduced future operating costs. Maravilla is pet-friendly for guestsan uncommon, high-demand amenity in this market.
Community features include over 500 feet of private deeded beach, 2 swimming pools (one seasonally heated), hot tub, tennis and pickleball courts, a fitness center, clubhouse, and secure gated access. Annual, seasonal beach service (2 chairs + umbrella) is available for owners to purchase as well, enhancing guest experience and marketing appeal.
Prime location along Scenic Gulf Drive, just minutes from Pompano Joe's, Kenny D's, Captain Dave's, Silver Sands Premium Outlets, Destin Commons, and more.
This unit presents a compelling opportunity for investors seeking immediate income potential, second-home buyers looking to offset holding costs, or 1031 exchange buyers focused on performance and location.
Location
State FL
County Walton
Community Short Term Rental - Allowed, Pickle Ball, Bbq Pit/Grill, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Gated Community, Pets Allowed, Picnic Area, Pool, Tv Cable
Area 15 - Miramar/Sandestin Resort
Direction From Hwy 98 & Danny Wuerffel Way, head east on 98. Turn right into Maravilla. Go through the gate and take the first right. Follow the road past the cottages on your left. Turn into the Maravilla Condos lot. Pass Building 4, the clubhouse, and dumpsters--Building 1 will be ahead. Unit 1111 is on the ground floor.
Rooms
Kitchen true
Interior
Interior Features Breakfast Bar, Lighting Recessed, Pantry, Washer/Dryer Hookup
Heating Central
Cooling Ceiling Fans, Central Air
Flooring Floor Tile, Floor WW Carpet
Furnishings Furnished - All
Appliance Dishwasher, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Washer, Water Heater - Elect
Exterior
Exterior Feature Sprinkler System, Covered Patio, Sprinkler System
Pool Pool Type
Community Features Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Gated Community, Pets Allowed, Picnic Area, Pool, TV Cable
Utilities Available Community Water, Electric, TV Cable
View Gulf
Roof Type Metal
Porch Patio Covered
Garage No
Building
Faces From Hwy 98 & Danny Wuerffel Way, head east on 98. Turn right into Maravilla. Go through the gate and take the first right. Follow the road past the cottages on your left. Turn into the Maravilla Condos lot. Pass Building 4, the clubhouse, and dumpsters--Building 1 will be ahead. Unit 1111 is on the ground floor.
Sewer Community Sewer, Public Sewer
New Construction No
Schools
Elementary Schools Van R Butler
Middle Schools Emerald Coast
High Schools South Walton
Others
Pets Allowed No
HOA Fee Include Accounting,Advertising,Ground Keeping,Insurance,Internet Service,Legal,Licenses/Permits,Management,Master Association,Recreational Faclty,Repairs/Maintenance,Security,Services,Sewer,Water,Cable TV,Trash
Tax ID 30-2S-21-42782-000-1111
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