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$1,690,000

For Sale

2 days ago

261 Open Gulf St, Miramar Beach, FL

House

MLS® 998676

6 Bed

5 Bath

--

4 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes $12,352
Days Active 1
Lot Size 0.09 acres
Approx. Age 2003
MLS® Number 998676

Property Address: 261 Open Gulf St, Miramar Beach, FL, 32550-8104

Average square foot calculated using Size range provided by listing agent.

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 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. Neither Airbnb nor VRBO offer a transfer option. However, the seller will make all reasonable efforts to facilitate the transfer of 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.
MLS® Number998676
Laundry Level
Central VacNo
FireplaceNo
Acreage0.09
Exterior
GarageNo
Approx. Age2003
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:Third Floor12 × 13 ft
Other:First Floor10 × 13 ft
Master Bedroom:Second Floor12 × 14 ft
Family Room:Second Floor17 × 18 ft
Other:First Floor12 × 12 ft
Other:Second Floor12 × 13 ft
Kitchen:First Floor12 × 12 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 23, 2026List Date
$1,690,000List Price
  • Commute

Commute

Starting Address
Destination Address
261 Open Gulf St, Miramar Beach, FL

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