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114 Mainsail Dr Unit 463, Miramar Beach, FL, 32550

$594,999

Home List Price

$7,066*

Closing Credit

2 Bedrooms
2 Full Baths
1,014 SqFt
$587/SqFt
Condo
Schools Nearby

Location

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114 Mainsail Dr Unit 463, Miramar Beach$594,999

Buyer Closing Credits

$7,066*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1985
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontGulf, Sandy Shoreline
ViewGulf
MLS #944518
StatusActive

About 114 Mainsail Dr Unit 463

Are you looking for a fully furnished, rental-ready investment right on the beach? Do you want a property that has been recently updated with assessments already completed and paid for? Look no further . . . this 2 bedroom, 2 bath remodeled condo on the sixth floor is absolutely stunning, and it has the potential for $60,000+ in rental income! The open concept living space and breathtaking coastline views create an inviting atmosphere thats perfect for enjoying both indoor and outdoor relaxation. The well-equipped kitchen with plenty of cabinet and countertop space is perfect for casual dining or entertaining guests. The bar height breakfast bar provides extensive counter space if you feel like cooking at home, and it doubles as an additional eating area with bar stools on the living room side. In the living room, the oversized mirror makes the space look double in size, and it reflects the beauty of the Gulf. Youll also find ample seating and a wall-mounted TV. Why watch the TV, though, when you have a beautiful view and additional seating on the balcony? Enjoy your meals inside at the table near the floor-to-ceiling windows, or outside enjoying the landscape of crystal blue water and a white sand beach. The large primary bedroom suite is a luxurious retreat, complete with balcony access, coastline views, a dressing area, and a private bathroom, offering a perfect blend of comfort and convenience. An additional bedroom with private access to the full hallway bath provides both flexibility and privacy for guests or family members. When you purchase in Mainsail, you are buying an amazing waterfront property with incredible amenities. Not only do you have deeded access to a private beach, you can also enjoy the pool, hot tub, fitness room, tennis courts, shuffleboard, and community grills. In addition, locally owned restaurants like Surf Hut, Bistrology, Austons and Lillies Q Barbeque are less than a mile away, and the Silver Sands Premium Outlet stores are practically across Highway 98 from the Mainsail entrance! Everything you need and everything you could want are easily accessible from your beautiful new home away from home! Questions? Want to see a cash flow sheet? Let me know!!

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1985
  • Living Area: 1,014 SqFt

Listing Office:

  • Office Name: Emerald Coast Beach Homes LLC, FIV Realty Co Florida LLC
  • Office Phone: (850) 424-1148
  • Listing Agent: The ECBeachHomes Group, Jacklyn Riley

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Self Cleaning Oven, Refrigerator, Range, Electric Oven, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Washer/Dryer Hookups

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf
  • Exterior: Balcony

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • South Walton High School, Public District Grades 9-12
  • Freeport Senior High School, Public District Grades 9-12
  • Walton High School, Public District Grades 9-12
  • Emerald Coast Middle School, Public District Grades 5-8
  • Freeport Middle School, Public District Grades 5-8
  • Walton Middle School, Public District Grades 6-8
  • Van R. Butler Elementary School, Public District Grades PK-4
  • Bay Elementary School, Public District Grades PK-4
  • Freeport Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Building 4 6th floor Mainsail Resort is on the very East End of Scenic Gulf Drive...Going into Mainsail, go to the guard gate. Take a right after the guard gate and follow the road around until you come to the condos by the Gulf. Building 4 is the closest to the tennis courts. 463 is on the 6th floor

Price Information

Listing Price Info

Price Summary:

  • List Price: $594,999
  • Price Per SqFt: $587/SqFt

HOA Fees:

  • Amount: $2749
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,277
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miramar Beach, FL.

Med. Sold Price

$725.5K

Med. Price/SqFt

$487

Avg. Days On Market

85

# of Sold Homes

47

114 Mainsail Dr Unit 463 vs Miramar Beach

45 DAYS ON ROCKET

-40 Days

$594,999

-$130.5K Less

$587/SqFt

+$99 More

KEY TAKEAWAY

This property is $130.5K less than the Median Sold Price and $99/SqFt more than other homes in Miramar Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #944518

Listing Office:

  • Office Name: Emerald Coast Beach Homes LLC, FIV Realty Co Florida LLC
  • Office Phone: (850) 424-1148
  • Listing Agent: The ECBeachHomes Group, Jacklyn Riley

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 27, 2019Home Sold
$327,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,277$228,150
2019$1,812$176,602
2017$1,516$152,931

History based on county public records data.

Payment Calculator

$3,953

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-984427
8
/10
  • Van R. Butler Elementary School

  • 6694 W County Highway 30a

  • 5.17 miles

  • Public District Grades PK-4

school-card-donut-984428
7
/10
  • Bay Elementary School

  • 118 Gilmore Rd

  • 13.64 miles

  • Public District Grades PK-4

school-card-donut-984429
6
/10
  • Freeport Elementary School

  • 15381 Us Hwyy 331 South

  • 15.93 miles

  • Public District Grades PK-4

Middle School

school-card-donut-984430
6
/10
  • Emerald Coast Middle School

  • 4019 Us Hwy 98e

  • 6.03 miles

  • Public District Grades 5-8

school-card-donut-984431
6
/10
  • Freeport Middle School

  • 360 Kylea Laird Dr

  • 15.56 miles

  • Public District Grades 5-8

school-card-donut-984432
4
/10
  • Walton Middle School

  • 625 Park Ave

  • 27.30 miles

  • Public District Grades 6-8

High School

school-card-donut-984433
8
/10
  • South Walton High School

  • 645 Greenway Trl

  • 9.98 miles

  • Public District Grades 9-12

school-card-donut-984434
8
/10
  • Freeport Senior High School

  • 12615 Us Hwy 331 South

  • 18.14 miles

  • Public District Grades 9-12

school-card-donut-984435
5
/10
  • Walton High School

  • 449 Walton Rd

  • 28.67 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,587. Typical income of Miramar Beach, FL residents is between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 114 Mainsail Dr Unit 463

What is the listing price of this property?

The listing price of 114 Mainsail Dr Unit 463 property is $594,999.

What type of property is this?

The property 114 Mainsail Dr Unit 463 is a condo located in Miramar Beach, Florida, 32550.

Is this property for sale now?

Active Listing: 114 Mainsail Dr Unit 463 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 114 Mainsail Dr Unit 463 are:
Van R. Butler Elementary School: GreatSchools Rating 8/10
Bay Elementary School: GreatSchools Rating 7/10
Freeport Elementary School: GreatSchools Rating 6/10
Emerald Coast Middle School: GreatSchools Rating 6/10
Freeport Middle School: GreatSchools Rating 6/10
Walton Middle School: GreatSchools Rating 4/10
South Walton High School: GreatSchools Rating 8/10
Freeport Senior High School: GreatSchools Rating 8/10
Walton High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,277 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 27, 2019 for $327,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 114 Mainsail Dr Unit 463 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 114 Mainsail Dr Unit 463 is 1,014 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 114 Mainsail Dr Unit 463 is 1985.

Rocket HomesFloridaWalton CountyMiramar Beach32550114 Mainsail Dr Unit 463

This home is located at 114 Mainsail Dr Unit 463 in Miramar Beach, FL and zip code 32550. This 1,014 square foot home was built in 1985. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $594,999.

While more than 1 listings in Miramar Beach, FL in March 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 41 were sold below. Between February 2024 and March 2024, Miramar Beach, FL real estate market has seen increase in the number of listings by 13.3%. The median list price of listings available in March 2024 was $725,500, while the average time on the real estate market was 85 days.

From Rocket Homes Real Estate and based on county public records data.

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