2 months on rocket

259 Open Gulf St, Miramar Beach, FL, 32550

$8,250,000

7 Bedrooms
6 Full Baths, 1 Partial
5,372 SqFt
$1,536/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2014
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontGulf
ViewGulf
Private PoolYes
MLS #942925
Lot Size0.31 Acres
StatusActive

About 259 Open Gulf St

This gulf-front residence epitomizes coastal elegance, offering a luxurious retreat or a lucrative investment opportunity with its recent multi-million dollar renovation and prime location. Nestled along the pristine shores of Miramar Beach, this magnificent four-story masterpiece stands tall, boasting lavish upgrades and breath taking views. With no HOA restrictions, this home is perfect as a primary residence or as a high-yield vacation rental. Step inside to discover a meticulously revitalized interior where every detail has been thoughtfully considered. From the all new wood and tile flooring to the state-of-the-art kitchen featuring quartz counters and high-end fixtures, no expense has been spared in creating an oasis of comfort and sophistication. The ground floor features an oversized suite with built in bunk beds and direct access to the private pool deck and beach walkover, offering seamless indoor-outdoor living. Ascend to the second level to find the heart of the home - a fully quipped chefs kitchen surrounded by stunning gulf views, perfect for entertaining or relaxation. The third level boasts three additional bedroom suites, each with ensuite baths, providing ample space for family and guest to unwind. At the pinnacle of the home lies the oversized master suite, offering cathedral ceilings and panoramic gulf vistas, creating a true sanctuary for rest and rejuvenation. Located within the exclusive Open Gulf Street enclave, this residence offers unparalleled proximity to world-class amenities, including the renowned Sandestin Golf and Beach Resort and championship golf courses. Whether youre seeking a luxurious retreat or a savvy investment opportunity, this gulf front haven promises a lifestyle of unparalleled coastal elegance.

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • Year Built: 2014
  • Stories: 4
  • Living Area: 5,372 SqFt

Listing Office:

  • Office Name: Scenic Sothebys International Realty
  • Office Email: will@scenicsir.com
  • Listing Agent: Dahler & Co.

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Self Cleaning Oven, Refrigerator, Refrigerator, Ice Maker, Electric Oven, Washer
  • Flooring Type: Hardwood, Tile
  • Interior: Breakfast Bar, Ceiling Crown Molding, Vaulted Ceilings, Guest Quarters, Kitchen Island, Recessed Lighting, Newly Painted, Shelving, Washer/Dryer Hookups, Window Treatment(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony, Patio Covered, Patio Open, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Shower

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Survey Available, Within 1/2 Mile to Water
  • Lot Size: 0.31 Acres

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: On Scenic Gulf Drive, turn left onto Main Sail Dr. Turn right onto Open Gulf St and the house is the last house on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,250,000
  • Price Per SqFt: $1,536/SqFt

Tax Information:

  • Annual Amount: $23,411
  • 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

259 Open Gulf St vs Miramar Beach

65 DAYS ON ROCKET

-20 Days

$8,250,000

+$7.5M More

$1,536/SqFt

+$1K More

KEY TAKEAWAY

This property is $7.5M more than the Median Sold Price and $1K/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: #942925

Listing Office:

  • Office Name: Scenic Sothebys International Realty
  • Office Email: will@scenicsir.com
  • Listing Agent: Dahler & Co.

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: 4/28/2024, 12:50:22 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

Aug 03, 2020Home Sold
$3,150,000
Apr 01, 2019Home Sold
$2,700,000
Jun 05, 2014Home Sold
$2,700,000
Dec 08, 2011Home Sold
$550,000
Sep 02, 2011Home Sold
$396,000
Mar 15, 1999Home Sold
$615,000

Tax History

YEARPROP. TAXASSESSMENT
2020$23,411$2,345,266
2019$24,968$2,514,148
2017$24,470$2,468,877

History based on county public records data.

Payment Calculator

$41.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24.8K

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NMLS#3030

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-1897562
8
/10
  • Van R. Butler Elementary School

  • 6694 W County Highway 30a

  • 5.32 miles

  • Public District Grades PK-4

school-card-donut-1897563
7
/10
  • Bay Elementary School

  • 118 Gilmore Rd

  • 13.79 miles

  • Public District Grades PK-4

school-card-donut-1897564
6
/10
  • Freeport Elementary School

  • 15381 Us Hwyy 331 South

  • 16.07 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1897565
6
/10
  • Emerald Coast Middle School

  • 4019 Us Hwy 98e

  • 6.18 miles

  • Public District Grades 5-8

school-card-donut-1897566
6
/10
  • Freeport Middle School

  • 360 Kylea Laird Dr

  • 15.70 miles

  • Public District Grades 5-8

school-card-donut-1897567
4
/10
  • Walton Middle School

  • 625 Park Ave

  • 27.40 miles

  • Public District Grades 6-8

High School

school-card-donut-1897568
8
/10
  • South Walton High School

  • 645 Greenway Trl

  • 10.13 miles

  • Public District Grades 9-12

school-card-donut-1897569
8
/10
  • Freeport Senior High School

  • 12615 Us Hwy 331 South

  • 18.28 miles

  • Public District Grades 9-12

school-card-donut-1897570
5
/10
  • Walton High School

  • 449 Walton Rd

  • 28.77 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. The most common annual income of people living in Miramar Beach, FL is between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 259 Open Gulf St

What is the listing price of this property?

The listing price of 259 Open Gulf St property is $8,250,000.

What type of property is this?

The property 259 Open Gulf St is a house located in Miramar Beach, Florida, 32550.

Is this property for sale now?

Active Listing: 259 Open Gulf St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 259 Open Gulf St 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 $23,411 (source: MLS/based on county public records data).

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

The last sale was on August 3, 2020 for $3,150,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 259 Open Gulf St has 7 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 259 Open Gulf St is 5,372 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 259 Open Gulf St is 2014.
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Rocket HomesFloridaWalton CountyMiramar Beach32550259 Open Gulf St

This home is located at 259 Open Gulf St in Miramar Beach, FL and zip code 32550. This 5,372 square foot home, which was built in 2014, sits on a 0.31 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $8,250,000.

Miramar Beach, FL housing market in March 2024 saw over 1 listings sold above listed price, more than 5 sold at listed price and over 41 sold below. The inventory of homes for sale in Miramar Beach, FL between February 2024 and March 2024 increased by 13.3%. In March 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $725,500.

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

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