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$499,900

Beds
2
Baths
2.0
sq ft
1,046

548 Sandy Cay Dr Unit 203, Miramar Beach, FL 32550

548 Sandy Cay Dr Unit 203

Miramar Beach, FL 32550

  • 2 days on market
Luxury Beach Condo in Miramar - Your Dream Coastal Escape!Welcome to your slice of paradise at the stunning shores of Miramar Beach! This breathtaking 'Beach Resort' condo offers striking Gulf views, luxurious finishes, and resort-style amenities, making it the perfect coastal retreat or income-generating investment. Step inside & down the hallway to find an open-concept living space bathed in natural light, with large sliding glass doors that showcase the stunning resort pool and emerald green waters of the Gulf. The large kitchen features solid surface countertops, stainless steel appliances, and solid wood cabinetry, perfect for hosting and entertaining. The extra long countertop bar makes for the perfect spot for breakfast and lunch in from the beach! You can also enjoy your - morning coffee and a good book on the large private balcony. The spacious master suite boasts a king bed, a large dresser for storage and a great master closet. The sleeping areas plus two bathrooms allow for 4+ to stay for a visit - one bath with a walk in shower and the master bath with a tub and shower combination. The bunk space is included with a small office desk area and custom sliding barn door for added privacy. Enjoy resort-style amenities, including a sparkling pool, hot tub, splash pad with fountain, private beach access, and private parking, all just steps from your front door. Whether you're looking for a full-time residence, vacation getaway, or lucrative rental property, this Miramar Beach condo is a rare opportunity you don't want to miss. Experience the best of Gulf Coast livingschedule your private tour today!

Details

Property type

Condominium

Est. home value

$519,133

Lot size

Unknown

Price per sq ft

$478

Year built

2006

Monthly HOA fee

$875

Price History

02/27/2025
EmeraldCoast

EmeraldCoast #969807

Listed
$499,900
+58.7%
07/29/2020
EmeraldCoast

EmeraldCoast #849530

Sold
$315,000
+8.43%
12/28/2018
EmeraldCoast

EmeraldCoast #808024

Sold
$290,500
+11.73%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$232,586
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$227,322
Cash to seller
$232,586

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2020

Original loan amount

$252,000

Est. remaining balance

$227,322

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

John Henecke and Wendy Henecke

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/01/2025 at 8:05 AM

Listing updated: 02/28/2025 at 2:19 PM

Listed by: The Probst George Group, EXP Realty LLC Phone #: (850) 830-4414

MLS: EmeraldCoast #969807

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