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$825,000

Beds
3
Baths
2.5
sq ft
1,560

8606 Magnolia Bay Ln, Miramar Beach, FL 32550

8606 Magnolia Bay Ln

Miramar Beach, FL 32550

  • 1 day on market
Tucked in the prestigious gated neighborhood of Sandestin Golf and Beach Resort, this exquisite three-bedroom, two-and-a-half-bath townhome in Magnolia Bay offers comfort, elegance and convenience. Positioned along the 8th hole of the renowned Baytowne Golf Course, the home boasts spectacular views and an enviable location within walking distance to Baytowne Marina, the Sandestin Tennis Center and the vibrant Village of Baytowne Wharf. The thoughtfully designed interior features travertine tile flooring on the first floor, complemented by crown molding and plantation shutters throughout. The kitchen is a chef's dream with stainless steel appliances, granite countertops, a tumbled marble breakfast bar and custom cabinetry. Abundant natural light fills the spacious living areas, creating a warm and inviting ambiance. Upstairs, the luxurious master suite includes double closets and an ensuite bathroom with a soaking tub, an oversized walk-in shower and a double vanity. Two additional bedrooms upstairs provide ample space for family and guests. A rear porch overlooking the golf course offers a serene outdoor retreat, while the attached garage and generous storage enhance the home's functionality. As a special welcome, the purchase includes a six-passenger golf cart and an exclusive incentive package featuring golf for four on Sandestin's championship courses, a pass for four to the private beach club, and an introductory membership to Burnt Pine Golf Club. Investors will appreciate the opportunity for short-term rentals. Sandestin Golf and Beach Resort, the No. 1 resort on Florida's Emerald Coast, spans 2,400 acres of pristine beaches, championship golf courses, a world-class tennis center, a marina and The Village of Baytowne Wharf. Whether you're seeking a second home or an exceptional vacation rental, this Magnolia Bay townhome is a remarkable opportunity to experience the best in coastal living.

Details

Property type

Townhouse

Est. home value

$759,861

Lot size

Unknown

Price per sq ft

$529

Year built

2000

Monthly HOA fee

$390

Price History

12/24/2024
EmeraldCoast

EmeraldCoast #965197

Listed
$825,000
+85.39%
05/16/2018
EmeraldCoast

EmeraldCoast #795199

Sold
$445,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated, Pool

Seller’s Loan History

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

Lender

Loandepot.Com Llc

Loan start date

June 2020

Original loan amount

$299,000

Est. remaining balance

$270,805

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Michelle L Roy and Kyle Philip Roy

Lender

Century Lending Co

Loan start date

May 2018

Original loan amount

$356,000

Est. remaining balance

$312,606

Interest rate

4.44%

Loan type

New Conventional, 30 year

Seller

Michelle L Roy and Kyle Philip Roy

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: 12/25/2024 at 2:55 AM

Listing updated: 12/24/2024 at 2:14 PM

Listed by: Corey Ledbetter, Corey Ledbetter, Corey C Ledbetter, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #965197

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