15 days on rocket

8603 Magnolia Bay Ln, Miramar Beach, FL, 32550

$849,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,618 SqFt
$525/SqFt
Townhouse

Location

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8603 Magnolia Bay Ln, Miramar Beach$849,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Attached Garage1 space
Year Built2000
CoolingCentral Air
ViewLake
MLS #962341
StatusActive

About 8603 Magnolia Bay Ln

Come take a look at this exquisite rental ready home located within Sandestin Golf & Beach Resort. This home would serve as a great short term or long term rental as well as a full time residence! Enjoy overlooking the peaceful pond from your private screened porch as well as from the master bedroom. Both upstairs bathrooms have been completely renovated. The master bath features his/her sinks, a relaxing tub, and a beautifully tiled spacious shower! The guest bathroom features a beautiful tiled walk-in shower, countertops, sink and fixtures. This unit is fully furnished & includes a new six seater Royal golf cart. The private garage also allows for extra storage and parking. This home is in pristine condition and is sure to impress those who enter. Conveniently located inside of Sandestin, you are near the aquatic center, a five minute walk to the Tennis/Pickleball center, marina & Baytowne Wharf, Grand Boulevard, golf courses, and the beach! The Magnolia neighborhood also offers a private pool allowing for a more private pool experience.

Property Details

Property Features

Property Information:

  • Architectural Style: Townhome
  • Year Built: 2000
  • Stories: 2
  • Living Area: 1,618 SqFt

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Michael P Bell

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Raised Ceiling, Owners Closet, Washer/Dryer Hookups

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Lake
  • Exterior: Patio Enclosed

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take Highway 98 to Sandestin Golf and Beach Resort. Enter the resort at the Bayside entrance. After the guard gate, take a right onto Heron Drive. Take the round about left onto Baytowne Avenue. Magnolia Bay will be on you right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $849,000
  • Price Per SqFt: $525/SqFt

HOA Fees:

  • Amount: $539
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,088
  • Tax Year: 2020
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Housing Market Comparison

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

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Miramar Beach, FL

City

Med. Sold Price

$751K

Med. Price/SqFt

$489

Avg. Days On Market

101

# of Sold Homes

32

8603 Magnolia Bay Ln vs Miramar Beach

15 DAYS ON ROCKET

-86 Days

$849,000

+$98K More

$525/SqFt

+$36 More

KEY TAKEAWAY

This property is $98K more than the Median Sold Price and $36/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: #962341

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Michael P Bell

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: 11/18/2024, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,088$309,370
2019$3,012$303,303
2017$2,918$294,462

History based on county public records data.

Payment Calculator

$4,844

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,612

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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.

Nearby Schools

school-card-donut-782563
8
/10

  • Van R. Butler Elementary School

  • 6694 W County Highway 30A

  • 4.01 miles

  • Public District Grades KG-5

school-card-donut-782564
10
/10

  • Bluewater Elementary School

  • 4545 Range Rd

  • 9.14 miles

  • Public District Grades KG-5

school-card-donut-782565
7
/10

  • Destin Elementary School

  • 630 Kelly St

  • 10.20 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,907. Typical income of Miramar Beach, FL residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8603 Magnolia Bay Ln

What is the listing price of this property?

The listing price of 8603 Magnolia Bay Ln property is $849,000.

What type of property is this?

The property 8603 Magnolia Bay Ln is a townhouse located in Miramar Beach, Florida, 32550.

Is this property for sale now?

Active Listing: 8603 Magnolia Bay Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,088 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8603 Magnolia Bay Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 8603 Magnolia Bay Ln is 1,618 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8603 Magnolia Bay Ln is 2000.

Rocket Homes›Florida›Walton County›Miramar Beach›32550›8603 Magnolia Bay Ln

This home is located at 8603 Magnolia Bay Ln in Miramar Beach, FL and zip code 32550. This 1,618 square foot home was built in 2000. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 03, 2024 and is currently priced at $849,000.

Over 0 listings were sold over their listed price in October 2024 in Miramar Beach, FL. In the same period over 23 listings were sold below the listed price and 9 listings were sold for the listed price. The number of listings in Miramar Beach, FL increased by 6.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 101 days, the median list price was $751,000.

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

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