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8606 Magnolia Bay Ln, Miramar Beach, FL, 32550

$825,000

Home List Price

$9,797*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,560 SqFt
$529/SqFt
Townhouse

Location

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8606 Magnolia Bay Ln, Miramar Beach$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingGarage
Attached Garage1 space
Year Built2000
HeatingCentral
CoolingCeiling Fan(s), Central Air
MLS #965197
StatusActive

About 8606 Magnolia Bay Ln

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 chefs 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 homes functionality. As a special welcome, the purchase includes a six-passenger golf cart and an exclusive incentive package featuring golf for four on Sandestins 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 Floridas 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 youre seeking a second home or an exceptional vacation rental, this Magnolia Bay townhome is a remarkable opportunity to experience the best in coastal living.

Property Details

Property Features

Property Information:

  • Architectural Style: Townhome
  • Year Built: 2000
  • Stories: 2
  • Living Area: 1,560 SqFt

Listing Office:

  • Office Name: Scenic Sothebys International Realty
  • Office Phone: (850) 231-6052
  • Listing Agent: Corey C Ledbetter, Christopher Abbott

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Range, Electric Oven
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Ceiling Crown Molding, Recessed Lighting, Plantation Shutters, Washer/Dryer Hookups, Window Treatment(s)

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Patio Covered, Porch

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Covenant/Restriction, Near Golf Course

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Traveling on US Hwy 98, turn south into Sandestin. Once you go through the main gate onto Sandestin Blvd. N., turn right and follow Baytowne Ave. until you get to Magnolia Bay.

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $529/SqFt

HOA Fees:

  • Amount: $390
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$757K

Med. Price/SqFt

$490

Avg. Days On Market

104

# of Sold Homes

33

8606 Magnolia Bay Ln vs Miramar Beach

1 DAY ON ROCKET

-103 Days

$825,000

+$68K More

$529/SqFt

+$38 More

KEY TAKEAWAY

This property is $68K more than the Median Sold Price and $38/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: #965197

Listing Office:

  • Office Name: Scenic Sothebys International Realty
  • Office Phone: (850) 231-6052
  • Listing Agent: Corey C Ledbetter, Christopher Abbott

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: 12/24/2024, 11:51:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,575

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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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.

Nearby Schools

school-card-donut-1459604
8
/10
  • Van R. Butler Elementary School

  • 6694 W County Highway 30A

  • 4.04 miles

  • Public District Grades KG-5

school-card-donut-1459605
10
/10
  • Bluewater Elementary School

  • 4545 Range Rd

  • 9.11 miles

  • Public District Grades KG-5

school-card-donut-1459606
7
/10
  • Destin Elementary School

  • 630 Kelly St

  • 10.16 miles

  • Public District Grades PK-4

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. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8606 Magnolia Bay Ln

What is the listing price of this property?

The listing price of 8606 Magnolia Bay Ln property is $825,000.

What type of property is this?

The property 8606 Magnolia Bay Ln is a townhouse located in Miramar Beach, Florida, 32550.

Is this property for sale now?

Active Listing: 8606 Magnolia Bay Ln is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8606 Magnolia Bay Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 8606 Magnolia Bay Ln is 1,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8606 Magnolia Bay Ln is 2000.

Rocket HomesFloridaWalton CountyMiramar Beach325508606 Magnolia Bay Ln

This home is located at 8606 Magnolia Bay Ln in Miramar Beach, FL and zip code 32550. This 1,560 square foot home was built in 2000. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 24, 2024 and is currently priced at $825,000.

While more than 1 listings in Miramar Beach, FL in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 30 were sold below. The inventory of homes for sale in Miramar Beach, FL between October 2024 and November 2024 increased by 7.8%. In November 2024, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $757,000.

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

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