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219 Open Gulf Street, Miramar Beach, FL 32550

$8,995,000
  • 219 Open Gulf Street, Miramar Beach, FL 32550 Main Photo

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New to the Market Active
BEDS10 BATHS8 full 2 partial SQUARE FEET5,961 MLS#1000386
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONRICHARDS A E UNREC NEIGHBORHOOD15 - Miramar-Sandestin Resort

Property Description

Rare find and cash-flowing investment opportunity with this beachfront home. Beachfront Bliss is one of the finest income-producing properties on the Emerald Coast. $608,000 in gross rental income in 2025 and over $614,000 gross revenue on the books for 2026 with more weeks to book. Built in 2018, this exceptional property has 10 bedrooms, 8 full bathrooms, 2 half bathrooms, and nearly 6,000 square feet of living space with panoramic views designed to comfortably accommodate large groups.Beachfront Bliss is a bespoke treasure gracing the coveted Miramar Beach shoreline along the Emerald Coast. FIRST FLOOR AND POOL AREA You'll be mesmerized as you walk through the grand entry doors and effortlessly flow into the sprawling main-level gathering room filled with a plethora of seating for entertainment and dining, along with a newly remodeled kitchenette and gaming area. Being bathed in sunlight with floor-to-ceiling sliding glass doors that optimize a visual masterpiece of the gulf, you'll enjoy the beauty of the beach while relaxing in this open-concept haven. With two large primary bedrooms and spacious en suite bathrooms, an additional half bath, a bunk room, laundry, and an elevator, this floor really does have it all!SECOND FLOOR A custom chef's kitchen complete with professional-grade appliances and an oversized marble island set the stage for culinary dreams. With unobstructed views of the gorgeous water and cotton-candy sunsets, you have the perfect backdrop for gathering with friends and family. This space feels massive with 20-foot ceilings and windows draping every wall. It expands to a lofty outdoor balcony with an industrial built-in grill, dining, and an additional lounging area ideal for breathing in the healing salt air and stunning views. This floor also offers a large pantry, fireplace and bar in the main living room, a half bath, a primary bedroom with en suite bathroom and balcony, and a large bunk room that sleeps 8 with an en suite bathroom.THIRD FLOOR The third floor is filled with posh private suites that provide personal sanctuaries for guests and friends. The main hall leads to a bunk room (sleeps 8) with en suite bathroom and two more bedrooms with en suite bathrooms. A large laundry room with washer and dryer and built-in cabinetry, along with a bar, line the walls of the hall leading to the extravagant oceanfront master suites. These two majestic bedrooms and en suite master baths encapsulate an unparalleled experience marrying lavish design with tranquility.This home was richly designed with opulence, comfort, and functionality at the forefront. Beachfront Bliss is a rare opportunity for a beloved legacy property in the heart of Miramar Beach.POOL & PRIVATE BEACH ACCESS With a continuation of beachfront luxury, the outdoor pool area is perfectly designed for entertaining, boasting an infinity spa and large heated pool, both complete with custom lighting. Whether you want to bask in the rays of the sun or take refuge for a few hours in the shade, this backyard oasis has room for everyone! The crowning jewel, of course, is your own private beach access that makes every beach day a breeze.INVESTOR INFO~Turnkey Opportunity: Destin Dreamers is managing and can seamlessly transfer management.~Unique and Rare: Few beachfronts with these rental numbers become available, and beachfronts are in high demand and tight supply.~2025 Rental Numbers: $608,348~2026 Booked Reservations (with more to come): $614,286. The owner ca

219 Open Gulf Street | MLS# 1000386

This single family home located at 219 Open Gulf Street, Miramar Beach, FL 32550 is currently listed for sale with an asking price of $8,995,000. This property was built in 2018 and has 10 bedrooms and 8 full and 2 partial baths with 5961 sq. ft. Open Gulf Street is located in the RICHARDS A E UNREC subdivision. Search RICHARDS A E UNREC real estate on www.www.nataliebrown.crye-leike.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Garage: 2 car attached
Home Style: Mediterranean
Lot Size: 0.40 Acres
Stories: 3.0
Taxes: $60,996
Year Built: 2018

Feature Descriptions

Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Gas, Washer, Water Heater - Gas
Exterior: Balcony, BBQ Pit/Grill, Fenced Back Yard, Hot Tub, Lawn Pump, Pool - Gunite Concrt, Shower, Sprinkler System, Summer Kitchen
Exterior: Foundation Off Grade, Frame, Stucco
Fencing: Fenced Lot-All, Fenced Lot-Part
Financing Terms: Conventional
Fireplace: Fireplace Gas
Fireplace Y/N: Yes
Flooring: Floor Tile
Foundation: Foundation On Piling
Hot Tub: Yes
Interior: Breakfast Bar, Ceiling Raised, Elevator, Fireplace, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owners Closet, Pantry, Split Bedroom, Upgraded Media Wing, Wet Bar
Lot: Cleared, Dead End, Level, Within 1/2 Mile to Water
Lot Dimensions: 48.70 x 353
Parcel Number: 33-2S-21-42180-003-0020
Parking: Garage
Patio/Porch: Deck Covered, Deck Enclosed, Deck Open, Patio Open, Porch, Porch Open
Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
Property Condition: Renovated, Construction Complete
Road Frontage: County Road
Road Surface: Paved
Rooms Total: 13
Sewer: Public Sewer
Special View Info: Gulf
Sub Type: Detached Single Family
Utilities: Electric, Gas - Natural, Gas - Propane, Public Water, Tap Fee Paid
Waterfront: Unit Waterfront, Gulf, Shore - Natural
Window: Window Treatmnt Some

Room Sizes

Bedroom: 13 X 12 Level - First
Media Room: 19.5 X 13 Level - First
Bunk Room: 11 X 7.5 Level - First
Hobby Room: 19 X 16 Level - First
Bedroom: 14.5 X 12 Level - First
Bunk Room: 19.5 X 7.5 Level - Second
Bedroom: 13.66 X 13 Level - Second
Kitchen: 18 X 15.66 Level - Second
Great Room: 22.5 X 19 Level - Second
Dining Room: 18 X 13 Level - Second
Primary Bedroom: 19.83 X 13.83 Level - Third
Primary Bedroom: 17.83 X 16.83 Level - Third

Local Schools

High School: South Walton
Middle School: Emerald Coast
Elementary School: Van R Butler

Listed By / Shown By

Listed By

Agency Name: Legacy Premier Agency LLC

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Emerald Coast MLS

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Estimated Payment

$ 27,725.51 per month $20,018.97 Principal & Interest $5,083.00 Property Tax $2,623.54 Homeowner's Insurance

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