261 Open Gulf Street, Miramar Beach, FL 32550
Local realty services provided by:CENTURY 21 Wimco Realty, Inc.
261 Open Gulf Street,Miramar Beach, FL 32550
$1,690,000
- 6 Beds
- 5 Baths
- 2,826 sq. ft.
- Single family
- Active
Listed by: ethan d knight
Office: century 21 wimco realty inc
MLS#:998676
Source:FL_ECAR
Price summary
- Price:$1,690,000
- Price per sq. ft.:$598.02
About this home
Short term rental powerhouse featuring a spacious coastal home with ocean views from every floor, direct beach access from the front door, private seasonally heated pool, and massive 22 person sleeping capacity to maximize revenue.
Designer furnishings, professional photography and full inventory to convey for immediate revenue generation.
Less than 300 feet from direct beach access ensures high occupancy. Includes complimentary paddleboards and kayaks for added guest appeal.
Designed from the ground up to ensure easy, low cost maintenance and best possible yield.
Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.).
Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved.
Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection.
Seller will make all reasonable efforts to facilitate the transfer of future reservations.
The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price.
Most recent appraisal and inspections are included in the documents section of this listing....
Contact an agent
Home facts
- Year built:2003
- Listing ID #:998676
- Added:57 day(s) ago
- Updated:May 20, 2026 at 02:47 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:10
- Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator, Refrigerator/Icemaker, Stove Top
- Living area:2,826 sq. ft.
Structure and exterior
- Year built:2003
- Building area:2,826 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Corner, Dead End, Interior, Irregular, Level
- Architectural Style:Contemporary
- Exterior Features:BBQ Pit/Grill, Balcony
Schools
- High school:South Walton
- Middle school:Emerald Coast
- Elementary school:Van R Butler
Finances and disclosures
- Price:$1,690,000
- Price per sq. ft.:$598.02
- Tax amount:$12,352 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator w/Ice Maker, Smooth Stovetop Rnge, Washer
- Laundry features:Dryer, Washer
- Amenities:Breakfast Bar
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