Waterfront
Address
219 Open Gulf Street, Miramar Beach, FL
Price
$ 8,995,000
Property Attributes
- MLS#1000386
- TypeSingle Family
- Listing Status Active
- CountyWalton
- CityMiramar Beach
- AreaMiramar-Sandestin Resort
- NeighborhoodRICHARDS A E UNREC
- Zip32550
- StyleMediterranean
- Year Built2018
- Taxes$ 60996
- Price$ 8,995,000
- Bedrooms10
- Full Bathrooms8
- Half Bathrooms2
- Sqr Footage5961
- Lot Size0.4 Acres
Data Source:
Emerald Coast MLS (ECAR)
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. 'Beachfront Bliss' already has $696,000 booked for 2026 despite owner usage, with projected 2026 rental revenue of $750,000, excluding owner stays. 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): $696,000. This number is pure nightly rate and does not include cleaning fees or taxes. ( The owner can count on rental income from day one. Multiple 2027 reservations on the books. ~Comparable: Empty beachfront lots in this area are listed at $7 million. For a little more, you can own a 10 bedroom rental property on the same water producing income from the start. ~Appreciation: Miramar Beach beachfront appreciates on four compounding factors: scarcity, rental performance, market momentum, and irreplaceability. It already outperforms 30A on yield-to-price -- with meaningful upside still ahead. **All information including dimensions should be confirmed by the buyer. Managed by Destin Dreamers and can seamlessly continue with bookings and management.
| Elementary School | Middle School | High School |
|---|---|---|
| Van R Butler Elementary School | Emerald Coast Middle School | South Walton High School |
| Price History | |
|---|---|
| 4/23/2026 | Listed $8,995,000 |
General Features
| Utilities | Electric,Gas - Natural,Gas - Propane,Public Water,Tap Fee Paid |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| County | Walton |
| Property Type | Residential |
| Subdivision Name | RICHARDS A E UNREC |
| Status | Active |
| Buyer Financing | Conventional |
| Directions | From US-98, turn south onto Open Gulf St and drive about 0.3 miles. 219 will be on your left. |
| High School | South Walton |
| City | Miramar Beach |
| MLS Area | 15 - Miramar/Sandestin Resort |
| Lot Size Units | Acres |
| Lot Size Square Feet | 17424 |
| Elementary School | Van R Butler |
| Middle/Junior High School | Emerald Coast |
| MLS Area Minor | 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort |
| Standard Status | Active |
| Sewer | Public Sewer |
| View | Gulf |
| Waterfront Features | Unit Waterfront,Gulf,Shore - Natural |
| Cooling | Central Air |
| Garage Spaces | 2 |
| Patio/Porch Features | Deck Covered,Deck Enclosed,Deck Open,Patio Open,Porch,Porch Open |
| Architectural Style | Mediterranean |
| Construction Materials | Foundation Off Grade,Frame,Stucco |
| Year Built | 2018 |
| Stories Count | 3 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | true |
| Total Rooms | 13 |
| Carport Y/N | false |
| Property Condition | Renovated,Construction Complete |
| Pool Features | Pool - Heated,Pool - In-Ground,Pool Type |
| Virtual Tour | https://my.matterport.com/show/?m=KFVq581Scxi&play=1&qs=0&nt=1&help=2&brand=0&mls=1& |
| Security Features | Fire Alarm/Sprinkler |
Interior Features
| Total Baths | 10 |
|---|---|
| Interior Amenities | Breakfast Bar,Ceiling Raised,Elevator,Fireplace,Hallway Bunk Beds,Kitchen Island,Lighting Recessed,Owner's Closet,Pantry,Split Bedroom,Upgraded Media Wing,Wet Bar |
| Flooring | Floor Tile |
| Air Conditioning Y/N | true |
| Window Features | Window Treatmnt Some |
| Furnished Y/N | Furnished - All |
| Fireplace Features | Fireplace Gas |
| Fireplace Y/N | true |
Exterior Features
| Lot Features | Cleared,Dead End,Level,Within 1/2 Mile to Water |
|---|---|
| Lot Size Area | 0.4 |
| Lot Dimensions | 48.70 x 353 |
| Lot Size Acres | 0.4 |
| Road Surface Type | Paved |
| Road Frontage Type | County Road |
| Waterfront Y/N | true |
| Exterior Amenities | Balcony,BBQ Pit/Grill,Fenced Back Yard,Hot Tub,Lawn Pump,Pool - Gunite Concrt,Shower,Sprinkler System,Summer Kitchen |
| Fencing | Fenced Lot-All,Fenced Lot-Part |
| Foundation Details | Foundation On Piling |
| Building Area Total | 5961 |
| Parking Features | Garage |
| Total Parking | 10 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32550
Price
Taxes
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively 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.
