219 Open Gulf Street, Miramar Beach, FL 32550

New Listing
$8,995,000
Property Type: Residential Bedrooms: 10 Baths: 10 Square Footage: 5,961 Lot Size (sq. ft.): 17,424 Status: Active
Current Price: $8,995,000 List Date: 4/10/2026 Last Modified: 4/11/2026

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.

Supplements: 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 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.

More Information MLS# 1000386

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 1508.98 List Date: 2026-04-10 Current Price: $8,995,000 List Price: $8,995,000

Location, Tax and Legal

Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort Elementary School: Van R Butler Middle School: Emerald Coast High School: South Walton Legal Description: Lot 2 Blk 3 A. E. Richards S/D Desc As: Com At Ne/C Of Sec 33 N 88 Deg W 439.4Ft Alg Sec Ln, S 02 Deg 15'W 1225.7Ft To Ne/C Of Lot 1 Blk 3 S 83 Deg W Alg Beach St 49.1Oft To Pob, S 83 Deg W 49.10Ft, S 02 Deg 15'W 353Ft Mol To Gulf, Sely Along Gulf 48.9Oft Mol To E Bdry Of Lot 2, N 02 Deg 15'E 367.5Ft Mol To Pob. Or 1114-257 Or 2366-709 Or 2425-1673 Or 2452-1137 Or 2955-990 Or 3067-3117 Or 3179-441

General Property Info

Sub-Type: Detached Single Family Design: Mediterranean SqFt Source: County PA Records Garage: Yes Carport: No Driveway Spaces: 8 Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 5961 Bedrooms: 10 Full Baths: 8 Half Baths: 2 Total Bathrooms: 10 # Stories: 3 Year Built: 2018 Garage Spaces: 2 Acreage: 0.4

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 60996.55 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: 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.

Waterfront

Gulf: 1 Shore - Natural: 1 Unit Waterfront: 1 Waterfront Feet: 49

Construction Status

Construction Complete: 1

Parking Features

Garage: 1 Garage Attached: 1

Waterview

Gulf: 1

Lot/Parcel Access

County Road: 1 Paved Road: 1

Lot Features

Cleared: 1 Dead End: 1 Level: 1 Within 1/2 Mile to Water: 1

Construction/Siding

Foundation Off Grade: 1 Foundation On Piling: 1 Frame: 1 Roof Tile/Slate: 1 Stucco: 1

Utilities

Electric: 1 Gas - Natural: 1 Gas - Propane: 1 Public Sewer: 1 Public Water: 1 Tap Fee Paid: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 BBQ Pit/Grill: 1 Deck Covered: 1 Deck Enclosed: 1 Deck Open: 1 Fenced Back Yard: 1 Fenced Lot-All: 1 Fenced Lot-Part: 1 Hot Tub: 1 Lawn Pump: 1 Patio Open: 1 Pool - Gunite Concrt: 1 Pool - Heated: 1 Pool - In-Ground: 1 Porch: 1 Porch Open: 1 Renovated: 1 Shower: 1 Sprinkler System: 1 Summer Kitchen: 1

Interior

Breakfast Bar: 1 Ceiling Raised: 1 Elevator: 1 Fireplace: 1 Fireplace Gas: 1 Floor Tile: 1 Furnished - All: 1 Hallway Bunk Beds: 1 Kitchen Island: 1 Lighting Recessed: 1 Owner's Closet: 1 Pantry: 1 Renovated: 1 Split Bedroom: 1 Upgraded Media Wing: 1 Wet Bar: 1 Window Treatmnt Some: 1

Financing

Conventional: 1

Appliances

Auto Garage Door Opn: 1 Cooktop: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Fire Alarm/Sprinkler: 1 Freezer: 1 Ice Machine: 1 Microwave: 1 Oven Self Cleaning: 1 Range Hood: 1 Refrigerator: 1 Smoke Detector: 1 Stove/Oven Gas: 1 Washer: 1

Energy

AC - 2 or More: 1 AC - Central Elect: 1 AC - High Efficiency: 1 Heat - Two or More: 1 Water Heater - Gas: 1 Water Heater - Two +: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBed Balcony: 1 MBed Walk-in Closet: 1

Master Bedroom

Third: 1

Bedroom

First: 1 Second: 1

Kitchen

Second: 1

Rooms

Bedroom: 1 Bunk Room: 1 Dining Room: 1 Great Room: 1 Hobby Room: 1 Kitchen: 1 Master Bedroom: 1 Media Room: 1

Existing Leases

Daily/Weekly: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 219 Street Name: Open Gulf Street Suffix: Street State: FL Zip Code: 32550 County: Walton Project Name/Subdivision: RICHARDS A E UNREC Parcel ID: 33-2S-21-42180-003-0020

Property Features

Construction Status: Construction Complete Lot Features: Cleared; Dead End; Level; Within 1/2 Mile to Water Zoning: Resid Single Family Waterfront: Gulf; Shore - Natural; Unit Waterfront Waterview: Gulf Parking Features: Garage; Garage Attached Exterior: Balcony; BBQ Pit/Grill; Deck Covered; Deck Enclosed; Deck Open; Fenced Back Yard; Fenced Lot-All; Fenced Lot-Part; Hot Tub; Lawn Pump; Patio Open; Pool - Gunite Concrt; Pool - Heated; Pool - In-Ground; Porch; Porch Open; Renovated; Shower; Sprinkler System; Summer Kitchen Interior: Breakfast Bar; Ceiling Raised; Elevator; Fireplace; Fireplace Gas; Floor Tile; Furnished - All; Hallway Bunk Beds; Kitchen Island; Lighting Recessed; Owner's Closet; Pantry; Renovated; Split Bedroom; Upgraded Media Wing; Wet Bar; Window Treatmnt Some Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Freezer; Ice Machine; Microwave; Oven Self Cleaning; Range Hood; Refrigerator; Smoke Detector; Stove/Oven Gas; Washer Utilities: Electric; Gas - Natural; Gas - Propane; Public Sewer; Public Water; Tap Fee Paid Energy: AC - 2 or More; AC - Central Elect; AC - High Efficiency; Heat - Two or More; Water Heater - Gas; Water Heater - Two + Master Bedroom: Third Bedroom: First; Second Kitchen: Second Rooms: Bedroom; Bunk Room; Dining Room; Great Room; Hobby Room; Kitchen; Master Bedroom; Media Room Financing: Conventional Existing Leases: Daily/Weekly

Room Information

Bedroom Level: First Dimensions: 13 x 12 Length: 13.00 Width: 12.00 Dimensions: 13 x 12 Media Room Level: First Dimensions: 19.5 x 13 Length: 19.50 Width: 13.00 Dimensions: 19.5 x 13 Bunk Room Level: First Dimensions: 11 x 7.5 Length: 11.00 Width: 7.50 Dimensions: 11 x 7.5 Hobby Room Level: First Dimensions: 19 x 16 Length: 19.00 Width: 16.00 Dimensions: 19 x 16 Bedroom Level: First Dimensions: 14.5 x 12 Length: 14.50 Width: 12.00 Dimensions: 14.5 x 12 Bunk Room Level: Second Dimensions: 19.5 x 7.5 Length: 19.50 Width: 7.50 Dimensions: 19.5 x 7.5 Bedroom Level: Second Dimensions: 13.66 x 13 Length: 13.66 Width: 13.00 Dimensions: 13.66 x 13 Kitchen Level: Second Dimensions: 18 x 15.66 Length: 18.00 Width: 15.66 Dimensions: 18 x 15.66 Great Room Level: Second Dimensions: 22.5 x 19 Length: 22.50 Width: 19.00 Dimensions: 22.5 x 19 Dining Room Level: Second Dimensions: 18 x 13 Length: 18.00 Width: 13.00 Dimensions: 18 x 13 Master Bedroom Level: Third Dimensions: 19.83 x 13.83 Length: 19.83 Width: 13.83 Dimensions: 19.83 x 13.83 Master Bedroom Level: Third Dimensions: 17.83 x 16.83 Length: 17.83 Width: 16.83 Dimensions: 17.83 x 16.83 Bunk Room

Documents

Listing Office: Legacy Premier Agency LLC
Last Updated: April - 11 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.