219 Open Gulf ST, Miramar Beach, FL 32550
219 Open Gulf ST, Miramar Beach, FL 32550,Video Tour
219 Open Gulf ST, Miramar Beach, FL 32550
76
See all 75 photos
$8,995,000
Est. payment /mo
10 Beds
10 Baths
5,961 SqFt
Open Wed 11AM-2PM

219 Open Gulf ST Miramar Beach, FL 32550

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Wed Apr 22, 11:00am - 2:00pm

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Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,961 sqft

Price per Sqft $1,508

Subdivision Richards A E Unrec

MLS Listing ID 1000386

Style Mediterranean

Bedrooms 10

Full Baths 8

Half Baths 2

Year Built 2018

Annual Tax Amount $60,996

Tax Year 2025

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions 48.70 x 353

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 5961

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 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.

Location

State FL

County Walton

Area 15 - Miramar/Sandestin Resort

Zoning Resid Single Family

Direction From US-98, turn south onto Open Gulf St and drive about 0.3 miles. 219 will be on your left.

Rooms

Primary Bedroom Level Upper

Master Bedroom true

Dining Room true

Kitchen true

Interior

Interior Features Breakfast Bar, Ceiling Raised, Elevator, Fireplace, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Split Bedroom, Upgraded Media Wing, Wet Bar

Cooling Central Air

Flooring Floor Tile

Fireplaces Type Fireplace Gas

Furnishings Furnished - All

Fireplace Yes

Window Features Window Treatmnt Some

Appliance 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

Exterior Feature Balcony, BBQ Pit/Grill, Fenced Back Yard, Hot Tub, Lawn Pump, Pool - Gunite Concrt, Shower, Sprinkler System, Summer Kitchen, In-Ground Pool, Heated Pool, Gunite Pool, Open Patio, Open Deck, Covered Deck, Enclosed Deck, Porch, Open Porch, Fenced Lot (All), Fenced Lot (Partial), Fenced Backyard, Summer Kitchen, BBQ / Grill, Hot Tub, Outdoor Shower, Sprinkler System, Lawn Pump, Balcony, Renovated

Parking Features Garage

Garage Spaces 2.0

Fence Fenced Lot-All, Fenced Lot-Part

Pool Pool - Heated, Pool - In-Ground, Pool Type

Utilities Available Electric, Gas - Natural, Gas - Propane, Public Water, Tap Fee Paid

Waterfront Description Unit Waterfront,Gulf,Shore - Natural

View Gulf

Roof Type Tile / Slate

Street Surface Paved

Porch Deck Covered, Deck Enclosed, Deck Open, Patio Open, Porch, Porch Open

Road Frontage County Road

Garage Yes

Building

Lot Description Cleared, Dead End, Level, Within 1/2 Mile to Water

Faces From US-98, turn south onto Open Gulf St and drive about 0.3 miles. 219 will be on your left.

Story 3

Foundation Foundation On Piling

Sewer Public Sewer

Architectural Style Mediterranean

New Construction No

Schools

Elementary Schools Van R Butler

Middle Schools Emerald Coast

High Schools South Walton

Others

Pets Allowed No

Tax ID 33-2S-21-42180-003-0020

Miscellaneous 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.

Security Features Fire Alarm/Sprinkler

Virtual Tour https://my.matterport.com/show/?m=KFVq581Scxi&play=1&qs=0&nt=1&help=2&brand=0&mls=1&


 Emerald Coast MLS - IDX
Listed by Arlen Busenitz Legacy Premier Agency LLC

NEARBY SCHOOL & BUSINESS

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Jason Jones

Jason Jones

Broker | BK3220358

+1(850) 797-6227

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219 Open Gulf ST