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Miramar Beach Condos › Mainsail

Mainsail Condos for Sale in Miramar Beach

Mainsail is a gated, Gulf-front condo resort at 114 Mainsail Drive in Miramar Beach, set on about 15 acres. Its eight-story towers were built in phases in the early-to-mid 1980s and sit on roughly 700 feet of private beach. Owners get two pools (one seasonally heated), a hot tub, an exercise room, a game room, grilling areas and a guard-gated entrance. Short-term rentals are allowed.

  • 14 for sale (1 pending)
  • Asking $489,000–$1,249,900
  • 4 sold in the last 12 months
  • Gated, Gulf-front
Call Jason (850) 797-6227

Listing counts and prices from the Emerald Coast MLS, checked November 11, 2026. The listings below update automatically.

What Mainsail condos are selling for

Unit type Sales (12 mo) Sold range Median $/sq ft Asking now
2BR/2BA · 956–1,340 sq ft 4 $419,000–$642,500 ~$473 $489,000–$735,000
3BR/3BA · 1,315–1,462 sq ft 0 None — $650,000–$1,249,900
4BR/3BA · about 2,164 sq ft 0 None — $1,099,000
What this means for buyers: Mainsail has far more supply than recent demand: 14 units for sale against only 4 sales in the past 12 months, all 2-bedrooms between $419,000 and $642,500. Most 2-bedroom units are asking $489,000 to $735,000, so several are priced above anything that has actually sold here this year. No 3- or 4-bedroom unit has closed in the past 12 months, which leaves those asking prices ($650,000 to $1,249,900) without in-building comps. Expect room to negotiate, and compare against recent Gulf-front sales at nearby resorts.

Mainsail at a glance

Address
114 Mainsail Dr, Miramar Beach, FL 32550
Area
Gated resort on about 15 acres in Miramar Beach (Walton County)
Built
Early-to-mid 1980s (listings show 1983–1985)
Buildings
Eight-story Gulf-front towers built in phases
Unit mix
Mostly 2BR (956–1,340 sq ft) and 3BR (1,315–1,462 sq ft), plus a few 4BR
Rentals
Short-term rentals allowed
HOA
Recent listings show about $3,000–$3,700 per quarter, typically covering insurance, internet, cable, water, sewer, trash, security and grounds. Confirm the exact fee for your unit

Amenities

Beach
About 700 feet of private beach
Pools
Two pools (one seasonally heated), kiddie pool and hot tub
Fitness
Exercise room
Security
Guard-gated entrance with 24-hour security
Outdoor
Grilling areas
Indoor
Game room and elevators

Building details come from MLS listing data and public sources, and should be confirmed with the association's current documents before you buy.

Buying it as a rental?

Get a rental income estimate for the unit you're looking at, based on comparable Mainsail rentals, with HOA, insurance and management costs included.

Own at Mainsail?

Find out what your unit would sell for today, priced against recent sales of the same floor plan and view.

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Mainsail FAQ

Can you rent out a Mainsail condo?

Yes. Current listings show short-term rentals allowed, and many units have rental histories. Confirm current association rules before you buy.

How much are Mainsail HOA fees?

Recent listings show dues of roughly $3,000 to $3,700 per quarter, depending on the unit. Dues typically cover insurance, internet, cable, water, sewer, trash, security and grounds. Ask for the current budget and fee for the specific unit.

How much do Mainsail condos cost?

Units for sale are asking $489,000 to $1,249,900. Only 4 units sold in the past 12 months, all 2-bedrooms, for $419,000 to $642,500.

Is Mainsail on the beach?

Yes. Mainsail is a Gulf-front resort with about 700 feet of private beach. Units in the buildings closest to the Gulf have the most direct views.

Why have so few Mainsail condos sold recently?

Only 4 units closed in the past 12 months while 14 are listed. Many asking prices sit above recent sales, so buyers have been selective. That gives buyers leverage on price and terms.

Are pets allowed at Mainsail?

Some listings describe Mainsail as pet friendly, but rules can differ for owners and rental guests. Confirm with the association before you buy.

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