Investors and second-home buyers, this rare first-floor walk-out condo offers the perfect blend of versatility, convenience, and rental potential. Just steps from the white sandy beaches of the Emerald Coast, this 2-bedroom, 2-bath lock-off provides multiple leasing options, making it an ideal investment opportunity. The lock-off design allows you to rent it as a full 2-bedroom, 2-bath condo, a 1-bedroom, 1-bath unit with full living space, or a separate studio for private short-term stays. Enjoy the ease of ground-floor living with no elevatorssimply walk out to resort-style amenities, lush landscapes, and direct beach access. Whether you're seeking a profitable rental property or a low-maintenance vacation retreat, this condo delivers on all fronts.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 12.0 x 10.0
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 5
- Dining Area: 12.00 x 16.00
- Dining Area Level: First
- Living Room Dimensions: 11.0 x 12.0
- Studio Dimensions: 14.0 x 30.0
- Living Room Level: First
- Studio Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Breakfast Bar
- Floor Tile
- Furnished - All
- Lighting Recessed
- Lock Out
- Newly Painted
Appliances
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Fire Alarm/Sprinkler
- Microwave
- Refrigerator
- Smoke Detector
- Stove/Oven Electric
- Washer
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 5.0 x 12.0
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- BBQ Pit/Grill
- Hot Tub
- Pool - In-Ground
Pool and Spa
- Pool Features: Community
- Pool Private: Yes
Garage and Parking
Homeowners Association
- Association: Yes
- Association Fee: 1366
- Association Fee Frequency: Monthly
- Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Legal, Master Association, Recreational Faclty, Security, Cable TV, Trash
- Calculated Total Monthly Association Fees: 1366
School Information
- Elementary School: Van R Butler
- High School: South Walton
- Middle School: Emerald Coast
Amenities and Community Features
- BBQ Pit/Grill
- Beach
- Exercise Room
- Fishing
- Gated Community
- Golf
- Marina
- Pavillion/Gazebo
- Pets Allowed
- Playground
- Pool
- Tennis
- TV Cable
- Facilities: BBQ PitGrill2, Short Term Rental - Allowed, Pets Allowed2, Pickle Ball, TV Cable3, Gated Community, Tennis, Playground, PavillionGazebo2, Golf, Fishing, Pool2, Marina, Beach, Exercise Room
- Community Features: BBQ Pit/Grill, Beach, Exercise Room, Fishing, Gated Community, Golf, Marina, Pavillion/Gazebo, Pets Allowed, Playground, Pool, Tennis, TV Cable
Other Property Info
- Annual Tax Amount: 4066.909999999
- Source Listing Status: Active
- County: Walton
- Directions: Google Maps to 5002 S Sandestin Blvd. 6131/6133 is located in Luau II
- Tax Year: 2024
- Source Property Type: Residential
- Area: 15 - Miramar/Sandestin Resort
- Property Subtype: condo
- MLS Area Minor: 1503 - Sandestin Resort
- Source Neighborhood: LUAU II
- Parcel Number: 35-2S-21-42600-000-6131
- Subdivision: LUAU II
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1204
- Year Built: 2006
- Building Area Source: County PA Records
- Building Area Total: 1204
- Property Age: 19
- Property Condition: Construction Complete
- Building Total Stories: 12
Utilities
- Electric
- Public Sewer
- Public Water
- TV Cable
Home Features
- Energy: AC - Central Elect, Heat Cntrl Electric, Storm Doors, Water Heater - Elect