219 Open Gulf Street, Miramar Beach, FL 32550 - Guiding You Home with Experience, Expertise & Integrity.

$8,995,000

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… Read More 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. Read Less

Courtesy of Arlen Busenitz, Legacy Premier Agency LLC.

Listing Snapshot

Days Online

Last Updated

Apr 29, 2026

Beds

Square Ft.

5,961

Lot Size

0.4 Acres

Year Built

2018

MLS Number

1000386

30 Days Snapshot Of 32550

$692k

-16%

(avg) sold price

-15%

homes sold

126

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road frontage: "County Road", Road surface: "Paved"

Building

Architectural style: "Mediterranean", Total area: 5,961, Built in 2018

Cooling

"Central Air"

Exterior Features

"Balcony", "BBQ Pit/Grill", "Fenced Back Yard", "Hot Tub", "Lawn Pump", "Pool - Gunite Concrt", "Shower", "Sprinkler System", "Summer Kitchen"

Fence

"Fenced Lot-All", "Fenced Lot-Part"

Garage

2 spaces

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"

Lot

0.4 acres, 17,424 square feet, Area: 0, "Cleared", "Dead End", "Level", "Within 1/2 Mile to Water"

Parking

"Garage"

Property

View: "Gulf", "Unit Waterfront", "Gulf", "Shore - Natural"

Security Features

"Fire Alarm/Sprinkler"

Taxes

Annual amount: $60,997

Windows

"Window Treatmnt Some"

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