122 Stewart Lake Cove UNIT 278, Miramar Beach, FL 32550 (MLS# 973196)

122 Stewart Lake Cove UNIT 278, Miramar Beach, FL 32550

$650,000

Virtual Tour

https://my.matterport.com/show/?m=XVnW64dgce6&play=1&qs=0&nt=1&help=2&brand=0&mls=1&

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,546 Status: Active

Current Price: $650,000 List Date: 4/07/2025 Last Modified: 12/08/2025

Description

MOTIVATED SELLER! Sharp $25K price drop to $650,000 on this turn-key, lakefront 3BR/3BA townhome in Seascape Resort. Proven $60K-$68K+ gross rental income annually with 2026 already pacing +18%. Identical unit next door sold $675K in July. Delivered fully furnished & rental-ready - future bookings, financials & mgmt transfer at closing. Direct Stewart Lake views, steps to 2,000 ft of deeded beach, pools, golf, tennis & Whale's Tail. Rare 3 full baths, ground-floor BR, sleeps 8-10 easily. Low $650/mo HOA covers everything. Best priced, highest-producing lakefront 3/3 in Seascape today. Seller says SELL - bring offers!

Supplements: Take a quick, easy walk to enjoy your deeded beach access, a provision exclusive for Seascape residents. Indulge in endless afternoons under the sun, against a backdrop of serene- Gulf views that are only steps away. Residing here means having the power to enrich your every day with an invigorating and opulent coastal lifestyle.The Seascape Resort is a well-established community known for its generous amenities and vibrant social scene. Engage in a friendly match on the Tennis or Pickle Ball courts, challenge your friends at a round of golf, or simply let loose at one of the lively resort concerts. Your options for leisure or recreation are boundless. Situated close to the beach, this condo guarantees seaside living at its finest - where every day feels like a vacation. Don't miss the chance to own a piece of this charming paradise. Get in touch today to schedule a showing, and see for yourself the promise of unrivaled luxury and leisure that this Condo holds.

More Information MLS# 973196

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 420.44 List Date: 2025-04-07 Current Price: $650,000 List Price: $650,000

Location, Tax and Legal

Unit #: UNIT 278 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: UNIT 278 SEASCAPE CONDO PH 7 SUBPHASE 1 & AN UNDIVIDED INTEREST IN COMMON ELEMENTS AS REC IN OR 341-694 OR 857-68 OR 1506-294 OR 2494-1278 OR 2906-96 OR 3033-561 OR 3215-789

General Property Info

Sub-Type: Condominium Design: N/A SqFt Source: County PA Records Balcony SqFt: 400 Stories In Unit: 2 # of Units in Bldg: 8 Stories in Building: 2 Unit Floors Above Ground: 2 Immediate Occupancy: Yes Pre-Const Flip: No Garage: No Carport: No Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 1546 Bedrooms: 3 Full Baths: 3 Total Bathrooms: 3 Year Built: 1985

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 1098 Annual Assessment Amount: 13176 Assessment Paid: Monthly New Buyer Fee: Yes New Buyer Fee Amt: 825 New Buyer Fee Paid: $ Last Taxes: 5449.19 Last Tax Year: 2024 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: MOTIVATED SELLER! Sharp $25K price drop to $650,000 on this turn-key, lakefront 3BR/3BA townhome in Seascape Resort. Proven $60K-$68K+ gross rental income annually with 2026 already pacing +18%. Identical unit next door sold $675K in July. Delivered fully furnished & rental-ready - future bookings, financials & mgmt transfer at closing. Direct Stewart Lake views, steps to 2,000 ft of deeded beach, pools, golf, tennis & Whale's Tail. Rare 3 full baths, ground-floor BR, sleeps 8-10 easily. Low $650/mo HOA covers everything. Best priced, highest-producing lakefront 3/3 in Seascape today. Seller says SELL - bring offers!

Construction Status

Construction Complete: 1

Project Facilities

BBQ Pit/Grill: 1 Beach: 1 Deed Access: 1 Exercise Room: 1 Fishing: 1 Gated Community: 1 Golf: 1 Pets Allowed: 1 Pickle Ball: 1 Playground: 1 Pool: 1 Short Term Rental - Allowed: 1 Tennis: 1 TV Cable: 1 Waterfront: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1

Exterior

Balcony: 1 Patio Enclosed: 1

Interior

Ceiling Vaulted: 1 Floor Hardwood: 1 Furnished - All: 1 Kitchen Island: 1 Owner's Closet: 1 Plantation Shutters: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1

Financing

Conventional: 1 FHA: 1 VA: 1

Appliances

Cooktop: 1 Dishwasher: 1 Dryer: 1 Microwave: 1 Refrigerator: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - Central Elect: 1

Bedroom

First: 1 Second: 1

Kitchen

First: 1

Living Room

First: 1

Rooms

Bedroom: 1 Kitchen: 1 Living Room: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Insurance: 1 Internet Service: 1 Legal: 1 Management: 1 Master Association: 1 Security: 1 Trash: 1 TV Cable: 1 Water: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 122 Street Name: Stewart Lake Street Suffix: Cove State: FL Zip Code: 32550 County: Walton Project Name/Subdivision: SEASCAPE CONDO PH 7 Parcel ID: 29-2S-21-42760-000-0278

Property Features

Construction Status: Construction Complete Project Facilities: BBQ Pit/Grill; Beach; Deed Access; Exercise Room; Fishing; Gated Community; Golf; Pets Allowed; Pickle Ball; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront Exterior: Balcony; Patio Enclosed Interior: Ceiling Vaulted; Floor Hardwood; Furnished - All; Kitchen Island; Owner's Closet; Plantation Shutters; Washer/Dryer Hookup; Window Treatment All Appliances: Cooktop; Dishwasher; Dryer; Microwave; Refrigerator; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water Energy: AC - Central Elect Bedroom: First; Second Kitchen: First Living Room: First Rooms: Bedroom; Kitchen; Living Room Financing: Conventional; FHA; VA Fees Include: Accounting; Ground Keeping; Insurance; Internet Service; Legal; Management; Master Association; Security; Trash; TV Cable; Water

Room Information

Bedroom Level: Second Dimensions: 17 x 18 Length: 17.00 Width: 18.00 Remarks: to be verified Dimensions: 17 x 18 Bedroom Level: First Dimensions: 13 x 14 Length: 13.00 Width: 14.00 Remarks: to be verified Dimensions: 13 x 14 Bedroom Level: Second Dimensions: 14 x 15 Length: 14.00 Width: 15.00 Remarks: to be verified Dimensions: 14 x 15 Kitchen Level: First Dimensions: 14 x 10 Length: 14.00 Width: 10.00 Remarks: to be verified Dimensions: 14 x 10 Living Room Level: First Dimensions: 16 x 16 Length: 16.00 Width: 16.00 Remarks: to be verified Dimensions: 16 x 16

Documents

Floor Plan 1 ›

Floor Plan 2nd Floor ›

Seller Disclosure ›

SEASCAPE RESORT Prospective Buyer Packet ›

Seascape Master Association Coverage ›

Seascape COA vs HOA Responsibilities ›

HOA/COA Rider for Stewart Lake Cv 278 ›

Cost To Own with Rental Income ›

Listing Office: RE/MAX Coastal Properties

Last Updated: December - 08 - 2025

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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