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

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

$641,000

Virtual Tour

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

Current Price: $641,000 List Date: 4/07/2025 Last Modified: 3/17/2026

Overview

Description

Over $35,000 In reservations on the books for 2026. MOTIVATED SELLER! Price drop to $641,000 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 $1017/mo HOA covers nearly 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 ... (Read more)

Listing Details MLS# 973196

Contract Info

List Price/SqFt: 414.62
Listing Board: Emerald Coast

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

General Property Info

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

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

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

More Information

Remarks & Misc

Remarks: Over $35,000 In reservations on the books for 2026. MOTIVATED SELLER! Price drop to $641,000 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 $1017/mo HOA covers nearly everything. Best priced, highest-producing lakefront 3/3 in Seascape today. Seller says SELL - bring offers!

Construction Status

Construction Complete: Yes

Project Facilities

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

Utilities

Electric: Yes
Public Sewer: Yes
Public Water: Yes

Exterior

Balcony: Yes
Patio Enclosed: Yes

Interior

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

Financing

Conventional: Yes
FHA: Yes
VA: Yes

Appliances

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

Energy

AC - Central Elect: Yes

Bedroom

First: Yes
Second: Yes

Kitchen

First: Yes

Living Room

First: Yes

Rooms

Bedroom: Yes
Kitchen: Yes
Living Room: Yes

Fees Include

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

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 ›

Rental Income Projection with 10% Fee ›

Listing Office: RE/MAX Coastal Properties

Last Updated: March - 17 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 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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