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114 Mainsail Dr Unit 182, Miramar Beach, FL, 32550

3beds
3baths
1,462sqft
$925,000
$633price/sqft
$6,735/moest. monthly cost
$269,400/yrincome needed

About This Home

Experience elevated coastal living from this penthouse-level Gulf-front residence at the highly sought-after Mainsail community. Recently refreshed with new paint, this beautifully positioned condominium offers sweeping, unobstructed views of the Emerald Coast from a desirable southwest-facing balcony -- the perfect vantage point for enjoying breathtaking sunsets over the Gulf. The thoughtfully designed floor plan features 3 spacious bedrooms and 3 full bathrooms across more than 1,400 square feet of living space. The primary suite enjoys direct balcony access and stunning Gulf views, creating a serene retreat that seamlessly blends indoor and outdoor living. Property is offered fully furnished and rental ready and come with a impressive, consistent rental history. Expansive windows fill the residence with natural light, enhancing the bright coastal aesthetic and highlighting the panoramic scenery. Situated on approximately 15 acres of gated, Gulf-front property, Mainsail is a long-established favorite known for its exceptional beachfront setting and resort-style amenities. Residents and guests enjoy multiple beach access points along a wide stretch of sugar-white sand, along with a variety of amenities including: pool(s), hot tub, grilling areas, exercise room and more.

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

8/10
8/10
South Walton High SchoolGrades 9-129.9 mi

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 1983

Materials

  • Roof: Metal
  • Construction materials: Concrete,Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Refrigerator,Washer

Bathroom

  • Level: First
  • Area: 35
  • Dimensions: 7 x 5

Bathroom

  • Level: First
  • Area: 35
  • Dimensions: 7 x 5

Bedroom

  • Level: First
  • Area: 130.98
  • Dimensions: 11.1 x 11.8

Bedroom

  • Level: First
  • Area: 137.692
  • Dimensions: 11.6 x 11.87

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Vaulted Ceiling(s),Pantry

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,462
  • Total interior livable area: 1,462 sqft

Kitchen

  • Level: First
  • Area: 116.64
  • Dimensions: 14.4 x 8.1

Living Room

  • Level: First
  • Area: 360.36
  • Dimensions: 23.1 x 15.6

Master Bathroom

  • Level: First
  • Area: 103.68
  • Dimensions: 7.2 x 14.4

Master Bedroom

  • Level: First
  • Area: 195.19
  • Dimensions: 14.9 x 13.1

Property

Details

  • Parcel number: 332S21424100001820

Features

  • Exterior features: Balcony
  • Has view: Yes
  • View description: Gulf
  • Has water view: Yes
  • Water view: Gulf
  • On waterfront: Yes
  • Waterfront features: Gulf

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Coastal Flooding
Inland Flooding
Strong Wind
Tsunami

FEMA Declared Disasters in Walton County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,677$56,124
Home Insurance *$1,179$14,148
Property Taxes $682$8,184
Electricity $197$2,366
Total$6,735$80,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$230,914/yr
40% on housing$202,050/yr
45% on housing$179,600/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.1%
16.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 8.0%
8.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$633This listing

vs Other Active Listings

Avg $/sqft

ZIP 32550$429
Walton County$484

vs Homes Sold Last Month

Median $/sqft

ZIP 32550$483
Walton County$400

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-23Listed for sale$925,000
2022-08-29Sold$925,000
2022-07-11Pending sale$999,999
2022-04-21Price change$999,999
2022-04-18Listed for sale$1,000,000
2022-04-15Pending sale$1,000,000

For Sale by Agent

AgentWillis E Palmer
BrokerageBetter Homes and Gardens Real Estate Coast Properties

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