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221 Scenic Gulf Dr Unit 250, Miramar Beach, FL, 32550

4beds
4baths
2,844sqft
$2,695,000
$948price/sqft
$19,259/moest. monthly cost
$770,360/yrincome needed

About This Home

In the heart of Miramar Beach, this beautifully remodeled, rental restricted condo offers an exceptional blend of luxury, comfort, and effortless coastal living. Located in Grand Dunes II, Villa 250 features 4 bedrooms, 4 bathrooms, and 2,844 square feet of thoughtfully designed living space, all complemented by breathtaking Gulf views from its prime position, offering the feel and perspective of a 4th floor elevation. Completely remodeled in 2022, this Villa has been extensively updated with a level of detail that truly sets it apart. From all new plumbing, electrical, lighting, fixtures, and fans, to remodeled bathrooms taken down to the studs, nearly every space has been reimagined with both style and function in mind. New floating LVP flooring, updated closets, fresh paint, new shades throughout, and a Moen leak detection system added in April 2026 provide both beauty and peace of mind. The Villa also features a new HVAC system installed in 2022, offering added comfort and peace of mind. The Villa is being offered with select furnishings, with exclusions. From the moment you step into the private entry foyer, the home feels welcoming and refined. The open concept living area is filled with natural light thanks to floor to ceiling windows that frame the stunning emerald waters of the Gulf beyond. With 9.5 foot ceilings and generous gathering spaces, this home was designed for both relaxed everyday living and memorable entertaining. The kitchen is a true showpiece and a dream for anyone who loves to cook or host. Reconfigured to create additional space, it now accommodates a larger island with added storage, a commercial grade Wolf dual fuel range with hood, a large Sub Zero refrigerator, new dishwasher and microwave, and a custom pantry converted from the former hallway room. Quartz surfaces were added throughout the kitchen, bar, pantry, laundry, front entry, and even the window sills, while all new soft close cabinetry and updated hardware bring a clean, elegant finish. A reverse osmosis water purification system serves the kitchen sink, refrigerator, and ice machine, and Delta touch activated faucets add a thoughtful modern touch. The added bar area with two wine refrigerators makes entertaining even more effortless. The Primary Suite is a private retreat, offering a sitting area, beautiful ceiling detail, and reconfigured closets for improved organization and storage. The spa inspired primary bath has also been reimagined, with a redesigned tub and shower layout that enhances both comfort and style. All bathrooms have been fully remodeled with new flooring, tubs, showers, toilets, and fixtures, creating a fresh, elevated feel throughout the home. One of the most special features of this Villa is the expansive Gulf front balcony. Spanning approximately 350 square feet and 11 feet deep, this outdoor living space is ideal for morning coffee, sunset dinners, or simply taking in the sound of the waves. Complete with a built in natural gas grill and hurricane shutters, it extends the living experience beautifully outdoors. Grand Dunes offers: "Super Quiet Interiors", 24 hour security, gated entry, lush landscaping, 3 levels of gated underground parking for owners, grand lobby, semi-private elevators leading into your private foyer, private heated pool & hot tub, Owner's Lounge with Gulf front Fitness Room, Over-flow suites for guests, 200' of deeded beach, serene streams, majestic waterfall and a Lagoon Style Gulf front pool area with Hot Tub shared by both buildings and Beach Service. Grand Dunes is the Emerald Coast's Most Desired Rental Restricted Beachfront Development!

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
51
BikeBikeable

Schools

8/10
8/10
South Walton High SchoolGrades 9-1210.2 mi

Construction

Condition

  • Property condition: Construction Complete,Renovated
  • Year built: 2007

Materials

  • Construction materials: Concrete

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Microwave,Range Hood,Refrigerator,Washer,Electric Water Heater
  • Laundry features: Washer/Dryer Hookup

Bedroom

  • Level: First
  • Area: 264
  • Dimensions: 22 x 12

Bedroom

  • Level: First
  • Area: 216
  • Dimensions: 18 x 12

Bedroom

  • Level: First
  • Area: 195
  • Dimensions: 15 x 13

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Breakfast Bar,Crown Molding,Vaulted Ceiling(s),Tray Ceiling(s),Kitchen Island,Recessed Lighting,Pantry,Shelving,Split Bedroom,Elevator
  • Window features: Double Pane Windows,Window Treatments,Hurricane Shutters
  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Central,Heat High Efficiency,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,844
  • Total interior livable area: 2,844 sqft

Kitchen

  • Level: First
  • Area: 150
  • Dimensions: 15 x 10

Living Room

  • Level: First
  • Area: 340
  • Dimensions: 20 x 17

Master Bathroom

  • Level: First
  • Area: 286
  • Dimensions: 22 x 13

Property

Details

  • Parcel number: 332S21422550000250

Features

  • Pool features: Heated,In Ground
  • Patio & porch: Covered,Deck,Patio
  • Exterior features: Outdoor Grill,Balcony,Columns,Outdoor Shower,Sprinkler System,Tennis Court(s)
  • Has view: Yes
  • View description: Bay,Gulf
  • Has water view: Yes
  • Water view: Bay,Gulf
  • On waterfront: Yes
  • Waterfront features: Gulf

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Guest,Garage,Covered
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $13,627$163,524
Home Insurance *$3,435$41,220
Property Taxes $1,911$22,932
Electricity $286$3,434
Total$19,259$231,108
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$660,308/yr
40% on housing$577,770/yr
45% on housing$513,573/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

$948This listing

vs Other Active Listings

Avg $/sqft

ZIP 32550$424
Walton County$483

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
2026-07-08Listed for sale$2,695,000
2021-09-15Sold$1,650,000
2014-09-03Sold$936,000
2014-03-04Listed for sale$949,000
2007-05-24Sold$1,255,000

For Sale by Agent

AgentNishita Patel
BrokerageGrand Resorts Inc

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