$627,999
Miramar Beach, FL 32550
MLS# 973196
3 beds | 3 baths | 1546 sqft

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Property Description
Wake up to lake and Gulf views from your private balcony in the heart of Seascape Resort. Located at 122 Stewart Lake Cove #278, this well-positioned condo offers the beach lifestyle buyers come to Destin for--just a short stroll to sugar-white sand, restaurants, golf, tennis, and resort amenities. Overlooking Stewart Lake with Gulf views beyond, this property delivers the rare combination of scenery, convenience, and strong vacation rental performance. Generating approximately $60,000-$65,000 in annual rental income, it's an opportunity for investors, second-home buyers, or anyone looking for a property that works while they're away. Whether you're watching the sunset, heading to the beach, or maximizing rental potential, this is coastal living and investment value in one of the area's most sought-after locations.
Details
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Status Change Info
Status: Active
Contract Info
List Date: 2025-04-07
Current Price: $627,999
List Price: $627,999
List Price/SqFt: 406.21
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
Bedrooms: 3
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
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
Supplements
Over $35,000 In reservations on the books for 2026. MOTIVATED SELLER! Price adjustment to $627,999, 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!
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.
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks | Dimensions |
| Bedroom | Second | 17 x 18 | 17.00 | 18.00 | to be verified | 17 x 18 |
| Bedroom | First | 13 x 14 | 13.00 | 14.00 | to be verified | 13 x 14 |
| Bedroom | Second | 14 x 15 | 14.00 | 15.00 | to be verified | 14 x 15 |
| Kitchen | First | 14 x 10 | 14.00 | 10.00 | to be verified | 14 x 10 |
| Living Room | First | 16 x 16 | 16.00 | 16.00 | to be verified | 16 x 16 |
Listing Office: RE/MAX Coastal Properties
Last Updated: June - 29 - 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.
Floor Plan 1
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