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Miramar Beach 32550
5423 Terrace Circle
$1,215,000
● House - Off Market

5423 Terrace Circle

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,322 Ft²
$6,842
Est. Monthly

About This Property

Experience the best of resort living in this beautifully appointed Mediterranean-style townhome, ideally situated on the beachside of Sandestin Golf and Beach Resort overlooking the picturesque par-3 fairway of the Baytowne Golf Course. Offering 3 bedrooms, 3.5 bathrooms, 2,322 square feet, plus a bunk room and flex room, this spacious residence provides exceptional versatility for owners and guests alike. A rare offering, this property includes a 2-car garage and a 6-passenger EZGO golf cart, both conveying with the sale, making it easy to explore all that Sandestin has to offer. Designed with both comfort and entertaining in mind, the open-concept floor plan features elegant crown molding and ceramic tile flooring throughout the main living areas. The well-appointed kitchen showcases granite countertops, ample cabinetry, and flows seamlessly into the dining and living spaces. A guest suite with a private en-suite bath is conveniently located on the first floor, with both the living area and guest bedroom opening directly onto the expansive patio--where breathtaking golf course views create the perfect backdrop for morning coffee or evening gatherings. Upstairs, the spacious primary suite offers a peaceful retreat complete with a walk-in closet and a luxurious en-suite bathroom featuring dual vanities, a large soaking tub, and a separate walk-in shower. An additional guest bedroom with its own full bath, along with the versatile bunk room and flex room, provides plenty of space for family, friends, or additional sleeping accommodations.

Offered fully furnished and rental ready, this exceptional property also boasts abundant storage and an unbeatable location just moments from the sugar-white beaches of the Gulf, championship golf courses, tennis and pickleball courts, the Baytowne Marina, world-class dining, shopping, entertainment, and the vibrant Village of Baytowne Wharf.

Whether you're searching for a primary residence, a vacation retreat, or a high-performing investment property, this rare Sandestin townhome delivers the perfect combination of luxury, functionality, and resort lifestyle.

As an introduction to the Sandestin lifestyle, we invite our new owners to explore amenities that make Sandestin special. The listing brokerage and seller(s) are presenting the buyer(s) of this property with (2) 90-minute rounds of Tennis court time, a golf foursome at one of our three championship courses, and a round of golf for up to four (4) players at the unrivaled Burnt Pine Golf Club.

Sandestin Golf and Beach Resort features more than seven miles of beaches and pristine bay front, four championship golf courses, 15 world-class tennis courts, a 226-slip marina, a fitness center, spa and celebrity chef dining. Shop, dine and play at the charming pedestrian village, The Village of Baytowne Wharf and more. Inside the gates of the resort, residents enjoy a balanced lifestyle of high-class living, spanning the 2,400 acres from the beach to the bay. Everything within the gates of the resort is accessible by golf cart or bicycle. The entire resort is interconnected by miles of pedestrian, bike and golf cart paths that weave through groves of live oaks, meandering past natural lagoons, fountains, man-made lakes, and meticulously landscaped fairways.
Unit Size
2,322 Ft²
Days on Market
46 days
Land Size
-
Price per sqft
$549
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
-

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Last updated: 28 days ago (ECAR #1008056)

Price History

Date / Event Date Event Price
Sep 4, 2026 Sold
Sold
Jul 29, 2026 In contract -
In contract
Jul 17, 2026 Listed by The Agency Northwest Florida Beaches $1,275,000
Listed by The Agency Northwest Florida Beaches
Apr 15, 2020 No longer available -
No longer available
Nov 15, 2019 Listed $799,000
Listed
Rare find with 2 car garage and 6 seater EZGO golf cart that convey. Located on the Beachside of Sandestin Golf and Beach Resort on a Par 3 fairway of the Baytowne Golf Course this Mediterranean style luxury townhome has unmatched views from the expansive patio and private balcony. The open floor plan offers crown molding and ceramic tile downstairs through the powder room, kitchen with granite counter tops, living area and guest bedroom with en suite bath with patio access from both. Upstairs the master bedroom suite has balcony access, walk-in closet, en suite bathroom with double vanity, large soaking tub, and separate walk-in shower. Another guest bedroom and bathroom complete the second level. Lots of storage, fully furnished and rental ready. The manager has listed the unit size as 2186 square feet.
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 35
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,262
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIVOLI TERRACE
  • Land Acres: 0000000052
  • Standard Land Use Code: 1002
  • County Land Use Code: 0166
  • State Land Use Code: 01
  • Legal Description 1: LOT 5423 TIVOLI TERRACE PHASE 1 OR 1608-292 OR 2172-425 OR 2405-341

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950609

Zoning

  • Zoning: SD

Geography

  • Assessors Map Reference: S2-35-21
  • Subdivision Phase Number: 1
  • Parcel: 35-2S-21-42400-000-5423
  • Block: 54
  • Lot: 5423
  • Meridian: SEC 35 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.373
  • Longitude: -86.329

    Address

  • Full Address: 5423 Terrace Cir
  • Address - House Number: 5423
  • Address - Street Name: Terrace
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 4265
  • Zip Code: 32550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $538,082
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,136,939
  • High Value: 1,392,560
  • Low Value: 881,317

    Market Valuation

  • Market Total Value: $580,619
  • Market Improvement Value: $580,619

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $580,619
  • Assessed Improvements Value: $580,619

    Sales

  • Current Sale Contract Date: May 17, 2002
  • Current Sale Recording Date: May 20, 2002
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 714810
  • Previous Sale Recording Date: Mar 01, 2000
  • Previous Sale Contract Date: Feb 25, 2000
  • Previous Sale Amount: $452,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 5423 Terrace Circle built and last sold?
The property at 5423 Terrace Circle was built in and last sold on May 17, 2002 for $445,000.
How much is this home worth?
The estimated value of the home located at 5423 Terrace Circle is $1,275,873.
What are some comparable homes to 5423 Terrace Circle?
There are currently no comparable homes to 5423 Terrace Circle.