114 Mainsail Drive #257, Miramar Beach, FL 32550
As of September 24, 2026, 114 Mainsail Drive #257 in Mainsail Condo Ph 5, Miramar Beach is listed at $1,195,000. That is 60% below Mainsail Condo Ph 5's median closed sale of $2,962,500 over the last 12 months (90 recorded sales). It has been 27 days on market, well inside the community's typical 54 days. Listing facts: built in 1985, waterfront. Figures are from the MLS record and county data; deemed reliable but not guaranteed.
- No CDD assessment on record
- Built 1985 · 41 yrs
- 27 days on market
- HOA ~$50/mo (estimate; confirm)
Pricing & the WATERCOLOR market
How this home is priced against recent nearby sales, and where WATERCOLOR has been over 25 years. Momentum Research analysis of Emerald Coast MLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.
Median sale price by year
12-month median closed price, 2012–2026.
Market Heat by year (0–100)
Momentum Market Heat, 2013–2026. Now 47 (normal).
This home’s history
- 1985BuiltPer public record
- Aug 29, 2026First trackedObserved at $1,195,000
- NowActiveCurrently for sale
Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Estimated monthly payment
- Principal & interest $6,328/mo 78%
- Taxes $1,046/mo 13%
- Insurance $648/mo 8%
- HOA $50/mo 1%
$8,072/mo at 20% down, 30-yr @ 6.95% · edit any field to update.
Editable estimate — not a loan offer. Estimates only; see data & estimate notes.
Property taxes
✓ Based on certified county tax rollMany first-time Florida buyers are surprised when property taxes jump after closing. This estimate helps you budget before you make an offer.
Most of this comes from Florida’s Save Our Homes assessment cap resetting when the home sells — the current owner’s protected assessment doesn’t transfer to a new buyer.
Adjust for your exemptions, portability, and down payment
A market / assessed / taxable trend chart appears here once the prior-year rolls are ingested.
Sources: Florida DOR certified tax roll (2025), Emerald Coast AR. County public record, not MLS data — matched to this home by parcel ID. Estimates are not a tax bill.
Momentum Property Score
70/100 is strong across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.
A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.
Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
The Momentum read
35% of homes in WATERCOLOR are owner-occupied. An estimated 65% are non-owner-occupied, including 26% held in a company or trust and 42% out-of-state owners.Why it matters: a high owner-occupied share typically means fewer rentals nearby and steadier resale demand.Source: Florida Department of Revenue 2025 assessment roll (public records), 2738 homes matched. Community-level context.
Recent WATERCOLOR sales closed near 94.2% of original asking.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Emerald Coast MLS records, community-level, 12 months ending September 20, 2026. Aggregates only; deemed reliable but not guaranteed.
What’s unique here: one of only 816 active listings in WATERCOLOR, no CDD assessment.
Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ
Updated September 24, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
About this home
RARE 4 BEDROOM GULF FRONT OPPORTUNITY WITH 2,164 SQ FT! Boujee on Miramar Beach is a completely transformed 4 bedroom, 3 bath luxury condo in the gated Gulf front Mainsail community, with beautiful Gulf views from several rooms and private balconies. The entire condo was redesigned by the owner, a former designer for ABC's Extreme Makeover: Home Edition, creating a sophisticated, vibrant and incredibly fun condo filled with bold color, personality and thoughtful design.
Two condos were combined to create an impressive layout that sleeps 10 with two living areas, two king primary suites and a stunning custom kitchen made for gathering. The transformation extends throughout with new flooring, paint, trim, molding, lighting, custom cabinetry, quartz surfaces, beautifully updated bathrooms and designer finishes. Spend mornings overlooking the Gulf and days on Mainsail's private sugar white beach.
Offered furnished, this one stands out as a luxury beach home, second home or income producing investment. Ideally located in Miramar Beach near Sandestin, Grand Boulevard, dining, shopping, nightlife and entertainment, with Destin to the west and Scenic Highway 30A easily accessible to the east. This is not just another beach condo.
It is a destination in itself. The attention to detail at Boujee on Miramar Beach goes well beyond the major transformation. Thoughtful extras throughout the condo add function, convenience and personality.
Just across from the kitchen is a separate beverage and coffee station with a wine chiller, ice maker and additional storage, creating a dedicated space for everything from morning coffee to evening drinks. A pantry provides additional kitchen storage, while in unit laundry adds everyday convenience. Storage is another unexpected bonus.
An exterior storage room is located just outside the front entry, providing easy access for frequently used items. Two additional ground level storage units, #6 and #7, offer even more room for beach gear and owner belongings without taking up valuable space inside the condo. Mainsail offers direct private beach access, a community pool, hot tub, fitness center, grilling areas and a gated entrance with an attended gatehouse.
Additional guest parking is available. The location puts some of the best of the Emerald Coast within easy reach. Boating, fishing, watersports, shopping, dining, live entertainment and nightlife are nearby.
Silver Sands Premium Outlets, Grand Boulevard, Baytowne Wharf and Sandestin are just minutes away, with Destin to the west and Scenic Highway 30A to the east. What makes this condo especially memorable is that the property itself is part of the vacation. With its bold design, generous layout and Gulf front setting, Boujee on Miramar Beach is a place guests and owners can look forward to coming back to again and again.
All 51 photos
Description provided by Barbee Realty Inc and reproduced from the MLS; not independently verified.
Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
Public records & third-party data
Calculated estimates
Buyer should verify Buyer verify
Similar homes for sale near MAINSAIL CONDO PH 5
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
Newest listings in MAINSAIL CONDO PH 5
- 108 Loblolly Bay Drive · $450,000 · 3 bd / 2.0 ba · listed September 22, 2026 (courtesy of World Impact Real Estate)
- 114 Mainsail Drive #Unit 322 · $699,000 · 3 bd / 3.0 ba · listed September 22, 2026 (courtesy of Berkshire Hathaway Home Services PenFed Realty)
- 75 Hog Penny Aly · $9,300,000 · 7 bd / 6.0 ba · listed September 22, 2026 (courtesy of The Agency Northwest Florida Beaches)
- 33 Rue Du Soleil · $2,950,000 · 5 bd / 4.5 ba · listed September 22, 2026 (courtesy of 30A Local Real Estate)
- 3770 E County Highway 280 · $460,000 · 2 bd / 2.0 ba · listed September 21, 2026 (courtesy of Southern Choice Properties Llc)
- 43 E Shipwreck Road · $749,900 · 4 bd / 3.0 ba · listed September 21, 2026 (courtesy of TruChoice Realty)
Recently off market in MAINSAIL CONDO PH 5
- 183 Norwood Drive · last listed $3,300,000 · 2026-09-23
- 145 Beachfront Trail ## 302 · last listed $535,000 · 2026-09-23
- 114 Mainsail Drive #Unit 101 · last listed $894,500 · 2026-09-23
- 136 Kaiya Avenue · last listed $6,450,000 · 2026-09-22
- 62 Brilliance Boulevard · last listed $472,500 · 2026-09-21
- 3524 J W Hollington Road · last listed $299,000 · 2026-09-21
Price & listing history
Building permits
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
Not yet verified for this address. Look up the parcel at msc.fema.gov before relying on any flood assumption.
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.
Internet & broadband
AT&T Fiber covers much of NE Florida; confirm availability at the address.
Xfinity/Spectrum cable broadband is widely available.
T-Mobile / Verizon fixed-wireless as a backup option.
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Listed by Barbee Realty Inc · MLS # 1010866
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Recent sales activity in MAINSAIL CONDO PH 5
Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the MAINSAIL CONDO PH 5 neighborhood guide for more.
Recent nearby closings in the data set.
Canonical 12-month median closed price. Reference only.
Canonical 12-month median $/sq ft. Reference only.
Go deeper on MAINSAIL CONDO PH 5
See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.
Assigned schools
Schools currently assigned to this address in Walton County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
Assigned schools per the MLS listing — assignments can change; confirm current zoning with the district. Browse school-zone pages →
Comparable recent sales
Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.
No closely comparable recent sales were found in this data set.
Investment snapshot
Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.
Buyer research checklist
Items worth confirming for 114 Mainsail Drive #257, chosen from what the record shows. This is general guidance, not advice about this specific property.
- Built in 1985 (41 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
- Condominium: request the association's budget, reserves, the most recent milestone or structural inspection report, and two years of meeting minutes before relying on the dues.
- Look up the parcel on FEMA's Flood Map Service Center and confirm with your insurer whether flood insurance is required.
- Get a homeowners insurance quote for this specific address in Walton County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
- Waterfront: confirm seawall or dock condition and permits, and ask who owns and maintains the shoreline.
- Confirm square footage and room dimensions independently.
- Order a survey to confirm lot boundaries and easements.
- Review permit history with the county.
- Property taxes: the estimate on this page (about $12,548/yr) assumes reassessment at the list price; the seller's homestead cap does not transfer, so their current bill is not a guide.
- School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Approximate distances
Approximate drive times for general reference only.
Data sources & freshness
| Listing record | Emerald Coast MLS, refreshed twice daily (last: September 24, 2026) |
| Community market stats | Emerald Coast MLS closed sales, as of September 20, 2026 |
| Flood zone & elevation | Not verified for this address — look it up at msc.fema.gov |
| Taxes & monthly cost | Estimated from county rates; not a quote |
| Insurance figure | Modeled estimate; obtain a real quote before offering |
| Schools | 2025-26 district assignments; verify with the district |
Momentum Research lines are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Frequently asked questions
How big is 114 Mainsail Drive #257 and when was it built?
Per the listing record, 114 Mainsail Drive #257 was built in 1985 and has 4 bedrooms and 3.0 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 114 Mainsail Drive #257 in?
114 Mainsail Drive #257 is in Mainsail Condo Ph 5 in Miramar Beach, Walton County. The community section on this page shows recent closed sales, days on market, and active inventory for Mainsail Condo Ph 5 from the same MLS data.
Why might property taxes on 114 Mainsail Drive #257 differ from the current owner's?
The estimate on this page (about $12,548 per year) assumes reassessment at the list price. Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment resets after a sale, so a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Is 114 Mainsail Drive #257 in a flood zone?
A flood designation has not been verified for this address. Look up the parcel on FEMA's Flood Map Service Center (msc.fema.gov) and confirm with your insurer.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
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Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.
Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.
Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.
No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.
MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Emerald Coast Association of REALTORS® Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Emerald Coast Association of REALTORS®. © 2026 Emerald Coast Association of REALTORS®, Inc. All rights reserved.
Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.