2 bedroom Condominium at 4722 Westwinds Drive #4722, WESTWINDS AT SANDESTIN CONDO, Miramar Beach — photo 1Front elevation
2 bedroom Condominium at 4722 Westwinds Drive #4722, WESTWINDS AT SANDESTIN CONDO, Miramar Beach — photo 2Living space
2 bedroom Condominium at 4722 Westwinds Drive #4722, WESTWINDS AT SANDESTIN CONDO, Miramar Beach — photo 3Kitchen
2 bedroom Condominium at 4722 Westwinds Drive #4722, WESTWINDS AT SANDESTIN CONDO, Miramar Beach — photo 4Owner's suite
2 bedroom Condominium at 4722 Westwinds Drive #4722, WESTWINDS AT SANDESTIN CONDO, Miramar Beach — photo 5Exterior / yardView all 61 photos →
256 days on market Condominium
$1,149,900
2-Bedroom Condo in WESTWINDS AT SANDESTIN CONDO

4722 Westwinds Drive #4722, Miramar Beach, FL 32550

Condominium in WESTWINDS AT SANDESTIN CONDO, Miramar Beach · No CDD
WESTWINDS AT SANDESTIN CONDO · Miramar Beach, FL 32550 · Walton
Listing data updated July 26, 2026 · refreshed twice daily
2Bedrooms
2Bathrooms
1998Year Built
WaterfrontNo CDDFEMA Zone X
Momentum Research: independent market analysis, flood data, insurance estimates, buyer leverage, and objective property scoring, alongside the MLS listing. Not just the listing sheet.
Buyer leverage
Buyer advantage
256 days on market
Zone X
Flood risk
Minimal hazard per FEMA; ~20 ft elevation
$4k–$9k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.

Sources: realMLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes

Highlights
  • No CDD assessment on record
  • Built 1998 · 28 yrs
  • 256 days on market
  • HOA ~$50/mo (estimate; confirm)
Momentum Research · WATERCOLOR

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 emeraldcoast 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.

$696k$2.2M$3.6M2012: $980k20122013: $1.3M2014: $1.2M20142015: $1.1M2016: $1.4M20162017: $1.6M2018: $1.4M20182019: $1.6M2020: $1.8M20202021: $2.1M2022: $3.0M20222023: $3.3M2024: $3.3M20242025: $3.4M2026: $3.0M2026

Market Heat by year (0–100)

Momentum Market Heat, 2013–2026. Now 45 (normal).

10561012013: 3220132014: 512015: 1920152016: 452017: 3220172018: 282019: 7220192020: 422021: 8120212022: 922023: 6020232024: 532025: 4920252026: 452026
Property timeline

This home’s history

  • 1998BuiltPer public record
  • 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.

Financing

Estimated monthly payment

$7,410/mo
  • Principal & interest $5,827/mo 79%
  • Taxes $1,006/mo 14%
  • Insurance $527/mo 7%
  • HOA $50/mo 1%

$7,410/mo at 20% down, 30-yr @ 6.52% · edit any field to update.

Editable estimate — not a loan offer. Estimates only; see data & estimate notes.

Momentum Scores

Momentum Property Score

78/100
Strongest on: Affordability (100), Buyer competition (100)
0 limited50100 exceptional

78/100 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.

Affordability100
List price $1,149,900 vs the community median $3,000,000. Not a measure of personal affordability.
Flood safety95
FEMA Zone X, ~20 ft elevation. Verify the parcel with FEMA.
Insurance cost67
From FEMA Zone X and a 1998 build. Obtain a property-specific quote.
Market liquidity56
Community median 55 days on market (12-month record).
Buyer competition100
0% of recent closings here paid cash. A higher cash share means more competition from buyers who don't need financing (lower score).
Pricing power70
Recent sales closed at about 94.1% of original asking (~5.9% below). More room below asking generally favors buyers.
Market timing55
Momentum Market Heat is 45/100 (normal). Cooler readings generally favor buyers; hotter readings favor sellers.

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.

Momentum Research

The Momentum read

Recent WATERCOLOR sales closed near 94.1% of original asking. Cash paid for about 0% of recent closings here.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 realMLS records, community-level, 12 months ending July 25, 2026. Aggregates only; deemed reliable but not guaranteed.

What’s unique here: one of only 2599 active listings in WATERCOLOR, no CDD assessment.

Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ

Updated July 26, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Listing description

About this home

Smart money chases the highest return, NOT the highest view. GENERATING 30% MORE INCOME THAN OTHER UNITS WITH $81,508 ACTUAL 2024 RENTAL INCOME, ENJOY IMMEDIATE CASH FLOW! Own a property that works for you from day one.

Ideally located on the 3rd Floor, enjoy the convenience of skipping elevators & stepping right into your beach getaway. Its beautiful, professionally decorated interior is designed for comfort & functionality. Blending luxury living w/PROVEN rental performance, this fantastic condo offers you the Coastal lifestyle you've dreamed of.

Start your day w/a walk on the beach, work out at the fitness center & then head out for a pickle ball match just moments away. Unwind w/a sunset cocktail on your private balcony overlooking the turquoise waves, and cap it off w/dinner at Baytowne Wharf. A palette of coastal pale blues that perfectly compliment your Gulf vistas beyond, you'll be captivated by the thoughtful renovations w/LVP flooring throughout, and a beautiful, white kitchen w/quartz counters, large eating bar & NEW SS appliances.

A distinctive, tiled backsplash elevates the space. The master suite, in calming shades of blue, provides a tranquil setting and Gulf views from its private balcony. An elegant white, wood trimmed wall accents the spacious, 2nd bedroom.

Whether a primary residence, 2nd beach home or short-term rental property, begin enjoying your coastal retreat IMMEDIATELY, as the turn-key professional interior design extends throughout every room creating cohesive, luxurious spaces. In addition to the caged storage area in the underground parking lot, this unit also has a 2ND STORAGE UNIT located in the hall near the front door. Located within the renowned Sandestin Resort, the private beach, Gulf side pool, kiddie pool, spa and fitness center are a short walk or golf cart ride away.

Gulf enthusiasts will appreciate the proximity to world-class courses, while tennis & pickle ball players can perfect their game on courts nearby. The legendary Baytowne Wharf, with its charming attractions, restaurants & special events lies just a short golf cart ride away. This pedestrian-friendly village creates a sense of community while offering entertainment options for all ages, from welcoming festivals to sophisticated evening dining experiences.

Publix super market at Grand Boulevard ensures that grocery shopping remains effortless, while Grand Boulevard's fantastic restaurants & boutique shops offer endless opportunities for dining and retail therapy. Providing peace of mind to owners regarding structural integrity & safety standards, Westwinds has successfully passed the milestone & SIRS inspections and recently replaced all 4 elevators. In addition, the complex maintains strong reserves for any future projects.

This exquisite property embodies a lifestyle choice that prioritizes both luxury and financial prudence. Its combination of: ideal 3rd floor location w/elevated Gulf & foliage views without the long elevator wait, stunning interior, 4-seat golf cart WITH dedicated golf cart parking spot, PROVEN 30% HIGHER RENTAL HISTORY THAN OTHER UNITS, and access to world class amenities provides the perfect foundation for your coastal dreams. Enjoy the Sandestin coastal lifestyle at its finest--vibrant, effortless & unforgettable.

Description provided by RE/MAX Coastal Properties and reproduced from the MLS; not independently verified.

Property facts & sources

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

List price$1,149,900
Bed / bath2 / 2
Year built1998
Property typeCondominium
MLS #989428
Listing status256 days on market

Public records & third-party data

FEMA flood zoneZone X
Ground elevation~20 ft
Windstorm exposureLow
CountyWalton
Area listings2599 active · 480 under contract
Estimated first-year tax~$12,074/yr
CDD assessmentNone on record
HOA (estimate)$50/mo

Calculated estimates

Estimated monthly payment$7,410
Insurance (illustrative)$4k–$9k/yr
Comparable-sales median$3,000,000

Buyer should verify Buyer verify

Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
Listing courtesy of RE/MAX Coastal Properties · Listing agent: Karen K Martineau · manager@floridabrokers.comProvided via the Emerald Coast Association of REALTORS® Internet Data Exchange · Source: Emerald Coast Association of REALTORS® · © 2026 Emerald Coast Association of REALTORS®, Inc. · deemed reliable but not guaranteedIDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by the MLS to be accurate.
Keep looking

Similar homes for sale near WESTWINDS AT SANDESTIN CONDO

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.

Transparency

Price & listing history

Listed for $1,149,900Momentum Realty · on market 256 days
Public records

Building permits

Permit history not yet linkedAdd county permit records via overrides
Estimated ownership costs

Estimated costs & disclosures

Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.

Property tax (first-year est.)
~$12,074/yr

A rough first-year estimate only, applying a typical Walton rate to the list price before any exemptions. Florida bills vary substantially after reassessment, homestead and other exemptions, and local taxing districts — this is not your expected bill. Confirm with the county property appraiser.

CDD assessment
None

No CDD assessment on record for this community.

Insurance (illustrative range)
$4k–$9k/yr

An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood insurance not federally mandated (Zone X). Get a quote from a licensed insurer before relying on any figure.

HOA
$50/mo

Covers the master association & common areas. Confirm exact dues and what they include.

Environmental data

Flood zone & elevation

Sourced environmental data for the parcel. Confirm with FEMA and your insurer.

FEMA flood zone
Zone X

From the FEMA National Flood Hazard Layer. In this zone lender-required flood insurance is generally not mandated; confirm for the parcel.

Ground elevation
~20 ft

Approximate parcel elevation from USGS. Run --online for a live reading.

Windstorm / insurance
Obtain a quote

This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.

Connectivity

Internet & broadband

Fiber
Check availability

AT&T Fiber covers much of NE Florida. Run --online or confirm at the address.

Cable
Likely

Xfinity/Spectrum cable broadband is widely available.

5G Home
Backup

T-Mobile / Verizon fixed-wireless as a backup option.

Market data · public records

Recent sales activity in WESTWINDS AT SANDESTIN CONDO

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 WESTWINDS AT SANDESTIN CONDO neighborhood guide for more.

Comparable sales found
0

Recent nearby closings in the data set.

Community median sale price
$3,000,000

Canonical 12-month median closed price. Reference only.

Community median $/sq ft
$0

Canonical 12-month median $/sq ft. Reference only.

Go deeper on WESTWINDS AT SANDESTIN CONDO

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

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.

GRADEA
Van R ButlerAssigned elementary school · Walton County School District · Grade A (Florida DOE 2025-26)
GRADEA
Emerald CoastAssigned middle school · Walton County School District · Grade A (Florida DOE 2025-26)
GRADEA
South WaltonAssigned high school · Walton County School District · Grade A (Florida DOE 2025-26)
How it stacks up

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.

If you rent it out

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.

Estimated rent$5,270 – $7,666/moa rough gross-rent-yield range on list price (comp-based estimate coming).
Estimated cap rate4.4%Net operating income ÷ list price; excludes financing.
Est. monthly cash flow−$2,303 – −$146At 25% down, 30-yr; after a 10% vacancy/maintenance/management reserve.
Before you decide

Buyer research checklist

A neutral list of items to confirm for any home. This is general guidance, not advice about this specific property.

  • Confirm roof age and condition during inspection.
  • Confirm HVAC age and condition during inspection.
  • Request current HOA documents before relying on dues or restrictions.
  • Obtain an insurance quote for this specific property.
  • Confirm school zoning directly with the district.
  • Order a survey to confirm lot boundaries.
  • Review permit history with the county.
  • Confirm whether flood insurance is required for this parcel.
  • Confirm square footage and room dimensions independently.
  • Ask the county how property taxes may change after a sale.
Nearby & commute

Approximate distances

Approximate drive times for general reference only.

Provenance

Data sources & freshness

Listing recordrealMLS, refreshed twice daily (last: July 26, 2026)
Community market statsrealMLS closed sales, as of July 25, 2026
Flood zone & elevationFEMA flood maps + USGS elevation (Zone X shown above)
Taxes & monthly costEstimated from county rates; not a quote
Insurance figureModeled estimate; obtain a real quote before offering
Schools2025-26 district assignments; verify with the district

Momentum Research lines are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.

Answered before you ask

Frequently asked questions

Why might my property taxes differ from the current owner's?

Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment can be re-set after a sale. As a result 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.

Where does the flood-zone information come from?

The flood designation shown (Zone X) comes from the FEMA flood map and is provided for general information. Confirm the parcel's status with FEMA and 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.

Ready when you are

See 4722 Westwinds Drive #4722 in person

Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.

Call (904) 351-6461

Momentum Realty · licensed in FL & GA

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.