High rental income producing property in one of the only cottage communities near the ocean in Miramar Beach and Destin. The Gulfside Cottage community boasts a community pool, gazebo, and a walk path to the beach. The walk to the beach is about 120 steps. The cottage boasts a covered parking area with lockable storage unit for beach gear. The interior has had numerous updates in recent years including flooring, full painting, kitchen remodel, and most of the furniture is newer. The 3rd story crows nest boasts ocean views and a 2nd living area/bonus room. The second floor has an open living/dining area and a large wrap-around patio.
High rental income producing property in one of the only cottage communities near the ocean in Miramar Beach and Destin. The Gulfside Cottage community boasts a community pool, gazebo, and a walk path to the beach. The walk to the beach is about 120 steps. The cottage boasts a covered parking area with lockable storage unit for beach gear. The interior has had numerous updates in recent years including flooring, full painting, kitchen remodel, and most of the furniture is newer. The 3rd story crows nest boasts ocean views and a 2nd living area/bonus room. The second floor has an open living/dining area and a large wrap-around patio.
ECAR #583888
May 9, 2013
Sold
$525,000
$236/sq ft
Sep 13, 2012
Listed
$599,000
$269/sq ft
+14
Short sale - seller paid 1.2+, this is a fabulous deal for location! South side of Scenic Gulf Drive with Gulf Views. Beautiful setting with detached carport with locked storage unit. Private grassed back yard. Community has pool and beach walkover.
Public Records
May 4, 2005
Sold
$1,223,200
$549/sq ft
ECAR #383773
Apr 29, 2005
Sold
$1,200,000
$539/sq ft
Mar 16, 2005
Listed
$1,225,000
$550/sq ft
ECAR #349066
Sep 5, 2003
Sold
$599,000
$269/sq ft
Sep 1, 2003
Listed
$599,000
$269/sq ft
ECAR #324218
Mar 1, 2002
Sold
$405,000
$182/sq ft
Aug 1, 2001
Listed
$405,000
$182/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,600 (−13.1%)
$195,000 + $756,740
$951,740
2024
$9,895 (+1.5%)
$120,553 + $962,748
$1,083,301
2023
$9,749 (+44.5%)
$120,553 + $952,365
$1,072,918
2022
$6,747 (+30.0%)
2021
$5,189 (+10.4%)
2020
$4,702 (+3.0%)
$133,848 + $337,179
$471,027
2019
$4,563 (+2.6%)
$128,700 + $330,786
$459,486
2018
$4,449 (+10.2%)
$123,750 + $322,421
$446,171
2017
$4,037 (+0.2%)
$120,146 + $287,131
$407,277
2016
$4,027 (+3.3%)
$115,525 + $286,994
$402,519
2015
$3,899 (+10.9%)
$107,967 + $283,295
$391,262
2014
$3,516
Tax history for 159 Gulfside Way
Year
Property tax
Land + Additions
Assessment*
2025
$8,600 (−13.1%)
$195,000 + $756,740
$951,740
2024
$9,895 (+1.5%)
$120,553 + $962,748
$1,083,301
2023
$9,749 (+44.5%)
$120,553 + $952,365
$1,072,918
2022
$6,747 (+30.0%)
2021
$5,189 (+10.4%)
2020
$4,702 (+3.0%)
$133,848 + $337,179
$471,027
2019
$4,563 (+2.6%)
$128,700 + $330,786
$459,486
2018
$4,449 (+10.2%)
$123,750 + $322,421
$446,171
2017
$4,037 (+0.2%)
$120,146 + $287,131
$407,277
2016
$4,027 (+3.3%)
$115,525 + $286,994
$402,519
2015
$3,899 (+10.9%)
$107,967 + $283,295
$391,262
2014
$3,516
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
3
Stories
3
Lot width
7 ft.
Lot depth
9 ft.
Lot size
5,585 Sq. Ft.
Year renovated
2002
Sq. Ft.
2,228
Year built
2002
Style
Single Family Residential
County
Walton County
APN
332S21425300000140
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
CC
Coastal Center District
This district is primarily residential, allowing medium residential densities and supporting uses. All development is required to be connected to a public water and sewer system.
Permitted uses
Include but are not limited to:
Bank
Day care facility
Housing-Single unit
Housing-Multiple units
Mixed use building
Office
Medical office
Educational/school
Library
Museum / gallery
Jul 10, 2023 • Active
Mechanical standalone permit - licensed contractors only
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Has Carport
No
Parking Features: Other
Garage Spaces: 0.00
Carport Spaces: 1.00
Interior
Bedroom Information
Bedrooms: 4
Bedroom: First, Second
Master Bedroom: First
Bathroom Information
Full Baths: 3
Half Baths: 0
Total Baths: 3.00
Room Information
Rooms: Bedroom, Bonus Room, Kitchen, Living Room, Master Bedroom