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Key Details
Sold Price $1,200,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 3,933 sqft
Price per Sqft $305
Subdivision Frangista Beach 1St Addn
MLS Listing ID 850810
Sold Date 12/14/20
Bedrooms 7
Full Baths 7
Half Baths 1
Construction Status Construction Complete
HOA Y/N No
Year Built 2020
Property Description
Designed to maximize rental income, this NEW 7 BR/7 1/2 Bath rental machine W/ $183,229 PROJECTED ANNUAL INCOME & 16-28% ESTIMATED RETURN ON CASH , offers everything vacation renters are looking! Earn an est $46,594 Annual NET Income. 3 living areas including huge game & bunk rm, large dining area, 360 SF covered porches, large, private, fenced yard w/heated, saltwater pool, spa, fire pit, outdoor kitchen & living area comfortably accommodate 28+ guests. Quick access to the gated, deeded beach access, golf, tennis, fantastic restaurants & shopping. Sold beautifully furnished and rental ready. Lots of parking & NO HOA fees.
Location
State FL
County Walton
Area 15 - Miramar/Sandestin Resort
Zoning Resid Single Family
Rooms
Guest Accommodations Beach,Deed Access
Kitchen First
Interior
Interior Features Breakfast Bar, Ceiling Raised, Floor Laminate, Floor Vinyl, Furnished - All, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
Appliance Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Warranty Provided, Washer, Wine Refrigerator
Exterior
Exterior Feature Balcony, Fenced Back Yard, Fenced Lot-Part, Fenced Privacy, Patio Covered, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Summer Kitchen
Pool Private
Community Features Beach, Deed Access
Utilities Available Electric, Phone, Public Sewer, Public Water, TV Cable
Private Pool Yes
Building
Lot Description Interior, Level, Storm Sewer, Survey Available, Within 1/2 Mile to Water
Story 3.0
Structure Type Frame,Roof Metal,Siding CmntFbrHrdBrd,Slab
Construction Status Construction Complete
Schools
Elementary Schools Destin
Others
Energy Description AC - 2 or More,AC - Central Elect,Double Pane Windows,Heat Cntrl Electric,Water Heater - Gas,Water Heater - Tnkls
Financing Conventional
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Bought with Better Homes and Gardens Real Estate Emerald Coast