62 Miami Street, Miramar Beach, FL 32550

$1,425,000
5
BD
5
BA
3,348
SqFt
List Price
$1,425,000
Price Change
▼ $70,000 1562604682
Days on Market
134
MLS#
820269
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
5
Bathrooms
5
Full Bathrooms
4
Half Bathrooms
1
Living Area
3,348
Lot Size
7,840
Neighborhood
1502 - Southwest Walton South

Property Description

10% ROI!! Looking for a great investment? This home will GROSS OVER $147K this year!! Amazing INCOME PRODUCING vacation rental property, located in the HIGHLY desired FRANGISTA BEACH, has a backyard you don't want to miss! AND ONLY 200 STEPS TO PRIVATE BEACH ACCESS!! 20+ Palm trees provide that UPSCALE RESORT LIVING you have been looking for! Enjoy your BACKYARD RETREAT with these INCREDIBLE amenities: a HUGE heated pool, ping-pong table, POOL table, HOT TUB, custom baggo set, gas grill, outdoor shower, and an amazing shaded TIKI-HUT! This home has been a favorite for years with guests! This home is 3,348 SF, 5 bed, 4.5 baths PLUS 1,000 SF spread-out over 5 balconies and porches!! The 1st floor layout boasts TWO bunk room Queen (built-in) bunks, Full bathroom, Hall bunk room, Laundry Room and 2 car garage. The 2nd floor is the main level of living with a large open floor plan. The living room flows into the dining area and kitchen, where you will enjoy a fabulous large dining table for 6 and 4 matching bar stools along the counter for plenty of seating. The attached wet bar area offers plenty of ice with the separate ice maker. 3 sets of French doors lead to the very spacious balcony over looking the backyard retreat. The kitchen is a gourmet's dream! Stainless everything and granite counter tops with plenty of storage. Also on the main level is a half bath and a KING MASTER SUITE with ensuite full bath. The 3rd floor features a SECOND living room, 2 more KING MASTER SUITES, both with ensuite baths and PRIVATE balconies. Notable items include: Hot tub replaced in 2017, 2 RINNAI tankless water heaters replaced summer 2018, NEW Fridge in April 2019, ALL 3 AC units replaced in 2014, 2015 and 2018, ENTIRE home painted in 2017 Rhino Shield Paint (ELASTOMERIC) paint! Home sold fully furnished and rental ready!! GREAT rental History!!! Items in owners closets do not convey. Buyer to verify all information and dimensions.

Additional Information

Acres
0.18
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Washer
Assmt Fee Term
Annually
Association
Emerald Coast
Construction Siding
Frame, Roof Tile/Slate, Stucco, Trim Vinyl
Design
Mediterranean
Elementary School
Van R Butler
Energy
AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat - Two or More, Heat Cntrl Electric, Water Heater - Tnkls, Water Heater - Two +
Exterior Features
Balcony, Columns, Deck Open, Fenced Back Yard, Fenced Privacy, Lawn Pump, Patio Open, Pool - Heated, Pool - In-Ground, Shower, Sprinkler System
High School
South Walton
Interior Features
Breakfast Bar, Ceiling Crwn Molding, Floor Hardwood, Floor Tile, Floor WW Carpet, Furnished - All, Hallway Bunk Beds, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar, Window Treatment All
Legal Description
Lot 12, Block A, Frangista Beach First Addition, according to the Plat thereof as recorded in Plat Book 2, Page 55, of the Public Records of Walton County, Florida.
Lot Dimensions
50X153
Lot Features
Level, Within 1/2 Mile to Water
Middle School
Emerald Coast
Neighborhood
1502 - Southwest Walton South
Parking Features
Garage
Project Facilities
Beach, Deed Access
Stories
3
Subdivision
Frangista Beach
Utilities
Electric, Phone, Public Sewer, Public Water, TV Cable
Year Built
2004
Zoning
Resid Single Family

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of 850 Properties - Santa Rosa Beach.