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Key Details
Sold Price $1,625,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 3,249 sqft
Price per Sqft $500
Subdivision Frangista Beach 2Nd Addn
MLS Listing ID 867944
Sold Date 05/21/21
Bedrooms 8
Full Baths 7
Half Baths 1
Construction Status Construction Complete
HOA Fees $141/qua
HOA Y/N Yes
Year Built 2019
Annual Tax Amount $5,386
Tax Year 2020
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Immaculate recently constructed home, primely positioned in the upscale Villas of Frangista Beach neighborhood, offers exceptional turnkey rental income. With gross revenue of $156k (actual rental rate, not including taxes, fees, cleaning, etc.) in 2020, and over $125k already booked with projections to reach $165k in 2021, this home is a proven rental machine. Purposefully designed from the ground up to achieve top rental income and vacation living, this home features 8 bedrooms and 7.5 baths, with a 3rd floor entertainment suite and a resort-style pool. Upscale finishes include granite and quartz counters, an oversized kitchen with modern stainless steel appliances, and a large open floor plan designed to entertain and flow with the outdoor amenities.
Location
State FL
County Walton
Area 15 - Miramar/Sandestin Resort
Zoning Resid Single Family
Rooms
Guest Accommodations Gated Community,Pool
Kitchen First
Interior
Interior Features Ceiling Crwn Molding, Floor Vinyl, Furnished - All, Kitchen Island, Owner's Closet, Window Treatment All
Appliance Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric, Washer
Exterior
Exterior Feature Balcony, Columns, Fenced Lot-Part, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Shower, Sprinkler System
Parking Features Oversized
Pool Private
Community Features Gated Community, Pool
Utilities Available Electric, Public Sewer, Public Water
Private Pool Yes
Building
Lot Description Survey Available, Within 1/2 Mile to Water
Story 3.0
Structure Type Roof Metal,Siding CmntFbrHrdBrd,Slab
Construction Status Construction Complete
Schools
Elementary Schools Van R Butler
Others
HOA Fee Include Accounting,Management,Master Association,Recreational Faclty
Assessment Amount $425
Energy Description AC - 2 or More,AC - Central Elect,Heat Cntrl Electric,Water Heater - Tnkls,Water Heater - Two +
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Bought with Keller Williams Realty Navarre
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