Are you searching for an awesome Dream Home that can double as a very lucrative vacation rental investment property? If so you may have just struck gold! Ocean Reef Real Estate is proud to offer this new three-story home at 35 Clareon Drive in Seacrest Beach. This to-be-built property faces Scenic 30A in South Walton and will include six bedrooms and encompasses 5,221 square feet.
This highly sought after location is a popular destination among affluent families who vacation along Northwest Florida's Emerald Coast. The home's lavish creature comforts, meticulous attention to detail, high-quality workmanship, and state of the arts design will ensure regal residency. It is being crafted from the ground up to incorporate a proven design that will provide gracious entertainment space and wonderful hospitality. A private Gunite swimming pool will be just steps away, and it's a very short stroll away from the community beach access. You and your guests may go from taking a refreshing pool plunge to luxuriating in the glowing emerald toned gulf in no time.
For all of these reasons, gross rental projection estimates for the first year on the market come in at $220,000! This income will increase in subsequent years as it becomes a favorite choice among vacationing rental guests but could be somewhat affected by the owner's personal family use. Many lucky property owners use their beach homes here for special family vacations or holidays and rent them out at other times for income. This provides a wonderful "Win! Win!" situation.
This huge home will have a stately presence with bright white exteriors, an Old Florida styled metal roof, a poolside columned veranda and two covered upper-level balconies that provide sweeping panoramic views of the glistening gulf. Two bedrooms will be on the first poolside level, one on the second floor off the open living area band and three at top level including a couple of deluxe Master Suites. An elevator provides easy access to the upper two levels. This home will also feature six full luxury baths and a half bath powder room off the living area for convenience. The state of the art kitchen will include top-end stainless steel appliances including a refrigerator/freezer, ice maker, a hooded gas range with oven, a microwave, a dishwasher and trash compactor. The HVAC System will be zoned for high efficiency.
This premier home is currently under construction with a completion date set for 2020 so if you are the fortunate buyer there is still time to customize cabinetry, countertops and other features that will make this home your own.
You may purchase the property at $2,899,000 for 5,221 square feet. This comes in at a value price of $555.25 per square foot. There are 35 other single-family homes currently for sale in Seacrest Beach priced from $635,000 for a home with 1,190 square feet up to $12,750,000 for a 10,035 square foot gulf front mansion. The average price per square foot total for all of these other homes strands at $764.57 per square foot.
Contact our Ocean Reef Real Estate office today at 877-392-6085 for more detailed information, a complete complimentary Comparative Market Analysis, important professional vacation rental income data, and schedule a tour to discover your Dream Home!