Ocean Reef Real Estate Sales is proud to present this new listing for a beautiful family vacation residence that doubles as a lucrative short-term rental investment property. It has an outstanding location in Miramar Beach, steps away from the sugary shore at 932 Scenic Gulf Dr in the recently completed Miramar Beach Villas community.
The location and supply determine virtually everything related to value. This classic Mediterranean-styled residential enclave consists of only twelve townhomes. This two-level attached residence encompasses 2,200 square feet with four bedrooms, three ensuite luxury baths, and an extra full hall bath. Multiple beds and additional sleeping arrangements can accommodate up to sixteen fortunate beachgoers. It is professionally managed by our acclaimed Ocean Reef Resorts property management division. It is no surprise that the current annual gross rental income thru mid-October stands at $71,206.
This spacious townhome features exceptional craftsmanship with oversized parchment-toned tile and hardwood flooring. Soaring ten-foot-tall ceilings provide a regal look, along with rich crown molding, granite countertops, stainless steel appliances, and a tall tray ceiling in the Master Bedroom. It has a spacious open concept design for the living, dining, and kitchen areas. Two rows of windows provide abundant natural light. A warm latte-colored leather couch and two matching love seats easily convert into sleeper sofas if needed. They offer a comfortable seating ensemble that faces a large wall-mounted flatscreen TV for entertainment. Vibrant abstract colored paintings, seascapes, and marine life wall sculptures adorn the walls, providing a beach-inspired look.
Five chrome-based Vintage Modern chairs with sleek ebony seating are alongside a granite-topped kitchen island bar. Favorite drinks and tasty appetizers may easily be served here. The stunning kitchen has creamy white custom cabinetry and modern appliances that inspire some fun culinary creations.
A rectangular dining table beside a row of sunny windows has six fashionable high-backed chairs in multiple colors that match a large abstract painting nearby.
A private covered outdoor terrace includes an octagonal table with six upscale woven chairs along with a gas grill so you may enjoy wining and dining al fresco.
On this level, a handsomely furnished guest quarters includes a king-sized bed beside a vivid, colorful abstract painting and a sunny window. It has easy access to a full hall bath that also serves as a convenient powder room.
The Master Bedroom and two more guest quarters are upstairs with private ensuite luxury baths. The regal Master Suite with the elegant tray ceiling includes a king-sized bed, a row of windows, a large flatscreen TV mounted on a chic dark dresser, a very spacious closet, and a luxurious bath with double vanities along with a walk-in shower.
A lovely cottage-styled Guest Bedroom includes another king-sized bed, a large flatscreen TV, and a private bath with a walk-in shower.
The other guest quarters is perfect for kids since it includes two sets of twin bunks with an additional twin trundle and a flatscreen TV for entertainment. It also has direct access to a private bath with a tub shower combination.
The fantastic Miramar Beach Villas neighborhood features a big sparkling swimming pool with bathroom facilities, showers, and an expansive patio for sunny lounging.
This excellent location is in the heart of the highly sought-after vacation destination of Miramar Beach, just a short stroll away from the sugary shoreline with deeded beach access.
This centralized Miramar Beach location is close to popular gulf front restaurants with friendly beach bars that grace the coast here. A championship golf course and a professional tennis center are available for public play just a minute away at the Seascape Resort. Grocery stores, liquor wine shops, and bargain shopping at the famous Silver Sands Premium Outlet are also nearby. Silver Sands is one of the nation’s largest discount designer centers and is a popular shopping destination for world-class goods. A wide array of restaurants, rollicking bars, unique shopping adventures, family amusements, outdoor concerts, fun year-round festivals, and seasonal firework displays are only minutes away at the Village of Baytowne Wharf and swank Grand Boulevard in Sandestin.
This townhome may be sold completely furnished and beautifully decorated, available for immediate turnkey use as soon as you close your purchase contract. With a list price of $999,999, it is competitively priced at $454.55 per square foot. There are only two other comparable home properties available for sale nearby in this highly active market. They include a condo with two bedrooms and 1,619 square feet priced at $1,259,000, along with another listed for $1,299,000 with three bedrooms and 1,480 square feet. They come in at an average of $825.43 per square foot.
This excellent value-priced offering for a vacation home and rental investment property will not last long. Contact our Ocean Reef Real Estate office today at 877-392-6085 to schedule a tour, receive a Comparative Market Analysis, review detailed rental totals, and take advantage of this great buying opportunity.