Ocean Reef Real Estate Sales is pleased to announce this new gulf front home listing with almost 2,300 square feet of space at 1783 Scenic Gulf Dr in Miramar Beach. It provides a wonderful opportunity to purchase your Forever Vacation Home, lucrative rental investment property, or a little bit of both!
This stately beach manor, also known as A Shore Thing, has been on a profitable vacation rental program with our highly esteemed Ocean Reef Resorts property management division. It comes beautifully furnished and ready for immediate use. It already boasts over $205,000 in gross rental income for the current year. This is not surprising since it features four lavish bedrooms, three gulf-front levels, and the ability to sleep ten beachgoers in the fantastic location of Frangista Beach. Besides the staircase, an elevator conveniently connects to each floor for easy accessibility.
Frangista Beach is an exclusive residential enclave in a Delos Master Plan Development that is so stunning it was featured in Coastal Living Magazine and shown on HGTV when first created. The highly sought locale in Miramar Beach is just east of Holiday Road on the unique palm-lined portion of Scenic Gulf Drive. This residential community includes a tropical oasis of sorts with a privately gated swimming pool and patio. It is a privileged place that features many custom-built homes, but the “best of the best” are situated right beside the crystalline white beach, and this is one of them.
Three levels of open verandas provide stunning panoramic 180-degree views of the glistening coastline. Steps lead down to your private beach below, where you may luxuriate in the glowing gulf or take leisurely strolls along the sugary shore. You also have the excellent option to take a refreshing dip in the private Plunge Pool on the beach level veranda, which looks across the sensational seascape. Each one of these comfortably furnished verandas invites you to experience the stellar views while enjoying your favorite drinks and listening to the soothing sounds of the surf.
The first floor includes a Guest Bedroom with an elegant four-poster queen-sized bed, a seating area, and a dresser with a flatscreen TV. It also features a full bath and a convenient Wet Bar since this bedroom has direct access to the beach veranda with the Plunge Pool.
The second floor includes an open concept design incorporating the living, dining, and kitchen areas. This inviting living area has golden hardwood flooring and comfortable cream-colored furnishings to complete the upscale coastal-styled ensemble. A couch, armchair with an ottoman, and two accent chairs face a large flatscreen TV on a handsome antique credenza. Three sets of floor-to-ceiling double glass doors leading to the veranda frame the gorgeous gulf views and accentuate a bright, spacious look. Lovely decorative art throughout the home includes marine life prints, seashells, assorted pottery, and sailboat paintings.
Four chic white high-backed chairs surround a round hardwood topped table beneath a vintage wrought iron shaded chandelier in the dining area.
The up-to-date kitchen features brushed stainless steel appliances, glass front custom cabinetry, and sleek black granite-topped counters. A countertop bar with seating to serve drinks and appetizers is also provided.
A handsomely furnished Guest Bedroom on this floor with a queen-sized bed, dresser, and flatscreen TV has access to a full hall bath that doubles as a powder room.
The lavish top floor Master Suite spans the Gulf side with a private romantic balcony to enjoy heavenly gulf views. The full moon casts its silvery shimmering light above the gulf during the summer months, while spectacular sunsets occur from Thanksgiving thru Mardi Gras. A regal four-poster king-sized bed provides views of the gulf through a triple set of double glass doors. It faces an armoire that houses visual entertainment and two beautifully patterned armchairs that provide comfortable seating.
The ensuite luxury bath features double vanity sinks, a walk-in shower, and a jetted spa tub adorned with Travertine marble.
Another lovely bedroom on this level looks out onto the palm-lined drive with a Juliet window balcony and has access to another full bath. It displays a cheerful countenance with sunny yellow walls, creamy white cottage-style furnishings, and a queen-sized bed.
This outstanding location on the sugary shoreline places you only a short beach stroll away from two restaurants. The laid-back Whale’s Tail restaurant towards the east, where a friendly open volleyball game usually takes place, has sandwiches, savory snacks, and drinks. The vibrant, colorful Key West-style Pompano Joe’s restaurant towards the west is known for great seafood along with craft cocktails. Other gulf front restaurants with friendly beach bars, grocery stores, liquor wine shops, and bargain shopping for world-class designer goods at the famous Silver Sands Premium Outlets are minutes away. A championship golf course and professional tennis courts are also close by available for public play at the Seascape Resort. Delightful diversions, a wide array of great restaurants that include bars with live musical entertainment, unique shopping adventures, open-air concerts, fun year-round festivals and exciting seasonal firework celebrations are also a short distance away at the enchanting Village of Baytowne Wharf and swank urbane Grand Boulevard town center of Sandestin.
This forever Vacation Home and lucrative rental investment property with 2,289 square feet is valuably priced at $2,395,000. This amount comes in at $1,046.31 per square foot. Currently, there are only four other gulf front single-family homes for sale in Miramar Beach. They range from $3,495,000 with 2,295 square feet up to $6,990,000 for 3,966 square feet. These come in at an average of $1,207.96 per square foot.
If you are ready to take advantage of this buying opportunity, contact our Ocean Reef Real Estate department at 877-392-6085. We will provide you with a complete Comparative Market Analysis, including homes listed with pending contracts and those sold within the past twelve months. We will also give you property details, the current annual gross rental income data and set up a private tour to see this outstanding vacation home.