If you are looking for a wonderful family beach vacation residence that can also serve as a lucrative rental investment property, check out this new listing at 1200 Scenic Gulf Drive B1109 of the Majestic Sun condominium in Miramar Beach.
Majestic Sun is a magnificent masterpiece of architectural design situated along Scenic Gulf Drive in Miramar Beach and located within Seascape Resort. The luxury residential towers resemble a giant sandcastle interconnected at the top with an arch that soars through the center from one side to the other. Incredible amenities include 2,000 linear feet of pure crystalline white beach with multiple access points along a palm-lined promenade. An acclimatized indoor pool features a dramatic cathedral ceiling that towers two stories high and an entire wall of glass facing the glorious gulf. An opening connects to the outside, where the water cascades down into another large swimming pool. It includes an expansive sun patio with lounge chairs and bubbling hot tubs for pampered relaxation which overlook the gorgeous gulf in the distance. A full fitness center onsite with glass walls overlooks the outdoor pool and gulf.
Ocean Reef Real Estate Sales is proud to present this new vacation residence for sale at Majestic Sun 1109B. This eleventh-floor condo is on our highly acclaimed Ocean Reef Resorts property management program. The current gross rental income stands at almost $40,000, with an estimated gross annual income of $45,000 for the coming year. This is not surprising since this opulent vacation residence has 1,139 square feet with two bedrooms and accommodations for seven privileged guests. It comes complete with comfortable furnishings and lavish décor. Decorative art throughout includes a potted silk palm, unique sculptures, vivid paintings of tropical scenery, and sailing ships. The open living, dining, and kitchen area have a wall of sliding glass doors that highlight the dazzling gulf views while leading out to the balcony. The living area features an entire wall of floor-to-ceiling mirrors, which double views of the glittering gulf and accentuate a spacious look. A couch that can double as a queen-size sleeper sofa, along with a matching armchair, are tropically patterned in lovely hues of light olive greens and teal blues. The couch is flanked by a unique lamp with a driftwood base and a tall floor lamp with a tropical bamboo-crafted shade. They face a round regal dark hardwood framed cocktail table with a glass-centered top and face a large flatscreen TV for entertainment.
The expansive balcony includes lounge chairs and a dining table to enjoy your favorite drinks with savory snacks while experiencing the stunning Gulf vistas. This balcony is accessible from both the living area and primary bedroom suite.
A raised round white-washed pedestal table beneath an elegant shaded vintage chandelier has four beach-inspired slat-backed chairs with tufted cushion seats providing a charmed dining space.
Nearby, the open kitchen has round, cushioned stools beside a richly mottled molasses-toned granite bar for delightful entertaining. Blonde hardwood custom cabinetry and brushed stainless steel appliances fulfill any culinary needs.
The primary bedroom has a stately look with comfortable creamy white furnishings, including a king-size bed beside sliding glass doors. They easily that out to the breezy balcony and provide stunning bedside gulf views. A large flatscreen TV sits on a grand white cottage-styled dresser for nighttime viewing pleasure, while a rich straw-woven tropical chair sits nearby.
An ensuite private bath is quite spacious, with double vanity sinks and a glass-walled tub-shower combination.
A bright bunk room with a full and twin bed has a sunny window and a flatscreen TV.
It has close access to a full hall bath with a tub-shower combo that also serves as a convenient powder room off the living area.
This superb location is in the very heart of Miramar Beach, minutes away from popular waterfront restaurants and friendly beach bars. Some of them are just a short stroll away, including the casual Whale’s Tail which usually has a “come one, come all” volleyball game in progress, The Royal Palm Grill at the nearby Surfside Resort with poolside dining and sunset bonfires on the beach, and The Surf Hut which features fresh seafood in a captivating surfer styled setting overlooking the glittering gulf. This locale is also close to grocery stores and bargain shopping for world-class designer goods at the famous Silver Sands Premium Outlets. A forested championship golf course dotted with lovely lagoons, a professional tennis center, and beach recreational rentals are available for play onsite at Seascape Resort. Abundant amusements, wonderful restaurants, lively bars, shopping adventures, outdoor concerts, fun festivals, and seasonal firework extravaganzas are also nearby in the enchanting Village of Baytowne Wharf and the tropically urbane Grand Boulevard of Sandestin Golf & Beach Resort.
This fully furnished, beautifully decorated, two-bedroom vacation residence which can also serve as a lucrative rental investment property, is listed for $758,500. This comes in very competitively priced at $665.94 per square foot. Currently, there are only four other condos for sale in the highly sought-after world of the Majestic Sun. They range in price from $560,000 for a one-bedroom unit with 833 square feet up to $823,000 for another two-bedroom residence with 1,139 square feet. The total average price per square foot for the four other properties for sale comes in at $678.88 per square foot.
If you are ready to take advantage of this great purchase opportunity, contact our Ocean Reef Real Estate Sales team right away at 877-392-6085. We will provide a professional comparative market analysis showing complete details for the other four listed condos and all that have sold at Majestic Sun within the past twelve months. We will also provide detailed data from our esteemed Ocean Reef Resorts property management division showing this condo’s annual gross rental income. This way, you will be fully-informed and ready to take on your next beachside investment. We look forward to serving you soon!