Ocean Reef Real Estate is pleased to offer another vacation home for sale in magnificent Miramar Beach at 266 Open Gulf Street. This three-bedroom beach view abode is nestled away in a quiet residential neighborhood that places you steps away from the bright white beautiful beach. It has a Location with a capital “L”! The premier convenient locale is close to popular restaurants with friendly beach bars along Scenic Gulf Drive, area grocery stores, and abundant amusements at Baytowne Wharf along with Grand Boulevard in Sandestin.
This property makes for an ideal family vacation home or rental investment property. In fact, it is currently on a lucrative vacation rental program with our highly acclaimed property management division known as Ocean Reef Resorts. This hospitable home in a highly sought after part of Miramar Beach is quite popular among guests. Professional rental income projections for the current year come in at $44,760 gross. The home comes completely furnished on a turnkey basis, so it is ready for personal use or for rental income as soon as you close a sales contract.
This home graciously accommodates up to ten happy beach-going guests. Stairs lead to a raised wraparound deck and covered veranda off the main open living area. Casual coastal décor with comfortable furnishings include a latte colored couch that doubles as a queen-sized sleeper sofa, two pastel blue armchairs, and two tropically inspired bamboo framed accent chairs. A flat-screen TV provides entertainment. Decorative art throughout features sea life, marine wall sculpture, and lovely paintings.
The updated eat-in kitchen features stainless steel appliances along with a charming country table with creamy white spindle backed side chairs flanked by two elegant blue high backed cloth chairs with white stripes.
A beautifully appointed nautically themed Guest Bedroom off the living area has a queen sized bed and access has to a full hall bath that also serves as a convenient powder room. The Master Bedroom and a wonderful Bunk Room upstairs have access to a full hall bath. The Master Bedroom has cream-colored cottage styled furnishings, a king-sized bed, and paneled glass doors that lead to an open deck where you may get a glimpse of the gulf. A Kid’s Bunk Room has a crisp, bright look with white twin bunks accented with blue striped spreads. All bedrooms include new TVs. This home has just recently received a new roof, HVAC, comfortable furnishings throughout, paint, shutters, a brand new dishwasher, and dryer.
This vacation home for sale in Miramar Beach is offered at $575,000, which comes in at $390.62 per square foot. Currently, there are only three other single-family homes for sale in this part of Miramar Beach. They are priced at: $549,000 for a three-bedroom home with 1,892 square feet; $1,075,000 for a six-bedroom home with 3,024 square feet (which is also located on Open Gulf Street) and $1,499,999 for a six-bedroom home with 3,460 square feet.
Contact our Ocean Reef Real Estate Office today at 877-392-6085 for a complimentary Comparative Market Analysis, important rental projections, and complete details as you begin your tour.