62 Miami St, MIRAMAR BEACH

$1,425,000

5 Beds
5 Baths
3,348 Sqft
.18 Acres
2 Garages

10% ROI!! Looking for a great investment? This home will GROSS OVER $143K this year!! Amazing INCOME PRODUCING vacation rental property, located in the HIGHLY desired FRANGISTA BEACH, has a backyard you don't want to miss! AND ONLY 200 STEPS TO PRIVATE BEACH ACCESS!! 20+ Palm trees provide that UPSCALE RESORT LIVING you have been looking for! Enjoy your BACKYARD RETREAT with these INCREDIBLE amenities: a HUGE heated pool, ping-pong table, POOL table, HOT TUB, custom baggo set, gas grill, outdoor shower, and an amazing shaded TIKI-HUT! This home has been a favorite for years with guests! This home is 3,348 SF, 5 bed, 4.5 baths PLUS 1,000 SF spread-out over 5 balconies and porches!! The 1st floor layout boasts TWO bunkroom Queen (built-in) bunks, Full bathroom, Hall bunk room, Laundry Room and 2 car garage. The 2nd floor is the main level of living with a large open floor plan. The living room flows into the dining area and kitchen, where you will enjoy a fabulous large dining table for 6 and 4 matching bar stools along the counter for plenty of seating. The attached wet bar area offers plenty of ice with the separate ice maker. 3 sets of French doors lead to the very spacious balcony over looking the backyard retreat. The kitchen is a gourmet's dream! Stainless everything and granite counter tops with plenty of storage. Also on the main level is a half bath and a KING MASTER SUITE with ensuite full bath. The 3rd floor features a SECOND living room, 2 more KING MASTER SUITES, both with ensuite baths and PRIVATE balconies. Notable items include: Hot tub replaced in 2017, 2 RINNAI tankless water heaters replaced summer 2018, NEW Fridge in April 2019, ALL 3 AC units replaced in 2014, 2015 and 2018, ENTIRE home painted in 2017 Rhino Shield Paint (ELASTOMERIC) paint! Home sold fully furnished and rental ready!! GREAT rental History!!! Items in owners closets do not convey. Buyer to verify all information and dimensions.

Essential Information
MLS® #820269
Price$1,425,000
Bedrooms5
Bathrooms5.00
Full Baths4
Half Baths1
Square Footage3,348
Acres0.18
Year Built2004
TypeResidential
Sub-TypeDetached Single Family
StyleMediterranean
StatusActive
Community Information
Address62 Miami St
AreaSouth Walton West
SubdivisionFRANGISTA BEACH
CityMIRAMAR BEACH
CountyWALTON
StateFL
Zip Code32550
Amenities
AmenitiesBeach, Deed Access
Parking Spaces2
ParkingGarage
# of Garages2
Has PoolYes
Utilities

Electric Available, Phone Available, Public Sewer Available, TV Cable Available, Public Water Available

Pool

Pool - Heated, Private, Pool - In-Ground, Community

Interior
# of Stories3
Interior Features

Floor Tile, Furnished - All, Washer/Dryer Hookup, Window Treatment All, Breakfast Bar, Ceiling Crwn Molding, Floor Hardwood, Floor WW Carpet, Hallway Bunk Beds, Lighting Recessed, Owner's Closet, Pantry, Wet Bar

Appliances

Dishwasher, Disposal, Dryer, Smoke Detector, Cooktop, Ice Machine, Microwave, Oven Double, Oven:Self Cleaning, Refrigerator W/Ice Maker, Washer

Heating

Heat: Central Electric, Heat: Two Or More

Cooling

A/C: Central Electric, Ceiling Fans, A/C: Two Or More, Water Heater - Two +

Exterior
RoofRoof Tile/Slate
ConstructionFrame
Exterior

Siding Stucco, Frame, Roof Tile/Slate, Trim Vinyl

Exterior Features

Balcony, Patio Open, Pool - Heated, Sprinkler System, Columns, Deck Open, Fenced Back Yard, Fenced Privacy, Lawn Pump, Pool - In-Ground, Shower

Lot Description

Level, Within 1/2 Mile Of Water

School Information
ElementaryVAN R. BUTLER
MiddleEMERALD COAST
HighSOUTH WALTON
Additional Information
Days on Website100
ZoningResidential Single Family
HOA Fees0.00
HOA Fees Freq.Annually
Office

850 Properties - Santa Rosa Beach

Property History
Price Reduced from $1,495,000 to $1,425,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on July 20th, 2019 at 5:45pm CDT.

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