138 Beach Drive W, Miramar Beach, FL 32550 (MLS# 949543)

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138 Beach Drive W, Miramar Beach, FL 32550

$16,995,000
Property Type: Residential Bedrooms: 6 Baths: 7 Square Footage: 7,768 Status: Active
Current Price: $16,995,000 List Date: 5/10/2024 Last Modified: 5/14/2024

Description

Experience the epitome of coastal luxury living with this extraordinary 6-bedroom, 6.5-bathroom sanctuary, poised to generate over $650k in rental income. Embraced by 100 feet of pristine beach frontage on a generous .5-acre lot, this haven promises an unparalleled escape. Upon entry, be greeted by a grand foyer leading to an expansive first floor, boasting a game room replete with a game table, foosball table, ping pong table, arcade, and shuffleboard, ensuring endless entertainment. Adjacent, find solace in the in-home fitness center equipped with workout amenities and on-demand workouts, or retreat to the oversized garage, accommodating all your storage needs.

Supplements: Ascend to the second floor, the heart of the home, where an open floor plan seamlessly connects the kitchen, dining, and expansive living areas. The gourmet kitchen, adorned with premium appliances and a spacious island, invites culinary delights, while two primary bedrooms with ensuite bathrooms offer unparalleled retreats. Relax in the spacious media room or step outdoors to the Gulf-facing patio, featuring an outdoor dining area, kitchen, gas grill, and the pièce de résistancea stunning pool area boasting a sprawling deck, heated infinity pool, and rejuvenating hot tub. Venture to the third floor, where three additional primary bedrooms, each with ensuite bathrooms, await alongside an additional bunk room, ensuring ample accommodations for all. Then, proceed to the fourth floor, where two additional bunk rooms complete this coastal masterpiece. With parking for six vehicles and proximity to local attractions, this property transcends mere accommodationit offers a gateway to an extraordinary coastal lifestyle. Contact us today for rental projections & cost-to-own figures.

More Information MLS# 949543

Status Change Info

Status: Active

Contract Info

List Date: 2024-05-10 Current Price: $16,995,000 List Price: $16,995,000 List Price/SqFt: 2187.82 Listing Board: Emerald Coast

Location, Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 138 Street Name: Beach Drive W State: FL Zip Code: 32550 County: Walton Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort Project Name/Subdivision: GULF PINES 2ND ADDN Parcel ID: 34-2S-21-42080-007-0270 Elementary School: Van R Butler Middle School: Emerald Coast High School: South Walton Legal Description: LOT 27 BLK 7 GULF PINES 2ND ADDITION PB 3-43 OR 1119-193 OR 1936-351 OR 2079-424 OR 2622-4874 OR 2625-2958 OR 2899-2495 OR 2904-815 OR 2957-1909

General Property Info

Sub-Type: Detached Single Family Design: Beach House Apx SqFt(Htd/Cooled): 7768 SqFt Source: Appraiser Bedrooms: 6 Full Baths: 6 Half Baths: 1 Total Bathrooms: 7 # Stories: 4 Year Built: 2017 Garage: Yes Carport: No Garage Spaces: 2 Driveway Spaces: 10 Pool: Yes Pool Type: Private

Listing Info, Tax & Legal

Assessment Fees: Yes Assessment Amount: 300 Annual Assessment Amount: 300 Assessment Paid: Annually Is Subject Leased: No New Buyer Fee: No Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Experience the epitome of coastal luxury living with this extraordinary 6-bedroom, 6.5-bathroom sanctuary, poised to generate over $650k in rental income. Embraced by 100 feet of pristine beach frontage on a generous .5-acre lot, this haven promises an unparalleled escape. Upon entry, be greeted by a grand foyer leading to an expansive first floor, boasting a game room replete with a game table, foosball table, ping pong table, arcade, and shuffleboard, ensuring endless entertainment. Adjacent, find solace in the in-home fitness center equipped with workout amenities and on-demand workouts, or retreat to the oversized garage, accommodating all your storage needs.

Office/Member Info

Single Agent Comp: 2.5 Single Agent Comp Type: % Trans Broker Comp: 2.5 Trans Broker Comp Type: % Non-Rep Comp: 1 Non-Rep Comp Type: %

Waterfront

Waterfront Feet: 100

Property Features

Construction Status: Construction Complete Lot/Parcel Access: Paved Road Lot Features: Sidewalk; Within 1/2 Mile to Water Zoning: Resid Single Family Waterfront: Gulf Waterview: Gulf Parking Features: Garage Attached; Oversized Project Facilities: Beach; Deed Access Construction/Siding: Concrete; Stucco Exterior: BBQ Pit/Grill; Columns; Deck Open; Patio Covered; Pool - Heated; Porch; Shower; Summer Kitchen Interior: Floor Marble; Floor Tile; Furnished - All Appliances: Dishwasher; Dryer; Range Hood; Refrigerator; Washer Utilities: Public Sewer; Public Water Energy: AC - High Efficiency; Ceiling Fans Mstr Bdrm/Mstr Bath: MBath Double Vanity; MBath Dressing Area; MBath Separate Shwr; MBath Tile Master Bedroom: First Bedroom: Second; Third Full Bathroom: Third Half Bathroom: Third Rooms: Bedroom; Full Bathroom; Half Bathroom; Master Bedroom Financing: Conventional; Other

Room Information

Bedroom Level: Third Dimensions: 12 x 14 Length: 12.00 Width: 14.00 Remarks: N/A Dimensions: 12 x 14 Bedroom Level: Third Dimensions: 12 x 14 Length: 12.00 Width: 14.00 Remarks: N/A Dimensions: 12 x 14 Bedroom Level: Second Dimensions: 12 x 14 Length: 12.00 Width: 14.00 Remarks: N/A Dimensions: 12 x 14 Bedroom Level: Second Dimensions: 12 x 14 Length: 12.00 Width: 14.00 Remarks: N/A Dimensions: 12 x 14 Bedroom Level: Second Dimensions: 12 x 14 Length: 12.00 Width: 14.00 Remarks: N/A Dimensions: 12 x 14 Master Bedroom Level: First Dimensions: 16 x 14 Length: 16.00 Width: 14.00 Remarks: N/A Dimensions: 16 x 14 Master Bedroom Level: First Dimensions: 16 x 14 Length: 16.00 Width: 14.00 Remarks: N/A Dimensions: 16 x 14 Full Bathroom Level: Third Dimensions: 8 x 8 Length: 8.00 Width: 8.00 Remarks: N/A Dimensions: 8 x 8 Half Bathroom Level: Third Dimensions: 8 x 8 Length: 8.00 Width: 8.00 Remarks: N/A Dimensions: 8 x 8
Listing Office: Compass
Last Updated: May - 14 - 2024

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