$3,250,000
Miramar Beach, FL 32550
MLS# 834213
Status: Sold
7 beds | 8 baths | 5214 sqft
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Property Description
Prominent gulf front positioning and beautiful coastal contemporary architecture & aesthetics define this luxurious beach front residence recently remodeled to both maximize rental revenue and yield an unparalleled family retreat in the heart of Miramar Beach, Florida. This short term rental machine has over $375,000 in projected annual income with excellent history and finely appointed upgrades offering an impressive four story vertical footprint with notable features including a private gulf front pool perched high above sea level to maximize gorgeous unimpeded gulf views. This open layout floor-plan was designed with legacy living in mind offering ample parking including an oversized two car garage as well as fortified construction quality with concrete and frame infusion.
Details
Status Change Info
Status: Sold
Under Contract Date: 2020-05-30
Sold Date: 2020-07-29
Sold Price: $3,150,000
Sold Price/SqFt: 604.14
Contract Info
List Date: 2019-10-28
Current Price: $3,150,000
List Price: $3,250,000
List Price/SqFt: 623.32
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 259
Street Name: Open Gulf
Street Suffix: Street
State: FL
Zip Code: 32550
County: Walton
Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Project Name/Subdivision: RICHARDS A E UNREC
Parcel ID: 33-2S-21-42180-003-0080
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 8 BLK 3 A.E. RICHARDS S/D OR 151-430 OR 705-107 OR 733-248 OR 1978-357 DESC MORE AS: COM AT THE NE/C OF SEC 33-2S-21W AND RUN N 88 DEG W 439.40FT ALONG SEC LINE THENCE S 02 DEG 15'W 1225.70FT TO THE NE/C OF BLK 3 THENCE S 83 DEG W ALONG BEACH ST (NKA OPEN GULF ST) 343.70FT TO THE NE/C OF LOT 8 FOR THE POB THENCE S 83 DEG W 49.10FT THENCE S 02 DEG 15'W 266FT M OR L TO THE GULF OF MEXICO THENCE
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 5214
SqFt Source: Appraiser
Bedrooms: 7
Full Baths: 6
Half Baths: 2
Total Bathrooms: 8
# Stories: 4
Year Built: 2014
Immediate Occupancy: Yes
Garage Spaces: 2
Driveway Spaces: 4
Acreage: 0.31
Pool: Yes
Pool Type: Private
Listing Info, Tax & Legal
Homestead: No
Assessment Fees: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 25166.23
Last Tax Year: 2018
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Prominent gulf front positioning and beautiful coastal contemporary architecture & aesthetics define this luxurious beach front residence recently remodeled to both maximize rental revenue and yield an unparalleled family retreat in the heart of Miramar Beach, Florida. This short term rental machine has over $375,000 in projected annual income with excellent history and finely appointed upgrades offering an impressive four story vertical footprint with notable features including a private gulf front pool perched high above sea level to maximize gorgeous unimpeded gulf views. This open layout floor-plan was designed with legacy living in mind offering ample parking including an oversized two car garage as well as fortified construction quality with concrete and frame infusion.
Office/Member Info
Single Agent Comp: 3
Single Agent Comp Type: %
Trans Broker Comp: 3
Trans Broker Comp Type: %
Non-Rep Comp: 1
Non-Rep Comp Type: %
Waterfront
Waterfront Feet: 50
Property Features
Construction Status: Construction Complete
Lot/Parcel Access: Paved Road
Lot Features: Cul-De-Sac; Survey Available; Within 1/2 Mile to Water
Zoning: Resid Single Family
Waterfront: Gulf
Waterview: Gulf
Parking Features: Garage; Garage Attached; Guest
Project Facilities: Beach; Waterfront
Construction/Siding: Concrete; Foundation On Piling; Roof Metal; Siding CmntFbrHrdBrd; Stucco
Exterior: Balcony; Patio Covered; Patio Open; Pool - Gunite Concrt; Pool - Heated; Pool - In-Ground; Porch; Shower
Interior: Breakfast Bar; Ceiling Crwn Molding; Ceiling Vaulted; Floor Hardwood; Floor Tile; Furnished - All; Guest Quarters; Kitchen Island; Lighting Recessed; Newly Painted; Shelving; Washer/Dryer Hookup; Window Treatment All
Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Refrigerator; Refrigerator W/IceMk; Stove/Oven Electric; Washer
Utilities: Electric; Phone; Public Sewer; Public Water; TV Cable
Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Storm Doors; Storm Windows
Mstr Bdrm/Mstr Bath: MBath Double Vanity; MBath Separate Shwr; MBath Tile; MBed Balcony; MBed Cthdrl Ceiling; MBed Sitting Area; MBed Waterfront
Master Bedroom: Third
Bedroom: First; Second
Kitchen: Second
Rooms: Bedroom; Bunk Room; Dining Area; Garage; Kitchen; Master Bedroom; Recreation Room; Separate Apartment
Financing: Conventional
Supplements
The first level offers an oversized lockout suite currently designed with built in bunk beds, full bathroom and a living/sitting area with direct access to the rear pool deck and private beach walkover. The second level offers two full bedroom suites as well as a laundry room, secondary living room and kitchen overlooking the Gulf of Mexico and private pool area through floor to ceiling store front glass. The third level anchors the home as the primary living space with a fully equipped chef's kitchen complete with stainless appliances and stone countertops highlighted by a massive center island with freshly painted interiors including rustic white washed beamed ceilings and ample windows for taking in the elevated gulf views. The third level also features three full bedroom suites with en-suites as well as a spacious covered porch for enjoying the majestic sunset vistas and sea breeze. The top level is occupied by an oversized master bedroom that encompasses the entire space and has been designed as a true suite experience with an adjoining master bathroom, soaring cathedral ceilings and ample room to relax while taking in the pristine panoramic gulf views prominently exposed by white washed tongue & groove walls & ceiling and abundant south facing windows. Open Gulf Street is a private enclave located in the heart of South Walton County adjacent to the world class Sandestin Resort and within excellent proximity to exceptional shopping, private & casual dining, golf courses, Sandestin Marina and local entertainment.
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Bedroom | First | 13 x 12 | 13.00 | 12.00 | 13 x 12 |
| Bedroom | First | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Bunk Room | First | 15 x 12 | 15.00 | 12.00 | 15 x 12 |
| Kitchen | Second | 14 x 10 | 14.00 | 10.00 | 14 x 10 |
| Dining Area | Second | 16 x 12 | 16.00 | 12.00 | 16 x 12 |
| Bedroom | Second | 24 x 12 | 24.00 | 12.00 | 24 x 12 |
| Master Bedroom | Third | 31 x 24 | 31.00 | 24.00 | 31 x 24 |
| Separate Apartment | First | 34 x 32 | 34.00 | 32.00 | 34 x 32 |
| Garage | First | 32 x 24 | 32.00 | 24.00 | 32 x 24 |
| Recreation Room | Second | 24 x 20 | 24.00 | 20.00 | 24 x 20 |
Listing Office: Scenic Sotheby's International Realty
Last Updated: July - 29 - 2020
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
