120 Payne St, Miramar Beach, FL 32550

$3,600,000
9
BD
10
BA
5,856
SqFt

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Sold Price
$3,600,000
List Price
$3,725,000
Closing Date
Mar 15, 2024
Days on Market
172
MLS#
933125
Status
CLOSED
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
9
Bathrooms
10
Full Bathrooms
9
Half Bathrooms
1
Living Area
5,856
Lot Size
10,018
Neighborhood
1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort

Property Description

NEW FULLY FURNISHED AND TURN KEY RENTAL WITH 423K in bookings! A professionally designed turnkey rental opportunity unlike any other on the coast! Every detail has been thought of for the savvy investor to just take over. Seller will manage for 1 yr at 5%. Perched just blocks away, this home offers a front-row seat to one of nature's most breathtaking spectacles - the Gulf view. This 5800+ SQ FT luxury home is a testament to the art of coastal renting. Embrace the tranquil beauty of the Gulf and make this piece of coastal paradise your own. The backyard features a heated pool/spa, putting green, and gas grill. Step inside to find an entertainment room including games and pool table, work out room, and 8 ensuites, plus a bunk room. All furnishings and golf cart convey. Don't miss out! This custom-built home showcases the finest craftsmanship and attention to detail, with soaring ceilings, exquisite finishes, and an open-concept design that allows natural light to flood every corner. The gourmet kitchen is a chef's delight, boasting high-end appliances, quartz countertops, and a center island that beckons for gatherings. A private backyard oasis features a heated pool, a spa, and lush landscaping, creating a serene retreat for relaxation and entertainment for guests.

Additional Information

Acres
0.23
Appliances
Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Gas Range, Washer
Style
Contemporary
Elementary School
Destin
Exterior Features
Outdoor Grill, Balcony
High School
Destin
Interior Features
Vaulted/Cathedral Ceilings, Fireplace(s), Kitchen Island, Shelving, Washer Hookup, Elevator
Legal Description
LOT 1 PAYNE STREET COTTAGES PB 24-33 OR 3243-3990 OR 3296-1131
Middle School
Destin
Neighborhood
1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Parking Features
Rv/Boat Parking, Oversized, Garage
Community Features
BBQ Pit/Grill, Elevator, Exercise Room, Game Room, Pool, Spa/Hot Tub
Stories
3
Subdivision
Payne Street Cottages
Utilities
Electricity Available
View
Gulf
Year Built
2023
Zoning
Resid Single Family

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Calculator source: Real Geeks

Listing courtesy of Five Star Properties RE FL Inc. Selling Office: .

Vendor Member Number : 28166