41 W Palm Beach St, Miramar Beach, FL 32550

$2,750,000
8
BD
7
BA
4,263
SqFt

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Sold Price
$2,750,000
List Price
$2,990,000
Closing Date
Jun 26, 2024
Days on Market
134
MLS#
942222
Status
CLOSED
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
8
Bathrooms
7
Full Bathrooms
7
Living Area
4,263
Lot Size
4,791
Neighborhood
Miramar Beach S. of 98 w/exception of Sandestin Resort

Property Description

Primely located in the heart of Frangista Beach, an investor centric neighborhood just steps from the Gulf of Mexico, this stunning beachside retreat offers an unparalleled blend of elegance, comfort, and coastal living. Spanning an impressive 4,263 square feet, this spacious home boasts 8 bedrooms, 7 bathrooms, and a host of exceptional features with custom construction newly completed by Ben Giles. Upon entering, you'll be greeted by the warmth of Thierry Francois flooring that leads through the impeccably designed interior with first level game room and entertaining directly flowing out to the resort style pool. Please reach out to us today for the cost-to-own and rental projection figures for the property. The main living areas feature exquisite pecky cypress ceilings, adding a touch of rustic charm and character to the space. Entertain guests effortlessly in the gourmet kitchen situated on the second level, equipped with top-of-the-line Subzero and Thermador appliances, as well as a Thierry Francois hood vent and gas range for culinary enthusiasts. Accommodations abound in this residence, with six king-sized bedrooms offering plush comfort and relaxation, complemented by two additional bedroom suites designed as charming bunk rooms. Each of the seven bathrooms exudes luxury, featuring high-end finishes and modern fixtures. Ascend to the fourth-story rooftop deck via the unique spiral staircase, where breathtaking panoramic views of the Gulf of Mexico await. Outdoor living is elevated to new heights with a private pool and spa, providing the ultimate retreat for soaking up the sun or unwinding after a day at the beach. The full outdoor kitchen ensures seamless alfresco dining experiences, complete with a grill and ample counter space for preparing meals. Convenient amenities include a single-car garage for added storage and parking convenience. As a bonus, there is beach access for Frangista Beach owners, ensuring easy access to the pristine shoreline. With rental projections reaching $300,000 annually, this property presents an exceptional investment opportunity for those seeking to capitalize on the booming vacation rental market along the Emerald Coast. Experience the epitome of coastal luxury at this magnificent new construction beach home, where every detail has been thoughtfully curated to offer a lifestyle of unparalleled comfort and sophistication.

Additional Information

Acres
0.11
Appliances
Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Washer
Style
Beach House
Elementary School
Destin
Exterior Features
Balcony, Hot Tub, Outdoor Shower
High School
Destin
Interior Features
Breakfast Area, Vaulted/Cathedral Ceilings, Fireplace(s), Kitchen Island, Pantry, Washer Hookup, Newly Painted, Elevator
Legal Description
LOT 1 BLK B FRANGISTA BEACH 2ND ADD PB 3-41 OR 1754-243 OR 2632-143 OR 2634-4007 OR 2653-2981 OR 2904-1814
Middle School
Destin
Neighborhood
Miramar Beach S. of 98 w/exception of Sandestin Resort
Community Features
Beach Access, Deed Access, Short Term Rental Allowed
Stories
4
Subdivision
Frangista Beach
View
Gulf
Year Built
2023
Zoning
Resid Single Family

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Calculator source: Real Geeks

Listing courtesy of Compass. Selling Office: .

Vendor Member Number : 28166