116 Sarasota St, MIRAMAR BEACH

$1,395,000

9 Beds
8 Baths
5,880 Sqft
.11 Acres
0 Garages

Income Producing Vacation Rental Property in the highly desired subdivision of Frangista Beach. Home was updated in 2017 & has projected gross income projected to exceed $150k for 2019. INVESTOR'S DREAM! Home can sleep up to 27 people. 9BR/8BA. Owners & guests of Frangista Beach can enjoy 1,100 feet of DEEDED beach access, short 2 blocks from home. Decorative features to include travertine floors, crown molding, GE profile appliances, granite counter tops, breakfast bar, large bunk room/s, built in HEATED pool w/spectacular courtyard, BBQ grill, fire pit, game room w/pool table, 2 laundry rooms! Shed in back for storage. Furnishings Convey. Property can also be viewed @ www.BeachReunion.com (Best Kept Sea-Cret). All info/contacts believed to be correct, but should be buyer verified.French doors leading to multiple storied covered balconies overlooking pool area. 2 owner lockouts. 4th Floor has minimal view of Gulf. Travel up the spiral staircase to 4th Floor where you'll find sleeping quarter with two twin bed and flat screened tv and mini fridge - perfect for playroom. Walkout and you'll find yourself on roomtop (4th floor) where you can sit and enjoy the Gulf Breeze/s from back of house and from front, yet another covered balcony.

Essential Information
MLS® #816360
Price$1,395,000
Bedrooms9
Bathrooms8.00
Full Baths8
Square Footage5,880
Acres0.11
Year Built2005
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Community Information
Address116 Sarasota St
AreaSouth Walton West
SubdivisionFRANGISTA BEACH
CityMIRAMAR BEACH
CountyWALTON
StateFL
Zip Code32550
Amenities
ParkingOversized, Other
Has PoolYes
Amenities

Beach, Deed Access, Pool, TV Cable Available, Pets Allowed

Utilities

Electric Available, Public Sewer Available, Public Water Available, TV Cable Available, Tap Fee Paid, Underground

Pool

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

Interior
# of Stories4
Interior Features

Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Floor Tile, Pantry, Window Treatment All, Furnished - All, Lock Out, Owner's Closet, Split Bedroom

Appliances

Dishwasher, Disposal, Ice Machine, Microwave, Oven:Self Cleaning, Range Hood, Refrigerator W/Ice Maker, Smoke Detector, Dryer, Fire Alarm/Sprinkler, Freezer, Stove/Oven Electric, Washer, Smooth Stovetop Rnge

Heating

Heat High Efficiency, Heat: Central Electric, Heat: Two Or More

Cooling

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

Exterior
FoundationFoundation Slab On Grade
Exterior

Siding Stucco, Foundation Slab On Grade

Exterior Features

Balcony, BBQ Pit/Grill, Patio Open, Shower, Workshop, Columns, Deck Enclosed, Deck Open, Fenced Lot-Part, Pool - Heated, Pool - In-Ground, Porch Covered, Porch Open

Lot Description

Within 1/2 Mile Of Water, Interior, Level, Restrictions

School Information
ElementaryVAN R. BUTLER
MiddleEMERALD COAST
HighSOUTH WALTON
Additional Information
Days on Website152
ZoningResidential Single Family
HOA Fees750.00
HOA Fees Freq.Annually
Property History
Price Reduced from $1,600,000 to $1,395,000
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Courtesy of The Premier Property Group. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2019, All rights reserved.

Listing information last updated on July 19th, 2019 at 6:15pm CDT.

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