62 Miami St, MIRAMAR BEACH

$1,422,222

5 Beds
5 Baths
3,348 Sqft
.18 Acres
2 Garages

10% ROI!! Looking for a great investment? This home will GROSS OVER $152K this year!! Amazing INCOME PRODUCING vacation rental property, located in the HIGHLY desired FRANGISTA BEACH, has a backyard you don't want to miss! AND ONLY 200 STEPS TO PRIVATE BEACH ACCESS!! 20+ Palm trees provide that UPSCALE RESORT LIVING you have been looking for! Enjoy your BACKYARD RETREAT with these INCREDIBLE amenities: a HUGE heated pool, ping-pong table, POOL table, HOT TUB, custom baggo set, gas grill, outdoor shower, and an amazing shaded TIKI-HUT! This home has been a favorite for years with guests! This home is 3,348 SF, 5 bed, 4.5 baths PLUS 1,000 SF spread-out over 5 balconies and porches!! The 1st floor layout boasts TWO bunkroom Queen (built-in) bunks, Full bathroom, Hall bunk room, Laundry Room and 2 car garage. The 2nd floor is the main level of living with a large open floor plan. The living room flows into the dining area and kitchen, where you will enjoy a fabulous large dining table for 6 and 4 matching bar stools along the counter for plenty of seating. The attached wet bar area offers plenty of ice with the separate ice maker. 3 sets of French doors lead to the very spacious balcony over looking the backyard retreat. The kitchen is a gourmet's dream! Stainless everything and granite counter tops with plenty of storage. Also on the main level is a half bath and a KING MASTER SUITE with ensuite full bath. The 3rd floor features a SECOND living room, 2 more KING MASTER SUITES, both with ensuite baths and PRIVATE balconies. Notable items include: Hot tub replaced in 2017, 2 RINNAI tankless water heaters replaced summer 2018, NEW Fridge in April 2019, ALL 3 AC units replaced in 2014, 2015 and 2018, ENTIRE home painted in 2017 Rhino Shield Paint (ELASTOMERIC) paint! Home sold fully furnished and rental ready!! GREAT rental History!!! Items in owners closets do not convey. Buyer to verify all information and dimensions.

Essential Information
MLS® #820269
Price$1,422,222
Bedrooms5
Bathrooms5.00
Full Baths4
Half Baths1
Square Footage3,348
Acres0.18
Year Built2004
TypeResidential
Sub-TypeDetached Single Family
StyleMediterranean
StatusActive
Community Information
Address62 Miami St
AreaSouth Walton West
SubdivisionFRANGISTA BEACH
CityMIRAMAR BEACH
CountyWALTON
StateFL
Zip Code32550
Amenities
AmenitiesBeach, Deed Access
Parking Spaces2
ParkingGarage
# of Garages2
Has PoolYes
Utilities

Electric Available, Phone Available, Public Sewer Available, Public Water Available, TV Cable Available

Pool

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

Interior
# of Stories3
Interior Features

Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Furnished - All, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Treatment All, Floor Hardwood, Floor WW Carpet, Hallway Bunk Beds, Wet Bar

Appliances

Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator W/Ice Maker, Washer, Cooktop, Oven Double, Oven:Self Cleaning, Smoke Detector

Heating

Heat: Central Electric, Heat: Two Or More

Cooling

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

Exterior
RoofRoof Tile/Slate
ConstructionFrame
Exterior

Frame, Roof Tile/Slate, Siding Stucco, Trim Vinyl

Exterior Features

Balcony, Columns, Deck Open, Fenced Back Yard, Fenced Privacy, Lawn Pump, Patio Open, Pool - Heated, Pool - In-Ground, Shower, Sprinkler System

Lot Description

Level, Within 1/2 Mile Of Water

School Information
ElementaryVAN R. BUTLER
MiddleEMERALD COAST
HighSOUTH WALTON
Additional Information
Days on Website189
ZoningResidential Single Family
HOA Fees0.00
HOA Fees Freq.Annually
Property History
Price Reduced from $1,423,900 to $1,422,222
Price Reduced from $1,424,250 to $1,423,900
Price Reduced from $1,424,500 to $1,424,250
Price Reduced from $1,424,600 to $1,424,500
Price Reduced from $1,424,700 to $1,424,600
Show All History (8)
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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 850 Properties - Santa Rosa Beach. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2019, All rights reserved.

Listing information last updated on October 17th, 2019 at 9:00pm CDT.