116 Sarasota Street | Spears Group

Property Description

Experience this stunning resort-style rental machine optimally located near exclusive gated beach access within the heart of Frangista Beach. This incredible nine bedroom, eight bathroom property is one of the lowest price-per-foot offerings along Scenic Highway 98 featuring over $100,000 in upgrades performed since 2017. Notable improvements include fresh paint as well as designer furnishings to optimally configure this 5,880 square feet home. Masterfully built as a rental magnet, this property has over $160,000 in projected annual income for 2021 as well as a solid rental history for 2019.

Overview

Property Status

Sold

Lot Size

0.11 Acres

MLS ID

844091

Property Type

Residential

Year Built

2005

Features & Amenities

Neighborhood

Miramar Beach

Architecture Styles

Beach House

Stories

Utilites

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

Lot Features

Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water

Parking

Guest, Oversized

Air Conditioning

Ceiling Fan(s)

Appliances

Cooktop, Dishwasher, Disposal, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator W/Ice Mk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric

Other Interior Features

Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Owner s Closet, Pantry, Shelving, Split Bedroom, Washer/Dryer Hookup, Window Treatment All

Substructure

Frame, Slab, Stucco

HOA Amenities

Beach, Deed Access, Pool

Other Exterior Features

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

Elementary School

Van R Butler

Middle School

Emerald Coast

High School

South Walton

Sales Price

$1,225,000

Real Estate Tax

$9,500

Zoning

Resid Single Family

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for your interest in 116 Sarasota Street, Miramar Beach, FL 32550

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