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116 Sarasota Street

116 Sarasota Street, Miramar Beach, FL 32550

$1,225,000
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.

9
beds

8
baths

5,880 Sq.Ft. LIVING AREA

0.11 Acres lot

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Features & Amenities

Interior

  • total bedrooms9
  • Total bathrooms8
  • full bathrooms8
  • 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

Area & Lot

  • Status Sold
  • Living Area5,880 Sq.Ft.
  • Lot Area0.11 Acres
  • MLS® ID844091
  • TypeResidential
  • YEAR BUILT2005
  • Architecture StylesBeach House
  • Elementary SchoolVan R Butler
  • Middle SchoolEmerald Coast
  • High SchoolSouth Walton

Exterior

  • STORIES4
  • utilitiesElectric, Phone, Public Sewer, Public Water, TV Cable
  • lot featuresCovenants, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • parkingGuest, Oversized
  • AIR CONDITIONINGCeiling Fan(s)
  • SubstructureFrame, Slab, Stucco
  • HOA AmenitiesBeach, Deed Access, Pool
  • other exterior FeaturesBalcony, BBQ Pit/Grill, Columns, Fenced Lot-Part, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground, Porch, Porch Open, Shower, Workshop

Financial

  • Sales Price$1,225,000
  • Real Estate Tax $9,500
  • Zoning Resid Single Family

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