41 W Palm Beach Street

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.

Overview

Property Status

Sold

Lot Size

4,791.6 Sq.Ft.

MLS ID

942222

Property Type

Residential

Year Built

2023

Are you interested?

Schedule a Tour

Jonathan Spears

(850) 974-1761 [email protected]

Features & Amenities

Neighborhood

Miramar Beach

Architecture Styles

Beach House

View Description

Gulf

Stories

Utilites

Gas - Natural, Public Sewer, Public Water, TV Cable

Pool

Pool Type

Lot Features

Within 1/2 Mile to Water

Air Conditioning

Ceiling Fan(s), Central Air

Other Exterior Features

Balcony, Deck Open, Fenced Lot-All, Fenced Privacy, Hot Tub, Pool - Heated, Pool - In-Ground, Shower

Elementary School

Destin

Middle School

Destin

High School

Destin

Sales Price

$2,750,000

Zoning

Resid Single Family

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