116 Sarasota St, MIRAMAR BEACH

$1,300,000

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

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 2020 as well as a solid rental history for 2019.Notable features include ample parking, spacious courtyard with lagoon style pool & walled privacy with adjoining summer kitchen, gulf views from the third floor as well as ample living space perfectly functioned for entertaining. The layout is extremely open with living spaces outlined on each level of this three story home.
The kitchen and living room are ideally located on the second level and feature beautiful granite countertops, stainless steel appliances as well as a beautiful tile flooring that is carried throughout the main living areas. The living room opens to a spacious balcony that spans the entire width of the home allowing optimal indoor/outdoor living to soak in the summer breeze. The oversized third floor master suite is extremely private and features a gulf view, private balcony as well as a large on-suite master bathroom complete with travertine accents and dual vanities. This home is an excellent rental property or second home with close proximity to deeded, gated beach access and all of the exceptional shopping, dining and entertainment that Miramar Beach has to offer.

Essential Information
MLS® #844091
Price$1,300,000
Bedrooms9
Bathrooms8.00
Full Baths8
Square Footage5,880
Acres0.11
Year Built2005
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Last Taxes9499.55
Last Tax Year2019
Community Information
Address116 Sarasota St
AreaSouth Walton West
SubdivisionFRANGISTA BEACH
CityMIRAMAR BEACH
CountyWALTON
StateFL
Zip Code32550
Amenities
AmenitiesBeach, Deed Access, Pool
ParkingGuest, Oversized
Has PoolYes
Utilities

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

Pool

Pool - Heated, Pool - In-Ground, Private

Interior
# of Stories4
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

Appliances

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

Heating

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

Cooling

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

Exterior
ConstructionFrame
FoundationFoundation Slab On Grade
Exterior

Frame, Foundation Slab On Grade, Siding Stucco

Exterior Features

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

Lot Description

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

School Information
ElementaryVAN R. BUTLER
MiddleEMERALD COAST
HighSOUTH WALTON
Additional Information
Days on Website63
ZoningResidential Single Family
HOA Fees1000.00
HOA Fees Freq.Annually
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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 Scenic Sotheby's Intl Realty. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2020, All rights reserved.

Listing information last updated on June 6th, 2020 at 1:34am CDT.

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