$2,400,000
$2,400,000
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9 Beds
10 Baths
4,949 SqFt
SOLD DATE : 06/01/2021
Key Details
Sold Price $2,400,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 4,949 sqft
Price per Sqft $484
Subdivision Frangista Beach 1St Addn
MLS Listing ID 868245
Bedrooms 9
Full Baths 10
HOA Fees $231/qua
Year Built 2016
Annual Tax Amount $11,662
Tax Year 2020
Lot Size 7,405 Sqft
Property Description
CALLING ALL INVESTORS: ''Born to Sun'' is a 9 bedroom/10 bathroom Coastal Retreat with over $247,000 in rental income already on the books for 2021. This Frangista Beach home, designed by B Design, was completed in 2016 and is built on an oversized 65 ft. by 100 ft. lot, located 200 yards from the deeded beach access for the community. The owner is providing a gross rental income guarantee of $260,000 per year for the next two years through Beach Reunion management company.All king suites have private baths that are custom detailed with tile and chrome fixtures. These suites are serviced by an elevator that carries guests and luggage to the 2nd and 3rd floors. The only queen suite on the first floor has a private bath which overlooks the private heated pool.
Location
State FL
County Walton
Area 15 - Miramar/Sandestin Resort
Zoning Resid Single Family
Rooms
Kitchen First
Exterior
Exterior Feature Balcony, BBQ Pit/Grill, Deck Open, Hot Tub, Patio Covered, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Sprinkler System
Parking Features Garage Attached
Garage Spaces 1.0
Pool Private
Community Features Deed Access
Utilities Available Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
Building
Lot Description Sidewalk, Within 1/2 Mile to Water
Story 3.0
Structure Type Frame,Other N/A,Roof Metal,Siding CmntFbrHrdBrd,Slab,Stucco
Schools
Elementary Schools Destin
Others
Assessment Amount $693
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