120 Payne Street, Miramar Beach

$3,600,000

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SOLD: Mar 15, 2024
9 Beds
10 Baths
5,856 Sqft
.23 Acre
1 Garage

NEW FULLY FURNISHED AND TURN KEY RENTAL WITH 423K in bookings! A professionally designed turnkey rental opportunity unlike any other on the coast! Every detail has been thought of for the savvy investor to just take over. Seller will manage for 1 yr at 5%. Perched just blocks away, this home offers a front-row seat to one of nature's most breathtaking spectacles - the Gulf view. This 5800+ SQ FT luxury home is a testament to the art of coastal renting. Embrace the tranquil beauty of the Gulf and make this piece of coastal paradise your own. The backyard features a heated pool/spa, putting green, and gas grill. Step inside to find an entertainment room including games and pool table, work out room, and 8 ensuites, plus a bunk room. All furnishings and golf cart convey. Don't miss out!This custom-built home showcases the finest craftsmanship and attention to detail, with soaring ceilings, exquisite finishes, and an open-concept design that allows natural light to flood every corner. The gourmet kitchen is a chef's delight, boasting high-end appliances, quartz countertops, and a center island that beckons for gatherings. A private backyard oasis features a heated pool, a spa, and lush landscaping, creating a serene retreat for relaxation and entertainment for guests.

Essential Information

Status
Sold
MLS® #
933125
Sale Date
March 15th, 2024
Sale Price
$3,600,000
List Price
$3,725,000
Bedrooms
9
Bathrooms
10.00
Full Baths
9
Half Baths
1
Square Footage
5,856
Acres
0.23
Year Built
2023
Type
Residential
Sub-Type
Detached Single Family
Style
Contemporary

Community Information

Address
120 Payne Street
Area
15 - Miramar/Sandestin Resort
SubArea
1502 - Southwest Walton South
Subdivision
Payne Street Cottages
City
Miramar Beach
County
Walton
State
FL
Zip Code
32550

Amenities

Parking Spaces
1
Parking
Boat, Garage, Oversized
# of Garages
1
Has Pool
Yes
Pool
Pool - In-Ground, Private

Amenities

BBQ Pit/Grill, Elevators, Exercise Room, Game Room, Pool, Short Term Rental - Allowed, Whirlpool

Utilities

Electric, Public Sewer, Public Water

Interior

Fireplace
Yes
Fireplaces
Fireplace
# of Stories
3

Interior Features

Ceiling Raised, Elevator, Fireplace, Furnished - All, Hallway Bunk Beds, Kitchen Island, Owner's Closet, Shelving, Washer/Dryer Hookup

Appliances

Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Range Hood, Refrigerator, Stove/Oven Gas, Washer

Heating

Heat - Two or More, Heat Cntrl Electric

Cooling

AC - 2 or More, AC - Central Elect, Water Heater - Two +

Exterior

Lot Description
Within 1/2 Mile to Water
Windows
Double Pane Windows
Roof
Roof Metal

Exterior

Concrete, Roof Metal, Stucco, Trim Vinyl

Exterior Features

Balcony, BBQ Pit/Grill, Deck Open, Pool - In-Ground, Porch, Porch Open

School Information

Elementary
Destin
Middle
Destin
High
Destin

Additional Information

Zoning
Resid Single Family
HOA Fees
0.00

Listing Details

Office
Five Star Properties RE FL Inc

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Listing information last updated on May 14th, 2024 at 8:33pm CDT.