41 W Palm Beach St, MIRAMAR BEACH

$2,990,000

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8 Beds
7 Baths
4,263 Sqft
.11 Acre
0 Garage

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.

Essential Information

Status
Active
MLS® #
942222
Price
$2,990,000
Days On Website
80
Bedrooms
8
Bathrooms
7.00
Full Baths
7
Square Footage
4,263
Acres
0.11
Year Built
2023
Type
Residential
Sub-Type
Detached Single Family
Style
Beach House

Community Information

Address
41 W Palm Beach St
Area
Miramar/Sandestin Resort
SubArea
02 SOUTHWEST WALTON SOUTH
Subdivision
FRANGISTA BEACH
City
MIRAMAR BEACH
County
WALTON
State
FL
Zip Code
32550

Amenities

Has Pool
Yes

Amenities

Beach, Short Term Rental - Allowed, Deed Access

Utilities

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

Pool

Pool - In-Ground, Private, Pool - Heated, Community

Interior

Fireplace
Yes
Fireplaces
Fireplace, Fireplace Gas
# of Stories
4

Interior Features

Breakfast Bar, Fireplace, Fireplace Gas, Floor Hardwood, Furnished - All, Kitchen Island, Pantry, Washer/Dryer Hookup, Woodwork Painted, Ceiling Raised, Elevator

Appliances

Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator, Refrigerator W/Ice Maker, Washer, Freezer, Stove/Oven Gas

Cooling

A/C: Central Electric, Ceiling Fans, A/C: High Efficiency

Exterior

Exterior
Siding Vinyl
Lot Description
Within 1/2 Mile Of Water
Foundation
Siding Vinyl

Exterior Features

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

School Information

Elementary
DESTIN
Middle
DESTIN
High
Destin

Additional Information

Days on Website
80
Zoning
Residential Single Family
HOA Fees
0.00

Listing Details

Office
Compass
Property History
Price Reduced from $3,095,000 to $2,990,000

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Listing information last updated on May 4th, 2024 at 12:30am CDT.