116 Sarasota Street, Miramar Beach, FL 32550 (MLS# 997411)

Construction Status: Construction Complete

Lot Features: Within 1/2 Mile to Water

Zoning: Resid Single Family

Project Facilities: Beach; Deed Access

Exterior: Balcony; BBQ Pit/Grill; Columns; Fenced Lot-Part; Patio Covered; Patio Open; Pool - Heated; Pool - In-Ground; Porch; Porch Open; Shower; Yard Building

Interior: Breakfast Bar; Ceiling Crwn Molding; Floor Vinyl; Furnished - All; Lighting Recessed; Owner's Closet; Pantry; Shelving; Split Bedroom; Washer/Dryer Hookup; Window Treatment All

Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Refrigerator W/IceMk; Smoke Detector; Smooth Stovetop Rnge; Stove/Oven Electric; Washer

Utilities: Electric; Phone; Public Sewer; Public Water; TV Cable

Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect; Water Heater - Two +

Master Bedroom: Third

Bedroom: First; Second; Third

Kitchen: Second

Rooms: Bedroom; Dining Room; Family Room; Kitchen; Master Bedroom; Play Room

Financing: Conventional

Another bedroom enjoys a private ensuite bath, while the second bunk room has private access to a shared hallway bath. A spacious laundry room on this floor provides room for extra storage, an often overlooked but valuable feature for short-term rental turnover. Step outside to your own private pool and spa, complete with a dedicated grilling area, creating a natural extension of the entertainment space. The second floor serves as the heart of the home, with an open-concept living, dining, and kitchen area designed for gathering. The kitchen offers abundant cabinet storage, expansive granite countertops, a breakfast bar, pantry, and double dishwashers, an ideal setup for large groups. From the living area, step out onto the covered balcony for added indoor-outdoor living. Two guest bedrooms are also located on this level: one with a private ensuite bath and another with private access to the shared hallway bath. On the third floor, you'll find two primary suites, each with its own private bathroom. One features a double vanity and a seating nook within the bath area and the closet. The second primary offers a deep walk-in closet, private covered balcony, double vanities, and a separate walk-in shower and jetted tub. An additional guest bedroom with a private ensuite bath and a conveniently located laundry closet complete this level. At the top of a spiral staircase, the heated and cooled crow's nest provides a unique bonus space currently used as a tenth sleeping area. From here, enjoy access to a third covered balcony as well as a spacious open-air patio at the rear of the home. Currently operating as a short-term rental, this property offers substantial income potential and the flexibility to continue as an investment property or transform into a private coastal retreat. Its creative layout maximizes sleeping capacity and gathering space, making it particularly well-suited for large groups seeking both connection and comfort. Beach access can be found at the gated entrance of Hollywood Street. Frangista Beach is located right in the heart of Miramar Beach within close proximity to many great dining and shopping options. Surf Hut, Royal Palm Grill, Whale's Tail, Pompano Joe's, Acme Oyster House, Two Birds Cafe, Seascape Towne Center, Silver Sands Outlets, and much much more.