120 Payne Street, Miramar Beach, FL 32550 (MLS# 933125)

Sold Price/SqFt: 614.75

Status: Sold

Under Contract Date: 2024-01-29

Sold Date: 2024-03-15

Sold Price: $3,600,000

Listing Board: Emerald Coast

List Price/SqFt: 636.1

List Date: 2023-09-25

Current Price: $3,600,000

List Price: $3,725,000

Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort

Elementary School: Destin

Middle School: Destin

High School: Destin

Legal Description: LOT 1 PAYNE STREET COTTAGES PB 24-33 OR 3243-3990 OR 3296-1131

Sub-Type: Detached Single Family

Design: Contemporary

SqFt Source: Appraiser

Immediate Occupancy: Yes

Garage: Yes

Carport: No

Driveway Spaces: 7

Pool: Yes

Pool Type: Private

Apx SqFt(Htd/Cooled): 5856

Bedrooms: 9

Full Baths: 9

Half Baths: 1

Total Bathrooms: 10

# Stories: 3

Year Built: 2023

Garage Spaces: 1

Acreage: 0.23

Who Paid Doc Stamps: Seller

Who Paid Title: Buyer

Homestead: No

Is Subject Leased: No

Assessment Fees: No

New Buyer Fee: No

Last Taxes: 2423.72

Last Tax Year: 2022

Brokerage Interest: No Interest

As Is: No

Remarks: 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!

Accept Backup Offers: 1

Construction Complete: 1

Boat: 1

Garage: 1

Oversized: 1

Gulf: 1

Fenced - Perimeter: 1

Garage: 1

County Road: 1

Paved Road: 1

Coastal Barrier Zone: No

Within 1/2 Mile to Water: 1

BBQ Pit/Grill: 1

Elevators: 1

Exercise Room: 1

Game Room: 1

Pool: 1

Short Term Rental - Allowed: 1

Whirlpool: 1

Concrete: 1

Roof Metal: 1

Stucco: 1

Trim Vinyl: 1

Electric: 1

Public Sewer: 1

Public Water: 1

Resid Single Family: 1

Balcony: 1

BBQ Pit/Grill: 1

Deck Open: 1

Pool - In-Ground: 1

Porch: 1

Porch Open: 1

Ceiling Raised: 1

Elevator: 1

Fireplace: 1

Furnished - All: 1

Hallway Bunk Beds: 1

Kitchen Island: 1

Owner's Closet: 1

Shelving: 1

Washer/Dryer Hookup: 1

Conventional: 1

Auto Garage Door Opn: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Freezer: 1

Ice Machine: 1

Microwave: 1

Range Hood: 1

Refrigerator: 1

Stove/Oven Gas: 1

Washer: 1

AC - 2 or More: 1

AC - Central Elect: 1

Double Pane Windows: 1

Heat - Two or More: 1

Heat Cntrl Electric: 1

Water Heater - Two +: 1

First: 1

Second: 1

Third: 1

Second: 1

Second: 1

Bedroom: 1

Bunk Room: 1

Exercise Room: 1

Foyer: 1

Kitchen: 1

Living Room: 1

Recreation Room: 1

Area: 15 - Miramar/Sandestin Resort

Street #: 120

Street Name: Payne

Street Suffix: Street

State: FL

Zip Code: 32550

County: Walton

Project Name/Subdivision: Payne Street Cottages

Parcel ID: 30-2S-21-42980-000-0010