120 Payne Street, Miramar Beach, FL 32550
$3,600,000
Property Type:
Residential
Bedrooms:
9
Baths:
10
Square Footage:
5,856
Lot Size (sq. ft.):
10,019
Status:
Sold
Current Price:
$3,600,000
List Date:
9/25/2023
Last Modified:
10/29/2024
Overview
Description
Supplements: ... (Read more) 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.
Listing Details MLS# 933125
Status Change Info
- Under Contract Date
- 2024-01-29
- Sold Date
- 2024-03-15
- Sold Price/SqFt
- 614.75
Contract Info
- List Price/SqFt
- 636.1
- Listing Board
- Emerald Coast
Location Tax and Legal
- 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
General Property Info
- Sub-Type
- Detached Single Family
- Design
- Contemporary
- Apx SqFt(Htd/Cooled)
- 5856
- SqFt Source
- Appraiser
- Full Baths
- 9
- Half Baths
- Yes
- Total Bathrooms
- 10
- # Stories
- 3
- Year Built
- 2023
- Immediate Occupancy
- Yes
- Garage
- Yes
- Carport
- No
- Garage Spaces
- Yes
- Driveway Spaces
- 7
- Acreage
- 0.23
- Pool
- Yes
- Pool Type
- Private
Lot Features
- Coastal Barrier Zone
- No
- Within 1/2 Mile to Water
- Yes
Location, Tax and Legal
- 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
More Information
Listing Info, Tax & Legal
- 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 & Misc
- 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!
Sale Type
- Accept Backup Offers
- Yes
Construction Status
- Construction Complete
- Yes
Parking Features
- Boat
- Yes
- Garage
- Yes
- Oversized
- Yes
Waterview
- Gulf
- Yes
Farm Info
- Fenced - Perimeter
- Yes
- Garage
- Yes
Lot/Parcel Access
- County Road
- Yes
- Paved Road
- Yes
Project Facilities
- BBQ Pit/Grill
- Yes
- Elevators
- Yes
- Exercise Room
- Yes
- Game Room
- Yes
- Pool
- Yes
- Short Term Rental - Allowed
- Yes
- Whirlpool
- Yes
Construction/Siding
- Concrete
- Yes
- Roof Metal
- Yes
- Stucco
- Yes
- Trim Vinyl
- Yes
Utilities
- Electric
- Yes
- Public Sewer
- Yes
- Public Water
- Yes
Zoning
- Resid Single Family
- Yes
Exterior
- Balcony
- Yes
- BBQ Pit/Grill
- Yes
- Deck Open
- Yes
- Pool - In-Ground
- Yes
- Porch
- Yes
- Porch Open
- Yes
Interior
- Ceiling Raised
- Yes
- Elevator
- Yes
- Fireplace
- Yes
- Furnished - All
- Yes
- Hallway Bunk Beds
- Yes
- Kitchen Island
- Yes
- Owner's Closet
- Yes
- Shelving
- Yes
- Washer/Dryer Hookup
- Yes
Financing
- Conventional
- Yes
Appliances
- Auto Garage Door Opn
- Yes
- Dishwasher
- Yes
- Disposal
- Yes
- Dryer
- Yes
- Freezer
- Yes
- Ice Machine
- Yes
- Microwave
- Yes
- Range Hood
- Yes
- Refrigerator
- Yes
- Stove/Oven Gas
- Yes
- Washer
- Yes
Energy
- AC - 2 or More
- Yes
- AC - Central Elect
- Yes
- Double Pane Windows
- Yes
- Heat - Two or More
- Yes
- Heat Cntrl Electric
- Yes
- Water Heater - Two +
- Yes
Bedroom
- First
- Yes
- Second
- Yes
- Third
- Yes
Kitchen
- Second
- Yes
Living Room
- Second
- Yes
Rooms
- Bedroom
- Yes
- Bunk Room
- Yes
- Exercise Room
- Yes
- Foyer
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Recreation Room
- Yes
Property Features
Sale Type:
Accept Backup Offers
Construction Status:
Construction Complete
Farm Info:
Fenced - Perimeter; Garage
Lot Features:
Within 1/2 Mile to Water
Zoning:
Resid Single Family
Waterview:
Gulf
Parking Features:
Boat; Garage; Oversized
Project Facilities:
BBQ Pit/Grill; Elevators; Exercise Room; Game Room; Pool; Short Term Rental - Allowed; Whirlpool
Exterior:
Balcony; BBQ Pit/Grill; Deck Open; Pool - In-Ground; Porch; Porch Open
Interior:
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
Utilities:
Electric; Public Sewer; Public Water
Energy:
AC - 2 or More; AC - Central Elect; Double Pane Windows; Heat - Two or More; Heat Cntrl Electric; Water Heater - Two +
Bedroom:
First; Second; Third
Kitchen:
Second
Living Room:
Second
Rooms:
Bedroom; Bunk Room; Exercise Room; Foyer; Kitchen; Living Room; Recreation Room
Financing:
Conventional
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks |
|---|---|---|---|---|---|
| Foyer | First | 15 x 6 | 15.00 | 6.00 | |
| Recreation Room | First | 31 x 16 | 31.00 | 16.00 | Game Room / Sitting Area |
| Bedroom | First | 14.8 x 13.6 | 14.80 | 13.60 | |
| Exercise Room | First | 10.11 x 12.11 | 10.11 | 12.11 | |
| Bedroom | First | 12.5 x 16.5 | 12.50 | 16.50 | |
| Kitchen | Second | 23 x 16 | 23.00 | 16.00 | |
| Living Room | Second | 41 x 17 | 41.00 | 17.00 | living / dining area |
| Bunk Room | Second | 12 x 10 | 12.00 | 10.00 | bunk room |
| Bedroom | Second | 12 x 12 | 12.00 | 12.00 | |
| Bedroom | Second | 14 x 14 | 14.00 | 14.00 | |
| Bedroom | Third | 11 x 12.5 | 11.00 | 12.50 | |
| Bedroom | Third | 12 x 14 | 12.00 | 14.00 | |
| Bedroom | Third | 12 x 14 | 12.00 | 14.00 | |
| Bedroom | Third | 12 x 14 | 12.00 | 14.00 |
Documents
Listing Office:
Five Star Properties RE FL Inc
Last Updated: October - 29 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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