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

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!

Supplements: 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 privat ...

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

More Information

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
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.

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy
Powered by Estatik
Scroll to Top