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Karrie Rose

850-543-5588
  • MLS® #: 816360
  • 116 Sarasota St

  • MIRAMAR BEACH, FL 32550
  • $1,395,000 REDUCED
  • 9 Beds, 8 Bath, 5880 SQ. Feet, 0.11 Acres
  • Residential
  • Office: The Premier Property Group

Income Producing Vacation Rental Property in the highly desired subdivision of Frangista Beach. Home was updated in 2017 & has projected gross income projected to exceed $150k for 2019. INVESTOR'S DREAM! Home can sleep up to 27 people. 9BR/8BA. Owners & guests of Frangista Beach can enjoy 1,100 feet of DEEDED beach access, short 2 blocks from home. Decorative features to include travertine floors, crown molding, GE profile appliances, granite counter tops, breakfast bar, large bunk room/s, built in HEATED pool w/spectacular courtyard, BBQ grill, fire pit, game room w/pool table, 2 laundry rooms! Shed in back for storage. Furnishings Convey. Property can also be viewed @ www.BeachReunion.com (Best Kept Sea-Cret). All info/contacts believed to be correct, but should be buyer verified.French doors leading to multiple storied covered balconies overlooking pool area. 2 owner lockouts. 4th Floor has minimal view of Gulf. Travel up the spiral staircase to 4th Floor where you'll find sleeping quarter with two twin bed and flat screened tv and mini fridge - perfect for playroom. Walkout and you'll find yourself on roomtop (4th floor) where you can sit and enjoy the Gulf Breeze/s from back of house and from front, yet another covered balcony.

Essential Information

  • MLS® #816360
  • Price$1,395,000
  • Bedrooms9
  • Bathrooms8.00
  • Full Baths8
  • Square Footage5,880
  • Acres0.11
  • Year Built2005
  • TypeResidential
  • Sub-TypeDetached Single Family
  • StyleBeach House
  • StatusActive

Community Information

  • Address116 Sarasota St
  • AreaSouth Walton West
  • SubdivisionFRANGISTA BEACH
  • CityMIRAMAR BEACH
  • CountyWALTON
  • StateFL
  • Zip Code32550

Amenities

  • ParkingOversized, Other
  • Has PoolYes

Amenities

Beach, Deed Access, Pool, TV Cable Available, Pets Allowed

Utilities

Electric Available, Public Sewer Available, Public Water Available, TV Cable Available, Tap Fee Paid, Underground

Pool

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

Interior

  • # of Stories4

Interior Features

Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Floor Tile, Pantry, Window Treatment All, Furnished - All, Lock Out, Owner's Closet, Split Bedroom

Appliances

Dishwasher, Disposal, Ice Machine, Microwave, Oven:Self Cleaning, Range Hood, Refrigerator W/Ice Maker, Smoke Detector, Dryer, Fire Alarm/Sprinkler, Freezer, Stove/Oven Electric, Washer, Smooth Stovetop Rnge

Heating

Heat High Efficiency, Heat: Central Electric, Heat: Two Or More

Cooling

A/C: Two Or More, A/C: Central Electric, A/C: High Efficiency, Ceiling Fans, Water Heater - Two +

Exterior

  • FoundationFoundation Slab On Grade

Exterior

Siding Stucco, Foundation Slab On Grade

Exterior Features

Balcony, BBQ Pit/Grill, Patio Open, Shower, Workshop, Columns, Deck Enclosed, Deck Open, Fenced Lot-Part, Pool - Heated, Pool - In-Ground, Porch Covered, Porch Open

Lot Description

Within 1/2 Mile Of Water, Interior, Level, Restrictions

School Information

  • ElementaryVAN R. BUTLER
  • MiddleEMERALD COAST
  • HighSOUTH WALTON

Additional Information

  • Days on Website149
  • ZoningResidential Single Family
  • HOA Fees750.00
  • HOA Fees Freq.Annually

Property Location

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Price Change History for 116 Sarasota St, MIRAMAR BEACH, FL (MLS® #816360)

Date Details Price Change
Price Reduced (from $1,600,000) $1,395,000 $205,000 (12.81%)

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on July 16th, 2019 at 11:45am CDT.