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10% ROI!! Looking for a great investment? This home will GROSS OVER $152K this year!! Amazing INCOME PRODUCING vacation rental property, located in the HIGHLY desired FRANGISTA BEACH, has a backyard you don't want to miss! AND ONLY 200 STEPS TO PRIVATE BEACH ACCESS!! 20+ Palm trees provide that UPSCALE RESORT LIVING you have been looking for! Enjoy your BACKYARD RETREAT with these INCREDIBLE amenities: a HUGE heated pool, ping-pong table, POOL table, HOT TUB, custom baggo set, gas grill, outdoor shower, and an amazing shaded TIKI-HUT! This home has been a favorite for years with guests! This home is 3,348 SF, 5 bed, 4.5 baths PLUS 1,000 SF spread-out over 5 balconies and porches!! The 1st floor layout boasts TWO bunkroom Queen (built-in) bunks, Full bathroom, Hall bunk room, Laundry Room and 2 car garage. The 2nd floor is the main level of living with a large open floor plan. The living room flows into the dining area and kitchen, where you will enjoy a fabulous large dining table for 6 and 4 matching bar stools along the counter for plenty of seating. The attached wet bar area offers plenty of ice with the separate ice maker. 3 sets of French doors lead to the very spacious balcony over looking the backyard retreat. The kitchen is a gourmet's dream! Stainless everything and granite counter tops with plenty of storage. Also on the main level is a half bath and a KING MASTER SUITE with ensuite full bath. The 3rd floor features a SECOND living room, 2 more KING MASTER SUITES, both with ensuite baths and PRIVATE balconies. Notable items include: Hot tub replaced in 2017, 2 RINNAI tankless water heaters replaced summer 2018, NEW Fridge in April 2019, ALL 3 AC units replaced in 2014, 2015 and 2018, ENTIRE home painted in 2017 Rhino Shield Paint (ELASTOMERIC) paint! Home sold fully furnished and rental ready!! GREAT rental History!!! Items in owners closets do not convey. Buyer to verify all information and dimensions.This Residential property located within the FRANGISTA BEACH subdivision in MIRAMAR BEACH, FL 32550 is priced at $426/sq. ft. and has been on the market for 159 days. 62 Miami St is 3348 square feet of living space and has 5 bedrooms and 5 baths and was built in 2004. The average list price of properties in FRANGISTA BEACH is $1,275,764.
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Listing information last updated on September 17th, 2019 at 12:30pm CDT.