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Prominent gulf front positioning and beautiful coastal contemporary architecture & aesthetics define this luxurious beach front residence recently remodeled to both maximize rental revenue and yield an unparalleled family retreat in the heart of Miramar Beach, Florida. This short term rental machine has over $375,000 in projected annual income with excellent history and finely appointed upgrades offering an impressive four story vertical footprint with notable features including a private gulf front pool perched high above sea level to maximize gorgeous unimpeded gulf views. This open layout floor-plan was designed with legacy living in mind offering ample parking including an oversized two car garage as well as fortified construction quality with concrete and frame infusion. The first level offers an oversized lockout suite currently designed with built in bunk beds, full bathroom and a living/sitting area with direct access to the rear pool deck and private beach walkover. The second level offers two full bedroom suites as well as a laundry room, secondary living room and kitchen overlooking the Gulf of Mexico and private pool area through floor to ceiling store front glass. The third level anchors the home as the primary living space with a fully equipped chef's kitchen complete with stainless appliances and stone countertops highlighted by a massive center island with freshly painted interiors including rustic white washed beamed ceilings and ample windows for taking in the elevated gulf views. The third level also features three full bedroom suites with en-suites as well as a spacious covered porch for enjoying the majestic sunset vistas and sea breeze. The top level is occupied by an oversized master bedroom that encompasses the entire space and has been designed as a true suite experience with an adjoining master bathroom, soaring cathedral ceilings and ample room to relax while taking in the pristine panoramic gulf views prominently exposed by white washed tongue & groove walls & ceiling and abundant south facing windows. Open Gulf Street is a private enclave located in the heart of South Walton County adjacent to the world class Sandestin Resort and within excellent proximity to exceptional shopping, private & casual dining, golf courses, Sandestin Marina and local entertainment.This Residential property located within the RICHARDS A E UNREC subdivision in MIRAMAR BEACH, FL 32550 is priced at $670/sq. ft. and has been on the market for 20 days. 259 Open Gulf St is 5214 square feet of living space and has 7 bedrooms and 8 baths and was built in 2014. The average list price of properties in RICHARDS A E UNREC is $3,495,000.
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Listing information last updated on November 17th, 2019 at 3:15pm CST.