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120 Payne Street, Miramar Beach, FL 32550
$3,600,000
120 Payne Street, Miramar Beach, FL 32550View this property at 120 Payne Street, Miramar Beach, FL 32550
120 Payne StreetMiramar BeachFL32550
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Property 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! 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.
Full Property Details
Full Property Details for 120 Payne St
General
- Sold For: $3,600,000
- Taxes: $2,423 (2022)
- Status: Closed
- Type: Single Family
- MLS ID: 933125
- Added to Site: 220 day(s) ago
Interior
- Rooms/Areas: Bedroom, Bunk Room, Exercise Room, Foyer, Kitchen, Living Room, Recreation Room
- Interior Features: 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
Rooms
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 9
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 9
Other Rooms
- Foyer/Entry: Foyer
- Living Room: Living Room
- Kitchen: Kitchen
- Game room: Yes
- Game Room: Recreation Room
- Rec Room: Yes
- Exercise Room: Exercise Room
Additional Information
- Shared Amenities: BBQ Pit/Grill, Elevators, Exercise Room, Game Room, Pool, Short Term Rental - Allowed, Whirlpool
- Improvements: Fenced - Perimeter, Garage
- Pool: Yes
Exterior
- Exterior Features: Balcony, BBQ Pit/Grill, Deck Open, Pool - In-Ground, Porch, Porch Open
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Boat, Garage, Oversized
Location
- Area: 15 - Miramar/Sandestin Resort
- County: Walton
- Subdivision: Payne Street Cottages
- Driving Directions: From Scenic 98 turn onto Ellis. Go to 2nd stop sign until you reach Payne Street then turn right. Home is on the right.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Heating & Cooling
- Heating/Cooling: AC - 2 or More, AC - Central Elect, Double Pane Windows, Heat - Two or More, Heat Cntrl Electric, Water Heater - Two +
Utilities
- Utility Description: Electric, Public Sewer, Public Water
Structural Information
- Architectural Style: Contemporary
- Construction: Concrete, Roof Metal, Stucco, Trim Vinyl
- Stories/Levels: 3
- Square Feet: 5,856
- Sq. Ft. Source: Appraiser
- Year Built: 2023
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.23
- Lot Dimensions: 55 x 185
- Street/Road Desc.: County Road, Paved Road
- Lot Features: Within 1/2 Mile to Water
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $2,423
- Tax Year: 2022
- Terms: Conventional
Disclosures and Reports
- Legal Description: LOT 1 PAYNE STREET COTTAGES PB 24-33 OR 3243-3990 OR 3296-1131
- APN: 30-2S-21-42980-000-0010
Listed by Five Star Properties RE FL Inc
Sold by Amerivest Realty
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Schools
Schools serving 120 Payne St
School District:Walton
Rating | Name | Grades | Distance |
---|---|---|---|
6694 W County Highway 30a, Santa Rsa Bch, FL 32459 | PK-4 | 7.4 mi | |
Bay School
6565 Us Highway 98 E, Santa Rsa Bch, FL 32459 | PK-PK | 15.9 mi | |
4019 Us Highway 98 E, Santa Rsa Bch, FL 32459 | 6-8 | 16.2 mi | |
645 Greenway Trl, Santa Rsa Bch, FL 32459 | 9-12 | 12.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 Payne St
Date
Details
Price
Change
Source
3/15/2024
Sold
$3,600,000
-3.36%
MLS
11/23/2023
Price Reduced
$3,725,000
-0.67%
MLS
9/25/2023
Listed
$3,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
120 Payne Street, Miramar Beach, FL 32550 (MLS# 933125) is a Single Family property that was sold at $3,600,000 on March 15, 2024. Want to learn more about 120 Payne Street? Do you have questions about finding other Single Family real estate for sale in Miramar Beach? You can browse all Miramar Beach real estate or contact a Coldwell Banker agent to request more information.