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Jennifer Hatcher

[email protected] +1(850) 685-8243

$ 1,795,000

Est. payment -/mo

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Active

56 Ruth Street Miramar Beach, FL 32550

7 Beds

6 Baths

3,079 SqFt

UPDATED:

10/31/2024 06:22 PM

Key Details

Property Type Single Family Home

Sub Type Beach House

Listing Status Active

Purchase Type For Sale

Square Footage 3,079 sqft

Price per Sqft $582

Subdivision Frangista Beach 2Nd Addn

MLS Listing ID 953903

Bedrooms 7

Full Baths 6

Construction Status Construction Complete

HOA Fees $425/qua

HOA Y/N Yes

Year Built 2021

Lot Size 4,791 Sqft

Acres 0.11

Property Description

Welcome to your next investment opportunity in The Villas of Frangista located in Miramar Beach, FL! This spacious 7-bedroom, 6-bathroom home at 56 Ruth Street offers a prime location with private deeded beach access, making it an ideal vacation rental property. Step inside this 3079 square foot home and discover a well-appointed interior that's perfect for hosting guests. With ample space for indoor/outdoor entertainment and relaxation. The property's vacation rental actuals for 2023 reached an impressive $168,000, and the projection for 2024 is $175,000, showcasing its potential for a lucrative return on investment. Whether you're looking to expand your real estate portfolio or seeking a smart income-generating opportunity, this home is a must-see.

Location

State FL

County Walton

Area 15 - Miramar/Sandestin Resort

Zoning Resid Single Family

Rooms

Guest Accommodations Beach,Deed Access,Gated Community,Pool,Short Term Rental - Allowed

Kitchen First

Interior

Interior Features Kitchen Island, Owner's Closet, Washer/Dryer Hookup

Appliance Dryer, Freezer, Smoke Detector, Stove/Oven Electric, Washer

Exterior

Exterior Feature Balcony, Fenced Privacy, Pool - Heated, Pool - In-Ground, Sprinkler System

Pool Private

Community Features Beach, Deed Access, Gated Community, Pool, Short Term Rental - Allowed

Utilities Available Electric, Gas - Natural, Public Sewer, Public Water

Private Pool Yes

Building

Lot Description Within 1/2 Mile to Water

Story 3.0

Structure Type Roof Metal,Siding CmntFbrHrdBrd,Slab

Construction Status Construction Complete

Schools

Elementary Schools Van R Butler

Others

Assessment Amount $425

Energy Description AC - 2 or More,Ceiling Fans,Water Heater - Tnkls

Financing Conventional

Listed by Compass

Jennifer Hatcher

Advisor | License ID: 3132696

+1(850) 685-8243

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