Active
41 W Palm Beach Street
Miramar Beach FL, 32550
$2,990,000
$701.38 per sqft
Active
8 Beds
7 Baths
4,263 sqft
Residential
Built in 2023
Primely located in the heart of Frangista Beach, an investor centric neighborhood just steps from the Gulf of Mexico, this stunning beachside retreat offers an unparalleled blend of elegance, comfort, and coastal living. Spanning an impressive 4,263 square feet, this spacious home boasts 8 bedrooms, 7 bathrooms, and a host of exceptional features with custom construction newly completed by Ben Giles. Upon entering, you'll be greeted by the warmth of Thierry Francois flooring that leads through the impeccably designed interior with first level game room and entertaining directly flowing out to the resort style pool.
Please reach out to us today for the cost-to-own and rental projection figures for the property. The main living areas feature exquisite pecky cypress ceilings, adding a touch of rustic charm and character to the space. Entertain guests effortlessly in the gourmet kitchen situated on the second level, equipped with top-of-the-line Subzero and Thermador appliances, as well as a Thierry Francois hood vent and gas range for culinary enthusiasts. Accommodations abound in this residence, with six king-sized bedrooms offering plush comfort and relaxation, complemented by two additional bedroom suites designed as charming bunk rooms. Each of the seven bathrooms exudes luxury, featuring high-end finishes and modern fixtures. Ascend to the fourth-story rooftop deck via the unique spiral staircase, where breathtaking panoramic views of the Gulf of Mexico await. Outdoor living is elevated to new heights with a private pool and spa, providing the ultimate retreat for soaking up the sun or unwinding after a day at the beach. The full outdoor kitchen ensures seamless alfresco dining experiences, complete with a grill and ample counter space for preparing meals. Convenient amenities include a single-car garage for added storage and parking convenience. As a bonus, there is beach access for Frangista Beach owners, ensuring easy access to the pristine shoreline. With rental projections reaching $300,000 annually, this property presents an exceptional investment opportunity for those seeking to capitalize on the booming vacation rental market along the Emerald Coast. Experience the epitome of coastal luxury at this magnificent new construction beach home, where every detail has been thoughtfully curated to offer a lifestyle of unparalleled comfort and sophistication.
942222
MLSⓇ ID
February 13, 2024
Listed
May 9, 2024
Updated
Map
41 W Palm Beach Street
Miramar Beach FL, 32550
Interior Features
Total Stories
4
Bedrooms
8
Total Bathrooms
7
Full Bathrooms
7
Interior Features
Breakfast Bar, Ceiling Raised, Elevator, Fireplace, Fireplace Gas, Floor Hardwood, Furnished - All, Kitchen Island, Pantry, Washer/Dryer Hookup, Woodwork Painted
Appliances
Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Stove/Oven Gas, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Central Air
Heating
No
Exterior/Building Features
Lot Size
0.11 Acres
Exterior Features
Balcony, Deck Open, Fenced Lot-All, Fenced Privacy, Hot Tub, Pool - Heated, Pool - In-Ground, Shower
Lot Features
Within 1/2 Mile to Water
Architectual Style
Beach House
School Information
High School
Destin
Elementary School
Destin
Other Property Details
Area Name
15 - Miramar/Sandestin Resort
Days on Market
79
Association Fee
Not Listed
Garage
No
View
Yes
View Description
Gulf
County
Walton
Pool
Yes
Pool Features
Pool Type
Zoning
Resid Single Family
Listing History
Date | Event | Price |
---|---|---|
3/13/2024 | Price Change | $2,990,000 -4% |
Courtesy of Compass, Spears Group,
Listing Contact: 850-710-2114
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Data last updated 1:28 PM UTC, 5/9/2024