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 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Abbott Martin Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 1:28 PM UTC, 5/9/2024

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