15 Lake Street, Miramar Beach, FL 32550
$1,699,000
Property Type:
Residential
Bedrooms:
7
Baths:
8
Square Footage:
3,134
Lot Size (sq. ft.):
5,227
Status:
Active
Current Price:
$1,699,000
List Date:
12/16/2023
Last Modified:
5/20/2024
Description
This brand new construction boasts a lucrative investment opportunity in the Villas of Frangista with deeded beach access. This spacious home features 7 bedrooms all with ensuite baths plus an additional half bath on the first level. The 1st floor also boasts a master suite, complemented by an open floor plan that seamlessly integrates the kitchen, dining, and living areas. The 3rd floor showcases a wet bar and game room, perfect for entertaining. Step outside and experience true coastal living at its finest. Take a dip in the private heated pool, perfect for a refreshing swim or lounging under the warm Florida sun. This property offers the perfect blend of coastal living and investment potential with annual rental projections of $194,000.
More Information MLS# 938467
Status Change Info
Status: Active
Contract Info
List Date: 2023-12-16
Current Price: $1,699,000
List Price: $1,699,000
List Price/SqFt: 542.12
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 15
Street Name: Lake
Street Suffix: Street
State: FL
Zip Code: 32550
County: Walton
Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Project Name/Subdivision: FRANGISTA BEACH 2ND ADDN
Parcel ID: 32-2S-21-42050-00I-0030
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 3 BLK I FRANGISTA BCH 2ND ADD PB 3-41 OR 1754-243 OR 2619-2550 OR 2619-3889 OR 3221-701
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 3134
SqFt Source: Building Plan
Bedrooms: 7
Full Baths: 7
Half Baths: 1
Total Bathrooms: 8
# Stories: 3
Year Built: 2023
Garage: No
Carport: No
Driveway Spaces: 5
Acreage: 0.12
Pool: Yes
Pool Type: Private
Listing Info, Tax & Legal
Homestead: No
Assessment Fees: Yes
Assessment Amount: 425
Annual Assessment Amount: 1700
Assessment Paid: Quarterly
Is Subject Leased: No
New Buyer Fee: Yes
New Buyer Fee Amt: 283
New Buyer Fee Paid: $
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: This brand new construction boasts a lucrative investment opportunity in the Villas of Frangista with deeded beach access. This spacious home features 7 bedrooms all with ensuite baths plus an additional half bath on the first level. The 1st floor also boasts a master suite, complemented by an open floor plan that seamlessly integrates the kitchen, dining, and living areas. The 3rd floor showcases a wet bar and game room, perfect for entertaining. Step outside and experience true coastal living at its finest. Take a dip in the private heated pool, perfect for a refreshing swim or lounging under the warm Florida sun. This property offers the perfect blend of coastal living and investment potential with annual rental projections of $194,000.
Office/Member Info
Single Agent Comp: 2.5
Single Agent Comp Type: %
Trans Broker Comp: 2.5
Trans Broker Comp Type: %
Non-Rep Comp: 1
Non-Rep Comp Type: %
Lot Features
Coastal Barrier Zone: No
Property Features
Construction Status: Construction Complete
Lot/Parcel Access: Controlled Access; Paved Road; Private Road
Lot Features: Interior; Sidewalk; Survey Available; Within 1/2 Mile to Water
Zoning: Resid Single Family
Project Facilities: Beach; Community Room; Deed Access; Fishing; Gated Community; Pool; Short Term Rental - Allowed
Construction/Siding: Roof Metal; Siding CmntFbrHrdBrd; Slab
Exterior: Balcony; Fenced Privacy; Lawn Pump; Pool - Heated; Pool - In-Ground; Porch; Sprinkler System
Interior: Kitchen Island; Owner's Closet; Washer/Dryer Hookup; Wet Bar
Appliances: Dishwasher; Freezer; Microwave; Range Hood; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer
Utilities: Electric; Gas - Natural; Public Sewer; Public Water; Tap Fee Paid
Energy: AC - 2 or More; Ceiling Fans; Water Heater - Tnkls
Mstr Bdrm/Mstr Bath: MBath Tile; MBed First Floor
Master Bedroom: First
Bedroom: First; Second; Third
Kitchen: First
Living Room: First
Rooms: Bedroom; Kitchen; Living Room; Master Bedroom; Play Room
Financing: Conventional
Room Information
Living Room
Level: First
Dimensions: 18 x 16
Length: 18.00
Width: 16.00
Dimensions: 18 x 16
Kitchen
Level: First
Dimensions: 15 x 12
Length: 15.00
Width: 12.00
Dimensions: 15 x 12
Master Bedroom
Level: First
Dimensions: 13.11 x 12.9
Length: 13.11
Width: 12.90
Dimensions: 13.11 x 12.9
Bedroom
Level: First
Dimensions: 14.2 x 8.11
Length: 14.20
Width: 8.11
Dimensions: 14.2 x 8.11
Bedroom
Level: Second
Dimensions: 13 x 12
Length: 13.00
Width: 12.00
Dimensions: 13 x 12
Bedroom
Level: Second
Dimensions: 12.9 x 12
Length: 12.90
Width: 12.00
Dimensions: 12.9 x 12
Bedroom
Level: Second
Dimensions: 18.6 x 12.8
Length: 18.60
Width: 12.80
Dimensions: 18.6 x 12.8
Bedroom
Level: Second
Dimensions: 13.11 x 14.8
Length: 13.11
Width: 14.80
Dimensions: 13.11 x 14.8
Bedroom
Level: Third
Dimensions: 16.1 x 12
Length: 16.10
Width: 12.00
Dimensions: 16.1 x 12
Play Room
Level: Third
Listing Office: Compass
Last Updated: May - 20 - 2024
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