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29 Los Angeles Street, Miramar Beach, FL 32550 (MLS# 943146)

29 Los Angeles Street, Miramar Beach, FL 32550

$3,100,000
Property Type: Residential Bedrooms: 9 Baths: 10 Square Footage: 4,949 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $3,100,000 List Date: 2/26/2024 Last Modified: 3/07/2024

Description

CALLING ALL INVESTORS: ''Born to Sun'' is a 9 bedroom/10 bathroom Coastal Retreat with an established history of strong rental bookings year after year. There is a gross rental income guarantee of $260,000 for the first year of ownership through Beach Reunion property management company. This Frangista Beach home, designed by B Design, was completed in 2016 and is built on an oversized 65 ft. by 100 ft. lot, located one block from the deeded beach access for the community. All king suites have private baths that are custom detailed with tile and chrome fixtures. These suites are serviced by an elevator that carries guests and luggage to the 2nd and 3rd floors. The only queen suite on the first floor has a private bath which overlooks the large private heated pool.

Supplements: Conveniently located in Miramar Beach, in the area of a variety of dining options, entertainment, shopping and so much more such as The Destin Commons, Thrills Arcade and Laser Tag, Sandestin, Grand Boulevard, and much more!

More Information MLS# 943146

Status Change Info

Status: Active

Contract Info

List Date: 2024-02-25 Current Price: $3,100,000 List Price: $3,100,000 List Price/SqFt: 626.39 Listing Board: Emerald Coast

Location, Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 29 Street Name: Los Angeles 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 1ST ADDN Parcel ID: 32-2S-21-42040-00E-0020 Elementary School: Destin Middle School: Destin High School: Fort Walton Beach Legal Description: W2 OF LOT 2 & ALL LOT 3 BLK E FRANGISTA BEACH 1ST ADD OR 592-185 OR 2690-3299

General Property Info

Sub-Type: Detached Single Family Design: Beach House Apx SqFt(Htd/Cooled): 4949 SqFt Source: County PA Records Bedrooms: 9 Full Baths: 10 Total Bathrooms: 10 # Stories: 3 Year Built: 2016 Immediate Occupancy: Yes Garage: Yes Carport: No Garage Spaces: 1 Acreage: 0.17 Pool: Yes Pool Type: Private

Listing Info, Tax & Legal

Homestead: No Assessment Fees: Yes Assessment Amount: 530.35 Annual Assessment Amount: 2121.4 Assessment Paid: Quarterly Is Subject Leased: No New Buyer Fee: No Last Taxes: 20630.4 Last Tax Year: 2023 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: CALLING ALL INVESTORS: ''Born to Sun'' is a 9 bedroom/10 bathroom Coastal Retreat with an established history of strong rental bookings year after year. There is a gross rental income guarantee of $260,000 for the first year of ownership through Beach Reunion property management company. This Frangista Beach home, designed by B Design, was completed in 2016 and is built on an oversized 65 ft. by 100 ft. lot, located one block from the deeded beach access for the community. All king suites have private baths that are custom detailed with tile and chrome fixtures. These suites are serviced by an elevator that carries guests and luggage to the 2nd and 3rd floors. The only queen suite on the first floor has a private bath which overlooks the large private heated pool.

Office/Member Info

Single Agent Comp: 2.5 Single Agent Comp Type: % Trans Broker Comp: 2.5 Trans Broker Comp Type: % Non-Rep Comp: 2.5 Non-Rep Comp Type: %

Property Features

Construction Status: Construction Complete Lot/Parcel Access: Paved Road Lot Features: Sidewalk; Within 1/2 Mile to Water Zoning: Resid Single Family Parking Features: Garage Attached Project Facilities: Deed Access Construction/Siding: Frame; Roof Metal; Siding CmntFbrHrdBrd; Slab; Other N/A Exterior: Balcony; BBQ Pit/Grill; Deck Open; Hot Tub; Patio Covered; Pool - Gunite Concrt; Pool - Heated; Pool - In-Ground; Sprinkler System Interior: Ceiling Raised; Elevator; Floor Tile; Furnished - All; Handicap Provisions; Kitchen Island; Lighting Recessed; Owner's Closet; Washer/Dryer Hookup; Wet Bar Appliances: Dishwasher; Dryer; Ice Machine; Microwave; Oven Self Cleaning; Range Hood; Refrigerator; Smoke Detector; Stove/Oven Gas; Washer Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Water Heater - Elect Master Bedroom: Third Bedroom: First; Second; Third Kitchen: First Rooms: Balcony; Bedroom; Bunk Room; Dining Area; Garage; Great Room; Kitchen; Master Bedroom; Media Room; Recreation Room Financing: Conventional

Room Information

Great Room Level: First Dimensions: 17.5 x 17.33 Length: 17.50 Width: 17.33 Dimensions: 17.5 x 17.33 Kitchen Level: First Dimensions: 16.33 x 14.33 Length: 16.33 Width: 14.33 Dimensions: 16.33 x 14.33 Dining Area Level: First Dimensions: 16 x 11 Length: 16.00 Width: 11.00 Dimensions: 16 x 11 Bedroom Level: First Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Garage Level: First Dimensions: 21 x 12 Length: 21.00 Width: 12.00 Dimensions: 21 x 12 Bedroom Level: Second Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Bedroom Level: Second Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Bedroom Level: Second Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Bedroom Level: Second Dimensions: 13.66 x 13 Length: 13.66 Width: 13.00 Dimensions: 13.66 x 13 Balcony Level: Second Dimensions: 19.33 x 10 Length: 19.33 Width: 10.00 Dimensions: 19.33 x 10 Recreation Room Level: Second Dimensions: 17.33 x 15 Length: 17.33 Width: 15.00 Dimensions: 17.33 x 15 Media Room Level: Third Dimensions: 17.33 x 15 Length: 17.33 Width: 15.00 Dimensions: 17.33 x 15 Master Bedroom Level: Third Dimensions: 15.4 x 23 Length: 15.40 Width: 23.00 Dimensions: 15.4 x 23 Master Bedroom Level: Third Dimensions: 16 x 13 Length: 16.00 Width: 13.00 Dimensions: 16 x 13 Bunk Room Level: Third Bedroom Level: Third Dimensions: 13.66 x 13 Length: 13.66 Width: 13.00 Dimensions: 13.66 x 13 Balcony Level: Third Dimensions: 19.33 x 10 Length: 19.33 Width: 10.00 Dimensions: 19.33 x 10
Listing Office: Gulf Realty 30A LLC
Last Updated: March - 07 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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Scott Markowitz

Scott Markowitz has been a top producing real estate agent on 30A helping his clients find the perfect property for the past 13 years on 30A. Scott began his real estate career over 35 years ago in the Savannah and St. Simons area in Georgia. He has experience in both residential and commercial real estate. Scott lives on 30A and thoroughly enjoys all that 30-A living has to offer. He’s an extraordinary individual with an in-depth knowledge about homes, condos, and land in and around 30A. Since 2009, Scott has become one of the most successful real estate agents in the area. He is perennially in the top 1% of agents in volume along 30A. Whether you are looking to purchase for pleasure or investment along 30A, Scott would love to meet with you.

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