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40 W Palm Beach Court, Miramar Beach, FL 32550 (MLS# 946714)

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40 W Palm Beach Court, Miramar Beach, FL 32550

$1,700,000
Property Type: Residential Bedrooms: 6 Baths: 7 Square Footage: 3,215 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $1,700,000 List Date: 4/07/2024 Last Modified: 4/29/2024

Description

Bottom Line up front!!! PRICED TO SELL BELOW MARKET VALUE PRICE REDUCED 300K!! Revenue Forecast for 2024 - $231K Rentals are booked!! 74K already on the books for 2024!!! Proven Track record of a solid investment! 2023 161K so far, 209K in 2022, 199K in 2021, 169K in 2020.Turn-key vacation home or vacation rental with private deeded beach access. This property can accommodate guests with ease and spacious living areas. Comfort and luxury throughout 6 separate bedrooms, 7 bathrooms, a private pool with an open deck with grilling area as well as a hot tub for hours of outdoor enjoyment.

Supplements: Televisions in every bedroom and open living area as well as a game console for entertainment indoors. A jetted whirlpool tub in the Primary bedroom, gorgeous kitchen with granite countertops, a gas stove, stainless appliances and plenty of cabinet space to create any of your culinary desires! The lower level living area has its own kitchenette. This property has literally everything in addition to being centrally located to dining, shopping and within a short walking distance to the community pool and your very own private access to world famous emerald coast beaches-truly a Florida paradise!

More Information MLS# 946714

Status Change Info

Status: Active

Contract Info

List Date: 2024-04-07 Current Price: $1,700,000 List Price: $1,700,000 List Price/SqFt: 528.77 Listing Board: Emerald Coast

Location, Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 40 Street Direction: W Street Name: Palm Beach Street Suffix: Court 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: 322S214205000A0050 Elementary School: Van R Butler Middle School: Emerald Coast High School: South Walton Legal Description: LOT 5 BLK A FRANGISTA BEACH 2ND ADDITION PB 3-41 OR 1018-44 OR 1241-210 OR 1761-65 &-66 OR 2607-4339 OR 3114-3472

General Property Info

Sub-Type: Detached Single Family Design: Contemporary Apx SqFt(Htd/Cooled): 3215 SqFt Source: County PA Records Bedrooms: 6 Full Baths: 5 Half Baths: 2 Total Bathrooms: 7 # Stories: 4 Year Built: 2006 Immediate Occupancy: Yes Garage: No Carport: No Driveway Spaces: 3 Acreage: 0.11 Pool: Yes Pool Type: Private

Listing Info, Tax & Legal

Homestead: No Assessment Fees: No Is Subject Leased: No New Buyer Fee: Yes New Buyer Fee Paid: $ Last Taxes: 11249.3 Last Tax Year: 2023 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Bottom Line up front!!! PRICED TO SELL BELOW MARKET VALUE PRICE REDUCED 300K!! Revenue Forecast for 2024 - $231K Rentals are booked!! 74K already on the books for 2024!!! Proven Track record of a solid investment! 2023 161K so far, 209K in 2022, 199K in 2021, 169K in 2020.Turn-key vacation home or vacation rental with private deeded beach access. This property can accommodate guests with ease and spacious living areas. Comfort and luxury throughout 6 separate bedrooms, 7 bathrooms, a private pool with an open deck with grilling area as well as a hot tub for hours of outdoor enjoyment.

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: Corner; Covenants; Restrictions; Within 1/2 Mile to Water Zoning: Resid Single Family Project Facilities: Beach; Pets Allowed; Pool; Short Term Rental - Allowed Construction/Siding: Frame; Slab; Stucco Exterior: Balcony; Deck Open; Fenced Lot-Part; Fenced Privacy; Hurricane Shutters; Lawn Pump; Pool - Heated; Pool - In-Ground Interior: Breakfast Bar; Ceiling Crwn Molding; Floor Hardwood; Floor Tile; Furnished - Some; Kitchen Island; Lighting Recessed; Pantry; Washer/Dryer Hookup Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Smoke Detector; Stove/Oven Gas Utilities: Electric; Gas - Natural; Public Sewer; Public Water; Tap Fee Paid; TV Cable Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat - Two or More; Heat Cntrl Electric; Insulated Doors; Water Heater - Tnkls Mstr Bdrm/Mstr Bath: MBath Double Vanity; MBath Separate Shwr; MBath Whirlpool; MBed Balcony; MBed Walk-in Closet Master Bedroom: Third Bedroom: First; Second Kitchen: Second Living Room: First Full Bathroom: First; Third Half Bathroom: Second Rooms: Bedroom; Bonus Room; Full Bathroom; Great Room; Half Bathroom; Kitchen; Living Room; Master Bathroom; Master Bedroom Financing: Conventional; VA; Other Fees Include: Management; Master Association; Recreational Faclty

Room Information

Living Room Level: First Dimensions: 16.5 x 9 Length: 16.50 Width: 9.00 Dimensions: 16.5 x 9 Bedroom Level: First Dimensions: 14 x 10.5 Length: 14.00 Width: 10.50 Dimensions: 14 x 10.5 Bedroom Level: First Dimensions: 11.5 x 10.5 Length: 11.50 Width: 10.50 Dimensions: 11.5 x 10.5 Bedroom Level: First Dimensions: 12.5 x 11 Length: 12.50 Width: 11.00 Dimensions: 12.5 x 11 Great Room Level: Second Dimensions: 26 x 20 Length: 26.00 Width: 20.00 Dimensions: 26 x 20 Kitchen Level: Second Dimensions: 15 x 11 Length: 15.00 Width: 11.00 Dimensions: 15 x 11 Bedroom Level: Second Dimensions: 14.5 x 11.5 Length: 14.50 Width: 11.50 Dimensions: 14.5 x 11.5 Master Bedroom Level: Third Dimensions: 14.5 x 14 Length: 14.50 Width: 14.00 Dimensions: 14.5 x 14 Bonus Room Level: Fourth Dimensions: 13 x 11 Length: 13.00 Width: 11.00 Dimensions: 13 x 11 Full Bathroom Level: First Dimensions: 9.5 x 7 Length: 9.50 Width: 7.00 Dimensions: 9.5 x 7 Full Bathroom Level: First Dimensions: 9.5 x 5 Length: 9.50 Width: 5.00 Dimensions: 9.5 x 5 Half Bathroom Level: Second Dimensions: 5.5 x 4.5 Length: 5.50 Width: 4.50 Dimensions: 5.5 x 4.5 Full Bathroom Level: Third Dimensions: 8 x 5 Length: 8.00 Width: 5.00 Dimensions: 8 x 5 Master Bathroom Level: Third Dimensions: 12 x 10 Length: 12.00 Width: 10.00 Dimensions: 12 x 10 Full Bathroom Level: Third Dimensions: 11 x 9 Length: 11.00 Width: 9.00 Dimensions: 11 x 9
Listing Office: Keller Williams Success Realty
Last Updated: April - 29 - 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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