117 Lakeland Drive, Miramar Beach, FL 32550
$2,550,000
Property Type:
Residential
Bedrooms:
9
Baths:
10
Square Footage:
3,970
Status:
Sold
Current Price:
$2,550,000
List Date:
12/07/2022
Last Modified:
9/08/2023
Description
PENDING. TAKING BACK UP OFFERS. Located in highly desired Villas of Frangista Beach HOA, this rental powerhouse will be amazing! Projected to bring $280,000-$340,000 in gross rental income. Surrounded by natural preserve on the back of the property it is estimated to be completed at the end of May 2023. This 9 bedroom, 9.5 bath home with a private pool and several lounging areas offers everything vacation renters are looking for.
Supplements: Carefully designed to maximize owner's rental income, it will sleep 26 people with 2 bedrooms to have bunk beds and 7 bedroom suites big enough for king size beds. Ship-lap finishes, quartz countertops in the kitchen and all bathrooms, island with quartz waterfall side walls, shaker white cabinets, stainless steel energy efficient appliances, LVP flooring are some of the key features of the house. This home has a EV charger outside and includes a 6 seater electric golf cart. Can be provided furnished for an additional consideration.
More Information MLS# 899696
Status Change Info
Status: Sold
Under Contract Date: 2023-04-18
Sold Date: 2023-09-07
Sold Price: $2,550,000
Sold Price/SqFt: 642.32
Contract Info
List Date: 2022-05-27
Current Price: $2,550,000
List Price: $2,550,000
List Price/SqFt: 642.32
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 117
Street Name: Lakeland
Street Suffix: Drive
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 3rd ADDN
Parcel ID: 29-2S-21-42060-00A-039
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 39 BLK A FRANGISTA BEACH 3RD ADDITION PB 17-71 OR 2728-3343 OR 2728-3431 OR 3001-3374
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 3970
SqFt Source: Building Plan
Bedrooms: 9
Full Baths: 9
Half Baths: 1
Total Bathrooms: 10
# Stories: 3
Year Built: 2023
Garage: No
Carport: No
Pool: Yes
Pool Type: Private
Listing Info, Tax & Legal
Who Paid Title: Seller
Assessment Fees: No
Is Subject Leased: No
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: PENDING. TAKING BACK UP OFFERS. Located in highly desired Villas of Frangista Beach HOA, this rental powerhouse will be amazing! Projected to bring $280,000-$340,000 in gross rental income. Surrounded by natural preserve on the back of the property it is estimated to be completed at the end of May 2023. This 9 bedroom, 9.5 bath home with a private pool and several lounging areas offers everything vacation renters are looking for.
Office/Member Info
Single Agent Comp: 2.5
Single Agent Comp Type: %
Trans Broker Comp: 2.5
Trans Broker Comp Type: %
Non-Rep Comp Type: %
Property Features
Construction Status: To Be Built
Utilities: Electric; Public Sewer; Public Water
Energy: AC - Central Elect
Master Bedroom: Second
Bedroom: First; Second; Third
Kitchen: First
Living Room: First
Full Bathroom: First; Second
Rooms: Bedroom; Dining Area; Full Bathroom; Kitchen; Living Room; Master Bedroom
Room Information
Master Bedroom
Level: Second
Dimensions: 16 x 16
Length: 16.00
Width: 16.00
Dimensions: 16 x 16
Living Room
Level: First
Dimensions: 15 x 15
Length: 15.00
Width: 15.00
Dimensions: 15 x 15
Kitchen
Level: First
Dimensions: 16 x 15
Length: 16.00
Width: 15.00
Dimensions: 16 x 15
Full Bathroom
Level: Second
Dimensions: 10 x 8
Length: 10.00
Width: 8.00
Dimensions: 10 x 8
Bedroom
Level: Second
Dimensions: 15 x 16
Length: 15.00
Width: 16.00
Dimensions: 15 x 16
Bedroom
Level: Third
Dimensions: 16 x 16
Length: 16.00
Width: 16.00
Dimensions: 16 x 16
Bedroom
Level: Second
Dimensions: 15 x 14
Length: 15.00
Width: 14.00
Dimensions: 15 x 14
Bedroom
Level: Third
Dimensions: 13 x 13
Length: 13.00
Width: 13.00
Dimensions: 13 x 13
Dining Area
Level: First
Dimensions: 10 x 12
Length: 10.00
Width: 12.00
Dimensions: 10 x 12
Full Bathroom
Level: First
Dimensions: 10 x 12
Length: 10.00
Width: 12.00
Dimensions: 10 x 12
Bedroom
Level: First
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Dimensions: 12 x 12
Listing Office: Century 21 ListSmart
Last Updated: September - 08 - 2023
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.
