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$3,595,000
$3,695,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
9 Baths
4,224 SqFt
SOLD DATE : 09/27/2022
Key Details
Sold Price $3,595,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 4,224 sqft
Price per Sqft $851
Subdivision Snow Drift Beach
MLS Listing ID 894004
Sold Date 09/27/22
Bedrooms 8
Full Baths 8
Half Baths 1
Construction Status Construction Complete
HOA Y/N No
Year Built 2001
Annual Tax Amount $12,469
Tax Year 2021
Lot Size 0.310 Acres
Acres 0.31
Property Description
Price reduced! Bring your offer before interest rates increase. With 10 parking spots, this house will not be impacted by Walton County's proposed occupancy restrictions based on parking.Amazing investment rental opportunity with many unique advantages which attract new bookings with premium pricing & creates a high rebook rate. One of the only homes on the market with a positive cash flow at the current list price. Over 334K on the books for 2022 (428K gross) despite no rentals for the first 10 weeks due to new pool install. More weeks to book. Projections of 426K for 2023 (528K Gross) with over 90K already on the books, of which 50% are repeat guests. Guests love the oversized heated pool and Jacuzzi installed in 2022.
Location
State FL
County Walton
Area 15 - Miramar/Sandestin Resort
Zoning Resid Single Family
Rooms
Guest Accommodations Beach,Deed Access,Gated Community
Kitchen First, Second
Interior
Interior Features Breakfast Bar, Ceiling Cathedral, Ceiling Crwn Molding, Ceiling Raised, Ceiling Vaulted, Floor Tile, Furnished - All, Guest Quarters, Kitchen Island, Lighting Recessed, Newly Painted, Pantry, Shelving, Washer/Dryer Hookup, Window Treatment All
Appliance Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Exterior
Exterior Feature Balcony, Deck Covered, Deck Open, Fenced Back Yard, Guest Quarters, Hot Tub, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground
Parking Features Oversized
Pool Private
Community Features Beach, Deed Access, Gated Community
Utilities Available Electric, Phone, Public Sewer, Public Water, TV Cable
Private Pool Yes
Building
Lot Description Sidewalk, Within 1/2 Mile to Water
Story 2.0
Structure Type Frame,Roof Metal,Slab
Construction Status Construction Complete
Schools
Elementary Schools Van R Butler
Others
Energy Description AC - 2 or More,AC - Central Elect,Ceiling Fans,Double Pane Windows,Heat - Two or More,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional
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Bought with The Premier Property Group
