1001 Scenic Gulf Drive , Unit F

    Miramar Beach, FL 32550
    • $879,100
    • STATUS: Active
    • ON SITE: 95 days
    • MLS #: 837334
    Price Reduced
    UPDATED: 66 min ago
    $879,100
    • 4
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    • 1,632
      SQFT
    • $539
      $/SQFT
    Neighborhood:
    Type:
    Villa/Townhouse
    Built:
    1983
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Act now on this LOWEST PRICED 4 BR GULF FRONT TOWNHOME w/ $108,680 ANNUAL PROJ RENTAL INCOME! Earn an est $38,572 NET income after expenses or 23% Return on cash w/financed purchase or an est $79,876 NET income or 9.7% ROI w/cash purchase. Although 2019 ACTUAL rental income was $83,000, this was WITHOUT 7 weeks of income in March & April & WITHOUT 4 weeks personal use in summer. Offering an open floor plan, this renovated beach Home delivers stunning Gulf views from almost every room. White shiplap walls & LVP floors provide a beachy feel. Perfectly furnished & configured to comfortably sleep 16, this home is set up to generate high rentals for a savvy investor, or offers the opportunity to offset some or all of the costs if purchased for a 2nd/Beach Home.Other features include beautiful kitchen w/granite counters & SS appliances, updated baths, NO HOA fees & corner location w/NO shared wall on right. in the heart of Miramar beach, this beach home is close to restaurants, shopping & golf. Act now as this Gulf front Home won't last long. .....Although 2018 ACTUAL rental income was $83,000, this was WITHOUT 7 weeks of rental income in March & April AND WITHOUT 4 weeks of personal use in June thru Aug. Consequently, if these weeks would have been rented, property would have generated OVER $101,000.

    Monthly Payment Calculator



    © 2020 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Somers & Company. Data last updated: 2020-04-01T17:59:22.47.
    www.somerscompany.com/homes/101901708

    1001 Scenic Gulf Drive , Unit F Miramar Beach, FL 32550

    • Price: $879,100
    • Status: Active
    • Updated: 66 min ago
    • MLS #: 837334
    4
    Beds
    3
    Baths
    1
    ½ Baths
    N/A
    Acres
    1,632
    SQFT
    $539
    $/SQFT
    1983
    Built
    Neighborhood:
    Summer Haven South T/H
    County:
    Walton
    Area:
    Miramar/Sandestin Resort
    Elementary School:
    Van R Butler
    Middle School:
    Emerald Coast
    High School:
    South Walton
    Property Description
    Act now on this LOWEST PRICED 4 BR GULF FRONT TOWNHOME w/ $108,680 ANNUAL PROJ RENTAL INCOME! Earn an est $38,572 NET income after expenses or 23% Return on cash w/financed purchase or an est $79,876 NET income or 9.7% ROI w/cash purchase. Although 2019 ACTUAL rental income was $83,000, this was WITHOUT 7 weeks of income in March & April & WITHOUT 4 weeks personal use in summer. Offering an open floor plan, this renovated beach Home delivers stunning Gulf views from almost every room. White shiplap walls & LVP floors provide a beachy feel. Perfectly furnished & configured to comfortably sleep 16, this home is set up to generate high rentals for a savvy investor, or offers the opportunity to offset some or all of the costs if purchased for a 2nd/Beach Home.Other features include beautiful kitchen w/granite counters & SS appliances, updated baths, NO HOA fees & corner location w/NO shared wall on right. in the heart of Miramar beach, this beach home is close to restaurants, shopping & golf. Act now as this Gulf front Home won't last long. .....Although 2018 ACTUAL rental income was $83,000, this was WITHOUT 7 weeks of rental income in March & April AND WITHOUT 4 weeks of personal use in June thru Aug. Consequently, if these weeks would have been rented, property would have generated OVER $101,000.
    Exterior Features

    Construction Siding Frame Design Beach House Exterior Features BalconyDeck OpenPatio CoveredPatio Open Lot Features Within 1/2 Mile To Water Lot Parcel Access Paved Road Parking Features Guest Pool No Pool Type None Water View Gulf Waterfront GulfUnit Waterfront Waterfront Feet 16

    Interior Features

    Appliances DishwasherDryerMicrowaveRefrigeratorSmoke DetectorStove/Oven ElectricWasher Bedroom Additional FirstSecond Bedroom Master Second Energy Ac - Central ElectHeat Cntrl ElectricWater Heater - Elect Interior Features Ceiling Crwn MoldingFloor LaminateFloor TileFurnished - AllLighting RecessedRenovatedWasher/Dryer HookupWindow Treatment AllWoodwork Painted Kitchen First Living Room First Master Bed And Bath Mbath Cultured MrbleMbath TileMbed Sitting AreaMbed Waterfront Rooms BedroomKitchenLiving RoomMaster Bedroom Sq Ft Source County Pa Records Total Baths 4.00

    Property Features

    As Is No Assessment Fees No Brokerage Interest No Interest Financing Conventional Immediate Occupancy No Listing Board Emerald Coast New Buyer Fee No Project Facilities BeachWaterfront Utilities ElectricPublic SewerPublic WaterTv Cable Zoning Resid Multi-Family

    Listing courtesy of Re/Max Coastal Properties.


    © 2020 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Somers & Company. Data last updated: 2020-04-01T17:59:22.47.
     
    Somers & Company
    151 East County Highway 30A
    Santa Rosa Beach FL, 32459