Skip To Content

    29 Los Angeles Street

    Miramar Beach, FL 32550
    • $2,400,000
    • STATUS: Active
    • ON SITE: 7 days
    • MLS #: 868245
    UPDATED: 19 min ago
    $2,400,000
    • 9
      BEDS
    • 0.17
      ACRES
    • 10
      BATHS
    • 0
      1/2 BATHS
    • 4,949
      SQFT
    • $485
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2016
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    CALLING ALL INVESTORS: ''Born to Sun'' is a 9 bedroom/10 bathroom Coastal Retreat with over $247,000 in rental income already on the books for 2021. 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 200 yards from the deeded beach access for the community. The owner is providing a gross rental income guarantee of $260,000 per year for the next two years through Beach Reunion management company.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 private heated pool.There is a stand alone steam bath next to the pool and summer kitchen. A six seat golf cart is included with the sale and stays with the house in the garage. This golf cart will provide extra income to the savvy investor. The Watermark pool is one of the largest in Frangista and has a ten person hot tub and a swim up table. The LED pool lights and pergola Edison lights illuminate the backyard beautifully during the evening hours. The summer kitchen features a commercial ice maker, under mount refrigerator, and freestanding gas grills. The outdoor space is completed with a quartz countertop, wet bar sink, Yeti cooler, 60 inch TV, and a floor to ceiling wave tile. "Born to Sun" has undergone recent upgrades with painting and furniture leading into the 2021 rental season. In addition, the house is part of a property exchange club that can be continued or cancelled which has provided the current owner with stays at similar properties in the Virgin Islands, Cabo San Lucas, and Park City Utah. "Born to Sun" is a rock solid proven investment property that has an established track record. This house has many repeat guests who return year after year along with 19- "5 star" reviews. Call today to arrange a showing!

    Monthly Payment Calculator



    © 2021 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: 2021-04-10T16:59:54.77.
    www.somerscompany.com/homes/115704202
    Print Image

    29 Los Angeles Street Miramar Beach, FL 32550

    • Price: $2,400,000
    • Status: Active
    • Updated: 19 min ago
    • MLS #: 868245
    9
    Beds
    10
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,949
    SQFT
    $485
    $/SQFT
    2016
    Built
    Neighborhood:
    Frangista Beach 1St Addn
    County:
    Walton
    Area:
    Miramar/Sandestin Resort
    Elementary School:
    Destin
    Middle School:
    Destin
    High School:
    Fort Walton Beach
    Property Description
    CALLING ALL INVESTORS: ''Born to Sun'' is a 9 bedroom/10 bathroom Coastal Retreat with over $247,000 in rental income already on the books for 2021. 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 200 yards from the deeded beach access for the community. The owner is providing a gross rental income guarantee of $260,000 per year for the next two years through Beach Reunion management company.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 private heated pool.There is a stand alone steam bath next to the pool and summer kitchen. A six seat golf cart is included with the sale and stays with the house in the garage. This golf cart will provide extra income to the savvy investor. The Watermark pool is one of the largest in Frangista and has a ten person hot tub and a swim up table. The LED pool lights and pergola Edison lights illuminate the backyard beautifully during the evening hours. The summer kitchen features a commercial ice maker, under mount refrigerator, and freestanding gas grills. The outdoor space is completed with a quartz countertop, wet bar sink, Yeti cooler, 60 inch TV, and a floor to ceiling wave tile. "Born to Sun" has undergone recent upgrades with painting and furniture leading into the 2021 rental season. In addition, the house is part of a property exchange club that can be continued or cancelled which has provided the current owner with stays at similar properties in the Virgin Islands, Cabo San Lucas, and Park City Utah. "Born to Sun" is a rock solid proven investment property that has an established track record. This house has many repeat guests who return year after year along with 19- "5 star" reviews. Call today to arrange a showing!
    Exterior Features

    Construction Siding FrameOther N/ARoof MetalSiding CmntfbrhrdbrdSlabStucco Design Beach House Exterior Features BalconyBbq Pit/GrillDeck OpenHot TubPatio CoveredPool - Gunite ConcrtPool - HeatedPool - In-GroundSprinkler System Garage Spaces 1.00 Lot Dimensions 65X100 Lot Features SidewalkWithin 1/2 Mile To Water Lot Parcel Access Paved Road Parking Features Garage Attached Pool Yes Pool Type Private

    Interior Features

    Appliances DishwasherDryerIce MachineMicrowaveOven Self CleaningRange HoodRefrigeratorSmoke DetectorStove/Oven GasWasher Bedroom Additional FirstSecondThird Bedroom Master Third Energy Ac - 2 Or MoreAc - Central ElectCeiling FansWater Heater - Elect Interior Features Ceiling RaisedElevatorFloor TileFurnished - AllHandicap ProvisionsKitchen IslandLighting RecessedOwner's ClosetWasher/Dryer HookupWet Bar Kitchen First Rooms BalconyBedroomBunk RoomDining AreaGarageGreat RoomKitchenMaster BedroomMedia RoomRecreation Room Sq Ft Source County Pa Records Total Baths 10.00

    Property Features

    As Is No Assessment Amount 693.00 Assessment Fees Yes Assessment Paid Quarterly Brokerage Interest No Interest Financing Conventional Homestead No Immediate Occupancy No Last Tax Year 2020 Last Taxes 11662.75 Listing Board Emerald Coast New Buyer Fee No Project Facilities Beach Utilities ElectricGas - NaturalPublic SewerPublic WaterTv Cable Zoning Resid Single Family

    Listing courtesy of Gulf Realty 30A Llc.


    © 2021 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: 2021-04-10T16:59:54.77.
     
    https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_1_868245-2.jpg https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_1_868245-2.jpg https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_1_868245-2.jpg
    Logo
    Somers & Company
    151 East County Highway 30A
    Santa Rosa Beach FL, 32459