Sold
120 Payne Street
Miramar Beach FL, 32550
$3,600,000
$614.75 per sqft
Sold
9 Beds
10 Baths
5,856 sqft
Residential
Built in 2023
NEW FULLY FURNISHED AND TURN KEY RENTAL WITH 423K in bookings! A professionally designed turnkey rental opportunity unlike any other on the coast! Every detail has been thought of for the savvy investor to just take over. Seller will manage for 1 yr at 5%. Perched just blocks away, this home offers a front-row seat to one of nature's most breathtaking spectacles - the Gulf view. This 5800+ SQ FT luxury home is a testament to the art of coastal renting. Embrace the tranquil beauty of the Gulf and make this piece of coastal paradise your own. The backyard features a heated pool/spa, putting green, and gas grill. Step inside to find an entertainment room including games and pool table, work out room, and 8 ensuites, plus a bunk room. All furnishings and golf cart convey. Don't miss out! This custom-built home showcases the finest craftsmanship and attention to detail, with soaring ceilings, exquisite finishes, and an open-concept design that allows natural light to flood every corner. The gourmet kitchen is a chef's delight, boasting high-end appliances, quartz countertops, and a center island that beckons for gatherings. A private backyard oasis features a heated pool, a spa, and lush landscaping, creating a serene retreat for relaxation and entertainment for guests.
933125
MLSⓇ ID
September 25, 2023
Listed
February 19, 2025
Updated
Interior Features
Total Stories
3
Bedrooms
9
Total Bathrooms
10
Full Bathrooms
9
Half Bathrooms
1
Interior Features
Ceiling Raised, Elevator, Fireplace, Furnished - All, Hallway Bunk Beds, Kitchen Island, Owners Closet, Shelving, Washer/Dryer Hookup
Appliances
Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Range Hood, Refrigerator, Stove/Oven Gas, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.23 Acres
Exterior Features
Balcony, BBQ Pit/Grill, Deck Open, Pool - In-Ground, Porch, Porch Open
Lot Features
Within 1/2 Mile to Water
Architectural Style
Contemporary
Window
Double Pane Windows
School Information
High School
Destin
Elementary School
Destin
Other Property Details
Area Name
15 - Miramar/Sandestin Resort
Taxes
$2,424
Tax Frequency
Annually
Days on Market
126
Garage
Yes
Garage Spaces
1
Parking
Garage, Boat, Oversized
View
Yes
View Description
Gulf
County
Walton
Pool
Yes
Pool Features
Pool Type
Utilities
Electric, Public Sewer, Public Water
Zoning
Resid Single Family
Listing History
Date | Event | Price |
---|---|---|
3/15/2024 | Sold | $3,600,000 |
1/30/2024 | Pending | — |
11/23/2023 | Price change | $3,725,000 -1% |
Courtesy of Five Star Properties RE FL Inc, Alysha S Neidert,
Listing Contact: 850-687-1913
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Data last updated 11:03 PM UTC, 2/19/2025