Description
Welcome to your next investment opportunity in The Villas of Frangista located in Miramar Beach, FL! This spacious 7-bedroom, 6-bathroom home at 56 Ruth Street offers a prime location with private deeded beach access, making it an ideal vacation rental property. Step inside this 3079 square foot home and discover a well-appointed interior that's perfect for hosting guests. With ample space for indoor/outdoor entertainment and relaxation. The property's vacation rental actuals for 2023 reached an impressive $168,000, and the projection for 2024 is $175,000, showcasing its potential for a lucrative return on investment. Whether you're looking to expand your real estate portfolio or seeking a smart income-generating opportunity, this home is a must-see.The layout offers flexibility for accommodating large groups, and the proximity to the beach ensures a desirable vacation experience for renters. Don't miss out on this chance to own a successful vacation rental property with private beach access. Schedule a showing today and take the first step towards a profitable real estate investment!(
Legal Description
LOT 6 BLK E FRANGISTA BEACH 2ND ADDITION PB 3-41 OR 1754-243 OR 2619-2550 OR 2619-4022 OR 3062-466 OR 3096-3390 OR 3132-2043 OR 3143-4918 OR 3231-1058
Features of 56 Ruth St
MLS® # | 953903 |
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Price | $1,795,000 |
Bedrooms | 7 |
Bathrooms | 6.00 |
Full Baths | 6 |
Square Footage | 3,079 |
Acres | 0.11 |
Year Built | 2021 |
Type | Detached Single Family |
Sub-Type | Detached Single Family |
Style | Beach House |
Status | Active |
Community Information
Address | 56 Ruth St |
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Area | Miramar/Sandestin Resort |
Subdivision | FRANGISTA BEACH 2ND ADDN |
City | MIRAMAR BEACH |
County | WALTON |
State | FL |
Zip Code | 32550 |
Amenities
Amenities | Beach, Deed Access, Gated Community, Pool, Short Term Rental - Allowed |
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Utilities | Electric Available, Public Sewer Available, Public Water Available, Gas - Natural |
Is Waterfront | No |
Has Pool | Yes |
Pool | Pool - Heated, Private, Pool - In-Ground, Community |
Interior
Interior Features | Kitchen Island, Owner's Closet, Washer/Dryer Hookup |
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Appliances | Dryer, Freezer, Stove/Oven Electric, Washer, Smoke Detector |
Cooling | A/C: Two Or More, Ceiling Fans |
Fireplace | No |
# of Stories | 3 |
Has Basement | No |
Exterior
Exterior | Roof Metal, Siding CmntFbrHrdBrd, Foundation Slab On Grade |
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Exterior Features | Balcony, Pool - Heated, Sprinkler System, Fenced Privacy, Pool - In-Ground |
Lot Description | Within 1/2 Mile Of Water |
Roof | Roof Metal |
Foundation | Foundation Slab On Grade |
School Information
Elementary | VAN R. BUTLER |
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Middle | EMERALD COAST |
High | SOUTH WALTON |
Additional Information
Zoning | Residential Single Family |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 425.00 |
HOA Fees Freq. | Quarterly |
Listing Details
Office | Compass |
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