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1925 Scenic Gulf Drive , #1925

Miramar Beach, FL 32550
  • $3,600,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 940148
UPDATED: 27 min ago
$3,600,000
  • 5
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,500
    SQFT
  • $1,440
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2004
County:

School Information

Elementary School:
Middle School:
High School:

Description

OWN THE BEACH. With only 2 units per building and perched directly on the sugar white sand of the beach in the popular Frangista community, this Delos condominium seems more like a gulf front home than a condominium. Private gulfside splash pool, elevator, solid concrete block construction, and 1500 feet of private, gated beach add to the single family home feel. Located on the coveted western side of the building, the first floor rises 21 feet above the mean high water line to offer unparalleled sunset views from each of 3 levels. Because the unit is a condo, the master insurance policy covers exterior maintenance and dwelling insurance and is paid through the monthly HOA dues, currently giving investors a significant savings on individual insurance costs over what it would be if the home was built as a single family dwelling. A new roof was just installed last quarter. This unit truly offers the best of both worlds in a luxury beach getaway and did 190k in rental revenue for the 2023 year despite heavy owner usage. Inside, the first floor features a bunk room with three bunk beds as well as a second king bedroom with ensuite bath, minibar and private Gulf-front deck with a heated pool. The living area is located on the second floor to maximize the stunning views, and is open to the dining and kitchen areas. French doors in the living room open to a gulf front balcony that not only provides a shady spot for al fresco dining, but shares an incredible view even from the kitchen. A bedroom with a queen-size bed and guest bathroom with shower is also located on the second floor. The master suite is on the third floor and opens with French doors to an expansive private covered balcony, allowing for stunning views of the coastline. The ensuite bath includes double vanities, a soaking tub and walk in shower. In addition to the master suite, there is also a queen bedroom with bathroom as well as a washer and dryer on the third floor.

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© 2024 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 RE/MAX by the Sea. Vendor Member number: 28178. Data last updated: 2024-02-20T21:04:31.973.
Vendor Member #28178.
www.coastalsandsproperties.com/homes/146671399
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1925 Scenic Gulf Drive , #1925 Miramar Beach, FL 32550

  • Price: $3,600,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 27 min ago
  • MLS #: 940148
5
Beds
4
Baths
0
½ Baths
N/A
Acres
2,500
SQFT
$1,440
$/SQFT
2004
Built
Neighborhood:
Frangista Beach
County:
Walton
Area:
Miramar/Sandestin Resort
Elementary School:
Van R Butler
Middle School:
Emerald Coast
High School:
South Walton
Property Description
OWN THE BEACH. With only 2 units per building and perched directly on the sugar white sand of the beach in the popular Frangista community, this Delos condominium seems more like a gulf front home than a condominium. Private gulfside splash pool, elevator, solid concrete block construction, and 1500 feet of private, gated beach add to the single family home feel. Located on the coveted western side of the building, the first floor rises 21 feet above the mean high water line to offer unparalleled sunset views from each of 3 levels. Because the unit is a condo, the master insurance policy covers exterior maintenance and dwelling insurance and is paid through the monthly HOA dues, currently giving investors a significant savings on individual insurance costs over what it would be if the home was built as a single family dwelling. A new roof was just installed last quarter. This unit truly offers the best of both worlds in a luxury beach getaway and did 190k in rental revenue for the 2023 year despite heavy owner usage. Inside, the first floor features a bunk room with three bunk beds as well as a second king bedroom with ensuite bath, minibar and private Gulf-front deck with a heated pool. The living area is located on the second floor to maximize the stunning views, and is open to the dining and kitchen areas. French doors in the living room open to a gulf front balcony that not only provides a shady spot for al fresco dining, but shares an incredible view even from the kitchen. A bedroom with a queen-size bed and guest bathroom with shower is also located on the second floor. The master suite is on the third floor and opens with French doors to an expansive private covered balcony, allowing for stunning views of the coastline. The ensuite bath includes double vanities, a soaking tub and walk in shower. In addition to the master suite, there is also a queen bedroom with bathroom as well as a washer and dryer on the third floor.
Exterior Features

Architectural Style N/A Carport YN No Construction Materials ConcreteFoundation On PilingRoof MetalStucco Exterior Features BalconyBBQ Pit/GrillColumnsDeck CoveredDeck OpenPool - HeatedPool - In-GroundShower Pool YN Yes Waterfront Features Gulf

Interior Features

Appliances DishwasherDisposalDryerFire Alarm/SprinklerMicrowaveOven Self CleaningRefrigerator W/IceMkSmoke DetectorSmooth Stovetop RngeStove/Oven ElectricWasher Cooling Ceiling Fan(s) Cooling YN Yes First Floor Bedroom Yes Heating Central Heating YN Yes Interior Features Breakfast BarBuilt-In BookcasesConverted GarageElevatorFloor HardwoodFloor MarbleFurnished - SomeLighting RecessedLock OutOwner's ClosetPlantation ShuttersPull Down StairsRenovatedWasher/Dryer HookupWet BarWindow Treatment All Rooms Total 7

Property Features

Association Fee Frequency Monthly Association Fee Includes AccountingGround KeepingInsuranceManagementMaster AssociationRepairs/Maintenance Association Fee2 1204.86 Association YN Yes Community Features BeachDeed AccessPets AllowedPool New Construction YN No Number Of Units In Community 2 Pool Type Private Property Condition Construction Complete Property Sub Type Condominium Tax Amount 14543.44 Tax Year 2023 Utilities ElectricGas - NaturalPublic SewerPublic WaterTV CableUnderground

Listing courtesy of Real Estate Empowered LLC: 850-865-3501.


© 2024 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 RE/MAX by the Sea. Vendor Member number: 28178. Data last updated: 2024-02-20T21:04:31.973.
Vendor Member #28178.
 
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