1001 Scenic Gulf Dr Unit F, MIRAMAR BEACH

$879,100

4 Beds
4 Baths
1,632 Sqft
0 Acres
0 Garages

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.

Essential Information
MLS® #837334
Price$879,100
Bedrooms4
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage1,632
Acres0.00
Year Built1983
TypeResidential
Sub-TypeAttached Single Unit
StyleBeach House
StatusActive
Community Information
Address1001 Scenic Gulf Dr Unit F
AreaSouth Walton West
SubdivisionSUMMER HAVEN SOUTH T/H
CityMIRAMAR BEACH
CountyWALTON
StateFL
Zip Code32550
Amenities
AmenitiesBeach, Waterfront
ParkingGuest
Is WaterfrontYes
WaterfrontGULF, Unit Waterfront
Utilities

Electric Available, Public Sewer Available, Public Water Available, TV Cable Available

Interior
HeatingHeat: Central Electric
CoolingA/C: Central Electric
# of Stories3
Interior Features

Ceiling Crwn Molding, Floor Laminate, Floor Tile, Furnished - All, Lighting Recessed, Renovated, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted

Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer

Exterior
ExteriorFrame
Lot DescriptionWithin 1/2 Mile Of Water
ConstructionFrame
Exterior Features

Balcony, Deck Open, Patio Covered, Patio Open

School Information
ElementaryVAN R. BUTLER
MiddleEMERALD COAST
HighSOUTH WALTON
Additional Information
Days on Website159
ZoningResidential Multi-Family
HOA Fees0.00
Listing Details
OfficeRE/MAX Coastal Properties
Property History
Price Reduced from $879,200 to $879,100
Price Reduced from $879,300 to $879,200
Price Reduced from $879,400 to $879,300
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Listing information last updated on June 4th, 2020 at 1:23am CDT.