62 Miami St, MIRAMAR BEACH

$1,599,000

5 Beds
5 Baths
3,348 Sqft
.18 Acres
2 Garages

A short term rental GIANT, 62 Miami St has dominated the Short Term Rental market and its numbers speak for themselves. Producing $194,909 in Gross rents for 2019 and already has $156,779 on the books POST COVID. Newly Remodeled in 2020 and already producing massive returns, even prior to remodeling, this home is expected to eclipse the $200,000 Gross mark this year regardless of COVID. This is a solid investment to add to any long term portfolio. The notable changes made to the property since last on market are as follows: Complete re-furnish of the entire property, all new interior paint, polished floors, pressure washed exterior and new stained T&G cedar soffit across all rear patios. Homes sold over $2mil are not producing numbers as high as this home especially after the pandemic.For a aerial video of the property please click or copy the link below:
https://youtu.be/bUJmQXRuFlY

Essential Information
MLS® #843236
Price$1,599,000
Bedrooms5
Bathrooms5.00
Full Baths4
Half Baths1
Square Footage3,348
Acres0.18
Year Built2004
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Community Information
Address62 Miami St
AreaSouth Walton West
SubdivisionFRANGISTA BEACH
CityMIRAMAR BEACH
CountyWALTON
StateFL
Zip Code32550
Amenities
Parking Spaces2
ParkingGarage: Attached
# of Garages2
Has PoolYes
Utilities

Electric Available, Gas - Natural, Public Sewer Available, Public Water Available

Pool

Pool - Heated, Pool - In-Ground, Private

Interior
HeatingHeat: Central Electric
# of Stories3
Cooling

A/C: Two Or More, A/C: Central Electric

Exterior
ExteriorSiding Stucco
Lot DescriptionWithin 1/2 Mile Of Water
Exterior Features

Balcony, BBQ Pit/Grill, Cabana, Columns, Fenced Back Yard, Hot Tub, Pool - Heated, Pool - In-Ground

School Information
ElementaryVAN R. BUTLER
MiddleEMERALD COAST
HighSOUTH WALTON
Additional Information
Days on Website75
ZoningResidential Single Family
HOA Fees0.00
Listing Details
OfficeKeller Williams Realty Destin
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is 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.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2020, All rights reserved.

Listing information last updated on June 4th, 2020 at 1:23am CDT.