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56 Ruth Street Miramar Beach, FL 32550
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Key Details
Sold Price $1,733,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 3,079 sqft
Price per Sqft $562
Subdivision Frangista Beach 2Nd Addn
MLS Listing ID 953903
Sold Date 01/28/25
Bedrooms 7
Full Baths 6
Construction Status Construction Complete
HOA Fees $141/qua
HOA Y/N Yes
Year Built 2021
Lot Size 4,791 Sqft
Acres 0.11
Property 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.
Location
State FL
County Walton
Area 15 - Miramar/Sandestin Resort
Zoning Resid Single Family
Rooms
Guest Accommodations Beach,Deed Access,Gated Community,Pool,Short Term Rental - Allowed
Kitchen First
Interior
Interior Features Kitchen Island, Owner's Closet, Washer/Dryer Hookup
Appliance Dryer, Freezer, Smoke Detector, Stove/Oven Electric, Washer
Exterior
Exterior Feature Balcony, Fenced Privacy, Pool - Heated, Pool - In-Ground, Sprinkler System
Pool Private
Community Features Beach, Deed Access, Gated Community, Pool, Short Term Rental - Allowed
Utilities Available Electric, Gas - Natural, Public Sewer, Public Water
Private Pool Yes
Building
Lot Description Within 1/2 Mile to Water
Story 3.0
Structure Type Roof Metal,Siding CmntFbrHrdBrd,Slab
Construction Status Construction Complete
Schools
Elementary Schools Van R Butler
Others
Assessment Amount $425
Energy Description AC - 2 or More,Ceiling Fans,Water Heater - Tnkls
Financing Conventional
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Bought with Compass