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20 Sandy Beach Rd, Miramar Beach, FL 32550

$4,650,000
9
BD
8
BA
4,090
SqFt

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List Price
$4,650,000
Days on Market
123
MLS#
974332
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
9
Bathrooms
8
Full Bathrooms
7
Half Bathrooms
1
Living Area
4,090
Lot Size
24,393
Neighborhood
Miramar Beach S. of 98 w/exception of Sandestin Resort

Property Description

Seaspray: Gulf-Front Investment Opportunity Welcome to Seaspray, a spacious nine-bedroom beachfront estate located on over half an acre in beautiful Miramar Beach. This property is ideal for large family reunions or as a lucrative investment opportunity, with an impressive rental income potential of $300K annually. With a private pool and breathtaking Gulf views, Seaspray captures the essence of coastal living. Main House: The six-bedroom, five-and-a-half-bathroom main residence offers a relaxed, functional layout for entertaining and vacationing: The first floor includes four bedroom suites, each with private bathrooms. These rooms range in style and feature two King Master Suites with views of the pool and Gulf, along with another King Suite and a children's bunk room with queen bunks and a queen trundle. Upstairs, the open living area provides expansive Gulf views through large windows. This space includes a vaulted ceiling, comfortable seating, a dining area for eight, and a practical kitchen with two refrigerators and two dishwashersperfect for preparing meals for a crowd. Additional sleeping spaces on this floor include another King Master Suite and a guest room with queen bunks. Guest Cottage: The charming guest house includes three bedrooms and two bathrooms: On the first floor, you'll find a King Master Suite with access to a full hall bathroom and an open living area connected to the kitchen and dining space. Upstairs, two Queen Guest Bedrooms share a full bathroom, offering privacy and comfort for additional guests. Upgrades & Features: The property includes several recent updates for added convenience: Trex decking and a pool deck remodel (2021) New roofs (Main House: 2016, Cottage: 2023) Tile flooring in the Cottage (2022) Updated kitchens (2020), including built-in media-ready queen bunks installed in 2019 Additional Highlights: Located on a private drive (Sandy Beach Road), with verified legal documentation ensuring privacy and towing for unauthorized parking. Ownership extends to the mean high water mark, with supporting documentation available, offering significant Gulf-front property rights. Seasonal beach service with three complimentary setups provides easy access to the stunning shoreline. Endless Potential: Seaspray offers an exceptional opportunity as both a vacation retreat and an income-generating property. Its prime location, ample space, and desirable features make it an investment worth considering for those seeking to enjoy or profit from the Gulf Coast lifestyle.

Additional Information

Acres
0.56
Appliances
Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Water Heater
Style
Beach House
Elementary School
Van R Butler
Exterior Features
Outdoor Shower
High School
South Walton
Interior Features
Crown Molding, Vaulted/Cathedral Ceilings, Kitchen Island, Recessed Lighting, Newly Painted, Pantry
Legal Description
COM NW/C SEC 34 S88 DEG 45' 00'' E 390 FT S 01 DEG 32' 24'' W 1282.99 FT S88 DEG 34' 00'' E 50 FT TO POB CONT S88 DEG 34' 00'' E 50 FT S 01 DEG 32' 24'' W 485 FT TO MHW LINE OF GULF 50 FT N01 DEG 32' 24'' E 485 FT TO POB OR 1193-14 OR 1193-16 OR 2344-342 OR 2878-4387
Lot Features
Dead End Street, Easement, Flood Insurance
Middle School
Emerald Coast
Neighborhood
Miramar Beach S. of 98 w/exception of Sandestin Resort
Stories
2
Subdivision
Metes & Bounds
Waterfront Features
Gulf
View
Gulf
Year Built
1996
Zoning
Resid Single Family

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Calculator source: Real Geeks

Listing courtesy of Ocean Reef Realty Inc.

Vendor Member Number : 28166