485 Wood Beach Dr, Santa Rosa Beach, FL 32459

$2,700,000
5
BD
3
BA
3,700
SqFt

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List Price
$2,700,000
Days on Market
132
MLS#
998230
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
5
Bathrooms
3
Full Bathrooms
3
Living Area
3,700
Lot Size
11,761
Neighborhood
S. of 98 W of Camp Creek

Property Description

Short term rental powerhouse featuring a designer-renovated coastal home with beach cottage vibe, screened heated pool with hot tub, private backyard, outdoor dining and grilling area, hand-cut shiplap ceilings, local artisan furnishings, and massive 22 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Less than a 3-minute golf cart ride to sugar sand beach ensures high occupancy. Includes a free six-seater golf cart, kayaks, and barbecue grill for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). The seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Seller will make all reasonable efforts to facilitate the transfer of future reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections in docs section

Additional Information

Acres
0.27
Appliances
Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
Style
Cottage
Elementary School
Van R Butler
Exterior Features
Pool, Outdoor Shower, Sprinkler System
High School
South Walton
Interior Features
Bookcases, Crown Molding, Vaulted/Cathedral Ceilings, In-Law Arrangement, Recessed Lighting, Pantry, Split Bedroom, Wallpaper, Washer Hookup, Newly Painted
Legal Description
Lot 12 Blk C Sugarwood S/D Pb 10-32 Or 1405-200 Or 1424-279 Or 2214-250 Or 2477-1062 &-1759 Or 2568-131 Or 2937-1844 Or 3098-1007
Lot Features
Covenants, Cul-De-Sac
Middle School
Emerald Coast
Neighborhood
S. of 98 W of Camp Creek
Parking Features
Garage Door Opener, Garage
Community Features
Pool
Stories
2
Subdivision
Sugarwood
Year Built
2000
Zoning
Resid Single Family

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Century 21 Wimco Realty Inc.

Vendor Member Number : 28166