42 Miami Street, Miramar Beach, FL 32550

$4,495,000
9
BD
10
BA
7,424
SqFt
List Price
$4,495,000
MLS#
859656
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
9
Bathrooms
10
Living Area
7,424
Lot Size
7,840
Neighborhood
1502 - Southwest Walton South

Property Description

Completed in 2016, the ''Soggy Dollar'' is a sleek coastal contemporary masterpiece perfectly situated to capture panoramic gulf views from each of the four finished levels as well as the fifth story rooftop deck. This is the ultimate beach home; masterfully configured to provide unparalleled amenities and optimized for entertaining including a custom built boat bar outfitted with a wine cooler, ambient lighting, antique compass & flat screen television all resembling the nautical theme that is present throughout the home. The boat bar opens up to the 40,000 gallon watermark-built private resort style pool area complete with a swim up bar as well as an adjoining spa and covered outdoor summer kitchen & living area with gas fireplace and TV. Rental projections for this home are $400,000+ in gross annual rental income. Notable features include multiple indoor and outdoor living areas, private commercial grade elevator with access to every floor, dual master suites with gulf views and adjoining spa-like bathrooms with floor to ceiling calcutta marble, built-in pinterest style bunk beds, indoor and outdoor surround sound system as well as security cameras for optimal privacy. The first floor layout boasts dual bunk rooms, as well as two large bedrooms and adjoining baths as well as an industrial style game room complete with a custom boat bar & built in wet bar including a full size Sub-Zero fridge. The second floor is the focal point of indoor living space with a spacious living room featuring pecky cypress ceilings, floor to ceiling windows to soak in the beautiful gulf views, gas fireplace, built-in entertainment center and open to the massive dining area overlooking the pool. The kitchen features floor-to-ceiling custom cabinetry, paneled Sub-Zero appliances and Wolf professional series gas range, walk-in pantry and large center island with gorgeous shell infused custom countertops. The second floor also features a full bedroom with ensuite bathroom & half bath as well as access to the second story outdoor dining area overlooking the lagoon style pool. The third floor features 4 full bedrooms including dual master suites, laundry area as well as built in bunks for additional sleep ability. The fourth story is an unreal entertaining space outfitted as a game room featuring panoramic gulf views as well as a pinball machine, pool table, card table, flat screen TV, wet bar with GE Monogram stainless fridge, full bathroom & custom bunk room all open to the wrap around porch space. From the fourth floor, the spiral staircase allows access to the fifth story deck ideally outfitted with surround sound and furnished with lounge chairs and ample seating to allow panoramic views of the gulf of Mexico as well as the Choctawhatchee Bay. This home is in close proximity to gated community beach access as well as all of the world class shopping, dining and entertainment that Miramar Beach has to offer.

Additional Information

Acres
0.18
Appliances
Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Ice Machine, Jennaire Type, Microwave, Oven Double, Range Hood, Refrigerator, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Washer
Assmt Fee Term
Annually
Association
Emerald Coast
Construction Siding
Frame, Roof Metal, Siding CmntFbrHrdBrd, Slab, Stucco
Design
Beach House
Elementary School
Van R Butler
Energy
AC - 2 or More, AC - Central Elect, Ceiling Fans, Double Pane Windows, Heat Cntrl Electric, Water Heater - Gas
Exterior Features
Balcony, BBQ Pit/Grill, Columns, Deck Open, Fenced Back Yard, Fenced Lot-Part, Fenced Privacy, Fireplace, Hot Tub, Lawn Pump, Patio Covered, Patio Open, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Porch Open, Separate Living Area, Shower, Sprinkler System, Summer Kitchen
Fees
$1,000
Fees Include
Recreational Faclty
High School
South Walton
Interior Features
Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Ceiling Vaulted, Elevator, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owner's Closet, Plantation Shutters, Shelving, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar, Window Treatment All
Legal Description
LOT 14 BLK A FRANGISTA BEACH 1ST ADD PB 2-55 OR 1284-209 OR 1337-97 OR 1337-98
Lot Dimensions
50x165
Lot Features
Sidewalk, Survey Available, Within 1/2 Mile to Water
Middle School
Emerald Coast
Neighborhood
1502 - Southwest Walton South
Project Facilities
Beach, Pool
Stories
4
Subdivision
Frangista Beach
Utilities
Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
Waterview
Gulf
Year Built
2016
Zoning
Resid Single Family

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Scenic Sotheby's Intl Realty.