Primely positioned just two blocks from the sugar-white sands of the Emerald Coast's best beaches and boasting over $111,000 in gross annual rental income year-to-date, 275 Payne Street is the quintessential vacation home. This six bedroom home has an oversized 74x114 lot that provides the creative investor ample opportunity to expand the outdoor living and entertainment space that the home already provides. The exterior features a large driveway with six parking spaces, and a large pool surrounded by a spacious backyard with room to add features such as a summer kitchen, putting greens, and more. On the interior, the first floor boasts an open floor plan complimented by high ceilings and tons of natural light. In addition, the home has a recently renovated kitchen complete with granite countertops, stylish new backsplash, shiplap accents around the bar area, new dining room furniture, and stainless steel appliances. Other recent updates to the home include interior & exterior paint throughout, new light fixtures and new carpet in the bedrooms. The downstairs also has two bedrooms and a laundry room giving the home a very functional and friendly layout. The second floor boasts four additional bedrooms including a large master suite complete with a private balcony and sitting area, large ensuite bath with dual vanities, and a walk-in shower. 275 Payne Street is centrally located near world-class shopping, dining, and entertainment such as the Destin Commons, Sandestin Outlets, and Grand Boulevard. This home also has no HOA fees and is only a short walk from prime public beach accesses.
Listing courtesy of Scenic Sotheby's International Realty.