56 Ruth St, MIRAMAR BEACH

$1,795,000

7 Beds
6 Baths
3,079 Sqft
.11 Acres
0 Garages

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.The layout offers flexibility for accommodating large groups, and the proximity to the beach ensures a desirable vacation experience for renters. Don't miss out on this chance to own a successful vacation rental property with private beach access. Schedule a showing today and take the first step towards a profitable real estate investment!(

Essential Information
MLS® #953903
Price$1,795,000
Bedrooms7
Bathrooms6.00
Full Baths6
Square Footage3,079
Acres0.11
Year Built2021
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Last Taxes0.00
Community Information
Address56 Ruth St
AreaMiramar/Sandestin Resort
SubdivisionFRANGISTA BEACH 2ND ADDN
CityMIRAMAR BEACH
CountyWALTON
StateFL
Zip Code32550
Amenities
Has PoolYes
Amenities

Beach, Deed Access, Gated Community, Pool, Short Term Rental - Allowed

Utilities

Electric Available, Gas - Natural, Public Sewer Available, Public Water Available

Pool

Pool - Heated, Pool - In-Ground, Community, Private

Interior
CoolingA/C: Two Or More, Ceiling Fans
# of Stories3
Interior Features

Kitchen Island, Owner's Closet, Washer/Dryer Hookup

Appliances

Dryer, Freezer, Smoke Detector, Stove/Oven Electric, Washer

Exterior
Lot DescriptionWithin 1/2 Mile Of Water
RoofRoof Metal
FoundationFoundation Slab On Grade
Exterior

Roof Metal, Siding CmntFbrHrdBrd, Foundation Slab On Grade

Exterior Features

Balcony, Fenced Privacy, Pool - Heated, Pool - In-Ground, Sprinkler System

School Information
ElementaryVAN R. BUTLER
MiddleEMERALD COAST
HighSOUTH WALTON
Additional Information
Days on Website21
ZoningResidential Single Family
HOA Fees425.00
HOA Fees Freq.Quarterly
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Courtesy Of Compass. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on July 24th, 2024 at 2:15pm CDT.

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