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$2,550,000
117 Lakeland Drive
Miramar Beach, FL 32550
MLS# 899696
Status: Sold
9 beds  |  10 baths  |  3970 sqft


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Property Description
PENDING. TAKING BACK UP OFFERS. Located in highly desired Villas of Frangista Beach HOA, this rental powerhouse will be amazing! Projected to bring $280,000-$340,000 in gross rental income. Surrounded by natural preserve on the back of the property it is estimated to be completed at the end of May 2023. This 9 bedroom, 9.5 bath home with a private pool and several lounging areas offers everything vacation renters are looking for.

Details
Status Change Info
Sold Price/SqFt: 642.32
Status: Sold
Under Contract Date: 2023-04-18
Sold Date: 2023-09-07
Sold Price: $2,550,000
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 642.32
List Date: 2022-05-27
Current Price: $2,550,000
List Price: $2,550,000
Location, Tax and Legal
Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 39 BLK A FRANGISTA BEACH 3RD ADDITION PB 17-71 OR 2728-3343 OR 2728-3431 OR 3001-3374
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
SqFt Source: Building Plan
Garage: No
Carport: No
Pool: Yes
Pool Type: Private
Apx SqFt(Htd/Cooled): 3970
Bedrooms: 9
Full Baths: 9
Half Baths: 1
Total Bathrooms: 10
# Stories: 3
Year Built: 2023
Listing Info, Tax & Legal
Who Paid Title: Seller
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: PENDING. TAKING BACK UP OFFERS. Located in highly desired Villas of Frangista Beach HOA, this rental powerhouse will be amazing! Projected to bring $280,000-$340,000 in gross rental income. Surrounded by natural preserve on the back of the property it is estimated to be completed at the end of May 2023. This 9 bedroom, 9.5 bath home with a private pool and several lounging areas offers everything vacation renters are looking for.
Construction Status
To Be Built: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
Zoning
City: 1
Energy
AC - Central Elect: 1
Master Bedroom
Second: 1
Bedroom
First: 1
Second: 1
Third: 1
Kitchen
First: 1
Living Room
First: 1
Full Bathroom
First: 1
Second: 1
Rooms
Bedroom: 1
Dining Area: 1
Full Bathroom: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Location Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 117
Street Name: Lakeland
Street Suffix: Drive
State: FL
Zip Code: 32550
County: Walton
Project Name/Subdivision: FRANGISTA BEACH 3rd ADDN
Parcel ID: 29-2S-21-42060-00A-039
Property Features
Construction Status: To Be Built
Utilities: Electric; Public Sewer; Public Water
Energy: AC - Central Elect
Master Bedroom: Second
Bedroom: First; Second; Third
Kitchen: First
Living Room: First
Full Bathroom: First; Second
Rooms: Bedroom; Dining Area; Full Bathroom; Kitchen; Living Room; Master Bedroom
Supplements
Carefully designed to maximize owner's rental income, it will sleep 26 people with 2 bedrooms to have bunk beds and 7 bedroom suites big enough for king size beds. Ship-lap finishes, quartz countertops in the kitchen and all bathrooms, island with quartz waterfall side walls, shaker white cabinets, stainless steel energy efficient appliances, LVP flooring are some of the key features of the house. This home has a EV charger outside and includes a 6 seater electric golf cart. Can be provided furnished for an additional consideration.
Room Information
Room Name Level Dimensions Length Width Dimensions
Master BedroomSecond16 x 1616.0016.0016 x 16
Living RoomFirst15 x 1515.0015.0015 x 15
KitchenFirst16 x 1516.0015.0016 x 15
Full BathroomSecond10 x 810.008.0010 x 8
BedroomSecond15 x 1615.0016.0015 x 16
BedroomThird16 x 1616.0016.0016 x 16
BedroomSecond15 x 1415.0014.0015 x 14
BedroomThird13 x 1313.0013.0013 x 13
Dining AreaFirst10 x 1210.0012.0010 x 12
Full BathroomFirst10 x 1210.0012.0010 x 12
BedroomFirst12 x 1212.0012.0012 x 12

Listing Office: Century 21 ListSmart

Last Updated: October - 26 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.


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