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46
Photos
56 Ruth Street, Miramar Beach, FL 32550
$1,795,000 Asking Price
$---/mo Est. Payment Get Prequalified »
7
beds
6
baths
3,079
sqft
Built in
2021
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!(
Features & Amenities
Interior
- General:
- Kitchen Island, Owner's Closet, Washer/Dryer Hookup
- Appliances:
- Dryer, Freezer, Smoke Detector, Stove/Oven Electric, Washer
- A/C:
- true, Ceiling Fan(s)
Exterior
- General:
- Balcony, Fenced Privacy, Pool - Heated, Pool - In-Ground, Sprinkler System
- Style:
- Beach House
- Pool:
- Pool Type
Construction
- General:
- Roof Metal, Siding CmntFbrHrdBrd, Slab, 3
Location
- Road/Access:
- Paved
- HOA Amenities:
- 425.0, Quarterly
- Golf:
- Beach, Deed Access, Gated Community, Pool
- Originating MLS:
- Emerald Coast Association of REALTORS®
- County:
- Walton
Lot
- Zoning:
- Resid Single Family, 32-2S-21-42050-00E-0060
Utilities
- Utilities:
- Electric, Gas - Natural, Public Sewer, Public Water
Financial
- Source:
- Emerald Coast Association of REALTORS®
This listing courtesy of:
Compass, Jessica H Foy
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Miramar Beach, FL
Housing
- Number of Units
- 12,123
- Median Home Value
- $444,951
- Median Rent
- $1,427
32.14% of housing units are renter occupied.
73.21% are vacant.
Commute
- Car
-
62.48%
- Public Transportation
-
0.23%
- Walk to Work
-
3.05%
- Work from Home
-
33.31%
- Other
-
0.27%
The median travel time to work is 15 minutes.
People
- Population
- 6,144
- Median Age
- 52.40
- Median Household Size
- 2.56
Education
- High School
-
13.31%
- Associate’s Degree
-
10.30%
- Bachelor’s Degree
-
32.22%
- Graduate Degree
-
23.36%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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