128 Sarasota Street, Miramar Beach, FL 32550

$2,450,000 Asking Price

9 beds
8 baths
4,140  sqft
Built in 2006

Primely positioned on a corner lot in Frangista Beach, ''Frangista Pompano'' is a high-performing rental property designed for large groups or multiple families. 2024 YTD July grossed $127k! With no HOA and just 2 blocks to deeded beach access, this home is a prime investment opportunity for any beach lover. 8 Bedrooms with a 6 Bed Bunk room! Upgrades include 8 new king beds, new sofas, dining sets, barstools, light fixtures, artwork, and pool deck furniture. This floor plan accommodates up to 27 guests, featuring ample parking along the western edge. A privacy wall surrounds the pool deck, which includes a 10x28 private pool, covered grilling area, and poolside bar. Each of the first three levels features deep covered verandahs for enjoying gulf breezes. A living area with kitchenette off the pool deck, 3 bedrooms & ensuites, and a bunk room with 4 queen/2 twin beds are all located on the main level. The 2nd floor hosts 2 more bedrooms/ensuites, a living room, dining room set for 20, and a full kitchen with a breakfast bar for 6 more guests. Dual laundry rooms are on the first and third floors for added convenience. The 3rd floor hosts the primary suite with a private balcony and 2 additional bedrooms/ensuites. The top floor has a lounge area with foosball table and a sunset deck to capture the gorgeous views. Don't miss out on this exceptional opportunity!


Features & Amenities

Interior

General:
Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Laminate, Floor Tile, Furnished - All, Hallway Bunk Beds, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Shelving, Washer/Dryer Hookup, Wet Bar, Window Treatment All
Appliances:
Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
A/C:
true, Ceiling Fan(s), Central Air
Heating:
true, Central

Exterior

General:
Balcony, BBQ Pit/Grill, Columns, Fenced Privacy, Pool - Heated, Pool - In-Ground, Porch, Shower
Style:
Beach House
Pool:
Pool Type

Construction

General:
Frame, Roof Tile/Slate, Slab, Stucco, 4

Location

Road/Access:
County Road
Golf:
Beach, Deed Access
Originating MLS:
Emerald Coast Association of REALTORS®
County:
Walton

Lot

Zoning:
Resid Single Family, 32-2S-21-42040-00C-0140

Utilities

Utilities:
Electric, Gas - Natural, Public Sewer, Public Water, TV Cable

Financial

Source:
Emerald Coast Association of REALTORS®

This listing courtesy of:
Sandestin Real Estate, Gary Bowman

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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