20 N Payne Street, Miramar Beach, FL 32550

$1,980,000 Asking Price

7 beds
8 baths
2,998  sqft
Built in 2024

Welcome to Blue Ohana, 20 N Payne. The second of 8 true luxury investment built homes. Elevating the essence of modern coastal chic, these residences are masterfully designed to optimize short-term rental returns while offering an unparalleled guest experience. Each expansive 2,998 square foot home features 7 elegantly appointed bedrooms, each with its own luxurious ensuite bathroom. The multiple common areas are perfect for entertaining, equipped with wet bars and chef-worthy kitchens featuring high-end GE Monogram appliances, including a gas range and tankless water heaters. Professionally curated interiors boast furnishings from Pottery Barn and Williams Sonoma, creating a sophisticated yet inviting ambiance. Outdoors, indulge in the ultimate relaxation with a spacious 20x10 private heated gunite pool that completes this luxurious haven, ensuring an exceptional experience for both investors and guests alike. Projections from $165-180k+ with management in place and ready to go! Will be complete before year end in time for those last minute tax benefits! Estimated furniture arrival to be first week of December. Schedule now!

Features & Amenities

Interior

General:
Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Floor Vinyl, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Walls Paneled, Wet Bar, Woodwork Painted
Appliances:
Dishwasher, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric, Washer
A/C:
true, Central Air
Heating:
true, Central

Exterior

General:
Balcony, Fenced Back Yard, Fenced Privacy, Patio Covered, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Sprinkler System
Style:
Beach House
Pool:
Pool Type

Construction

General:
Frame, Roof Metal, Siding CmntFbrHrdBrd, Shake Siding, Slab, 3

Location

Road/Access:
Private Road
HOA Amenities:
Ground Keeping, Management, 500.0, Annually
Originating MLS:
Emerald Coast Association of REALTORS®
County:
Walton

Lot

Zoning:
Resid Single Family, 30-2S-21-42990-000-0020
View:
Gulf

Utilities

Utilities:
Electric, Public Sewer, Public Water

Financial

Source:
Emerald Coast Association of REALTORS®

This listing courtesy of:
Diamond Gulf Realty, Brandon L Sexton

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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