12 N Payne Street, Miramar Beach, FL 32550

$2,000,000 Asking Price

7 beds
8 baths
2,998  sqft
Built in 2024

Welcome to Blue Ohana, 12 N Payne. The first 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!

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, 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-21-42560-000-0010
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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