Description
Thirty steps to the beach! Built in 2019, this rental powerhouse has projected rentals exceeding $375,000 by the current manager allowing for an estimated 13% Cash Return. Chill and enjoy the panoramic beach views from the second and third floor balconies or walk to one of the many nearby commercial offerings--restaurants, bars, shopping and nightlife are all nearby! This home offers 8 bedrooms and 8.5 baths, six of which are master suites and two bunk rooms, sleeping a total of 28. Two separate living areas with kitchens and ice makers ensure everyone has plenty of room to spread out while on vacation. The home has Rinnai instant hot water return for piping showers and multiple ice makers for frosty summer beverages. Custom quartz countertops provide a fresh modern look throughout thekitchen and baths. A game room features a large smart tv, billiards table, fooseball table and kitchenette with full sized refrigerator. The expansive palm tree lined lot includes a 30x15 saltwater heated pool- one of the largest in Miramar Beach-with cascading waterfall hot tub and fiber optic lighting. Parking for eight cars is a rarity this close to the beach and is a definite perk for your guests. Renters love the backyard oasis amenities such as the tanning deck, propane grill and outdoor dining areas...all of which can double as a beautiful wedding backdrop for destination weddings. Whether you are looking for an investment property or a place to make memories with your extended family this home fits the bill!
Legal Description
LONG DESC AS REC IN V 2 P 329 BEING LOT 14 SANDPIPER BEACH COLONY UNREC DESC AS: LOT 14 COM AT NE/C OF SEC 33-2S-21W, N 88 DEG 00'W ALG N LN OF SEC 850 FT,S 02 DEG OO'W 890 FT,N 88 DEG 00'W 218FT,S 02 DEG 00' W 15 FT TO POB,S 88 DEG 00'E 69FT TO P.C. TO THE RIGHT OF A CURVE RADIUS 40 FT ALG CURVE ARC DIST 62.83 FT TO P.T. OF CURVE,S 02 DEG 00'W 55 FT,N 88 DEG 00'W 109 FT,N 02 DEG 00'E 98 FT TO POB
Features of 148 Norwood Dr
| MLS® # | 899094 |
|---|---|
| Price | $3,595,000 |
| Bedrooms | 8 |
| Bathrooms | 9.00 |
| Full Baths | 8 |
| Half Baths | 1 |
| Square Footage | 4,455 |
| Acres | 0.12 |
| Year Built | 2019 |
| Type | Detached Single Family |
| Sub-Type | Detached Single Family |
| Style | Beach House |
| Status | Active |
Community Information
| Address | 148 Norwood Dr |
|---|---|
| Area | Miramar/Sandestin Resort |
| Subdivision | N/A |
| City | MIRAMAR BEACH |
| County | WALTON |
| State | FL |
| Zip Code | 32550 |
Amenities
| Amenities | Beach |
|---|---|
| Utilities | Electric Available, Gas - Natural, Public Sewer Available, Public Water Available, TV Cable Available |
| Is Waterfront | No |
| Water View | GULF |
| Has Pool | Yes |
| Pool | Pool - Heated, Pool - In-Ground, Private |
Interior
| Interior Features | Breakfast Bar, Built-In Bookcases, Ceiling Raised, Floor Tile, Floor Vinyl, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Pantry, Shelving, Washer/Dryer Hookup, Wet Bar, Window Treatment All |
|---|---|
| Appliances | Cooktop, Dishwasher, Disposal, Microwave, Oven:Self Cleaning, Refrigerator, Refrigerator W/Ice Maker, Smoke Detector, Washer |
| Cooling | A/C: Central Electric, A/C: High Efficiency, Ceiling Fans |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | No |
Exterior
| Exterior | Frame, Siding CmntFbrHrdBrd |
|---|---|
| Exterior Features | Balcony, BBQ Pit/Grill, Columns, Fenced Back Yard, Fenced Privacy, Hot Tub, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground, Porch Covered, Shower |
| Lot Description | Dead End, Within 1/2 Mile Of Water |
| Construction | Frame |
School Information
| Elementary | VAN R. BUTLER |
|---|---|
| Middle | EMERALD COAST |
| High | SOUTH WALTON |
Additional Information
| Zoning | Residential Single Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Office | Eastland Real Estate |
|---|
Price History for MLS #899094
| Date | Details | Change |
|---|---|---|
| Price Reduced from $3,800,000 to $3,595,000 |