$1,600,000
$1,650,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
6 Baths
4,362 SqFt
SOLD DATE : 11/20/2020
Key Details
Sold Price $1,600,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 4,362 sqft
Price per Sqft $366
Subdivision Seacrest Beach
MLS Listing ID 854136
Sold Date 11/20/20
Bedrooms 5
Full Baths 5
Half Baths 1
Construction Status Construction Complete
HOA Fees $362/qua
HOA Y/N Yes
Year Built 2016
Annual Tax Amount $12,734
Tax Year 2019
Lot Size 4,791 Sqft
Acres 0.11
Property Description
A rare find in Seacrest Beach, 324 Beach Bike Way features an exemplary design with both a spacious main house plus a carriage house over a two-car garage and an additional covered parking space. Even with extended non-rental periods due to state-mandated quarantine, the main home and carriage house combined have generated over $120K gross revenue through the end of August, with over $95K in future bookings from long-term guests prior to the end of 2020, thus exceeding $200,000 for the calendar year 2020 despite an approximate 90 day moratorium on short-term rentals. 2021 calendar looks bright with the carriage house alone booked for the entire year at $42,500 by itself! Great Investment income opportunity with a lovely house in incredible condition.
Location
State FL
County Walton
Area 18 - 30A East
Zoning Resid Single Family
Rooms
Guest Accommodations BBQ Pit/Grill,Beach,Community Room,Deed Access,Handicap Provisions,Pavillion/Gazebo,Pets Allowed,Pool,TV Cable
Interior
Interior Features Built-In Bookcases, Ceiling Cathedral, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Fireplace, Fireplace Gas, Floor Laminate, Furnished - All, Guest Quarters, Washer/Dryer Hookup, Window Treatment All
Appliance Auto Garage Door Opn, Cooktop, Dishwasher, Dryer, Microwave, Oven Self Cleaning, Range Hood, Security System, Smoke Detector, Stove/Oven Gas
Exterior
Exterior Feature Balcony, Guest Quarters, Porch, Porch Open, Renovated, Shower
Parking Features Carport, Carport Attached, Covered, Garage, Garage Attached, See Remarks
Garage Spaces 2.0
Pool Community
Community Features BBQ Pit/Grill, Beach, Community Room, Deed Access, Handicap Provisions, Pavillion/Gazebo, Pets Allowed, Pool, TV Cable
Utilities Available Community Sewer, Community Water, Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
Private Pool Yes
Building
Lot Description Covenants, Restrictions, See Remarks, Within 1/2 Mile to Water
Story 3.0
Structure Type Roof Metal,Roof Pitched,Siding CmntFbrHrdBrd
Construction Status Construction Complete
Schools
Elementary Schools Dune Lakes
Others
HOA Fee Include Accounting,Ground Keeping,Internet Service,Legal,Management,Master Association,Recreational Faclty,Security,Services,Trash,Water
Assessment Amount $1,086
Energy Description AC - 2 or More,Heat - Two or More,Water Heater - Gas
Financing Conventional
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Bought with A List Beach Realty LLC
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