$3,500,000
$3,845,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
12 Baths
11,913 SqFt
SOLD DATE : 11/25/2020
Key Details
Sold Price $3,500,000
Property Type Single Family Home
Sub Type Mediterranean
Listing Status Sold
Purchase Type For Sale
Square Footage 11,913 sqft
Price per Sqft $293
Subdivision Holiday Isle
MLS Listing ID 802252
Sold Date 11/25/20
Bedrooms 11
Full Baths 11
Half Baths 1
Construction Status Construction Complete
HOA Fees $28/ann
HOA Y/N Yes
Year Built 2003
Annual Tax Amount $25,364
Tax Year 2015
Property Description
Masterfully built cast & pour concrete construction prominently situated on one of the largest residential home sites on Holiday isle with 90' of deepwater harbor frontage paired with expansive gulf views and exceptional proximity to the beach. This home has been recently updated with coastal contemporary decor as well as a floor plan modification to bring the total bedroom count to eleven in order to optimize short term rental income with projections exceeding $375,000 annually with current actual income exceeding $370,000 year to date for 2018. As of 2018's 4th quarter, there is already $258,000+ booked for 2019.
Location
State FL
County Okaloosa
Area 14 - Destin
Zoning Resid Single Family
Rooms
Guest Accommodations Beach,Fishing
Kitchen Second
Interior
Interior Features Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Elevator, Fireplace, Fireplace 2+, Floor Hardwood, Floor Tile, Furnished - All, Guest Quarters, Kitchen Island, Lighting Recessed, Lighting Track, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar, Window Treatment All
Appliance Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Disposal, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Wine Refrigerator
Exterior
Exterior Feature Balcony, BBQ Pit/Grill, Boat Slip, Boatlift, Columns, Deck Open, Dock, Fenced Lot-Part, Fenced Privacy, Hot Tub, Patio Covered, Pool - In-Ground, Porch, Shower, Sprinkler System, Summer Kitchen
Parking Features Garage, Garage Attached, Oversized
Garage Spaces 4.0
Pool Private
Community Features Beach, Fishing
Utilities Available Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
Waterfront Description Canal
View Canal, Gulf
Private Pool Yes
Building
Lot Description Corner, Covenants, Within 1/2 Mile to Water
Story 3.0
Water Canal
Structure Type Concrete,Foundation On Piling,Roof Tile/Slate,Slab,Stucco,Trim Wood
Construction Status Construction Complete
Schools
Elementary Schools Destin
Others
Assessment Amount $345
Energy Description AC - 2 or More,AC - Central Elect,AC - High Efficiency,Ceiling Fans,Water Heater - Elect
Financing Conventional
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