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Lot 7 W Palm Beach, MIRAMAR BEACH, FL – $1,850,000

  • 8 Beds
  • 10 Baths
  • 4,065 Sqft
  • .17 Acres
  • 8 Beds
  • 10 Baths
  • 4,065 Sqft
  • .17 Acres

Lot 7 W Palm Beach

Sensational resort-style property boasting gross annual rental projections of over $249k. Scheduled to be complete September of 2019, this residence was artfully designed with one overall concept in mind: retreat. This 4-tier home showcases an open floor plan with extensive interior space, modern-cottage aesthetics and multiple alluring attributes. A spiral staircase leads to one of the properties' most distinguished features- a 1,000+ square feet rooftop terrace. This rooftop architectural gem features 360 degrees of breathtaking views and is fully equipped with spa, kitchenette with grill, dining area, and tanning lounges- crafted to provide a thrilling entertaining experience. Another quality worth mentioning is the large resort style pool with waterfall spa.For enhanced relaxation the private pool is concluded with a tanning ledge- this versatile ledge maintains a shallow, consistent depth, providing an ideal hotspot for relaxing. Attention to detail is highlighted through the cover entertaining area with grill, mini fridge and the added outdoor half bath. Ensuring optimal conveniences, each bedroom is paired with a private full bathroom, with six of those rooms having immediate balcony access. Intended to accommodate multiple families, the home is constructed with 3 master suites, each stylishly paired with a private master bath. The first level of this home features 2 master suites both equipped with a master bathroom, a stunning kitchen, living area, powder room, laundry area and direct access to the resort style pool and outdoor living area. The kitchen features chic white quarts countertops, custom cabinetry with soft-closing hinges, an edgy backspace, additional stand along ice maker and completed with modern lighting just above the kitchen island. The second-floor features four additional bedrooms, one of which is equipped with 2 sets of wooden, built-in bunk beds, custom created with large families in mind. The third floor features the final master suite with master bath, the second bunk-room, the secondary kitchen with entering area and pool table. From the kitchen balcony on the third floor, the spiral staircase leads to the 4th-tier of the residence, the iconic awe-inspiring rooftop terrace. The third-floor kitchen makes it a seamless and effortless for hosting dinners on the rooftop terrace. As for location, this property is located within the highly sought-after community of Frangista Beach. Centrally positioned within walking distance to two deeded beach accesses, shops and restaurants along the coastal road of Scenic Hwy 98. Note: home is currently under construction, colors, furnishings, decor' etc. subject to change.

Essential Information

  • MLS® #821930
  • Price$1,850,000
  • Days on Website17
  • Bedrooms8
  • Bathrooms10.00
  • Full Baths8
  • Half Baths2
  • Square Footage4,065
  • Acres0.17
  • Year Built2019
  • TypeResidential
  • Sub-TypeDetached Single Family
  • StyleBeach House
  • StatusActive

Community Information

  • AddressLot 7 W Palm Beach
  • AreaSouth Walton West
  • SubdivisionFRANGISTA BEACH
  • CityMIRAMAR BEACH
  • CountyWALTON
  • StateFL
  • Zip Code32550

Amenities

  • AmenitiesBeach, Pool
  • ParkingOversized
  • Has PoolYes

Utilities

Electric Available, Public Sewer Available, Public Water Available, Tap Fee Paid

Pool

Pool - Heated, Pool - In-Ground, Private, Community

Interior

  • # of Stories3

Interior Features

Ceiling Raised, Floor Laminate, Furnished - Some, Kitchen Island, Lighting Recessed, Washer/Dryer Hookup, Woodwork Painted

Appliances

Dishwasher, Microwave, Oven:Self Cleaning, Smoke Detector, Stove/Oven Electric, Ice Machine

Cooling

A/C: Two Or More, A/C: Central Electric, Ceiling Fans, Water Heater - Two +

Exterior

  • RoofRoof Metal, Roof Pitched
  • ConstructionFrame
  • FoundationFoundation Slab On Grade

Exterior

Frame, Roof Metal, Siding CmntFbrHrdBrd, Foundation Slab On Grade, Roof Pitched

Exterior Features

Balcony, BBQ Pit/Grill, Columns, Fenced Back Yard, Hot Tub, Patio Open, Pool - Heated, Pool - In-Ground, Fenced Privacy, Porch Covered

Lot Description

Level, Within 1/2 Mile Of Water, Survey Available

School Information

  • ElementaryVAN R. BUTLER
  • MiddleEMERALD COAST
  • HighSOUTH WALTON

Additional Information

  • ZoningResidential Single Family
  • HOA Fees0.00

Listing Details

  • OfficeEngel & Volkers Destin
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Engel & Volkers Destin.

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on May 19th, 2019 at 11:15am CDT.