42 Miami St, MIRAMAR BEACH

$4,695,000

9 Beds
10 Baths
7,424 Sqft
.18 Acres
2 Garages

Completed in 2016, the ''Soggy Dollar'' is a sleek coastal contemporary masterpiece perfectly situated to capture panoramic gulf views from each of the four finished levels as well as the fifth story rooftop deck. This is the ultimate beach home; masterfully configured to provide unparalleled amenities and optimized for entertaining including a custom built boat bar outfitted with a wine cooler, ambient lighting, antique compass & flat screen television all resembling the nautical theme that is present throughout the home. The boat bar opens up to the 40,000 gallon watermark-built private resort style pool area complete with a swim up bar as well as an adjoining spa and covered outdoor summer kitchen & living area with gas fireplace and TV. Rental projections for this home are $400,000+ ingross annual rental income. Notable features include multiple indoor and outdoor living areas, private commercial grade elevator with access to every floor, dual master suites with gulf views and adjoining spa-like bathrooms with floor to ceiling calcutta marble, built-in pinterest style bunk beds, indoor and outdoor surround sound system as well as security cameras for optimal privacy. The first floor layout boasts dual bunk rooms, as well as two large bedrooms and adjoining baths as well as an industrial style game room complete with a custom boat bar & built in wet bar including a full size Sub-Zero fridge. The second floor is the focal point of indoor living space with a spacious living room featuring pecky cypress ceilings, floor to ceiling windows to soak in the beautiful gulf views, gas fireplace, built-in entertainment center and open to the massive dining area overlooking the pool. The kitchen features floor-to-ceiling custom cabinetry, paneled Sub-Zero appliances and Wolf professional series gas range, walk-in pantry and large center island with gorgeous shell infused custom countertops. The second floor also features a full bedroom with ensuite bathroom & half bath as well as access to the second story outdoor dining area overlooking the lagoon style pool. The third floor features 4 full bedrooms including dual master suites, laundry area as well as built in bunks for additional sleep ability. The fourth story is an unreal entertaining space outfitted as a game room featuring panoramic gulf views as well as a pinball machine, pool table, card table, flat screen TV, wet bar with GE Monogram stainless fridge, full bathroom & custom bunk room all open to the wrap around porch space.

From the fourth floor, the spiral staircase allows access to the fifth story deck ideally outfitted with surround sound and furnished with lounge chairs and ample seating to allow panoramic views of the gulf of Mexico as well as the Choctawhatchee Bay. This home is in close proximity to gated community beach access as well as all of the world class shopping, dining and entertainment that Miramar Beach has to offer.

Essential Information
MLS® #859656
Price$4,695,000
Bedrooms9
Bathrooms10.00
Full Baths9
Half Baths1
Square Footage7,424
Acres0.18
Year Built2016
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Community Information
Address42 Miami St
AreaSouth Walton West
Sub Area02 SOUTHWEST WALTON SOUTH
SubdivisionFRANGISTA BEACH
CityMIRAMAR BEACH
CountyWALTON
StateFL
Zip Code32550
Amenities
AmenitiesBeach, Pool
Parking Spaces2
# of Garages2
Has PoolYes
Utilities

Electric Available, Gas - Natural, Phone Available, Public Sewer Available, Public Water Available, TV Cable Available

Pool

Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Private

Interior
HeatingHeat: Central Electric
FireplaceYes
FireplacesFireplace, Fireplace Gas
# of Stories4
Interior Features

Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Ceiling Vaulted, Elevator, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owner's Closet, Plantation Shutters, Shelving, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar, Window Treatment All

Appliances

Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Ice Machine, Jennaire Type, Microwave, Oven Double, Range Hood, Refrigerator, Refrigerator W/Ice Maker, Security System, Smoke Detector, Stove/Oven Gas, Washer

Cooling

A/C: Two Or More, A/C: Central Electric, Ceiling Fans

Exterior
WindowsDouble Paned Windows
RoofRoof Metal
ConstructionFrame
FoundationFoundation Slab On Grade
Exterior

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

Exterior Features

Balcony, BBQ Pit/Grill, Columns, Deck Open, Fenced Back Yard, Fenced Lot-Part, Fenced Privacy, Fireplace, Hot Tub, Lawn Pump, Patio Covered, Patio Open, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch Covered, Porch Open, Separate Living Area, Shower, Sprinkler System, Summer Kitchen

Lot Description

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

School Information
ElementaryVAN R. BUTLER
MiddleEMERALD COAST
HighSOUTH WALTON
Additional Information
ZoningResidential Single Family
HOA Fees1800.00
HOA Fees Freq.Annually
Office

Scenic Sotheby's International Realty

Property History
Price Increased from $4,495,000 to $4,695,000
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Listing information last updated on June 21st, 2021 at 8:45am CDT.