NEW FULLY FURNISHED AND TURN KEY RENTAL WITH 423K in bookings! A professionally designed turnkey rental opportunity unlike any other on the coast! Every detail has been thought of for the savvy investor to just take over. Seller will manage for 1 yr at 5%. Perched just blocks away, this home offers a front-row seat to one of nature's most breathtaking spectacles - the Gulf view. This 5800+ SQ FT luxury home is a testament to the art of coastal renting. Embrace the tranquil beauty of the Gulf and make this piece of coastal paradise your own. The backyard features a heated pool/spa, putting green, and gas grill. Step inside to find an entertainment room including games and pool table, work out room, and 8 ensuites, plus a bunk room. All furnishings and golf cart convey. Don't miss out! This custom-built home showcases the finest craftsmanship and attention to detail, with soaring ceilings, exquisite finishes, and an open-concept design that allows natural light to flood every corner. The gourmet kitchen is a chef's delight, boasting high-end appliances, quartz countertops, and a center island that beckons for gatherings. A private backyard oasis features a heated pool, a spa, and lush landscaping, creating a serene retreat for relaxation and entertainment for guests.
Sold for $3,600,000
$3,600,000
120 Payne St, Miramar Beach, FL 32550
9beds
5,856sqft
Single Family Residence
Built in 2023
10,018.8 Square Feet Lot
$3,575,600 Zestimate®
$615/sqft
$6,644 Estimated rent
Home value
$3,575,600
$3.25M - $3.97M
$6,644/mo
Zestimate® history
Owner options
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$6,644/mo
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$6,644/mo
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$18,010/mo
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List your homeWhat's special
Bunk roomExquisite finishesPool tableWork out roomPutting greenCenter islandGourmet kitchen
Zillow last checked:
Listing updated:
Listed by:
Alysha S Neidert 850-687-1913,
Five Star Properties RE FL Inc
Bought with:
Christopher R Harper
Source: ECAOR,MLS#: 933125
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 10
- Full bathrooms: 9
- 1/2 bathrooms: 1
Bedroom
- Level: First
- Area: 201.28 Square Feet
- Dimensions: 14.8 x 13.6
Bedroom
- Level: First
- Area: 206.25 Square Feet
- Dimensions: 12.5 x 16.5
Bedroom
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom
- Level: Second
- Area: 196 Square Feet
- Dimensions: 14 x 14
Bedroom
- Level: Third
- Area: 137.5 Square Feet
- Dimensions: 11 x 12.5
Bedroom
- Level: Third
- Area: 168 Square Feet
- Dimensions: 12 x 14
Bedroom
- Level: Third
- Area: 168 Square Feet
- Dimensions: 12 x 14
Bedroom
- Level: Third
- Area: 168 Square Feet
- Dimensions: 12 x 14
Other
- Description: bunk room
- Level: Second
- Area: 120 Square Feet
- Dimensions: 12 x 10
Exercise room
- Level: First
- Area: 122.43 Square Feet
- Dimensions: 10.11 x 12.11
Foyer
- Level: First
- Area: 90 Square Feet
- Dimensions: 15 x 6
Kitchen
- Level: Second
- Area: 368 Square Feet
- Dimensions: 23 x 16
Living room
- Description: living / dining area
- Level: Second
- Area: 697 Square Feet
- Dimensions: 41 x 17
Recreation room
- Description: Game Room / Sitting Area
- Level: First
- Area: 496 Square Feet
- Dimensions: 31 x 16
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Washer
- Laundry: Washer/Dryer Hookup
Features
- Vaulted Ceiling(s), Hallway Bunk Beds, Kitchen Island, Owner's Closet, Shelving, Elevator
- Windows: Double Pane Windows
- Has fireplace: Yes
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,856
- Total interior livable area: 5,856 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Door Opener, Boat, Oversized, Garage
- Garage spaces: 1
Features
- Stories: 3
- Patio & porch: Deck, Porch
- Exterior features: Outdoor Grill, Balcony
- Pool features: In Ground
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Size: 10,018 sqft
- Dimensions: 55 x 185
- Features: Within 1/2 Mile to Water
Details
- Parcel number: 302S21429800000010
- Zoning description: Resid Single Family
- Special conditions: Accept Backup Offers
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Concrete, Stucco, Trim Vinyl
- Roof: Metal
Condition
- Construction Complete
- New construction: No
- Year built: 2023
Utilities & green energy
- Water: Public
Community & neighborhood
Community
- Community features: BBQ Pit/Grill, Elevators, Fitness Center, Game Room, Pool, Whirlpool, Short Term Rental - Allowed
Location
- Region: Miramar Beach
- Subdivision: Payne Street Cottages
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2024 | Sold | $3,600,000-3.4%$615/sqft |
Source:  ECAOR #933125 Report a problem | ||
| 1/30/2024 | Pending sale | $3,725,000$636/sqft |
Source: ECAOR #933125 Report a problem | ||
| 11/23/2023 | Price change | $3,725,000-0.7%$636/sqft |
Source: ECAOR #933125 Report a problem | ||
| 9/26/2023 | Listed for sale | $3,750,000+21%$640/sqft |
Source: ECAOR #933125 Report a problem | ||
| 7/18/2023 | Sold | $3,100,000-3.1%$529/sqft |
Source: ECAOR #916800 Report a problem | ||
| 7/18/2023 | Pending sale | $3,199,000$546/sqft |
Source: ECAOR #916800 Report a problem | ||
| 6/26/2023 | Listed for sale | $3,199,000$546/sqft |
Source: ECAOR #916800 Report a problem | ||
| 6/22/2023 | Pending sale | $3,199,000$546/sqft |
Source: ECAOR #916800 Report a problem | ||
| 6/20/2023 | Price change | $3,199,000+6.7%$546/sqft |
Source: ECAOR #916800 Report a problem | ||
| 6/11/2023 | Price change | $2,999,000-4.6%$512/sqft |
Source: ECAOR #916800 Report a problem | ||
| 4/1/2023 | Price change | $3,145,000-6.8%$537/sqft |
Source: ECAOR #916800 Report a problem | ||
| 2/10/2023 | Listed for sale | $3,375,000$576/sqft |
Source: ECAOR #916800 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $26,035 +6.2% | $2,881,322 +7.4% |
| 2024 | $24,512 +1248.9% | $2,683,491 +1241.8% |
| 2023 | $1,817 -11.7% | $199,992 -9.9% |
| 2022 | $2,057 | $221,991 |
Find assessor info on the county website
Neighborhood: 32550
Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 7.5 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 16.2 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 12.1 mi
Schools provided by the listing agent
- Elementary: Destin
- Middle: Destin
- High: Destin
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$3,575,600
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$3,647,112
- Florida
- Walton County
- Miramar Beach
- 32550
- 120 Payne St
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