For more information regarding the value of a property, please contact us for a free consultation.
167 Snowdrift Road Miramar Beach, FL 32550
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $3,595,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 4,224 sqft
Price per Sqft $851
Subdivision Snow Drift Beach
MLS Listing ID 894004
Bedrooms 8
Full Baths 8
Half Baths 1
Year Built 2001
Annual Tax Amount $12,469
Tax Year 2021
Lot Size 0.310 Acres
Property Sub-Type Beach House
Property Description
Price reduced! Bring your offer before interest rates increase. With 10 parking spots, this house will not be impacted by Walton County's proposed occupancy restrictions based on parking.Amazing investment rental opportunity with many unique advantages which attract new bookings with premium pricing & creates a high rebook rate. One of the only homes on the market with a positive cash flow at the current list price. Over 334K on the books for 2022 (428K gross) despite no rentals for the first 10 weeks due to new pool install. More weeks to book. Projections of 426K for 2023 (528K Gross) with over 90K already on the books, of which 50% are repeat guests. Guests love the oversized heated pool and Jacuzzi installed in 2022.
Location
State FL
County Walton
Area 15 - Miramar/Sandestin Resort
Zoning Resid Single Family
Rooms
Kitchen First, Second
Exterior
Exterior Feature Balcony, Deck Covered, Deck Open, Fenced Back Yard, Guest Quarters, Hot Tub, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground
Parking Features Oversized
Pool Private
Community Features Beach, Deed Access, Gated Community
Utilities Available Electric, Phone, Public Sewer, Public Water, TV Cable
Building
Lot Description Sidewalk, Within 1/2 Mile to Water
Story 2.0
Structure Type Frame,Roof Metal,Slab
Schools
Elementary Schools Van R Butler
Read Less
Bought with The Premier Property Group