This income-producing property already has approximately $148K in confirmed 2026 bookings, with open dates still available and 2027 bookings already underway! 2025 Built - New Luxury Vacation Rental in The Villas of Frangista with projected gross revenue $165,000- $200,000! Located on a prime corner lot in the gated community of The Villas of Frangista, this stunning 3-story luxury home is delivered turn-key and fully furnished--perfect for a high-performing vacation rental or private coastal retreat. Designed with both comfort and style in mind, the home features a spacious open-concept living and dining area, a chef's kitchen with a large island, front and back porches, a balcony, and a private heated pool and spa with outdoor waterfall feature for ultimate relaxation. With 6 generously sized bedrooms, each with its own beautifully appointed private bathroom, the layout offers one bedroom on the first floor, four on the second, and one on the third, ideal for guest privacy and convenience. The oversized driveway accommodates up to 5 vehicles. Located just a short walk to private deeded beach access and minutes from world-class dining, entertainment, and premium shopping along the Emerald Coast, this property offers exceptional value and rental potential.