See Home Value
$1,300,000
● House - Off Market

9 Payne Street

Miramar Beach, FL 32550
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2,466 Ft²
$7,542
Est. Monthly
1.42%
Cap Rate

About This Property

Welcome to Sunny Treasure, a newer professionally decorated beach home with a private pool, nestled in the serene confines of Miramar Beach. This turnkey vacation rental boasts a proven rental history, generating over $140,000 in net income. This home is also perfect as a primary residence or vacation home. Location is everything and Sunny Treasure is situated on a quiet dead-end street which offers the perfect escape away from the crowds and is a short 6 minute walk to the public beach. The backyard is a wonderful oasis for relaxing after the beach with a private heated pool, loungers, comfy seating, dining area, bbq, outdoor shower and a fire pit for enjoying in the evening. This home features the only gas heater in the neighborhood so the pool can be heated regardless of the temperature outside. Sunny Treasure is a large 5 bedroom, 4 bathroom home with a pool and is ideal for multiple families, groups or a couples retreat. This house has been professionally decorated with upscale, coastal furniture and comfort awaits you around every corner. The great room is located on the 2nd floor and has a large sectional and armchairs which provide comfy seating.  This light filled room also has a fully stocked kitchen with granite countertops, premium stainless steel appliances and all the amenities of home. Dine or play games around the beautiful dining table with seating for twelve.  5 bedrooms increase your rental opportunities and built-in bunk beds make this home perfect for families.  Other amenities include two separate laundry areas on the first and third floor for easy access.  A two car garage has an additional owner's closet and parking for your golf cart, bikes and beach necessities.  Sunny Treasure is located very near Pompano Joes beachfront restaurant & bar which offers live music, great food and access to public bathrooms. There are also numerous restaurants, great shopping at the Destin Commons and Silver Sands Outlets, and water activities all located within a ten minute drive. Schedule your exclusive showing today!
Unit Size
2,466 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$537
Property Type
House
Property Taxes
$1,036
HOA Dues
-
Year Built
2016

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Last updated: 2 years ago (ECAR MLS #948180)

Price History

Date / Event Date Event Price
Nov 15, 2024 Sold
Sold
Apr 24, 2024 Listed by Destin Real Estate $1,325,000
Listed by Destin Real Estate
Apr 6, 2016 Sold
Sold
Apr 9, 2015 Sold
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 408
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 3,746
  • Lot Size Depth Feet: 880
  • Lot Size Frontage Feet: 430
  • Total Building Area: 2,874
  • Gross Building Area: 2,874
  • Building Area: 2,466
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,466
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TREASURE SANDS
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 1 TREASURE SANDS S/D PB 17-100 OR 2805-3373 OR 2822-3944 OR 2935-2673 OR 2975-4910 OR 3006-1618 OR 3185-4100

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950608

Geography

  • Assessors Map Reference: S2-30-21
  • Parcel: 30-2S-21-42660-000-0010
  • Lot: 1
  • Meridian: SEC 30 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3809
  • Longitude: -86.3887

    Address

  • Full Address: 9 Payne St
  • Address - House Number: 9
  • Address - Street Name: Payne
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5295
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,782
  • Tax Year: 2022
  • Tax Amount: $1,148,396
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2484
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 1,657,502
  • High Value: 2,069,348
  • Low Value: 1,245,656

    Market Valuation

  • Market Total Value: $1,239,178
  • Market Land Value: $158,013
  • Market Improvement Value: $1,081,165

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,239,178
  • Assessed Land Value: $158,013
  • Assessed Improvements Value: $1,081,165

    Sales

  • Current Sale Contract Date: Apr 01, 2016
  • Current Sale Recording Date: Apr 06, 2016
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016000010420
  • Previous Sale Recording Date: Apr 09, 2015
  • Previous Sale Contract Date: Mar 10, 2015
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Miramar Beach


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Frequently Asked Questions

When was property at 9 Payne Street built and last sold?
The property at 9 Payne Street was built in 2016 and last sold on Apr 1, 2016 for $649,900.
How much is this home worth?
The estimated value of the home located at 9 Payne Street is $1,616,000.
What are some comparable homes to 9 Payne Street?
There are currently no comparable homes to 9 Payne Street.