4 months on rocket

116 Sarasota St, Miramar Beach, FL, 32550

$2,999,999

9 Bedrooms
8 Full Baths
5,880 SqFt
$510/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Year Built2005
HeatingCentral
CoolingCeiling Fan(s), Central Air
Private PoolYes
MLS #938796
Lot Size0.11 Acres
StatusActive

About 116 Sarasota St

Welcome to the epitome of tropical luxury - a magnificent nine-bedroom, eight-bathroom retreat nestled in the heart of the idyllic Frangista Beach. This exceptional property, located just steps away from exclusive gated beach access, beckons with its 5,880 square feet of paradise, adorned with rental projections of $295,000. Radiating a fresh vibrancy, this haven is a testament to meticulous attention to detail, featuring carefully curated designer furnishings that elevate its allure. Positioned along the sun-kissed stretch of Scenic Highway 98, this residence stands out as one of the most enticingly priced gems in the area.

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • Year Built: 2005
  • Stories: 4
  • Living Area: 5,880 SqFt

Listing Office:

  • Office Name: Lokation
  • Office Email: mls@lokationre.com
  • Listing Agent: Kurt J Sprigler

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Ice Maker, Microwave, Self Cleaning Oven, Refrigerator, Ice Maker, Range, Electric Oven
  • Flooring Type: Hardwood, Tile
  • Interior: Breakfast Bar, Ceiling Crown Molding, Raised Ceiling, Recessed Lighting, Owners Closet, Pantry, Shelving, Split Bedroom, Washer/Dryer Hookups, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony, BBQ Pit/Grill, Columns, Fenced Lot-Part, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground, Porch, Porch Open, Shower, Workshop

Lot Features

Lot Information:

  • Lot: Covenant/Restriction, Sidewalk, Within 1/2 Mile to Water
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • South Walton High School, Public District Grades 9-12
  • Freeport Senior High School, Public District Grades 9-12
  • Walton High School, Public District Grades 9-12
  • Emerald Coast Middle School, Public District Grades 5-8
  • Freeport Middle School, Public District Grades 5-8
  • Walton Middle School, Public District Grades 6-8
  • Van R. Butler Elementary School, Public District Grades PK-4
  • Bay Elementary School, Public District Grades PK-4
  • Freeport Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: North on Miami Street from Scenic 98; turn west on Sarasota street, home will be second to last house on the right (South side of Sarasota). Or you can access the home via Scenic 98; turn North onto H

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,999,999
  • Price Per SqFt: $510/SqFt

HOA Fees:

  • Amount: $1000
  • Frequency: Annually

Tax Information:

  • Annual Amount: $9,689
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miramar Beach, FL.

Med. Sold Price

$728.5K

Med. Price/SqFt

$487

Avg. Days On Market

88

# of Sold Homes

56

116 Sarasota St vs Miramar Beach

132 DAYS ON ROCKET

+44 Days

$2,999,999

+$2.2M More

$510/SqFt

+$22 More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price and $22/SqFt more than other homes in Miramar Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #938796

Listing Office:

  • Office Name: Lokation
  • Office Email: mls@lokationre.com
  • Listing Agent: Kurt J Sprigler

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 12:20:41 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 25, 2020Home Sold
$1,225,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,689$970,635
2019$9,499$956,555
2017$8,907$898,658

History based on county public records data.

Payment Calculator

$15.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,061

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5301888
8
/10
  • Van R. Butler Elementary School

  • 6694 W County Highway 30a

  • 7.08 miles

  • Public District Grades PK-4

school-card-donut-5301889
7
/10
  • Bay Elementary School

  • 118 Gilmore Rd

  • 15.52 miles

  • Public District Grades PK-4

school-card-donut-5301890
6
/10
  • Freeport Elementary School

  • 15381 Us Hwyy 331 South

  • 17.26 miles

  • Public District Grades PK-4

Middle School

school-card-donut-5301891
6
/10
  • Emerald Coast Middle School

  • 4019 Us Hwy 98e

  • 7.90 miles

  • Public District Grades 5-8

school-card-donut-5301892
6
/10
  • Freeport Middle School

  • 360 Kylea Laird Dr

  • 16.92 miles

  • Public District Grades 5-8

school-card-donut-5301893
4
/10
  • Walton Middle School

  • 625 Park Ave

  • 27.96 miles

  • Public District Grades 6-8

High School

school-card-donut-5301894
8
/10
  • South Walton High School

  • 645 Greenway Trl

  • 11.83 miles

  • Public District Grades 9-12

school-card-donut-5301895
8
/10
  • Freeport Senior High School

  • 12615 Us Hwy 331 South

  • 19.36 miles

  • Public District Grades 9-12

school-card-donut-5301896
5
/10
  • Walton High School

  • 449 Walton Rd

  • 29.23 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,250. Typical income of Miramar Beach, FL residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 Sarasota St

What is the listing price of this property?

The listing price of 116 Sarasota St property is $2,999,999.

What type of property is this?

The property 116 Sarasota St is a house located in Miramar Beach, Florida, 32550.

Is this property for sale now?

Active Listing: 116 Sarasota St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 116 Sarasota St are:
Van R. Butler Elementary School: GreatSchools Rating 8/10
Bay Elementary School: GreatSchools Rating 7/10
Freeport Elementary School: GreatSchools Rating 6/10
Emerald Coast Middle School: GreatSchools Rating 6/10
Freeport Middle School: GreatSchools Rating 6/10
Walton Middle School: GreatSchools Rating 4/10
South Walton High School: GreatSchools Rating 8/10
Freeport Senior High School: GreatSchools Rating 8/10
Walton High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,689 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 25, 2020 for $1,225,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 116 Sarasota St has 9 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 116 Sarasota St is 5,880 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 Sarasota St is 2005.
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Rocket HomesFloridaWalton CountyMiramar Beach32550116 Sarasota St

This home is located at 116 Sarasota St in Miramar Beach, FL and zip code 32550. This 5,880 square foot home, which was built in 2005, sits on a 0.11 acre lot. Features: 9 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since December 22, 2023 and is currently priced at $2,999,999.

In April 2024, from all listings sold in Miramar Beach, FL there were more than 1 sold above asking price, over 50 sold below and more than 5 were sold right at the asked price. The number of homes for sale in Miramar Beach, FL increased by 11.5% between March 2024 and April 2024. While the average time on the market in April 2024 was 88 days, the median list price was $728,500.

From Rocket Homes Real Estate and based on county public records data.

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