2 months on rocket

41 W Palm Beach St, Miramar Beach, FL, 32550

$2,990,000

8 Bedrooms
7 Full Baths
4,263 SqFt
$701/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Year Built2023
CoolingCeiling Fan(s), Central Air
FireplaceFireplace, Gas Fireplace
ViewGulf
Private PoolYes
MLS #942222
Lot Size0.11 Acres
StatusActive

About 41 W Palm Beach St

Primely located in the heart of Frangista Beach, an investor centric neighborhood just steps from the Gulf of Mexico, this stunning beachside retreat offers an unparalleled blend of elegance, comfort, and coastal living. Spanning an impressive 4,263 square feet, this spacious home boasts 8 bedrooms, 7 bathrooms, and a host of exceptional features with custom construction newly completed by Ben Giles. Upon entering, youll be greeted by the warmth of Thierry Francois flooring that leads through the impeccably designed interior with first level game room and entertaining directly flowing out to the resort style pool. Please reach out to us today for the cost-to-own and rental projection figures for the property. The main living areas feature exquisite pecky cypress ceilings, adding a touch of rustic charm and character to the space. Entertain guests effortlessly in the gourmet kitchen situated on the second level, equipped with top-of-the-line Subzero and Thermador appliances, as well as a Thierry Francois hood vent and gas range for culinary enthusiasts. Accommodations abound in this residence, with six king-sized bedrooms offering plush comfort and relaxation, complemented by two additional bedroom suites designed as charming bunk rooms. Each of the seven bathrooms exudes luxury, featuring high-end finishes and modern fixtures. Ascend to the fourth-story rooftop deck via the unique spiral staircase, where breathtaking panoramic views of the Gulf of Mexico await. Outdoor living is elevated to new heights with a private pool and spa, providing the ultimate retreat for soaking up the sun or unwinding after a day at the beach. The full outdoor kitchen ensures seamless alfresco dining experiences, complete with a grill and ample counter space for preparing meals. Convenient amenities include a single-car garage for added storage and parking convenience. As a bonus, there is beach access for Frangista Beach owners, ensuring easy access to the pristine shoreline. With rental projections reaching $300,000 annually, this property presents an exceptional investment opportunity for those seeking to capitalize on the booming vacation rental market along the Emerald Coast. Experience the epitome of coastal luxury at this magnificent new construction beach home, where every detail has been thoughtfully curated to offer a lifestyle of unparalleled comfort and sophistication.

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • Year Built: 2023
  • Stories: 4
  • Living Area: 4,263 SqFt

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Spears Group

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Refrigerator, Ice Maker, Gas Oven, Washer
  • Flooring Type: Hardwood
  • Interior: Breakfast Bar, Raised Ceiling, Elevator, Fireplace, Kitchen Island, Pantry, Washer/Dryer Hookups, Woodwork Painted
  • Fireplace: Fireplace, Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Gulf
  • Exterior: Balcony, Deck Open, Fenced Lot-All, Fenced Privacy, Hot Tub, Pool - Heated, Pool - In-Ground, Shower

Lot Features

Lot Information:

  • Lot: Within 1/2 Mile to Water
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • 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: From Hwy 98 turn South on Holiday Road. Turn Left on Scenic Gulf Drive. Turn Left on Miami Street. Turn Left on West Palm Beach Street. House is on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,990,000
  • Price Per SqFt: $701/SqFt
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Housing Market Comparison

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

Med. Sold Price

$725.5K

Med. Price/SqFt

$487

Avg. Days On Market

85

# of Sold Homes

47

41 W Palm Beach St vs Miramar Beach

74 DAYS ON ROCKET

-11 Days

$2,990,000

+$2.2M More

$701/SqFt

+$213 More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price and $213/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: #942222

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Spears Group

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: 4/27/2024, 3:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$14.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,031

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NMLS#3030

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-1373935
8
/10
  • Van R. Butler Elementary School

  • 6694 W County Highway 30a

  • 7.04 miles

  • Public District Grades PK-4

school-card-donut-1373936
7
/10
  • Bay Elementary School

  • 118 Gilmore Rd

  • 15.47 miles

  • Public District Grades PK-4

school-card-donut-1373937
6
/10
  • Freeport Elementary School

  • 15381 Us Hwyy 331 South

  • 17.18 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1373938
6
/10
  • Emerald Coast Middle School

  • 4019 Us Hwy 98e

  • 7.85 miles

  • Public District Grades 5-8

school-card-donut-1373939
6
/10
  • Freeport Middle School

  • 360 Kylea Laird Dr

  • 16.84 miles

  • Public District Grades 5-8

school-card-donut-1373940
4
/10
  • Walton Middle School

  • 625 Park Ave

  • 27.88 miles

  • Public District Grades 6-8

High School

school-card-donut-1373941
8
/10
  • South Walton High School

  • 645 Greenway Trl

  • 11.78 miles

  • Public District Grades 9-12

school-card-donut-1373942
8
/10
  • Freeport Senior High School

  • 12615 Us Hwy 331 South

  • 19.28 miles

  • Public District Grades 9-12

school-card-donut-1373943
5
/10
  • Walton High School

  • 449 Walton Rd

  • 29.16 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. Residents of Miramar Beach, FL typically earn between $35k-100k each year. 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 41 W Palm Beach St

What is the listing price of this property?

The listing price of 41 W Palm Beach St property is $2,990,000.

What type of property is this?

The property 41 W Palm Beach St is a house located in Miramar Beach, Florida, 32550.

Is this property for sale now?

Active Listing: 41 W Palm Beach 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 41 W Palm Beach 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

How many bedrooms and bathrooms does this property have?

The property at 41 W Palm Beach St has 8 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 41 W Palm Beach St is 4,263 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 41 W Palm Beach St is 2023.
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Rocket HomesFloridaWalton CountyMiramar Beach3255041 W Palm Beach St

This home is located at 41 W Palm Beach St in Miramar Beach, FL and zip code 32550. This 4,263 square foot home, which was built in 2023, sits on a 0.11 acre lot. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $2,990,000.

Over 1 listings were sold over their listed price in March 2024 in Miramar Beach, FL. In the same period over 41 listings were sold below the listed price and 5 listings were sold for the listed price. In March 2024 in Miramar Beach, FL there were 13.3% more homes for sale than in February 2024. In March 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $725,500.

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

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