Description
Luxury waterfront home, with awesome views of the Inter-Coastal Waterway, pristine Island sand dunes, and some parts of the Gulf. Located right on your own private white sandy beach. It features 12 foot ceilings, tray lighting, crown molding, a custom kitchen, granite counter tops, premium finishes, enclosed porches, fireplace, 2600 sq ft garage, hurricane shutters, and an Elevator. The quiet Emerald Pointe HOA is voluntary and well maintained near top ranked schools and the resorts in Ft Walton and Destin. This is also a fully licensed and furnished Vacation Rental projected to net $86K of revenue this year which values at $1.27M based on the method of Net Revenue divided by 6 percent capitalization rate. This is house is turn key and ready to handover for business or pleasure.
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4BEDS
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0.4ACRES
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3BATHS
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01/2 BATHS
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3,090SQFT
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$411$/SQFT
School Information
Description
Luxury waterfront home, with awesome views of the Inter-Coastal Waterway, pristine Island sand dunes, and some parts of the Gulf. Located right on your own private white sandy beach. It features 12 foot ceilings, tray lighting, crown molding, a custom kitchen, granite counter tops, premium finishes, enclosed porches, fireplace, 2600 sq ft garage, hurricane shutters, and an Elevator. The quiet Emerald Pointe HOA is voluntary and well maintained near top ranked schools and the resorts in Ft Walton and Destin. This is also a fully licensed and furnished Vacation Rental projected to net $86K of revenue this year which values at $1.27M based on the method of Net Revenue divided by 6 percent capitalization rate. This is house is turn key and ready to handover for business or pleasure.
© 2021 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or ENGEL & VÖLKERS. Data last updated: 2021-04-11T10:59:48.323.