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Tania Grady

tania@myfloridahomegroup.com +1(850) 684-0252

$1,810,000

Est. payment - /mo

7 Beds

8 Baths

3,130 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,130 sqft

Price per Sqft $578

Subdivision Blue Ohana

MLS Listing ID 1007479

Style Beach House

Bedrooms 7

Full Baths 7

Half Baths 1

HOA Fees $1,200/ann

HOA Y/N Yes

Year Built 2025

Annual Tax Amount $823

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 90x46

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 3130

Property Description

The current property management company is offering a $170,000 rental income guarantee for 2027, providing a compelling opportunity for investors seeking both immediate cash flow and downside protection. Welcome to 16 Blue Ohana Court in Miramar Beach, a fully furnished and turnkey 7-bedroom, 7.5-bath luxury vacation rental designed for strong short-term rental performance and immediate income generation. This spacious three-story home comfortably sleeps up to 22 guests and is being sold completely rental-ready, including a brand-new 6-seat street-legal golf cart, allowing for a seamless transition for any investor. The property already has over $130,000 in bookings secured for 2026 and is projected to finish the year at approximately $170,000 in rental income despite a delayed start in late February, with projected revenue for 2027 estimated between $190,000 and $210,000. The home is purpose-built to maximize occupancy and revenue, featuring five king suites with private bathrooms and two high-capacity bunk rooms designed for large groups. The open-concept layout includes a chef's kitchen with a gas range, expansive living and dining areas, multiple lounge spaces, and a dedicated game room, all thoughtfully designed to enhance the guest experience. The private backyard offers a resort-style setting with a heated pool, covered outdoor living space, and ample room for entertaining, which are key drivers for repeat bookings and premium nightly rates. Multiple balconies and gathering areas throughout the home provide both privacy and functionality for large groups, and a community sand volleyball court is currently being constructed, adding another attractive amenity for guests and enhancing overall rental appeal. Ideally located just about a one-minute golf cart ride to Miramar Beach's largest public beach access, the property offers easy access to the Gulf along with close proximity to Destin, Sandestin Resort, and Scenic Highway 30A. Guests benefit from nearby dining, shopping, and entertainment, further supporting consistent rental demand year-round. This property stands out as a high-performing, income-producing asset with future bookings already in place, professional management available, and no additional setup required, making it an exceptional opportunity for investors seeking a proven luxury vacation rental in one of the Emerald Coast's most desirable markets.

Location

State FL

County Walton

Community Short Term Rental - Allowed

Area 15 - Miramar/Sandestin Resort

Zoning Resid Single Family

Direction Use GPS

Rooms

Kitchen true

Interior

Interior Features Breakfast Bar, Ceiling Crwn Molding, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Walls Paneled, Washer/Dryer Hookup, Wet Bar, Woodwork Painted

Heating Central

Cooling Central Air

Flooring Floor Tile, Floor Vinyl

Furnishings Furnished - All

Appliance Dishwasher, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Tnkls

Exterior

Exterior Feature Balcony, Fenced Back Yard, Pool - Gunite Concrt, Sprinkler System, In-Ground Pool, Heated Pool, Gunite Pool, Covered Patio, Fenced Backyard, Privacy Fence, Sprinkler System, Balcony

Fence Fenced Privacy

Pool Pool - Heated, Pool - In-Ground, Pool Type

Community Features Short Term Rental - Allowed

Utilities Available Electric, Public Water

Roof Type Metal

Street Surface Paved

Porch Patio Covered

Road Frontage Private Road

Garage No

Building

Lot Description Corner, Covenants, Curb & Gutter, Sidewalk, Within 1/2 Mile to Water

Faces Use GPS

Story 3

Foundation Slab

Sewer Public Sewer

Architectural Style Beach House

New Construction No

Schools

Elementary Schools Van R Butler

Middle Schools Emerald Coast

High Schools Destin

Others

Pets Allowed No

HOA Fee Include Ground Keeping, Management

Tax ID 30-2S-21-42990-000-0020

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Listed by Alexander D Lamberson Beach House Sales and Development

NEARBY SCHOOL & BUSINESS

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Tania Grady

+1(850) 684-0252

Agent | License ID: 3305575

Agent License ID: 3305575

20 N Payne ST Miramar Beach, FL 32550

Tania Grady

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION