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3 Beds
4 Baths
1,776 sqft

$1,225,000

1987 Scenic Gulf Drive, A-3, Miramar Beach FL, 32550

Price per sqft$689.75
Built in1980
Property size1,776 sqft
Property typeTownhomes

Overview

Sold

Listed Mar 15, 2025

Updated Mar 7

Positioned directly on the sugar-white sands of Walton County, this exceptional three-story townhome in Costa Del Sol captures breathtaking gulf views from every level. Thoughtfully remodeled and professionally furnished, this turn-key retreat offers a prime investment opportunity with a strong rental history and sleeping accommodations for up to 12 guests. Upon entry, the main living area showcases floor-to-ceiling gulf views, complemented by designer furnishings and an inviting, open floor plan. The adjacent dining space features a custom-built booth that blends seamlessly with the sleek, modern kitchen outfitted with stainless steel appliances, ceiling-height cabinetry and pristine white countertops. The ground floor presents a private mother-in-law suite, accessible from the beach level porch, making it an ideal setup for multi-family stays. This level includes a second living area with a sectional sofa, flatscreen TV, bar, and built-in twin bunk, along with a spacious bedroom featuring a king bed, twin bed and twin trundle. The boardwalk leads directly to the beach access, ensuring uninterrupted coastal views. On the top floor, two king suites with private bathrooms provide luxurious accommodations. The primary suite boasts a private balcony, offering a front-row seat to mesmerizing gulf sunsets. Each bathroom is equipped with upgraded rainfall showerheads and high-end finishes, delivering spa-like comfort. Recent updates include new shower enclosures, two HVAC units, and a new microwave, ensuring modern efficiency. Centrally located between Pompano Joe's and Frangista Beach, this townhome is just moments from renowned gulf-front dining, boutique shopping and premier entertainment. With a high-performing rental history and exceptional design, this is an investment-worthy retreat that redefines beachfront living. With rental history and rental projections ranging from $64,000-$114,000, depending on owner usage, this one is a fantastic opportunity for any gulf-front buyer. The voluntary HOA includes management, internet and pest control.

Additional information

MLS® ID
971229

Interior Features

Bedrooms
3
Bathrooms
4
Cooling
Yes
Basement
No

Other Property Details

Association Fee Frequency
Quarterly
Secondary Association Fee
$400
View
Yes
Waterfront
Yes
MLS provider logo

Courtesy of Scenic Sotheby's International Realty, 
Listing Contact: 850-598-6888 

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