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Key Details
Sold Price $5,449,653
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 5,625 sqft
Price per Sqft $968
Subdivision Cape San Blas
MLS Listing ID 743069
Sold Date 01/12/24
Style Coastal
Bedrooms 9
Full Baths 9
Half Baths 2
HOA Y/N No
Year Built 2021
Annual Tax Amount $8,467
Tax Year 2022
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Detached
Property Description
Welcome to ''Making Memories on the Cape''. Prominently placed in the gated luxury community of Secluded Dunes, this home is perched at 30 feet above sea level encompassing 56.8 feet of gulf frontage. This home offers resort-style amenities, breathtaking views and finishes, commercial quality construction by a respected and local builder, and is made all the more sublime by the architectural design of a 30A architect. Boasting 9 beds, 9 full and 2 half baths, this home is equipped to sleep up to 28 people, making this a great option for those with large families and for those seeking ROI. Completed at the end of 2021, this architectural masterpiece rivals all homes along the Emerald Coast, yet provides the tranquility and the serenity we long for! INVESTMENT ALERT: This property is on track to gross over $500k in revenues for 2024! Equating for 4 weeks of owner usage (40k income plus), this home realizes a 6% CAP Rate, which is nearly impossible for a waterfront home anywhere along the Florida Panhandle! Look for the proforma in the docs section of the listing.
Location
State FL
County Gulf
Community Barbecue, Beach, Elevator, Other, Pool, See Remarks, Short Term Rental Allowed, Waterfront, Gated
Area 07 - Gulf County
Interior
Interior Features Wet Bar, Breakfast Bar, Bookcases, Elevator, Fireplace, Kitchen Island, Other, Pantry, Paneling/Wainscoting, Recessed Lighting, Split Bedrooms, Storage, Track Lighting, Natural Woodwork, Instant Hot Water
Heating Electric, Fireplace(s)
Cooling Central Air, Ceiling Fan(s), Electric
Fireplaces Type Gas, Outside
Furnishings Furnished
Fireplace Yes
Appliance Bar Fridge, Dryer, Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Propane Cooktop, Refrigerator, Range Hood, Tankless Water Heater, Wine Cooler, Warming Drawer, Wine Refrigerator, Washer
Laundry Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Built-in Barbecue, Balcony, Deck, Outdoor Living Area, Outdoor Shower, Pool
Parking Features Covered, Carport, Driveway, Guest, Paved
Garage Spaces 4.0
Garage Description 4.0
Pool Above Ground, Gunite, Private, Community, Pool
Community Features Barbecue, Beach, Elevator, Other, Pool, See Remarks, Short Term Rental Allowed, Waterfront, Gated
Utilities Available Electricity Connected, Propane, Phone Connected, Underground Utilities, Water Available
Waterfront Description Gulf,Shoreline - Sand,Waterfront
View Y/N Yes
Water Access Desc Gulf,Shoreline - Sand,Waterfront
View Bay, Gulf
Roof Type Metal
Accessibility Accessible Elevator Installed
Porch Balcony, Covered, Deck, Open, Patio, Porch
Private Pool Yes
Building
Lot Description Additional Land Available, Easement, Waterfront
Story 4
Foundation Pillar/Post/Pier
Water Well
Architectural Style Coastal
Others
Tax ID 06345-836R
Security Features Carbon Monoxide Detector(s),Fire Alarm,Gated Community,Smoke Detector(s),Security System
Acceptable Financing Conventional, Owner May Carry
Listing Terms Conventional, Owner May Carry
Financing Other
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Bought with EXP Realty LLC
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