Water Views
50 Los Angeles Street Miramar Beach, FL
$ 1,895,000
Property Attributes
  • MLS#869597
  • TypeSingle Family
  • CountyWALTON
  • CityMiramar Beach
  • AreaMiramar-Sandestin Resort
  • NeighborhoodFrangista Beach
  • Zip32550
  • StyleBeach House
  • Year Built2005
  • Taxes8248
  • Price$ 1,895,000
  • Bedrooms8
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage4588
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
Gulf Realty 30A LLC
Data Source:
Emerald Coast Assoc of Realtors
Property Description

Welcome to "Coconut Castle". This Frangista Beach home is supremely positioned less than a block from the deeded beach access for the community. There is already over $160,000 of rental income on the books for 2021. The current management company, Beach Reunion, is making available a rental income guarantee of $180,000 for the first year of ownership if you keep the home on their rental program. Opportunities like this do not come along very often!This large home is being sold fully furnished and offers a total of 5 king bedrooms each with their own private baths, 2 spacious bunk rooms with a shared bath, another king bedroom, and a queen loft area. The 1st floor boasts both a game room and media room complete with pool table, wet bar, and full-sized refrigerator. Also located on the 1st floor is 1 king bedroom with private bath and the 2 bunk rooms with shared bath, all with access to the private splash pool and overflow spa. The 2nd floor contains the sprawling living room, dining area and kitchen with large granite island/breakfast bar and all stainless-steel appliances. Also 2 more king bedrooms, 1 with private bath. The 3rd floor offers a private balcony and sleeping arrangements for 8. You will find the master king suite with built-in bunk beds, wet bar with mini fridge and spacious private bath with a jacuzzi tub. Also, two more king suites with their own private baths. On the 4th floor you will find the look-out tower with gulf views and the queen loft area that provides 360-degree views. Call to arrange your private showing of "Coconut Castle" TODAY!

Elementary School Middle School High School
Van R Butler Elementary School Emerald Coast Middle School South Walton High School
Price History
4/19/2021 Listed $1,895,000

General Features

Appliances Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Area 15 - Miramar/Sandestin Resort
As Is No
Assessment Fees No
Elementary School Van R Butler
Energy AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect, Water Heater - Two +
Financing Conventional
High School South Walton
Homestead No
Middle School Emerald Coast
Project Facilities Deed Access, Pool, TV Cable
Rooms Bedroom, Bonus Room, Dining Area, Great Room, Master Bathroom, Master Bedroom
Sub Area 1502 - Southwest Walton South
Utilities Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
Zoning Resid Single Family

Interior Features

Interior Features Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Fireplace, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Lock Out, Washer/Dryer Hookup, Wet Bar, Window Treatment All
Mstr Bdrm/mstr Bath MBath Double Vanity, MBath Garden Tub, MBath Separate Shwr, MBath Tile, MBed Balcony
Stories 4.0
Total Baths 7.00
Total Bedrooms 8

Exterior Features

Acreage 0.11
Construction/siding Stucco
Design Beach House
Driveway Spaces 4.00
Exterior Balcony, BBQ Pit/Grill, Columns, Hot Tub, Patio Covered, Patio Open, Pool - In-Ground, Shower
Lot Description Within 1/2 Mile to Water
Lot Dimensions 50x100
Number of Garage Spaces 1.00
Pool Y/N Yes
Waterview Gulf


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32550

AVG $2.01M
AVG $7,776
AVG 100
Year Built
AVG 2005
AVG 27
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.