tomo logo

$1,199,000

Beds
3
Baths
3.5
sq ft
2,045

107 Sarasota St, Miramar Beach, FL 32550

107 Sarasota St

Miramar Beach, FL 32550

  • 1 day on market
Frangista Beach Retreat: A Beach Lover's Dream Welcome to Frangista Beach Retreat, your perfect Gulf Coast Getaway. This stunning property boasts handpicked furniture and finishes that embody the essence of a coastal retreat. From the inviting white front porch with a glider swing and Adirondack chairs, surrounded by mature foliage, to your morning coffee or evening cocktail spot, this home offers ultimate relaxation. Enjoy a peaceful stroll down the winding path through the lush green space, leading to the community pool just steps from your back door. With two privately-deed beach accesses, your favorite beach service will be ready to provide chairs and umbrellas upon your arrival. As you step into the cozy living room, you'll be greeted by luxury infinity flooring with wood-like tiles throughout the house. Stocked nooks feature games, and movies, for entertainment. The dining area comfortably accommodates a large farm table, perfect for family gatherings, and a breakfast bar. The open kitchen features granite countertops and stainless-steel LG appliances and is stocked with all the necessary cutlery, dinnerware, and cookware for any occasion.While Frangista Retreat is a wonderful second home, it also has a proven track record for generating impressive rental income despite heavier owner usage. The thoughtfully designed bedroom layout offers maximum comfort and occupancy. The first-floor suite features a king bed with double bunks, a soft blue palette, a large walk-in closet, and a sophisticated travertine bath. French doors lead out to the back patio, overlooking the green space and oak trees. The community pool is just within reach, and the beach is only minutes away via 2 deeded accesses off Old Scenic Highway 98.Upstairs, the split floor plan includes double queen-size bunks with a suite bath, complete with a soaking tub and separate shower. There's even a children's nook with books to keep the little ones entertained. The master suite offers a private retreat with a covered balcony, a white wicker ensemble, and 2 closets (one Walk-in). The luxurious master bath features travertine flooring, a separate soaking tub, a shower, and double vanities.Additional features of this home include carpet in the upstairs bedrooms with pet protection as well as three owner's closets (one stocked with extra covers for the IKEA furniture).Frangista Beach is your gateway to the beach and a place to create unforgettable memories. Don't miss the chance to own this beautiful high-end home by the Gulf Coast.For Inquiries and showings, contact us today!

Details

Property type

Single Family Residence

Est. home value

$1,121,081

Lot size

4,966 sq ft

Price per sq ft

$587

Year built

2004

Annual property taxes

$7,137

Monthly HOA fee

$176.67

Price History

03/19/2025
CentralPanhandle

CentralPanhandle #770698

Listed
$1,199,000
+94.8%
12/05/2019
EmeraldCoast

EmeraldCoast #833891

Sold
$615,500
+15.05%
06/02/2015
EmeraldCoast

EmeraldCoast #708469

Sold
$535,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$627,369
Asking price
$1,199,000
Closing costs (~8% of asking)
-$95,920
Est. remaining loan balance
-$475,711
Cash to seller
$627,369

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

December 2019

Original loan amount

$531,900

Est. remaining balance

$475,711

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Arthur Joesph Temple Ii and Christopher Patrick Wynne

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 5:00 PM

Listing updated: 04/01/2025 at 12:50 PM

Listed by: Mike S Herring, Keller Williams Realty Emerald Phone #: (850) 654-2900

MLS: CentralPanhandle #770698

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