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$1,750,000

Beds
4
Baths
3.5
sq ft
3,344

176 Rue Martine, Miramar Beach, FL 32550

176 Rue Martine

Miramar Beach, FL 32550

  • 169 days on market
Back on Market due to no fault of the seller! Welcome to Shore Beach Working! 176 Rue Martine awaits within the prestigious and exclusive gated community of Caribe. Once inside the gate, the enchantment begins as you travel through a mature canopy of oaks and tropical landscaping to the entrance of this fabulous Mediterranean two-story villa. A walled yard graced by palms, flowering crepe myrtles, and a magnolia tree provides a beautiful tropical setting. A columned veranda overlooks these grounds along with a matching veranda above, inviting you to experience outdoor living with upscale furnishings provided to enjoy the tranquility of Caribe.Shore Beach Working, designed by Carey McWhorter and handcrafted by Jerome Wilkerson, is of second-to-none quality. This home offers four bedrooms and 3.5 baths, expansive porches on two levels, ample seating, and, most importantly, a deeded private beach! 176 Rue Martine is an ideal primary, second home, or vacation rental for investment income. Once inside, mottled parchment-colored tile flooring flows throughout while soaring ceilings provide a spacious look. Regal arched portal openings topped with decorative sconce ledges lead from one large open area into another. They include a tropically inspired dining area featuring a long rustic table beneath a vintage sconce chandelier with seating for ten off the open Gourmet Kitchen with a granite-topped bar with saddle stool seating. This kitchen has a warm, charming look with European-styled country cabinetry topped with crown molding, glass-front cases, and stainless steel appliances. The living area nearby has two couches and matching armchairs draped with sky-blue safari-style slipcovers. They provide a casual, comfortable seating ensemble around a thick hardwood plank drink table and face a flatscreen TV mounted above a dormant fireplace mantle. Throughout this home, Vibrant d??cor features colorful paintings of tropical scenes, whimsical beach art, and sculpture work. The regal Master Bedroom is on the first floor with a king-sized bed, a scrolled antique bed bench, a charming bluish-gray colored armoire, an armchair with an ottoman, access to its private patio, and a full en suite bath. This luxurious bath has double vanities, a striking mottled granite countertop, a soaking tub, and a walk-in shower. The three beautifully furnished Guest Bedrooms are upstairs. One is like another Master Suite with a queen-sized bed, a custom built-in desk with shelving, private access to the upper floor veranda, and a full en suite bath. The two other Guest Bedrooms share a connected full bath with a queen-sized bed in one and four twin beds in the other, which are perfect for a slumber party. The Caribe neighborhood features two lavishly landscaped swimming pools with bathroom facilities, tennis courts, a pier that juts out into a lovely lagoon, and a bright, beautiful beach. Its fantastic location places you close to popular gulf front restaurants, grocery stores, wine shops, and Silver Sands Premium Outlets, which features bargains on world class goods. Championship golf courses are nearby, and one of them at Seascape provides special reduced rates for Ocean Reef guests. Delightful amusements just minutes away include the enchanting New Orleans French Quarter inspired Village of Baytowne Wharf and swank Grand Boulevard at Sandestin. They feature fun festivals year-round, firework celebrations, open-air concerts, lots of restaurants, lively bars, specialty shops, fashion boutiques, and galleries.

Details

Property type

Single Family Residence

Est. home value

$1,788,584

Lot size

6,534 sq ft

Price per sq ft

$524

Year built

2003

HOA fee

$2,125

Price History

08/27/2024
EmeraldCoast

EmeraldCoast #951823

Listed
$1,750,000
08/15/2024
EmeraldCoast

EmeraldCoast #951823

Pending
$1,750,000
06/07/2024
EmeraldCoast

EmeraldCoast #951823

Listed
$1,750,000
+88.17%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated, Pool, Tennis Court(s)

Seller’s Loan History

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

Lender

Iberiabank

Loan start date

December 2017

Original loan amount

$836,070

Est. remaining balance

Not provided

Interest rate

3.94%

Loan type

Commercial

Seller

Melvin L Watkins and Wilhelmina B Watkins

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?

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Status: Active

Tomo last checked: 11/23/2024 at 6:45 AM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Chris Taylor, Chris Taylor, Ocean Reef Realty Inc Phone #: (850) 837-3935

MLS: EmeraldCoast #951823

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