108 Walton Magnolia Lane, Inlet Beach, FL 32461

$5,350,000
Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 3,034 Lot Size (sq. ft.): 11,326 Status: Sold
Current Price: $5,495,000 List Date: 12/18/2020 Last Modified: 10/22/2024

Description

Spectacular Gulf-Front Compound. Fully-Renovated home boasting Strong Rental Income of $300,000 for 2020 and $292,000 on the books for 2021. As you enter through the front door there's a beautiful shiplap accented foyer and to your right you'll notice a wide open game room with a ping pong table, arcade games, and two adjoining bedrooms, one of which is a bunk-room, making this the perfect hangout space for the kids. Moving along to the 2nd level offers breathtaking views of the gulf that begin to shine bright as you ascend to the top of the staircase. This 2nd level holds light-filled living spaces with beautiful coastal decor, a wide open kitchen with stainless steel appliances, a dining room with stunning gulf vistas, and a large guest bedroom with ensuite bath.

Supplements: Also on this level is a wonderful and spacious balcony overlooking a private gulf-front pool and offering abundant space for entertaining and gathering. Continuing on to the 3rd level you'll find 3 additional bedrooms, including 2 master suites and another bunk room. And of course there's a gulf-facing balcony on this level where the views are absolutely spectacular. This property has a gulf-front pool with plenty of spots for lounging in the sun, a private boardwalk to the beach, PLUS 54 feet of private beachfront belonging exclusively to this residence. Location is top-notch with quick access to wildly popular 30A favorites like Rosemary and Alys Beach, shopping and restaurants at 30Avenue, and less than 30mins from Panama City Beach's international airport. This home would make a tremendous investment property or 2nd home. Call today for your private tour.

More Information MLS# 861158

Status Change Info

Status: Sold Under Contract Date: 2021-03-13 Sold Date: 2021-05-06 Sold Price: $5,350,000 Sold Price/SqFt: 1763.35

Contract Info

List Date: 2020-12-18 Current Price: $5,350,000 List Price: $5,495,000 List Price/SqFt: 1811.14 Listing Board: Emerald Coast

Location Tax and Legal

Area: 18 - 30A East Street #: 108 Street Name: Walton Magnolia Street Suffix: Lane State: FL Zip Code: 32461 County: Walton Project Name/Subdivision: NO RECORDED SUBDIVISION Parcel ID: 36-3S-18-16100-000-2502

General Property Info

Sub-Type: Detached Single Family Design: Beach House Apx SqFt(Htd/Cooled): 3034 SqFt Source: Agent-Measured Bedrooms: 6 Full Baths: 5 Total Bathrooms: 5 # Stories: 3 Year Built: 1997 Immediate Occupancy: Yes Garage: No Carport: No Acreage: 0.26 Pool: Yes Pool Type: Private

Waterfront

Waterfront Feet: 54

Property Features

Construction Status: Construction Complete Lot Features: Dead End; Within 1/2 Mile to Water Zoning: Resid Single Family Waterfront: Gulf Waterview: Gulf Exterior: Balcony; Fenced Back Yard; Patio Covered; Pool - In-Ground Interior: Breakfast Bar; Furnished - All; Owner's Closet; Window Treatment All Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator W/IceMk; Stove/Oven Electric; Washer Utilities: Electric; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: Third Bedroom: Second; Third Kitchen: Second Living Room: Second Rooms: Bedroom; Dining Area; Garage; Kitchen; Living Room; Loft; Master Bedroom; Storage

Room Information

Living Room Level: Second Dimensions: 30 x 13.5 Length: 30.00 Width: 13.50 Dimensions: 30 x 13.5 Master Bedroom Level: Third Dimensions: 18 x 14 Length: 18.00 Width: 14.00 Dimensions: 18 x 14 Bedroom Level: Second Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Bedroom Level: Third Dimensions: 12.5 x 11 Length: 12.50 Width: 11.00 Dimensions: 12.5 x 11 Bedroom Level: Third Dimensions: 15.9 x 10.9 Length: 15.90 Width: 10.90 Dimensions: 15.9 x 10.9 Storage Level: First Dimensions: 18.4 x 10.3 Length: 18.40 Width: 10.30 Dimensions: 18.4 x 10.3 Dining Area Level: Second Dimensions: 13 x 11 Length: 13.00 Width: 11.00 Dimensions: 13 x 11 Kitchen Level: Second Dimensions: 12 x 10.9 Length: 12.00 Width: 10.90 Dimensions: 12 x 10.9 Loft Level: Fourth Dimensions: 12.8 x 9.4 Length: 12.80 Width: 9.40 Dimensions: 12.8 x 9.4 Garage Level: First Dimensions: 19 x 16.3 Length: 19.00 Width: 16.30 Dimensions: 19 x 16.3
Listing Office: 30A Homes Sales
Last Updated: October - 22 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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