4 months on rocket

56 Ruth St, Miramar Beach, FL, 32550

$1,795,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
6 Full Baths
3,079 SqFt
$583/SqFt
House

Location

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56 Ruth St, Miramar Beach$1,795,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2021
CoolingCeiling Fan(s)
Private PoolYes
MLS #953903
Lot Size0.11 Acres
StatusActive

About 56 Ruth St

Welcome to your next investment opportunity in The Villas of Frangista located in Miramar Beach, FL! This spacious 7-bedroom, 6-bathroom home at 56 Ruth Street offers a prime location with private deeded beach access, making it an ideal vacation rental property. Step inside this 3079 square foot home and discover a well-appointed interior thats perfect for hosting guests. With ample space for indoor/outdoor entertainment and relaxation. The propertys vacation rental actuals for 2023 reached an impressive $168,000, and the projection for 2024 is $175,000, showcasing its potential for a lucrative return on investment. Whether youre looking to expand your real estate portfolio or seeking a smart income-generating opportunity, this home is a must-see. The layout offers flexibility for accommodating large groups, and the proximity to the beach ensures a desirable vacation experience for renters. Dont miss out on this chance to own a successful vacation rental property with private beach access. Schedule a showing today and take the first step towards a profitable real estate investment!(

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • Year Built: 2021
  • Stories: 3
  • Living Area: 3,079 SqFt

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Jessica H Foy

Interior Features

Interior Information:

  • Appliances: Dryer, Freezer, Electric Oven, Washer
  • Interior: Kitchen Island, Owners Closet, Washer/Dryer Hookups

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony, Fenced Privacy, Pool - Heated, Pool - In-Ground, Sprinkler System

Lot Features

Lot Information:

  • Lot: Within 1/2 Mile to Water
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Scenic Hwy 98, Turn onto Miami Street. Continue through the gate and turn left on to Ruth Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,795,000
  • Price Per SqFt: $583/SqFt

HOA Fees:

  • Amount: $425
  • Frequency: Quarterly
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Housing Market Comparison

See how this home compares to others in Miramar Beach, FL.

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Miramar Beach, FL

City

Med. Sold Price

$751K

Med. Price/SqFt

$489

Avg. Days On Market

101

# of Sold Homes

32

56 Ruth St vs Miramar Beach

145 DAYS ON ROCKET

+44 Days

$1,795,000

+$1.0M More

$583/SqFt

+$94 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $94/SqFt more than other homes in Miramar Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #953903

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Jessica H Foy

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/25/2024, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,167

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,448

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1566285
7
/10

  • Destin Elementary School

  • 630 Kelly St

  • 6.92 miles

  • Public District Grades PK-4

school-card-donut-1566286
8
/10

  • Van R. Butler Elementary School

  • 6694 W County Highway 30A

  • 7.07 miles

  • Public District Grades KG-5

school-card-donut-1566287
10
/10

  • Bluewater Elementary School

  • 4545 Range Rd

  • 7.90 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,250. Most Miramar Beach, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 56 Ruth St

What is the listing price of this property?

The listing price of 56 Ruth St property is $1,795,000.

What type of property is this?

The property 56 Ruth St is a house located in Miramar Beach, Florida, 32550.

Is this property for sale now?

Active Listing: 56 Ruth St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 56 Ruth St has 7 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 56 Ruth St is 3,079 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 56 Ruth St is 2021.

Rocket Homes›Florida›Walton County›Miramar Beach›32550›56 Ruth St

This home is located at 56 Ruth St in Miramar Beach, FL and zip code 32550. This 3,079 square foot home, which was built in 2021, sits on a 0.11 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $1,795,000.

While more than 0 listings in Miramar Beach, FL in October 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 23 were sold below. The number of homes for sale in Miramar Beach, FL increased by 6.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $751,000, while the average time on the real estate market was 101 days.

From Rocket Homes Real Estate and based on county public records data.

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