56 Ruth Street

Miramar Beach, FL 32550

$1,795,000
Price
7
Beds
6
Baths
3,079 Sq. Ft.
$583 / Sq. Ft.
3,079
Sq. Ft.
$583
per Sq. Ft.

Description

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 that's perfect for hosting guests. With ample space for indoor/outdoor entertainment and relaxation. The property's vacation rental actuals for 2023 reached an...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 that's perfect for hosting guests. With ample space for indoor/outdoor entertainment and relaxation. The property's 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 you're looking to expand your real estate portfolio or seeking a smart income-generating opportunity, this home is a must-see.

Property Details for 56 Ruth Street

Subdivision
FRANGISTA BEACH 2ND ADDN
MLS Sub Area
1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Zoning
Resid Single Family
LISTING UPDATED: 10/31/2024 01:22 PM

Property Details for 56 Ruth Street

StatusActive
MLS #953903
Days on Market141
Taxes-
HOA Fees$425 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built2021
Lot Size0.11 AC / 4,791 SF
CountyWalton County

Building Information for 56 Ruth Street

Stories3Year Built2021Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 56 Ruth Street

Summary
Location and General Information
  • Absolute Longitude: 86.377768
  • Directions: From Scenic Hwy 98, Turn onto Miami Street. Continue through the gate and turn left on to Ruth Street.
  • Longitude: -86.377768
  • Latitude: 30.381681
Taxes and HOA Information
  • Assessment Fees: Yes
  • Assessment Paid: Quarterly
  • Assessment Amount: $425
School Information
  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle School: Emerald Coast
Utilities
  • Utilities: Electric,Gas - Natural,Public Sewer,Public Water
Parking
  • Garage YN: No
Property
Parking
  • Carport YN: No
  • Driveway Spaces: 5.0
Lot Information
  • Stories: 3.00
  • Area: 15 - Miramar/Sandestin Resort
  • Building Design: Beach House
  • Lot Dimensions: 50x100
  • Lot Features: Within 1/2 Mile to Water
  • Lot Features: Coastal Barrier Zone: No
  • Lot Parcel Access: Controlled Access,Paved Road
Property and Assessments
  • Project Facilities: Beach,Deed Access,Gated Community,Pool,Short Term Rental - Allowed
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Exterior: Balcony, Fenced Privacy, Pool - Heated, Pool - In-Ground, Sprinkler System
  • Homestead: No
  • Pool: Yes
  • Pool Type: Private
Interior Features
  • Appliances: Dryer,Freezer,Smoke Detector,Stove/Oven Electric,Washer
  • Energy: AC - 2 or More,Ceiling Fans,Water Heater - Tnkls
  • Interior: Kitchen Island, Owner's Closet, Washer/Dryer Hookup
Room Information
Room Information
  • Bedroom: First,Second,Third
  • Living Room: First
  • Master Bedroom: Second
  • Master Bedroom and Master Bathroom: MBed First Floor
  • Rooms: Bedroom,Kitchen,Living Room,Master Bedroom
Kitchen
  • Kitchen: First
Room 1
  • Dimensions: 18 x 17
  • Length: 18.0
  • Width: 17.0
  • Level: 1
  • Area: 306.0
Room 2
  • Dimensions: 18 x 12
  • Length: 18.0
  • Width: 12.0
  • Level: 1
  • Area: 216.0
Room 3
  • Dimensions: 14 x 13
  • Length: 14.0
  • Width: 13.0
  • Level: 1
  • Area: 182.0
Room 4
  • Dimensions: 12 x 10.8
  • Length: 12.0
  • Width: 10.8
  • Level: 1
  • Area: 129.6
Room 5
  • Dimensions: 12 x 13
  • Length: 12.0
  • Width: 13.0
  • Level: 2
  • Area: 156.0
Room 6
  • Dimensions: 13.4 x 10.3
  • Length: 13.4
  • Width: 10.3
  • Level: 2
  • Area: 138.02
Room 7
  • Dimensions: 13 x 21.6
  • Length: 13.0
  • Width: 21.6
  • Level: 2
  • Area: 280.8
Room 8
  • Dimensions: 12.9 x 15.7
  • Length: 12.9
  • Width: 15.7
  • Level: 3
  • Area: 202.53
Room 9
  • Dimensions: 15 x 10.9
  • Length: 15.0
  • Width: 10.9
  • Level: 3
  • Area: 163.5
Rental
Rental Information
  • Is Subject Leased: No

Property History for 56 Ruth Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 56 Ruth Street

Taxable ValueLand$450,000Additions$858,813Total$1,308,813
Tax Record2023$11,892 ($991 / month)
Home Facts
Beds7Total Finished SqFt3,052 SqFtAbove Grade Finished SqFt3,052 SqFtStories3Lot Size4,966 SqFtStyleSingle Family ResidenceYear Built2021CountyWALTONAPN32-2S-21-42050-00E-0060

Schools near 56 Ruth Street

This home is within Walton.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 12
Rating
School
Distance
Van R. Butler Elementary School
PublicK to 5

Emerald Coast Middle School
Public6 to 8

South Walton High School
Public9 to 12

Seaside Neighborhood School
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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56 Ruth Street is a single family home for sale in Miramar Beach, FL 32550. This property was listed for sale on July 3, 2024 by Compass, it's currently listed at $1,795,000. It has been on the market for a total of 141 days and was last sold on May 15, 2020. This listing's school district is Walton. Nearby schools include Van R. Butler Elementary School, Emerald Coast Middle School and South Walton High School. 56 Ruth Street is a 7-bed, 6-bath, 3,079 sqft single family home built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.