20 N Payne Street
Miramar Beach, FL 32550
$1,810,000
Active
Description
The current property management company is offering a $170,000 rental income guarantee for 2027, providing a compelling opportunity for investors seeking both immediate cash flow and downside protection. Welcome to 16 Blue Ohana Court in Miramar Beach, a fully furnished and turnkey 7-bedroom, 7.5-bath luxury vacation rental designed for strong short-term rental performance and immediate income generation. This spacious three-story home comfortably sleeps up to 22 guests and is being sold completely rental-ready, including a brand-new 6-seat street-legal golf cart, allowing for a seamless transition for any investor. The property already has over $130,000 in bookings secured for 2026 and is projected to finish the year at approximately $170,000 in rental income despite a delayed start
Listing details MLS# 1007479
Location, Tax and Legal
- Area
- 15 - Miramar/Sandestin Resort
- Sub area
- 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
- Subdivision
- Blue Ohana
- County
- Walton
- Parcel ID
- 30-2S-21-42990-000-0020
- Tax year
- 2025
- Annual tax
- 823.84
- Legal description
- LOT 2 BLUE OHANA PB 26-62
- Zoning
- Resid Single Family
General Property Info
- Property type
- Residential
- Year built
- 2025
- Acreage
- 0.09
- Lot size (sq ft)
- 3920.4
- Lot dimensions
- 90x46
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 7
- Bathrooms
- 8
- Full baths
- 7
- Half baths
- 1
- Building area
- 3130
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Floor Tile, Floor Vinyl
- Interior features
- Breakfast Bar, Ceiling Crwn Molding, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Walls Paneled, Washer/Dryer Hookup, Wet Bar, Woodwork Painted
- Appliances
- Dishwasher, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Tnkls
- Total rooms
- 9
Exterior and Site
- Construction
- Frame, Siding CmntFbrHrdBrd, Siding Shake
- Roof
- Roof Metal
- Foundation
- Slab
- Exterior features
- Balcony, Fenced Back Yard, Pool - Gunite Concrt, Sprinkler System
- Patio and porch
- Patio Covered
- Pool features
- Pool - Heated, Pool - In-Ground, Pool Type
- Fencing
- Fenced Privacy
- Road surface
- Paved
- Road frontage
- Private Road
Utilities
- Utilities
- Electric, Public Water
- Sewer
- Public Sewer
Schools
- Elementary
- Van R Butler
- Middle school
- Emerald Coast
- High school
- Destin
Association and Fees
- Association
- Yes
- Fee includes
- Ground Keeping, Management
Remarks and Misc
- Directions
- Use GPS
