$5,995,000
For Sale

46 Vermilion Way

Santa Rosa Beach, FL 32459
6 beds | 7.00 baths | #958720
Browse 79 photos
Type:Purchase
Structure:House
Zone:Residential

Description

A Prime Investment Opportunity! This home is perfect for those seeking a lucrative investment property or personal retreat, with an impressive rental history of $430K in 2023 and currently on track to do over $400K for 2024! One of the top rentals in all of WaterColor! Welcome to ''Vermillionaire, the home everyone wants to visit--and never leave. This stunning 6,082 sq. foot custom-built vacation home located in WaterColor's Lake District, just moments from Western Lake and biking distance to the beach. This exceptional retreat offers the ultimate in luxury and fun, featuring the ''largest private pool'' in WaterColor, and an array of entertainment options.

  • Property Details
      • InteriorCeiling Raised, Fireplace Gas, Floor Hardwood, Furnished - All, Guest Quarters, Kitchen Island, Lighting Recessed, Owner's Closet, Pantr
      • Exterior FeaturesBalcony, BBQ Pit/Grill, Deck Enclosed, Deck Open, Fenced Back Yard, Fenced Privacy, Fireplace, Guest Quarters, Hot Tub, Patio Covered, Pat
      • AppliancesAuto Garage Door Opn, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Ice Machine, Microwave, Oven Double, Oven Self Cleaning
      • Community FeaturesBeach, Deed Access, Dock, Fishing, Pets Allowed, Pickle Ball, Playground, Pool, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront
      • EnergyAC - 2 or More, AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Tnkls
      • Utility FeaturesElectric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
      • Lot FeaturesCul-De-Sac, Dead End, Restrictions, Within 1/2 Mile to Water
      • Lot Size59 x 166 x 52 x 86 x 118
      • Exterior MaterialsRoof Metal, Siding Wood
      • Property SubtypeDetached Single Family
      • Property ConditionConstruction Complete
      • Middle SchoolEmerald Coast
      • High SchoolSouth Walton
      • StyleBeach House
      • SubdivisionWATERCOLOR
      • Elementary SchoolDune Lakes
      • Hoa Fee FrequencyQuarterly
      • Property TypePurchase
      • Taxes Annual$44,673
      • Hoa Fees1460.00
      • Cost5995000
      • MLS #958720
      • MLS #958720
      • Bathrooms7.00
      • Year Built2015
      • Taxes Annual Year2023
      • ParkingYes
      • Bedrooms6
      • Pool1
      • Parking Spaces2

Location

Marsha AdamsonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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