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20 N Payne Street, Miramar Beach, FL 32550

Miramar Beach
Local realty services provided by:CENTURY 21 Wimco Realty, Inc.
20 N Payne Street,Miramar Beach, FL 32550
$1,810,000
  • 7 Beds
  • 8 Baths
  • 3,130 sq. ft.
  • Single family
  • Active
Listed by: alexander d lamberson
Office: beach house sales and development
MLS#:1007479
Source:FL_ECAR

Price summary

  • Price:$1,810,000
  • Price per sq. ft.:$578.27

About this home

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 in late February, with projected revenue for 2027 estimated between $190,000 and $210,000. The home is purpose-built to maximize occupancy and revenue, featuring five king suites with private bathrooms...

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Home facts

  • Year built:2025
  • Subdivision & Development:Blue Ohana
  • Listing ID #:1007479
  • Added:58 day(s) ago
  • Updated:September 09, 2026 at 03:47 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:8
  • Full bathrooms:7
  • Half bathrooms:1
  • Rooms Total:9
  • Kitchen Description:Dishwasher, Ice Machine, Microwave, Range Hood, Refrigerator, Refrigerator/Icemaker, Stove/Oven Electric
  • Living area:3,130 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:2025
  • Building area:3,130 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Corner, Covenants, Curb & Gutter, Sidewalks
  • Architectural Style:Beach House
  • Exterior Features:Balcony, Fenced Area, Sprinkler System

Schools

  • High school:Destin
  • Middle school:Emerald Coast
  • Elementary school:Van R Butler

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$1,810,000
  • Price per sq. ft.:$578.27
  • Tax amount:$824 (2025)

Features and amenities

  • Appliances:Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Refrigerator w/Ice Maker, Stove/Oven Electric, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Breakfast Bar, Kitchen Island, Wet Bar
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. CENTURY 21 Wimco Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Wimco Realty, Inc., a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Emerald Coast Association Of REALTORS®. All rights reserved. FL_ECAR Member Broker: Charles Wimberly Jr

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