171 round road
rosemary beach
$2,628,800
5 BEDS 6 BATHS 3687 SQFT
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This home, well cared for by the original owner, South of 30A, is positioned ideally on a corner lot just a 1 to 2 minute walk to The Beach, The Coquina Pool, The Tennis Center and a children's playground and will end 2017 with $180,000 in gross rentals. The main home features 4 bedrooms and 5 bathrooms, two ensuite. It also features a large third floor great room that includes two queen sleepers sofas and an extra sleeping area along with one of the full baths. The kitchen is a chef's delight with a built in Sub Zero refrigerator, a Viking range, a prep sink and two Bosch dishwashers. The Carriage House features an extraordinarily functional kitchen, full sized stairs to the bedroom area, washer and dryer and a bath. The home is a turnkey rental operation and because of the architectural design and flow, the main house and carriage house rent easily separately or together. It can also be used as a family vacation home or residence. In 2016 actual gross rental income was $160,000. In 2017 actual gross rental will reach $180,000. This does not include cleaning fee, taxes, deposit insurance or other add on fees. The original owner has managed the home from the beginning and has a clientele exceeding 2500 contacts. Repeat business is a substantial portion of gross rent. In addition, the rental rates remain below market due to owner limitation on occupancy, The main home is limited to 10 while it can accommodate 14 comfortably. A new owner can expand revenue, and the current owner can continue to manage the property if desired. This property by all measures represents the best single value single family home south of 30a in Rosemary Beach as a rental, on a price per square foot basis and in its excellent maintenance. This unique home known as Creole Plantation (Main) and Creole Cottage (Carriage) was designed by Patrick Mulberry and built by OB Laurent Construction. The original owner has meticulously maintained the home and manages this vacation rental to loyal and consistent guests who return year after year. There are massive livable porches on the first and second level comprising more than 1,250 square feet with an exterior stairwell from the first level to the second level. There is an enclosed outdoor shower. The open plan features 8 sets of Mahogany French doors that open to the porches and open the home to the outside. The construction materials include concrete block and stucco, cedar siding, real wood windows, Spanish cedar shutters, copper Bevalo gas lanterns and a standing seam metal roof. The inside features heart pine flooring and travertine stone. The cherry wood beams in the open living space of the second floor accentuate the 11 foot ceilings. Appliances include a Viking 5 burner double oven range, Vent-a-Hood, a Subzero built in refrigerator and two Bosch dishwashers. FIRST FLOOR MAIN: The first floor has two master suites with King beds and ensuite bathrooms. There is a third bedroom with a queen bed which has its own full bathroom across the hallway. There is a foyer, hallway, laundry area, and interior stairwell on the first floor. Outside, there are porches on the west and north sides, an exterior stairwell to the second floor, and a private outdoor shower with storage area for beach items. SECOND FLOOR MAIN: The second floor has an open living, dining and kitchen area. There are five French doors that open to porches on the west and north sides of the home. A gourmet kitchen opens to the living/dining area and has professional appliances including 2 dishwashers, 48" Gas Viking Stove with convection oven, and large 48" Subzero Refrigerator with freezer. There is a private King bedroom that overlooks the garden with a full bathroom across the hallway. An interior stairwell allows access to first or third floors. There is an exterior stairwell to access the lower porch. The third floor is a bonus living area with limited gulf views. There are two Queen sleeper sofas, and several comfortable chairs. There is a private alcove which has a twin bed with a twin trundle. There is also a bathroom with a shower. CARRIAGE HOUSE: The Carriage house is on the corner of St George's Lane and Round Rd and uniquely designed to be private from the main house and has a traffic pattern that exits St. George's Lane to the south where the main house exits onto Round Rd on the west. Ground Level has 2 car garage, private outdoor courtyard with fountain, outdoor enclosed shower, and inline natural gas for cooking on a large gas grill. A exterior stairwell leads to the balcony on south and west sides. Second Floor features 2 french doors off the balcony to enter the surprisingly spacious open living/dining area, professionally designed kitchen, and full bathroom with shower and washer and dryer. One can actually cook in style with a stainless steel built in Northland refrigerator/freezer, Gagennau 4 burner gas cooktop, Ventahood, Bertazonni built in convection oven, Gagennau dishwasher and corian counter tops with a large sink. The ceiling is heart of pine with beams. One of its best features is a traditional full staircase to the loft, which allows all age groups to easily access the loft and its living area safely. This design sets it apart from many other carriage houses which have a ladder, spiral staircase, or alternating staircase to access the loft. Third floor has large open area used as bedroom. Exterior construction materials consistent with main house. Interior construction materials are heart of pine, beaded board walls on 2nd floor and stairwell, heart of pine ceilings with beams, travertine stone. Re-painted most of the interior in November 2015 and just completed exterior painting in November 2016. All air handlers and exterior air compressors are new since 2014 including the carriage house compressor in 2016 Total of 4 Units. The property is decorated for easy rental operations and guest comfort and has consistently produced over $155,000 in gross rentals over the last several years.

  • Design
  • Year Built2002
  • Square Footage3687
  • Stories3
  • Construction
  • MLS#766168
  • Appliances
  • Interior Features
  • Energy
  • Acreage0.08
  • Lot Dimensions48 x 77
  • Lot Access
  • Lot Description
  • Waterfront
  • Waterview
  • Parking
  • Utilities
  • Subdivisionrosemary beach
  • Schools
  • HOA Includes
  • HOA Fee$0.00
  • Project Facilities