Looking to make some serious cash from a luxury vacation rental in sunny Florida? Well, look no further because this stunning property is not only social media-approved, but it also has the potential to bring in over a million dollars a year in rental income. Listing agent Jonathan Spears, founder of Spears Group, reveals that a week’s stay could earn you more than $50,000. Located at 8364 East County Highway in Inlet Beach, this magnificent $22 million beach house has already gained immense popularity on TikTok, amassing a staggering 17 million views since its viral video tour in June. Situated halfway between Destin and Panama City on Florida’s Gulf Coast, it lies in the heart of Scenic Highway 30A, often dubbed the “Hamptons of the South,” attracting a diverse range of residents from corporate executives to country music stars.
If you have $14.95 million to spare, you can even become the proud owner of Luke Bryan’s luxurious coastal estate, just four miles down the road. However, if your goal is to invest in an Airbnb or VRBO rental, 8364 East County Highway is your best bet. This expansive property boasts nine bedrooms, ten bathrooms, and ample entertainment space, making it the perfect location for unforgettable parties. Furthermore, the 7,966-square-foot pad includes a spacious 2,140-square-foot attached garage capable of accommodating nine cars. Resting on a .61-acre lot with a gated private parking court, the entire property exudes exclusivity and intrigue.
Recognizing the potential for 30A to become the next emerging luxury market, Spears firmly believes in the future profitability of this location. The house itself was designed by Allison Ramsey Architects, a renowned South Carolina-based firm known for their work on the 1998 HGTV Dream Home. With almost 8,000 square feet of space, this sprawling residence offers prime waterfront views. Its stunning infinity-edge pool, complete with a swim-up bar, spans an impressive 65 feet and provides endless panoramas of the emerald waters of the Gulf of Mexico. Other notable features include a hot tub, an elevator accommodating two to three people, and a chef’s kitchen equipped with high-end appliances and ample prep space.
Rest assured, this house is built to stand up against any obstacle Mother Nature throws its way. From hurricane-resistant glass to concrete block construction, it is designed to withstand even the harshest conditions. At an elevation of 30 feet above sea level, it ranks among the highest elevations along the Gulf of Mexico, stretching from Mexico all the way to the Florida Keys. Additionally, with 69 feet of linear gulf frontage, guests have access to a private beach.
The seller of this remarkable property, a prominent local developer who prefers to remain anonymous, originally constructed the house as a legacy spec project. One of Spears’ personal favorites, the infinity-edge pool, offers unparalleled views of the Gulf of Mexico. Moreover, the home features three-bedroom suites on the upper floors, each with its own indoor and outdoor living areas and private balconies showcasing breathtaking sunset vistas. While property taxes are estimated to be just under $25,000 annually, the potential to earn substantial rental income makes this a worthwhile investment.
It’s important to remember that hosting on platforms like Airbnb comes with its own challenges. Proper screening of guests is imperative, as one negative review can have a significant impact on your reputation. However, with a potential nightly rate of over $7,000, a long weekend stay in this beachfront home can easily generate $25,000 in revenue. So, if you’re ready to capitalize on the luxury vacation rental market, this Florida gem may just be your golden opportunity.
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