Investment Opportunity Abounds! Don't miss the unique opportunity in Rosemary Beach with one of the largest lots available at 62x123. The lot is full of mature landscaping and ultimate privacy steps away from the St. Augustine Green and Rosemary Beach homeowners pool & pavilion. 89 E. Kingston offers an investor to build their dream estate with HOA approval to build a 2-car garage, carriage house, pool and outdoor living space. 89 E Kingston is nestled within the tranquil offering an enchanting retreat, where sprawling grounds adorned with majestic pines and magnolia trees paint a picturesque backdrop. The 3 Bed and 3.5 Bath residence, thoughtfully designed with oversized bunk room, effortlessly combines coastal charm with practical elegance. Each bedroom boasts its own ensuite bath and porch to enjoy the amazing lot. The open kitchen and family room ensures seamless living for entertaining. As you step inside the home, you will be greeted by an abundance of natural light, creating an atmosphere of warmth and hospitality. With over 650 sq ft of inviting porches spanning both levels, there's ample space for relaxation and entertaining amidst the coastal breeze.
The home has been meticulously cared for by the same devoted owners for a decade, this property stands a testament to enduring quality and routine maintenance. With an impressive owner-managed rental income averaging over $160K annually, alongside consistent 5-star online ratings, this residence presents not only a place to call home, but a lucrative investment opportunity or a masterpiece for a second or full-time residence. New HVAC, Hot Water Heaters and gutters were installed in 2022.
Ideally situated mere steps from the pristine Gulf, boutique shopping, and world class dining, this exceptional abode offers the perfect fusion of luxury, convenience, and coastal allure. Do not let this chance slip away- immerse yourself in the quintessential Rosemary Beach lifestyle, where your next investment beckons with promise and possibility.