116 50th street

Under contract-accepting backup offers. Welcome to Summer Paradise! Discover the epitome of island luxury in this expansive, one-of-a-kind beach home, thoughtfully designed and offering a proven track record as a successful short-term rental. Nestled on an oversized 12,400-square-foot lot, this custom-built property boasts over 4,300 square feet of living space (6,500 square feet under roof) and is fully furnished, complete with an established rental history and bookings secured for 2025. This exquisite home features 6 bedrooms plus a bunkroom area, 6.5 baths, including five ensuite bedrooms for ultimate comfort. The dream kitchen is a chef’s delight, equipped with a gas range, Sub-Zero refrigerator, U-Line under-counter fridge, wine cooler, and a spacious butler's pantry. Designed with both relaxation and entertainment in mind, the outdoor oasis includes a lagoon-style heated pool with a waterfall, waterslide, and hot tub, surrounded by ample living spaces, multiple screened-in porches, and a cabana outfitted with a TV and natural gas fireplace. The crowning jewel is the rooftop deck, offering breathtaking 360-degree views of the Gulf and Bay—perfect for sunsets or stargazing. Just steps from the sugar sands of the Gulf of Mexico, this property is a favorite among vacationers and an ideal investment opportunity. Additional highlights include a large theater room, an office nook, and stunning custom woodwork throughout. Whether you're seeking a profitable vacation rental or your private island retreat, this home offers unmatched luxury and charm. Schedule your showing today and step into your dream beachside lifestyle!