DavidMilstead
BEDS5
BATHS4 full
SQUARE FEET3,185
MLS#683090
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONVilla Segunda
Property Description
Sand and Light Beach House - Set directly on the sugar-white sands of Pensacola Beach, 706 Ariola offers a rare opportunity to own a luxury Gulf-front retreat that seamlessly blends elevated coastal living with compelling investment potential. This exceptional beachfront residence features 3,185 square feet of thoughtfully designed living space plus an additional 484 square feet of bonus space. Designed for effortless entertaining, the home features a dramatic chef's kitchen anchored by a 15-foot waterfall-edge island, expansive open-concept living spaces, breathtaking Gulf views, a beautiful electric fireplace with customizable LED lighting and heat settings, and multiple indoor and outdoor gathering areas. Additional highlights include an owner's garage, private direct beach access, and elevator-ready construction for future convenience. A transferable DEP-approved private pool permit with plans already in place creates meaningful value and future upside. As an established luxury vacation rental, the property generated $170,623 in gross revenue in 2024 and $189,436 in 2025, with current professional management identifying significant upside through enhanced marketing and amenity optimization.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s)
Garage: 2
Heating: Central
Home Style: Contemporary
Lot Size: 0.30 Acres
Property Type: Single Family Residence
Stories: 3.0
Year Built: 1997
Amenities
Storage
Bookcases
Cathedral Ceiling(s)
Ceiling Fan(s)
High Ceilings
High Speed Internet
Wet Bar
Bonus Room
Balcony
Barbecue
Feature Descriptions
Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
Community Features: Beach
Construction Materials: Frame
Dining Room: Breakfast Bar, Living/Dining Combo
Exterior: Frame
Flooring: Marble
Foundation: Pillar/Post/Pier
Kitchen: Remodeled, Laminate Counters
Lot: Central Access
Lot Dimensions: 0.30 acre(s)
Pets Allowed: Yes
Sewer: Public Sewer
Utilities: Cable Available
Water: Public
Waterfront: Gulf, Waterfront, Beach Access
Zoning: Res Single
Room Sizes
Primary Bedroom: 16 X 15 Level - Third
Bedroom 2: 11 X 14 Level - 4
Local Schools
High School: Gulf Breeze
Middle School: GULF BREEZE
Elementary School: A.K. Suter
Listed By / Shown By
Listed By
Agency Name: PARADISE COASTAL REALTY, INC.
Agency Phone: 850-932-0067
Shown By
Agent Name: David Milstead
Agent Phone: (251) 458-8202
Agency Title: Bellator Real Estate
Estimate Your Payment
Estimated Payment
$ 20,352.28 per month $19,185.62 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,166.67 Homeowner's InsuranceChange Payment Information
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706 Ariola Dr | MLS# 683090
This single family home located at 706 Ariola Dr, Pensacola Beach, FL 32561 is currently listed for sale with an asking price of $4,000,000. This property was built in 1997 and has 5 bedrooms and 4 full baths with 3185 sq. ft. Ariola Dr is located in the Villa Segunda subdivision. Search Villa Segunda real estate on davidmilstead.gobellator.com today.