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Affordable Investment Home in Crystal Beach, Florida

Posted by Tim Shepard - Broker on Tuesday, January 7th, 2020 at 5:19pm.

Nantucket Cottages - Beachview Home for Sale

69 Crystal Beach Drive UNIT 7, Destin, FL 32541| MLS  #837588| $485,000

Nantucket Cottages, Destin, Florida

We don't see listings very often in the desirable Nantucket Cottages, Destin, Florida. This is one of the few Destin communities to purchase affordable investment properties for detached family homes. Located in Crystal Beach, right across the street from the Gulf of Mexico, this is a dream property for both vacationers and home owners alike.

The floor plan accommodates both large and smaller rental groups as each floor is completely self-sufficient. The lock-out style design consists of two levels with each containing a full kitchen, bedroom, and bunk area that is well appointed and decorated in the current coastal style and colors. The cheery exterior has recently been professionally painted and features Hardie Board siding with vinyl trim. The roof is a composite shingle.

The owners have recently invested heavily in significant upgrades including new paint, countertops, stainless appliances, and furnishings. Similar cottages in the area have generated in excess of $50,000 in gross rentals. As an investment or weekend getaway, this residence is ready to go.

View this complete listing now

Quick Facts

  • 2 Bedrooms, 2 Full Baths
  • 2-Storey, 1,200 sq.ft.
  • Gulf waterview
  • Some furnishings
  • Appliances include new stainless steel fridge, stove and microwave on both levels
  • Community pool and beach access

1st Floor - Main Area

The first floor features a bright living room with kitchen / dining area. Sliding doors lead out to Scenic 98 biking/walking trail.

Main living area Nantucket Cottages, Destin, Florida

The Kitchen

The full kitchen has been completely renovated with new appliances, cabinets, countertops and backsplash.

Kitchen at Nantucket Cottages, Destin, FL

Bedroom & Bath

The bedroom features an opening window, ceiling fan and closet. A bunk area down the hall provides additional sleeping quarters.

Bedroom at Nantucket Cottages, Destin, FL

1st floor bath at Nantucket Cottages, Destin, FL

2nd Floor - Main Area

Similar to the 1st floor, the sliding doors in the main area open to a covered patio facing the Gulf of Mexico.

The kitchen, bedroom, bunks and bathroom are a mirror image to that found on the 1st floor.

2nd floor living room at Nantucket Cottages, Destin, FL

2nd floor bedroom at Nantucket Cottages, Destin, FL

2nd floor bunks at Nantucket Cottages, Destin, FL

2nd floor bathroom at Nantucket Cottages, Destin, FL

The Grounds

 The front of the home leads to a convenient beach access, right across the road. The back leads to a quiet community pool with patio.

Pool at Nantucket Cottages, Destin, FL

Overhead shot at Nantucket Cottages, Destin, FL

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Nantucket Cottages

In addition to the heated pool and sundeck, Nantucket Cottages offers a BBQ area and of course, easy beach access. Built in 1994, there are a total of 40 units that include 10 studios and 30 one-bedroom units. Floor plans range from 800 - 1,200 square feet and the one-bedrooms have additional hall bunks for extra bedding.

This is a desirable Destin property where homes don't come up often and when they do, sell relatively quickly.

  # Listings Avg. DOM Avg. Price Avg. Price/SqFt Median Price Median Price/SqFt Avg. % Reduced Highest
Active 2 128 $480,000 $400 $480,000 $400 0% $485,000
Sold (Last Year) 2 104 $472,500 $394 $472,500 $394 4% $477,000

Biggest Sales by Month

Feb. 2020 - 69 Crystal Beach Drive 3, Destin, FL - $477,000

Photo of Listing #831728
Detached Single Family
  • 2 Beds
  • 2 Baths
  • 1,200 SQFT
View details

Rental Machine!! $52k Projected Gross Income! Gulf And Pool Views!! Completely Remodeled! This Adorable Beach Cottage Would Be A Great Rental Or Second Home. Located Across The Street From The Beach On Scenic 98. Very Short Walk To The Beach! 1 Be...

Listing Updates


Logo for Destin Real Estate, LLC

Tim Shepard, Broker/Owner
Destin Real Estate, LLC
Cell: (850) 259-4133
Toll Free: (866) 678-SOLD


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