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Phenomenal Beachside Investments on the Florida Gulf Coast

Posted by Tim Shepard - Broker on Friday, September 27th, 2019 at 1:56pm.

top investment rentals on the Florida Gulf Coast

Outstanding Investment Potential in the Destin, Florida Area!

Destin and 30A area homes and condos are frequently recognized as having the best rate of return to be found throughout the United States.  It's easy to understand why. Millions of visitors return year after year to enjoy our beautiful Gulf Coast beaches, abundant estuaries, bayous, and amazing fishing,  What makes a great investment? That's easy, find a property with great cash flow and upside appreciation potential. I've picked four of the best currently on the market.


1. South of 30A | San Remo Custom Home - $1,495,000

4049 W County Hwy 30a, Santa Rosa Beach, FL - MLS #830331

ACTUAL RENTAL: $130,000 plus per year

San Remo home in Santa Rosa Beach, FL

Why we love this listing

What's not to love about this property, here are just a few reasons why this is such a great investment opportunity.

1. Additional Development and Amazing Upside

Half of this large property is undeveloped and would be perfect for a cabana with additional sleeping, outdoor bar, and enhanced amenity area.

2. Updated and Move-In Ready

The owner of this Santa Rosa Beach home has spent over $150,000 on renovations and updates. Features like ship lap accents, crown molding, and quartz countertops in the kitchen and wet bar have completely given this home a new, fresh look. This house is completely move-in or rental ready once the new owner takes over.

3. Perfect as a Luxury Group Rental

At over 4,200 square feet with 6 bedrooms and 5 bathrooms, this home caters to the high-end renter. Perfect for large groups, amenities include:

  • private pool
  • outdoor shower
  • huge paver deck
  • deeded beach access

In addition, residents also may take advantage of the community facilities at San Remo, which include:

  • pool
  • hot tub
  • workout facilities
  • additional parking

San Remo Listing Details
Browse all Homes for Sale in Santa Rosa Beach


2. Lakeside at Blue Mountain Beach - $797,222

55 Matts Way, Santa Rosa Beach, FL 32459 - MLS #826150

Rental Projections: $62,000 per year

Home at 55 Matts Way, Santa Rosa Beach, FL 32459

Why we love this listing

1. A Step Above

This home is a step above some of the other rental properties in the Blue Mountain Beach area. This is a custom build with only the highest quality materials such as impact resistant windows and 2 x 6 framing. The professional interior design is just as impressive. From the subtle satin brass cabinet pulls, to the dramatic Aqua Grunge tile surrounding the fireplace, the decor was well thought out and fits in perfectly with the Beach House design and coastal setting.

This is an investment rental that will attract an upscale renter and encourage repeat visitors and referrals.

2. Location

Situated in Lakeside at Blue Mountain Beach, the home backs onto the Forest at Point Washington State Park, offering privacy and convenience. The Scenic Highway 30A, bike path, community pool, and the beach are just a short walk.

55 Matts Way Listing Details
Browse all Homes for Sale in Blue Mountain Beach


3. Destin West Beach & Bay Resort - Gulfside - $510,000

1515 SE Miracle Strip Pkwy Unit 610, Fort Walton Beach, FL - MLS #820015

Rental Projections: $60,000 per year

Condo for sale at Destin West Beach & Bay Resort - Gulfside

Why we love this listing

1. Potential Rental Machine

A beachfront penthouse in a premier vacation getaway - this property has the potential to be a complete rental machine. In fact, similar units have grossed more than $60,000 annually. As with the San Remo property, this condo has been completely renovated, comes fully furnished and ready to rent.

2. Beachfront Location

The Gulf front setting is just what folks are looking for in a Destin rental property. Destin West Resort is a popular destination, situated on beautiful Okaloosa Island with it's long stretch of white sandy beach. There are amenities galore, and the bayside lagoon lazy river pool is the largest on the island. The gulf-side zero entry pool is just steps from the turquoise waters of the Gulf of Mexico.

Destin West Condo Listing Details
Browse all Condos for Sale in Destin West Beach & Bay Resort


4. Holiday Surf & Racquet Club - $350,000

510 Gulf Shore Dr Unit 409, Destin, FL - MLS #828497

Rental Projections: $35,000 per year

Condo for sale at Holiday Surf

Why we love this listing

1. Amazing Value

At just $350,000, this Destin condo offers excellent value for a rental property. Perfect for the seasoned investor, or someone just starting out, it's a nice 1 bedroom, 1 bath condo with minimal maintenance. The beachfront location and breathtaking views alone, are worth the price here. This unit has been updated with new flooring, kitchen cabinets, cambria counter tops, stainless steel appliances, smooth ceilings, new paint and drywall, lighting and fresh furnishings. 

2. Proven Location

Holiday Surf & Racquet Club condos is a longstanding, sought after vacation destination in Destin, Florida. Located in the community of Holiday Isle, amazing white sand beaches and the sparkling, emerald green Gulf waters are at your doorstep. There are tons of amenities plus easy access to miles of paved walkways off Gulf Shore Drive. 

This is a turnkey investment opportunity, all you have to do is deposit the checks.

Condo Listing Details
Browse all Condos for Sale in Holiday Surf & Racquet Club


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Logo for Destin Real Estate, LLC

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

https://www.browsedestin.com

 

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