3463 Scenic Hwy 98, Destin, FL

$6,495,000

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8

Beds

9

Baths

6,465

Square feet

0.31

Acres

Description

Welcome to Splash! This vacation rental is an investor's dream come true, being one of the best (if not THE best) renting properties anywhere. As of today, the 2022 bookings are already over $600K....which is the base rent only. It already has over $70K booked for 2023! In addition to the rent, a substantial amount of additional income is generated by ancillary fees and services. Boasting the largest private, resort-style pool in Destin, it has another unique asset which almost no other home in the area can offer. As it is PERMANENTLY grandfathered by the Bert Harris act, it is not subject to the restrictive occupancy & parking ordinances recently imposed by the City of Destin (please see the attached document). Most other rental homes which have achieved this status, are onlygrandfathered for 5 years....with only 2-3 years remaining. This one is forever, guaranteeing continued higher revenue in the future. Sleeping 34 people, it's ideal for large reunions, weddings, parties, retreats and such. Splash also offers a beautiful outdoor kitchen & fireplace, 3 full-size washers & dryers, numerous refrigerators & ice machines, a huge open living area with lots of room for dining, 7 balconies, a sunken bar in the pool (with 12 underwater chairs), huge garage, game room and a 4th story rooftop deck so you can enjoy sunset every day. The home is just steps to the beach, walking distance to restaurants and close to shopping, golf, dining and all activities our beautiful paradise has to offer! Because the owners have decided to voluntarily make some improvements and upgrades (for example, adding a roof to the third floor balcony, decorative tile work in the outdoor kitchen and changing some stone work around the pool), they are NOT PERMITTING SHOWINGS UNTIL COMPLETION on February 8th. You may submit an offer contingent upon a personal inspection. Proof of funds must accompany any offers and a CRSP-16 is preferred.

Features of 3463 Scenic Hwy 98

MLS® # 889145
Sold Price $6,495,000
List Price $6,495,000
Bedrooms 8
Bathrooms 9.00
Full Baths 8
Half Baths 1
Square Footage 6,465
Acres 0.31
Year Built 2015
Type Detached Single Family
Sub-Type Detached Single Family
Style Beach House
Status Sold

Community Information

Address 3463 Scenic Hwy 98
Area 14 - Destin
Subdivision GRAND PALMS S/D
City Destin
County Okaloosa
State FL
Zip Code 32541

Amenities

Amenities Beach, Community Room, Pool, Tennis
Utilities Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
Parking Spaces 2
Parking Garage Attached, Oversized
# of Garages 2
Is Waterfront No
Has Pool Yes
Pool Pool - Gunite Concrt, Pool - In-Ground, Private

Interior

Interior Features Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace, Floor Tile, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Lighting Track, Newly Painted, Pantry, Shelving, Washer/Dryer Hookup, Wet Bar
Appliances Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Ice Machine, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Stove/Oven Gas, Washer, Wine Refrigerator
Cooling AC - 2 or More, AC - Central Elect, Ceiling Fans
Has Basement No
Fireplace Yes
Fireplaces Fireplace
# of Stories 3

Exterior

Exterior Frame, Stucco
Exterior Features Balcony, BBQ Pit/Grill, Columns, Deck Covered, Fenced Back Yard, Fenced Privacy, Hot Tub, Patio Open, Pool - Gunite Concrt, Pool - In-Ground, Shower, Sprinkler System, Summer Kitchen
Lot Description Within 1/2 Mile to Water
Construction Frame

School Information

Elementary Destin
Middle Destin
High Fort Walton Beach

Additional Information

Days on Website 158
Zoning Resid Single Family
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 2472.74
HOA Fees Freq. Annually

Listing Details

OfficeKeller Williams Realty Destin

Listing Map

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