3590 Waverly Circle, Destin, FL

$1,499,000

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4

Beds

3

Baths

1,768

Square feet

0.14

Acres

Description of 3590 Waverly Circle

Exceptional investment opportunity with a proven track record of strong rental income. This beautifully maintained property generated more than $150,000 in gross rental revenue in 2025 and already has over $128,000 in confirmed bookings for 2026. In addition, future bookings from May 2026 through December 2027 currently exceed $175,000, offering immediate cash flow and outstanding income potential for the next owner. Located on Holiday Isle within Destin Pointe, a gated and private beachfront community, this exceptional four-bedroom home offers both lifestyle and performance in one of Destin's most desirable resort settings. The home features multiple lake-view decks, convenient access to the sugar-white sands of the East Pass, and a private pool ideal for relaxing after a day on the water. An oversized driveway provides ample parking -- a rare and valuable feature in this community. Inside, the thoughtfully designed layout showcases stainless steel appliances, quartz countertops, a new gas range, crisp wainscoting, and a striking grid-pattern ceiling that adds custom coastal character. Extensive recent upgrades enhance the home's turnkey appeal and provide peace of mind, including a new HVAC cooling unit, 47-gallon water heater, pool heater, pool pump with LED lighting, and a resurfaced pool with updated tile. The pool deck has been renovated with new stone pavers, and exterior woodwork has been repaired and freshly painted, complemented by new fencing and a pergola installation. Additional improvements include a full interior repaint, updated lighting, comfort-height toilets, new washer and dryer, new microwave and dishwasher, all new smart TVs, custom bunk beds, new mattresses throughout, updated furnishings, and a new Weber grill. An outdoor shower further elevates the private pool experience. Residents and guests of Destin Pointe also enjoy access to exceptional community amenities, including tennis courts, three community pools (one heated), and two hot tubs, enhancing both owner enjoyment and rental appeal. A rare opportunity to own a high-performing investment property that seamlessly blends strong income potential with the sought-after Destin Pointe coastal lifestyle.

Legal Description

DESTIN POINTE LOT 28

Features of 3590 Waverly Circle

MLS® # 995903
Price $1,499,000
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 1,768
Acres 0.14
Year Built 1999
Type Detached Single Family
Sub-Type Detached Single Family
Style Beach House
Status Active

Community Information

Address 3590 Waverly Circle
Area 14 - Destin
Subdivision DESTIN POINTE
City Destin
County Okaloosa
State FL
Zip Code 32541

Amenities

Utilities Electric, Gas - Natural, TV Cable
View Lake
Is Waterfront Yes
Waterfront Lake Front
Water View Lake
Has Pool Yes
Pool In Ground

Interior

Interior Features Breakfast Bar, Bookcases, Walls Wainscoting, Washer/Dryer Hookup
Appliances Dishwasher, Dryer, Microwave, Washer, Gas Water Heater
Heating Gas - Natural
Cooling Gas, Ceiling Fan(s)
Fireplace Yes
Fireplaces Fireplace Gas
# of Stories 2

Exterior

Exterior Features Balcony, Private Yard
Lot Description Covenants, Sidewalk, Within 1/2 Mile to Water
Windows Double Pane Windows
Roof Metal
Construction Masonite, Stucco
Foundation Foundation On Piling

School Information

Elementary Destin
Middle Destin
High Fort Walton Beach

Additional Information

Zoning Resid Single Family

Listing Details

OfficeGo Coastal Realty LLC

Price History for MLS #995903

Date Details Change
Price Reduced from $1,599,000 to $1,499,000 $100,000 (6.25%)
Price Reduced from $1,665,000 to $1,599,000 $66,000 (3.96%)
Price Reduced from $1,690,000 to $1,665,000 $25,000 (1.48%)

For more information call

(850) 325-0004

Listing Map

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