65 Cobia Street, Destin, FL

$3,800,000

Previous Next

8

Beds

9

Baths

4,810

Square feet

0.17

Acres

Description

Short term rental powerhouse featuring a designer-grade ocean view home with 3rd floor covered deck, 4th floor rooftop deck, three separate living spaces, private heated pool with splash deck and tanning shelf, and massive 22 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Less than 280 feet from the sugar sand beach ensures high occupancy. Includes a free six-seater golf cart, grill, and two paddleboards for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Seller will make all reasonable efforts to facilitate the transfer of future reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections are included in the documents section of this listing.

Legal Description

Crystal Beach Lot 19 Blk 5

Features of 65 Cobia Street

MLS® # 999871
Price $3,800,000
Bedrooms 8
Bathrooms 9.00
Full Baths 8
Half Baths 1
Square Footage 4,810
Acres 0.17
Year Built 2023
Type Detached Single Family
Sub-Type Detached Single Family
Style Contemporary
Status Active

Community Information

Address 65 Cobia Street
Area 14 - Destin
Subdivision CRYSTAL BEACH
City Destin
County Okaloosa
State FL
Zip Code 32541

Amenities

Utilities Community Water, Electric, Gas - Natural, Septic Tank

Interior

Appliances Electric Water Heater
Heating Gas - Natural
Cooling Central Air
# of Stories 4

School Information

Elementary Destin
Middle Destin
High Destin

Additional Information

Zoning Resid Single Family

Listing Details

OfficeCentury 21 Wimco Realty Inc

For more information call

(850) 325-0004

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?