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3590 Waverly Cir, Destin, FL 32541

$1,599,000
4
BD
3
BA
1,768
SqFt

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List Price
$1,599,000
Price Change
▼ $66,000 1779241116
Days on Market
156
MLS#
995903
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
4
Bathrooms
3
Full Bathrooms
3
Living Area
1,768
Lot Size
6,098
Neighborhood
Destin Beach West

Property Description

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.

Additional Information

Acres
0.14
Appliances
Dishwasher, Dryer, Microwave, Washer, LP Gas Water Heater
Style
Beach House
Elementary School
Destin
Exterior Features
Balcony, Private Yard
High School
Fort Walton Beach
Interior Features
Breakfast Area, Bookcases, Wainscoting, Washer Hookup
Legal Description
DESTIN POINTE LOT 28
Lot Features
Covenants, Sidewalks
Middle School
Destin
Neighborhood
Destin Beach West
Community Features
BBQ Pit/Grill, Community Room, Fishing, Gated, Minimum Rental Period, Picnic Area, Pool, Tennis Court(s), Spa/Hot Tub
Stories
2
Subdivision
Destin Pointe
Waterfront Features
Lake Front
View
Lake
Year Built
1999
Zoning
Resid Single Family

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Go Coastal Realty LLC.

Vendor Member Number : 28166