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65 Cobia St, Destin, FL 32541

$3,800,000
8
BD
9
BA
4,810
SqFt

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List Price
$3,800,000
Days on Market
113
MLS#
999871
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
8
Bathrooms
9
Full Bathrooms
8
Half Bathrooms
1
Living Area
4,810
Lot Size
7,405
Neighborhood
Destin Beach West

Property 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.

Additional Information

Acres
0.17
Appliances
Electric Water Heater
Style
Contemporary
Elementary School
Destin
High School
Destin
Legal Description
Crystal Beach Lot 19 Blk 5
Middle School
Destin
Neighborhood
Destin Beach West
Stories
4
Subdivision
Crystal Beach
Utilities
Septic
Year Built
2023
Zoning
Resid Single Family

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Calculator source: Real Geeks

Listing courtesy of Century 21 Wimco Realty Inc.

Vendor Member Number : 28166