High-performing income property located in the gated community of Destin Pointe, PURPOSE-BUILT FOR SHORT TERM RENTAL SUCCESS. This proven vacation rental has generated $171,229 in 2024, and $162,102 in 2025, with $125,706 already on the books for 2026, providing immediate income for a new owner. The home is intentionally designed for group and multi-family bookings, featuring TWO SEPERATE LIVING SPACES with two full kitchens and no interior stairwell, allowing guests to vacation together while maintaining privacy?an ideal setup for extended families, multi-couple groups, and repeat rental guests. While this layout differs from a traditional single-family floor plan, it has consistently driven strong rental performance and repeat bookings. OUTDOOR AMENITIES include a PRIVATE HEATED IN-GROUND POOL, GARAGE W/ SPACE FOR GOLF CART STORAGE, DEEDED BEACH ACCESS, BEACH FRONT INFINITY POOL, and a seasonal community tram providing convenient access to the beach. Recent improvements include a 2024 metal roof and water heater, 2022 HVAC, and fresh interior and exterior paint, helping reduce near-term capital expenses. The seller is willing to continue professional property management at just 15%, offering a seamless transition for investors seeking a HANDS-OFF OWNERSHIP EXPERIENCE. This is an opportunity for buyers focused on net income, bookings in place, and cash-flow potential, rather than a traditional second-home layout. Ideal for investors or second-home buyers who prioritize revenue generation over cost offset in one of Destin's most established short-term rental communities.
Listed By
Agency Name: Lokation
Shown By
Agency Title: Premier Property Group
Agency Phone: 850-337-1555
Estimated Payment
$ 4,482.54 per month $3,093.54 Principal & Interest $983.58 Property Tax $405.42 Homeowner's Insurance
3587 Waverly Circle | MLS# 993129
This single family home located at 3587 Waverly Circle, Destin, FL 32541 is currently listed for sale with an asking price of $1,390,000. This property was built in 2000 and has 5 bedrooms and 4 full baths with 2695 sq. ft. Waverly Circle is located in the DESTIN POINTE subdivision. Search DESTIN POINTE real estate on www.premierfl.com today.