65 Cobia Street, Destin, FL 32541

$3,800,000
  • 65 Cobia Street, Destin, FL 32541 Main Photo

54 Total Photos [Click to View All]

New to the Market Active
BEDS8 BATHS8 full 1 partial SQUARE FEET4,810 MLS#999871
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCRYSTAL BEACH

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 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.Neither Airbnb nor VRBO offer a transfer option. However, the seller will make all reasonable efforts to facilitate the transfer of 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.

65 Cobia Street | MLS# 999871

This single family home located at 65 Cobia Street, Destin, FL 32541 is currently listed for sale with an asking price of $3,800,000. This property was built in 2023 and has 8 bedrooms and 8 full and 1 partial baths with 4810 sq. ft. Cobia Street is located in the CRYSTAL BEACH subdivision. Search CRYSTAL BEACH real estate on www.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Home Style: Contemporary
Lot Size: 0.17 Acres
Stories: 4.0
Taxes: $24,595
Year Built: 2023

Feature Descriptions

Appliances: Water Heater - Elect
Lot Dimensions: 50x150
Parcel Number: 00-2S-22-0580-0005-0190
Pool Features: Pool Type
Property Condition: Construction Complete
Rooms Total: 10
Sewer: Septic Tank
Sub Type: Detached Single Family
Utilities: Community Water, Electric, Gas - Natural

Room Sizes

Bedroom: 16 X 13 Level - First
Bedroom: 13 X 13 Level - First
Living Room: 14 X 19 Level - First
Dining Area: 23 X 19 Level - First
Kitchen: 16 X 19 Level - First
Living Room: 23 X 14 Level - Second
Bedroom: 13 X 13 Level - Second
Bedroom: 15 X 13 Level - Second
Bedroom: 16 X 12 Level - Second
Bedroom: 16 X 13 Level - Second

Local Schools

High School: Destin
Middle School: Destin
Elementary School: Destin

Listed By / Shown By

Listed By

Agency Name: Century 21 Wimco Realty Inc

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

IDX logo

Estimate Your Payment

Estimated Payment

$ 11,615.07 per month $8,457.15 Principal & Interest $2,049.58 Property Tax $1,108.33 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel