$1,361,000
Destin, FL 32541
MLS# 993129
Status: Sold
5 beds | 4 baths | 2695 sqft
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Property Description
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
Details
Maps
Status Change Info
Status: Sold
Under Contract Date: 2026-02-18
Sold Date: 2026-03-27
Sold Price: $1,361,000
Sold Price/SqFt: 505.01
Contract Info
List Date: 2026-01-18
Current Price: $1,361,000
List Price: $1,390,000
List Price/SqFt: 515.77
Listing Board: Emerald Coast
Location Tax and Legal
Area: 14 - Destin
Street #: 3587
Street Name: Waverly
Street Suffix: Circle
State: FL
Zip Code: 32541
County: Okaloosa
Project Name/Subdivision: DESTIN POINTE
Parcel ID: 00-2S-24-0110-0000-0170
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 2695
SqFt Source: County PA Records
Bedrooms: 5
Full Baths: 4
Total Bathrooms: 4
# Stories: 2
Year Built: 2000
Immediate Occupancy: No
Garage: Yes
Carport: No
Garage Spaces: 1
Driveway Spaces: 2
Acreage: 0.11
Pool: Yes
Pool Type: Private
Property Features
Construction Status: Construction Complete
Lot Features: Flood Insurance Req; Within 1/2 Mile to Water
Zoning: Resid Single Family
Parking Features: Garage; Guest
Project Facilities: Beach; Deed Access; Fishing; Gated Community; Pavillion/Gazebo; Picnic Area; Pool; Short Term Rental - Allowed; Tennis
Exterior: Balcony; BBQ Pit/Grill; Fenced Back Yard; Pool - In-Ground; Porch; Sprinkler System
Interior: Breakfast Bar; Ceiling Raised; Floor Tile; Floor Vinyl; Furnished - All; Owner's Closet; Renovated; Washer/Dryer Hookup; Window Treatment All
Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer
Utilities: Electric; Public Sewer; Public Water; TV Cable
Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect
Master Bedroom: Second
Bedroom: First; Second
Kitchen: Second
Living Room: First
Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom
Assumable Mtg Typ: Qualify Required
Financing: Conventional; Other
Fees Include: Accounting; Management; Master Association; Recreational Faclty; Trash; TV Cable
Existing Leases: Daily/Weekly
Supplements
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.
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Dining Room | Second | 25 x 16 | 25.00 | 16.00 | 25 x 16 |
| Kitchen | Second | 11 x 8 | 11.00 | 8.00 | 11 x 8 |
| Master Bedroom | Second | 17 x 14 | 17.00 | 14.00 | 17 x 14 |
| Bedroom | Second | 15 x 10 | 15.00 | 10.00 | 15 x 10 |
| Bedroom | Second | 14 x 10 | 14.00 | 10.00 | 14 x 10 |
| Living Room | First | 17 x 12 | 17.00 | 12.00 | 17 x 12 |
| Bedroom | First | 11 x 10 | 11.00 | 10.00 | 11 x 10 |
Listing Office: Lokation
Last Updated: March - 27 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.