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64 Cobia Street

Destin, FL 32541
  • $2,799,000
  • STATUS: Active
  • ON SITE: 172 Days
  • MLS #: 926018
UPDATED: 69 min ago
$2,799,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,883
    SQFT
  • $573
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1993
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Creative Sale Option! Buyer is able to purchase the seller's LLC and take over the low interest debt (3.99%) on this gorgeous cash flowing property! Discover 'The View' a luxurious coastal retreat in Destin's sought-after Crystal Beach neighborhood. Set on a prime corner lot just a stone's throw from the Gulf of Mexico, this remarkable compound offers stunning gulf views and presents a rental potential of over $325,000 annually as a short term rental. The property features two beautifully updated residences with 8 bedrooms and 5 bathrooms total. The main house greets you with an open layout, abundant natural light, a cozy fireplace, and a gourmet kitchen equipped with high-end appliances. The master suite... ...stands as a haven of relaxation, boasting a king bed and a balcony with awe-inspiring views. A separate carriage house is fitted with two spacious bedrooms, a full kitchen, and laundry facilities. Add to this a captivating game room on the lower level, ideal for entertainment. Outdoor living shines with a private heated pool, hot tub, a shaded bar area, and parking for up to 6 vehicles. Being sold turn-key with stylish, coastal designer furnishings throughout, this property stands as an impressive addition to any investment portfolio. Nestled near world-class restaurants, boutique shopping, and prime golf courses, "The View" promises a lifestyle of luxury and comfort in one of Destin's most desirable locales. Enjoy exceptional returns from this high-end rental property in the heart of coastal living.

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© 2023 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Back Stage Realty. Vendor Member number: 28178. Data last updated: 2023-12-11T12:04:56.91.
Vendor Member #28178.
www.backstagerealty.com/homes/140793893
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64 Cobia Street Destin, FL 32541

  • Price: $2,799,000
  • Status: Active
  • On Site: 172 Days
  • Updated: 69 min ago
  • MLS #: 926018
8
Beds
5
Baths
0
½ Baths
0.17
Acres
4,883
SQFT
$573
$/SQFT
1993
Built
Neighborhood:
Crystal Beach
County:
Okaloosa
Area:
Destin
Elementary School:
Destin
Middle School:
Destin
High School:
Fort Walton Beach
Property Description
Creative Sale Option! Buyer is able to purchase the seller's LLC and take over the low interest debt (3.99%) on this gorgeous cash flowing property! Discover 'The View' a luxurious coastal retreat in Destin's sought-after Crystal Beach neighborhood. Set on a prime corner lot just a stone's throw from the Gulf of Mexico, this remarkable compound offers stunning gulf views and presents a rental potential of over $325,000 annually as a short term rental. The property features two beautifully updated residences with 8 bedrooms and 5 bathrooms total. The main house greets you with an open layout, abundant natural light, a cozy fireplace, and a gourmet kitchen equipped with high-end appliances. The master suite... ...stands as a haven of relaxation, boasting a king bed and a balcony with awe-inspiring views. A separate carriage house is fitted with two spacious bedrooms, a full kitchen, and laundry facilities. Add to this a captivating game room on the lower level, ideal for entertainment. Outdoor living shines with a private heated pool, hot tub, a shaded bar area, and parking for up to 6 vehicles. Being sold turn-key with stylish, coastal designer furnishings throughout, this property stands as an impressive addition to any investment portfolio. Nestled near world-class restaurants, boutique shopping, and prime golf courses, "The View" promises a lifestyle of luxury and comfort in one of Destin's most desirable locales. Enjoy exceptional returns from this high-end rental property in the heart of coastal living.
Exterior Features

Architectural Style Beach House Carport YN No Construction Materials FrameRoof MetalVinyl Siding Exterior Features Rain GutterBalconyBBQ Pit/GrillColumnsDeck CoveredDeck OpenFenced Lot-PartGuest QuartersLawn PumpPatio CoveredPool - HeatedPool - In-GroundPorchSeparate Bldg RentSeparate Living AreaSprinkler System Lot Features CornerLevelSidewalkWithin 1/2 Mile to Water Lot Size Dimensions 50x150 Pool YN Yes Road Frontage Type City Street View Gulf

Interior Features

Appliances Auto Garage Door OpnDishwasherDisposalDryerIce MachineMicrowaveOven Self CleaningRefrigeratorSmoke DetectorStove/Oven GasWasher Cooling Ceiling Fan(s)Central Air Cooling YN Yes First Floor Bedroom Yes Interior Features Breakfast BarBuilt-In BookcasesCeiling BeamedCeiling CathedralCeiling Crwn MoldingCeiling RaisedConverted GarageFireplaceFloor HardwoodFloor LaminateFloor TileFurnished - AllHallway Bunk BedsLighting RecessedOwner's ClosetPantrySplit BedroomWasher/Dryer HookupWet BarWindow BayWindow Treatment All Primary Bedroom First Floor Yes Rooms Total 15

Property Features

Buyer Financing ConventionalOwnerVA New Construction YN No Pool Type Private Property Condition Construction Complete Property Sub Type Detached Single Family Tax Amount 17855.07 Tax Year 2022 Utilities ElectricGas - NaturalPhonePublic SewerPublic WaterTV Cable Zoning Resid Single Family

Listing courtesy of Exp Realty Llc: 888-883-8509.


© 2023 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Back Stage Realty. Vendor Member number: 28178. Data last updated: 2023-12-11T12:04:56.91.
Vendor Member #28178.
 
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