64 Cobia St, DESTIN

$2,799,000

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8 Beds
5 Baths
4,883 Sqft
.17 Acre
0 Garage

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.

Essential Information

Status
Active
MLS® #
926018
Price
$2,799,000
Days On Website
313
Bedrooms
8
Bathrooms
5.00
Full Baths
5
Square Footage
4,883
Acres
0.17
Year Built
1993
Type
Residential
Sub-Type
Detached Single Family
Style
Beach House

Community Information

Address
64 Cobia St
Area
Destin
SubArea
04 DESTIN BEACHES EAST
Subdivision
Crystal Beach
City
DESTIN
County
OKALOOSA
State
FL
Zip Code
32541

Amenities

Amenities
Short Term Rental - Allowed
Has Pool
Yes

Utilities

Electric Available, Gas - Natural, Phone Available, Public Sewer Available, Public Water Available, TV Cable Available

Pool

Pool - Heated, Pool - In-Ground, Community, Private

Interior

Fireplace
Yes
Fireplaces
Fireplace
# of Stories
3

Interior Features

Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Cathedral, Ceiling Crwn Molding, Ceiling Raised, Converted Garage, Fireplace, Floor Hardwood, Floor Laminate, Floor Tile, Furnished - All, Hallway Bunk Beds, Lighting Recessed, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Window Bay

Appliances

Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven:Self Cleaning, Refrigerator, Smoke Detector, Stove/Oven Gas, Washer

Cooling

A/C: Central Electric, A/C: High Efficiency, Ceiling Fans

Exterior

Roof
Roof Metal
Construction
Frame
Foundation
Siding Vinyl

Exterior

Frame, Roof Metal, Siding Vinyl

Exterior Features

BBQ Pit/Grill, Balcony, Columns, Deck Covered, Deck Open, Fenced Lot-Part, Guest Quarters, Lawn Pump, Patio Covered, Pool - Heated, Pool - In-Ground, Porch Covered, Separate Bldg Rent, Sprinkler System, Separate Living Area, Rain Gutter

Lot Description

Corner, Level, Sidewalk, Within 1/2 Mile Of Water

School Information

Elementary
DESTIN
Middle
DESTIN
High
FORT WALTON BEACH

Additional Information

Days on Website
313
Zoning
Residential Single Family
HOA Fees
0.00

Listing Details

Office
EXP Realty LLC
Property History
Price Reduced from $2,849,000 to $2,799,000
Price Reduced from $2,899,000 to $2,849,000
Price Reduced from $2,972,000 to $2,899,000
Price Reduced from $2,997,000 to $2,972,000

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Listing information last updated on April 29th, 2024 at 8:00am CDT.