64 Cobia Street, Destin, FL 32541

$2,972,000
8
BD
5
BA
4,883
SqFt
List Price
$2,972,000
Price Change
▼ $25,000 1691201569
Days on Market
91
MLS#
926018
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
8
Bathrooms
5
Full Bathrooms
5
Living Area
4,883
Lot Size
7,405
Neighborhood
1404 - Destin Beach East

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.

Additional Information

Acres
0.17
Appliances
Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Stove/Oven Gas, Washer
Association
Emerald Coast
Construction Siding
Frame, Roof Metal, Siding Vinyl
Design
Beach House
Elementary School
Destin
Energy
AC - Central Elect, AC - High Efficiency, Ceiling Fans, Water Heater - Gas
Exterior Features
Balcony, BBQ Pit/Grill, Columns, Deck Covered, Deck Open, Fenced Lot-Part, Guest Quarters, Lawn Pump, Patio Covered, Pool - Heated, Pool - In-Ground, Porch, Rain Gutter, Separate Bldg Rent, Separate Living Area, Sprinkler System
High School
Fort Walton Beach
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 Bay, Window Treatment All
Legal Description
CRYSTAL BEACH LOT 6 BLK 6
Lot Dimensions
50x150
Lot Features
Corner, Level, Sidewalk, Within 1/2 Mile to Water
Middle School
Destin
Neighborhood
1404 - Destin Beach East
Project Facilities
Short Term Rental - Allowed
Stories
3
Subdivision
Crystal Beach
Utilities
Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
Waterview
Gulf
Year Built
1993
Zoning
Resid Single Family

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of EXP Realty LLC.

Vendor Member Number : 28166