Active

64 Cobia Street

Destin FL, 32541

$2,799,000


$573.21 per sqft

Active

8 Beds

5 Baths

4,883 sqft

Residential

Built in 1993

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.

926018

MLS ID

June 21, 2023

Listed

May 9, 2024

Updated

Map

64 Cobia Street
Destin FL, 32541

Interior Features

Total Stories

3


Bedrooms

8


Total Bathrooms

5


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, Owners Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Wet Bar, Window Bay, Window Treatment All


Appliances

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


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres


Exterior Features

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


Lot Features

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


Architectual Style

Beach House

School Information

High School

Fort Walton Beach


Elementary School

Destin

Other Property Details

Area Name

14 - Destin


Taxes

$17,855


Tax Frequency

Annually


Days on Market

301


Garage

No


View

Yes


View Description

Gulf


County

Okaloosa


Pool

Yes


Pool Features

Pool Type


Zoning

Resid Single Family

Listing History

Date

Event

Price

11/15/2023

Price Change

$2,799,000

-2%

10/24/2023

Price Change

$2,849,000

-2%

10/2/2023

Price Change

$2,899,000

-3%

8/4/2023

Price Change

$2,972,000

-1%

Courtesy of EXP Realty LLC, Matthew G Gardner,
Listing Contact: 724-513-6012 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Abbott Martin Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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