64 Cobia St, DESTIN

$2,799,000

8 Beds
5 Baths
4,883 Sqft
.17 Acres
0 Garages

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
MLS® #926018
Price$2,799,000
Bedrooms8
Bathrooms5.00
Full Baths5
Square Footage4,883
Acres0.17
Year Built1993
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Community Information
Address64 Cobia St
AreaDestin
SubdivisionCrystal Beach
CityDESTIN
CountyOKALOOSA
StateFL
Zip Code32541
Amenities
AmenitiesShort Term Rental - Allowed
Has PoolYes
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
FireplaceYes
FireplacesFireplace
# of Stories3
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
RoofRoof Metal
ConstructionFrame
FoundationSiding 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
ElementaryDESTIN
MiddleDESTIN
HighFORT WALTON BEACH
Additional Information
Days on Website313
ZoningResidential Single Family
HOA Fees0.00
Listing Details
OfficeEXP 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 9:45am CDT.