65 Cobia ST, Destin, FL 32541
65 Cobia ST, Destin, FL 32541
65 Cobia ST, Destin, FL 32541
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$3,800,000
Est. payment /mo
8 Beds
9 Baths
4,810 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,810 sqft

Price per Sqft $790

Subdivision Crystal Beach

MLS Listing ID 999871

Style Contemporary

Bedrooms 8

Full Baths 8

Half Baths 1

HOA Y/N No

Year Built 2023

Annual Tax Amount $24,595

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50x150

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 4810

Property Description

Short term rental powerhouse featuring a designer-grade ocean view home with 3rd floor covered deck, 4th floor rooftop deck, three separate living spaces, private heated pool with splash deck and tanning shelf, and massive 22 person sleeping capacity to maximize revenue.

Designer furnishings, professional photography and full inventory to convey for immediate revenue generation.

Less than 280 feet from the sugar sand beach ensures high occupancy. Includes a free six-seater golf cart, grill, and two paddleboards for added guest appeal.

Designed from the ground up to ensure easy, low cost maintenance and best possible yield.

Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.).

Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved.

Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection.

Seller will make all reasonable efforts to facilitate the transfer of future reservations.

The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price.

Most recent appraisal and inspections are included in the documents section of this listing.

Location

State FL

County Okaloosa

Area 14 - Destin

Zoning Resid Single Family

Direction Directions: From US Highway 98, turn south onto Regatta Bay Blvd. Continue on Regatta Bay Blvd, then turn west onto Luke Ave. Follow Luke Ave and turn south onto Cobia St; the property will be on your left.

Rooms

Kitchen true

Interior

Cooling Central Air

Appliance Water Heater - Elect

Exterior

Pool Pool Type

Utilities Available Community Water, Electric, Gas - Natural

Garage No

Building

Faces Directions: From US Highway 98, turn south onto Regatta Bay Blvd. Continue on Regatta Bay Blvd, then turn west onto Luke Ave. Follow Luke Ave and turn south onto Cobia St; the property will be on your left.

Story 4

Sewer Septic Tank

Architectural Style Contemporary

New Construction No

Schools

Elementary Schools Destin

Middle Schools Destin

High Schools Destin

Others

Pets Allowed No

Tax ID 00-2S-22-0580-0005-0190


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 Emerald Coast MLS - IDX
Listed by Ethan D Knight Century 21 Wimco Realty Inc

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Tomell Johnson

Tomell Johnson

+1(850) 443-6309

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