65 Cobia Street, Destin, FL 32541
CRYSTAL BEACH · Okaloosa County
Key Facts
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Contemporary
Year Built
2023
Living Area
4,810 sq ft
Lot Size
0.17 acres
Lot Dimensions
50x150
Zoning
Resid Single Family
Days on Market
26
MLS® Listing#
999871
Property Features
Appliances
Cooling
Heating
Pool
Utilities
Sewer
Rooms
- 23 x 19First
- Bedroom13 x 13First
- Bedroom13 x 13Second
- Bedroom16 x 13First
- Bedroom16 x 12Second
- Bedroom15 x 13Second
- Bedroom16 x 13Second
- Kitchen16 x 19First
- Living Room14 x 19First
- Living Room23 x 14Second
Schools
- Elementary:
- Destin
- Middle:
- Destin
- High:
- Destin
Financial Details
Annual Taxes
$24,596
Tax year 2025
Parcel Number
00-2S-22-0580-0005-0190
Directions
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.
Affordability Calculator
$760,000
Estimated monthly payment
$20,225/mo
Principal $3,040,000 · Est. interest $4,241,071 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Destin, FL
- $637,234
- Median Listing Price
- 119
- Median Days on Market
- 1,500
- Median Sq Ft
- $459
- Median Price / Sq Ft
- 715
- Active Listings
- This home’s price is 496% above the area median.
- Its price per sq ft is 72% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Destin, FL.
Location
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Points of Interest in Destin, FL
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 74 Pompano Street, Destin, FL | $2,750,000 | 8 | 9 | 3,612 |
| 4782 Ocean Boulevard, Destin, FL | $3,000,000 | 7 | 8 | 5,595 |
| 103 Cobia Street, Destin, FL | $3,150,000 | 8 | 9 | 4,550 |
| 336 S Holiday Road, Destin, FL | $3,174,000 | 9 | 10 | 5,191 |
| 4553 Luke Avenue, Destin, FL | $3,450,000 | 9 | 8 | 4,510 |
| 4451 Luke Avenue, Destin, FL | $3,550,000 | 8 | 9 | 4,476 |
Moving Cost Estimate
EXIT Agents in Destin
Listing Courtesy: Century 21 Wimco Realty Inc - 8506642100
224973