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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
50
Photos
5
beds
4
baths
2,450
sqft
Built in
1994
This exceptional investment property, situated in Destin, Florida, is a prime opportunity for buyers seeking a successful short-term rental. With its convenient location near pristine beaches and popular attractions, this 5-bedroom, 4-bathroom vacation home offers 2400 sq. ft. of well-designed space, comfortably accommodating up to 16 guests. The property is fully furnished, boasting an updated kitchen, spacious living and dining areas, and a heated pool with a lounge area. Guests highly praise its proximity to local restaurants, golf courses, and family-friendly activities, making it a popular year-round destination. In 2023, the property generated over $163,000 in gross rental income, maintaining a consistently high occupancy rate throughout peak and shoulder seasons. Based on current market trends and similar properties in the Destin area, rental income is driven by the area's popularity as a top Gulf Coast vacation destination. Destin's robust short-term rental market presents investors with a lucrative opportunity for cash flow and appreciation. Whether you're looking to expand your portfolio or secure a vacation home that pays for itself, this Destin property is primed to deliver. Don't miss out on this turnkey opportunity in one of Florida's most sought-after vacation destinations.
Features & Amenities
Interior
- General:
- Breakfast Bar, Ceiling Tray/Cofferd, Fireplace Gas, Floor Hardwood, Floor Tile, Floor WW Carpet, Furnished - All, Kitchen Island, Lighting Recessed, Pantry, Washer/Dryer Hookup, Woodwork Painted
- Appliances:
- Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
- A/C:
- true, Ceiling Fan(s), Central Air
- Heating:
- true, Central
Exterior
- General:
- Balcony, Fenced Lot-Part, Pool - Heated, Pool - In-Ground, Porch, Porch Open, Shower
- Style:
- Florida Cottage
- Pool:
- Pool Type
Construction
- General:
- Foundation On Piling, Frame, Roof Metal, Vinyl Siding, Trim Vinyl, Trim Wood, 2
Location
- Road/Access:
- Paved
- HOA Amenities:
- Accounting, Land Recreation, Management, Master Association, 500.0, Annually
- Golf:
- Deed Access, Pets Allowed
- Originating MLS:
- Emerald Coast Association of REALTORS®
- County:
- Okaloosa
Lot
- Zoning:
- Resid Single Family, 00-2S-22-306A-0000-0240
- View:
- Lake
Utilities
- Utilities:
- Electric, Public Sewer, Public Water
Financial
- Source:
- Emerald Coast Association of REALTORS®
This listing courtesy of:
Scenic Sotheby's International Realty, Denise A Greene
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Destin, FL
Housing
- Number of Units
- 14,008
- Median Home Value
- $415,874
- Median Rent
- $1,462
34.24% of housing units are renter occupied.
41.09% are vacant.
Commute
- Car
-
57.89%
- Public Transportation
-
0.41%
- Walk to Work
-
0.79%
- Work from Home
-
40.08%
- Other
-
0.53%
The median travel time to work is 15 minutes.
People
- Population
- 17,901
- Median Age
- 42.20
- Median Household Size
- 2.53
Education
- High School
-
17.24%
- Associate’s Degree
-
10.87%
- Bachelor’s Degree
-
30.55%
- Graduate Degree
-
15.55%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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