332B Calhoun Avenue, Destin, FL 32541

$349,900 Asking Price

4 beds
2 baths
1,932  sqft
Built in 1969

Calling All Investors! Motivated Seller - Serene Retreat in Destin Discover this investor's dream, a 4-bedroom, 2-bathroom, 2,105 sqft home, nestled in the heart of Destin's most scenic and sought-after locations. Surrounded by mature live oak trees and lush greenery, this tranquil property offers the feeling of a private nature sanctuary while being by the crystal-clear waters of Choctawhatchee Bay. Upgraded kitchen with new appliances and immediate rental income with a tenant in place until April 2025. Updated photos are coming soon. With some repairs and upgrades, this property has the potential to sell for $450,000-$500,000. This opportunity won't last—explore its potential today! More... Property Highlights: 4 Bedrooms / 2 Bathrooms 2,105 sqft of living space Solid cinderblock construction, sturdy for weathering storms Kitchen upgraded with new appliances Quiet, peaceful lot surrounded by natural beauty Motivated seller pricing below market value Location & Attractions: Enjoy a peaceful retreat tucked away among beautiful live oak trees and lush vines, giving the property a sense of serenity. Across the street, the picturesque Choctawhatchee Bay awaits, perfect for leisurely walks by the water. A short distance away are some of Destin's most famous attractions, including: McGuire's Irish Pub - A favorite for its delicious pub fare and unique decor Destin Harborwalk - Offering an array of restaurants and family activities AJ's and Dewey Destin's - Both celebrated for live music and fresh seafood For beach lovers, the Gulf of Mexico's famous shores with crystal-clear waters are just a quick drive away. Launch your kayak or boat from the nearby park, and explore Crab Island, where dolphins and sea turtles are often spotted in the shallow, emerald waters. Investment Opportunity: This area of Destin has earned its reputation as a top vacation destination, renowned for its stunning beaches with emerald green, clear waters and soft white sand. Property values continue to rise, driven by the area's appeal and strong rental market. With an existing tenant until April 30, 2025, this property is already generating rental income, making it a perfect long-term investment. Outdoor Activities nearby include Dolphin watching, Snorkeling, scuba diving, swimming, Boating, waterskiing, kayaking, Parasailing and windsurfing, Biking, hiking, and beach volleyball. With repairs and upgrades, this home could sell for $450,000-$500,000. The seller is motivated, offering you an incredible investment opportunity in one of the most desirable areas of the Emerald Coast. Schedule a showing today to discover the potential of this beautiful property!


Features & Amenities

Interior

General:
Ceiling Crwn Molding, Fireplace, Floor Laminate, Floor Tile
Appliances:
Dishwasher, Microwave, Oven Self Cleaning
A/C:
true, Ceiling Fan(s)

Exterior

General:
Fenced Back Yard, Lawn Pump, Renovated, Sprinkler System, Yard Building
Style:
Ranch

Construction

General:
Concrete, Roof Composite Shngl, Slab, 1

Location

Road/Access:
Easement
Originating MLS:
Emerald Coast Association of REALTORS®
County:
Okaloosa

Lot

Zoning:
Resid Single Family, 00-2S-22-0310-000D-048C

Utilities

Utilities:
Electric, Gas - Natural, Public Sewer, Public Water

Financial

Source:
Emerald Coast Association of REALTORS®

This listing courtesy of:
EXP Realty LLC, John O'Hanlan

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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