Destin, FL 32541,3587 Waverly Circle
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Destin, FL 32541,3587 Waverly Circle
Destin, FL 32541,3587 Waverly Circle
Destin, FL 32541,3587 Waverly Circle
Destin, FL 32541,3587 Waverly Circle
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$ 1,400,000
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3587 Waverly Circle Destin, FL 32541

5 Beds

4 Baths

2,695 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Beach House

Listing Status Active

Purchase Type For Sale

Square Footage 2,695 sqft

Price per Sqft $519

Subdivision Destin Pointe

MLS Listing ID 972716

Bedrooms 5

Full Baths 4

Construction Status Construction Complete

HOA Fees $1,230/qua

HOA Y/N Yes

Year Built 2000

Annual Tax Amount $11,803

Tax Year 2023

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Beach House

Property Description

INVESTOR DREAM in Destin Pointe - 9.4%+ NET CAP RATE WITH PROVEN INCOME! Located in the popular gated community of Destin Pointe, this high-yield SHORT-TERM RENTAL GROSSED OVER $202K in 2023 and is already at nearly $130K YTD for 2025. With annual ownership costs of just $47K, this property delivers strong cash flow--and even includes an ASSUMABLE 4.375% CONVENTIONAL LOAN (qualification required). Designed for dual-family or group bookings, the home features TWO KITCHENS, offering rare flexibility and privacy for guests. Enjoy a private in-ground POOL, DEEDED BEACH ACCESS, NEW 2024 metal roof and water heater, 2022 HVAC, and fresh paint inside & out. The seller is also offering to continue professional property management at just 15%. Ready for your next hIgh-performing investment?

Location

State FL

County Okaloosa

Area 14 - Destin

Zoning Resid Single Family

Rooms

Guest Accommodations Beach,Deed Access,Fishing,Gated Community,Pavillion/Gazebo,Picnic Area,Pool,Short Term Rental - Allowed,Tennis

Kitchen Second

Interior

Interior Features Breakfast Bar, Ceiling Raised, Floor Tile, Floor Vinyl, Furnished - All, Owner's Closet, Renovated, Washer/Dryer Hookup, Window Treatment All

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer

Exterior

Exterior Feature Balcony, BBQ Pit/Grill, Fenced Back Yard, Pool - In-Ground, Porch, Sprinkler System

Parking Features Garage, Guest

Garage Spaces 1.0

Pool Private

Community Features Beach, Deed Access, Fishing, Gated Community, Pavillion/Gazebo, Picnic Area, Pool, Short Term Rental - Allowed, Tennis

Utilities Available Electric, Public Sewer, Public Water, TV Cable

Private Pool Yes

Building

Lot Description Flood Insurance Req, Within 1/2 Mile to Water

Story 2.0

Structure Type Foundation On Piling,Frame,Roof Metal,Stucco,Trim Wood

Construction Status Construction Complete

Schools

Elementary Schools Destin

Others

HOA Fee Include Accounting,Management,Master Association,Recreational Faclty,Trash,TV Cable

Assessment Amount $1,230

Energy Description AC - 2 or More,AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Elect

Financing Conventional,Other


Listed by Lokation
agent

Team Sandy

Team Owner

+1(850) 354-6643

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3587 Waverly Circle