2873 Scenic Highway 98, Destin, FL 32541

$2,550,000
6
BD
5
BA
3,749
SqFt

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List Price
$2,550,000
Days on Market
132
MLS#
998236
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
6
Bathrooms
5
Full Bathrooms
5
Living Area
3,749
Lot Size
7,405
Neighborhood
Destin Beach East

Property Description

Short term rental powerhouse featuring ocean views from almost every room, 6 bedrooms including 4 king suites and 2 bunk rooms, separate pool house, private seasonally heated pool with grilling area and outdoor living space, and massive 16 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Directly across the street from beach access ensures high occupancy. Includes a free six-seater golf cart 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.). The 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 in docs section

Additional Information

Acres
0.17
Appliances
Cooktop, Dishwasher, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
Style
Beach House
Elementary School
Destin
Exterior Features
Balcony, Private Yard, Storm Security Shutters, Gazebo, Pool House, Outdoor Shower, Sprinkler System
High School
Destin
Interior Features
Breakfast Area, Crown Molding, Vaulted/Cathedral Ceilings, In-Law Arrangement, Kitchen Island, Newly Painted, Lock Out, Pantry, Washer Hookup
Legal Description
Crystal Beach Lot 5 Blk 12
Middle School
Destin
Neighborhood
Destin Beach East
Community Features
Beach Access
Stories
3
Subdivision
Crystal Beach
View
Gulf
Year Built
2004
Zoning
Resid Single Family

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Calculator source: Real Geeks

Listing courtesy of Century 21 Wimco Realty Inc.

Vendor Member Number : 28166