$2,050,000
$2,100,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
2825 Scenic Highway 98 Destin, FL 32541
7 Beds
7 Baths
4,942 SqFt
Key Details
Sold Price $2,050,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 4,942 sqft
Price per Sqft $414
Subdivision Crystal Beach
MLS Listing ID 859498
Sold Date 02/08/21
Bedrooms 7
Full Baths 6
Half Baths 1
Construction Status Construction Complete
HOA Y/N No
Year Built 1991
Annual Tax Amount $13,952
Tax Year 2019
Lot Size 7,405 Sqft
Acres 0.17
Property Description
RENTAL MACHINE and projected to produce an 18% cash return in 2021. This beach house is just steps away from the sugar white sand beaches and the pristine emerald waters that have made Destin famous. The home is furnished to maximize rentals and is capable of producing over $260,000 in 2021 per the current manager. Wrap-around balconies offer ample outdoor space to listen to the ocean waves and take in the views. The spacious backyard has a resort style pool featuring a waterfall jacuzzi and three tier pergola. For rainy days or late night fun, the massive game room is equipped with a pool table and wet bar and the home is less than half a mile to Destin's best shopping, dining and entertainment.
Location
State FL
County Okaloosa
Area 14 - Destin
Zoning Resid Single Family
Interior
Interior Features Breakfast Bar, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Converted Garage, Fireplace, Floor Hardwood, Floor Marble, Floor Tile, Floor WW Carpet, Furnished - All, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted
Appliance Dishwasher, Disposal, Microwave, Oven Double, Stove/Oven Electric
Exterior
Exterior Feature Balcony, BBQ Pit/Grill, Deck Covered, Deck Open, Fenced Back Yard, Fenced Privacy, Patio Covered, Pool - Heated, Pool - In-Ground, Sprinkler System
Pool Private
Utilities Available Public Sewer, Public Water
View Gulf
Private Pool Yes
Building
Lot Description Cleared, Level, Sidewalk, Within 1/2 Mile to Water
Story 3.0
Structure Type Frame,Roof Metal,Slab,Stucco,Trim Wood
Construction Status Construction Complete
Schools
Elementary Schools Destin
Others
Energy Description AC - 2 or More,AC - Central Elect,Ceiling Fans,Double Pane Windows,Heat Cntrl Electric,Water Heater - Two +
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with EXP Realty LLC