Skip To Content

3587 Waverly Circle

Destin, FL 32541
  • $1,400,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 972716
$1,400,000
  • 5
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,695
    SQFT
  • $519
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2000
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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 flowand 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? Schedule a private tour today before the next booking rolls in!

Monthly Payment Calculator



© 2025 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Emerald Coast. Vendor Member number: 28178. Data last updated: 2025-04-27T00:00:47.793.
Vendor Member #28178.
www.30afineliving.com/homes/162382642
Print Image

3587 Waverly Circle Destin, FL 32541

  • Price: $1,400,000
  • Status: Active
  • On Site: 17 Days
  • MLS #: 972716
5
Beds
4
Baths
0
½ Baths
0.11
Acres
2,695
SQFT
$519
$/SQFT
2000
Built
Neighborhood:
Destin Pointe
County:
Okaloosa
Area:
Destin
Elementary School:
Destin
Middle School:
Destin
High School:
Destin
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 flowand 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? Schedule a private tour today before the next booking rolls in!
Exterior Features

Architectural Style Beach House Attached Garage YN No Carport YN No Construction Materials Foundation On PilingFrameRoof MetalStuccoTrim Wood Exterior Features BalconyBBQ Pit/GrillFenced Back YardPool - In-GroundPorchSprinkler System Lot Features Flood Insurance ReqWithin 1/2 Mile to Water Lot Size Dimensions 50x100 Parking Features GarageGuest Pool YN Yes Road Frontage Type Private Road Road Surface Type Paved View [] Waterfront Features []

Interior Features

Appliances DishwasherDisposalDryerMicrowaveRefrigeratorRefrigerator W/IceMkSmoke DetectorStove/Oven ElectricWasher Cooling Ceiling FansCentral Air Cooling YN Yes First Floor Bedroom Yes Heating Central Heating YN Yes Interior Features Breakfast BarCeiling RaisedFloor TileFloor VinylFurnished - AllOwner's ClosetRenovatedWasher/Dryer HookupWindow Treatment All Rooms Total 7

Property Features

Association Fee Frequency Quarterly Association Fee Includes AccountingManagementMaster AssociationRecreational FacltyCable TVTrash Association Fee2 1230.4 Association YN Yes Buyer Financing ConventionalOther Community Features BeachDeed AccessFishingGated CommunityPavillion/GazeboPicnic AreaPoolTennis Green Energy Efficient [] New Construction YN No Pool Type Private Property Condition Construction Complete Property Sub Type Detached Single Family Short Term Rental Allowed Yes Special Listing Conditions [] Tax Amount 11803.3 Tax Year 2023 Utilities ElectricPublic SewerPublic WaterTV Cable Zoning Resid Single Family

Listing courtesy of Lokation: 954-545-5583.


© 2025 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Emerald Coast. Vendor Member number: 28178. Data last updated: 2025-04-27T00:00:47.793.
Vendor Member #28178.
 
https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_2_972716-2.jpg https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_2_972716-2.jpg https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_2_972716-2.jpg
Logo
Christie's International Real Estate Emerald Coast
3557 E. Co. Hwy 30A
Santa Rosa Beach FL, 32459