$789,000
Destin, FL 32541
MLS# 813084
Status: Sold
5 beds | 4 baths | 2482 sqft
1 / 24
Property Description
Believe it. 12% CapRate based on new list price and $92,000 2018 income. 14% CapRate based 2019 BOOKINGS. ''Southern Charm'' has everything an investor/owner could ever want. The Crystal Beach LOCATION is perfect. The 5 bedrooms 3.5 baths make it family friendly.Heated pool and a golf cart make it convenient. The excellent rental income makes it cash flow. 3 Public Beach access points are 1 blk away. Southern wraparound porches add another 1200 sq ft of enjoyable space. Check out the reviews of the property- and the strong 2019 bookings on VRBO #905117. The interior has been recently painted and new carpeting installed in 2018. Home is being sold fully furnished and golf cart conveys with acceptable offer. See cost to own and return on investment docs or call
Details
Documents
Status Change Info
Status: Sold
Under Contract Date: 2019-03-08
Sold Date: 2019-04-12
Sold Price: $755,000
Sold Price/SqFt: 304.19
Contract Info
List Date: 2018-12-27
Current Price: $755,000
List Price: $789,000
List Price/SqFt: 317.89
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 14 - Destin
Street #: 89
Street Name: Stingray
Street Suffix: Street
State: FL
Zip Code: 32541
County: Okaloosa
Sub Area: 1404 - Destin Beach East
Project Name/Subdivision: CRYSTAL BEACH
Parcel ID: 00-2S-22-0580-0022-0180
Elementary School: Destin
Middle School: Destin
High School: Fort Walton Beach
Legal Description: CRYSTAL BEACHLOT 18 BLK 22
General Property Info
Sub-Type: Detached Single Family
Design: Florida Cottage
Apx SqFt(Htd/Cooled): 2482
SqFt Source: Appraiser
Bedrooms: 5
Full Baths: 3
Half Baths: 1
Total Bathrooms: 4
# Stories: 3
Year Built: 1992
Immediate Occupancy: Yes
Driveway Spaces: 6
Acreage: 0.17
Pool: Yes
Pool Type: Private
Listing Info, Tax & Legal
Homestead: Yes
Assessment Fees: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 5797.1
Last Tax Year: 2017
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Believe it. 12% CapRate based on new list price and $92,000 2018 income. 14% CapRate based 2019 BOOKINGS. ''Southern Charm'' has everything an investor/owner could ever want. The Crystal Beach LOCATION is perfect. The 5 bedrooms 3.5 baths make it family friendly.Heated pool and a golf cart make it convenient. The excellent rental income makes it cash flow. 3 Public Beach access points are 1 blk away. Southern wraparound porches add another 1200 sq ft of enjoyable space. Check out the reviews of the property- and the strong 2019 bookings on VRBO #905117. The interior has been recently painted and new carpeting installed in 2018. Home is being sold fully furnished and golf cart conveys with acceptable offer. See cost to own and return on investment docs or call
Office/Member Info
Single Agent Comp: 2
Single Agent Comp Type: %
Trans Broker Comp: 2
Trans Broker Comp Type: %
Non-Rep Comp: 1
Non-Rep Comp Type: %
Property Features
Construction Status: Construction Complete
Lot/Parcel Access: City Road; Paved Road
Lot Features: Within 1/2 Mile to Water
Construction/Siding: Foundation Off Grade; Frame; Roof Metal; Roof Pitched; Siding Vinyl; Trim Wood
Exterior: Balcony; BBQ Pit/Grill; Fenced Lot-Part; Fenced Privacy; Pool - Heated; Pool - In-Ground; Porch; Shower
Interior: Ceiling Crwn Molding; Ceiling Raised; Floor Hardwood; Floor Tile; Floor WW Carpet; Furnished - All; Kitchen Island; Lighting Recessed; Newly Painted; Owner's Closet; Pantry; Washer/Dryer Hookup; Window Garden
Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Refrigerator; Stove/Oven Electric; Washer
Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; Heat Cntrl Electric; Water Heater - Elect
Mstr Bdrm/Mstr Bath: MBath Cultured Mrble; MBath Double Vanity; MBath Separate Shwr; MBath Tile
Master Bedroom: Second
Bedroom: Second; Third
Living Room: First; Second
Full Bathroom: Second
Half Bathroom: First
Rooms: Bedroom; Dining Room; Full Bathroom; Half Bathroom; Living Room; Master Bathroom; Master Bedroom
Financing: Conventional
Room Information
Room Name | Level | Dimensions | Length | Width | Remarks | Dimensions |
Living Room | First | 23 x 21 | 23.00 | 21.00 | 23 x 21 | |
Dining Room | First | 21 x 12 | 21.00 | 12.00 | Dining/Kitchen Combo | 21 x 12 |
Half Bathroom | First | 7.6 x 3.4 | 7.60 | 3.40 | 7.6 x 3.4 | |
Master Bedroom | Second | 14 x 12.3 | 14.00 | 12.30 | 14 x 12.3 | |
Master Bathroom | Second | 12 x 6.6 | 12.00 | 6.60 | 12 x 6.6 | |
Bedroom | Second | 12.3 x 7.4 | 12.30 | 7.40 | 12.3 x 7.4 | |
Bedroom | Second | 12 x 10 | 12.00 | 10.00 | 12 x 10 | |
Full Bathroom | Second | 8.4 x 5.9 | 8.40 | 5.90 | 8.4 x 5.9 | |
Bedroom | Third | 15.8 x 10.7 | 15.80 | 10.70 | 15.8 x 10.7 | |
Bedroom | Third | 12.2 x 11.2 | 12.20 | 11.20 | 12.2 x 11.2 | |
Living Room | Second | 15 x 10.1 | 15.00 | 10.10 | 15 x 10.1 | |
Full Bathroom | Second | 10 x 5 | 10.00 | 5.00 | 10 x 5 |
Listing Office: RE/MAX Coastal Properties
Last Updated: September - 12 - 2019
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.