Destin, FL 250k+ Grossing Home

Unparalleled second-tier positioning yielding 180 degree Gulf and western views define this beautifully remodeled and finely appointed coastal retreat located in the prestigious guard-gated neighborhood of Destiny by the Sea. Reimagined by designer Leigh Ann Harris at Burrow Interior Design and beautifully remodeled by Andy Beno of Old South Homes, this five-bedroom home offers exemplary quality with notable finishes and premium design appointments. This home has been utilized as a top-producing rental property while being pristinely maintained with historic rental income ranging from $185,000 – $200,000+ annually. Gross annual rental projections exceed $250,000 for 2022 and could exceed $300,000 with pool addition. The first level is adorned with beautiful peacock paver flooring juxtaposed with a bright and spacious entry foyer anchored by an opulent curved staircase. There are two large bedroom suites on the first floor, each offering its own ensuite bathrooms and both enjoy south-facing Florida gulf views as well as a third bunk room which has been thoughtfully designed with sustainable coastal decor and also provides a private ensuite bath. The second floor is the heart of this gorgeous home offering exceptional south-facing and western gulf vistas as well as a wide-open floorplan anchored by the finely appointed chef’s kitchen complete with custom cabinetry, stainless appliances (including a gas range) as well as a massive center island topped with sleek quartz countertops. The spacious living and dining areas are directly adjacent to the chef’s kitchen offering both comfort and class with pecky cypress wood accents and gorgeous coastal decor which flows seamlessly onto the oversized south-facing covered porch offering some of the best sunset vistas in all of Destin. The second level also features a secondary bedroom and full bathroom as well as a sizable laundry station. The third floor is the definition of a master retreat designed with expansive proportions while taking full advantage of exemplary gulf views from every corner of the space including the oversized walk-in closet. The ensuite master bathroom was beautifully designed with Calcutta gold marble flooring and tile accents as well as a frameless glass shower, dual vanities, soaking tub, and private water closet. Other notable features include ample parking and owner’s storage as well as an oversized lot which has the potential to provide a future south-facing private pool area.

Residents in Destiny by the Sea enjoy guard-gated and patrolled security as well as deeded beach access. The neighborhood also boasts access to a resort-style community pool, onsite exclusive beach chair service including water accessories, clubhouse, onsite CAM manager, and primely located within easy proximity to world-class shopping, dining, and entertainment.

https://www.vrbo.com/823572

Listed by:

Spears Group 850.974.1761

Scenic Sotheby’s International Realty

Source: ECAOR,MLS#: 892209

See more details for 4705 Ocean Blvd, Destin, FL 32541 on Zillow

Facts and features

• Single family residence
• 5 bedrooms
• 5 bathrooms
• Built in 1998
• No data
• Ac – 2 or more, electric, ceiling fan(s)
• 4 Open parking spaces
• 6,098 sqft
• $877 price/sqft

Interior details

Bedrooms and bathrooms

• Bedrooms: 5
• Bathrooms: 5
• Full bathrooms: 5

PrimaryBedroom

• Features: MBed Balcony, MBed Sitting Area, Tray Ceiling(s), See Remarks
• Level: Third

PrimaryBathroom

• Features: Double Vanity, Soaking Tub, MBath Separate Shwr, MBath Tile

Kitchen

• Level: Second

LivingRoom

• Level: Second

Basement

• Level: Basement

Flooring

• Flooring: Hardwood, Tile

Cooling

• Cooling features: AC – 2 or More, Electric, Ceiling Fan(s)

Appliances

• Appliances included: Dishwasher, Disposal, Dryer, Microwave, Double Oven, Self Cleaning Oven, Range Hood, Refrigerator, Refrigerator W/IceMk, Gas Range, Washer
• Laundry features: Washer/Dryer Hookup

Interior Features

• Door features: Insulated Doors
• Window features: Double Pane Windows, Window Treatments
• Interior features: Beamed Ceilings, Crown Molding, Kitchen Island, Recessed Lighting, Newly Painted, Pantry, Renovated, Walls Wainscoting, Woodwork Painted, Bedroom, Dining Room, Entrance Foyer, Kitchen, Living Room, Master Bedroom

Other interior features

• Common walls with other units/homes: No Common Walls
• Total structure area: 3,534
• Total interior livable area: 3,534 sqft
• Fireplace features: Fireplace

Property details

Parking

• Total spaces: 4
• Parking features: Open
• Has uncovered spaces: Yes

Property

• Stories: 3
• Pool features: Community
• Exterior features: Balcony, Renovated
• Patio and porch details: Patio Covered, Porch
• View description: Gulf
• Waterfront features: Beach, Waterfront
• Has waterview: Yes
• Waterview: Gulf

Lot

• Lot size: 6,098 sqft
• Lot size dimensions: 80 x 103 x 98 x 46
• Lot features: Controlled Access, Corner Lot, Covenants, Cul-De-Sac, Dead End, Irregular Lot, Restrictions, Sidewalk, Within 1/2 Mile to Water, Deed Access

Other property information

• Parcel number: 002S2200750000107A
• Zoning description: Resid Single Family

Construction details

Type and style

• Home type: SingleFamily
• Architectural style: Beach House
• Property subType: Single Family Residence

Material information

• Construction materials: Frame, Stucco
• Foundation: Slab
• Roof: Roof Tile/Slate

Condition

• Property condition: Construction Complete
• Year built: 1998

Utilities / Green Energy Details

Utility

• Electric utility on property: Yes
• Sewer information: Public Sewer
• Water information: Public
• Utilities for property: Electricity Connected, Cable Connected

Community and Neighborhood Details

Security

• Security features: Security System, Smoke Detector(s)

Community

• Community features: Gated, Pool

Location

• Region: Destin
• Subdivision: Destiny By The Sea

HOA and financial details

HOA

• Has HOA: Yes
• Services included: Maintenance Grounds, Master Association, Recreational Faclty, Security

Other financial information

• Annual tax amount: $17,262

Other

Other facts

• Listing Terms: Conventional
• Road surface type: Paved