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Situated on a rare double lot in Destin's sought-after Crystal Beach neighborhood, this luxury rental retreat boasts an exceptional income history--consistently generating $200,000 to $280,000 annually since 2019. With peak months averaging over $50,000, this eight-bedroom, seven-and-a-half-bathroom home pairs sophisticated design with outstanding investment potential.Built in 2018 and free of HOA restrictions, the home spans 0.64 acres and includes a private heated pool and spa, outdoor kitchen, fire pit, and expansive entertaining areas shaded by lush palms. Inside, the open-concept layout flows effortlessly from a sunlit living space to a gourmet kitchen outfitted with high-end appliances and generous dining accommodations. An elevator makes every level accessible, including the third-floor game room and wet barideal for family fun or post-beach wind-downs. Each bedroom offers a private escape with ensuite baths and refined coastal d??cor, comfortably sleeping large groups while maintaining a sense of retreat. Outdoors, a foosball table, pool table, and multiple gathering spaces make it a favorite among vacationers. With parking for up to seven vehicles and a short six-minute stroll to the beach, this getaway offers the perfect balance of leisure and location. Whether you're hosting a reunion, retreat, or simply seeking a high-yield property in the heart of Destin, this coastal compound stands out as both a serene getaway and a proven performer in the luxury rental market.
DAYS ON MARKET | 142 | LAST UPDATED | 9/11/2025 |
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TRACT | CRYSTAL BEACH | YEAR BUILT | 2018 |
COMMUNITY | 14 - Destin | COUNTY | Okaloosa |
STATUS | Active | PROPERTY TYPE(S) | Single Family |
Elementary School | Destin |
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Jr. High School | Destin |
High School | Destin |
PRICE HISTORY | |
Prior to May 30, '25 | $2,750,000 |
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May 30, '25 - Aug 8, '25 | $2,745,000 |
Aug 8, '25 - Aug 22, '25 | $2,748,000 |
Aug 22, '25 - Sep 11, '25 | $2,747,000 |
Sep 11, '25 - Today | $2,746,000 |
ADDITIONAL DETAILS | |
AREA | 14 - Destin |
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LOT | 0.64 acre(s) |
LOT DIMENSIONS | 0.64 acres |
POOL | Yes |
POOL DESCRIPTION | Outdoor Pool, Private |
SEWER | Public Sewer |
STORIES | 3 |
STYLE | Contemporary |
SUBDIVISION | CRYSTAL BEACH |
WATER | Public |
ZONING | Resid Single Family |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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© 2025 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306
All listings are provided courtesy of the Emerald Coast Association of Realtors
© 2025 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306
This IDX solution is (c) Diverse Solutions 2025.