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65 Cobia Street

Destin, FL 32541
  • $3,800,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 999871
New On Site 6 Days Ago
UPDATED: 54 min ago
$3,800,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 8
    BATHS
  • 1
    1/2 BATHS
  • 4,810
    SQFT
  • $790
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2023
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Short term rental powerhouse featuring a designer-grade ocean view home with 3rd floor covered deck, 4th floor rooftop deck, three separate living spaces, private heated pool with splash deck and tanning shelf, and massive 22 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Less than 280 feet from the sugar sand beach ensures high occupancy. Includes a free six-seater golf cart, grill, and two paddleboards for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Neither Airbnb nor VRBO offer a transfer option. However, the seller will make all reasonable efforts to facilitate the transfer of reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections are included in the documents section of this listing.

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© 2026 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 The Premier Property Group. Vendor Member number: 28178. Data last updated: 2026-04-12T12:00:31.723.
Vendor Member #28178.
www.premierbeachretreats.com/homes/174855002
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65 Cobia Street Destin, FL 32541

  • Price: $3,800,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 54 min ago
  • MLS #: 999871
8
Beds
8
Baths
1
½ Baths
0.17
Acres
4,810
SQFT
$790
$/SQFT
2023
Built
Neighborhood:
Crystal Beach
County:
Okaloosa
Area:
Destin
Elementary School:
Destin
Middle School:
Destin
High School:
Destin
Property Description
Short term rental powerhouse featuring a designer-grade ocean view home with 3rd floor covered deck, 4th floor rooftop deck, three separate living spaces, private heated pool with splash deck and tanning shelf, and massive 22 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Less than 280 feet from the sugar sand beach ensures high occupancy. Includes a free six-seater golf cart, grill, and two paddleboards for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Neither Airbnb nor VRBO offer a transfer option. However, the seller will make all reasonable efforts to facilitate the transfer of reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections are included in the documents section of this listing.
Exterior Features

Architectural Style Contemporary Carport YN No Construction Materials [] Exterior Features [] Lot Features [] Lot Size Dimensions 50x150 Parking Features [] Pool YN Yes Road Frontage Type [] Road Surface Type [] View [] Waterfront Features []

Interior Features

Appliances Water Heater - Elect Cooling Central Air Cooling YN Yes First Floor Bedroom Yes Heating [] Interior Features [] Rooms Total 10

Property Features

Association Fee Includes [] Buyer Financing [] Community Features [] Green Energy Efficient [] New Construction YN No Pool Type Private Property Condition Construction Complete Property Sub Type Detached Single Family Special Listing Conditions [] Tax Amount 24595.56 Tax Year 2025 Utilities Community WaterElectricGas - Natural Zoning Resid Single Family

Listing courtesy of Century 21 Wimco Realty Inc: 850-664-2100.


© 2026 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 The Premier Property Group. Vendor Member number: 28178. Data last updated: 2026-04-12T12:00:31.723.
Vendor Member #28178.
 
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The Premier Property Group
10343 E Co Hwy 30A, Suite 105
Seacrest Beach FL, 32461