This exceptional investment property, situated in Destin, Florida, is a prime opportunity for buyers seeking a successful short-term rental. With its convenient location near pristine beaches and popular attractions, this 5-bedroom, 4-bathroom vacation home offers 2400 sq. ft. of well-designed space, comfortably accommodating up to 16 guests. The property is fully furnished, boasting an updated kitchen, spacious living and dining areas, and a heated pool with a lounge area. Guests highly praise its proximity to local restaurants, golf courses, and family-friendly activities, making it a popular year-round destination. In 2023, the property generated over $163,000 in gross rental income, maintaining a consistently high occupancy rate throughout peak and shoulder seasons. Based on current market trends and similar properties in the Destin area, rental income is driven by the areas popularity as a top Gulf Coast vacation destination. Destins robust short-term rental market presents investors with a lucrative opportunity for cash flow and appreciation. Whether youre looking to expand your portfolio or secure a vacation home that pays for itself, this Destin property is primed to deliver. Dont miss out on this turnkey opportunity in one of Floridas most sought-after vacation destinations.
Interior: Breakfast Bar, Tray/Cofferd Ceiling, Kitchen Island, Recessed Lighting, Pantry, Washer/Dryer Hookups, Woodwork Painted
Fireplace: Gas Fireplace
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: Yes
Waterfront: Lake Front
View: Lake
Exterior: Balcony, Fenced Lot-Part, Pool - Heated, Pool - In-Ground, Porch, Porch Open, Shower
Lot Features
Lot Information:
Lot: Covenant/Restriction, Cul-De-Sac, Within 1/2 Mile to Water
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Ceiling Fan(s), Central Air
Other
Directions Information:
Directions: On Scenic Hwy 98, turn north into Kokomo Kove, (on the west side of Destiny). Follow Sunfish almost to the end, home is on the right. Note: There is not a For Sale sign at this home.
Price Information
Listing Price Info
Price Summary:
List Price: $1,600,000
Price Per SqFt: $653/SqFt
HOA Fees:
Amount: $500
Frequency: Annually
Tax Information:
Annual Amount: $6,490
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Destin, FL.
This property is $972.6K more than the Median Sold Price and $273/SqFt more than other homes in Destin, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Emerald Coast Association of REALTORS®
MLS Number: #962689
Listing Office:
Office Name: Scenic Sothebys International Realty
Office Email: will@scenicsir.com
Listing Agent: Denise A Greene
Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 6:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 29, 2021
Sep 29, 2021Home Sold
$1,550,000
Oct 19, 2018
Oct 19, 2018Home Sold
$700,000
Jul 09, 2015
Jul 09, 2015Home Sold
$350,000
May 08, 2007
May 08, 2007Home Sold
$539,000
Jun 02, 2004
Jun 02, 2004Home Sold
$625,000
Apr 14, 2004
Apr 14, 2004Home Sold
$495,000
Nov 27, 2002
Nov 27, 2002Home Sold
$330,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$6,490
$518,679
2018
$6,019
$468,794
2017
$5,855
$447,993
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,094
Per Month
Principal & Interest
$7,986
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$41
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,863
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Destin Elementary School
630 Kelly St
Distance between this listing and this school4.76 miles
Public District Grades PK-4
10
/10
Bluewater Elementary School
4545 Range Rd
Distance between this listing and this school7.35 miles
Public District Grades KG-5
8
/10
Van R. Butler Elementary School
6694 W County Highway 30A
Distance between this listing and this school9.24 miles
Public District Grades KG-5
Nearby Schools
7
/10
Destin Middle School
4608 Legendary Marina Dr
Distance between this listing and this school1.24 miles
Public District Grades 5-8
7
/10
Lewis School
281 Mississippi Ave
Distance between this listing and this school8.87 miles
Public District Grades KG-8
7
/10
C.W. Ruckel Middle School
201 Partin Dr N
Distance between this listing and this school10.23 miles
Public District Grades 6-8
Nearby Schools
7
/10
Niceville High School
800 John Sims Pkwy E
Distance between this listing and this school10.14 miles
Public District Grades 9-12
9
/10
Collegiate High School at Northwest Florida State College
100 College Blvd E
Distance between this listing and this school11.24 miles
Public Charter Grades 10-12
5
/10
Choctawhatchee High School
110 Racetrack Rd NW
Distance between this listing and this school13.01 miles
The neighbors living near this home have an average income of $65,149. Most Destin, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 83 Sunfish St
What is the listing price of this property?
The listing price of 83 Sunfish St property is $1,600,000.
What type of property is this?
The property 83 Sunfish St is a house located in Destin, Florida, 32541.
Is this property for sale now?
Active Listing: 83 Sunfish St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $6,490 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 29, 2021 for $1,550,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 83 Sunfish St has 5 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 83 Sunfish St is 2,450 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 83 Sunfish St is 1994.
This home is located at 83 Sunfish St in Destin, FL and zip code 32541. This 2,450 square foot home, which was built in 1994, sits on a 0.17 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $1,600,000.
While more than 0 listings in Destin, FL in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 31 were sold below. In November 2024 in Destin, FL there were 4.6% more homes for sale than in October 2024. While the average time on the market in November 2024 was 117 days, the median list price was $627,355.
From Rocket Homes Real Estate and based on county public records data.