$755,000
$789,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
89 Stingray Street Destin, FL 32541
5 Beds
4 Baths
2,482 SqFt
Key Details
Sold Price $755,000
Property Type Single Family Home
Sub Type Florida Cottage
Listing Status Sold
Purchase Type For Sale
Square Footage 2,482 sqft
Price per Sqft $304
Subdivision Crystal Beach
MLS Listing ID 813084
Sold Date 04/12/19
Bedrooms 5
Full Baths 3
Half Baths 1
Construction Status Construction Complete
HOA Y/N No
Year Built 1992
Annual Tax Amount $5,797
Tax Year 2017
Lot Size 7,405 Sqft
Acres 0.17
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
Location
State FL
County Okaloosa
Area 14 - Destin
Zoning City
Interior
Interior Features 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
Appliance Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Stove/Oven Electric, Washer
Exterior
Exterior Feature Balcony, BBQ Pit/Grill, Fenced Lot-Part, Fenced Privacy, Pool - Heated, Pool - In-Ground, Porch, Shower
Pool Private
Utilities Available Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
Private Pool Yes
Building
Lot Description Within 1/2 Mile to Water
Story 3.0
Structure Type Foundation Off Grade,Frame,Roof Metal,Roof Pitched,Siding Vinyl,Trim Wood
Construction Status Construction Complete
Schools
Elementary Schools Destin
Others
Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional
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Bought with Engel & Volkers 30A Beaches