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$1,400,000
21 Days On Site

3587 Waverly Circle
Destin, FL 32541

For Sale|Single Family Residence|Active
5
Beds
4
Full Baths
0
Partial Baths
2,695
SqFt
$519
/SqFt
2000
Built
Subdivision:
DESTIN POINTE
County:
Okaloosa
Listing courtesy of Hillary Driscoll Olds of Lokation
Call Now: 850-502-3422
Is this the home for you? We can help make it yours.
850-502-3422
3587 Waverly Circle3587 Waverly Circle3587 Waverly Circle3587 Waverly Circle
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INVESTOR DREAM in Destin Pointe - 9.4%+ NET CAP RATE WITH PROVEN INCOME! Located in the popular gated community of Destin Pointe, this high-yield SHORT-TERM RENTAL GROSSED OVER $202K in 2023 and is already at nearly $130K YTD for 2025. With annual ownership costs of just $47K, this property delivers strong cash flow--and even includes an ASSUMABLE 4.375% CONVENTIONAL LOAN (qualification required). Designed for dual-family or group bookings, the home features TWO KITCHENS, offering rare flexibility and privacy for guests. Enjoy a private in-ground POOL, DEEDED BEACH ACCESS, NEW 2024 metal roof and water heater, 2022 HVAC, and fresh paint inside & out. The seller is also offering to continue professional property management at just 15%. Ready for your next hIgh-performing investment? Schedule a private tour today before the next booking rolls in!

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Listing Snapshot
Price 
$1,400,000
Days On Site 
21 Days
Bedrooms 
5
Inside Area (SqFt) 
2,695 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
2000
MLS® Number 
972716
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$410.13 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
3 weeks agoListing first seen on site
General Features
Acres 
0.11
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
2
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
2695
Style 
Beach House
Utilities 
Cable Available
Water Source 
Public
Zoning 
Resid Single Family
Interior Features
Appliances 
DishwasherDryerElectric CooktopRefrigeratorMicrowaveWasherElectric Water HeaterDisposal
Cooling 
Ceiling Fan(s)Central Air
Flooring 
TileVinyl
Furnished 
Furnished
Heating 
ElectricCentral
Interior 
Breakfast Bar
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Exterior Features
Construction Details 
Frame
Exterior 
Balcony
Patio And Porch 
Porch
Pool Features 
Outdoor PoolIn GroundPrivate
Private Pool 
Yes
Roof 
Metal
Community Features
Association Dues 
1230.4
Community Features 
GatedPoolTennis Court(s)
HOA Fee Frequency 
Quarterly
MLS Area 
14 - Destin
Schools
School District
Unknown
Elementary School
Destin
Middle School
Destin
High School
Destin
Listing courtesy of Hillary Driscoll Olds of Lokation



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for 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 not guaranteed. Copyright 2025, Emerald Coast Association of Realtors MLS.
Last checked: 2025-04-22 03:39 PM UTC

Neighborhood & Commute
Source: Walkscore
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