$6,495,000
$6,495,000
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8 Beds
9 Baths
6,465 SqFt
SOLD DATE : 05/25/2022
Key Details
Sold Price $6,495,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 6,465 sqft
Price per Sqft $1,004
Subdivision Grand Palms S/D
MLS Listing ID 889145
Bedrooms 8
Full Baths 8
Half Baths 1
HOA Fees $206/ann
Year Built 2015
Annual Tax Amount $33,054
Tax Year 2021
Lot Size 0.310 Acres
Property Description
Welcome to Splash! This vacation rental is an investor's dream come true, being one of the best (if not THE best) renting properties anywhere. As of today, the 2022 bookings are already over $600K....which is the base rent only. It already has over $70K booked for 2023! In addition to the rent, a substantial amount of additional income is generated by ancillary fees and services. Boasting the largest private, resort-style pool in Destin, it has another unique asset which almost no other home in the area can offer. As it is PERMANENTLY grandfathered by the Bert Harris act, it is not subject to the restrictive occupancy & parking ordinances recently imposed by the City of Destin (please see the attached document). Most other rental homes which have achieved this status, are only
Location
State FL
County Okaloosa
Area 14 - Destin
Zoning Resid Single Family
Rooms
Kitchen Second
Exterior
Exterior Feature Balcony, BBQ Pit/Grill, Columns, Deck Covered, Fenced Back Yard, Fenced Privacy, Hot Tub, Patio Open, Pool - Gunite Concrt, Pool - In-Ground, Shower, Sprinkler System, Summer Kitchen
Parking Features Garage Attached, Oversized
Garage Spaces 2.0
Pool Private
Community Features Beach, Community Room, Pool, Tennis
Utilities Available Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
View Gulf
Building
Lot Description Within 1/2 Mile to Water
Story 3.0
Structure Type Frame,Stucco
Schools
Elementary Schools Destin
Others
Assessment Amount $2,472
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Bought with Realty ONE Group Emerald Coast
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Broker Associate | License ID: FL: 3444771 GA: 348516