Florida
Destin
3587 Waverly Circle

$1,400,000

3587 Waverly Circle, Destin, FL 32541

5 beds |
4 baths |
2,695 sqft

Single-Family Home
Built in 2000
4,792sqft lot
1 car garage
$519/sqft
Listed 2 months ago

Property Description

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— 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!

Listing Status:: Active
Date Added:: April 9, 2025 at 05:00AM
Listing Office:: Lokation : 954-545-5583
Listing Agent:: Hillary Driscoll Olds : 850-699-0344
MLS ID:: 972716

General: Breakfast BarCeiling RaisedOwner's ClosetWasher/Dryer Hookup
Appliances: DishwasherDisposalDryerMicrowaveRefrigeratorRefrigerator W/IceMkSmoke DetectorStove/Oven ElectricWasherWater Heater - Elect
Flooring: Floor TileFloor Vinyl
A/C: Ceiling FansCentral Air
Heating: Central

This listing courtesy of Hillary Driscoll Olds, Lokation

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Destin Elementary School

630 Kelly St, Destin, FL, 32541

Grades PK-4

1.17 miles away

Destin Middle School

4608 Legendary Marina Dr, Destin, FL, 32541

Grades 5-8

4.64 miles away

Okaloosa Virtual Instruction Program

120 Lowery Pl SE, Fort Walton Beach, FL, 32548

Grades KG-12

6.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.