65 Cobia Street, Destin, FL 32541

$3,800,000
Property Type: Residential Bedrooms: 8 Baths: 9 Square Footage: 4,810 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $3,800,000 List Date: 4/05/2026 Last Modified: 5/01/2026

Overview

Description

Short term rental powerhouse featuring a designer-grade ocean view home with 3rd floor covered deck, 4th floor rooftop deck, three separate living spaces, private heated pool with splash deck and tanning shelf, and massive 22 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Less than 280 feet from the sugar sand beach ensures high occupancy. Includes a free six-seater golf cart, grill, and two paddleboards for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings.

Supplements: Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales hav ...

Listing Details MLS# 999871

Contract Info

List Price/SqFt
790.02
Listing Board
Emerald Coast

Location Tax and Legal

Area
14 - Destin
Street #
65
Street Name
Cobia
Street Suffix
Street
State
FL
Zip Code
32541
County
Okaloosa
Project Name/Subdivision
CRYSTAL BEACH
Parcel ID
00-2S-22-0580-0005-0190

General Property Info

Sub-Type
Detached Single Family
Design
Contemporary
Apx SqFt(Htd/Cooled)
4810
SqFt Source
Building Plan
Full Baths
8
Half Baths
Yes
Total Bathrooms
9
# Stories
4
Year Built
2023
Garage
No
Carport
No
Acreage
0.17
Pool
Yes
Pool Type
Private

Location, Tax and Legal

Sub Area
1401 - Destin Beach West
Elementary School
Destin
Middle School
Destin
High School
Destin
Legal Description
Crystal Beach Lot 19 Blk 5

Listing Info, Tax & Legal

Is Subject Leased
No
Assessment Fees
No
New Buyer Fee
No
Last Taxes
24595.56
Last Tax Year
2025
Brokerage Interest
Familial Interest - Listing Broker/Licensee related to owner.
As Is
Yes

More Information

Remarks & Misc

Remarks
Short term rental powerhouse featuring a designer-grade ocean view home with 3rd floor covered deck, 4th floor rooftop deck, three separate living spaces, private heated pool with splash deck and tanning shelf, and massive 22 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Less than 280 feet from the sugar sand beach ensures high occupancy. Includes a free six-seater golf cart, grill, and two paddleboards for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings.

Construction Status

Construction Complete
Yes

Utilities

Community Water
Yes
Electric
Yes
Gas - Natural
Yes
Septic Tank
Yes

Zoning

Resid Single Family
Yes

Energy

AC - 2 or More
Yes
AC - Central Elect
Yes
Water Heater - Elect
Yes

Bedroom

First
Yes
Second
Yes

Kitchen

First
Yes

Living Room

First
Yes
Second
Yes

Rooms

Bedroom
Yes
Dining Area
Yes
Kitchen
Yes
Living Room
Yes

Property Features

Construction Status: Construction Complete Zoning: Resid Single Family Utilities: Community Water; Electric; Gas - Natural; Septic Tank Energy: AC - 2 or More; AC - Central Elect; Water Heater - Elect Bedroom: First; Second Kitchen: First Living Room: First; Second Rooms: Bedroom; Dining Area; Kitchen; Living Room

Room Information

Room Name Level Dimensions Length Width
Bedroom First 16 x 13 16.00 13.00
Bedroom First 13 x 13 13.00 13.00
Living Room First 14 x 19 14.00 19.00
Dining Area First 23 x 19 23.00 19.00
Kitchen First 16 x 19 16.00 19.00
Living Room Second 23 x 14 23.00 14.00
Bedroom Second 13 x 13 13.00 13.00
Bedroom Second 15 x 13 15.00 13.00
Bedroom Second 16 x 12 16.00 12.00
Bedroom Second 16 x 13 16.00 13.00
Listing Office: Century 21 Wimco Realty Inc
Last Updated: May - 01 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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