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3463 Scenic Hwy 98, Destin, FL 32541
$6,495,000
3463 Scenic Hwy 98, Destin, FL 32541View this property at 3463 Scenic Hwy 98, Destin, FL 32541
3463 Scenic Hwy 98DestinFL32541
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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 grandfathered for 5 years....with only 2-3 years remaining. This one is forever, guaranteeing continued higher revenue in the future. Sleeping 34 people, it's ideal for large reunions, weddings, parties, retreats and such. Splash also offers a beautiful outdoor kitchen & fireplace, 3 full-size washers & dryers, numerous refrigerators & ice machines, a huge open living area with lots of room for dining, 7 balconies, a sunken bar in the pool (with 12 underwater chairs), huge garage, game room and a 4th story rooftop deck so you can enjoy sunset every day. The home is just steps to the beach, walking distance to restaurants and close to shopping, golf, dining and all activities our beautiful paradise has to offer! Because the owners have decided to voluntarily make some improvements and upgrades (for example, adding a roof to the third floor balcony, decorative tile work in the outdoor kitchen and changing some stone work around the pool), they are NOT PERMITTING SHOWINGS UNTIL COMPLETION on February 8th. You may submit an offer contingent upon a personal inspection. Proof of funds must accompany any offers and a CRSP-16 is preferred.
Full Property Details
Full Property Details for 3463 Scenic Hwy 98
General
- Sold For: $6,495,000
- Taxes: $33,054 (2021)
- Status: Closed
- Type: Single Family
- MLS ID: 889145
- Added to Site: 847 day(s) ago
Interior
- Rooms/Areas: Bedroom, Dining Room, Family Room, Kitchen, Living Room
- Interior Features: Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace, Floor Tile, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Lighting Track, Newly Painted, Pantry, Shelving, Washer/Dryer Hookup, Wet Bar
- Appliances: Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Ice Machine, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Stove/Oven Gas, Washer, Wine Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 8
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Living Room: Living Room
- Family Room: Family Room
- Kitchen: Kitchen
- Dining Room: Dining Room
Additional Information
- Shared Amenities: Beach, Community Room, Pool, Tennis
- Pool: Yes
Exterior
- Exterior Features: 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
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage Attached, Oversized
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: Grand Palms S/D
- Driving Directions: From the Mid-Bay Bridge, continue south on Hutchinson until it dead ends into Scenic Hwy. 98. Make a left and home will be about 1/2 mile on the north side of the street.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Fort Walton Beach
Heating & Cooling
- Heating/Cooling: AC - 2 or More, AC - Central Elect, Ceiling Fans, Water Heater - Elect
Utilities
- Utility Description: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
Structural Information
- Architectural Style: Beach House
- Construction: Frame, Stucco
- Stories/Levels: 3
- Square Feet: 6,465
- Sq. Ft. Source: County PA Records
- Year Built: 2015
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.31
- Lot Dimensions: 60 x 215
- Street/Road Desc.: Paved Road
- Lot Features: Within 1/2 Mile to Water
- Zoning: Resid Single Family
Financial Considerations
- Assessment Amount: $2,472
- Assmt Payment Freq: Annually
- Tax Amount: $33,054
- Tax Year: 2021
- Terms: Conventional
Disclosures and Reports
- Legal Description: GRAND PALMS S/D LOT 2
- Assessment: Yes
- APN: 00-2S-22-0541-0000-0020
Listed by Keller Williams Realty Destin
Sold by Realty ONE Group Emerald Coast
Get Pre-Approved Today
Schools
Schools serving 3463 Scenic Hwy 98
School District:Okaloosa County School District
Rating | Name | Grades | Distance |
---|---|---|---|
4608 Legendary Marina Dr, Destin, FL 32541 | 5-8 | 1.4 mi | |
630 Kelly St, Destin, FL 32541 | PK-5 | 4.8 mi | |
400 Hollywood Blvd Sw, Ft Walton Bch, FL 32548 | 9-12 | 13.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3463 Scenic Hwy 98
Date
Details
Price
Change
Source
5/25/2022
Sold
$6,495,000
—
MLS
1/16/2022
Listed
$6,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3463 Scenic Hwy 98, Destin, FL 32541 (MLS# 889145) is a Single Family property that was sold at $6,495,000 on May 25, 2022. Want to learn more about 3463 Scenic Hwy 98? Do you have questions about finding other Single Family real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.