3463 Scenic Hwy 98, Destin, FL 32541

$6,495,000
Property Type: Residential Bedrooms: 8 Baths: 9 Square Footage: 6,465 Lot Size (sq. ft.): 13,504 Status: Sold
Current Price: $6,495,000 List Date: 1/17/2022 Last Modified: 10/25/2024

Overview

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

Supplements: 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 machi ...

Listing Details MLS# 889145

Status Change Info

Under Contract Date
2022-02-08
Sold Date
2022-05-25
Sold Price/SqFt
1004.64

Contract Info

List Price/SqFt
1004.64
Listing Board
Emerald Coast

Location Tax and Legal

Area
14 - Destin
Street #
3463
Street Name
Scenic Hwy 98
State
FL
Zip Code
32541
County
Okaloosa
Project Name/Subdivision
GRAND PALMS S/D
Parcel ID
00-2S-22-0541-0000-0020

General Property Info

Sub-Type
Detached Single Family
Design
Beach House
Apx SqFt(Htd/Cooled)
6465
SqFt Source
County PA Records
Full Baths
8
Half Baths
Yes
Total Bathrooms
9
# Stories
3
Year Built
2015
Immediate Occupancy
Yes
Garage
Yes
Carport
No
Garage Spaces
2
Driveway Spaces
8
Acreage
0.31
Pool
Yes
Pool Type
Private

Location, Tax and Legal

Sub Area
1404 - Destin Beach East
Elementary School
Destin
Middle School
Destin
High School
Fort Walton Beach
Legal Description
GRAND PALMS S/D LOT 2

Listing Info, Tax & Legal

Who Paid Doc Stamps
Seller
Who Paid Title
Buyer
Homestead
No
Is Subject Leased
No
Assessment Fees
Yes
Assessment Amount
2472.74
Assessment Paid
Annually
New Buyer Fee
Yes
New Buyer Fee Amt
150
New Buyer Fee Paid
$
Last Taxes
33054
Last Tax Year
2021
Brokerage Interest
No Interest
As Is
No

More Information

Remarks & Misc

Remarks
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

Construction Status

Construction Complete
Yes

Parking Features

Garage Attached
Yes
Oversized
Yes

Waterview

Gulf
Yes

Lot/Parcel Access

Paved Road
Yes

Lot Features

Within 1/2 Mile to Water
Yes

Project Facilities

Beach
Yes
Community Room
Yes
Pool
Yes
Tennis
Yes

Construction/Siding

Frame
Yes
Stucco
Yes

Utilities

Electric
Yes
Gas - Natural
Yes
Public Sewer
Yes
Public Water
Yes
TV Cable
Yes

Zoning

Resid Single Family
Yes

Exterior

Balcony
Yes
BBQ Pit/Grill
Yes
Columns
Yes
Deck Covered
Yes
Fenced Back Yard
Yes
Fenced Privacy
Yes
Hot Tub
Yes
Patio Open
Yes
Pool - Gunite Concrt
Yes
Pool - In-Ground
Yes
Shower
Yes
Sprinkler System
Yes
Summer Kitchen
Yes

Interior

Built-In Bookcases
Yes
Ceiling Crwn Molding
Yes
Ceiling Raised
Yes
Elevator
Yes
Fireplace
Yes
Floor Tile
Yes
Furnished - All
Yes
Hallway Bunk Beds
Yes
Kitchen Island
Yes
Lighting Recessed
Yes
Lighting Track
Yes
Newly Painted
Yes
Pantry
Yes
Shelving
Yes
Washer/Dryer Hookup
Yes
Wet Bar
Yes

Financing

Conventional
Yes

Appliances

Auto Garage Door Opn
Yes
Central Vacuum
Yes
Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Fire Alarm/Sprinkler
Yes
Freezer
Yes
Ice Machine
Yes
Microwave
Yes
Refrigerator
Yes
Refrigerator W/IceMk
Yes
Smoke Detector
Yes
Stove/Oven Electric
Yes
Stove/Oven Gas
Yes
Washer
Yes
Wine Refrigerator
Yes

Energy

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

Mstr Bdrm/Mstr Bath

MBath Double Vanity
Yes
MBath Separate Shwr
Yes
MBath Tile
Yes
MBed Balcony
Yes

Bedroom

First
Yes
Third
Yes

Kitchen

Second
Yes

Living Room

Second
Yes

Rooms

Bedroom
Yes
Dining Room
Yes
Family Room
Yes
Kitchen
Yes
Living Room
Yes

Fees Include

Accounting
Yes
Legal
Yes
Licenses/Permits
Yes
Management
Yes
Master Association
Yes
Recreational Faclty
Yes

Property Features

Construction Status: Construction Complete Lot Features: Within 1/2 Mile to Water Zoning: Resid Single Family Waterview: Gulf Parking Features: Garage Attached; Oversized Project Facilities: Beach; Community Room; Pool; Tennis Exterior: 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 Interior: 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 Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Water Heater - Elect Bedroom: First; Third Kitchen: Second Living Room: Second Rooms: Bedroom; Dining Room; Family Room; Kitchen; Living Room Financing: Conventional Fees Include: Accounting; Legal; Licenses/Permits; Management; Master Association; Recreational Faclty

Room Information

Room Name Level Dimensions Length Width
Bedroom First 14 x 13 14.00 13.00
Family Room First 18 x 15 18.00 15.00
Dining Room Second 20 x 18 20.00 18.00
Living Room Second 25 x 20 25.00 20.00
Kitchen Second 22 x 20 22.00 20.00
Bedroom Third 14 x 13 14.00 13.00
Bedroom Third 16 x 15 16.00 15.00
Bedroom Third 14 x 14 14.00 14.00
Bedroom Third 14 x 13 14.00 13.00
Bedroom Third 14 x 10 14.00 10.00
Listing Office: Keller Williams Realty Destin
Last Updated: October - 25 - 2024
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