89 Stingray Street, Destin, FL 32541

$755,000
5
BD
4
BA
2,482
SqFt
Sold Price
$755,000
List Price
$789,000
Closing Date
Apr 12, 2019
MLS#
813084
Status
SOLD
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
5
Bathrooms
4
Living Area
2,482
Lot Size
7,405
Neighborhood
1404 - Destin Beaches East

Property Description

Believe it. 12% CapRate based on new list price and $92,000 2018 income. 14% CapRate based 2019 BOOKINGS. ''Southern Charm'' has everything an investor/owner could ever want. The Crystal Beach LOCATION is perfect. The 5 bedrooms 3.5 baths make it family friendly.Heated pool and a golf cart make it convenient. The excellent rental income makes it cash flow. 3 Public Beach access points are 1 blk away. Southern wraparound porches add another 1200 sq ft of enjoyable space. Check out the reviews of the property- and the strong 2019 bookings on VRBO #905117. The interior has been recently painted and new carpeting installed in 2018. Home is being sold fully furnished and golf cart conveys with acceptable offer. See cost to own and return on investment docs or call

Additional Information

Acres
0.17
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Stove/Oven Electric, Washer
Association
Emerald Coast
Construction Siding
Foundation Off Grade, Frame, Roof Metal, Roof Pitched, Siding Vinyl, Trim Wood
Design
Florida Cottage
Elementary School
Destin
Energy
AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
Exterior Features
Balcony, BBQ Pit/Grill, Fenced Lot-Part, Fenced Privacy, Pool - Heated, Pool - In-Ground, Porch, Shower
High School
Fort Walton Beach
Interior Features
Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Floor Tile, Floor WW Carpet, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Garden
Legal Description
CRYSTAL BEACHLOT 18 BLK 22
Lot Dimensions
50 X 150
Lot Features
Within 1/2 Mile to Water
Middle School
Destin
Neighborhood
1404 - Destin Beaches East
Stories
3
Subdivision
Crystal Beach
Utilities
Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
Year Built
1992
Zoning
City

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Coastal Properties. Selling Office: Engel & Volkers 30A Beaches.