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For sale
  • $3,800,000

    65 Cobia St, Destin, FL 32541

    8beds
    4,810sqft
    : 
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    Single Family Residence
    Built in 2023
    7,405 Square Feet Lot
    $-- Zestimate®
    $790/sqft
    $-- HOA

    What's special

    Designer-grade ocean view homeThree separate living spacesDesigner furnishings
    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. 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 have been achieved. Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Seller will make all reasonable efforts to facilitate the transfer of future reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections are included in the documents section of this listing.
    90 days
    |
    358
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ethan D Knight 706-887-9376,

    Century 21 Wimco Realty Inc

    Source: ECAOR,MLS#: 999871MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 9
      • Full bathrooms: 8
      • 1/2 bathrooms: 1
      Bedroom
      • Level: First
      • Area: 208 Square Feet
      • Dimensions: 16 x 13
      Bedroom
      • Level: First
      • Area: 169 Square Feet
      • Dimensions: 13 x 13
      Bedroom
      • Level: Second
      • Area: 169 Square Feet
      • Dimensions: 13 x 13
      Bedroom
      • Level: Second
      • Area: 195 Square Feet
      • Dimensions: 15 x 13
      Bedroom
      • Level: Second
      • Area: 192 Square Feet
      • Dimensions: 16 x 12
      Bedroom
      • Level: Second
      • Area: 208 Square Feet
      • Dimensions: 16 x 13
      Dining area
      • Level: First
      • Area: 437 Square Feet
      • Dimensions: 23 x 19
      Kitchen
      • Level: First
      • Area: 304 Square Feet
      • Dimensions: 16 x 19
      Living room
      • Level: First
      • Area: 266 Square Feet
      • Dimensions: 14 x 19
      Living room
      • Level: Second
      • Area: 322 Square Feet
      • Dimensions: 23 x 14
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Electric Water Heater
      Features
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 4,810
      • Total interior livable area: 4,810 sqft

      Property

      Features
      • Stories: 4
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 50 x 150
      Details
      • Parcel number: 002S22058000050190
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Sewer: Septic Tank

      Community & HOA

      Community
      • Subdivision: CRYSTAL BEACH
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $790/sqft
      • Tax assessed value: $2,107,198
      • Annual tax amount: $24,595
      • Date on market: 4/5/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/5/2026Listed for sale$3,800,000+450.7%$790/sqft
        Source: ECAOR #999871 Report a problem
        8/26/2021Sold$690,000+978.1%$143/sqft
        Source: Public Record Report a problem
        9/10/2004Sold$64,000$13/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$24,963 +232.5%$2,107,198 +235.2%
        2023$7,509 +21.3%$628,555 +22.3%
        2022$6,192 +73.2%$513,822 +59.9%
        2021$3,575 +6.4%$321,300 +5%
        2020$3,361 +2.6%$306,000
        2019$3,276 +17.9%$306,000 +27.4%
        2018$2,780 $240,108 +7%
        2017$2,780 +6.2%$224,400 +11.4%
        2016$2,617 +10.8%$201,400 +8.9%
        2015$2,363 +6.7%$185,000 +23.3%
        2014$2,213 $150,000 +25%
        2013-- $120,000 +4.3%
        2012-- $115,000 -11.5%
        2011-- $130,000 -7.1%
        2010-- $140,000 -37.8%
        2009-- $225,000 -19.6%
        2008-- $280,000 -6.7%
        2007-- $300,000 -33.3%
        2006-- $450,000 +100%
        2005-- $225,000 +102.5%
        2004-- $111,100 +30.7%
        2003-- $85,000 +21.4%
        2002-- $70,000 +16.7%
        2001-- $60,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32541

        Getting around

        38 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Destin
        • Middle: Destin
        • High: Destin

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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