3587 Waverly Circle, Destin 32541 (Active)
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| Property Type: Detached Single Family |
| MLS #: | 993129 | Price: | $1,390,000.00 | Year Built: | 2000 | Square Feet: | 2695 | Bedrooms: | 5 | Bathrooms: | 4 Full |
| HOA Fees: | $1,230.40 | Lot Size: | 0.11 acres | Lot Dimensions: | 50x100 |
Subdivision: Destin Pointe
Description:
High-performing income property located in the gated community of Destin Pointe, PURPOSE-BUILT FOR SHORT TERM RENTAL SUCCESS. This proven vacation rental has generated $202,000 in 2023, $175,000 in 2024, and $183,000 in 2025, with $97,000 already on the books for 2026, providing immediate income for a new owner. The home is intentionally designed for group and multi-family bookings, featuring TWO SEPERATE LIVING SPACES with two full kitchens and no interior stairwell, allowing guests to vacation together while maintaining privacy--an ideal setup for extended families, multi-couple groups, and repeat rental guests. While this layout differs from a traditional single-family floor plan, it has consistently driven strong rental performance and repeat bookings. OUTDOOR AMENITIES
Photos
Features
Parking Features: Garage, Guest
Project Facilities: Beach, Deed Access, Fishing, Gated Community, Pavillion/Gazebo, Picnic Area, Pool, Tennis
Construction/Siding: Foundation On Piling, Frame, Roof Metal, Trim Wood
Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard, Pool - In-Ground, Porch, Sprinkler System
Interior Features: Breakfast Bar, Ceiling Raised, Floor Tile, Floor Vinyl, Furnished - All, Owner's Closet, Renovated, Washer/Dryer Hookup, Window Treatment All
Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Utilities: Electric, Public Sewer, Public Water, TV Cable
Energy: AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
Master Suite: MBath Double Vanity, MBath Tile, MBed Balcony
Financing: Conventional, Other
Fees Include: Accounting, Management, Master Association, Recreational Faclty, TV Cable
Existing Leases: Daily/Weekly
Lot/Parcel Access: Paved Road, Private Road
Lot Features: Flood Insurance Req, Within 1/2 Mile to Water
Zoning: Resid Single Family
Schools
| Elementary School: | Destin | Middle School: | Destin | High School: | Destin |
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This listing provided courtesy of Lokation.
This information was last updated on 2/9/2026 2:52:37 PM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2026. All rights reserved.
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