Abigail Davis
Responds Quickly
Corcoran Reverie
(423) 497-0954
62 Total Sales
2 in Destin
$400K - $1.1M Price Range
3587 Waverly Cir Destin, FL 32541
Destin AreaEstimated Value: $1,343,000 - $1,456,110
5
Beds
4
Baths
2,695
Sq Ft
$512/Sq Ft
Est. Value
Highlights
- Beach
- Deeded access to the beach
- Fishing
- Destin Elementary School Rated A-
- In Ground Pool
- Primary Bedroom Suite
About This Home
As of March 2026High-performing income property located in the gated community of Destin Pointe, PURPOSE-BUILT FOR SHORT TERM RENTAL SUCCESS. This proven vacation rental has generated $171,229 in 2024, and $162,102 in 2025, with $125,706 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 include a PRIVATE HEATED IN-GROUND POOL, GARAGE W/ SPACE FOR GOLF CART STORAGE, DEEDED BEACH ACCESS, BEACH FRONT INFINITY POOL, and a seasonal community tram providing convenient access to the beach. Recent improvements include a 2024 metal roof and water heater, 2022 HVAC, and fresh interior and exterior paint, helping reduce near-term capital expenses. The seller is willing to continue professional property management at just 15%, offering a seamless transition for investors seeking a HANDS-OFF OWNERSHIP EXPERIENCE. This is an opportunity for buyers focused on net income, bookings in place, and cash-flow potential, rather than a traditional second-home layout. Ideal for investors or second-home buyers who prioritize revenue generation over cost offset in one of Destin's most established short-term rental communities.
Last Agent to Sell the Property
Lokation License #3138973 Listed on: 02/05/2026
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,803
Year Built
- Built in 2000
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50x100
- Property fronts a private road
- Back Yard Fenced
- Sprinkler System
Parking
- 1 Car Attached Garage
- Guest Parking
Home Design
- Beach House
- Frame Construction
- Metal Roof
- Wood Trim
- Piling Construction
- Stucco
Interior Spaces
- 2,695 Sq Ft Home
- 2-Story Property
- Furnished
- Vaulted Ceiling
- Ceiling Fan
- Window Treatments
- Living Room
- Dining Room
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
- 4 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Deeded access to the beach
- Balcony
- Built-In Barbecue
- Porch
Location
- Flood Insurance May Be Required
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Short Term Rentals Allowed
- Assessor Parcel Number 00-2S-24-0110-0000-0170
Community Details
Overview
- Property has a Home Owners Association
- Association fees include accounting, management, master, recreational faclty, cable TV, trash
- Destin Pointe Subdivision
Amenities
- Picnic Area
- Community Pavilion
Recreation
- Beach
- Tennis Courts
- Community Pool
- Fishing
Security
- Gated Community
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2026
Closed on
Mar 23, 2026
Sold by
Bought by
Seller's Agent
Hillary Driscoll Olds
Lokation
Buyer's Agent
Dustin Cornwell
Dream Destin Realty PLLC
List Price
$1,390,000
Sold Price
$1,361,000
Premium/Discount to List
-$29,000
-2.09%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,528
Avg. Annual Appreciation
3.72%
Original Mortgage
$1,088,800
Outstanding Balance
$1,085,588
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$294,940
Purchase Details
Closed on
Dec 8, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$994,390
Interest Rate
3.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2021
Sold by
Bought by
Purchase Details
Closed on
Mar 16, 2012
Sold by
Bought by
Purchase Details
Closed on
Aug 25, 2003
Sold by
Bought by
Purchase Details
Closed on
Dec 21, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Destin, FL
-
Abigail Davis
-
Bob Thomas
Bob Thomas
Counts Real Estate Group Inc
(817) 330-6823
21 Total Sales
1 in Destin
$695,000 Price
-
Sara Violette
Sara Violette
Responds QuicklyEXP Realty LLC
(850) 818-3063
31 Total Sales
1 in Destin
$295,000 Price
-
Opey Russ
Opey Russ
Gulf Life Real Estate Inc
(850) 467-9563
28 Total Sales
2 in Destin
$1,065,000 Price Range
-
Barbie Sneed
Barbie Sneed
Coldwell Banker Realty
(443) 489-4518
19 Total Sales
1 in Destin
$486,000 Price
-
Beverly Buck
Beverly Buck
Responds QuicklyColdwell Banker Realty
(850) 660-9581
303 Total Sales
3 in Destin
$399K - $679K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,361,000 | Emerald Coast Title Services | ||
| $1,105,000 | Attorney | ||
| $675,000 | Attorney | ||
| $435,000 | None Available | ||
| $539,000 | Touchstone Land Title Inc | ||
| -- | Advance Title Inc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,088,800 | ||
| Closed | $994,390 | ||
| Previous Owner | $100,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2026 03/27/26 | Sold | $1,361,000 | -2.1% | $505 / Sq Ft |
| 02/18/2026 02/18/26 | Pending | -- | -- | -- |
| 02/05/2026 02/05/26 | For Sale | $1,390,000 | -- | $516 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,718 | $1,195,914 | $495,945 | $699,969 |
| 2024 | $11,803 | $1,215,613 | $481,500 | $734,113 |
| 2023 | $11,803 | $1,054,942 | $336,553 | $718,389 |
| 2022 | $10,204 | $846,724 | $205,957 | $640,767 |
| 2021 | $8,353 | $672,669 | $178,500 | $494,169 |
| 2020 | $7,909 | $632,133 | $170,000 | $462,133 |
| 2019 | $7,372 | $581,155 | $170,000 | $411,155 |
| 2018 | $6,856 | $533,926 | $0 | $0 |
| 2017 | $6,617 | $506,323 | $0 | $0 |
| 2016 | $6,135 | $472,304 | $0 | $0 |
| 2015 | $5,947 | $453,896 | $0 | $0 |
| 2014 | $5,557 | $426,957 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Hillary Driscoll Olds
Seller's Agent in 2026
Hillary Driscoll Olds
Lokation
(850) 699-0344
57 Total Sales
-
Dustin Cornwell
Buyer's Agent in 2026
Dustin Cornwell
Dream Destin Realty PLLC
(850) 533-7033
66 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 993129
APN: 00-2S-24-0110-0000-0170
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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