$1,199,500

4458 Clipper Cove Destin, FL 32541

Estimated payment $7,332/month

Total Views 8,820
4 Beds
2 Baths
1,806 Sq Ft
$664 Price per Sq Ft

Highlights

  • Deeded access to the beach
  • Newly Painted Property
  • Furnished
  • Destin Elementary School Rated A-
  • Florida Architecture
  • Screened Porch

About This Home

Major Price Reduction! This home was rented for an astounding 337 days in 2024....with a an approximate net income of $125-130K!!! Not many homes can boast such an impressive ROI and CAP rate. Being only 250' from the community pool and 1,400' feet to the sand, allows one to easily access both within minutes. Such distance and ease of getting to the beach, is paramount for a successful vacation-rental home! Immaculate condition and tastefully appointed decoration will ensure continued 5-star reviews, as can be seen here: (VRBO #3297657 & AirBNB #824871926833165996) Make this cash-cow a part of your successful investment portfolio! (Buyer to verify all dimensions, statements and claims expressed herein).

Listing Agent

Dean Ladick

Keller Williams Realty Destin License #no data Listed on: 03/05/2025

Keller Williams Realty Destin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,928

Year Built

  • Built in 1994

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 61' x 98'
  • Back Yard Fenced
  • Interior Lot

HOA Fees

  • $103 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Newly Painted Property
  • Exterior Columns
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,806 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Patio
  • Gazebo

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0583-0000-0610

Community Details

Overview

  • Association fees include accounting, ground keeping, licenses/permits, recreational faclty
  • Crystal Beach Cottages Ph 2 Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,928

Year Built

Built in 1994

Lot Details

0

HOA Fees

$103 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 61' x 98'
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: EKW1
  • Co List Office Phone: 850-654-2900
  • Subdivision Name: CRYSTAL BEACH COTTAGES PH 2
  • Directions: From Hwy. 98, go south on Crystal Beach Drive South to Luke Ave. Make a right and turn South on Clipper Cove. Follow the street to the South side of the subdivision, where you will find the property..
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1994
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Floor Tile, Floor Vinyl
  • Interior Amenities: Breakfast Bar, Newly Painted, Split Bedroom, Washer/Dryer Hookup
  • Window Features: Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Lot Features: Interior, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Frame, Siding Vinyl
  • Exterior Features: Columns, Fenced Back Yard, Pavillion/Gazebo
  • Foundation Details: Slab
  • Patio And Porch Features: Patio Open, Porch Screened
  • Property Condition: Renovated, Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:Columns: Yes
  • Exterior:PavillionGazebo: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Deed Access, Pets Allowed, Pool, TV Cable
  • Association #2 Fee: 1233.65
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Licenses/Permits, Recreational Faclty

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 00-2S-22-0583-0000-0610
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 7928.43
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $7,998 $697,143 $458,159 $238,984
2023 $7,998 $669,479 $428,185 $241,294
2022 $1,767 $185,593 $0 $0
2021 $1,759 $180,187 $0 $0
2020 $1,742 $177,699 $0 $0
2019 $1,718 $173,704 $0 $0
2018 $1,699 $170,465 $0 $0
2017 $1,687 $166,959 $0 $0
2016 $1,641 $163,525 $0 $0
2015 $1,664 $162,388 $0 $0
2014 $1,669 $161,099 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $1,199,500 -4.0% $664 / Sq Ft
05/31/2025 05/31/25 Price Changed $1,249,900 -3.8% $692 / Sq Ft
03/05/2025 03/05/25 For Sale $1,299,000 +55.6% $719 / Sq Ft
08/18/2024 08/18/24 Off Market $835,000 -- --
08/19/2022 08/19/22 Sold $835,000 -1.8% $511 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $850,000 -- $520 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $835,000 Vintage Title & Escrow
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $770,000 New Conventional
Previous Owner $487,500 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 970255

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0583-0000-0610