$3,800,000

65 Cobia St Destin, FL 32541

Estimated payment $22,217/month

Total Views 2,755
8 Beds
8.5 Baths
4,810 Sq Ft
$790 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Multiple cooling system units
  • Dining Area
  • Destin Elementary School Rated A-
  • Living Room

About This Home

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.

Listing Agent

Ethan Knight

Century 21 Wimco Realty Inc License #3645655 Listed on: 04/05/2026

Century 21 Wimco Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,596

Year Built

  • Built in 2023

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,810 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Dining Area

Bedrooms and Bathrooms

  • 8 Bedrooms

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Electric Water Heater
  • Septic Tank

Community Details

  • Crystal Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0580-0005-0190

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,596

Year Built

Built in 2023

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 50x150
  • Subdivision Name: CRYSTAL BEACH
  • Directions: Directions: From US Highway 98, turn south onto Regatta Bay Blvd. Continue on Regatta Bay Blvd, then turn west onto Luke Ave. Follow Luke Ave and turn south onto Cobia St; the property will be on your left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2023
  • Utilities Electric: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Septic Tank: Yes
  • Utilities:Community Water: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Water Heater - Elect
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 8

Exterior Features

  • Pool Features: Pool Type
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Septic Tank
  • Utilities: Community Water, Electric, Gas - Natural

Schools

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

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 00-2S-22-0580-0005-0190
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 24595.56
  • Tax Year: 2025

Map

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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
2025 $24,596 $2,076,714 $622,913 $1,453,801
2024 $7,509 $2,107,198 $604,770 $1,502,428
2023 $7,509 $628,555 $565,205 $63,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2026 04/05/26 For Sale $3,800,000 -- $790 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $690,000 Aqua Title Services
Corporate Deed $64,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,629,700 No Value Available
Source: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 999871

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0580-0005-0190

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