Jeremy Ramsey
Five Star Properties RE FL Inc
(855) 425-6048
55 Total Sales
19 in Destin
$405K - $7.7M Price Range
96 Cobia St Destin, FL 32541
Destin AreaEstimated Value: $3,177,000 - $3,205,000
8
Beds
8
Baths
4,309
Sq Ft
$740/Sq Ft
Est. Value
Highlights
- Beach
- In Ground Pool
- Newly Painted Property
- Destin Elementary School Rated A-
- Primary Bedroom Suite
- Vaulted Ceiling
About This Home
As of November 2022Enjoy this high-revenue investment property with $368,000+ annual gross rental income for 2022 with room for additional bookings. Newly built, finely appointed interiors define this modern beach house primely located near the white sandy beaches in the heart of Destin's Crystal Beach. Strategically designed and furnished to optimize short term rental opportunity, this home falls under the Bert Harris Act Agreement, which means it can permanently sleep up to 28 guests. It is not subject to the restrictive occupancy and parking ordinances recently imposed by the City of Destin. Notable features include a resort-style pool and spa, ample space for outdoor entertainment, oversized parking for up to eight vehicles, three separate living areas, and expansive balconies for each bedroom suite. Upon entering the open floor plan you will find the luxurious gourmet kitchen complete with quartz countertops, stainless steel appliances, and chic chevron tile backsplash. The master suite is conveniently located on the first level and offers ample privacy including an en-suite bathroom complete with dual vanities, premium tile flooring and accents, private walk-in closet, spacious soaking tub and a sizable walk-in shower. Each suite was designed to comfortably accommodate guests including a bunk room for kids. Crystal Sunset is located in the heart of Destin near Barracuda St beach access as well as prime shopping, world class restaurants, golfing, boating and local entertainment.
Last Agent to Sell the Property
Bari Group
Berkshire Hathaway HomeServices Listed on: 09/23/2022
Last Buyer's Agent
Alysha Neidert
Keller Williams Realty Destin
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,079
Year Built
- Built in 2019
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50x150
- Back Yard Fenced
Home Design
- Beach House
- Newly Painted Property
- Exterior Columns
- Frame Construction
- Metal Roof
- Cement Board or Planked
Interior Spaces
- 4,309 Sq Ft Home
- 3-Story Property
- Furnished
- Shelving
- Woodwork
- Crown Molding
- Coffered Ceiling
- Tray Ceiling
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Window Treatments
- Family Room
- Living Room
- Dining Room
- Utility Room
- Fire and Smoke Detector
Kitchen
- Walk-In Pantry
- Electric Oven or Range
- Self-Cleaning Oven
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Painted or Stained Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- 8 Full Bathrooms
- Separate Shower in Primary Bathroom
- Garden Bath
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Balcony
- Covered Patio or Porch
- Built-In Barbecue
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- Multiple cooling system units
- Central Air
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-0580-0023-0080
Community Details
Overview
- Crystal Beach Subdivision
Recreation
- Beach
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
Sep 23, 2022
Closed on
Nov 30, 2022
Sold by
Bought by
Seller's Agent
Bari Group
Berkshire Hathaway HomeServices
Buyer's Agent
Alysha Neidert
Keller Williams Realty Destin
List Price
$3,799,000
Sold Price
$3,500,000
Premium/Discount to List
-$299,000
-7.87%
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
-$309,790
Avg. Annual Appreciation
-2.46%
Original Mortgage
$2,450,000
Outstanding Balance
$2,351,293
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$838,917
Purchase Details
Listed on
Jan 10, 2020
Closed on
Mar 3, 2020
Sold by
Bought by
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Bari Group
Berkshire Hathaway HomeServices
List Price
$1,710,000
Sold Price
$1,710,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.88%
Original Mortgage
$1,453,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 2018
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
$1,310,000
Interest Rate
4.9%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 11, 2003
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Destin, FL
-
Jeremy Ramsey
-
Cheryl Manganiello
Cheryl Manganiello
Compass
(844) 645-0521
30 Total Sales
1 in Destin
$1,800,000 Price
-
Angela Lemke
Angela Lemke
Bastion Realty LLC
(850) 876-5697
22 Total Sales
15 in Destin
$289K - $940K Price Range
-
Justin Myers
Justin Myers
EXP Realty LLC
(850) 613-0652
142 Total Sales
6 in Destin
$365K - $3.9M Price Range
-
Jessica Rintala
Jessica Rintala
Beach Sunsets Inc
(850) 613-0822
20 Total Sales
1 in Destin
$376,000 Price
-
Sandra Sharpe
Sandra Sharpe
Coldwell Banker Realty
(850) 904-4434
62 Total Sales
14 in Destin
$215K - $1.2M 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 |
|---|---|---|---|
| $3,500,000 | New Title Company | ||
| $1,710,000 | None Available | ||
| $365,000 | Shoreline Title Llc | ||
| -- | -- |
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 | $2,450,000 | ||
| Previous Owner | $1,474,000 | ||
| Previous Owner | $1,465,000 | ||
| Previous Owner | $1,453,500 | ||
| Previous Owner | $1,310,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 03/02/2023 03/02/23 | Off Market | $3,500,000 | -- | -- | |
| 11/30/2022 11/30/22 | Sold | $3,500,000 | -7.9% | $812 / Sq Ft | |
| 10/18/2022 10/18/22 | Pending | -- | -- | -- | |
| 09/23/2022 09/23/22 | For Sale | $3,799,000 | +122.2% | $882 / Sq Ft | |
| 03/04/2020 03/04/20 | Sold | $1,710,000 | 0.0% | $397 / Sq Ft | View Prior Sale |
| 01/29/2020 01/29/20 | Pending | -- | -- | -- | |
| 01/10/2020 01/10/20 | For Sale | $1,710,000 | -- | $397 / 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 | $29,740 | $2,511,072 | $566,284 | $1,944,788 |
| 2024 | $31,539 | $2,635,358 | $549,791 | $2,085,567 |
| 2023 | $31,539 | $2,640,065 | $513,822 | $2,126,243 |
| 2022 | $18,712 | $1,701,802 | $467,111 | $1,234,691 |
| 2021 | $16,079 | $1,294,757 | $321,300 | $973,457 |
| 2020 | $15,179 | $1,213,180 | $306,000 | $907,180 |
| 2019 | $3,881 | $306,000 | $306,000 | $0 |
| 2018 | $2,780 | $240,108 | $0 | $0 |
| 2017 | $2,617 | $224,400 | $0 | $0 |
| 2016 | $2,363 | $201,400 | $0 | $0 |
| 2015 | $2,213 | $185,000 | $0 | $0 |
| 2014 | $1,904 | $150,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2022
Bari Group
Berkshire Hathaway HomeServices
-
A
Buyer's Agent in 2022
Alysha Neidert
Keller Williams Realty Destin
-
S
Seller's Agent in 2020
Spears Group
Scenic Sotheby's International Realty
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 908787
APN: 00-2S-22-0580-0023-0080
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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