10 months on rocket

64 Cobia St, Destin, FL, 32541

$2,799,000

8 Bedrooms
5 Full Baths
4,883 SqFt
$573/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Year Built1993
CoolingCeiling Fan(s), Central Air
FireplaceFireplace
ViewGulf
Private PoolYes
MLS #926018
Lot Size0.17 Acres
StatusActive

About 64 Cobia St

Creative Sale Option! Buyer is able to purchase the sellers LLC and take over the low interest debt (3.99%) on this gorgeous cash flowing property! Discover The View a luxurious coastal retreat in Destins sought-after Crystal Beach neighborhood. Set on a prime corner lot just a stones throw from the Gulf of Mexico, this remarkable compound offers stunning gulf views and presents a rental potential of over $325,000 annually as a short term rental. The property features two beautifully updated residences with 8 bedrooms and 5 bathrooms total. The main house greets you with an open layout, abundant natural light, a cozy fireplace, and a gourmet kitchen equipped with high-end appliances. The master suite... ...stands as a haven of relaxation, boasting a king bed and a balcony with awe-inspiring views. A separate carriage house is fitted with two spacious bedrooms, a full kitchen, and laundry facilities. Add to this a captivating game room on the lower level, ideal for entertainment. Outdoor living shines with a private heated pool, hot tub, a shaded bar area, and parking for up to 6 vehicles. Being sold turn-key with stylish, coastal designer furnishings throughout, this property stands as an impressive addition to any investment portfolio. Nestled near world-class restaurants, boutique shopping, and prime golf courses, The View promises a lifestyle of luxury and comfort in one of Destins most desirable locales. Enjoy exceptional returns from this high-end rental property in the heart of coastal living.

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • Year Built: 1993
  • Stories: 3
  • Living Area: 4,883 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Email: fl.admin@exprealty.net
  • Listing Agent: Matthew G Gardner

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Self Cleaning Oven, Refrigerator, Gas Oven, Washer
  • Flooring Type: Hardwood, Laminate, Tile
  • Interior: Breakfast Bar, Built-in Bookshelves, Beamed Ceilings, Cathedral Ceiling(s), Ceiling Crown Molding, Raised Ceiling, Converted Garage, Fireplace, Recessed Lighting, Owners Closet, Pantry, Split Bedroom, Washer/Dryer Hookups, Wet Bar, Window Bay, Window Treatment(s)
  • Fireplace: Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Gulf
  • Exterior: Rain Gutter, Balcony, BBQ Pit/Grill, Columns, Deck Covered, Deck Open, Fenced Lot-Part, Guest Quarters, Lawn Pump, Patio Covered, Pool - Heated, Pool - In-Ground, Porch, Separate Bldg Rent, Separate Living Area, Sprinkler System

Virtual/3D Tour

  • 3D Tour: 64 Cobia St

3D Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Level, Sidewalk, Within 1/2 Mile to Water
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Fort Walton Beach High School, Public District Grades 9-12
  • Destin Middle School, Public District Grades 5-8
  • Northwest Florida Ballet Academie, Public District Grades 3-8
  • Destin Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Highway 98 Head S onto Regatta Bay Rd and follow onto Dolphin St. Turn right onto Scenic Hwy 98 then right onto Cobia St. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,799,000
  • Price Per SqFt: $573/SqFt

Tax Information:

  • Annual Amount: $11,577
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Destin, FL.

Med. Sold Price

$658.1K

Med. Price/SqFt

$408

Avg. Days On Market

85

# of Sold Homes

48

64 Cobia St vs Destin

317 DAYS ON ROCKET

+232 Days

$2,799,000

+$2.1M More

$573/SqFt

+$165 More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $165/SqFt more than other homes in Destin, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #926018

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Email: fl.admin@exprealty.net
  • Listing Agent: Matthew G Gardner

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 12:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 04, 2021Home Sold
$2,100,000
Jun 01, 2020Home Sold
$1,350,000
May 19, 2017Home Sold
$1,100,000
Apr 13, 2010Home Sold
$875,000
Jan 18, 2000Home Sold
$525,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,577$994,150
2018$9,138$711,703
2017$8,646$679,952

History based on county public records data.

Payment Calculator

$14K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,458

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5936182
8
/10
  • Destin Elementary School

  • 630 Kelly St

  • 4.54 miles

  • Public District Grades PK-4

Middle School

school-card-donut-5936183
7
/10
  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 1.32 miles

  • Public District Grades 5-8

school-card-donut-5936184
10
/10
  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 11.11 miles

  • Public District Grades 3-8

High School

school-card-donut-5936185
6
/10
  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 13.38 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,149. The most common annual income of people living in Destin, FL is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 64 Cobia St

What is the listing price of this property?

The listing price of 64 Cobia St property is $2,799,000.

What type of property is this?

The property 64 Cobia St is a house located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 64 Cobia St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 64 Cobia St are:
Destin Elementary School: GreatSchools Rating 8/10
Destin Middle School: GreatSchools Rating 7/10
Northwest Florida Ballet Academie: GreatSchools Rating 10/10
Fort Walton Beach High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $11,577 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 4, 2021 for $2,100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 64 Cobia St has 8 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 64 Cobia St is 4,883 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 64 Cobia St is 1993.
Rocket Homes logo

Interested in 64 Cobia St? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesFloridaOkaloosa CountyDestin3254164 Cobia St

This home is located at 64 Cobia St in Destin, FL and zip code 32541. This 4,883 square foot home, which was built in 1993, sits on a 0.17 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 21, 2023 and is currently priced at $2,799,000.

Over 7 listings were sold over their listed price in April 2024 in Destin, FL. In the same period over 34 listings were sold below the listed price and 7 listings were sold for the listed price. The number of listings in Destin, FL increased by 5.2% between March 2024 and April 2024. In April 2024 median list price was $658,185 and the average listing age was 85 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources