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65 Cobia Street
Destin, FL 32541

$3,800,000 - Status: Active
Bed Icon Beds: 8
Bath Icon Baths: 8 full 1 partial
Sq Feet Icon SQFT (H&C): 4,810
MLS Icon MLS# 999871

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.

Property Features

MLS#: 999871
Zip: 32541
Subdivision: Crystal Beach
Development: 14 - Destin
Property Type: Residential - Single Family
Cooling: Central Air
Days on Site: 89
Home Style: Contemporary
Lot Size: 0.17 acres
Stories: 4.0
Taxes: $24,595
Year Built: 2023
SQFT (H&C): 4,810

Feature Descriptions

Appliances: Water Heater - Elect
Lot Dimensions: 50x150
Parcel Number: 00-2S-22-0580-0005-0190
Pool Features: Pool Type
Property Condition: Construction Complete
Rooms Total: 10
Sewer: Septic Tank
Sub Type: Detached Single Family
Utilities: Community Water, Electric, Gas - Natural

Local Schools

High School: Destin
Middle School: Destin
Elementary School: Destin

65 Cobia Street | MLS# 999871

This single family home located at 65 Cobia Street, Destin, FL 32541 is currently listed for sale with an asking price of $3,800,000. This property was built in 2023 and has 8 bedrooms and 8 full and 1 partial baths with 4810 sq. ft. Cobia Street is located in the CRYSTAL BEACH subdivision. Search CRYSTAL BEACH real estate on kellyhemenway.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Century 21 Wimco Realty Inc

Shown By

Agent Name: Kelly Hemenway
Agent Phone: (214) 552-1027
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 07/03/2026. The listing information on this page last changed on 07/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/03/2026 5:16:43 AM EST) or Emerald Coast MLS (last updated Fri 07/03/2026 12:05:34 AM EST) or Central Panhandle Association of Realtors (last updated Fri 07/03/2026 1:17:30 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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