Price Reduction - Waterfront
Address
3590 Waverly Circle, Destin, FL
Price
$ 1,499,000
Property Attributes
- MLS#995903
- TypeSingle Family
- Listing Status Pending
- CountyOkaloosa
- CityDestin
- AreaDestin
- NeighborhoodDESTIN POINTE
- Zip32541
- StyleBeach House
- Year Built1999
- Taxes$ 12292
- Price$ 1,499,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1768
- Lot Size0.14 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Exceptional investment opportunity with a proven track record of strong rental income. This beautifully maintained property generated more than $150,000 in gross rental revenue in 2025 and already has over $128,000 in confirmed bookings for 2026. In addition, future bookings from May 2026 through December 2027 currently exceed $175,000, offering immediate cash flow and outstanding income potential for the next owner. Located on Holiday Isle within Destin Pointe, a gated and private beachfront community, this exceptional four-bedroom home offers both lifestyle and performance in one of Destin's most desirable resort settings. The home features multiple lake-view decks, convenient access to the sugar-white sands of the East Pass, and a private pool ideal for relaxing after a day on the water. An oversized driveway provides ample parking -- a rare and valuable feature in this community. Inside, the thoughtfully designed layout showcases stainless steel appliances, quartz countertops, a new gas range, crisp wainscoting, and a striking grid-pattern ceiling that adds custom coastal character. Extensive recent upgrades enhance the home's turnkey appeal and provide peace of mind, including a new HVAC cooling unit, 47-gallon water heater, pool heater, pool pump with LED lighting, and a resurfaced pool with updated tile. The pool deck has been renovated with new stone pavers, and exterior woodwork has been repaired and freshly painted, complemented by new fencing and a pergola installation. Additional improvements include a full interior repaint, updated lighting, comfort-height toilets, new washer and dryer, new microwave and dishwasher, all new smart TVs, custom bunk beds, new mattresses throughout, updated furnishings, and a new Weber grill. An outdoor shower further elevates the private pool experience. Residents and guests of Destin Pointe also enjoy access to exceptional community amenities, including tennis courts, three community pools (one heated), and two hot tubs, enhancing both owner enjoyment and rental appeal. A rare opportunity to own a high-performing investment property that seamlessly blends strong income potential with the sought-after Destin Pointe coastal lifestyle.
| Elementary School | Middle School | High School |
|---|---|---|
| Destin Elementary School | Destin Middle School | Fort Walton Beach High School |
| Price History | |
|---|---|
| 6/1/2026 | Listed $1,599,000 |
| 8/26/2026 | 6$1,499,000 |
General Features
| Utilities | Electric,Gas - Natural,TV Cable |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| Community Features | BBQ Pit/Grill,Community Room,Fishing,Gated Community,Minimum Rental Prd,Picnic Area,Pool,Tennis,Whirlpool |
| County | Okaloosa |
| Property Type | Residential |
| Subdivision Name | DESTIN POINTE |
| Status | Pending |
| Buyer Financing | Conventional |
| Directions | Hwy 98 to Gulf Shore Drive to Destin Pointe. Once at the gaurd shack, provide address, turn right and the home is on the left. |
| High School | Fort Walton Beach |
| City | Destin |
| MLS Area | 14 - Destin |
| Lot Size Units | Acres |
| Lot Size Square Feet | 6098.4 |
| Elementary School | Destin |
| Middle/Junior High School | Destin |
| MLS Area Minor | 1401 - Destin Beach West |
| Standard Status | Pending |
| View | Lake |
| Waterfront Features | Lake |
| Tax Assessed Value | 1336 |
| Cooling | Ceiling Fans,Gas |
| Patio/Porch Features | Deck Covered,Patio Open |
| Architectural Style | Beach House |
| Construction Materials | Masonite,Stucco |
| Year Built | 1999 |
| Stories Count | 2 |
| Tax Year | 2025 |
| New Construction | false |
| Total Rooms | 6 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Pool Features | Pool - In-Ground,Pool Type |
Interior Features
| Total Baths | 3 |
|---|---|
| Interior Amenities | Breakfast Bar,Built-In Bookcases,Walls Wainscoting,Washer/Dryer Hookup |
| Flooring | Floor Hardwood,Floor Tile |
| Air Conditioning Y/N | true |
| Window Features | Double Pane Windows |
| Furnished Y/N | Furnished - All |
| Fireplace Features | Fireplace Gas |
| Fireplace Y/N | true |
Exterior Features
| Lot Features | Covenants,Sidewalk,Within 1/2 Mile to Water |
|---|---|
| Lot Size Area | 0.14 |
| Lot Dimensions | 50x100x50x107 |
| Lot Size Acres | 0.14 |
| Road Surface Type | Paved |
| Waterfront Y/N | true |
| Exterior Amenities | Balcony,Fenced Back Yard |
| Foundation Details | Foundation On Piling |
| Building Area Total | 1768 |
| Total Parking | 3 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32541
Price
Taxes
Year Built
Emerald Coast Association of REALTORS®, Inc. 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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
