Four-story furnished beach cottage in a highly desirable location with excellent rental income! This property is located on the south (Gulf/beach) side of Scenic 98 (aka Old 98), which is a great feature as the beach access does not require walking across a major thoroughfare! A private beach walkover approximately 100 yards away is reserved for the 7 exclusive homes on Monaco Street, plus the home enjoys use of the gorgeous pools and fabulous amenities (hot tub, fitness center, arcade, 2 conference rooms, undercover overflow parking) across the street at Crescent Condominiums... The home currently sleeps 20; bunks would allow for 24. Estimated 2015 gross rental receipts are estimated to exceed $125,000!

The spacious kitchen open to the adjacent living room/dining area provides a great gathering place. Six decks--5 screened and one open--provide give excellent views of the Gulf of Mexico or a picturesque lake. Other conveniences include an elevator, 2 washers/dryers, full exterior video surveillance system, fully fenced backyard, 2-car garage and room to park 4 additional vehicles.

This home also offers great flexibility for those looking to live full-time at the beach. The elegant master suite has a trey ceiling, large walk-in closet, soaking tub, dual vanities/sinks, separate sitting room, and private screened balcony. The bonus room could make a great home office or kids' play area, and the ground floor could easily become a separate one-bedroom apartment for a caretaker/nanny, adult child, aging parent, or rental unit.

In addition to being just steps from the beach and Scenic 98's walking path, the home's incredible location is 1/2 mile (walking distance) from Silver Sands Outlet Mall, a new grocery store, multiple restaurants, churches, etc. It's less than 2 miles to the movie theater, quality retail, restaurants, and farmers market at Grand Boulevard, and an easy ride to downtown Destin and the attractions of 30A. All this has helped to build an established customer base of families that return yearly. Please inquire for further details on this excellent opportunity!  

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