71 Stingray Street
About This Property
This 3 story home has Open Floor plan when you walk into the Living/Dining Room with additional Kitchen, Game Room and 2 Bedrooms on the first floor.
The Second floor has the large Master Bedroom, and an additional bedroom. The third floor is an open, covered Balcony to sit and watch the beautiful Sunsets on your Own Private Slice of the Beautiful Gulf.
Walk to the back yard to your private pool and your fenced in seclusion and beautiful Landscaping.
Not enough?! Walk off into your Quaint Carriage House with Full Bedroom and large Bunk area, with Kitchenette, and Private Bathroom! Flirty Flamingo has new Brick Pavers to park up to 6 cars and lush Landscaping surroundings. Flirty Flamingo is an Amazing Investment Beach Home, Second Home or your Private Residence.
Flirty Flamingo is one of the rare "Rental Grandfathered In Properties" and is legally able to sleep 20 people. A Must See! All dimensions and information herein is deemed reliable, but should be verified by buyer.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 7, 2023 | No longer available | - | |
| No longer available | |||
| Aug 1, 2023 | Listed by Lokation Real Estate | $2,650,000 | |
| Listed by Lokation Real Estate | |||
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Welcome to Flirty Flamingo! This updated 3 story vacation rental property has an open floor plan and sits just a few hundred feet from the Gulf of Mexico. Many enhancements have been made over the last year including new furnishings, interior paint and metal roof for both the main and carriage house. Grandfathered in with the City of Destin for additional capacity, up to 20 people can sleep comfortably on the premises. This home is designed with the family beach vacation in mind and will serve as the setting in many memories for years to come. See the video here: https://youtu.be/eQjCJC_H73o The manager has listed the unit size as 3014 square feet.
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| Mar 25, 2021 | Sold | ||
| Sold | |||
| Dec 3, 2020 | Listed by Engel & Volkers Destin | $1,499,000 | |
| Listed by Engel & Volkers Destin | |||
| Nov 28, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017