See Home Value
$3,250,000
● House - Off Market

88 Pompano Street

Destin, FL 32541
bedrooms
8 Beds
bathrooms
12 Baths, 3 Half Baths
square feet
5,058 Ft²
$19,592
Est. Monthly

About This Property

Discover the pinnacle of vacation homes with this opulent 8-bedroom residence in Destin's Crystal Beach area, featuring 9 full bathrooms (8 en-suite) and 3 half bathrooms for unmatched convenience, all just steps from the Gulf of Mexico's pristine sands. This stunning home has been meticulously crafted with no detail overlooked, from its thoughtful design and amenities to its artistic decorations. Throughout the property, shiplap walls add a touch of sophistication, while each suite boasts its own unique theme, featuring a king bed and private bathroom for ultimate comfort and privacy. An elevator enhances accessibility across all floors, ensuring a seamless experience for all guests. As a high-performing vacation rental with an established rental history, property management and future bookings already in place, this property promises not just a home but a lucrative investment. With its blend of sophisticated design, luxury amenities, and a proven track record in the rental market, this home is the epitome of a turnkey vacation rental, ready to deliver an exceptional experience to those seeking the finest in beachside living.

As you enter, be immersed in an atmosphere of sumptuous relaxation with shiplap accent walls and white-painted wooden ceilings that extend from the foyer through the primary living spaces, enhanced by elegant and durable LVP flooring. The ground floor acts as a center of activity, boasting a splendid open-plan chef's kitchen equipped with stainless KitchenAid appliances, bespoke cabinetry, a gas range with a handy pot filler, a built-in wine fridge, and a substantial island with beautiful countertops. This culinary retreat is perfect for preparing gourmet meals and hosting gatherings. Adjacent to the kitchen, a spacious dining area seats 20+ guests and displays unique vintage-style local artwork that accentuates the area's allure. The adjacent living area, adorned with distinctive metal fish wall art, includes a large wall-mounted TV and an L-shaped sofa for peak relaxation. This level also hosts two king suites, each with tiled walk-in showers; one suite additionally features a large bathtub, offering serene retreats for guests. Completing the ground floor's practical elegance is a conveniently located half bathroom, a fully equipped laundry room concealed behind a barn door, and an elevator, ensuring effortless access to all levels.

Step directly from the first floor into the meticulously crafted backyard, designed with entertainment in mind. This outdoor sanctuary features a covered summer kitchen equipped with a grill, ice maker, sink and beverage fridge. Adjacent to this area is a half bathroom, enhancing guest comfort and accessibility during outdoor dining and socializing. The arrangement is flawlessly complemented by an array of outdoor furnishings, making every gathering seamless and enjoyable. At the core of this retreat is an immense heated saltwater pool, complete with a waterfall wall, tanning ledge and built-in concrete stools, creating a tranquil setting for relaxation and fun. The pool area is accompanied by a luxurious spa and a three-hole putting green, offering a mix of leisure activities that cater to all ages. Lush, tropical landscaping and landscape lighting envelop the space, enhancing the resort-like ambiance that makes every stay feel like a luxurious escape.

Guests can ascend to the second floor either via the elevator or by walking up the wooden stairs, passing through a staircase adorned with shiplap accent walls and unique art, adding a whimsical touch to the ascent. Once upstairs, the main hallway captivates with cool, surf-themed decor, including surfboards mounted as striking wall decorations. This level offers three king suites, each individually themed & decorated for comfort and privacy. An additional half bathroom on this floor ensures accessibility and ease for guests. The second living room serves as a sanctuary for relaxation and entertainment, creating the perfect ambiance for gatherings or tranquil evenings that features a  pool table, shuffleboard and a beverage fridge. A large covered balcony overlooking the pool area provides a sublime setting for morning coffees or sunset cocktails. Additionally, a small balcony on the front of the house, accessible from both one of the bedrooms and a hallway door, enhances the indoor-outdoor flow and offers multiple vantage points to enjoy the surroundings.

Ascend to the third floor and enter a space designed for entertainment and relaxation. At the top of the stairs, guests are greeted by a vibrant collection of artwork featuring celebrities whimsically reimagined as cats and dogs, can you identify all of them? This level houses a dynamic third living area, complete with a wall-mounted TV, sofa and three arcade games alongside a convenient beverage fridge, making it the perfect spot for family fun and leisure. The third floor also offers three king suites, each providing exceptional comfort and privacy. Each suite is uniquely designed with a walk-in tiled shower, and one includes a separate bathtub, adding a spa-like experience. For additional convenience, this floor includes a full bathroom accessible to guests and six custom twin bunks, thoughtfully integrated to accommodate larger groups or families. Adding to the allure, a large covered balcony with outdoor seating overlooks the pool area. This balcony is accessible directly from one of the bedrooms, offering a private retreat, while other guests can access it from the living area, seamlessly blending indoor luxury with outdoor beauty.

This distinguished property highlights an established rental history, meticulous attention to detail, captivating architectural elements, and a stunning array of carefully curated artwork, creating a vibrant atmosphere. As a top-performing vacation rental with property management and future bookings already in place, this property is not just a residence but a profitable investment, blending sophisticated design with luxury amenities and a proven track record in the rental market.
Unit Size
5,058 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$692
Property Type
House
Property Taxes
$2,411
HOA Dues
-
Year Built
2021

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Last updated: 2 years ago (ECAR MLS #947807)

Price History

Date / Event Date Event Price
Jan 7, 2025 Sold
Sold
Apr 19, 2024 Listed by Scenic Real Estate $3,499,000
Listed by Scenic Real Estate
Jul 2, 2023 No longer available -
No longer available
May 3, 2023 Listed by Engel & Volkers Destin $3,875,000
Listed by Engel & Volkers Destin
Welcome to '88 Palms',The pinnacle of vacation homes in Crystal Beach, Destin! This HGTV dream-inspired beach house provides the feng shui and atmosphere to enhance any vacation. Just a short stroll to the beach, this brand new private residence boasts 8 master suites, all with private bathrooms, 3 separate living rooms, billiards table, arcade games, summer kitchen, massive pool with spa, and a 3 hole-putting green! '88 Palms' started its vacation rental journey in February 2022, accomplishing over $287k + in rental revenue (strictly nightly rate; gross income is even higher) for the 2022 calendar year. '88 Palms' also acquired (14) 5-star reviews in 2022 for its family fun Musuem-like artwork throughout. With many repeat travels booked for 2023, '88 Palms' has over $230k in rental revenue on the books, expecting to break over $300k for the 2023 calendar year (strictly nightly rate; gross income is even higher). Understanding the backyard is one of the most critical parts when travelers decide on a home for their next family vacation; careful planning went into the concept. A covered summer kitchen fully equipped with a natural gas grill, ice maker, sink, and beverage fridge, pairs delightfully with the poolside hightop bar tables. The massive saltwater pool comes fully stacked with a sheer descent waterfall wall, tanning ledge, eight-person spa, and 4 built-in concrete stools overlooking a 3 hole putting green. To conclude the design, beautiful tropical landscaping hugs the outskirts and is paired with exciting landscape lighting, creating a resort-like atmosphere. With family meals in mind, a notable chef's kitchen comes outfitted with custom cabinetry, pot filler above the professional gas range, a built-in wine fridge, microwave, ice maker, two dishwashers, and a large island with gorgeous quartz counters that sit 4. The dining area offers two striking wood tables that accommodate 22 total guests. Another vacation favorite is the 2nd-floor billiards room, offering a professional-grade pool table, a shuffleboard table, and a beverage fridge. French doors lead to the expansive covered balconies with comfortable seating for your morning coffee or sunset cocktails.The fun continues on the 3rd and finely floor, offering a stunning 65" Smart TV, a large L-Shaped sofa, and three arcade games (Pac-man, OutRun, and Mortal Kombat). This space also offers a beverage fridge and has open bunks. From its carefully curated design and thoughtful touches, "88 Palms" will undoubtedly be a travel destination for years to come. The manager has listed the unit size as 5058 square feet.
Sep 2, 2021 Sold
Sold
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Property Highlights

Elevator
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 9
  • Full Bathrooms: 9
  • Partial Bathrooms: 9
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,499
  • Lot Size Frontage Feet: 500
  • Total Building Area: 5,826
  • Gross Building Area: 5,826
  • Building Area: 5,058
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 5,058
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRYSTAL BEACH
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: CRYSTAL BEACH LOT 5 BLK 24

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023308

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0580-0024-0050
  • Block: 24
  • Lot: 5
  • Municipality: DESTIN
  • Latitude: 30.3843
  • Longitude: -86.4182

    Address

  • Full Address: 88 Pompano St
  • Address - House Number: 88
  • Address - Street Name: Pompano
  • Address - Suffix Type: St
  • State: FL
  • City Name: Destin
  • Carrier Code: C018
  • 4-Digit Zip Code: 3695
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 5,288
  • Tax Year: 2023
  • Tax Amount: $2,850,026
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.4674
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 6
  • Final Value: 2,340,504
  • High Value: 3,434,601
  • Low Value: 1,246,406

    Market Valuation

  • Market Total Value: $2,562,015
  • Market Land Value: $513,822
  • Market Improvement Value: $2,048,193

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,562,015
  • Assessed Land Value: $513,822
  • Assessed Improvements Value: $2,048,193

    Sales

  • Current Sale Contract Date: Aug 24, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3485491
  • Previous Sale Recording Date: Mar 09, 2020
  • Previous Sale Contract Date: Mar 06, 2020
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Crystal Beach


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Frequently Asked Questions

When was property at 88 Pompano Street built and last sold?
The property at 88 Pompano Street was built in 2021 and last sold on Aug 24, 2021 for $2,444,700.
How much is this home worth?
The estimated value of the home located at 88 Pompano Street is $0.
What are some comparable homes to 88 Pompano Street?
There are currently no comparable homes to 88 Pompano Street.