See Home Value
$1,415,000
● House - Off Market

98 Cobia Street

Destin, FL 32541
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
3,120 Ft²
$1,640,363
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

This lovely coastal home sits on a large corner lot in Crystal Beach, only two short blocks from the beach .  This is an incredible opportunity to own an income producing property. Rental history shows income more than $140k per year. Among its six bedrooms are two masters, one of which is conveniently located on the 1st floor. Two guest bedrooms share a bath while the four remaining feature private baths. French doors open from the great room onto the 850 square-foot wraparound covered porch, beyond which is a paver deck surrounding the 24 x 12-foot heated pool with nearby outdoor shower. The kitchen offers an exceptional amount of storage, granite work & seating at bar areas. Its perimeter cabinets ensconce a 9-foot long island. An equally long bar height counter adds to the already significant seating capacity. The 36-inch tall upper cabinets with crown molding accentuate the 9-foot ceiling height found throughout on both floors. This house comes with the latest technology features such as Nest Thermostasts, Smart programmable door locks, Ring door bell, smart camera and security system.
Unit Size
3,120 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$463
Property Type
House
Property Taxes
$751
HOA Dues
-
Year Built
2015

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (ECAR MLS #875527)

Price History

Date / Event Date Event Price
Jun 9, 2023 No longer available -
No longer available
Apr 21, 2023 Listed by Compass Florida, LLC $2,750,000
Listed by Compass Florida, LLC
This lovely coastal home sits on a large corner lot in Crystal Beach, only two short blocks from the beach . This is an incredible opportunity to own an income producing property, rental projections are $250k plus!!! Occupancy is grandfathered in at 20 people and 6 parking spaces, 2023 booking are over $150K ALREADY!!! Among its six bedrooms are two masters, one suite is located on the main level, while five bedrooms are found upstairs including a primary suite with private balcony access, and an en suite bathroom with a soaking tub and standalone shower. The kitchen offers an exceptional amount of storage, granite countertops & seating at bar areas. Its perimeter cabinets ensconce a 9-foot long island. An equally long bar height counter adds to the alreadysignificant seating capacity. The manager has listed the unit size as 3120 square feet.
Sep 16, 2021 Sold
Sold
Jun 28, 2021 Listed by Coldwell Banker Realty $1,445,000
Listed by Coldwell Banker Realty
May 7, 2015 Sold
Sold
Show More

Property Highlights


Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,498
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,867
  • Gross Building Area: 3,867
  • Building Area: 3,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,120
  • 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 E1/2 LOTS 9 & 10 BLK 23

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0580-0023-0090
  • Block: 23
  • Lot: 9,10
  • Municipality: DESTIN
  • Latitude: 30.385
  • Longitude: -86.4192

    Address

  • Full Address: 98 Cobia St
  • Address - House Number: 98
  • Address - Street Name: Cobia
  • Address - Suffix Type: St
  • State: FL
  • City Name: Destin
  • Carrier Code: C020
  • 4-Digit Zip Code: 3619
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 3,344
  • Tax Year: 2023
  • Tax Amount: $1,471,346
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 1,516,955
  • High Value: 1,814,621
  • Low Value: 1,219,288

    Market Valuation

  • Market Total Value: $1,304,303
  • Market Land Value: $462,440
  • Market Improvement Value: $841,863

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,304,303
  • Assessed Land Value: $462,440
  • Assessed Improvements Value: $841,863

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3489291
  • Previous Sale Recording Date: May 07, 2015
  • Previous Sale Contract Date: May 04, 2015
  • Previous Sale Amount: $780,000
  • 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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 98 Cobia Street built and last sold?
The property at 98 Cobia Street was built in 2015 and last sold on Sep 10, 2021 for $1,415,000.
How much is this home worth?
The estimated value of the home located at 98 Cobia Street is $2,669,918.
What are some comparable homes to 98 Cobia Street?
There are currently no comparable homes to 98 Cobia Street.