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3587 Waverly Circle, Destin, FL
INVESTOR DREAM in Destin Pointe - 9.4%+ NET CAP RATE WITH PROVEN INCOME! Located in the popular gated community of Destin Pointe, this high-yield SHORT-TERM RENTAL GROSSED OVER $202K in 2023 and is already at nearly $145K YTD for 2025. With annual ownership costs of just $47K, this property delivers strong cash flow— Designed for dual-family or group bookings, the home features TWO KITCHENS, offering rare flexibility and privacy for guests. Enjoy a private in-ground POOL, DEEDED BEACH ACCESS, NEW 2024 metal roof and water heater, 2022 HVAC, and fresh paint inside & out. The seller is also offering to continue professional property management at just 15%. Ready for your next hIgh-performing investment? Schedule a private tour today before the next booking rolls in!
Property Details
| Property Type | Residential |
|---|---|
| Mls # | 972716 |
| LotSize | 0.11 acres |
| Property Subtype | Single Family Residence |
| Year Built | 2000 |
| Cooling Systems | ceiling fan(s),central air |
| Exterior Types | frame,stucco |
| Heating Fuels | central |
|---|---|
| Parking Types | garage,guest |
| Num Of Floors | 2 |
| Appliances | Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer |
| Floor Coverings | Tile, Vinyl |
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Reviews
Hillary helped find us the perfect home in Miramar Beach Florida. She was patient with our search for the property that fit our goals. It ended up taking us a while due to our hectic schedule and she...
08/09/2025 - SERVPRO of Bellaire
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Hillary has been so quick to provide detailed information and answer questions promptly. Very professional and knowledgable and so much appreciated!
06/30/2025 - Kelly Park
The most AMAZING realtor you could ask for. She was so wonderful, we went back a second time with selling our home in Miramar Beach. She was over-the-top accommodating. Next level service. Super...
03/03/2025 - Jillian Lane Wyant
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Hillary Driscoll Olds is awesome! I had to sell my father’s waterfront home in Niceville. I’m from South Carolina and didn’t know who to contact, but found Hillary through area realtors on the...
02/27/2025 - Erik Hund
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Sold my land in Santa Rosa Beach, FL but I live in Alabama. I didn’t know any realtor but I found Hillary on a realtor website. Hillary kept me updated on everything that I needed to know & made...
02/14/2025 - Cynthia Bertolone
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View more reviewsHillary with LoKation Realty is amazing in so many ways! Being out of state buyers, my wife and I needed someone that had extensive knowledge of the area and market as well as someone who was willing...
01/07/2025 - Mark Genet
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