4705 Ocean Boulevard | Spears Group

Property Description

Unparalleled second tier positioning yielding 180 degree Gulf and western views define this beautifully remodeled and finely appointed coastal retreat located in the prestigious guard gated neighborhood of Destiny by the Sea. Reimagined by designer Leigh Ann Harris at Burrow Interior Design and beautifully remodeled by Andy Beno of Old South Homes, this five bedroom home offers exemplary quality with notable finishes and premium design appointments. This home has been utilized as a top producing rental property while being pristinely maintained with historic rental income ranging from $185,000 - $200,000+ annually. Gross annual rental projections exceed $250,000 for 2022 and could exceed $300,000 with a pool addition.

Overview

Property Status

Sold

Lot Size

0.14 Acres

MLS ID

892209

Property Type

Residential

Year Built

1998

Features & Amenities

Neighborhood

Destin

Architecture Styles

Beach House

View Description

Gulf

Stories

Utilites

Electric, Public Sewer, Public Water, TV Cable

Lot Features

Corner, Covenants, Cul-De-Sac, Dead End, Irregular, Restrictions, Sidewalk, Within 1/2 Mile to Water

Air Conditioning

Ceiling Fan(s)

Substructure

Frame, Roof Tile/Slate, Slab, Stucco

HOA Amenities

Beach, Deed Access, Gated Community, Pool, Waterfront

Other Exterior Features

Balcony, Patio Covered, Porch, Renovated

Elementary School

Destin

Middle School

Destin

High School

Fort Walton Beach

Sales Price

$3,050,000

Real Estate Tax

$17,262

Zoning

Resid Single Family

4705 Ocean Boulevard

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