Ad #7524103
MLS #999871
Short term rental powerhouse featuring a designer-grade ocean
65 Cobia St, Destin, FL 32541
$3,800,000
8Beds
9Baths
4,810Sqft
0.17Acres
About this property
Short term rental powerhouse featuring a designer-grade ocean view home with 3rd floor covered deck, 4th floor rooftop deck, three separate living spaces, private heated pool with splash deck and tanning shelf, and massive 22 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Less than 280 feet from the sugar sand beach ensures high occupancy. Includes a free six-seater golf cart, grill, and two paddleboards for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Seller will make all reasonable efforts to facilitate the transfer of future reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections are included in the documents section of this listing.
Property Features
8 Beds
9 Baths
4,810 Sqft
Built in 2023
0.17 Acres
4 Stories
$24,596 / yr property tax
Okaloosa County
CRYSTAL BEACH Community
Additional Photos
Contact Information
Ethan D Knight
c21 wimco
706-887-9376
Location
Listing Agent: Ethan D Knight (License #: 3645655) 706-887-9376
Broker: c21 wimco 850-664-2100 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: c21 wimco 850-664-2100 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$3,800,000
8
Beds
9
Baths
4,810
Sqft
65 Cobia St, Destin, FL 32541
By contacting this agent you agree to these Terms and Conditions.
MLS# 999871
Short term rental powerhouse featuring a designer-grade ocean
$3,800,000
65 Cobia St, Destin, FL 32541
8
Beds
9
Baths
4,810
Sqft
0.17
Acres
$3,800,000
65 Cobia St, Destin, FL 32541
8 Beds
9 Baths
4,810 Sqft
0.17 Acres
Short term rental powerhouse featuring a designer-grade ocean view home with 3rd floor covered deck, 4th floor rooftop deck, three separate living spaces, private heated pool with splash deck and tanning shelf, and massive 22 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Less than 280 feet from the sugar sand beach ensures high occupancy. Includes a free six-seater golf cart, grill, and two paddleboards for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings. Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). Seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Seller will make all reasonable efforts to facilitate the transfer of future reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections are included in the documents section of this listing.
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Property Details
HOME DETAILS
8 Beds
9 Baths
4,810 Sqft
Built in 2023
0.17 Acres
4 Stories
FINANCIAL & COMMUNITY
$24,596 / yr property tax
Okaloosa County
CRYSTAL BEACH Community
Location
Mortgage Calculator
Ad Statistics
Ad Number
7524103
Viewed
197 times
Listing Status
Active
Added
Apr 05, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Emerald Coast Association of Realtors
Source Property ID
999871
Listing Agent: Ethan D Knight (License #: 3645655) 706-887-9376
Broker: c21 wimco 850-664-2100 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: c21 wimco 850-664-2100 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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