Ocean Reef Real Estate is pleased to present a value-priced new offering for a stately vacation home in the highly privileged and exclusively gated residential enclave of Destiny by the Sea at 4835 Ocean Blvd. This idyllic three-story residence features a bright regal presence, encompasses almost 3,500 square feet, and includes five spacious bedrooms. It may become your ideal forever vacation dream home and also serve as a lucrative rental investment property for added income.
Ideal Beach Destination is currently on a vacation rental program with our highly acclaimed Ocean Reef Resorts property management team and is extremely popular. Last year’s annual gross rental income came in at $163,000, and so far this year, it already has over $137,000 on the books. Besides providing a “lap of luxury” style setting, it is also a very short stroll away from the beautiful beach, a lavish community swimming pool, and a lush tropical clubhouse. The home comes complete with comfortable contemporary coastal-style furnishings and beautiful appointments. It includes multiple beds with accommodations for twelve beach-going friends or family members and visiting rental guests.
A very spacious great room on the second level incorporates the open, gracious living, dining, and kitchen areas of this home. Rich travertine marble tile flooring flows throughout while walls of windows provide a bright sunny setting. The living area includes a comfortable wraparound couch and chic accent chair centered upon an antique Persian rug. They face a beachy built-in hardwood cabinet that houses an extra-large flatscreen TV.
Nearby, a unique metal bolt-sided dining table has four stylish raised chairs with straw woven seats next to a vibrant abstract painting of sailboats. Sliding glass doors lead to an open balcony deck with table seating and a gas grill available to enjoy outdoor dining and favorite drinks.
The open state-of-the-art kitchen features a long white Carrera marble-topped island with cascaded sides. It features four raised contemporary coastal-style chairs with rich curved hardwood backs for enjoyable libations and delicious dining. Upscale brushed stainless steel appliances, including a French Cabinet-styled top-bottom refrigerator freezer, blend in seamlessly with silver-toned modern custom cabinetry. They are highlighted by two tall stylish windows above the sink counter framed by gleaming white subway tile brick walls.
This home features three beautifully furnished master bedroom suites, with one being on this floor. It includes a king-sized bed with a palatial tufted cloth headboard and access to a romantic private balcony.
The luxurious ensuite bath features two raised glass bowl vanity sinks, a deep modern soaking tub, and a glass-walled walk-in shower with four frosted glass windows.
The other two master bedrooms are on the top level, with access to a shared balcony and individual ensuite baths. Each bedroom includes cream-colored furnishings warmly accented by golden travertine marble tiled flooring with comfortable king-sized beds and wall-mounted flatscreen TVs.
One of these bathrooms includes dual vanity sinks, a walk-in shower, and a deep soaking tub for relaxation. The other en suite bath features a lovely pedestal sink and glass-walled walk-in shower.
Both bedrooms have access to a shared balcony with seating for enjoying top-floor refreshments and casual conversation. A wet bar with a small refrigerator is near the adjoining staircase landing for added convenience.
When venturing down to the first floor, a sunny den awaits with a dove gray-colored couch that can double as a queen-sized sleeper sofa. It is centered on a regally patterned rug facing a large flatscreen TV mounted above a beach-washed credenza for entertainment.
A guest bedroom with charming creamy white cottage-style furnishings includes a queen-sized bed and a large wall-mounted flatscreen TV for nighttime viewing pleasure.
This room shares a full hall bath featuring a marble-tiled glass wall shower with a kid’s bunk room with two twin beds.
Glass doors lead to a lovely swimming pool with a cascading waterfall and a palm-studded brick paver patio with lounge chairs for serene sunny relaxation.
Besides the vast expanse of a beautiful private beach, this exclusively gated neighborhood features a stunning tropical oasis with a lovely lagoon-shaped swimming pool. Towering palm trees, palmettos, and other tropical plantings surround a sun patio beside the pool. A bubbling hot tub nearby provides pampered, soothing relaxation. The casual yet posh outdoor clubhouse features a soaring columned veranda beside the pool with covered seating areas and comfortable furnishings.
This superb locale is in a wonderful setting of its own yet close to popular gulf front restaurants with friendly beach bars. One of them, known as The Crab Trap, is a short stroll away down the sugary shoreline. This captivating place resembles a charming golden Americana-styled seaside pavilion from the early 1900s. It serves savory seafood along with craft cocktails. Grocery stores, nationally renowned restaurants, and the highly popular retail village of Destin Commons are also minutes away. This captivating village provides an enchanting shopping destination. The setting features turret towers, a clock tower, palm-lined avenues, a classic fountain, and a kid’s play plaza with alternating mini geysers which provide fun refreshment. It is anchored by a Belk’s Department Store, a Bass Pro Shops, and Uncle Buck’s Fish Bowl & Grill. They are interconnected to pedestrian-friendly avenues filled with fine clothiers, fashion boutiques, specialty stores, shoe shops, and jewelers. A variety of restaurants with casual bars and an AMC multiplex movie theater provide entertainment. This great locale is also near all the happenings at Destin’s crown jewel of HarborWalk Village, the enchanting Village of Baytowne Wharf, and swank Grand Boulevard in Sandestin. Each place features a wide array of wonderful restaurants, lively bars, special shopping adventures, fun family amusements, outdoor concerts, fabulous festivals, and exciting seasonal firework celebrations.
This incredible vacation dream home and lucrative short-term rental investment property is listed at $2,895,000, which comes in value-priced at an average of $816.41 per square foot. Only seven other homes are currently for sale in Destiny by the Sea. They range in price from $2,200,000 for a smaller residence with 2,572 square feet to $8,450,000 for a gulf front mansion with 5,598 square feet. The total average list price for these properties comes in at $1,093.10 per square foot. It should be noted that three beachfront homes that are among this group command the highest list prices and come in at an average of $1,239.09 per square foot.
If you are ready to take advantage of this fantastic, beautifully furnished beach vacation residence, contact our Ocean Reef Real Estate office today at 877-392-6085. We will provide you with complete details, including a professional comparative market analysis. This will show all comparable current listings, pending contracts, and those sold within the past twelve months. We can also provide current and historical data from our Ocean Reef Resorts property management division, showing detailed gross rental income figures. We happily look forward to arranging your private tour of this stunning Destiny by the Sea vacation home!