Ocean Reef Real Estate Sales is proud to present a new listing for a gulf-front Crystal Sands condo at 3290 Scenic Hwy 98 #311B in Destin. If you are ready to purchase a family beach vacation residence that can also serve as a lucrative rental investment property, check out this place. It currently serves as both and is on our highly acclaimed Ocean Reef Resorts property management program. This popular vacation residence had an annual gross rental income of $70,000 last year!
Crystal Sands 311B has two bedrooms and a loft that can comfortably host up to eight beach-going guests. The three-story-tall Crystal Sands condo complex is aptly named with a shimmering white ribbon of crystalline sand overlooking the glowing jewel-toned gulf waters. Two bright buildings sit side by side with brilliant blue rooftops that provide a striking accent beside the sugar-white beach. Swimming pools are located at each building and are heated during the chilly times of the year. A grilling area invites you to create your own surf-n-turf meal while overlooking the gulf as the salt air invigorates your appetite. The decidedly laid-back atmosphere here is somewhat surprising since this location is near the heart of everything Destin has to offer.
As you enter the open living, dining, and kitchen area, you experience vivid gulf views through a wall of sliding glass doors leading out to the breezy balcony. Adirondack balcony chairs beckon you to experience the stunning vistas first-hand while enjoying your favorite drinks. The living area includes a towering vaulted ceiling which accentuates a spacious look. Light gray walls and tile floors provide a serene coastal feel. The comfortable furnishings include a charcoal-toned couch and love seat that view the gulf and a flatscreen TV for entertainment which is mounted above a blue cottage-styled cabinet. The couch is flanked by glass-topped side tables with unique starfish-based lamps and a matching cocktail table for refreshing drinks.
The nearby dining area has a tropical look with an oval glass-topped table and six white decorative chairs with striped cushion seats.
The ample open kitchen beside it includes three white raised chairs next to a soft pink tiled bar for additional wining and dining.
The master bedroom is on this first level with charming wicker furnishings, a king-sized bed, nightstands lighted by coral-based lamps, a sunny window, and an abstract rainbow-colored painting.
It has access to a full hall bath with a tub shower combination that also serves as a convenient powder room.
An open staircase leads up from the living area to separate loft-type family guest quarters. It includes a bedroom with creamy white wicker furnishings and a king-sized bed.
A full bath with a tub shower combination connects to an adjacent bunk room with four twin beds. All three bedrooms include flatscreen TVs for evening viewing pleasure.
Crystal Sand's location on Scenic Highway 98 is minutes away from popular gulf front restaurants with friendly beach bars. It is also very close to grocery stores that include Publix, Whole Foods, Fresh Market, Winn-Dixie, and Walmart. Upscale fashion boutiques and specialty stores are located nearby at Destin Commons, Paradise Key, and the City Market. The idyllic Destin Commons retail village is one of the most popular retail destinations in the area and provides a unique shopping experience. It features a charming European-styled look with palm-lined avenues, turret towers, a classic fountain, a spurting geyser plaza for the kid's, an abundant array of retail establishments, restaurants with bars, and an AMC multiplex movie theater with comfortable stadium seating and state-of-the-art surround sound. Besides fantastic local eateries, many popular nationally known restaurants are also located in this area. They include Outback Steakhouse, Bonefish, Longhorn Steakhouse, World of Beer, Olive Garden, Millers Ale House, and so much more.
HarborWalk Village is only fifteen minutes away towards the west. Here you will find the famous Destin marina, home to the largest private charter fishing fleet in North America. It features dockside restaurants, bars with live music, family amusements, outdoor concerts, fun festivals throughout the year, and fantastic seasonal firework displays. Miramar Beach is only twenty minutes away towards the east with bargain shopping for world-class designer goods at the famous Silver Sands Premium Outlets. The enchanting Village of Baytowne Wharf is located here at the Sandestin Golf & Beach Resort, inspired by the French Quarter architecture found in New Orleans. A long dock extends into the beautiful bay where folks can experience magnificent sunsets and magical full moons. Baytowne features a wide array of great restaurants, bars with live music, specialty shops, outdoor concerts, unique family amusements, fun festivals, and vibrant seasonal firework celebrations. The nearby tropical town center of Sandestin, known as Grand Boulevard, is adorned with towering palm trees connecting to restaurants, casual bars, fashion boutiques, fine clothiers, galleries, a Publix grocery store, and a state-of-the-art multiplex movie theater with a VIP dining room.
This beachfront vacation condo which also serves as a rental investment property includes 1,072 square feet and is listed at $835,000, coming in at $778.92 per square foot. Currently, there is only one other Crystal Sands condo for sale. It has one bedroom with 820 square feet listed at $649,000, which comes in at $791.46 per square foot. Only three other two-bedroom condos sold were offered for sale at Crystal Sands last year. They sold for $675,000, $780,000, and $790,000. These averaged $761.82 per square foot.
If you are interested in this lucrative beach vacation residence, contact our Ocean Reef Real Estate office at 877-392-6085. We will provide a comparative market analysis that includes the other Crystal Sands condo for sale and the three that have sold here within the past twelve months. We will also provide detailed data showing this condo's annual gross rental income. We look forward to serving you and setting up an appointment for your private tour!