3586 Waverly Circle, Destin

$1,275,000

3 Beds
4 Baths
2,206 Sqft
.09 Acre
1 Garage

3586 Waverly offers a rare opportunity to own a highly versatile coastal property that combines strong rental performance, private resort-style amenities, and an exceptional beach lifestyle within the gated community of Destin Pointe. Designed for buyers seeking a balance of personal enjoyment and investment potential, the home delivers the flexibility to enjoy as a private retreat while also capitalizing on the area's consistent vacation rental demand -- all while offering an easier ownership experience than many properties with direct Gulf-front exposure. Already demonstrating impressive income potential, the property currently has $95,801 in rental income on the books for 2026 as of May 2026, reinforcing its strong appeal among vacation guests and repeat visitors alike. Several features help distinguish 3586 Waverly within the Destin Pointe market, including a private pool, elevator access, walkability to the beach, and a layout well-suited for multigenerational use and larger groups. The converted garage serves as a dedicated game and entertainment space with additional sleeping accommodations, enhancing both guest experience and rental flexibility. Inside, the home was thoughtfully designed for comfort, privacy, and gathering. The main level features three ensuite bedrooms, providing an ideal setup for hosting multiple families or guests while maintaining privacy throughout the home. Upstairs, vaulted ceilings and expansive windows create a bright and inviting living space centered around the kitchen, dining, and entertaining areas, all filled with natural light and peaceful views. Every floor offers balcony access, creating seamless indoor-outdoor living and multiple opportunities to enjoy the coastal setting. The screened porch overlooking the pool adds another layer to the ownership experience -- offering a shaded retreat for outdoor dining, relaxing after the beach, or conveniently storing beach gear between outings. Owners and guests enjoy access to the extensive amenities of Destin Pointe, including gated beach access, two community pools -- including a zero-entry Gulf-front pool -- hot tubs, tennis courts, shuffleboard, scenic walking paths, and the privacy and security of one of Destin's most desirable gated beach communities.More than simply a beach home, 3586 Waverly offers a lifestyle-driven ownership opportunity centered around flexibility, comfort, entertainment, and long-term enjoyment in the heart of Destin.

Essential Information
MLS® #993255
Price$1,275,000
Bedrooms3
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage2,206
Acres0.09
Year Built2006
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Community Information
Address3586 Waverly Circle
Area14 - Destin
SubdivisionDESTIN POINTE
CityDestin
CountyOkaloosa
StateFL
Zip Code32541
Amenities
ParkingGuest
# of Garages1
Is WaterfrontYes
WaterfrontLake Front
Has PoolYes
PoolIn Ground
Utilities

Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable

View

Gulf, Gulf/Pass, Harbor, Intracoastal Waterwy, Lake

Interior
HeatingCentral, Gas - Natural
CoolingCentral Air, Ceiling Fan(s)
# of Stories3
Interior Features

Breakfast Bar, Beamed Ceilings, Crown Molding, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Upgraded Media Wing, Walls Wainscoting, Washer/Dryer Hookup

Appliances

Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater

Exterior
WindowsWindow Treatments
RoofMetal
ConstructionFrame, Siding CmntFbrHrdBrd
Exterior Features

Balcony, Private Yard, Outdoor Shower, Sprinkler System

Lot Description

Covenants, Flood Insurance Req, Restrictions, Sidewalk, Within 1/2 Mile to Water

School Information
ElementaryDestin
MiddleDestin
HighDestin
Additional Information
ZoningResid Single Family
Listing Details
OfficeKeller Williams Realty Destin
Property History
Price Reduced from $1,328,000 to $1,275,000
Price Reduced from $1,348,000 to $1,328,000
Price Reduced from $1,398,000 to $1,348,000
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Listing information last updated on September 12th, 2026 at 8:52am CDT.