Investment Property at 4087 Drifting Sand Trl, Destin, FL 32541 - $26,340 Profit
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4087 Drifting Sand Trl, Destin, FL 32541

$535,000

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $297 per day and long-term for an average of $2,906 per month, based on similar listings in the area. Estimated short-term cap rate of 4.9%. Estimated long-term cap rate of -0.7%. Welcome to your dream home in the highly desired Indian Lake neighborhood! This beautifully updated 3-bedroom, 2-bath ranch-style home offers 1,782 square feet of modern living with a bright and open floor planâ€''perfect for entertaining or everyday comfort.Situated on a spacious lot, the fully fenced backyard is a private oasis featuring a cozy firepit and plenty of room to add a pool. Inside, you'll find thoughtful renovations throughout, blending style and functionality in every corner. The single-story layout provides ease of living, while the central location puts you minutes from Destin's world-famous beaches, top-rated schools, shopping, dining, and more.Whether you're looking for a forever home, a vacation retreat, or an investment opportunity, this one checks all the boxes.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4679
Bedrooms
3
Bathrooms
2
SQFT
1,782
Furnished
N/A
Year built
2000
Listing Status
Active
MLS
973651

Short-term Rental Potential
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$65,184

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$300

Price/SQFT

Long-term Rental Potential
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$34,872

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,906/mo

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