$10,000 Closing Credit¹
#956435, Erin A Treadwell, Listing Office: Mainsail Realty Company
$1,400,000 List price
3587 Waverly Cir Destin, FL 32541
$10,000
Closing credit¹
5 beds
4 full
2,695 sqft
0.1 acres
$519 / sqft
House
Property details
About 3587 Waverly Cir
INVESTOR DREAM in Destin Pointe - 9.4%+ NET CAP RATE WITH PROVEN INCOME! Located in the popular gated community of Destin Pointe, this high-yield SHORT-TERM RENTAL GROSSED OVER $202K in 2023 and is already at nearly $130K YTD for 2025. With annual ownership costs of just $47K, this property delivers strong cash flow—and even includes an ASSUMABLE 4.375% CONVENTIONAL LOAN (qualification required). Designed for dual-family or group bookings, the home features TWO KITCHENS, offering rare flexibility and privacy for guests. Enjoy a private in-ground POOL, DEEDED BEACH ACCESS, NEW 2024 metal roof and water heater, 2022 HVAC, and fresh paint inside & out. The seller is also offering to continue professional property management at just 15%. Ready for your next hIgh-performing investment? Schedule a private tour today before the next booking rolls in!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size2,695 sqft
Lot size0.11 Acres
Year built2000
ParkingGarage, Guest
MLS #972716
Garage1 space
Private poolYes
Summary
- Full Bathrooms: 4
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator, Ice Maker, Electric Oven, Washer
- Flooring Type: Tile, Vinyl
- Interior: Breakfast Bar, Raised Ceiling, Owners Closet, Renovated, Washer/Dryer Hookups, Window Treatment(s)
- Total Bedroom Count: 5
- Garage Space: 1 space
- Attached Garage: No
- Private Pool: Yes
- Parking: Garage, Guest
- Exterior: Balcony, BBQ Pit/Grill, Fenced Back Yard, Pool - In-Ground, Porch, Sprinkler System
- Architectural Style: Beach House
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $1,400,000
- Price/SqFt: $519
- HOA Amount: $410
- HOA Frequency: Quarterly
- Annual Tax Amount: $11,803
- Tax Year: 2023
- Lot: Flood Insurance Required, Within 1/2 Mile to Water
- Directions: From Hwy 98, turn onto Gulf Shore Dr, for 1.5 miles, continue until you reach the guard gate on the left. Turn right onto Waverly Cir and the house is on the right.
- Year Built: 2000
- Stories: 2
- Living Area: 2,695 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 972716
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Lokation
- Office Email: mls@lokationre.com
- Listing Agent: Hillary Driscoll Olds
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2025, 12:50:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,400,000
3587 Waverly Cir
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 13, 2021 | Home Sold | $1,105,000 |
| Jan 08, 2021 | Home Sold | $675,000 |
| May 06, 2016 | Home Sold | $595,000 |
| Mar 19, 2012 | Home Sold | $435,000 |
| Sep 02, 2003 | Home Sold | $539,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,054,942 | $11,803 |
| 2022 | $846,724 | $10,203 |
| 2021 | $672,669 | $10,203 |
| 2020 | $632,133 | $8,353 |
| 2018 | $533,926 | $6,855 |
| 2017 | $506,323 | $6,617 |
History based on county public records data.
Nearby schools
8
Destin Elementary School
Public District PK-4
1.2 mi
•630 Kelly St
4
Shalimar Elementary School
Public District PK-5
6.1 mi
•1350 Joe Martin Cir
5
Elliott Point Elementary School
Public District PK-5
6.1 mi
•301 Hughes St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $111,932. The most common annual income of people living in Destin, FL is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
0%
<35k
44%
35k-100k
25%
100k-200k
31%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
5%
Single, with Kids
36%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
2%
12-17 yrs old
20%
18-34 yrs old
56%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
College Football
Skiing/snowboarding
PGA/LPGA
Where do the neighbors shop?
Express/Express For Men
BJs Wholesale Club
Stein Mart
Where do the neighbors go to eat?
Sonic
Panera
Cracker Barrel
What do the neighbors drive?
Kia
Infiniti
Lexus
What do the neighbors listen to?
New Country
Adult Hits
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3587 Waverly Cir
The listing price of 3587 Waverly Cir property is $1,400,000.
The property 3587 Waverly Cir is a house located in Destin, Florida, 32541.
Active Listing: 3587 Waverly Cir is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3587 Waverly Cir are: Destin Elementary School (GreatSchools Rating 8/10), Shalimar Elementary School (GreatSchools Rating 4/10), Elliott Point Elementary School (GreatSchools Rating 5/10), Destin Middle School (GreatSchools Rating 8/10), Northwest Florida Ballet Academie (GreatSchools Rating 10/10), Meigs Middle School (GreatSchools Rating 5/10), Choctawhatchee High School (GreatSchools Rating 4/10), Fort Walton Beach High School (GreatSchools Rating 5/10), Okaloosa Technical College and Choice High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $11,803 (source: MLS/based on county public records data).
The last sale was on December 13, 2021 for $1,105,000 (source: MLS/tax record).
The property at 3587 Waverly Cir has 5 bedrooms and 4 bathrooms.
The property 3587 Waverly Cir is 2,695 SqFt (source: MLS/tax record).
The year of construction for 3587 Waverly Cir is 2000.
This home is located at 3587 Waverly Cir in Destin, FL and zip code 32541. This 2,695 square foot home, which was built in 2000, sits on a 0.11 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $1,400,000.
In April 2025, from all listings sold in Destin, FL there were more than 1 sold above asking price, over 45 sold below and more than 5 were sold right at the asked price. The number of homes for sale in Destin, FL increased by 9% between March and April 2025. Listings spent 113 days on the market in April 2025, and had a median list price of $615,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.