2809 Scenic Hwy 98, Destin, FL 32541
CRYSTAL BEACH · Okaloosa County
Key Facts
Description
YEAR TO DATE BOOKINGS AS OF JULY 1, 2026, $194,260.54 Located directly along Scenic Hwy 98 on a prominent corner lot, this exceptional three-story coastal retreat offers Gulf views from the second & third levels and is just 0.1 miles from the Shirah Beach Access, a leisurely 2-minute stroll to the sugar-white sands. Thoughtfully designed & impeccably maintained, the property presents a rare ''two-homes-in-one'' configuration ideal for personal enjoyment & high-performing short-term rental use. The 4-bedroom main residence is complemented by a separate 2-bedroom carriage house, with a heated pool & pool deck serving as the private focal point between the two structures. This flexible layout provides privacy & versatility well-suited for hosting guests, multi-generational living, or maximizing rental potential. The carriage house also features a kitchenette, a full bathroom, and a walk-in closet, offering comfortable & independent accommodations. The home is tastefully decorated & offered turnkey, featuring solid surface flooring throughout, multiple living areas, and balconies positioned to capture Gulf breezes & views. A golf cart is included, enhancing convenience for beach access & easy enjoyment of the surrounding coastal community. From an investment perspective, the property demonstrates outstanding performance, generating $225.1K in rental income in 2024, $235.4K in 2025, and already securing $129.2K in confirmed bookings for 2026. With its prime Scenic 98 location, Gulf views, flexible accommodations, and proven income history, this offering represents a compelling opportunity in one of Destin's most sought-after beach communities.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Beach House
Year Built
2004
Living Area
2,630 sq ft
Lot Size
0.17 acres
Lot Dimensions
50 x 150
Parking Spaces
4
Zoning
Resid Single Family
Days on Market
141
MLS® Listing#
994900
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Security
Other Structures
Community
Utilities
Sewer
Water Source
Rooms
- 11 x 11First
- Bedroom11 x 11Second
- Bedroom12 x 11First
- Bedroom15 x 11First
- Bedroom12 x 11First
- Bedroom11 x 11First
- Bonus Room12 x 12Third
- Dining Room18 x 12First
- Kitchen18 x 13First
- Master Bedroom17 x 17Second
Schools
- Elementary:
- Destin
- Middle:
- Destin
- High:
- Fort Walton Beach
Financial Details
Annual Taxes
$22,922
Tax year 2025
Parcel Number
00-2S-22-0580-0012-001A
Directions
Traveling west on US-98, turn left onto Matthew Blvd then left onto Scenic Hwy 98 and home is on the corner of Mark St and Scenic Hwy 98.
Affordability Calculator
$565,000
Estimated monthly payment
$15,036/mo
Principal $2,260,000 · Est. interest $3,152,901 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Destin, FL
- $641,304
- Median Listing Price
- 116
- Median Days on Market
- 1,500
- Median Sq Ft
- $460
- Median Price / Sq Ft
- 710
- Active Listings
- This home’s price is 341% above the area median.
- Its price per sq ft is 134% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Destin, FL.
Location
Getting Around
Points of Interest in Destin, FL
Showing the Destin area map.
Nearby Schools
Destin High School
Secondary · 1.0 mi away
Destin Middle School
Secondary · 1.2 mi away
Asheford Institute of Antiques
School · 3.6 mi away
Destin Elementary School
Elementary · 3.9 mi away
Gateway Academy
School · 4.5 mi away
Bluewater Elementary School
Elementary · 7.5 mi away
Addie R Lewis School
Elementary · 8.5 mi away
Niceville Head Start
School · 8.5 mi away
Naval School Explosive Ordnance Disposal
School · 8.8 mi away
Eglin Elementary School
Elementary · 9.0 mi away
St. Paul Lutheran Church and School of Niceville
School · 9.1 mi away
James E. Plew Elementary School
Elementary · 9.2 mi away
Niceville High School
Secondary · 9.3 mi away
Ashnick Academy
School · 9.5 mi away
Emerald Coast Autism Center
School · 9.8 mi away
Shalimar Elementary School
Elementary · 9.8 mi away
Kids Discovery
School · 9.9 mi away
Niceville High School
Secondary · 9.9 mi away
Okaloosa Stemm Center
Secondary · 10.0 mi away
C. W. Ruckel Middle School
Secondary · 10.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 65 Kokomo Row, Destin, FL | $1,990,000 | 5 | 6 | 3,453 |
| 4702 Seastar Vista, Destin, FL | $1,999,999 | 6 | 5 | 5,278 |
| 4598 Paradise Isle, Destin, FL | $2,000,000 | 5 | 4 | 3,147 |
| 4763 Bonaire Cay, Destin, FL | $2,050,000 | 6 | 6 | 4,142 |
| 94 Dolphin Street, Destin, FL | $2,079,000 | 7 | 6 | 2,820 |
| 66 Pompano Street, Destin, FL | $2,100,000 | 7 | 5 | 2,629 |
Moving Cost Estimate
EXIT Agents in Destin
Listing Courtesy: EXP Realty LLC - 8504602900