tomo logo

$1,299,000

Beds
4
Baths
2.0
sq ft
1,806

4458 Clipper Cv, Destin, FL 32541

4458 Clipper Cv

Destin, FL 32541

  • 34 days on market
This home was rented for an astounding 337 days in 2024....with a an approximate net income of $125-130K!!! Not many homes can boast such an impressive ROI and CAP rate. Being only 250' from the community pool and 1,400' feet to the sand, allows one to easily access both within minutes. Such distance and ease of getting to the beach, is paramount for a successful vacation-rental home! Immaculate condition and tastefully appointed decoration will ensure continued 5-star reviews, as can be seen here: https://coastalescapedestin.com/home/reviews. (VRBO #3297657 & AirBNB #824871926833165996) Make this cash-cow a part of your successful investment portfolio! (Buyer to verify all dimensions, statements and claims expressed herein).

Details

Property type

Single Family Residence

Est. home value

$1,352,026

Lot size

5,227 sq ft

Price per sq ft

$720

Year built

1994

Monthly HOA fee

$102.8

Price History

02/28/2025
EmeraldCoast

EmeraldCoast #970255

Listed
$1,299,000
+55.57%
08/19/2022
EmeraldCoast

EmeraldCoast #896825

Sold
$835,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Nexbank Ssb

Loan start date

July 2023

Original loan amount

$895,900

Est. remaining balance

Not provided

Interest rate

7%

Loan type

New Conventional, 30 year

Seller

Tirumani Swaminathan and Ashmitha Srinivasan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 3:05 PM

Listing updated: 03/06/2025 at 5:04 PM

Listed by: The DestinDeano Team, Keller Williams Realty Destin Phone #: (850) 654-2900

MLS: EmeraldCoast #970255

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