$1,398,000

As of the end of February 2026, $78,035 is recorded for 2026 with more days open to be filled! 3586 Waverly is a prime coastal investment opportunity offering the perfect blend of relaxation, recreation, and strong rental appeal. This single-family home is ideally located near the beach and overlooks Lake Caroline, creating a tranquil backdrop that vacationers and guests will love. Designed for entertaining and maximizing occupancy, the property features a private pool, ideal for sunny days after the beach or evenings spent unwinding with friends and family. The converted garage adds significant value, serving as a game and entertainment area with additional sleeping accommodations, allowing the home to comfortably host larger groups and increase rental flexibility. Upon entry into the home, you will find 3 bedrooms with 3 bathrooms that are ensuite, the most ideal layout for privacy. On the top floor you will have the kitchen, half bath, and large living space adorned with vaulted ceilings and an abundance of windows providing gorgeous views from every angle! Every floor also has balcony access off of each room expanding the ability to enjoy the fresh beach air and relax. Before you walk out to the pool, there is a screened in porch area to enjoy meals, take a break from the sun, and store beach items. Owners and guests enjoy access to Destin Pointe amenities, including gated beach access, two community pools ( one which is zero entry gulf front) , hot tubs, tennis courts, shuffleboard and scenic walking paths. Whether you're seeking a turnkey income-producing property or a beach-area retreat with excellent investment potential, 3586 Waverly stands out as a rare opportunity in a highly desirable location.