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Destin HomesPublished January 21, 2026
Just Listed 3586 Waverly Circle
Just Listed: 3586 Waverly Place — A Prime Coastal Investment Opportunity
If you’re searching for a coastal property that checks every box—location, lifestyle, and strong rental appeal—3586 Waverly Place deserves your attention. This single-family home offers the perfect blend of relaxation, recreation, and income potential, making it an exceptional opportunity for investors and second-home buyers alike.
A Setting Guests Love
Ideally located near the beach and overlooking Lake Caroline, this home delivers a rare combination of serene water views and quick beach access. The tranquil lake backdrop creates a peaceful atmosphere, while the proximity to the Gulf ensures guests can enjoy everything Destin living has to offer.
Designed for Entertaining & Maximum Occupancy
Built with hosting in mind, the home features a private pool, perfect for post-beach afternoons or evenings spent unwinding with friends and family. Before stepping out to the pool, a screened-in porch provides the ideal space for outdoor meals, shaded relaxation, and convenient storage for beach gear.
One of the standout features is the converted garage, transformed into a game and entertainment area with additional sleeping accommodations. This flexible space allows the property to comfortably host larger groups, a major advantage when it comes to increasing rental demand and maximizing nightly rates.
Ideal Layout for Privacy
Upon entry, you’ll find three bedrooms, each with its own ensuite bathroom—an ideal setup for privacy and guest comfort. This thoughtful layout is especially appealing to vacation renters traveling with multiple families or groups.
The top floor serves as the heart of the home, featuring:
- A spacious kitchen
- A convenient half bath
- A large living area with vaulted ceilings
- An abundance of windows showcasing gorgeous views from every angle
Every floor offers balcony access off each room, expanding the living space outdoors and allowing owners and guests to fully enjoy the coastal breeze and beach atmosphere.
Destin Pointe Amenities
Owners and guests also enjoy access to the highly sought-after Destin Pointe community amenities, including:
- Gated beach access
- Two community pools, including a zero-entry, gulf-front pool
- Hot tubs
- Tennis courts
- Shuffleboard
- Scenic walking paths
These amenities further enhance the guest experience and add to the property’s strong rental appeal.
A Rare Opportunity
Whether you’re looking for a turnkey, income-producing vacation rental or a beach-area retreat with excellent investment potential, 3586 Waverly Place stands out as a rare opportunity in one of Destin’s most desirable locations.
If you’d like to learn more about projected rental performance, ownership costs, or to schedule a private showing, this property is one you won’t want to miss.
