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88 PALMS

Name: 88 Palms
Location: Destin, Florida
Number of Units/SF: 9
Closing Date:

In the peak of Covid, Tom and Tim Black started looking for alternate investment opportunities for themselves and the partner investors at Napali Capital. The focus turned to travel and the idea of lifestyle assets and properties.

It started as trying to create a better leverage model for time spent with family during a tumultuous time. “How can we have more options without the headaches?”

Napali Escapes Is:
An investment strategy with a much better view.
An opportunity to partner and offer luxury vacation homes in desirable locations.
An opportunity to invest where you want to escape.

Introducing 88 Palms (88 Pompano Street, Destin, Florida)

In the heart of the Crystal Beach and just 1 block from the white sand beaches of the Florida emerald coast. This is a 9 bedroom, 9 bath estate that sleeps up to 24 and has amazing spacious living areas. The rental home features an elevator serving all three floors; a resort pool; video game consoles; a cool pool table; huge decks; comfy furniture; custom made beds by a boutique European style manufacturer. We also feature several cooking areas and bars; washers and dryers; beach supplies and lots of room for family together time.

The house is prominently featured on all vacation rental sites.

This section of Florida continually ranks in the top vacation rental markets. Destin has seen extended seasons and soaring occupancy over the last several years with continued optimism.

Corporate Deck

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