With a portal you are able to:
- Save your searches
- Get updates on listings
- Track listings
- Add notes and messages
- Personalize your dashboard
51 Tranquility Lane, Destin, FL 32541
$1,549,000
Property Type:
Residential
Bedrooms:
3
Baths:
4
Square Footage:
2,545
Lot Size (sq. ft.):
11,326
Status:
Active
Current Price:
$1,549,000
List Date:
8/23/2025
Last Modified:
10/28/2025
Description
Reduced by $50,000! Beautifully renovated house near the beach in Destiny East. No details were spared in the construction of the house, it features concrete walls, steel rafters, steel floor and ceiling joists, which help reduce insurance costs. The home comes fully furnished and rental ready. This home features elegant but casual living with various entertainment areas, a 24 x 24 separate balcony deck, a heated pool, a wet bar and much more. The neighborhood association has a fitness facility, two tennis courts, two swimming pools, a media room and a meeting area. This gorgeous house has also become a popular rental because of the decor, the amenities it offers and the proximity to the beach. New roof installed in 2017. Tankless water heater and new pool heater installed in 2024.
Supplements: The house is known on the rental market as Ocean Effect and has a 4.95 rental rating. This is the investment property that you have been looking for, great location (at the East entrance of the neighborhood), professionally upgraded and decorated interiors, offers lots of entertainment and has a proven rental record and high rental ratings from guests. Do not miss your chance to purchase Ocean Effect!
More Information MLS# 983772
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 608.64
List Date: 2025-08-22
Current Price: $1,549,000
List Price: $1,549,000
Location, Tax and Legal
Sub Area: 1404 - Destin Beach East
Elementary School: Destin
Middle School: Destin
High School: Destin
Legal Description: DESTINY EAST PH IA LOT 48
General Property Info
Sub-Type: Detached Single Family
Design: Contemporary
SqFt Source: County PA Records
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Driveway Spaces: 4
Pool: Yes
Pool Type: Private
Apx SqFt(Htd/Cooled): 2545
Bedrooms: 3
Full Baths: 2
Half Baths: 2
Total Bathrooms: 4
# Stories: 2
Year Built: 1998
Garage Spaces: 2
Acreage: 0.26
Listing Info, Tax & Legal
Homestead: Yes
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 321
Annual Assessment Amount: 3852
Assessment Paid: Monthly
New Buyer Fee: No
Last Taxes: 11826.93
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Reduced by $50,000! Beautifully renovated house near the beach in Destiny East. No details were spared in the construction of the house, it features concrete walls, steel rafters, steel floor and ceiling joists, which help reduce insurance costs. The home comes fully furnished and rental ready. This home features elegant but casual living with various entertainment areas, a 24 x 24 separate balcony deck, a heated pool, a wet bar and much more. The neighborhood association has a fitness facility, two tennis courts, two swimming pools, a media room and a meeting area. This gorgeous house has also become a popular rental because of the decor, the amenities it offers and the proximity to the beach. New roof installed in 2017. Tankless water heater and new pool heater installed in 2024.
Construction Status
Construction Complete: 1
Parking Features
Garage Detached: 1
Lot Features
Corner: 1
Project Facilities
BBQ Pit/Grill: 1
Community Room: 1
Exercise Room: 1
Gated Community: 1
Pets Allowed: 1
Pickle Ball: 1
Pool: 1
Short Term Rental - Allowed: 1
Tennis: 1
Construction/Siding
Concrete: 1
Steel: 1
Stucco: 1
Utilities
Electric: 1
Public Water: 1
TV Cable: 1
Zoning
City: 1
Exterior
Balcony: 1
Pool - Heated: 1
Pool - In-Ground: 1
Porch: 1
Renovated: 1
Sprinkler System: 1
Interior
Floor Tile: 1
Furnished - All: 1
Lighting Recessed: 1
Newly Painted: 1
Renovated: 1
Wet Bar: 1
Financing
Conventional: 1
FHA: 1
VA: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Smoke Detector: 1
Stove/Oven Electric: 1
Washer: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Ceiling Fans: 1
Heat Cntrl Electric: 1
Storm Doors: 1
Storm Windows: 1
Water Heater - Tnkls: 1
Mstr Bdrm/Mstr Bath
MBath Separate Shwr: 1
MBed Cthdrl Ceiling: 1
Master Bedroom
Second: 1
Bedroom
First: 1
Second: 1
Living Room
First: 1
Second: 1
Rooms
Balcony: 1
Bedroom: 1
Living Room: 1
Master Bathroom: 1
Master Bedroom: 1
Fees Include
Accounting: 1
Ground Keeping: 1
Land Recreation: 1
Legal: 1
Management: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 14 - Destin
Street #: 51
Street Name: Tranquility
Street Suffix: Lane
State: FL
Zip Code: 32541
County: Okaloosa
Project Name/Subdivision: DESTINY EAST PH 1
Parcel ID: 00-2S-22-0079-0000-0480
Property Features
Construction Status: Construction Complete
Lot Features: Corner
Parking Features: Garage Detached
Project Facilities: BBQ Pit/Grill; Community Room; Exercise Room; Gated Community; Pets Allowed; Pickle Ball; Pool; Short Term Rental - Allowed; Tennis
Exterior: Balcony; Pool - Heated; Pool - In-Ground; Porch; Renovated; Sprinkler System
Interior: Floor Tile; Furnished - All; Lighting Recessed; Newly Painted; Renovated; Wet Bar
Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Smoke Detector; Stove/Oven Electric; Washer
Utilities: Electric; Public Water; TV Cable
Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Storm Doors; Storm Windows; Water Heater - Tnkls
Master Bedroom: Second
Bedroom: First; Second
Living Room: First; Second
Rooms: Balcony; Bedroom; Living Room; Master Bathroom; Master Bedroom
Financing: Conventional; FHA; VA
Fees Include: Accounting; Ground Keeping; Land Recreation; Legal; Management
Room Information
Balcony
Level: First
Dimensions: 30 x 7
Length: 30.00
Width: 7.00
Dimensions: 30 x 7
Balcony
Level: Second
Dimensions: 30 x 7
Length: 30.00
Width: 7.00
Dimensions: 30 x 7
Master Bedroom
Level: Second
Dimensions: 20 x 15
Length: 20.00
Width: 15.00
Dimensions: 20 x 15
Master Bathroom
Level: Second
Dimensions: 14 x 10
Length: 14.00
Width: 10.00
Dimensions: 14 x 10
Bedroom
Level: First
Dimensions: 14 x 14
Length: 14.00
Width: 14.00
Dimensions: 14 x 14
Bedroom
Level: Second
Dimensions: 17 x 14
Length: 17.00
Width: 14.00
Dimensions: 17 x 14
Living Room
Level: Second
Dimensions: 17 x 14
Length: 17.00
Width: 14.00
Dimensions: 17 x 14
Living Room
Level: First
Dimensions: 14 x 10
Length: 14.00
Width: 10.00
Dimensions: 14 x 10
Listing Office:
Southern Luxury Realty
Last Updated: October - 28 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
Seller's Disclosures ›