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51 Tranquility Lane, Destin, FL 32541
$1,449,900
Property Type:
Residential
Bedrooms:
3
Baths:
4
Square Footage:
2,545
Lot Size (sq. ft.):
11,326
Status:
Pending
Current Price:
$1,449,900
List Date:
2/23/2026
Last Modified:
4/09/2026
Overview
Description
Supplements: ... (Read more) 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!
Listing Details MLS# 983772
Status Change Info
- Under Contract Date
- 2026-04-09
Contract Info
- List Price/SqFt
- 569.71
- Listing Board
- Emerald Coast
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
General Property Info
- Sub-Type
- Detached Single Family
- Design
- Contemporary
- Apx SqFt(Htd/Cooled)
- 2545
- SqFt Source
- County PA Records
- Full Baths
- 2
- Half Baths
- 2
- Total Bathrooms
- 4
- # Stories
- 2
- Year Built
- 1998
- Immediate Occupancy
- Yes
- Garage
- Yes
- Carport
- No
- Garage Spaces
- 2
- Driveway Spaces
- 4
- Acreage
- 0.26
- Pool
- Yes
- Pool Type
- Private
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
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
More Information
Remarks & Misc
- Remarks
- Back on the market! 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
- Yes
Parking Features
- Garage Detached
- Yes
Lot Features
- Corner
- Yes
Project Facilities
- BBQ Pit/Grill
- Yes
- Community Room
- Yes
- Exercise Room
- Yes
- Gated Community
- Yes
- Pets Allowed
- Yes
- Pickle Ball
- Yes
- Pool
- Yes
- Short Term Rental - Allowed
- Yes
- Tennis
- Yes
Construction/Siding
- Concrete
- Yes
- Steel
- Yes
- Stucco
- Yes
Utilities
- Electric
- Yes
- Public Water
- Yes
- TV Cable
- Yes
Zoning
- City
- Yes
Exterior
- Balcony
- Yes
- Pool - Heated
- Yes
- Pool - In-Ground
- Yes
- Porch
- Yes
- Renovated
- Yes
- Sprinkler System
- Yes
Interior
- Floor Tile
- Yes
- Furnished - All
- Yes
- Lighting Recessed
- Yes
- Newly Painted
- Yes
- Renovated
- Yes
- Wet Bar
- Yes
Financing
- Conventional
- Yes
- FHA
- Yes
- VA
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Smoke Detector
- Yes
- Stove/Oven Electric
- Yes
- Washer
- Yes
Energy
- AC - 2 or More
- Yes
- AC - Central Elect
- Yes
- Ceiling Fans
- Yes
- Heat Cntrl Electric
- Yes
- Storm Doors
- Yes
- Storm Windows
- Yes
- Water Heater - Tnkls
- Yes
Mstr Bdrm/Mstr Bath
- MBath Separate Shwr
- Yes
- MBed Cthdrl Ceiling
- Yes
Master Bedroom
- Second
- Yes
Bedroom
- First
- Yes
Living Room
- First
- Yes
- Second
- Yes
Rooms
- Balcony
- Yes
- Bedroom
- Yes
- Living Room
- Yes
- Master Bedroom
- Yes
Fees Include
- Accounting
- Yes
- Ground Keeping
- Yes
- Land Recreation
- Yes
- Legal
- Yes
- Management
- Yes
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
Living Room:
First; Second
Rooms:
Balcony; Bedroom; Living Room; Master Bedroom
Financing:
Conventional; FHA; VA
Fees Include:
Accounting; Ground Keeping; Land Recreation; Legal; Management
Room Information
| Room Name | Level | Dimensions | Length | Width |
|---|---|---|---|---|
| Balcony | First | 30 x 7 | 30.00 | 7.00 |
| Balcony | Second | 30 x 7 | 30.00 | 7.00 |
| Master Bedroom | Second | 20 x 15 | 20.00 | 15.00 |
| Bedroom | First | 14 x 12 | 14.00 | 12.00 |
| Bedroom | First | 17 x 14 | 17.00 | 14.00 |
| Living Room | Second | 17 x 14 | 17.00 | 14.00 |
| Living Room | First | 14 x 10 | 14.00 | 10.00 |
Listing Office:
Southern Luxury Realty
Last Updated: April - 09 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
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