$3,845,000
Destin, FL 32541
MLS# 802252
Status: Sold
11 beds | 12 baths | 11913 sqft
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Property Description
Masterfully built cast & pour concrete construction prominently situated on one of the largest residential home sites on Holiday isle with 90' of deepwater harbor frontage paired with expansive gulf views and exceptional proximity to the beach. This home has been recently updated with coastal contemporary decor as well as a floor plan modification to bring the total bedroom count to eleven in order to optimize short term rental income with projections exceeding $375,000 annually with current actual income exceeding $370,000 year to date for 2018. As of 2018's 4th quarter, there is already $258,000+ booked for 2019.
Details
Status Change Info
Status: Sold
Under Contract Date: 2020-09-26
Sold Date: 2020-11-25
Sold Price: $3,500,000
Sold Price/SqFt: 293.8
Contract Info
List Date: 2018-07-02
Current Price: $3,500,000
List Price: $3,845,000
List Price/SqFt: 322.76
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 14 - Destin
Street #: 627
Street Name: Gulf Shore
Street Suffix: Drive
State: FL
Zip Code: 32541
County: Okaloosa
Sub Area: 1401 - Destin Beach West
Project Name/Subdivision: HOLIDAY ISLE
Parcel ID: 00-2S-24-2186-000E-0260
Elementary School: Destin
Middle School: Destin
High School: Fort Walton Beach
Legal Description: HOLIDAY ISLE LOT 26 BLK E
General Property Info
Sub-Type: Detached Single Family
Design: Mediterranean
Apx SqFt(Htd/Cooled): 11913
SqFt Source: County PA Records
Bedrooms: 11
Full Baths: 11
Half Baths: 1
Total Bathrooms: 12
# Stories: 3
Year Built: 2003
Immediate Occupancy: No
Garage: Yes
Carport: No
Garage Spaces: 4
Driveway Spaces: 10
Pool: Yes
Pool Type: Private
Listing Info, Tax & Legal
Assessment Fees: Yes
Assessment Amount: 345
Assessment Paid: Annually
Is Subject Leased: No
New Buyer Fee: No
New Buyer Fee Paid: $
Last Taxes: 25364.6
Last Tax Year: 2015
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Masterfully built cast & pour concrete construction prominently situated on one of the largest residential home sites on Holiday isle with 90' of deepwater harbor frontage paired with expansive gulf views and exceptional proximity to the beach. This home has been recently updated with coastal contemporary decor as well as a floor plan modification to bring the total bedroom count to eleven in order to optimize short term rental income with projections exceeding $375,000 annually with current actual income exceeding $370,000 year to date for 2018. As of 2018's 4th quarter, there is already $258,000+ booked for 2019.
Office/Member Info
Single Agent Comp: 2.5
Single Agent Comp Type: %
Trans Broker Comp: 2.5
Trans Broker Comp Type: %
Non-Rep Comp: 1
Non-Rep Comp Type: %
Waterfront
Waterfront Feet: 50
Property Features
Construction Status: Construction Complete
Lot/Parcel Access: City Road; Paved Road
Lot Features: Corner; Covenants; Within 1/2 Mile to Water
Zoning: Resid Single Family
Waterfront: Canal
Waterview: Canal; Gulf
Parking Features: Garage; Garage Attached; Oversized
Project Facilities: Beach; Fishing
Construction/Siding: Concrete; Foundation On Piling; Roof Tile/Slate; Slab; Stucco; Trim Wood
Exterior: Balcony; BBQ Pit/Grill; Boat Slip; Boatlift; Columns; Deck Open; Dock; Fenced Lot-Part; Fenced Privacy; Hot Tub; Patio Covered; Pool - In-Ground; Porch; Shower; Sprinkler System; Summer Kitchen
Interior: Breakfast Bar; Built-In Bookcases; Ceiling Crwn Molding; Ceiling Raised; Ceiling Tray/Cofferd; Elevator; Fireplace; Fireplace 2+; Floor Hardwood; Floor Tile; Furnished - All; Guest Quarters; Kitchen Island; Lighting Recessed; Lighting Track; Owner's Closet; Pantry; Washer/Dryer Hookup; Wet Bar; Window Treatment All
Appliances: Auto Garage Door Opn; Central Vacuum; Cooktop; Dishwasher; Disposal; Ice Machine; Microwave; Oven Double; Oven Self Cleaning; Range Hood; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Wine Refrigerator
Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable
Energy: AC - 2 or More; AC - Central Elect; AC - High Efficiency; Ceiling Fans; Water Heater - Elect
Mstr Bdrm/Mstr Bath: MBath Bidet; MBath Double Vanity; MBath Dressing Area; MBath Separate Shwr; MBath Tile; MBath Walk-In Closet; MBed Balcony; MBed Carpeted; MBed Sitting Area
Master Bedroom: Second
Bedroom: First; Third
Kitchen: Second
Rooms: Bedroom; Bunk Room; Dining Area; Dining Room; Family Room; Great Room; Home Theater; Kitchen; Master Bedroom; Recreation Room
Financing: Conventional
Supplements
Experience an unparalleled waterfront lifestyle with two spacious covered deepwater boat slips easily accommodating a captain's choice vessel all accessible to navigable waterways promptly leading to Destin's famous East Pass, Crab Island as well as the emerald green waters of the Gulf of Mexico.
This home is outfitted as the ultimate beach escape and can be utilized as a gathering place for corporate events, multi generational family retreats or a primary/secondary residence. Notable interior features include a 14 seat in-home movie theatre, sauna, game room, private pool with spacious outdoor decking and water feature as well as a chef's kitchen featuring private access from staff quarters complete with wood paneled appliances allowing for a flush aesthetic and ample cabinet storage topped with beautiful granite countertops all specifically designed for entertaining. The sprawling master suite is primely situated on the Eastern boundary of the home and enjoys direct unobstructed gulf views as well as two large ensuite bathrooms, each well equipped in addition to two large walk-in closets. Other notable features include a private elevator that services all three levels, multi-car garage with side entry and ample outdoor parking. The expansive main living area includes a custom bar all open to the covered front and rear porticos. The formal dining room is framed by a multitude of windows allowing an abundance of natural light and a continuation of gorgeous gulf views. The strategic positioning of this home was realized in order to capture forever views as it is adjacent to beach access. This property is also located within close proximity to all of Destin's world class shopping, dining and entertainment.
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks | Dimensions |
| Home Theater | First | 22 x 18 | 22.00 | 18.00 | 22 x 18 | |
| Bunk Room | First | 30 x 10 | 30.00 | 10.00 | 30 x 10 | |
| Recreation Room | First | 38 x 16 | 38.00 | 16.00 | 38 x 16 | |
| Bedroom | First | 13 x 11 | 13.00 | 11.00 | 13 x 11 | |
| Kitchen | Second | 22 x 17 | 22.00 | 17.00 | 22 x 17 | |
| Great Room | Second | 38 x 24 | 38.00 | 24.00 | 38 x 24 | |
| Dining Area | Second | 16 x 10 | 16.00 | 10.00 | 16 x 10 | |
| Master Bedroom | Second | 27 x 23 | 27.00 | 23.00 | 27 x 23 | |
| Dining Room | Second | 22 x 20 | 22.00 | 20.00 | Formal | 22 x 20 |
| Bedroom | Third | 15 x 13 | 15.00 | 13.00 | 15 x 13 | |
| Bedroom | Third | 16 x 14 | 16.00 | 14.00 | 16 x 14 | |
| Bedroom | Third | 18 x 12 | 18.00 | 12.00 | 18 x 12 | |
| Family Room | Third | 38 x 12 | 38.00 | 12.00 | 38 x 12 |
Listing Office: Scenic Sotheby's International Realty
Last Updated: November - 28 - 2020
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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.
