NOT LISTED FOR SALE

111 Cayman Cove Destin, FL 32541

Estimated Value: $1,021,000 - $1,096,000

3 Beds
3 Baths
1,859 Sq Ft
$570/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $1,145,000 $616 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,729/month

42 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Furnished
  • Destin Elementary School Rated A-
  • Beach House
  • Great Room

About This Home

As of September 2023

The best price with private pool in the neighborhood! Bring all the offers! 5 minute walk to the beach, beautiful fully renovated and turn key in Destiny West!!!Destiny is the premier community in Destin. Only 2 blocks from the Gulf! Centrally located to everything Destin has to offer. Walk to The Crab Trap, Piece of Cake, or the white sandy beaches of Destin! Very quiet back yard with a covered patio and a private pool! Club Destiny is steps way and offers a large lagoon style pool with a hot tub, a fitness center, and tennis courts! You won't find better amenities. Must see! Buyer to verify dimensions and square footage. Seller is a licensed Florida real estate agent.

Last Agent to Sell the Property

Amanda Resende

Lokation License #3491353 Listed on: 06/30/2023

Lokation

Last Buyer's Agent

The Peggy Geppert Group

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,508

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x111
  • Level Lot
  • Sprinkler System

HOA Fees

  • $337 Monthly HOA Fees

Parking

  • Attached Carport

Home Design

  • Beach House
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 1,859 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Fireplace
  • Great Room
  • Dining Area
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Covered Patio or Porch

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0400-0000-1410

Community Details

Overview

  • Association fees include management
  • Destiny West Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community
  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,508

Year Built

Built in 1996 | Remodeled

Lot Details

0

HOA Fees

$337 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 50x111
  • Road Surface Type: Paved
  • Subdivision Name: Destiny West
  • Directions: Entrance gate across from Crab Trap & James Lee Park on Scenic Gulf Drive. Turn onto Grand Palms Blvd. Proceed through gate and through 1 stop sign. Then turn left on Paradise Isle, and then immediate right onto Cayman Cove. Turn right and drive around to 111 Cayman Cove. YOU WILL NEED TO CALL OR TEXT FOR GATE CODE Legal Description: DESTINY S/D LOT 141
  • Architectural Style: Beach House
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1996
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Great Room: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Energy:Water Heater - Gas: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Fireplace, Floor Laminate, Furnished - All, Kitchen Island, Renovated
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Fireplace: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Lot Features: Level
  • Pool Features: Pool Type
  • Construction Type: Roof Tile/Slate, Slab, Stucco
  • Exterior Features: Patio Covered, Pool - Gunite Concrt, Pool - In-Ground, Porch, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • Exterior:Pool - Gunite Concrt: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport Attached
  • General Property Info:Garage2: No
  • Parking Features:Carport Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Exercise Room, Gated Community, Pool, Tennis
  • Association #2 Fee: 4043.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Management

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 00-2S-22-0400-0000-1410
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3507.98
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Sep 14, 2023
Sold by
Lopes Deresende and Lopes Rodrigo
Bought by
Brash Living Trust and Hinson
Seller's Agent
Amanda Resende
Lokation
Buyer's Agent
The Peggy Geppert Group
Scenic Sotheby's International Realty
List Price
$1,195,000
Sold Price
$1,145,000
Premium/Discount to List
-$50,000
-4.18%
Views
70
Current Estimated Value
$1,058,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,130
Avg. Annual Appreciation
-3.91%
Original Mortgage
$916,000
Outstanding Balance
$896,708
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$162,162

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 2, 2022
Sold by
Kay Stone Cynthia
Bought by
Deresende Amanda and Carneiro Rodrigo Lopes
Seller's Agent
Ed Smith
RE/MAX Coastal Properties
Buyer's Agent
Amanda Resende
Lokation
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Original Mortgage
$645,000
Interest Rate
5.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brash Living Trust $1,145,000 None Listed On Document
Deresende Amanda $975,000 Aqua Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brash Living Trust $916,000
Previous Owner Deresende Amanda $645,000
Previous Owner Hutcheson Cynthia Kay $259,310
Previous Owner Hutcheson Cynthia Kay $130,000
Previous Owner Hutcheson Cynthia Kay $100,000
Previous Owner Hutcheson Lewis Bryan $305,000
Previous Owner Hutcheson Lewis B $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $1,145,000 -4.2% $616 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $1,195,000 +22.6% $643 / Sq Ft
05/03/2022 05/03/22 Sold $975,000 0.0% $524 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $975,000 -- $524 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,005 $844,944 $353,437 $491,507
2023 $8,005 $670,078 $244,677 $425,401
2022 $3,508 $329,523 $0 $0
2021 $3,501 $319,925 $0 $0
2020 $3,473 $315,508 $0 $0
2019 $3,433 $308,414 $0 $0
2018 $3,403 $302,663 $0 $0
2017 $3,385 $296,438 $0 $0
2016 $3,295 $290,341 $0 $0
2015 $3,339 $288,323 $0 $0
2014 $3,351 $286,035 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 926677

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0400-0000-1410