NOT LISTED FOR SALE

121 Cayman Cove Destin, FL 32541

Estimated Value: $869,000 - $1,086,000

3 Beds
3 Baths
1,960 Sq Ft
$496/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $562,500 $287 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,035/month

5 Days on Market

Highlights

  • Beach
  • Fishing
  • Newly Painted Property
  • Destin Elementary School Rated A-
  • Gated Community
  • Vaulted Ceiling

About This Home

As of May 2019

Where the alchemy of quality and value meld at the beach! A gorgeous design aesthetic abounds for this chic and sophisticated single-level 3 BR, 3 full BA, beach house with a spacious open concept floor plan, oversized 2-car garage, and privacy fenced landscaped outdoor space discreetly tucked away on Cayman Cove in the beautiful gated beach community of Destiny West. This is a custom-built home by Chateau Builders and features top notch construction and upgrades to include plantation shutters, tile and hardwood floors throughout, 10' ceilings, 8' interior doors, triple crown molding, transom windows, and wainscoting. The home has hurricane shutters for added protection, and a well-maintained concrete tile roof. The gourmet Kitchen is a showpiece featuring high-end stainless appliances to include a Viking gas range, Bosch dishwasher, brand-new refrigerator in 2019, granite counters, and all-white tall cabinetry for plentiful storage. The separate adjoining Laundry Room features a pantry and full-size new washer and dryer that convey. Surround sound in the Living Area, Master Bedroom, and Patio which is the perfect place to relax, dine, and grill out in privacy. Storage space abounds with many large closets, and an oversized 2-car garage with custom shelving.

Ideal as a primary residence, second home, or vacation-rental property, this property has not been on a vacation-rental program to date and is in show-ready immaculate condition. This 1960-SF house has been immaculately maintained and recently upgraded to include ALL-NEW redesigned spa-like bathrooms x3, new tile flooring in bedrooms/baths, freshly painted inside and out, updated landscaping, pavers, new HVAC and water heater in 2015, new contemporary gas fireplace feature, and Sub-Zero wine chiller; the list of upgrades just keeps going on!

Enjoy all the amenities of Destiny including a huge 30' x 75' seasonally heated pool, hot tub, fitness center, tennis courts, clubhouse and easy beach access! You will not want to miss the opportunity to purchase this meticulously-maintained and upgraded jewel of a Beach House!

Last Agent to Sell the Property

Rachel Simerly

Compass License #3284024 Listed on: 04/02/2019

Compass

Last Buyer's Agent

Mary Jo Tommas

ResortQuest Real Estate Seacrest Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,724

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 53x107
  • Property fronts a private road
  • Coastal Barrier Zone
  • Cul-De-Sac
  • Back Yard Fenced
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $206 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener
  • Guest Parking

Home Design

  • Beach House
  • Newly Painted Property
  • Exterior Columns
  • Frame Construction
  • Slate Roof
  • Concrete Roof
  • Stucco
  • Slate

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Living Room
  • Dining Area
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Private Company Owned Well
  • Well
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0400-0000-1360

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, licenses/permits, management, recreational faclty, security
  • Destiny S/D Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,724

Year Built

Built in 2000 | Remodeled

Lot Details

0

HOA Fees

$206 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 53X107
  • Road Frontage Type: Private Road
  • Subdivision Name: DESTINY S/D
  • Directions: Head west on Scenic Gulf Drive from Destin, take a left into Grand Palms Blvd. (gated community). Turn left onto Paradise Isle at the Clubhouse, and first right onto Cayman Cove.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2000
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Private Well: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Screened Porch: Yes
  • Energy:Storm Windows: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Energy:Water Heater - Gas: Yes
  • Energy:Storm Doors: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Continue Clean, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - None, Lighting Recessed, Newly Painted, Pantry, Plantation Shutters, Renovated, Split Bedroom, Washer/Dryer Hookup, Window Treatment All
  • Window Features: Double Pane Windows, Storm Window(s)
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Fireplace: Yes
  • Appliances:Oven Continue Clean: Yes

Exterior Features

  • Lot Features: Covenants, Cul-De-Sac, Curb & Gutter, Restrictions, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Concrete, Roof Tile/Slate, Slab, Stucco
  • Exterior Features: Columns, Fenced Back Yard, Fenced Privacy, Lawn Pump, Porch Open, Porch Screened, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • Lot Features:Curb Gutter: Yes
  • ConstructionSiding:Roof Concrete: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Guest, Oversized
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Private Well, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Exercise Room, Fishing, Gated Community, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool
  • Association #2 Fee: 2472.74
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal, Licenses/Permits, Management, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 00-2S-22-0400-0000-1360
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: Yes

Tax Info

  • Tax Annual Amount: 4724.46
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
May 10, 2019
Sold by
Bogart Douglas B and Bogart Martha A
Bought by
Papantonis Paul R
Seller's Agent
Rachel Simerly
Compass
Buyer's Agent
Mary Jo Tommas
ResortQuest Real Estate Seacrest Beach
List Price
$562,500
Sold Price
$562,500
Current Estimated Value
$973,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,584
Avg. Annual Appreciation
8.88%
Original Mortgage
$422,500
Outstanding Balance
$370,709
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$602,375

Purchase Details

Listed on
Dec 24, 2014
Closed on
Feb 5, 2015
Sold by
Timmons Christina M
Bought by
Bogart Douglas B and Bogart Martha A
Seller's Agent
Nathan Abbott Team
ResortQuest Real Estate Destin
Buyer's Agent
Nathan Abbott Team
ResortQuest Real Estate Topsl
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$380,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2006
Sold by
Russell Carol M
Bought by
Timmons Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2000
Sold by
Heard Konie C
Bought by
Russell Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
8.55%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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List Price
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
Papantonis Paul R $562,500 Attorney
Bogart Douglas B $475,000 None Available
Timmons Christina M $595,000 Lawyers Title Agency Of The
Russell Carol M $78,200 Advance Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papantonis Paul R $422,500
Previous Owner Bogart Douglas B $380,000
Previous Owner Timmons Christina M $476,000
Previous Owner Russell Carol M $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2020 10/14/20 Off Market $562,500 -- --
05/10/2019 05/10/19 Sold $562,500 0.0% $287 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $562,500 +18.4% $287 / Sq Ft
02/05/2015 02/05/15 Sold $475,000 0.0% $242 / Sq Ft View Prior Sale
01/07/2015 01/07/15 Pending -- -- --
12/24/2014 12/24/14 For Sale $475,000 -- $242 / 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 $8,025 $879,911 $353,437 $526,474
2023 $8,025 $759,553 $244,677 $514,876
2022 $7,071 $637,404 $222,434 $414,970
2021 $6,132 $493,777 $192,780 $300,997
2020 $5,756 $460,050 $183,600 $276,450
2019 $5,096 $439,505 $183,600 $255,905
2018 $5,110 $398,280 $0 $0
2017 $4,724 $361,498 $0 $0
2016 $4,535 $349,161 $0 $0
2015 $4,490 $338,952 $0 $0
2014 $4,170 $310,935 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 819591

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0400-0000-1360