NOT LISTED FOR SALE

1348 Emerald Bay Dr Destin, FL 32541

Estimated Value: $1,398,000 - $2,425,000

4 Beds
4 Baths
4,641 Sq Ft
$453/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $2,275,000 $490 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $12,036/month

240 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • In Ground Pool
  • Gated Community
  • Destin Elementary School Rated A-
  • Fishing
  • Vaulted Ceiling

About This Home

As of March 2023

The epitome of waterfront living perfectly poised on a private estate sized lot (.88 acre) yielding an impressive 115' of premium water frontage on the Choctawhatchee Bay. This beautiful four bedroom retreat has been meticulously maintained with notable features including ample privacy created by lush mature landscaping, new hardwood flooring throughout the first floor, fresh interior and exterior paint, first level master suite and an expansive 45x25 private bay-front pool presiding over endless water views. Sprawling mature landscaping coupled with mediterranean architecture define the extraordinary sense of arrival upon entering the property through one of two private driveways that allow direct access to circular parking for guests or access to an oversized two-car garage with an additional bay suitable for a golf cart. The front entryway is encased with floor to ceiling glass allowing for immediate water views and characterized by soaring double height ceilings that extend into the formal living room just beyond the elegant winding stair case with freshly painted banister and natural oak stair treads. The first level offers two primary living areas with a spacious kitchen anchoring the open floor plan allowing direct access to the living & dining area with extensive water views through floor to ceiling glass windows extending the entire length of the north facing elevation. The finely appointed kitchen yields ample custom cabinetry with white solid surface countertops for a clean coastal aesthetic as well as an electric cooktop in the center island which allows for beautiful bay views while preparing meals. The first level also offers a formal dining area and a home office that could be utilized as a fifth bedroom space. The rear yard and covered porch offer an unrestrained coastal lifestyle with every amenity desired including a massive resort style pool area, outdoor covered grilling area, oversized pool deck complete with loungers and an exceptional variety of foliage maintained to maximize serenity and privacy. The dock in place is complete with boat slip and lift as well as a sitting area which is directed towards the northwestern sunset vista. The master suite occupies the entire eastern wing of this beautiful home and yields two walk in closets, sitting area with direct access to the covered rear porch and pool area as well as an impressive ensuite bathroom complete with dual vanities, floor to ceiling windows looking out towards the garden, jacuzzi tub, walk in shower and private water closet. Other notable features include three bedroom suites with ensuite bathrooms located on the second floor, two of which are located directly on the bay with a private balcony overlooking the water and private grounds. Emerald Bay is a gated neighborhood centrally located in Destin, FL offering a premier golf community and easy access to world class shopping, dining and entertainment.

Last Agent to Sell the Property

Blake Morar Group

Scenic Sotheby's International Realty Listed on: 06/14/2022

Last Buyer's Agent

The Ketchersid Team

Corcoran Reverie SRB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,245

Year Built

  • Built in 1997

Lot Details

  • 0.88 Acre Lot
  • Lot Dimensions are 115x360
  • Property Fronts a Bay or Harbor

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Frame Construction
  • Stucco

Interior Spaces

  • 4,641 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Shelving
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Family Room
  • Living Room
  • Dining Area
  • Home Office
  • Tile Flooring
  • Bay Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-018B-0000-0060

Community Details

Overview

  • Association fees include security
  • Emerald Bay Subdivision
  • The community has rules related to covenants

Recreation

  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,245

Year Built

Built in 1997

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.88
  • Lot Size: 115x360
  • Road Surface Type: Paved
  • Subdivision Name: EMERALD BAY
  • Directions: Once you enter into Emerald Bay, you will follow it all the way until you see the home on your right. Emerald Bay is located approximately 4 miles West of the Silver Sands Outlets.
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1997
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Family Room: Yes
  • Rooms:Office2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Microwave, Oven Double, Oven Self Cleaning, Refrigerator, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Fireplace, Floor Tile, Furnished - None, Lighting Recessed, Shelving, Washer/Dryer Hookup, Wet Bar
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: 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 Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Shelving: Yes
  • Appliances:Oven Double: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Bay
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Exterior Features: Balcony, Patio Covered, Patio Open, Pool - In-Ground, Porch
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Fishing, Gated Community, Waterfront
  • Association #2 Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 38332.8
  • Parcel #: 00-2S-22-018B-0000-0060
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9245.4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Mar 22, 2023
Sold by
Christie Gerald J and Christie Linda F
Bought by
Lewis Marilyn M
Seller's Agent
Blake Morar Group
Scenic Sotheby's International Realty
Buyer's Agent
The Ketchersid Team
Corcoran Reverie SRB
List Price
$2,450,000
Sold Price
$2,275,000
Premium/Discount to List
-$175,000
-7.14%
Views
18
Current Estimated Value
$2,100,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$174,528
Avg. Annual Appreciation
-3.07%
Original Mortgage
$1,300,000
Outstanding Balance
$1,210,328
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$890,144
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
Lewis Marilyn M $2,275,000 Ketchersid Land & Title
Lewis Marilyn M $2,275,000 Ketchersid Land & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Marilyn M $1,300,000
Closed Lewis Marilyn M $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Sold $2,275,000 -7.1% $490 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
06/14/2022 06/14/22 For Sale $2,450,000 -- $528 / 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 $9,600 $1,830,145 $731,959 $1,098,186
2023 $9,600 $940,221 $0 $0
2022 $9,402 $912,836 $0 $0
2021 $9,433 $886,249 $0 $0
2020 $9,376 $874,013 $0 $0
2019 $9,300 $854,363 $0 $0
2018 $9,245 $838,433 $0 $0
2017 $9,229 $821,188 $0 $0
2016 $8,978 $804,298 $0 $0
2015 $9,201 $798,707 $0 $0
2014 $9,250 $792,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 901108

Emerald Coast Association of REALTORS®

APN: 00-2S-22-018B-0000-0060