NOT LISTED FOR SALE

35 Tranquility Ln Destin, FL 32541

Estimated Value: $1,065,000 - $1,320,000

4 Beds
4 Baths
2,831 Sq Ft
$423/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $1,110,000 $392 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,102/month

13 Days on Market

Highlights

  • Fishing
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Destin Elementary School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of April 2023

Aptly named for its location on Tranquility Lane in the prestigious gated community of Destiny East, this spacious, 2800+ square foot home offers owners an optimum coastal retreat with four bedrooms and four baths spanning two stories within a half mile from the white sands and aqua waves of the Gulf of Mexico. The first floor is thoughtfully designed with natural light flooding the open floor plan with integrated living, dining, and kitchen space. The kitchen boasts stainless steel appliances, a wine fridge, walk-in pantry, and two islands – one with generous prep space and the second with convenient bar seating. The electric range is accented by a beautiful custom hood and tile backsplash. An added family room at the rear of the house provides an excellent spot for another common space. The large primary bedroom suite is located on this level along with a second guest suite with full bath. The second floor is designed with guests in mind. On this level, owners will find two additional bedrooms each with its own ensuite and a large deck inviting enjoyment of salty breezes and relaxation.
Destiny East is an amenity-rich, golf-cart friendly community, close to all the Emerald Coast's activities, restaurants, and shopping. This sister community of Destiny by the Sea and Destiny West, is located directly on Scenic Hwy 98 with direct access to both Scenic Hwy 98 and US Hwy 98, providing quick access to shopping, dining, and all Destin has to offer. Public beach access with food and restrooms on-site is just a short walk away. This luxury gated community boasts deluxe amenities including a huge lagoon-style pool, separate lakeside pool, hot tub, tennis/pickleball/basketball courts, putting green, gym facilities, cabana grill, playground, and private movie theater. Owners can enjoy a paved trail running from Four Prong Lake to the east boundary in the center of the community. Destiny East embodies all aspects of opulent beach destinations. With projected rentals in surplus of $90,000 per year, 35 Tranquility Lane is an excellent investment for primary residence, second home, or vacation rental.

Last Agent to Sell the Property

Spears Group

Compass Listed on: 02/07/2023

Compass

Last Buyer's Agent

Kyle Barton

EXP Realty LLC License #3495803

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,104

Year Built

  • Built in 1999

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 66x115

HOA Fees

  • $260 Monthly HOA Fees

Parking

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

Home Design

  • Mediterranean Architecture
  • Frame Construction
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 2,831 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Plantation Shutters
  • Living Room
  • Dining Area
  • Fire and Smoke Detector
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Dressing Area
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath

Outdoor Features

  • Open Patio
  • Built-In Barbecue
  • Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0072-0000-0520

Community Details

Overview

  • Association fees include ground keeping, management, recreational faclty, security
  • Destiny East Ph 1 Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Community Pavilion
  • Recreation Room

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,104

Year Built

Built in 1999

Lot Details

0

HOA Fees

$260 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 66x115
  • Road Surface Type: Paved
  • Subdivision Name: DESTINY EAST PH 1
  • Directions: Enter Destiny East From US Hwy 98. Go through the North gate and bear to the left, stay on Tranquility Lane past three stop signs and 35 Tranquility Ln will be on your left, just pass Isle of Palms Blvd. It's easiest to enter through the South gate via Scenic 98. Once you go through the gate, turn right and it'll be on your left.
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1999
  • Remarks Misc:Remarks: Aptly named for its location on Tranquility Lane in the prestigious gated community of Destiny East, this spacious, 2800+ square foot home offers owners an optimum coastal retreat with four bedrooms and four baths spanning two stories within a half mile from the white sands and aqua waves of the Gulf of Mexico. The first floor is thoughtfully designed with natural light flooding the open floor plan with integrated living, dining, and kitchen space. The kitchen boasts stainless steel appliances, a wine fridge, walk-in pantry, and two islands – one with generous prep space and the second with convenient bar seating.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Raised, Fireplace, Floor Hardwood, Floor Tile, Floor WW Carpet, Kitchen Island, Lighting Recessed, Pantry, Plantation Shutters, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Tile/Slate, Slab, Stucco
  • Exterior Features: BBQ Pit/Grill, Patio Open, Porch
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Oversized
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Exercise Room, Fishing, Gated Community, Pavillion/Gazebo, Playground, Pool, Tennis, Whirlpool
  • Association #2 Fee: 780.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, 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-22-0072-0000-0520
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5103.67
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Apr 21, 2023
Sold by
Schobel Constance M
Bought by
Sakora Partners Llc
Seller's Agent
Spears Group
Compass
Buyer's Agent
Kyle Barton
EXP Realty LLC
List Price
$1,150,000
Sold Price
$1,110,000
Premium/Discount to List
-$40,000
-3.48%
Views
49
Current Estimated Value
$1,145,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,227
Avg. Annual Appreciation
2.80%
Original Mortgage
$880,000
Interest Rate
6.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 5, 2021
Sold by
Schobel Constance M
Bought by
Schobel Constance M and Schobel James E

Purchase Details

Closed on
Mar 13, 2013
Sold by
Schobel James E
Bought by
Schobel Constance M

Purchase Details

Closed on
Dec 15, 2003
Sold by
Ramsey Elizabeth Butler
Bought by
Schobel James E and Schobel Constance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sakora Partners Llc $1,110,000 Mcneese Title
Schobel Constance M -- Accommodation
Schobel Constance M -- None Available
Schobel James E $480,000 American Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sakora Partners Llc $880,000
Previous Owner Schobel James E $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2023 04/24/23 Sold $1,110,000 -3.5% $392 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $1,150,000 -- $406 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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
2025 $10,739 $906,767 $444,938 $461,829
2024 $5,230 $967,272 $431,978 $535,294
2023 $5,230 $476,364 $0 $0
2022 $5,110 $462,489 $0 $0
2021 $5,104 $449,018 $0 $0
2020 $5,066 $442,819 $0 $0
2019 $5,012 $432,863 $0 $0
2018 $4,972 $424,792 $0 $0
2017 $4,949 $416,055 $0 $0
2016 $4,816 $407,498 $0 $0
2015 $4,880 $404,665 $0 $0
2014 $4,899 $401,453 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 916536

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0072-0000-0520