NOT LISTED FOR SALE

43 Tranquility Ln Destin, FL 32541

Estimated Value: $1,965,424 - $2,537,000

6 Beds
7 Baths
3,445 Sq Ft
$636/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $1,375,000 $399 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $13,236/month

126 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Primary Bedroom Suite
  • Destin Elementary School Rated A-
  • Fishing
  • Gated Community

About This Home

As of March 2019

Extraordinary coastal construction primely situated at the south gates of Destiny East with easy beach access boasting an impressive +$168,000 in projected gross annual income. Pristine architectural details define this outstanding six bedroom retreat featuring a full detached carriage house with notable features including a three story vertical footprint, gas lanterns, four car garage, concrete block construction on the first floor and an exemplary private courtyard with lush tropical landscaping anchored by a massive resort style pool. The interior design is professionally curated offering a pristine coastal palette framing an open floor plan with expansive porches on both the main house and the carriage house as well as an inverted living plan elevating the kitchen and dining area which flow seamlessly to the rear courtyard. The main house offers an optimal arrangement comprised of a bunk room as well as three large bedroom suites, each featuring a walk-in closet and spacious ensuite bathrooms. The guest house offers a pool bath on the first floor for convenience as well as an outdoor shower with fenced privacy. The guest quarters is also complete with a large bunk room / game room as well as a full bedroom suite, secondary living room and full kitchen complete with granite countertops and stainless appliances. The rear courtyard is the epicenter offering concrete fenced privacy, outdoor kitchen, heated jacuzzi and oversized in ground pool. Additional features include ample parking with zero lot line parking court as well as golf cart parking / storage. Destiny East features a large clubhouse with two tennis courts, gym facility, spa like pool area as well as a secondary beach side & lakefront pool, kids playground, grilling and picnic areas and an IMAX movie theatre.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 10/23/2018

Last Buyer's Agent

Patricia Cole

Real Broker LLC License #3144941

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,145

Year Built

  • Built in 2015

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65x115
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $223 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 3,445 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Paneling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Dressing Area
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Additional Homes

  • Separate Apartment
  • Dwelling with Separate Living Area

Schools

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

Utilities

  • Central Air
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0072-0000-0500

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
  • Picnic Area
  • Recreation Room

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,145

Year Built

Built in 2015

Lot Details

0

HOA Fees

$223 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 65x115
  • Road Surface Type: Paved
  • Subdivision Name: DESTINY EAST PH 1
  • Directions: From Scenic Hwy 98, turn into the gate and turn right onto Tranquility Lane. The property will be on your left.
  • Architectural Style: Contemporary
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2015
  • Remarks Misc:Remarks: Extraordinary coastal construction primely situated at the south gates of Destiny East with easy beach access boasting an impressive +$168,000 in projected gross annual income. Pristine architectural details define this outstanding six bedroom retreat featuring a full detached carriage house with notable features including a three story vertical footprint, gas lanterns, four car garage, concrete block construction on the first floor and an exemplary private courtyard with lush tropical landscaping anchored by a massive resort style pool.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Separate Apartment: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Interior Amenities: Ceiling Raised, Ceiling Vaulted, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Walls Paneled, Washer/Dryer Hookup, Window Treatmnt Some
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Ceiling Vaulted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Walls Paneled: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard, Fenced Privacy, Guest Quarters, Patio Covered, Patio Open, Pool - In-Ground, Separate Living Area, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Guest Quarters: Yes
  • Exterior:Separate Living Area: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Oversized
  • 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
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Exercise Room, Fishing, Gated Community, Golf, Picnic Area, Playground, Pool, Tennis, Whirlpool
  • Association #2 Fee: 670.0
  • 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: 7405.2
  • Parcel #: 00-2S-22-0072-0000-0500
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11144.59
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Mar 27, 2019
Sold by
Lee Sunghoon and Sunghoon Lee Trust
Bought by
43 Tranquility Lane Llc
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Patricia Cole
Real Broker LLC
List Price
$1,375,000
Sold Price
$1,375,000
Current Estimated Value
$2,191,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$816,356
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Apr 21, 2016
Sold by
Couch Arthur Paul and Couch Tina M
Bought by
Lee Sunghoon and Sunghoon Lee Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 24, 2014
Sold by
Couch Holding Co Llc
Bought by
Couch Arthur Paul and Couch Tina M

Purchase Details

Closed on
Jan 30, 2012
Sold by
Bamgardner Earl
Bought by
Couch Holding Co Llc

Purchase Details

Closed on
Mar 31, 2003
Sold by
Spence Family Lp
Bought by
Turney James L and Turney Diane V

Purchase Details

Closed on
May 3, 2001
Sold by
Spence Suzy M
Bought by
Spence Family Ltd Partnership

Purchase Details

Closed on
Jan 5, 2001
Sold by
Spence Mary S and Estate Of Charles E Spence
Bought by
Spence Suzy M
Source: Public Records
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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
43 Tranquility Lane Llc $1,375,000 Aqua Title Services
Lee Sunghoon $1,150,000 Aqua Title Services
Couch Arthur Paul -- None Available
Couch Holding Co Llc $120,000 Aqua Title
Turney James L $100,000 --
Spence Family Ltd Partnership -- --
Spence Suzy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Sunghoon $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2019 03/27/19 Sold $1,375,000 0.0% $399 / Sq Ft
02/26/2019 02/26/19 Pending -- -- --
10/23/2018 10/23/18 For Sale $1,375,000 -- $399 / 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 $19,602 $1,685,293 $444,938 $1,240,355
2024 $18,483 $1,949,566 $431,978 $1,517,588
2023 $18,483 $1,783,695 $299,050 $1,484,645
2022 $16,148 $1,473,805 $271,864 $1,201,941
2021 $13,825 $1,113,248 $235,620 $877,628
2020 $12,903 $1,031,260 $224,400 $806,860
2019 $12,326 $1,000,255 $224,400 $775,855
2018 $11,025 $858,605 $0 $0
2017 $11,145 $852,744 $0 $0
2016 $9,393 $759,843 $0 $0
2015 $2,055 $170,000 $0 $0
2014 $1,670 $124,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 809473

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0072-0000-0500