NOT LISTED FOR SALE

450 Admiral Ct Destin, FL 32541

Estimated Value: $3,347,000 - $4,383,000

6 Beds
8 Baths
6,548 Sq Ft
$581/Sq Ft Est. Value

Last Sold September 25, 2012

Last sale price $1,999,000 $305 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $22,355/month

42 Days on Market

Highlights

  • Docks
  • Golf Course Community
  • Boat Slip
  • Destin Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Heated In Ground Pool

About This Home

As of September 2012

*** HUGE PRICE REDUCTION *** Stunning Mediterranean style home on the Bay. This 6 bedroom (plus office) 6,548 sq. ft. masterpiece features fine architectural details throughout the home. The first impression is breathtaking with a soaring 2-story foyer & living room with incredible water views & 24 ft. floor-to-ceiling custom stone fireplace. Arched doorways detailed with columns accentuate the living & dining spaces. Coffered & tray ceilings accent every room. In the gourmet kitchen there are many appointments such as custom cabinetry, granite counter tops, professional stainless steel appliances including a Wolf gas range, Gaggenau refrigerator, & a DCS 2-drawer dishwasher. The 400 bottle wine room, wet bar & butler's pantry make this home ideal for entertaining. The family room has a built-in entertainment center with stone accents & there is direct access to the pool area. The office has a wall of custom built cabinets. The large master suite features a spacious bedroom, sitting area, access to the covered terrace where you'll enjoy magnificent sunsets over the Bay, & a huge walk-in closet with center island with lots of drawers; the bath is highlighted with awesome Bay views, a soaking tub, dual vanities, & a large walk-in shower with double heads & glass wall. There is a second master suite on the first level with sliding doors out to a private patio area & the bath features a double vanity, tub, & separate shower. The 5 additional guest bedrooms are spacious & all have private baths. Triple stack doors in the family room give an outdoor feeling & lead out to the sparkling pool with a built-in leisure area; & there is a covered grill area & a pool bath. There is a seawall with rip rap in place; the dock has water & electric & a boat slip that will accommodate a 38 ft. boat & you are just minutes to the Gulf of Mexico. The oversized 3-car garage has hurricane resistant doors & quiet belt-driven openers. A few of the other features of this quality constructed home are foam insulation, impact windows, 3 HVAC units, travertine French pattern flooring, walnut hardwood flooring, custom granite, central vacuum system, surround sound & speakers throughout (even at the dock), & a 3-panel security system. Regatta Bay features gated security, championship golf course, restaurant, tennis courts, & pool. Experience waterfront living at a great value!

Last Agent to Sell the Property

Susie Kirkland

LPT Realty LLC License #517349 Listed on: 07/17/2012

LPT Realty LLC

Last Buyer's Agent

Sterling Rainer

Berkshire Hathaway HomeServices License #3037894

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,318

Year Built

  • Built in 2010

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 107x238x107x217
  • Property Fronts a Bay or Harbor
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $168 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener
  • Guest Parking

Home Design

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

Interior Spaces

  • 6,548 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-in Bookshelves
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bay Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Hollywood Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Boat Slip
  • Docks
  • Covered patio or porch

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0515-0000-0880

Community Details

Overview

  • Regatta Bay Ph 3 Subdivision
  • The community has rules related to covenants

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,318

Year Built

Built in 2010

Lot Details

0

HOA Fees

$168 per month

Parking

3

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Lot Size: 107X238X107X217
  • Road Surface Type: Paved
  • Subdivision Name: REGATTA BAY PH 3
  • Directions: Hwy 98, just east of Destin Commons Mall, turn north into Regatta Bay, go through guard gate to 3-way stop. Turn right onto Commodore Pt., right on Nautical Ct. & left onto Admiral Ct. Home will be on
  • Architectural Style: Mediterranean
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2010
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Breakfast Room: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Family Room: Yes
  • Energy:Heat - Two or More: Yes
  • Rooms:Office2: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Central Vacuum, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Electric, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Cathedral, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Fireplace Gas, Floor Hardwood, Floor Tile, Floor WW Carpet, Furnished - None, Kitchen Island, Pantry, Washer/Dryer Hookup, Wet Bar
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Ceiling Cathedral: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Mstr BdrmMstr Bath:MBath Hollywood: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Appliances:Central Vacuum: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions
  • View: Bay
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Construction Type: Frame, Roof Tile/Slate, Stucco
  • Exterior Features: Boat Slip, Dock, Lawn Pump, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground, Porch, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • Exterior:Boat Slip: Yes
  • Exterior:Dock: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage, Guest
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Guest: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Golf, Playground, Pool, Tennis
  • Association #2 Fee: 505.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 00-2S-22-0515-0000-0880
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2017
Sold by
Calcote John and Calcote Linda
Bought by
Calcote John L and Calcote Linda O
Current Estimated Value
$3,818,967

Purchase Details

Listed on
Jul 17, 2012
Closed on
Sep 25, 2012
Sold by
Vallianatos John A
Bought by
Calcote John and Calcote Linda
Seller's Agent
Susie Kirkland
LPT Realty LLC
Buyer's Agent
Sterling Rainer
Berkshire Hathaway HomeServices
List Price
$1,999,000
Sold Price
$1,999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$800,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 18, 2009
Sold by
Fortune Properties
Bought by
Vallianatos John A

Purchase Details

Closed on
Aug 9, 2004
Sold by
Creekwood Park Llc
Bought by
Fortune Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
5.97%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 24, 2003
Sold by
Nelson Daniel R and Nelson Barbara A
Bought by
Creekwood Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,383
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Calcote John L -- None Available
Calcote John $1,999,000 Title Works
Vallianatos John A $500,000 Title Works
Fortune Properties $1,100,000 Mcneese Title Llc
Creekwood Park Llc $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calcote John L $1,800,000
Closed Calcote John $800,000
Previous Owner Fortune Properties $978,000
Previous Owner Fortune Properties $990,000
Previous Owner Creekwood Park Llc $292,383
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2023 04/30/23 Off Market $1,999,000 -- --
09/25/2012 09/25/12 Sold $1,999,000 0.0% $305 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $1,999,000 -- $305 / 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 $15,318 $1,522,469 -- --
2023 $15,318 $1,478,125 $0 $0
2022 $15,008 $1,435,073 $0 $0
2021 $15,062 $1,393,275 $0 $0
2020 $14,975 $1,374,038 $0 $0
2019 $14,856 $1,343,146 $0 $0
2018 $14,773 $1,318,102 $0 $0
2017 $14,750 $1,290,991 $0 $0
2016 $14,349 $1,264,438 $0 $0
2015 $14,706 $1,255,648 $0 $0
2014 $14,785 $1,245,683 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 550636

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0515-0000-0880