NOT LISTED FOR SALE

4700 Ocean Blvd Destin, FL 32541

Estimated Value: $4,235,000 - $7,820,969

7 Beds
7 Baths
8,820 Sq Ft
$683/Sq Ft Est. Value

Sale Details

Date Sold: February 17, 2012

Last sale price $5,550,000 $629 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $39,510 / mo

1031 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • Covered Deck
  • Destin Elementary School Rated A-
  • 0.58 Acre Lot
  • 2-minute walk to James Lee Park

About This Home

As of February 2012

One-of-a-kind showplace directly on the Gulf. Situated on the most westerly and largest Gulf-front home site in the exclusive, gated neighborhood of Destiny by the Sea, 4700 Ocean Blvd surpasses all other homes on the Destin coastline. This masterpiece residence optimizes the best views that the Gulf coast has to offer with 172' of unobstructed beachfront. The only true, four-story house on the Gulf in Destiny by the Sea, the fourth floor features an open deck with elevated hot tub, outdoor kitchen as well as a heated and cooled relaxation/game room with wet bar and full bath. Its sprawling 8800 square feet of living space encompasses seven master suites, the largest of which dominates the entire third floor and features its own private, covered terrace overlooking the Gulf. Just inside the front door, a graceful, free-standing curved staircase with hand-wrought balustrade and striking arcade of reverse arches and barrel vaults greet and guide you into the heart of the home. Travertine stone blankets the floors which carry throughout the open great room with living and dining areas, and gourmet kitchen. The living and dining areas are visually separated from one another by an island with fireplace and wet bar. An additional fireplace appoints the living area. A two-car garage with extra-high bay doors and ceiling, finished with wainscoting, leads into a generous laundry and butler's pantry, and into the kitchen. Floor to ceiling glass doors and windows draw your attention to the sand and surf that lay just steps away down a private beach walkover. A transitional pool room with fireplace blurs the boundary between indoors and out, creating extra outdoor entertaining space centering on a private salt-water pool with infinity edge hot tub, shooting fountains and fiber optic lighting. A guest suite with impressive private bath, featuring a rain head shower completes the ground floor. On the second floor are four master suites, all of which feature their own fireplace and private access to the covered, Gulf-front terrace. Each has its own unique bath with special stone and fixture selections. Each piece of granite is hand selected from around the world. Copious use of layered molding creates a decadent, luxe atmosphere. The third floor is devoted solely to the home's most masterful master suite. A spacious sleeping chamber overlooking the Gulf is separated from a sitting room by a two-sided fireplace with television hook-up overhead. Built-in cabinetry in the sitting room cloak a wet bar. An office with private terrace, private laundry and storage area complete the east wing of the suite. On the opposite side is a truly lavish bathroom. It features a double vanity, jetted tub with heater and chromatherapy system, walk-in steam shower, private water closet and duvet. The bath itself features a north-facing balcony overlooking Lake Destiny with views west down the Destin coastline, as well as access to the Gulf-front terrace. On the fourth floor is a remarkable roof-top deck with stunning views west towards the Destin Harbour and east towards Sandestin. Fireworks can be seen from every direction over Fourth of July. This all-steel constructed home was specially engineered to carry the load of a large hot tub, perched atop a pedestal on the roof deck. All four floors are accessed by stair, as well as by a residential elevator. The central vacuum system incorporates suctioning kick-plates in high traffic areas. This home is designed for independent living throughout and no luxury or convenience was overlooked. In total, the home has 9 fireplaces (3 double-sided), 4 independent ice makers, 6 Infinity HVAC systems, 2 steam showers, commercial sprinkler system, 3 continual hot water systems and a commercial grade elevator which runs to all 4 floors. Designer furnishings may be purchased separately. This home is truly spectacular. Please make an appointment to experience it.

Last Agent to Sell the Property

Cindy Cole

Cindy Cole Fine Homes LLC License #3210066 Listed on: 04/08/2009

Co-Listed By

Blake Morar

Scenic Sotheby's International Realty License #642603

Last Buyer's Agent

Katie Atwater

The Premier Property Group License #3182770

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 25,265 Sq Ft Lot
  • Lot Dimensions are 90x283x90x278
  • Property fronts gulf or ocean
  • Property fronts a private road
  • Partially Fenced Property
  • Sprinkler System
  • Lawn Pump
  • Additional Land
  • Property is zoned City

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Slate Roof
  • Piling Construction
  • Stucco
  • Slate

Interior Spaces

  • 8,820 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Central Vacuum
  • Ceiling Fan
  • Fireplace
  • Sitting Room
  • Gulf Views

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Dressing Area
  • 7 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Covered Deck
  • Built-In Barbecue

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • High Efficiency Heating System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0075-0000-1080

Community Details

Overview

  • Destiny By The Sea Subdivision

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0.58 Acres

HOA Fees

$305 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.58
  • Lot Size: 90X283X90X278
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: EDRE
  • Co List Office Phone: 850-231-6052
  • Subdivision Name: DESTINY BY THE SEA
  • Directions: SCENIC 98 TO DESTINY BY THE SEA. THROUGH GATE TURN RIGHT. AT STOP SIGN, GO RIGHT. LAST HOUSE ON THE LEFT.
  • Architectural Style: Contemporary
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2009
  • Remarks Misc:Remarks: One-of-a-kind showplace directly on the Gulf. Situated on the most westerly and largest Gulf-front home site in the exclusive, gated neighborhood of Destiny by the Sea, 4700 Ocean Blvd surpasses all other homes on the Destin coastline. This masterpiece residence optimizes the best views that the Gulf coast has to offer with 172' of unobstructed beachfront. The only true, four-story house on the Gulf in Destiny by the Sea, the fourth floor features an open deck with elevated hot tub, outdoor kitchen as well as a heated and cooled relaxation/game room with wet bar and full bath. Its sprawling 8800 square feet of living space encompasses seven master suites, the largest of which dominates the entire third floor and features its own private, covered terrace overlooking the Gulf. Just
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Energy:Heat High Efficiency: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Sitting Room: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Special Features: RealEstateOwned
  • Stories: 4

Interior Features

  • Appliances: Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Disposal, Fire Alarm/Sprinkler, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas
  • Full Bathrooms: 7
  • Total Bedrooms: 7
  • Interior Amenities: Elevator, Fireplace
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Elevator: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:StoveOven Gas: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Fireplace: Yes
  • Appliances:Central Vacuum: Yes

Exterior Features

  • Lot Features: Addl Land Available
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Foundation On Piling, Frame, Roof Tile/Slate, Stucco, Other N/A
  • Exterior Features: Balcony, BBQ Pit/Grill, Deck Covered, Deck Open, Fenced Lot-Part, Lawn Pump, Pool - Heated, Pool - In-Ground, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Lot Features:Addl Land Available: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • ConstructionSiding:Other NA: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Appliances:Auto Garage Door Opn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Waterfront
  • Association #2 Fee: 915.0
  • 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: 25264.8
  • Parcel #: 00-2S-22-0075-0000-1080
  • Zoning: City
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2009
Closed on
Feb 17, 2012
Sold by
Peoples Bank Of Alabama
Bought by
Jojo Holdings Llc
Seller's Agent
Cindy Cole
Cindy Cole Fine Homes LLC
Buyer's Agent
Katie Atwater
The Premier Property Group
List Price
$5,550,000
Sold Price
$5,550,000
Current Estimated Value
$6,021,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,323
Avg. Annual Appreciation
0.57%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Heidepriem Phillip M
Bought by
Peoples Bank Of Alabama and Peoples Bank Of North Alabama

Purchase Details

Closed on
Feb 18, 2004
Sold by
Harris Timothy W and Harris Wendy Sohne
Bought by
Heidepriem Phillip 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
Jojo Holdings Llc $5,550,000 None Available
Peoples Bank Of Alabama $7,000,000 Attorney
Heidepriem Phillip M $2,300,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2012 02/17/12 Sold $5,550,000 0.0% $629 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
04/08/2009 04/08/09 For Sale $5,550,000 -- $629 / 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 $87,378 $7,695,080 $3,633,178 $4,061,902
2024 $77,915 $7,368,572 $3,364,718 $4,003,854
2023 $77,915 $7,281,666 $3,364,717 $3,916,949
2022 $69,099 $6,185,394 $2,913,175 $3,272,219
2021 $60,338 $4,858,803 $2,524,800 $2,334,003
2020 $57,037 $4,558,621 $2,404,572 $2,154,049
2019 $53,402 $4,210,058 $2,404,572 $1,805,486
2018 $53,519 $4,167,983 $0 $0
2017 $50,131 $3,835,847 $0 $0
2016 $48,788 $3,755,985 $0 $0
2015 $46,224 $3,489,254 $0 $0
2014 $45,857 $3,434,097 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 514112

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0075-0000-1080

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