Seller's Agent in 2023
John Paul Somers
Somers & Company
(850) 654-7777
288 Total Sales
471 Captains Cir Destin, FL 32541
Estimated Value: $2,000,000 - $2,412,000
5
Beds
5.5
Baths
4,532
Sq Ft
$475/Sq Ft
Est. Value
Highlights
- Marina
- Lake Front
- Golf Course Community
- Destin Elementary School Rated A-
- Boat Dock
- Upgraded Media Wing
About This Home
As of December 2023Builder's personal home - upgraded with recent renovations!
This extraordinary estate is located in the exclusive lakefront setting of Regatta Bay, a gated country club golf community in Destin, Florida. It is one of the most impressive homes currently available in the community, which prohibits short term rentals and allows for private ownership to enjoy the magnificent estates and amenities, including the golf club, tennis courts, and pools. Legendary Marine and its popular boating club are only a short stroll away from the owners' rear private gate.
The floor plan of this grand home includes a total of five bedrooms, three of which are on the first floor. The first floor also features an expansive kitchen and living room, study, and a phenomenal backyard lifestyle with a pool, hot tub, lanai, and summer kitchen. The 3 car garage is climate controlled and includes an hydraulic car lift and an epoxy floor coating. The second floor offers a fantastic multifaceted area, which can be ideally utilized as a media room.
The structural integrity of this home is outstanding, as are its windows and doors. The entire home is wired with advanced technology for home automation. Additionally, a whole-house generator provides peace of mind.
Opportunities like this are rare in Destin, Florida due to the limited availability of vacant estate-sized lots in gated, private, rental-restricted communities with remarkable amenities. This sensational community is also conveniently located near world-class beaches and commercial conveniences just outside its gates.
Showings for this property are by appointment only and require a minimum of 24 hours advanced notice. The listing agent(s) must accompany all showings.
Last Agent to Sell the Property
Somers & Company License #3210089 Listed on: 07/01/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,502
Year Built
- Built in 2016
Lot Details
- Lot Dimensions are 90x180x91x175
- Lake Front
- Lawn Pump
HOA Fees
- $235 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Mediterranean Architecture
- Slate Roof
- Stucco
- Slate
Interior Spaces
- 4,532 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Great Room
- Family Room
- Dining Room
- Upgraded Media Wing
- Lake Views
- Exterior Washer Dryer Hookup
Kitchen
- Self-Cleaning Oven
- Range Hood
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- En-Suite Primary Bedroom
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
Outdoor Features
- Heated In Ground Pool
- Covered Patio or Porch
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-0515-0000-0550
Community Details
Overview
- Association fees include management, master, recreational faclty, security
- Regatta Bay Subdivision
- The community has rules related to covenants
Recreation
- Boat Dock
- Marina
- Golf Course Community
- Tennis Courts
- Community Playground
- Community Pool
- Fishing
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 7, 2025
Sold by
Demaertelaere Bart H J and Liu Ann M
Bought by
Bart H J De Maertelaere Living Trust and Ann Liu Revocable Living Trust
Current Estimated Value
Purchase Details
Listed on
Jul 1, 2023
Closed on
Dec 20, 2023
Sold by
Brown Brian
Bought by
Demaertelaere Bart Hj and Liu Ann M
Seller's Agent
John Paul Somers
Somers & Company
Buyer's Agent
Vicki Matthews
Coldwell Banker Realty
List Price
$2,150,000
Sold Price
$1,767,500
Premium/Discount to List
-$382,500
-17.79%
Views
93
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$1,100,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 2, 2020
Closed on
Feb 2, 2021
Sold by
Suncraft Builders Inc
Bought by
Brown Brian
Seller's Agent
Lindsey Lynch
Legendary Realty LLC
Buyer's Agent
Lindsey Lynch
Legendary Realty LLC
List Price
$1,570,000
Sold Price
$1,570,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Purchase Details
Closed on
Jun 13, 2016
Sold by
Suncraft Builders Inc
Bought by
Suncraft Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jul 24, 2013
Closed on
Sep 26, 2014
Sold by
Stephens Craig J and Stephens Pamela J
Bought by
Suncraft Builders Inc
Seller's Agent
Susie Kirkland
LPT Realty LLC
Buyer's Agent
Jeffrey Brice
Beachy Beach 30A Real Estate
List Price
$200,000
Sold Price
$200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.92%
Original Mortgage
$150,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 4, 2009
Sold by
Holder J David and Holder Dixie M
Bought by
Stephens Craig J and Stephens Pamela J
Purchase Details
Closed on
Mar 31, 2004
Sold by
Sutton Dennis R and Sutton Susan G
Bought by
Holder J David and Holder Dixie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 10, 2003
Sold by
Jones Dennis A and Jones Cynthia L
Bought by
Sutton Dennis R and Sutton Susan G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bart H J De Maertelaere Living Trust | $100 | None Listed On Document | |
| Bart H J De Maertelaere Living Trust | $100 | None Listed On Document | |
| Demaertelaere Bart Hj | $1,767,500 | New Title Company | |
| Demaertelaere Bart Hj | $1,767,500 | New Title Company | |
| Brown Brian | $1,570,000 | Priority Title | |
| Brown Brian | $1,570,000 | Ward Lori Ellen | |
| Suncraft Builders Inc | -- | Aqua Title Services | |
| Suncraft Builders Inc | $200,000 | Attorney | |
| Stephens Craig J | $160,000 | None Available | |
| Holder J David | $215,000 | -- | |
| Sutton Dennis R | $132,000 | Southern Escrow & Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Demaertelaere Bart Hj | $1,100,000 | |
| Previous Owner | Suncraft Builders Inc | $515,000 | |
| Previous Owner | Suncraft Builders Inc | $150,000 | |
| Previous Owner | Holder J David | $193,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/20/2023 12/20/23 | Sold | $1,767,500 | -5.7% | $390 / Sq Ft | |
| 11/06/2023 11/06/23 | Pending | -- | -- | -- | |
| 10/26/2023 10/26/23 | Price Changed | $1,875,000 | -6.0% | $414 / Sq Ft | |
| 09/07/2023 09/07/23 | Price Changed | $1,995,000 | -3.9% | $440 / Sq Ft | |
| 08/08/2023 08/08/23 | Price Changed | $2,075,000 | -3.5% | $458 / Sq Ft | |
| 07/01/2023 07/01/23 | For Sale | $2,150,000 | +975.0% | $474 / Sq Ft | |
| 04/30/2023 04/30/23 | Off Market | $200,000 | -- | -- | |
| 02/02/2021 02/02/21 | Sold | $1,570,000 | 0.0% | $346 / Sq Ft | View Prior Sale |
| 12/31/2020 12/31/20 | Pending | -- | -- | -- | |
| 06/02/2020 06/02/20 | For Sale | $1,570,000 | +685.0% | $346 / Sq Ft | |
| 09/26/2014 09/26/14 | Sold | $200,000 | 0.0% | $44 / Sq Ft | View Prior Sale |
| 08/08/2014 08/08/14 | Pending | -- | -- | -- | |
| 07/24/2013 07/24/13 | For Sale | $200,000 | -- | $44 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $15,502 | $1,626,073 | $328,623 | $1,297,450 |
| 2023 | $15,502 | $1,495,397 | $0 | $0 |
| 2022 | $15,188 | $1,451,842 | $0 | $0 |
| 2021 | $12,446 | $1,166,666 | $192,048 | $974,618 |
| 2020 | $10,875 | $971,332 | $182,903 | $788,429 |
| 2019 | $11,047 | $971,694 | $182,903 | $788,791 |
| 2018 | $10,707 | $929,062 | $0 | $0 |
| 2017 | $10,677 | $908,402 | $0 | $0 |
| 2016 | $10,287 | $881,272 | $0 | $0 |
| 2015 | $1,867 | $155,000 | $0 | $0 |
| 2014 | $1,424 | $135,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Paul Somers
-
Rachael Earley
Seller Co-Listing Agent in 2023
Rachael Earley
Somers & Company
(850) 225-6478
248 Total Sales
-
Vicki Matthews
V
Buyer's Agent in 2023
Vicki Matthews
Coldwell Banker Realty
(850) 502-9571
58 Total Sales
-
Lindsey Lynch
Seller's Agent in 2021
Lindsey Lynch
Legendary Realty LLC
(850) 974-7070
104 Total Sales
-
S
Seller's Agent in 2014
Susie Kirkland
LPT Realty LLC
-
J
Buyer's Agent in 2014
Jeffrey Brice
Beachy Beach 30A Real Estate
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 926757
APN: 00-2S-22-0515-0000-0550
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