NOT LISTED FOR SALE

4720 Ocean Blvd Destin, FL 32541

Estimated Value: $4,175,000 - $6,450,000

7 Beds
6.5 Baths
5,567 Sq Ft
$1,021/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $4,544,000 $816 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $34,213/month

525 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated Community
  • Destin Elementary School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of July 2020

Enjoy captivating gulf views from all four floors of this impressive 5,567 square foot beachfront retreat spanning an impressive three stories primarily located behind the gates of Destiny by the Sea. This expansive Mediterranean home boasts luxurious features including an extraordinary rooftop pool and private sun deck perfectly framed with contemporary glass railing offering panoramic views of the Gulf of Mexico, Choctawhatchee Bay and Destin cityscape. Other notable features include a private elevator, gulf front covered patio on each level with beautiful water views, a private courtyard with room for a potential second pool area, private beach access and spacious media room. This well-designed open concept layout offers seven bedroom suites each with uncompromising privacy well-positioned to enjoy gulf vistas. The second level gourmet kitchen is outfitted with double ovens and a gas cooktop all of which is open to the expansive living room framed by floor to ceiling glass windows that amplify the endless water views. The second level also features two premium master suites complete with spa-like en-suites outfitted with double vanities, a large soaking tub, fireplace, walk-in closets and a wet bar. Exceptional rental potential abounds with sleeping capacity for up to 20 guests comfortably with ample parking including a two-car garage. Located in the community of Destiny by the Sea, residents have access to the 3,000' of pristine private beaches, a resort style community pool and primarily located near all of the shopping, dining and entertainment of Destin Commons.

Last Agent to Sell the Property

Blake Morar Group

Scenic Sotheby's International Realty Listed on: 12/14/2018

Co-Listed By

Spears Group

Scenic Sotheby's International Realty

Last Buyer's Agent

Craig Baranowski

Scenic Sotheby's International Realty License #3082340

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,236

Year Built

  • Built in 2009

Lot Details

  • Lot Dimensions are 50x165
  • Property fronts gulf or ocean
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $378 Monthly HOA Fees

Parking

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

Home Design

  • Mediterranean Architecture
  • Exterior Columns
  • Frame Construction
  • Stucco

Interior Spaces

  • 5,567 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Area
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • 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
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0075-0000-0030

Community Details

Overview

  • Association fees include ground keeping, recreational faclty, security
  • Destiny By The Sea Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Community Whirlpool Spa

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,236

Year Built

Built in 2009

Lot Details

0

HOA Fees

$378 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50x165
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EDR4
  • Co List Office Phone: 850-231-6052
  • Subdivision Name: DESTINY BY THE SEA
  • Directions: Once entering the gate of Destiny By The Sea, take a right onto Ocean Blvd, then left onto Varazze Cay and finally, a right onto Ocean Blvd., and the home will be the 5th one down, on your left.
  • Architectural Style: Mediterranean
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2009
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Family Room: Yes
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Oven Double, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace, Fireplace 2+, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: 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:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Fireplace Gas: Yes
  • Appliances:Oven Double: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes
  • Interior:Fireplace 2: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Exterior Features: Balcony, Columns, Deck Open, Patio Covered, Patio Open, Pool - In-Ground, Porch, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • Lot Features:Sidewalk: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Guest, Oversized
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Gated Community, Picnic Area, Pool, Tennis, Waterfront, Whirlpool
  • Association #2 Fee: 1133.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Recreational Faclty, Security

Schools

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

Lot Info

  • Parcel #: 00-2S-22-0075-0000-0030
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 32236.23
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2018
Closed on
Jul 27, 2020
Sold by
Forty Four Homes Llc
Bought by
Thompson James Scott and James Scott Thompson Trust
Seller's Agent
Blake Morar Group
Scenic Sotheby's International Realty
Buyer's Agent
Craig Baranowski
Scenic Sotheby's International Realty
List Price
$4,544,000
Sold Price
$4,544,000
Current Estimated Value
$5,685,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,141,509
Avg. Annual Appreciation
4.36%

Purchase Details

Listed on
Sep 10, 2012
Closed on
Aug 31, 2012
Sold by
Fusion Worldwide Llc
Bought by
Forty Four Homes Llc
Seller's Agent
Casey Joiner
Scenic Sotheby's International Realty
Buyer's Agent
Casey Joiner
Scenic Sotheby's International Realty
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
Oct 24, 2003
Sold by
Staton Edward and Staton Billie
Bought by
Mullins Hal S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2000
Sold by
Agp Properties Fl Llc
Bought by
Staton Edward and Staton Billie

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
8.3%
Source: Public Records

Range of Values:

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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
Thompson James Scott $4,544,000 Aqua Title Services
Forty Four Homes Llc $3,000,000 Mcneese Title Llc
Fusion Worldwide Llc $2,540,000 Attorney
Mullins Hal S $1,184,300 Mcneese Title Llc
Staton Edward $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mullins Hal S $950,000
Previous Owner Staton Edward $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2020 07/27/20 Sold $4,544,000 0.0% $816 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
12/14/2018 12/14/18 For Sale $4,544,000 +51.5% $816 / Sq Ft
09/10/2012 09/10/12 Sold $3,000,000 0.0% $577 / Sq Ft View Prior Sale
09/10/2012 09/10/12 Pending -- -- --
09/10/2012 09/10/12 For Sale $3,000,000 -- $577 / 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 $48,207 $4,524,309 $2,336,610 $2,187,699
2023 $48,207 $4,476,252 $2,336,609 $2,139,643
2022 $42,799 $3,809,440 $2,023,038 $1,786,402
2021 $37,583 $3,026,476 $1,753,334 $1,273,142
2020 $33,657 $2,689,996 $1,669,842 $1,020,154
2019 $32,977 $2,599,824 $1,669,842 $929,982
2018 $33,320 $2,594,879 $0 $0
2017 $32,236 $2,466,598 $0 $0
2016 $31,665 $2,437,736 $0 $0
2015 $29,746 $2,245,374 $0 $0
2014 $29,374 $2,214,345 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 812583

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0075-0000-0030