NOT LISTED FOR SALE

4741 Ocean Blvd Destin, FL 32541

Estimated Value: $4,151,000 - $5,246,000

7 Beds
7.5 Baths
4,528 Sq Ft
$988/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $3,800,000 $839 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $27,043/month

22 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Gulf View
  • Destin Elementary School Rated A-
  • In Ground Pool
  • Gated Community

About This Home

As of October 2021

Sleek coastal contemporary architecture juxtaposed prominent beachside positioning one tier off the Gulf of Mexico characterize this exceptional residence in the prestigious guard gated Destiny by the Sea. This exemplary retreat offers excellent vacation rental opportunity with over $300,000 in projected annual income as well as notable resort amenities including a sizable south facing private pool & spa adjacent to neighborhood exclusive deeded beach access. Recently built in 2017, this home offers an impressive three story vertical footprint and open floorplan with inverted living to take advantage of incredible gulf vistas. The second story living layout is accentuated by floor to ceiling glass windows overlooking the emerald green waters of the Gulf of Mexico anchored by a finely appointed chef's kitchen with professional series appliances and custom cabinetry. The oversized living and dining room is adjacent to the kitchen and offers direct access to the south facing covered balcony. The primary master bedroom is well positioned on the third story and offers pinnacle gulf views from this impressive suite and includes an ensuite spa-like master bathroom with Egyptian marble throughout, walk-in shower, dual vanities and beautiful views. Other notable features include a private elevator, dual garage stalls and ample parking, gas lanterns and thoughtful furnishings with curated design work by Marisol Gullo. Destiny by the Sea is a gulf front guard gated neighborhood in the heart of Destin Florida with excellent proximity to world class shopping, dining and local entertainment.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 06/30/2021

Last Buyer's Agent

Spears Group

Scenic Sotheby's International Realty Listed on: 06/30/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,186

Year Built

  • Built in 2017

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x110
  • Property fronts a private road
  • Partially Fenced Property
  • Corner Lot

HOA Fees

  • $378 Monthly HOA Fees

Parking

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

Home Design

  • Beach House
  • Exterior Columns
  • Frame Construction
  • Stucco

Interior Spaces

  • 4,528 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Built-in Bookshelves
  • Woodwork
  • Crown Molding
  • Beamed Ceilings
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Plantation Shutters
  • Great Room
  • Family Room
  • Dining Area
  • Play Room
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Air
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0075-0000-0370

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,186

Year Built

Built in 2017

Lot Details

0

HOA Fees

$378 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 50x110
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: DESTINY BY THE SEA
  • Directions: As you enter the gate of Destiny By The Sea (Isle of Palms Blvd.), turn right onto Ocean Blvd, then take a left onto Conch Cay and the home will be on your left on the corner.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2017
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Great Room: Yes
  • Rooms:Family Room: Yes
  • Rooms:Play Room: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Ceiling Vaulted, Elevator, Fireplace, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Pantry, Plantation Shutters, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: 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
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Wine Refrigerator: Yes
  • Appliances:Oven Double: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Fireplace: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Frame, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Deck Open, Fenced Lot-Part, Patio Covered, Patio Open, Pool - In-Ground, Porch, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: 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:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • Lot Features:Sidewalk: Yes
  • Lot Features:Corner: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Guest
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • 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
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Gated Community, Picnic Area, Pool, Tennis, Waterfront, Whirlpool
  • Association #2 Fee: 1133.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Master Association, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 00-2S-22-0075-0000-0370
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23185.75
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Oct 22, 2021
Sold by
Pelagic Properties Llc
Bought by
Athens Nicholas and Athens Tina
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Spears Group
Scenic Sotheby's International Realty
List Price
$3,800,000
Sold Price
$3,800,000
Current Estimated Value
$4,475,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$675,125
Avg. Annual Appreciation
4.15%
Original Mortgage
$1,000,000
Outstanding Balance
$894,128
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,580,997

Purchase Details

Listed on
May 30, 2017
Closed on
May 24, 2017
Sold by
Fantasea Llc
Bought by
Plegic Properties Llc
Seller's Agent
Jonathan Spears
Scenic Sotheby's International Realty
Buyer's Agent
Stacey Petrucci
30A Local Real Estate
List Price
$2,950,000
Sold Price
$2,950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$2,360,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 2016
Sold by
Hyneman William Russell and The Samantha Trust
Bought by
Fantasea Llc

Purchase Details

Closed on
Jan 14, 2016
Sold by
Hyneman J Kevin and The Rachel Trust
Bought by
Fantasea Llc

Purchase Details

Closed on
Jul 11, 2014
Sold by
Linavong Vanphaphone and Linavong Pamela
Bought by
The Samantha Trust and The Bailey Trust

Purchase Details

Closed on
Oct 28, 2011
Sold by
Wilcko James M
Bought by
Linavong Vanphaphone and Linavong Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2007
Sold by
New Vision Endodontic Seminars Ltd
Bought by
Wilcko James M
Source: Public Records

Range of Values:

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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
Athens Nicholas $3,800,000 Aqua Title Services
Plegic Properties Llc $2,950,000 Aqua Title Svcs
Fantasea Llc -- Attorney
Fantasea Llc -- Attorney
Fantasea Llc $950,000 Attorney
Fantasea Llc -- Attorney
The Samantha Trust $937,000 Mcneese Title Llc
Linavong Vanphaphone $600,000 None Available
Wilcko James M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Athens Nicholas $1,000,000
Previous Owner Plegic Properties Llc $2,360,000
Previous Owner Linavong Vanphaphone $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2021 10/22/21 Sold $3,800,000 0.0% $839 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $3,800,000 +28.8% $839 / Sq Ft
11/01/2020 11/01/20 Off Market $2,950,000 -- --
05/30/2017 05/30/17 For Sale $2,950,000 0.0% $652 / Sq Ft
05/26/2017 05/26/17 Sold $2,950,000 -- $652 / Sq Ft View Prior Sale
05/25/2017 05/25/17 Pending -- -- --
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 $38,335 $3,929,055 $1,587,559 $2,341,496
2023 $38,335 $3,388,983 $1,099,037 $2,289,946
2022 $33,486 $2,778,717 $925,573 $1,853,144
2021 $24,671 $1,986,676 $802,179 $1,184,497
2020 $23,186 $1,853,095 $763,980 $1,089,115
2019 $22,975 $1,811,293 $763,980 $1,047,313
2018 $23,180 $1,805,232 $0 $0
2017 $7,998 $612,000 $0 $0
2016 $6,283 $483,709 $0 $0
2015 $6,045 $456,330 $0 $0
2014 $5,828 $434,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 875733

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0075-0000-0370