NOT LISTED FOR SALE

4744 Ocean Blvd Destin, FL 32541

Estimated Value: $3,733,109 - $4,508,000

5 Beds
4.5 Baths
3,850 Sq Ft
$1,097/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $3,150,000 $818 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $26,557/month

400 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Newly Painted Property
  • Destin Elementary School Rated A-
  • Primary Bedroom Suite
  • Cathedral Ceiling

About This Home

As of January 2021

This is a rare opportunity to own this exquisite, three-story gulf front estate, affectionately known as ''Wave on Wave,'' in the exclusive Destiny by the Sea gated enclave in Destin, Florida. Designed by the sought-after Prescott Architect Firm, this concrete, and steel built gulf-front home has spectacular beach views from each of the three levels. Sip your coffee from one of the many outdoor living spaces, as the sun rises, spend the day frolicking along the seashore and toast the sunset once the day is done. This family-friendly beach house will become your family's gathering place for weekends, holidays and the summer, of course.
The family room, located on level two, has beach views from every angle, a gas fireplace, crown molding, and built-in bookcases. (more) The family room doors open to reveal a coastal outdoor living space that provides additional entertaining space, along with breathtaking views of the Gulf of Mexico. If you enjoy entertaining or your family naturally gravitates toward the kitchen to visit, Wave on Wave has plenty of space to relax and reminisce on the day's adventures, in the large gourmet kitchen with a breakfast bar, custom cabinetry, and gorgeous granite countertops. A chef's dream kitchen with incredible views. A private elevator provides convenient access to each level of beachfront living.

The master bedroom is a coastal retreat, designed for relaxation. Open the doors to the room's beachfront balcony and let the sound of seagulls and rhythm of the waves lull you to sleep. Or spend some time reading a book in the sitting area, which also showcases Gulf views. Vaulted, wooden ceiling features enhance the coastal feel of this spacious master bedroom. Just off the master bedroom, you'll find the master bathroom, which was designed to provide luxurious comfort in a tranquil beachfront setting, complete with an oversized shower suite and a large soaking tub.

The main entrance to Wave on Wave features a dramatic winding staircase. The first floor features a large guest room with two sets of arched French doors that open to an outdoor living space/balcony, which provides natural light and full views of the Gulf of Mexico. A full bathroom suite is just off this bedroom. Convenience asks key when you're living by the sea, so this home designed with a laundry room on the first and third floor and electronically retractable hurricane shutters.

Wave on Wave's first level offers two full bedroom guest suites with an ensuite bathroom with access to the private beach walkover.

Wave on Wave's third level offers an impressive beachfront master suite intentionally designed with a private vestibule entry as well as framed by a wall of glass, allowing for endless gulf views. The home's fifth bedroom suite is located on this level and has a private ensuite bath, as well.

This beach house has an oversized garage to hold two cars and even a golf cart for cruising. Ample parking for guests and a quaint courtyard beckons your arrival at the entrance.

Destiny By The Sea is a fully staffed security guard, gated community of 120 private homes, providing ultra privacy for homeowners, second homeowners, and a handful of celebrities. The beachside community includes an oversize resort-style swimming pool oasis, hot tub, workout facility, and a clubhouse entertainment area. Beach access is private and consists of a beach concierge service with rental chairs and umbrellas. Call now to schedule a FaceTime tour of this home or to schedule a private appointment. As a vacation rental home, Wave on Wave produces an enviable rental income of $260,000+, with little effort and an excellent property management team.

About Destin, Florida: Stunning white beaches, challenging golf, and world-famous fishing defines the Emerald Coast city of Destin.
Situated front and center on the Gulf of Mexico in northwest Florida, Destin is rightfully famed for its sugar-white sands and emerald-hued waters.
And due to its plentiful bounty of fishing opportunities and catch of days, Destin is widely known as the "world's luckiest fishing village."

Last Agent to Sell the Property

Brian LoCicero

Keller Williams Realty Destin License #3290275 Listed on: 11/14/2019

Keller Williams Realty Destin

Co-Listed By

Andrew LoCicero

Keller Williams Realty Destin License #3418627

Last Buyer's Agent

Brooks Wade

Beachy Beach 30A Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,321

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 35x195
  • Property fronts gulf or ocean
  • Property fronts a private road

HOA Fees

  • $368 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Newly Painted Property
  • Exterior Columns
  • Slate Roof
  • Concrete Siding
  • Stucco
  • Slate

Interior Spaces

  • 3,850 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Built-in Bookshelves
  • Shelving
  • Woodwork
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Balcony
  • 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
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0075-0000-0140

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, management, master, utilities, recreational faclty
  • Destiny By The Sea S/D Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,321

Year Built

Built in 2006

Lot Details

6,621 Sq Ft Lot

HOA Fees

$368 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 35x195
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: EKW1
  • Co List Office Phone: 850-654-2900
  • Subdivision Name: DESTINY BY THE SEA S/D
  • Directions: Enter Destiny by the Sea from Scenic Hwy 98 and turn right onto Ocean Blvd. Take 1st left onto Conch Cay and follow it to Ocean Blvd. Turn left. 4744 Ocean Blvd is the second house on the right.
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2006
  • Remarks Misc:Remarks: This is a rare opportunity to own this exquisite, three-story gulf front estate, affectionately known as ''Wave on Wave,'' in the exclusive Destiny by the Sea gated enclave in Destin, Florida. Designed by the sought-after Prescott Architect Firm, this concrete, and steel built gulf-front home has spectacular beach views from each of the three levels. Sip your coffee from one of the many outdoor living spaces, as the sun rises, spend the day frolicking along the seashore and toast the sunset once the day is done. This family-friendly beach house will become your family's gathering place for weekends, holidays and the summer, of course. The family room, located on level two, has beach views from every angle, a gas fireplace, crown molding, and built-in bookcases. (more)
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Cathedral, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Elevator, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Shelving, Washer/Dryer Hookup, Window Treatment All, Woodwork Stained
  • Window Features: Double Pane Windows
  • 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
  • Interior:Ceiling Cathedral: 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
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Fireplace: Yes
  • Interior:Woodwork Stained: Yes

Exterior Features

  • Lot Features: Covenants, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Tile/Slate, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Patio Covered, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Shower: Yes
  • Exterior:Columns: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Pool
  • Association #2 Fee: 1105.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal, Management, Master Association, Other Utilities, Recreational Faclty

Schools

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

Lot Info

  • Parcel #: 00-2S-22-0075-0000-0140
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 25321.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Jan 29, 2021
Sold by
Forty Four Llc
Bought by
Rocky Hill Llc
Seller's Agent
Brian LoCicero
Keller Williams Realty Destin
Buyer's Agent
Brooks Wade
Beachy Beach 30A Real Estate
List Price
$3,150,000
Sold Price
$3,150,000
Current Estimated Value
$4,223,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,073,777
Avg. Annual Appreciation
5.84%

Purchase Details

Closed on
Sep 12, 2016
Sold by
Destiny Ocean Investmets Llc
Bought by
Forty Four Holdings Llc

Purchase Details

Closed on
Jul 13, 2010
Sold by
Farrell James P
Bought by
Destiny Ocean Investors Llc

Purchase Details

Closed on
May 6, 2002
Sold by
Candal Francisco J and Candal Rebeca D
Bought by
Farrell James P

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
7.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rocky Hill Llc $3,150,000 Aqua Title Services
Forty Four Holdings Llc $2,550,000 Aqua Title Service
Destiny Ocean Investors Llc $2,225,000 Mcneese Title Llc
Farrell James P $725,000 Advance Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farrell James P $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $3,150,000 0.0% $818 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
11/14/2019 11/14/19 For Sale $3,150,000 -- $818 / 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 $43,433 $3,667,206 $1,715,667 $1,951,539
2024 $39,919 $3,508,603 $1,588,894 $1,919,709
2023 $39,919 $3,466,372 $1,588,894 $1,877,478
2022 $35,450 $2,941,697 $1,375,666 $1,566,031
2021 $28,475 $2,306,786 $1,192,267 $1,114,519
2020 $25,938 $2,073,099 $1,135,492 $937,607
2019 $25,244 $1,990,106 $1,135,492 $854,614
2018 $26,064 $2,029,782 $0 $0
2017 $25,321 $1,937,485 $0 $0
2016 $23,636 $1,819,648 $0 $0
2015 $22,233 $1,678,249 $0 $0
2014 $22,195 $1,655,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 835231

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0075-0000-0140

Your Personal Tour Guide

Ask me questions while you tour the home.