NOT LISTED FOR SALE

4764 Ocean Blvd Destin, FL 32541

Estimated Value: $1,885,000 - $5,820,000

4 Beds
4 Baths
3,110 Sq Ft
$1,493/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $4,800,000 $1,543 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $29,288/month

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Beach House
  • Destin Elementary School Rated A-
  • Gated Community
  • Great Room

About This Home

As of May 2021

Spectacular beachfront home located in Destin, Florida's most exclusive, gated resort enclave known as Destiny by the Sea. Please inquire for further details.

Last Agent to Sell the Property

John Paul Somers

Somers & Company License #3210089 Listed on: 05/28/2021

Co-Listed By

Rachael Earley

Somers & Company License #3118214

Last Buyer's Agent

John Paul Somers

ecn.unknownoffice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,049

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 34 x 307
  • Property fronts gulf or ocean

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Beach House

Interior Spaces

  • 3,110 Sq Ft Home
  • 3-Story Property
  • Great Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0075-0000-0200

Community Details

Overview

  • Destiny By The Sea Subdivision

Recreation

  • Beach
  • Community Pool

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,049

Year Built

Built in 2008

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 34 X 307
  • Co List Office Mls Id: EJPS
  • Co List Office Phone: 850-654-7777
  • Subdivision Name: DESTINY BY THE SEA
  • Directions: Google Maps: 4764 Ocean Boulevard, Destin, FL 32541
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2008
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterfront:Gulf: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Great Room: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Pool Features: Pool Type
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • Attached Garage: Yes
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Gated Community, Pool, Waterfront
  • Association #2 Fee: 1245.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 00-2S-22-0075-0000-0200
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 26049.4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
May 28, 2021
Sold by
Brown Edward James and The Edward J Brown Jr Trust
Bought by
P Spence Family Limited Partnership
Seller's Agent
John Paul Somers
Somers & Company
Buyer's Agent
John Paul Somers
ecn.unknownoffice
List Price
$4,800,000
Sold Price
$4,800,000
Current Estimated Value
$4,643,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$156,191
Avg. Annual Appreciation
0.14%

Purchase Details

Listed on
Dec 12, 2014
Closed on
Dec 30, 2014
Sold by
Russell John C and Russell Carol L
Bought by
Brown Edward James and The Edward J Brown Jr Trust
Seller's Agent
Cindy Cole
Keller Williams Realty Destin
Buyer's Agent
Brandon Knox
In Demand Real Estate
List Price
$2,730,000
Sold Price
$2,730,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%

Purchase Details

Closed on
Aug 3, 2009
Sold by
Hyneman J Kevin
Bought by
Russell John C and Russell Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2005
Sold by
Mullins Hal S
Bought by
Hyneman J Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.61%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 23, 2003
Sold by
Gaby Richard D and Gaby Barbara Ann
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
$1,440,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
P Spence Family Limited Partnership $4,800,000 Aqua Title Services
Brown Edward James $2,730,000 Aqua Title Services
Russell John C $2,600,000 Mcneese Title Llc
Hyneman J Kevin $2,500,000 Destin Land & Title Inc
Mullins Hal S $1,800,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell John C $1,500,000
Previous Owner Hyneman J Kevin $2,000,000
Previous Owner Mullins Hal S $1,440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $4,800,000 0.0% $1,543 / Sq Ft
05/28/2021 05/28/21 For Sale $4,800,000 +75.8% $1,543 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
06/23/2019 06/23/19 Off Market $2,730,000 -- --
12/30/2014 12/30/14 Sold $2,730,000 0.0% $903 / Sq Ft
12/20/2014 12/20/14 Pending -- -- --
12/12/2014 12/12/14 For Sale $2,730,000 -- $903 / 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 $51,036 $4,430,584 $1,588,894 $2,841,690
2023 $51,036 $4,441,294 $1,588,894 $2,852,400
2022 $45,234 $3,753,545 $1,375,666 $2,377,879
2021 $26,604 $2,142,351 $1,192,267 $950,084
2020 $26,049 $2,081,971 $1,135,492 $946,479
2019 $26,150 $2,061,605 $1,135,492 $926,113
2018 $27,055 $2,106,998 $0 $0
2017 $26,701 $2,043,050 $0 $0
2016 $26,376 $2,030,561 $0 $0
2015 $25,091 $1,894,038 $0 $0
2014 $21,877 $1,631,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Paul Somers

    Seller's Agent in 2021

    John Paul Somers

    Somers & Company

    (850) 654-7777

    85 in this area

    290 Total Sales

    John Paul Somers
    Section Image
  • Rachael Earley

    Seller Co-Listing Agent in 2021

    Rachael Earley

    Somers & Company

    (850) 225-6478

    67 in this area

    250 Total Sales

    Rachael Earley
    Section Image

  • -

    Buyer's Agent in 2021

    - Ecn.rets.e9369

    ecn.rets.RETS_OFFICE

  • C

    Seller's Agent in 2014

    Cindy Cole

    Keller Williams Realty Destin

    (850) 502-6344

    57 in this area

    134 Total Sales

    Cindy Cole
    Section Image

  • B

    Buyer's Agent in 2014

    Brandon Knox

    In Demand Real Estate

  • -

    Buyer's Agent in 2014

    - Ecn.rets.e6195

    ecn.rets.RETS_OFFICE

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 873037

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0075-0000-0200

Florida Okaloosa County Destin 32541

4764 Ocean Blvd, Destin, FL

This home is located at 4764 Ocean Blvd, Destin, FL 32541 since 28 May 2021 and is currently estimated at $4,643,809, approximately $1,493 per square foot. This property was built in 2008. 4764 Ocean Blvd is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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