$1,575,000
SOLD MAY 9, 2022

480 Captains Cir Destin, FL 32541

0.55 Acre
$2,863,636 Price per Acre
23,958 Sq Ft Lot

Recently Sold

$334 Per Sq Ft

Highlights

  • Marina
  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Destin Elementary School Rated A-
  • Golf Course Community
  • Fishing

About This Lot

As of November 2024

For comp purposes only

Last Agent to Sell the Property

Lindsey Lynch

Legendary Realty LLC License #3108865 Listed on: 04/29/2022

Last Buyer's Agent

Lindsey Lynch

Legendary Realty LLC License #3108865 Listed on: 04/29/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,351

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 105 x 251
  • Property Fronts a Bay or Harbor

HOA Fees

  • $256 Monthly HOA Fees

Schools

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

Additional Features

  • Bay Views
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0515-0000-0300

Community Details

Overview

  • Regatta Bay Subdivision

Amenities

  • Picnic Area
  • Game Room

Recreation

  • Boat Dock
  • Community Boat Launch
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$8,351

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.55
  • Lot Size: 105 X 251
  • Subdivision Name: Regatta Bay
  • Directions: 98 going east, turn left on Regatta Bay Blvd. Take a right on Commodore, turn right on Captains Circle, lot is on the right
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Utilities:Underground: Yes
  • Special Features: None

Exterior Features

  • View: Bay
  • Waterfront Features: Bay
  • Waterfront: Yes

Utilities

  • Utilities: Public Sewer, Public Water, Underground

Condo/Co-op/Association

  • Community Features: Boat Launch, Dock, Exercise Room, Fishing, Game Room, Gated Community, Golf, Marina, Pets Allowed, Picnic Area, Playground, Pool, Tennis, Waterfront
  • Association #2 Fee: 769.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 00-2S-22-0515-0000-0300
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8351.36
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Nov 27, 2024
Sold by
Coastal Land Development Llc
Bought by
G & S Properties Llc
Seller's Agent
Spears Group
Compass
Buyer's Agent
Britny Knox
Destin Real Estate Group of NWF LLC
List Price
$6,459,000
Sold Price
$5,450,000
Premium/Discount to List
-$1,009,000
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.10%
Original Mortgage
$4,277,500
Outstanding Balance
$4,254,959
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$877,277

Purchase Details

Closed on
Jul 23, 2015
Sold by
Jp Mac Llc
Bought by
Sawyer Hugh E and Sawyer Gail

Purchase Details

Closed on
Jun 17, 2008
Sold by
Bos Peter H
Bought by
Jp Mac Llc
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 Type Sale Price Title Company
Warranty Deed $5,450,000 None Listed On Document
Warranty Deed $5,450,000 None Listed On Document
Warranty Deed $750,000 Attorney
Special Warranty Deed $2,451,100 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,277,500 New Conventional
Closed $4,277,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 For Sale $5,950,000 +9.2% $1,259 / Sq Ft
11/27/2024 11/27/24 Sold $5,450,000 -8.4% $1,083 / Sq Ft
05/08/2024 05/08/24 Off Market $5,950,000 -- --
10/16/2023 10/16/23 Price Changed $5,950,000 -7.9% $1,183 / Sq Ft
09/26/2023 09/26/23 For Sale $6,459,000 +310.1% $1,284 / Sq Ft
05/09/2022 05/09/22 Sold $1,575,000 0.0% $334 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $1,575,000 -- $334 / 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 $25,706 $2,416,375 $1,202,959 $1,213,416
2023 $25,706 $2,418,174 $1,202,958 $1,215,216
2022 $10,077 $1,041,522 $1,041,522 --
2021 $10,077 $752,225 $752,225 $0
2020 $8,041 $718,200 $718,200 $0
2019 $7,728 $679,756 $679,756 $0
2018 $7,680 $666,427 $0 $0
2017 $7,257 $622,829 $0 $0
2016 $6,480 $555,108 $0 $0
2015 $6,309 $523,687 $0 $0
2014 $6,410 $525,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Paul Somers

    Seller's Agent in 2025

    John Paul Somers

    Somers & Company

    (850) 654-7777

    290 Total Sales

    John Paul Somers
    Section Image
  • Rachael Earley

    Seller Co-Listing Agent in 2025

    Rachael Earley

    Somers & Company

    (850) 225-6478

    246 Total Sales

    Rachael Earley
    Section Image

  • S

    Seller's Agent in 2024

    Spears Group

    Compass

  • B

    Buyer's Agent in 2024

    Britny Knox

    Destin Real Estate Group of NWF LLC

    (850) 855-6030

    4 Total Sales

    Britny Knox
    Section Image
  • Lindsey Lynch

    Seller's Agent in 2022

    Lindsey Lynch

    Legendary Realty LLC

    (850) 974-7070

    102 Total Sales

    Lindsey Lynch
    Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 897121

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0515-0000-0300

Florida Okaloosa County Destin 32541

480 Captains Cir, Destin, FL

This home is located at 480 Captains Cir, Destin, FL 32541 and is currently priced at $1,575,000, approximately $333 per square foot. 480 Captains Cir 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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