NOT LISTED FOR SALE

4831 Ocean Blvd Destin, FL 32541

Estimated Value: $2,063,000 - $2,643,772

5 Beds
5.5 Baths
3,996 Sq Ft
$579/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $2,050,000 $513 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $14,329/month

186 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 June 2024

Welcome to 4831 Ocean Blvd., located in the gated beach community of Destiny by the Sea. This beautiful Mediterranean style home has recently gone through a major home renovation. Exterior renovations include new stucco, new paint, new pool equipment & resurfacing of saltwater pool & spa. Interior renovations include, 2 new hot water heaters, 2 new HVAC systems, new appliances, new washer & dryer, new paint, new quartz counters, new tile backsplashes in kitchen & bathrooms, new LVP flooring, new lighting fixtures, new fans, new shelving in pantry, & recent servicing of elevator. The home offers 3 stories, 3996 sq. ft. of heated/cooled space, 5 large bedrooms, 6 baths, game room w/kitchenette, wet bar & a private pool & spa. This home won't last long! Schedule a showing today!

Last Agent to Sell the Property

Lindsey Lynch

Legendary Realty LLC License #3108865 Listed on: 11/16/2023

Last Buyer's Agent

Joiner Group

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,689

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 44 x 95 x 56 128
  • Property fronts a private road
  • Coastal Barrier Zone
  • Privacy Fence
  • Sprinkler System

HOA Fees

  • $488 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

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

Interior Spaces

  • 3,996 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Shelving
  • Woodwork
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa
  • Gunite Pool

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0075-0000-0490

Community Details

Overview

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

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,689

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$488 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 44 x 95 x 56 128
  • Road Frontage Type: Private Road
  • Subdivision Name: DESTINY BY THE SEA S/D
  • Directions: Enter Destiny By The Sea and turn right onto Ocean Blvd. Home is on left side of road.
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2005
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:AC - 2 or More: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator W/IceMk, Smoke Detector, Washer, Wine Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Elevator, Fireplace, Floor Tile, Floor Vinyl, Floor WW Carpet New, Furnished - None, Guest Quarters, Lighting Recessed, Newly Painted, Pantry, Renovated, Shelving, Split Bedroom, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Shelving: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes
  • Interior:Floor WW Carpet New: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Lot Features: Aerials/Topo Availbl, Covenants, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Concrete, Slab, Stucco
  • Exterior Features: Balcony, Columns, Fenced Privacy, Hot Tub, Pool - Gunite Concrt, Pool - In-Ground, Renovated, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • Lot Features:AerialsTopo Availbl: Yes
  • ConstructionSiding:Roof Concrete: Yes
  • Exterior:Pool - Gunite Concrt: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • 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
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Gated Community, Pets Allowed, Pool, Waterfront
  • Association #2 Fee: 1463.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, 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: 4791.6
  • Parcel #: 00-2S-22-0075-0000-0490
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: Yes

Tax Info

  • Tax Annual Amount: 18689.06
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jun 11, 2024
Sold by
Gali Setema and Gali Laina
Bought by
Thacker Timothy and Thacker Sharon
Seller's Agent
Lindsey Lynch
Legendary Realty LLC
Buyer's Agent
Joiner Group
Scenic Sotheby's International Realty
List Price
$2,595,000
Sold Price
$2,050,000
Premium/Discount to List
-$545,000
-21%
Views
111
Current Estimated Value
$2,204,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,165
Avg. Annual Appreciation
10.86%

Purchase Details

Listed on
Jan 30, 2021
Closed on
May 27, 2021
Sold by
Lentz Kimberly R and Bankruptcy Estate Of Ikechukwu
Bought by
Gali Setema and Gali Laina
Seller's Agent
Heather Williams
Scenic Sotheby's International Realty
Buyer's Agent
Lindsey Lynch
Legendary Realty LLC
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Original Mortgage
$1,350,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2019
Sold by
Royal Oaks Rental Properties Llc
Bought by
Okorie Ikechukwu

Purchase Details

Listed on
Jan 10, 2013
Closed on
Mar 8, 2013
Sold by
P & R Real Estate Llc
Bought by
Royal Oaks Rental Properties Llc
Seller's Agent
Andrea Farrell
Realty Associates of Santa Rosa Inc
Buyer's Agent
karrie rose
Keller Williams Realty Destin
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Nov 1, 2011
Sold by
Regions Bank
Bought by
P & R Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2011
Sold by
Parrothead Properties Llc
Bought by
Regions Bank and Regions Mortgage

Purchase Details

Closed on
Mar 17, 2004
Sold by
Rooke John H and Rooke Bethany A
Bought by
Parrothead Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,487,500
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Hurt Douglas E and Hurt Erin K
Bought by
Rooke John H and Rooke Bethany A

Purchase Details

Closed on
Aug 29, 2000
Sold by
Crystal Beach Dev Of Destin
Bought by
Hurt Douglas E and Hurt Erin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,890
Interest Rate
8.07%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Thacker Timothy $2,050,000 Shoreline Title
Gali Setema $1,500,000 Attorney
Okorie Ikechukwu -- Attorney
Royal Oaks Rental Properties Llc $1,200,000 Title Works
P & R Real Estate Llc $975,000 Neighborhood Title Group
Regions Bank $1,517,128 Attorney
Parrothead Properties Llc $400,000 Mcneese Title Llc
Rooke John H $215,000 Advance Title Inc
Hurt Douglas E $178,700 Advance Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gali Setema $1,350,000
Previous Owner Royal Oaks Rental Properties Llc $750,000
Previous Owner P & R Real Estate Llc $865,500
Previous Owner P & R Real Estate Llc $865,000
Previous Owner Parrothead Properties Llc $100,000
Previous Owner Parrothead Properties Llc $1,610,000
Previous Owner Parrothead Properties Llc $1,487,500
Previous Owner Hurt Douglas E $142,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $2,050,000 -14.4% $513 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
01/30/2024 01/30/24 Price Changed $2,395,000 -7.7% $599 / Sq Ft
11/16/2023 11/16/23 For Sale $2,595,000 +73.0% $649 / Sq Ft
05/28/2021 05/28/21 Sold $1,500,000 0.0% $375 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $1,500,000 +25.0% $375 / Sq Ft
06/23/2019 06/23/19 Off Market $1,200,000 -- --
03/08/2013 03/08/13 Sold $1,200,000 0.0% $300 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $1,200,000 -- $300 / 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 $21,276 $2,182,329 $928,231 $1,254,098
2023 $21,276 $1,869,568 $642,596 $1,226,972
2022 $18,689 $1,550,844 $556,906 $993,938
2021 $15,013 $1,208,945 $482,661 $726,284
2020 $14,109 $1,127,636 $459,677 $667,959
2019 $13,980 $1,102,169 $459,677 $642,492
2018 $14,118 $1,099,449 $0 $0
2017 $13,799 $1,055,816 $0 $0
2016 $13,272 $1,021,770 $0 $0
2015 $13,108 $989,434 $0 $0
2014 $12,573 $937,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 936764

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0075-0000-0490