e
Seller's Agent in 2025
ecn.rets.e8939
ecn.rets.RETS_OFFICE
485 Captains Cir Destin, FL 32541
0.38
Acre
$539,474
Price per Acre
16,553
Sq Ft Lot
Highlights
- Lake Front
- Golf Course Community
- Community Pool
- Destin Elementary School Rated A-
- Gated Community
- Tennis Courts
About This Lot
As of April 2015AN ABSOLUTELY AMAZING LAKE-FRONT HOMESITE WITH THE MOST SPECTACULAR LAKE VIEW IN ALL OF REGATTA BAY IS NOW AVAILABLE! This homesite offers a truly wonderful opportunity to design and build the lake-front home of your dreams in Destin Florida's exclusive Regatta Bay Golf and Country Club resort community.
Captains Circle wraps around a lovely brim and bass stocked lake at Commodore Point in Regatta Bay and this homesite (485 Captains Circle / Lot 48, Commodore Point) is situated on the east end of the lake with the widest, longest, and most impressive lake view in all of Regatta Bay - a perfect tranquil setting for enjoying and sharing the characteristically spectacular sunsets of Florida's Emerald Coast from your pool, patio, or lanai. Destin Florida is a highly desirable and immensely popular resort location offering sugar white sandy beaches, the dazzling emerald green waters of the Gulf, soothing tropical breezes, world class golfing and fishing, water sports of all kinds, an extensive outlet mall, restaurants and bistros that will cater to every taste, and entertainment venues for the entire family. The Regatta Bay Golf and Country Club is home to Destin's premier residential gated community and Commodore Point is the most desirable neighborhood in the entire Regatta Bay development. Regatta Bay amenities include a nationally renowned golf course, clubhouse and restaurant; an amazing over-olympic sized community swimming pool and clubhouse, two clay-surfaced tennis courts, and shaded sidewalks and walking trails throughout. A better location to raise a family or just to enjoy a well-deserved retirement can't be found.
This homesite is in Flood Zone X (outside the 100 year and 500 year floodplain) and consequently, will not require flood insurance. This homesite is also above street level and lake level and should require site fill only to comply with HOA architectural guidelines and homeowner preferences.
This offering is a homesite with endless potential for the home you have always desired and dreamed about.
Last Agent to Sell the Property
Judy Kelley
Star Real Estate License #3123641 Listed on: 07/16/2014
Last Buyer's Agent
Mary Skinner
Keller Williams Realty Destin License #3267120
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,526
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 90 x 185
- Lake Front
- Home fronts a seawall
- Property fronts a private road
HOA Fees
- $219 Monthly HOA Fees
Property Views
- Lake Views
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Underground Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-0515-0000-0480
Community Details
Overview
- Association fees include accounting, electricity, ground keeping, management, security
- Regatta Bay Subdivision
- The community has rules related to covenants
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Bulkhead
Additional Features
- Recreation Room
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2014
Closed on
Apr 1, 2015
Sold by
Farr Richard S and Farr Ahn S
Bought by
Lauterbach Richard and Lauterbach Linda Diane
Seller's Agent
Judy Kelley
Star Real Estate
Buyer's Agent
Mary Skinner
Keller Williams Realty Destin
List Price
$205,000
Sold Price
$205,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.25%
Purchase Details
Listed on
Jan 11, 2013
Closed on
Jun 19, 2013
Sold by
Pensco Trust Company
Bought by
Farr Richard S and Farr Ahn S
Seller's Agent
Judith Christman
The Agency Northwest Florida Beaches
Buyer's Agent
Judy Kelley
Star Real Estate
List Price
$180,000
Sold Price
$180,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Purchase Details
Closed on
Apr 15, 2005
Sold by
Oskam Frans
Bought by
Pensco Trust Co and Craig A Elste Ira Eliak
Purchase Details
Closed on
Oct 13, 2003
Sold by
Niknafs Mike M
Bought by
Oskam Frans
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $205,000 | None Available | |
| Warranty Deed | $180,000 | None Available | |
| Warranty Deed | $585,000 | Mcneese Title Llc | |
| Warranty Deed | $225,000 | Destin Land & Title Inc |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | For Sale | $2,200,000 | +973.2% | $542 / Sq Ft |
| 04/01/2015 04/01/15 | Sold | $205,000 | 0.0% | -- |
| 03/06/2015 03/06/15 | Pending | -- | -- | -- |
| 07/16/2014 07/16/14 | For Sale | $205,000 | +13.9% | -- |
| 06/19/2013 06/19/13 | Sold | $180,000 | 0.0% | -- |
| 05/30/2013 05/30/13 | Pending | -- | -- | -- |
| 01/11/2013 01/11/13 | For Sale | $180,000 | -- | -- |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $8,526 | $864,362 | -- | -- |
| 2023 | $8,526 | $839,186 | $0 | $0 |
| 2022 | $8,349 | $814,744 | $0 | $0 |
| 2021 | $8,375 | $791,014 | $0 | $0 |
| 2020 | $8,325 | $780,093 | $0 | $0 |
| 2019 | $8,256 | $762,554 | $0 | $0 |
| 2018 | $8,207 | $748,336 | $0 | $0 |
| 2017 | $8,191 | $732,944 | $0 | $0 |
| 2016 | $1,918 | $164,300 | $0 | $0 |
| 2015 | $1,836 | $155,000 | $0 | $0 |
| 2014 | -- | $135,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller's Agent in 2015
Judy Kelley
Star Real Estate
-
Jeanne Carter Team
J
Seller Co-Listing Agent in 2015
Jeanne Carter Team
Star Real Estate
(850) 259-9873
-
M
Buyer's Agent in 2015
Mary Skinner
Keller Williams Realty Destin
-
J
Seller's Agent in 2013
Judith Christman
The Agency Northwest Florida Beaches
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 709990
APN: 00-2S-22-0515-0000-0480
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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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