NOT LISTED FOR SALE

501 Regatta Bay Blvd Destin, FL 32541

Estimated Value: $1,706,000 - $2,138,000

4 Beds
4.5 Baths
4,494 Sq Ft
$412/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $1,111,500 $247 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $10,989/month

155 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • Home fronts a pond
  • Destin Elementary School Rated A-
  • Fishing
  • Gated Community

About This Home

As of March 2021

GORGEOUS CUSTOM EUROPEAN DESIGNED HOME LOCATED IN GATED REGATTA BAY OVERLOOKING THE POND, 16TH HOLE AND 17TH TEE BOX! ENJOY BALCONIES ON BOTH LEVELS OVERLOOKING THE SCENIC BACKYARD. AS YOU ENTER YOU ARE GREETED BY A CURVED STAIRCASE AND TRAVERTINE FLOORING. DOWNSTAIRS YOU WILL FIND A SPACIOUS MASTER SUITE WITH A LUXE BATH, TWO LIVINGS AREAS, FORMAL DINING, BREAKFAST ROOM, AND A WELL APPOINTED CHEF'S KITCHEN WITH DOUBLE OVENS, LARGE COOK ISLAND AND GORGEOUS CABINETRY. UPSTAIRS YOU WILL FIND AN OFFICE WITH HALF BATH, TWO ADDITIONAL SPACIOUS BEDROOMS, AND A SECOND MASTER SUITE WITH ANOTHER INCREDIBLE BATH WITH SEPARATE SHOWER, JETTED TUB, AND DUAL VANITIES. THE MASTER AND ANOTHER BEDROOM HAVE DIRECT ACCESS TO THE UPSTAIRS MASSIVE COVERED BALCONY. JUST A SHORT WALK OR DRIVE TO THE BEACH.

Last Agent to Sell the Property

Elliot Marcus

World Impact Real Estate License #3086156 Listed on: 08/10/2020

World Impact Real Estate

Last Buyer's Agent

Christine Thompson

The Agency Northwest Florida Beaches License #3021996

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,893

Year Built

  • Built in 2007

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 79 x 185 x 88 x 204
  • Home fronts a pond
  • Lake Front
  • On Golf Course
  • Interior Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Carport
  • Automatic Garage Door Opener
  • Golf Cart Parking

Property Views

  • Lake
  • Pond

Home Design

  • Mediterranean Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Slate

Interior Spaces

  • 4,494 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-in Bookshelves
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Wall to Wall Carpet
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Induction Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Outdoor Features

  • Pond
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Multiple Water Heaters
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2089-000B-0550

Community Details

Overview

  • Association fees include ground keeping, land recreation, master, recreational faclty, security
  • Regatta Bay Ph 2 Subdivision
  • The community has rules related to covenants

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,893

Year Built

Built in 2007

Lot Details

0

HOA Fees

$235 per month

Parking

3

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Lot Size: 79 X 185 X 88 X 204
  • Road Surface Type: Paved
  • Subdivision Name: REGATTA BAY PH 2
  • Directions: FROM EMERALD COAST PARKWAY, TURN NORTH ONTO REGATTA BAY BOULEVARD. FOLLOW REGATTA BAY BOULEVARD TO 501 ON THE LEFT SIDE OF THE ROAD.
  • Architectural Style: Mediterranean
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2007
  • 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
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Breakfast Room: Yes
  • Energy:AC - 2 or More: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Energy:Heat - Two or More: Yes
  • Rooms:Office2: Yes
  • Rooms:Den: Yes
  • Waterfront:Pond: Yes
  • Energy:Water Heater - Two: Yes
  • Waterview:Pond2: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Disposal, Oven Double, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Warranty Provided
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Fireplace, Floor WW Carpet, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Warranty Provided: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Oven Double: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Fireplace: Yes
  • Appliances:Central Vacuum: Yes

Exterior Features

  • Lot Features: Covenants, Golf Course, Interior, Level
  • View: Pond, Lake
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Brick, Roof Tile/Slate, Slab
  • Exterior Features: Balcony, Patio Covered, Porch Open, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Sprinkler System: Yes
  • Lot Features:Golf Course: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Golf Cart Enclosed
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Golf Cart Enclosed: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Gated Community, Golf, Pets Allowed, Playground, Pool, Tennis
  • Association #2 Fee: 704.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Land Recreation, 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: 15246.0
  • Parcel #: 00-2S-22-2089-000B-0550
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9893.04
  • Tax Year: 2019

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Mar 5, 2021
Sold by
Temunovic Partnership Ltd
Bought by
Thurman James D and Appenzeller Denise A
Seller's Agent
Elliot Marcus
World Impact Real Estate
Buyer's Agent
Christine Thompson
The Agency Northwest Florida Beaches
List Price
$1,111,500
Sold Price
$1,111,500
Current Estimated Value
$1,853,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$742,030
Avg. Annual Appreciation
11.62%

Purchase Details

Closed on
Apr 20, 2010
Sold by
Temunovic Petar and Temunovic Cvijeta
Bought by
Temunovic Partnership Ltd

Purchase Details

Closed on
Feb 10, 2003
Sold by
Ropa Michael J and Ropa Cynthia A
Bought by
Temunovic Petar and Temunovic Cvijeta
Source: Public Records

Range of Values:

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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
Thurman James D $1,111,500 Customers First Title Co
Temunovic Partnership Ltd -- None Available
Temunovic Petar $140,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $1,111,500 0.0% $247 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
08/10/2020 08/10/20 For Sale $1,111,500 -- $247 / 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 $12,623 $1,261,314 -- --
2023 $12,623 $1,224,577 $0 $0
2022 $12,010 $1,155,786 $0 $0
2021 $10,233 $921,677 $157,800 $763,877
2020 $9,746 $870,461 $150,285 $720,176
2019 $9,893 $870,216 $150,285 $719,931
2018 $9,768 $847,546 $0 $0
2017 $9,742 $828,897 $0 $0
2016 $9,179 $786,279 $0 $0
2015 $8,906 $739,304 $0 $0
2014 $8,704 $712,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elliot Marcus

    Seller's Agent in 2021

    Elliot Marcus

    World Impact Real Estate

    (850) 225-7000

    4 in this area

    7 Total Sales

    Elliot Marcus
    Section Image
  • Christine Thompson

    Buyer's Agent in 2021

    Christine Thompson

    The Agency Northwest Florida Beaches

    (850) 267-5763

    2 in this area

    143 Total Sales

    Christine Thompson
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 841588

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2089-000B-0550

Florida Okaloosa County Destin 32541

501 Regatta Bay Blvd, Destin, FL

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