NOT LISTED FOR SALE

502 Regatta Bay Blvd Destin, FL 32541

Estimated Value: $2,430,000 - $2,738,000

4 Beds
4.5 Baths
4,275 Sq Ft
$604/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $2,475,000 $579 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $15,759/month

29 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Upgraded Media Wing
  • Destin Elementary School Rated A-
  • On Golf Course
  • Heated In Ground Pool

About This Home

As of December 2021

This Beautiful Home still looks and feels Brand New! It has been used as a second home and has been very well maintained! Hickory wood flooring, plantation shutters, Kohler plumbing, plenty of storage and tons of natural light are features you will see throughout the entire home! The Chef's kitchen features, Quartz countertops, an oversized Quartz Island, 48'' Thermador Gas Range/Oven Combo, Sub-Zero refrigerator, polished nickel fixtures, extra large walk-in pantry, and a wet bar with an icemaker. Other features you'll find on the 1st floor include, master bedroom, guest bedroom with large bathroom and walk in closet and a full office. Additional features include a custom cast concrete mantle and fireplace, a 12ft. coffered foyer entry with reclaimed solid wood detailing, Beautiful custom 8ft. mahogany front doors and a very large laundry room. The spacious master bedroom features a sitting area, views of the pool, and large walk-in his and her closets. The master bath offers, double vanities, a soaking tub and a separate walk-in tiled shower. On the 2nd floor you'll find a covered balcony overlooking the pool, 2 guest bedrooms with large walk-in closets, 2 full baths, a large bonus room, and a spacious walk-in attic for added storage. The outdoor living area offers views of the beautiful Regatta Bay Golf Course and includes, a large covered patio, a summer kitchen with black granite, and last but not least, a heated saltwater pool with hot tub. A whole house generator was just installed(Summer 2021).

Built by Destin Custom Home Builders! Destin Custom Home Builders utilizes the most current technology for each build using only the finest materials and high end finishes such as: Impact Resistant Windows & Doors, Insulated Garage Doors, Wind and Impact Rated Garage Doors, Foam Spray Insulation in Roof for Superior Energy Efficiency, Insulation in All Interior walls for Energy Efficiency and Sound Proofing, Insulation between floors for Sound Barrier, Stainless Steel Door Hinges, 3 Piece Door Trim, Custom Wood Shelving in all Closets, All Showers have Schluter Waterproofing Systems Specifically Designed to Maintain Integrity & Durability, Air Conditioning Zones for Maximum System, Custom Solid Wood Cabinets throughout.

Last Agent to Sell the Property

Lindsey Lynch

Legendary Realty LLC License #3108865 Listed on: 09/24/2021

Last Buyer's Agent

Katie Atwater

The Premier Property Group License #3182770

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,752

Year Built

  • Built in 2018

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 106x158x79x190
  • Property fronts a private road
  • Coastal Barrier Zone
  • On Golf Course
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $235 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Exterior Columns
  • Floor Insulation
  • Slate Roof
  • Concrete Roof
  • Wood Trim
  • Stucco
  • Slate

Interior Spaces

  • 4,275 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Shelving
  • Woodwork
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Insulated Doors
  • Great Room
  • Dining Area
  • Upgraded Media Wing
  • Home Office
  • Bonus Room
  • Screened Porch
  • Exterior Washer Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Doors

Pool

  • Heated In Ground Pool
  • Spa
  • Gunite Pool

Outdoor Features

  • Balcony
  • Outdoor Kitchen
  • Built-In Barbecue

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • High Efficiency Heating System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2089-000B-0080

Community Details

Overview

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

Amenities

  • Picnic Area
  • Game Room
  • Recreation Room

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,752

Year Built

Built in 2018

Lot Details

0

HOA Fees

$235 per month

Parking

3

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Lot Size: 106x158x79x190
  • Road Frontage Type: Private Road
  • Subdivision Name: Regatta Bay
  • Directions: From Destin, head east on Highway 98. Just after you pass Destin Commons turn left into Regatta Bay neighborhood. Go through guard gate and stay on Regatta Bay Blvd. House is approx. 1/2 mile past the clubhouse on the right.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 2
  • Year Built: 2018
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:Heat High Efficiency: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Insulated Doors: Yes
  • Rooms:Covered Porch: Yes
  • Rooms:Bonus Room: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Screened Porch: Yes
  • Energy:Storm Windows: Yes
  • Rooms:Great Room: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Office2: Yes
  • Energy:Storm Doors: Yes
  • Energy:Insulated Floors: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Ice Machine, Microwave, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Gas
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Interior Amenities: Ceiling Tray/Cofferd, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - None, Kitchen Island, Lighting Recessed, Pantry, Plantation Shutters, Shelving, Split Bedroom, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar, Woodwork Stained
  • Window Features: Double Pane Windows, Storm Window(s)
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Interior:Wet Bar: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Woodwork Stained: Yes

Exterior Features

  • Lot Features: Covenants, Golf Course, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Roof Concrete, Roof Tile/Slate, Slab, Stucco, Trim Wood
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Fenced Back Yard, Hot Tub, Patio Covered, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Sprinkler System, Summer Kitchen
  • 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:Patio Covered: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Lot Features:Golf Course: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • ConstructionSiding:Roof Concrete: Yes
  • Exterior:Pool - Gunite Concrt: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Utilities: Gas - Natural, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Boat Launch, Community Room, Dock, Exercise Room, Fishing, Game Room, Gated Community, Golf, Marina, Pets Allowed, Picnic Area, Playground, Pool, Tennis, Waterfront
  • Association #2 Fee: 704.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Land Recreation, Management, Master Association, Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Parcel #: 00-2S-22-2089-000B-0080
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: Yes

Tax Info

  • Tax Annual Amount: 10752.28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Dec 8, 2021
Sold by
Thomason Lynn J and The Lynn J Thomason Trust
Bought by
Ziegler Estates Llc
Seller's Agent
Lindsey Lynch
Legendary Realty LLC
Buyer's Agent
Katie Atwater
The Premier Property Group
List Price
$2,475,000
Sold Price
$2,475,000
Current Estimated Value
$2,581,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,257
Avg. Annual Appreciation
1.09%

Purchase Details

Closed on
Jan 5, 2017
Sold by
Destin Custom Home Builders Llc
Bought by
Thompson Lynn J and Lynn T Thompson Trust

Purchase Details

Closed on
Nov 7, 2003
Sold by
Waltex Lp
Bought by
Reid Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2000
Sold by
Erhart Robert C and Erhart Melvin Jarrett
Bought by
Kelly Carol
Source: Public Records

Range of Values:

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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
Ziegler Estates Llc $2,475,000 Attorney
Thompson Lynn J $1,368,100 Attorney
Reid Robert G $169,000 --
Kelly Carol -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reid Robert G $135,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2021 12/08/21 Sold $2,475,000 0.0% $579 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $2,475,000 +80.9% $579 / Sq Ft
01/05/2018 01/05/18 Sold $1,368,012 0.0% $332 / Sq Ft View Prior Sale
03/22/2017 03/22/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $1,368,012 +704.7% $332 / Sq Ft
03/15/2016 03/15/16 Sold $170,000 0.0% -- View Prior Sale
02/04/2016 02/04/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $170,000 -- --
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 $24,169 $2,317,786 $257,161 $2,060,625
2023 $24,169 $2,325,851 $240,337 $2,085,514
2022 $21,647 $2,016,478 $218,488 $1,797,990
2021 $10,816 $1,010,859 $0 $0
2020 $10,752 $996,902 $150,285 $846,617
2019 $11,336 $997,159 $150,285 $846,874
2018 $1,698 $147,339 $0 $0
2017 $1,618 $137,700 $0 $0
2016 $1,239 $106,180 $0 $0
2015 $1,207 $100,170 $0 $0
2014 $1,165 $95,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 882424

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2089-000B-0080