NOT LISTED FOR SALE

542 Shelter Cove Dr Santa Rosa Beach, FL 32459

Estimated Value: $1,749,000 - $2,160,000

4 Beds
4.5 Baths
3,074 Sq Ft
$643/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $2,000,000 $651 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $11,674/month

44 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Heated In Ground Pool
  • Van R. Butler Elementary School Rated A-
  • Boat Lift
  • Bay View

About This Home

As of June 2024

Welcome to your dream retreat ON THE BAY! This exquisite custom design build by Romair Construction offers unparalleled luxury living, complete with its own private boat dock featuring a swim platform and 6,000 lb boat hoist. Step inside to discover an inviting open floor plan designed for effortless entertaining, highlighted by expansive windows that flood the space with natural light and showcase breathtaking views of the bay.
Indulge in the comforts of a spacious primary en suite, featuring a luxurious tile shower, double vanity, and an expansive walk-in closet. Enjoy direct access to the incredible backyard oasis, where you can unwind and soak in the stunning sunsets. With four bedrooms, two of which offer captivating bay views, and one currently used as a dedicated home office, this home provides ample space for both relaxation and productivity.
The heart of the home is the gourmet kitchen, complete with a large island for casual dining, generous cabinetry, and premium appliances. Adjacent to the kitchen, a sizable dining area perfect for hosting gatherings and creating lasting memories with loved ones.
Enhancing the allure of this waterfront haven are the thoughtful additions of a cozy fireplace, perfect for cozying up on cooler evenings, ADA accessibility throughout and a whole house generator, ensuring peace of mind during any unforeseen power outages. Featuring a large drive-way and an oversized two-car side entry garage equipped with an electric lift for attic access, you'll not only have ample space for your vehicles but also an easy solution for storing your belongings.
Conveniently located just minutes from the beach, premier shopping destinations, and a myriad of dining options, as well as a short boat ride away from Destin's beloved attractions like Baytowne Wharf, Northbeach Social, and Lulu's, this home offers the epitome of coastal living. Welcome home to your sanctuary by the bay!

Last Agent to Sell the Property

Jenny Brennan

Christies International Real Estate Emerald Coast License #3548333 Listed on: 03/05/2024

Christies International Real Estate Emerald Coast

Co-Listed By

Mark Braddock

Christies International Real Estate Emerald Coast License #3295352

Last Buyer's Agent

Matthew Mcguire

Scenic Sotheby's International Realty License #3109654

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,629

Year Built

  • Built in 2020

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 85 x 190 x 80 x 169
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Irregular Lot
  • Sprinkler System
  • Property is zoned Deed Restrictions, Resid

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Craftsman Architecture

Interior Spaces

  • 3,074 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Shelving
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Screened Porch
  • Bay Views
  • Exterior Washer Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Heated In Ground Pool
  • Bulkhead
  • Boat Lift
  • Docks
  • Built-In Barbecue

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Heating and Cooling System
  • High Efficiency Heating System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-2S-21-42800-000-0090

Community Details

Overview

  • Pelican Bay S/D Subdivision

Recreation

  • Boat Dock

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,629

Year Built

Built in 2020

Lot Details

0

HOA Fees

$45 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 85 x 190 x 80 x 169
  • Road Surface Type: Paved
  • Co List Office Mls Id: ENVB
  • Co List Office Phone: 850-213-2800
  • Subdivision Name: PELICAN BAY S/D
  • Directions: North on Goldsby from Hwy 98, Left on Shelter Cove Dr.
  • Architectural Style: Craftsman Style
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2020
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Energy:Heat High Efficiency: Yes
  • Appliances Microwave: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Water Heater - Gas: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Fire Alarm/Sprinkler, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Wine Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Built-In Bookcases, Ceiling Crwn Molding, Ceiling Vaulted, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Floor WW Carpet New, Furnished - None, Pantry, Shelving, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Ceiling Vaulted: Yes
  • Appliances:Security System: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Fireplace: Yes
  • Interior:Floor WW Carpet New: Yes

Exterior Features

  • Lot Features: Bulkhead/Seawall, Irregular
  • Pool Features: Pool Type
  • View: Bay
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Exterior Features: BBQ Pit/Grill, Boatlift, Dock, Patio Covered, Pool - Heated, Pool - In-Ground, Porch Screened, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:BulkheadSeawall: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:BBQ PitGrill: Yes
  • Lot Features:Irregular: Yes
  • Exterior:Boatlift: Yes
  • Exterior:Dock: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Dock, Waterfront
  • Association #2 Fee: 540.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: 24-2S-21-42800-000-0090
  • Zoning: Deed Restrictions, Resid
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10628.96
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Jun 5, 2024
Sold by
Pelican Bay Lot 9 Llc
Bought by
Jonathan Converse Buckland Revocable Living T and Cassidy Dang Buckland Revocable Living Trust
Seller's Agent
Jenny Brennan
Christies International Real Estate Emerald Coast
Buyer's Agent
Matthew Mcguire
Scenic Sotheby's International Realty
List Price
$2,650,000
Sold Price
$2,000,000
Premium/Discount to List
-$650,000
-24.53%
Views
43
Current Estimated Value
$1,975,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,360
Avg. Annual Appreciation
-1.00%
Original Mortgage
$1,400,000
Outstanding Balance
$1,380,213
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$595,427

Purchase Details

Closed on
Feb 14, 2019
Sold by
Destin Properties Vii Llc
Bought by
Pelican Bay Lot 9 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 30, 2008
Sold by
Arlen Lorraine
Bought by
Destin Properties Vii Llc

Purchase Details

Closed on
Aug 22, 2006
Sold by
Denova Gary P and Denova Arlen Lorraine
Bought by
Denova Gary P and Denova Arlen Lorraine

Purchase Details

Closed on
Nov 7, 2002
Sold by
Timberlake Christy
Bought by
Denova Gary P and Arlen Lorraine

Purchase Details

Closed on
Feb 14, 2002
Sold by
Denova Gary P and Denova Arlen Lorraine
Bought by
Arlen Lorraine and Timberlake Christy

Purchase Details

Closed on
May 24, 2001
Sold by
Douglas Nguyen
Bought by
Denova Gary P and Denova Arlen Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
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
Jonathan Converse Buckland Revocable Living T $2,000,000 Scenic Title Llc
Pelican Bay Lot 9 Llc $355,000 Mead Law & Title
Destin Properties Vii Llc $325,000 Dune Title Company Llc
Denova Gary P -- None Available
Denova Gary P $87,500 Mcgill Escrow & Title Llc
Arlen Lorraine -- --
Denova Gary P $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jonathan Converse Buckland Revocable Living T $1,400,000
Previous Owner Pelican Bay Lot 9 Llc $0
Previous Owner Pelican Bay Lot 9 Llc $800,000
Previous Owner Pelican Bay Lot 9 Llc $800,000
Previous Owner Denova Gary P $170,000
Previous Owner Denova Gary P $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $2,000,000 -21.6% $651 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
03/22/2024 03/22/24 Price Changed $2,550,000 -3.8% $830 / Sq Ft
03/05/2024 03/05/24 For Sale $2,650,000 -- $862 / 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 $10,629 $1,387,466 $472,500 $914,966
2023 $10,629 $1,064,133 $0 $0
2022 $10,806 $1,387,168 $416,084 $971,084
2021 $8,513 $879,449 $261,041 $618,408
2020 $2,384 $238,820 $238,820 $0
2019 $2,280 $229,634 $229,634 $0
2018 $2,202 $220,802 $0 $0
2017 $2,125 $214,371 $214,371 $0
2016 $2,063 $206,126 $0 $0
2015 $1,958 $192,641 $0 $0
2014 $1,805 $175,128 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 943848

Emerald Coast Association of REALTORS®

APN: 24-2S-21-42800-000-0090