NOT LISTED FOR SALE

55 Sunfish St Destin, FL 32541

Estimated Value: $3,926,117 - $4,197,000

8 Beds
7.5 Baths
5,465 Sq Ft
$751/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $4,100,000 $750 Per Sq Ft

Current estimated payment $24,911/month

104 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Gulf View
  • Destin Elementary School Rated A-
  • In Ground Pool
  • Vaulted Ceiling

About This Home

As of August 2022

Sleek coastal contemporary design perfectly situated to capture gulf views & masterfully configured providing unparalleled amenities including a massive private resort style pool area complete with a stone waterfall feature & swim up bar as well as an adjoining spa and covered outdoor summer kitchen & living area. This is the ultimate beach house; a short-term rental machine with over $250,000 in gross annual rentals already on the books for 2022 and $380,000+ in gross projected annual rental income. This home was designed to maximize functionality and finely appointed with chic contemporary finishes while affording optimal comfort & living space. Notable features include multiple indoor and outdoor living areas, private commercial grade elevator, dual master suites with gulf views, built-in pinterest style bunk beds, indoor and outdoor surround sound system as well as security cameras for optimal privacy. The first floor layout boasts dual bunk rooms, a large bedroom with ensuite bath as well as an industrial style game room complete with a pool table & built in wet bar including a full size Sub-Zero fridge. The second floor is the focal point of indoor living space with a spacious living room featuring pecky cypress ceilings, floor to ceiling windows to soak in the beautiful gulf views, gas fireplace, built-in entertainment center and open to the massive dining area overlooking the rear amenities. The ample sized kitchen features floor-to-ceiling custom cabinetry, paneled Sub-Zero appliances and Wolf professional series gas range, walk-in pantry and large center island with gorgeous shell infused custom countertops. The second floor also features two full bedrooms with ensuite bathrooms & half bath as well as access to the second story outdoor dining area overlooking the lagoon style pool. The third floor features three full bedrooms including dual master suites with wrap around porches, laundry area as well as a fourth story viewing deck to maximize the incredible gulf and lake views that surround this prestigious home. Kokomo Kove owners enjoy deeded beach access steps from the home and centrally located near Destin's world class golfing, dining, shopping & entertainment.

Last Agent to Sell the Property

Spears Group

Compass Listed on: 03/25/2022

Compass

Last Buyer's Agent

Amanda Kaiser

Better Homes and Gardens Real Estate Emerald Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,237

Year Built

  • Built in 2016

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x135
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Exterior Columns
  • Frame Construction
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 5,465 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Built-in Bookshelves
  • Shelving
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-3200-0000-0020

Community Details

Overview

  • Kokomo Kove Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,237

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 60x135
  • Road Surface Type: Paved
  • Subdivision Name: KOKOMO KOVE
  • Directions: From Highway 98, turn South at Regatta Bay Boulevard. Proceed through Luke Ave. Turn left onto Scenic Highway 98 and Kokomo Kove will be on your left. Turn into Kokomo Kove and 53 Sunfish & 55 Sunfish
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2016
  • Remarks Misc:Remarks: Sleek coastal contemporary design perfectly situated to capture gulf views & masterfully configured providing unparalleled amenities including a massive private resort style pool area complete with a stone waterfall feature & swim up bar as well as an adjoining spa and covered outdoor summer kitchen & living area. This is the ultimate beach house; a short-term rental machine with over $250,000 in gross annual rentals already on the books for 2022 and $380,000+ in gross projected annual rental income.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Family Room: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Washer, Wine Refrigerator
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Elevator, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Shelving, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: 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:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes

Exterior Features

  • Lot Features: Sidewalk, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Frame, Roof Tile/Slate, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Fenced Back Yard, Fenced Privacy, Fireplace, Patio Covered, Patio Open, Pool - In-Ground, Shower, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Survey Available: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Shower: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access

Schools

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

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 00-2S-22-3200-0000-0020
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 29237.01
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Aug 23, 2022
Sold by
Sunfish Rentals Llc
Bought by
Dane Property Llc
Seller's Agent
Spears Group
Compass
Buyer's Agent
Amanda Kaiser
Better Homes and Gardens Real Estate Emerald Coast
List Price
$4,495,000
Sold Price
$4,100,000
Premium/Discount to List
-$395,000
-8.79%
Current Estimated Value
$4,103,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,039
Avg. Annual Appreciation
0.02%
Original Mortgage
$3,075,000
Outstanding Balance
$2,922,485
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$1,180,554

Purchase Details

Closed on
Jan 6, 2017
Sold by
Kokomo North Partners Llc
Bought by
Sunfish Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,030,000
Interest Rate
4.03%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dane Property Llc -- Emerald Coast Title Services
Sunfish Rentals Llc $2,900,000 Aqua Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dane Property Llc $3,075,000
Previous Owner Sunfish Rentals Llc $2,030,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2022 08/23/22 Sold $4,100,000 -8.8% $750 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $4,495,000 -- $823 / 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
2025 $41,735 $3,523,905 $566,284 $2,957,621
2024 $44,197 $3,658,197 $549,791 $3,108,406
2023 $44,197 $3,699,656 $513,822 $3,185,834
2022 $33,606 $3,019,429 $467,111 $2,552,318
2021 $29,237 $2,354,367 $240,680 $2,113,687
2020 $28,547 $2,281,598 $229,219 $2,052,379
2019 $29,429 $2,320,050 $229,219 $2,090,831
2018 $31,456 $2,449,695 $0 $0
2017 $32,179 $2,462,217 $0 $0
2016 $2,675 $205,905 $0 $0
2015 $2,573 $194,250 $0 $0
2014 $2,396 $178,694 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 894054

Emerald Coast Association of REALTORS®

APN: 00-2S-22-3200-0000-0020