NOT LISTED FOR SALE

68 Tranquility Ln Destin, FL 32541

Estimated Value: $2,052,000 - $2,124,000

5 Beds
4 Baths
3,600 Sq Ft
$581/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $1,136,000 $316 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $12,656/month

Highlights

  • Lake Front
  • Beach
  • In Ground Pool
  • Destin Elementary School Rated A-
  • Media Room
  • Fishing

About This Home

As of July 2019

Prominently located, this pristine lake front retreat offers picturesque gulf & lake views ideally located in the gated, beachside community of Destiny East. This recently updated residence has been well positioned to enjoy westerly sunset views on the south side of Destiny East close to beach access and presiding over 50' of premium lake frontage. Exceptional short term rental opportunity abounds with over $110,000 in projected gross annual rental income. Notable recent updates include pressure washing, new carpet, new drapery, a new wine refrigerator in the wet bar area and new paint on the exterior of the home. This five bedroom custom home includes floor-to-ceiling windows that allow an abundance of natural lighting, travertine tile throughout the first floor, custom chef's kitchen with ample cabinet storage, stainless steel appliances, electric cooktop & double oven. The living room features a gas fireplace and soaring 20' ceiling, all opening up to the rear pool deck which is perfectly situated for ample privacy. The spacious master bedroom conveniently located on the first floor features dual closets, walk in shower, dual vanity & private water closet. The second floor features 3 bedrooms as well as a large lake front living room with a large balcony overlooking the pool & lake. This home also features a 2 car attached garage & ample parking spaces. Destiny East is centrally located with easy ingress and egress to Scenic Hwy or Highway 98, minutes to the famous Destin Harbor, Whole Foods, Legendary Marina and all the world famous shopping and dining and that Destin has to offer.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 07/03/2019

Last Buyer's Agent

Spears Group

Scenic Sotheby's International Realty Listed on: 07/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,114

Year Built

  • Built in 2004

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 156x51x143x85
  • Lake Front
  • Property fronts a private road
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $217 Monthly HOA Fees

Parking

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

Home Design

  • Mediterranean Architecture
  • Newly Painted Property
  • Exterior Columns
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Area
  • Media Room
  • Home Office
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0072-0000-0250

Community Details

Overview

  • Association fees include ground keeping, recreational faclty, security
  • Destiny East Ph 1 Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,114

Year Built

Built in 2004

Lot Details

0

HOA Fees

$217 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 156x51x143x85
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: DESTINY EAST PH 1
  • Directions: Traveling on Scenic Highway 98, turn North onto Isle of Palms Blvd., then turn left on Tranquility Ln. The property will be on your left. From Emerald Coast Highway 98, turn South onto Tranquility Lane, go through the gate and follow it all the way to the property, will be on your right. You will bypass the Destiny East club house, pool & tennis courts on your left.
  • Architectural Style: Mediterranean
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • Remarks Misc:Remarks: Prominently located, this pristine lake front retreat offers picturesque gulf & lake views ideally located in the gated, beachside community of Destiny East. This recently updated residence has been well positioned to enjoy westerly sunset views on the south side of Destiny East close to beach access and presiding over 50' of premium lake frontage. Exceptional short term rental opportunity abounds with over $110,000 in projected gross annual rental income. Notable recent updates include pressure washing, new carpet, new drapery, a new wine refrigerator in the wet bar area and new paint on the exterior of the home.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Dining Area: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Rooms:Office2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Microwave, Oven Continue Clean, Oven Double, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Wine Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Newly Painted, Pantry, Washer/Dryer Hookup, Wet Bar, Window Treatmnt Some
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: 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:Newly Painted: Yes
  • Appliances:Wine Refrigerator: Yes
  • Appliances:Oven Double: Yes
  • Interior:Wet Bar: Yes
  • Appliances:Oven Continue Clean: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Exterior Features: Balcony, Columns, Fenced Back Yard, Patio Covered, Patio Open, Pool - In-Ground, Porch, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • Lot Features:Sidewalk: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Oversized
  • 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, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Exercise Room, Fishing, Gated Community, Picnic Area, Playground, Pool, Tennis, Waterfront, Whirlpool
  • Association #2 Fee: 650.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 00-2S-22-0072-0000-0250
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10113.93
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2023
Sold by
Destin Shores Llc
Bought by
Browder Glenn Dale and Browder Elizabeth Grimm
Current Estimated Value
$2,090,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,937,134
Interest Rate
6.32%
Mortgage Type
Balloon
Estimated Equity
$153,172

Purchase Details

Closed on
Dec 31, 2021
Sold by
Fantasea Llc
Bought by
Destin Shores Llc

Purchase Details

Listed on
Jul 3, 2019
Closed on
Jun 2, 2019
Sold by
Cary Bradley and Cary Katherine
Bought by
Fantasea Llc
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Spears Group
Scenic Sotheby's International Realty
List Price
$1,136,000
Sold Price
$1,136,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Sep 9, 2006
Sold by
Blackburn David and Blackburn Lisa F
Bought by
Cary Bradley and Cary Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2004
Sold by
Babin Jerry J and Babin Anna M
Bought by
Blackburn David and Blackburn Lisa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$907,500
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2003
Sold by
Houle Bruce A
Bought by
Babin Jerry J and Babin Anna M
Source: Public Records
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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
Browder Glenn Dale $2,430,000 None Listed On Document
Browder Glenn Dale $2,430,000 None Listed On Document
Destin Shores Llc $1,712,000 Aqua Title Services
Fantasea Llc $1,136,000 Aqua Title Services
Cary Bradley $1,550,000 None Available
Blackburn David $1,210,000 --
Babin Jerry J $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browder Glenn Dale $2,000,000
Closed Browder Glenn Dale $2,000,000
Previous Owner Cary Bradley $1,240,000
Previous Owner Blackburn David $907,500
Closed Blackburn David $160,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2019 07/03/19 For Sale $1,136,000 0.0% $316 / Sq Ft
07/02/2019 07/02/19 Sold $1,136,000 -- $316 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
Source: Emerald Coast Association of REALTORS®

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 $19,011 $1,605,160 $683,246 $921,914
2024 $17,870 $1,803,600 $663,346 $1,140,254
2023 $17,870 $1,574,595 $459,221 $1,115,374
2022 $15,657 $1,299,256 $397,594 $901,662
2021 $11,052 $889,987 $344,588 $545,399
2020 $10,380 $829,647 $328,179 $501,468
2019 $10,280 $810,465 $328,179 $482,286
2018 $10,385 $808,727 $0 $0
2017 $10,114 $776,984 $0 $0
2016 $9,101 $700,660 $0 $0
2015 $8,848 $680,088 $0 $0
2014 $7,962 $593,665 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 802250

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0072-0000-0250