$595,000
SOLD APR 25, 2014

737 Bayou Dr Destin, FL 32541

0.87 Acre
$683,908 Price per Acre
37,897 Sq Ft Lot

Recently Sold

274 Days on Market

Highlights

  • Home fronts a seawall
  • Destin Elementary School Rated A-
  • 0.87 Acre Lot

About This Lot

As of October 2021

Trophy Lot on Joe's Bayou for sale. Deep Water and elevated more than 25 ft. above sea level. These estate sized lots (close to 1 acre) rarely become available. Located on the wide portion of Joe's Bayou, this lot already has dockage, with power and water, in place. There is a covered slip that will accommodate a 60 ft. boat and an additional open slip that will accommodate a 70 ft boat. All pilings have a special coating that prevent wood decay and the lot is well protected with 6 ft. of limestone rip-rap along the shore. Joe's Bayou is Destin's premier deep water community, the closest bayou to gulf access, and is one of the few locations that you can park 70 plus ft boats in your backyard. This is a Court Ordered Sale and the ability for the seller to accept an offer on this property, including a full price offer, is contingent upon pending litigation.

Last Agent to Sell the Property

Tim Shepard

Destin Real Estate License #3048016 Listed on: 06/27/2013

Last Buyer's Agent

Tim Shepard

Prudential Anchors Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38,015

Lot Details

  • 0.87 Acre Lot
  • Lot Dimensions are 94x449x100x396
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Property fronts a bayou

Schools

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

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2160-0002-0000

Community Details

Overview

  • Safe Harbor Subdivision

Recreation

  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$38,015

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.87
  • Lot Size: 94X449X100X396
  • Road Frontage Type: City Road
  • Subdivision Name: SAFE HARBOR
  • Directions: North on Main Street, left on Bayou, lot is 1/2 mile down on left.
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterfront:Bay: Yes
  • Utilities:Gas - Natural: Yes
  • Waterfront:Bayou: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Bulkhead/Seawall
  • Waterfront Features: Bay, Bayou
  • Waterfront: Yes
  • Lot Features:BulkheadSeawall: Yes

Utilities

  • Utilities: Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 37897.2
  • Parcel #: 00-2S-22-2160-0002-0000
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Oct 29, 2021
Sold by
Reiker Josh C and Reiker Liona
Bought by
Beckwith David A and Baker Mindy Catherine
Seller's Agent
Chris Abbott Group
Scenic Sotheby's International Realty
Buyer's Agent
Katie Atwater
The Premier Property Group
List Price
$3,600,000
Sold Price
$3,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%

Purchase Details

Listed on
May 20, 2016
Closed on
Mar 24, 2017
Sold by
Mclaughlin Properties Llc
Bought by
Reikker Josh C and Reikker Liona
Seller's Agent
On The Coast Team
ResortQuest Real Estate Topsl
Buyer's Agent
Chris Abbott Group
Scenic Sotheby's International Realty
List Price
$729,000
Sold Price
$729,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.40%

Purchase Details

Listed on
Jun 27, 2013
Closed on
Apr 25, 2014
Sold by
Caine Steven Lance and Caine Karen Annette
Bought by
Mclaughlin Properties Llc
Seller's Agent
Tim Shepard
Destin Real Estate
Buyer's Agent
Tim Shepard
Prudential Anchors Realty
List Price
$595,000
Sold Price
$595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$595,000
Interest Rate
4.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 25, 2000
Sold by
Parcel 208 B Corp
Bought by
Caine Steven Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $3,600,000 Mead Law & Title
Warranty Deed $729,000 Attorney
Warranty Deed $595,000 None Available
Corporate Deed $550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Credit Line Revolving
Previous Owner $900,000 Credit Line Revolving
Previous Owner $595,000 Unknown
Previous Owner $600,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $4,995,000 -9.1% $774 / Sq Ft
03/25/2025 03/25/25 For Sale $5,495,000 +52.6% $851 / Sq Ft
10/29/2021 10/29/21 Sold $3,600,000 0.0% $558 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $3,600,000 +393.8% $558 / Sq Ft
03/23/2017 03/23/17 Sold $729,000 0.0% --
01/02/2017 01/02/17 Pending -- -- --
05/20/2016 05/20/16 For Sale $729,000 +22.5% --
04/25/2014 04/25/14 Sold $595,000 0.0% --
03/28/2014 03/28/14 Pending -- -- --
06/27/2013 06/27/13 For Sale $595,000 -- --
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 $38,015 $3,276,403 $760,567 $2,515,836
2023 $38,015 $3,220,740 $760,567 $2,460,173
2022 $32,700 $2,713,490 $658,499 $2,054,991
2021 $32,700 $1,868,510 $544,769 $1,323,741
2020 $22,102 $1,766,466 $520,128 $1,246,338
2019 $21,218 $1,672,785 $479,502 $1,193,283
2018 $6,165 $480,099 $0 $0
2017 $6,922 $529,617 $0 $0
2016 $6,743 $519,150 $0 $0
2015 $6,496 $490,350 $0 $0
2014 $5,315 $406,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 599748

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2160-0002-0000