new - 2 days on rocket

48 Tranquility Ln, Destin, FL, 32541

$1,995,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,430 SqFt
$582/SqFt
House

Location

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48 Tranquility Ln, Destin$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Guest
Attached Garage2 spaces
Year Built2005
FireplaceFireplace
Private PoolYes
MLS #965644
Lot Size0.21 Acres
StatusActive

About 48 Tranquility Ln

48 Tranquility Lane is an exceptional coastal retreat offering 5 bedrooms, 3.5 bathrooms, and over 3,400 square feet of thoughtfully designed living space, making it perfect for families and guests to enjoy. This stunning property features one of the most impressive private pools in the area, complete with a spillover spa, a picturesque footbridge, and a 6-foot privacy fence, ensuring a secluded outdoor oasis like no other. Recent updates, including new hardwood flooring, fresh paint, modernized mattresses, and a high-efficiency pool heater, further enhance its luxury and comfort. This home has $155,000 + booked in 2024 with rental income ranging from $150K-225k annually in gross rental history. The first floor showcases an open-concept layout with a chefs kitchen featuring exotic granite countertops, flowing seamlessly into a spacious living room complete with a flat-screen TV and fireplace. The dining area overlooks the private courtyard and pool, creating an ideal setting for entertaining or relaxing. This level also includes a laundry room, a bedroom with full-size bunk beds, and a half bathroom. On the second floor, two expansive primary suites await, each with king-sized beds and private ensuite bathrooms. The primary suite above the garage also includes a cozy sitting area with a sectional and a queen sofa sleeper. Two additional bedrooms, one with two queen beds and another with a king bed, provide ample and flexible accommodations. Professionally decorated with custom furnishings and meticulous attention to detail, the home exudes sophistication. High-speed internet ensures seamless connectivity, while an additional refrigerator in the garage adds practicality. Outside, the homes extensive living spaces and extraordinary pool area offer endless opportunities for relaxation and entertainment. Situated just across the street from the beach and a short distance from Club Destiny, the property provides access to a wealth of community amenities, including a state-of-the-art clubhouse, fitness center, seasonally-heated swimming pool, tennis and basketball courts, a putting green, a childrens playground, and even a private 25-seat IMAX theater. Located in one of the most sought-after neighborhoods, 48 Tranquility Lane combines luxury, privacy, and convenience. Whether lounging in the secluded courtyard, enjoying the nearby white-sand beaches, or exploring the exceptional amenities of the area, this home offers the ultimate coastal lifestyle. Contact us today for rental projections & cost-to-own figures.

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • Year Built: 2005
  • Stories: 2
  • Living Area: 3,430 SqFt

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Spears Group

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • Interior: Breakfast Bar, Fireplace, Washer/Dryer Hookups, Window Treatment(s)
  • Fireplace: Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony, BBQ Pit/Grill, Columns, Fenced Lot-Part, Fireplace, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground, Porch Open, Shower, Summer Kitchen

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage, Guest

Lot Features

Lot Information:

  • Lot: Within 1/2 Mile to Water
  • Lot Size: 0.21 Acres

Other

Directions Information:

  • Directions: Just East of the Crab Trap Restaurant on Scenic Hwy 98. Turn North into Destiny East. Take the first left and home is the first house on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $582/SqFt

HOA Fees:

  • Amount: $850
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $11,941
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Destin, FL.

Med. Sold Price

$631.5K

Med. Price/SqFt

$372

Avg. Days On Market

91

# of Sold Homes

44

48 Tranquility Ln vs Destin

2 DAYS ON ROCKET

-89 Days

$1,995,000

+$1.3M More

$582/SqFt

+$210 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $210/SqFt more than other homes in Destin, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #965644

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Spears Group

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 6:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 18, 2014Home Sold
$1,082,500
Dec 29, 2003Home Sold
$225,000
Sep 17, 2001Home Sold
$115,000
Jul 10, 2000Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,941$954,370
2018$11,258$876,794
2017$11,066$846,716

History based on county public records data.

Payment Calculator

$10.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-697538
7
/10
  • Destin Elementary School

  • 630 Kelly St

  • 5.42 miles

  • Public District Grades PK-4

school-card-donut-697539
10
/10
  • Bluewater Elementary School

  • 4545 Range Rd

  • 7.55 miles

  • Public District Grades KG-5

school-card-donut-697540
8
/10
  • Van R. Butler Elementary School

  • 6694 W County Highway 30A

  • 8.58 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,149. Typical income of Destin, FL residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 48 Tranquility Ln

What is the listing price of this property?

The listing price of 48 Tranquility Ln property is $1,995,000.

What type of property is this?

The property 48 Tranquility Ln is a house located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 48 Tranquility Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $11,941 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 18, 2014 for $1,082,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 48 Tranquility Ln has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 48 Tranquility Ln is 3,430 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48 Tranquility Ln is 2005.

Rocket HomesFloridaOkaloosa CountyDestin3254148 Tranquility Ln

This home is located at 48 Tranquility Ln in Destin, FL and zip code 32541. This 3,430 square foot home, which was built in 2005, sits on a 0.21 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 04, 2025 and is currently priced at $1,995,000.

While more than 1 listings in Destin, FL in December 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 35 were sold below. Between November 2024 and December 2024, Destin, FL real estate market has seen increase in the number of listings by 0.5%. While the average time on the market in December 2024 was 91 days, the median list price was $631,545.

From Rocket Homes Real Estate and based on county public records data.

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