Nestled in the highly desirable area of Holiday Isle. This exceptional waterfront beach home offers the perfect blend of coastal living and modern convenience. Situated just one block from the beach with Gulf views and directly on a deep-water canal, this home is truly a rare find. What sets this property apart is its unique features, including a fully covered and enclosed outdoor entertainment area with observation deck and two covered boat slips with lifts, and an impressive 90 feet of deep-water frontage. The home boasts two separate living areas (2nd Level - Main Level and 3rd Level Lockout) each with their own private entrances totaling six spacious bedrooms, six full bathrooms and two fully equipped kitchens, providing ample room for family & guests. The main floor is comprised of 4 spacious bedrooms and 4 baths, large living area, gourmet kitchen with breakfast bar and an office. The 3rd Level Lockout is comprised of 2 bedrooms with 2 full baths, living area, kitchen with breakfast bar. These two living areas can be utilized together or kept separate. Additionally, the lower level offers 2,500 square feet of unfinished space, perfect for storage, work area or customized to suit your needs. With its prime location, youre only eight houses away from the private beach access of Holiday Isle and a 15-minute boat ride to Crab Island or the Gulf of Mexico. Whether youre seeking a luxurious permanent residence or a lucrative investment property, this home delivers on all fronts. Embrace the best of waterfront living in this stunning Holiday Isle retreat. Short term rentals are allowed. Rental projections are $150,000 - $175,000.
This property is $2.6M more than the Median Sold Price and $487/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: #964803
Listing Office:
Office Name: Century 21 AllPoints Realty
Office Phone: (850) 650-2220
Listing Agent: Kenneth R Koger, Rhonda Johnson
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 2024. 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: 12/18/2024, 4:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$9,574
$765,163
2018
$8,625
$671,770
2017
$8,311
$636,587
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Destin Elementary School
630 Kelly St
Distance between this listing and this school1.16 miles
Public District Grades PK-4
9
/10
Eglin Elementary School
200 Gaffney Rd
Distance between this listing and this school6.39 miles
Public District Grades KG-4
4
/10
Shalimar Elementary School
1350 Joe Martin Cir
Distance between this listing and this school6.42 miles
Public District Grades PK-5
Nearby Schools
7
/10
Destin Middle School
4608 Legendary Marina Dr
Distance between this listing and this school4.38 miles
Public District Grades 5-8
10
/10
Northwest Florida Ballet Academie
310 Perry Ave SE
Distance between this listing and this school6.52 miles
Public District Grades 3-8
4
/10
Meigs Middle School
150 Richbourg Ave
Distance between this listing and this school6.67 miles
Public District Grades 6-8
Nearby Schools
5
/10
Choctawhatchee High School
110 Racetrack Rd NW
Distance between this listing and this school8.52 miles
Public District Grades 9-12
6
/10
Fort Walton Beach High School
400 Hollywood Blvd SW
Distance between this listing and this school8.75 miles
Public District Grades 9-12
2
/10
Okaloosa Technical College and Choice High School
1976 Lewis Turner Blvd
Distance between this listing and this school9.07 miles
The neighbors living near this home have an average income of $80,435. The majority of Destin, FL residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 514 Vera Cruz Dr
What is the listing price of this property?
The listing price of 514 Vera Cruz Dr property is $3,250,000.
What type of property is this?
The property 514 Vera Cruz Dr is a house located in Destin, Florida, 32541.
Is this property for sale now?
Active Listing: 514 Vera Cruz Dr 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 $9,574 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 514 Vera Cruz Dr has 6 bedrooms and 6 bathrooms.
What is the square footage of this property?
The property 514 Vera Cruz Dr is 3,750 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 514 Vera Cruz Dr is 1972.
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This home is located at 514 Vera Cruz Dr in Destin, FL and zip code 32541. This 3,750 square foot home was built in 1972. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $3,250,000.
In November 2024 more than 0 listings in Destin, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 31 were sold below. The number of homes for sale in Destin, FL increased by 4.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 117 days, the median list price was $627,355.
From Rocket Homes Real Estate and based on county public records data.