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$1,945,000
● House - For Sale

28 Varazze Cay

Destin, FL 32541
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,814 Ft²
$10,941
Est. Monthly

About This Property

Rarely does a home of this caliber become available in Destiny By The Sea. Perfectly positioned just three homes from the sugar-white sands and emerald waters of the Gulf, this exceptional 5-bedroom, 4.5-bath residence offers 2,814 square feet of beautifully maintained living space within one of Destin's most prestigious guard-gated beachfront communities.

28 Varazze Cay has been lovingly maintained as a lightly used private second home and every detail reflects an extraordinary level of pride of ownership. This is a home that has been meticulously cared for, thoughtfully updated, and preserved in truly exceptional condition.

Designed for effortless coastal living, the spacious three-level floor plan offers an ideal balance of elegance and functionality. The main living level features soaring ceilings, beautiful stone flooring, an inviting living area, and an open-concept design that flows seamlessly into the dining area and well-appointed kitchen. Complete with quartz countertops, abundant cabinetry, a large breakfast bar, and a charming breakfast nook, the kitchen is equally suited for entertaining or everyday living. A highly desirable main-level guest bedroom adds convenience and flexibility, while the remaining bedrooms provide generous accommodations for family and guests. Multiple covered balconies invite you to enjoy the Gulf breeze, with peekaboo Gulf views from the upper level providing the perfect backdrop for morning coffee or spectacular sunsets.

Beyond its timeless design, this home has received an impressive list of recent improvements that set it apart from the competition. Major updates include a new tile roof (2025) with a 10-year transferable workmanship warranty, new exterior doors, new blinds, a new garage door and opener, freshly painted exterior (July 2026), and a new ice machine. The high-efficiency Carrier variable-speed HVAC system has been professionally serviced twice annually, with the exterior unit replaced approximately three years ago and protected with a specialized coastal coating for enhanced durability. Regular pest control and termite prevention treatments further reflect the owner's unwavering commitment to preventative maintenance and long-term care.

Residents of Destiny By The Sea enjoy an unmatched coastal lifestyle with 24-hour guarded gate security, private deeded beach access boardwalk, a resort-style community pool, hot tub and beautifully landscaped grounds - all just steps from one of the Emerald Coast's most spectacular stretches of beach.

Ideally located along Scenic Gulf Drive, you'll be minutes from Destin's finest dining, championship golf, boating, world-class fishing, Destin Commons, Grand Boulevard, Baytowne Wharf, HarborWalk Village, and Silver Sands Premium Outlets.

Whether you're searching for an exceptional primary residence, an exclusive coastal retreat, or a premier investment in one of Destin's most coveted beachfront communities, 28 Varazze Cay presents a truly rare opportunity. Homes this close to the beach are always in demand - but finding one that has been extensively updated and maintained to such exacting standards is exceptionally uncommon. Buyer to verify all information.
Unit Size
2,814 Ft²
Days on Market
64 days
Land Size
0.10 acres
Price per sqft
$691
Property Type
House
Property Taxes
$1,390
HOA Dues
-
Year Built
2004

Listed By

At The Beach Team
Keller Williams Realty Destin
Martin Luus
Keller Williams Realty Destin

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Last updated: 3 months ago (ECAR #1008561)

Price History

Date / Event Date Event Price
Jul 16, 2026 Listed by Keller Williams Realty Destin $1,945,000
Listed by Keller Williams Realty Destin
Jun 3, 2011 Sold
Sold
Jan 31, 2005 Sold
Sold

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Breakfast Bar, Ceiling Raised, Lighting Recessed, Owner's Closet, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer, Auto Garage Door Opn, Oven Self Cleaning, Stove/Oven Electric
Flooring Type: Floor Tile, Floor WW Carpet New
Rooms: 9
Exterior Details
Square Footage: 2814
Property Condition: Construction Complete
Architectural Style: Caribbean
Year Built: 2004
Building Area Total: 2814
Window Features: Double Pane Windows, Window Treatment All
Construction Materials: Frame, Stucco
Patio and Porch Features: Covered, Covered
Lot Features: Within 1/2 Mile to Water
Lot Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Lot Size Dimensions: 90X48
Financial Details
Tax Assessed Value: $1,463
Tax Annual Amount: $16,678
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Utilities, Accounting, Legal, Licenses/Permits, Management, Recreational Faclty

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 273
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 3,704
  • Gross Building Area: 3,704
  • Building Area: 2,814
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,814
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DESTINY BY THE SEA S/D
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: DESTINY BY THE SEA S/D LOT 57

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023308

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0075-0000-0570
  • Lot: 57
  • Municipality: DESTIN
  • Latitude: 30.3807
  • Longitude: -86.404

    Address

  • Full Address: 28 Varazze Cay
  • Address - House Number: 28
  • Address - Street Name: Varazze Cay
  • State: FL
  • City Name: Destin
  • Carrier Code: C018
  • 4-Digit Zip Code: 5704
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 3,149
  • Tax Year: 2023
  • Tax Amount: $1,433,318
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 1,586,213
  • High Value: 1,897,470
  • Low Value: 1,274,956

    Market Valuation

  • Market Total Value: $1,355,044
  • Market Land Value: $642,596
  • Market Improvement Value: $712,448

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,355,044
  • Assessed Land Value: $642,596
  • Assessed Improvements Value: $712,448

    Sales

  • Current Sale Contract Date: May 18, 2011
  • Current Sale Recording Date: Jun 03, 2011
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2707934
  • Previous Sale Recording Date: Jan 31, 2005
  • Previous Sale Contract Date: Jan 28, 2005
  • Previous Sale Amount: $1,675,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Destiny by the Sea


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Frequently Asked Questions

When was property at 28 Varazze Cay built and last sold?
The property at 28 Varazze Cay was built in 2004 and last sold on May 18, 2011 for $735,000.
How much is this home worth?
The estimated value of the home located at 28 Varazze Cay is $1,964,450.
What are some comparable homes to 28 Varazze Cay?
There are currently no comparable homes to 28 Varazze Cay.