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32541 Waterford
4300 Breakwater Drive
$15,000,000
↑ $5K (0%)
● House - For Sale

4300 Breakwater Drive

Destin, FL 32541
bedrooms
8 Beds
bathrooms
8 Baths, 1 Half Bath
square feet
15,195 Ft²
$78,019
Est. Monthly

About This Property

SPECTACULAR WATERFRONT ESTATE featured on HGTV'S EXTREME HOMES! Welcome to 4300 Breakwater Drive, Destin, Florida's Most Prestigious Waterfront Estate located within the exclusive Waterford of Kelly Plantation; a gated enclave within a gated master-planned community that offers a pristine golf course, club house with restaurant, tennis, and new pickleball courts! This magnificent home displays a fabulous Tuscan style and exquisite features and finishes throughout. Oriented on indisputably the finest bay-front acreage in all of Destin, the sprawling 1.8-acre estate contains over 400' of water frontage on the Choctawhatchee Bay and Jones Bayou, and a brick-paved path to the boat dock. Custom built using the finest of materials and technology, this estate reflects elegance and... sophistication. A brick-paved motor court leads to the dramatic arched limestone entrance, flanked by two lion sculptures and iron Cantera doors. The grand foyer has dual stairways, each with hand railings complementing the styling of the front doors and allows for direct views through to the expansive pool pavilion with the ultimate backdrop: the serene Choctawhatchee Bay waters! The first level features an open, inviting floor plan that is perfect for entertaining family and guests. A formal living and formal dining room flank the grand foyer. The dining room opens to a large wet bar with commercial grade 3' x 5' walk-in cooler and the family/casual dining area/kitchen. A circular floor-to-ceiling aquarium is just one mesmerizing focal point of this grand space. The gourmet kitchen would please the fussiest cook, with plenty of custom cabinetry, professional-grade appliances, and double-stacked granite counters. Just beyond the family room and visible from the kitchen is the home theater room, featuring stadium seating and 113' wide screen. The luxurious master wing has a large bedroom with three televisions mounted to the ceiling over the bed, a waterfront sitting area, a fireplace, a sumptuous designer bathtub, a large walk-in shower, double vanities, and two walk-in closets. Two additional bedroom suites are on the first level, as well as an exercise room. Take the stairs or the elevator to the second level to find three additional bedroom suites, a wet bar and adjoining den, a massage room, a large storage room, two offices with a private entrance, and a large balcony overlooking the bay and pool area. Step outside on the first level to a tropical oasis, with a beach-entry pool, a fountain with swim-up bar, and a lanai with summer kitchen and fireplace. Stacking sliding glass doors open from the family room, formal dining room, and living room onto the lanai, expanding the living and entertaining space. There are two garages, each accommodate three cars. In addition to the main house, a guest house over the north garage has two bedrooms, a full kitchen and living area, and a private entrance. So much thought went into every detail of this magnificent home! Every aspect of this interior has been finely appointed throughout with ruffled stone floors, Alder doors, hardwood floors, intricate trayed and domed ceilings. Also includes conditioned pet rooms with pet doors; a commercial-grade sprinkler system; a geo-thermal heating and cooling system; smart house technology, and much more! This expansive waterfront point at the end of Waterford's private cul-de-sac features lush landscaping, as well as a boat dock. A new whole-house generator was installed in 2024! A property of this caliber is a rarity and will certainly be admired by discriminating ownership that demands the finest details! Please inquire for further details and to schedule a private showing.
Unit Size
15,195 Ft²
Days on Market
777 days
Land Size
1.87 acres
Price per sqft
$987
Property Type
House
Property Taxes
$4,366
HOA Dues
-
Year Built
2006

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Last updated: 3 months ago (ECAR #957086)

Price History

Date / Event Date Event Price
Aug 28, 2025 Price Increased $15,000,000
↑ $5K (0%)
Price Increased
Jul 14, 2025 Price Increased $14,995,000
↑ $45K (0.3%)
Price Increased
Jul 11, 2025 Price Decreased $14,950,000
↓ $45K (0.3%)
Price Decreased
Jun 21, 2025 Price Decreased $14,995,000
↓ $5K (0%)
Price Decreased
Apr 6, 2025 Price Decreased $15,000,000
↓ $5M (25%)
Price Decreased
Show More

Property Highlights

Elevator
Garage
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Garage, Guest, Oversized, See Remarks, Other, Golf Cart Enclosed
Garage Spaces: 6
Interior Details
Half Bathrooms: 1
Full Bathrooms: 8
Interior Features: Elevator, Fireplace 2+, Guest Quarters
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator, Auto Garage Door Opn, Central Vacuum, Oven Double, Security System, Smoke Detector, Stove/Oven Gas
Rooms: 14
Has Fireplace
Fireplace Features: Fireplace
Exterior Details
Square Footage: 15195
Security Features: Fire Alarm
Property Condition: Construction Complete
Architectural Style: Tuscan
Year Built: 2006
Waterfront Features: Bay Access, Bayou
Building Area Total: 15195
Other Structures: Guest Quarters
Window Features: Window Treatment All
Patio and Porch Features: Covered
Pool Features: Heated, Pool - In-Ground, Pool Type
Pool is Private
Lot Features: Cul-De-Sac, See Remarks, Bulkhead/Seawall, Covenants, Restrictions, Within 1/2 Mile to Water
Lot Size Area: 1.87
Lot Size Units: Acres
Lot Size Acres: 1.87
Lot Size Square Feet: 81457.2
Lot Size Dimensions: 324 X 410 X 283
Financial Details
Tax Assessed Value: $550
Tax Annual Amount: $52,388
Utilities Details
Heating Type: Geothermal
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 15
  • Interior Walls Type: 18
  • Roof Shape Type: 9
  • Roof Cover Type: 18
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 7
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 2,738
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 81,557
  • Lot Size Frontage Feet: 4,400
  • Total Building Area: 18,946
  • Gross Building Area: 18,946
  • Building Area: 12,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 12,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERFORD @ KELLY PLANTATION
  • Land Acres: 0000001872
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: WATERFORD @ KELLY PLANTATION LOT 7

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023304

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-1002-0000-0070
  • Lot: 7
  • Municipality: DESTIN FIRE DISTRICT
  • Latitude: 30.4091
  • Longitude: -86.4388

    Address

  • Full Address: 4300 Breakwater Dr
  • Address - House Number: 4300
  • Address - Street Name: Breakwater
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Destin
  • Carrier Code: C016
  • 4-Digit Zip Code: 3450
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 15,168
  • Tax Year: 2023
  • Tax Amount: $5,238,799
  • Tax Rate Code Area: 009

    Appraisal Valuation

  • Standard Deviation: 0.4674
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 6
  • Final Value: 4,482,144
  • High Value: 6,577,378
  • Low Value: 2,386,909

    Market Valuation

  • Market Total Value: $7,642,190
  • Market Land Value: $2,371,546
  • Market Improvement Value: $5,270,644

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,970,341

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 13, 2017
  • Current Sale Recording Date: Feb 17, 2017
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3118322
  • Previous Sale Recording Date: Feb 24, 2016
  • Previous Sale Contract Date: Feb 23, 2016
  • Previous Sale Amount: $38,550,000
  • 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 Waterford


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Frequently Asked Questions

When was property at 4300 Breakwater Drive built and last sold?
The property at 4300 Breakwater Drive was built in 2006 and last sold on Feb 13, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 4300 Breakwater Drive is $17,386,944.
What are some comparable homes to 4300 Breakwater Drive?
There are currently no comparable homes to 4300 Breakwater Drive.