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Destin 32541 Destiny by the Sea
4773 Ocean Boulevard
$2,750,000
● House - Off Market

4773 Ocean Boulevard

Destin, FL 32541
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
$3,000,981
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Stunning First Tier Mediterranean style home offers breath taking views of the Gulf of Mexico from 7 balconies in nearly every room.  ''Tuscan Villa'' is located on a corner lot with the Gulf visible to the east, west, and south.  Relax on the tanning bed in the secluded tile pool with spa tucked behind a privacy wall in front of the home. An elevator expedites guests between floors in this impeccable 5 bedroom 5,5 bath home with updated Contemporary decor.  Private deeded beach access is located a few doors down and across the street. 2nd Floor Kitchen features granite counters, wine cooler, center island, stone backsplash and a breakfast bar open to the living area with cozy fireplace and dining area. Elegant 3rd Floor Master suite has fireplace, wet bar, en suite bath and 2 balconies.
Unit Size
-
Days on Market
217 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,778
HOA Dues
$1,266
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (ECAR #875910)

Price History

Date / Event Date Event Price
Feb 14, 2022 Sold
Premium
Sold
Jul 1, 2021 Listed by Keller Williams Realty Destin $2,850,000
Listed by Keller Williams Realty Destin
May 1, 2017 Sold
Premium
Sold
Feb 16, 2017 Listed by Keller Williams Realty Destin $2,300,000
Listed by Keller Williams Realty Destin
Sep 16, 2013 Sold
Premium
Sold

Property Highlights

Garage
Elevator
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • 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: 513
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,309
  • Lot Size Frontage Feet: 590
  • Total Building Area: 5,068
  • Gross Building Area: 5,068
  • Building Area: 3,600
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,600
  • 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: 0000000122
  • 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 26

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023305

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0075-0000-0260
  • Lot: 26
  • Municipality: DESTIN
  • Latitude: 30.3802
  • Longitude: -86.4016

    Address

  • Full Address: 4773 Ocean Blvd
  • Address - House Number: 4773
  • Address - Street Name: Ocean
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Destin
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 4,169
  • Tax Year: 2023
  • Tax Amount: $2,973,705
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2605
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 2,484,874
  • High Value: 3,132,215
  • Low Value: 1,837,533

    Market Valuation

  • Market Total Value: $2,489,247
  • Market Land Value: $1,099,037
  • Market Improvement Value: $1,390,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,489,247
  • Assessed Land Value: $1,099,037
  • Assessed Improvements Value: $1,390,210

    Sales

  • Current Sale Contract Date: Feb 09, 2022
  • Current Sale Recording Date: Feb 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3526583
  • Previous Sale Recording Date: May 01, 2017
  • Previous Sale Contract Date: Apr 28, 2017
  • Previous Sale Amount: $2,175,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Destiny by the Sea

Stats & Trends

Median Asking:

$1,887,000

Sale Price/ft²

$835

Above Asking

0.00%

Average Days on Market

100

Average Home Size

3710 ft²

Average Home Age

17.6 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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ECAR

Listed by: Crystal L Watkins, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 875910
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 4773 Ocean Boulevard built and last sold?
The property at 4773 Ocean Boulevard was built in 2001 and last sold on Feb 9, 2022 for $2,750,000.
How much is this home worth?
The estimated value of the home located at 4773 Ocean Boulevard is $0.
What are some comparable homes to 4773 Ocean Boulevard?
There are currently no comparable homes to 4773 Ocean Boulevard.
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