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32541 Commodore Point
480 Captains Circle
$5,250,000
● House - Off Market

480 Captains Circle

Destin, FL 32541
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
$31,550
Est. Monthly
$975
HOA / Fees
-0.14%
Cap Rate

About This Property

480 Captains Circle is an extraordinary waterfront estate within the exclusive gates of Regatta Bay, featuring an array of wonderful amenities, as well as one of the top-rated golf courses along the Emerald Coast of Florida.  This recently designed and constructed home contains (6)-bedrooms, (6)-bathrooms, (1)-powder room, a heated & cooled saltwater pool, a summer kitchen, (2)-car garage with additional golf cart garage, and a 30' covered boat dock.  This home is also equipped with modern technology and phenomenal features and finishes.  Please inquire for further details and to schedule your private showing.
Unit Size
-
Days on Market
237 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$2,120
HOA Dues
$975
Year Built
2022

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Last updated: 8 months ago (ECAR #978586)

Price History

Date / Event Date Event Price
Feb 4, 2026 Sold
Sold
Jan 7, 2026 In contract -
In contract
Oct 9, 2025 Price Decreased $5,795,000
↓ $155K (2.6%)
Price Decreased
Jun 12, 2025 Listed by Somers & Company $5,950,000
Listed by Somers & Company
Sep 21, 2023 No longer available -
No longer available
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Property Highlights

Garage
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 200
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,851
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 6,691
  • Gross Building Area: 6,691
  • Building Area: 4,727
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 4,727
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COMMODORE POINT S/D
  • Land Acres: 0000000548
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 000000
  • Legal Description 1: COMMODORE POINT S/D LOT 30

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0515-0000-0300
  • Block: 1
  • Lot: 30
  • Municipality: DESTIN FIRE DISTRICT
  • Latitude: 30.4022
  • Longitude: -86.4147

    Address

  • Full Address: 480 Captains Cir
  • Address - House Number: 480
  • Address - Street Name: Captains
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Destin
  • Carrier Code: C017
  • 4-Digit Zip Code: 5305
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 5,523
  • Tax Year: 2023
  • Tax Amount: $2,570,566
  • Tax Rate Code Area: 009

    Appraisal Valuation

  • Standard Deviation: 0.4855
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 2
  • Final Value: 2,808,604
  • High Value: 4,172,249
  • Low Value: 1,444,958

    Market Valuation

  • Market Total Value: $2,418,174
  • Market Land Value: $1,202,958
  • Market Improvement Value: $1,215,216

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,418,174
  • Assessed Land Value: $1,202,958
  • Assessed Improvements Value: $1,215,216

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3546408
  • Previous Sale Recording Date: Jul 27, 2015
  • Previous Sale Contract Date: Jul 23, 2015
  • Previous Sale Amount: $750,000
  • 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 Commodore Point


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Frequently Asked Questions

When was property at 480 Captains Circle built and last sold?
The property at 480 Captains Circle was built in 2022 and last sold on Apr 29, 2022 for $1,575,000.
How much is this home worth?
The estimated value of the home located at 480 Captains Circle is $0.
What are some comparable homes to 480 Captains Circle?
There are currently no comparable homes to 480 Captains Circle.