Check Availability
$5,000,000
● House - In Contract

601 MAGNOLIA Drive

Destin, FL 32541
bedrooms
5 Beds
bathrooms
6 Baths
square feet
5,454 Ft²
$24,551
Est. Monthly

About This Property

Discover your luxury living lifestyle in beautiful Destin, Florida! This stunning waterfront pool home offering ample room for family and guests. Spanning 5,454 square feet.  This home is perfectly situated on a generous 0.46-acre lot, just minutes from the beach.

Experience modern convenience with a four-car garage, an elevator for easy access, and a reliable generator. Boating enthusiasts will appreciate the deep-water boat slips and a dock that can accommodate vessels that are a 100 feet & multiple boat lifts.  Enjoy nearby shopping and dining options within a short five-minute drive, making this location ideal for a vibrant lifestyle.  Don't miss the chance to own this remarkable home that combines luxurious living.
Unit Size
5,454 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$917
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

Listed By

CRYSTAL MOYER
PENINSULA PROPERTIES REALTY INC

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Last updated: 5 months ago (Real MLS #2150147)

Price History

Date / Event Date Event Price
Jun 13, 2026 In contract -
In contract
Jun 11, 2026 Listed by PENINSULA PROPERTIES REALTY INC $5,000,000
Listed by PENINSULA PROPERTIES REALTY INC
Jul 9, 2025 Listed $4,990,000
Listed
This canal-front home on Holiday Isle sits on a spacious corner lot and is a true boater's dream, featuring over 217 feet of waterfront—ample space for your fleet of vessels. The property offers two covered deep-water 40-foot slips, one equipped with a 25,000-pound boat lift. Additional features include three 30-amp power pedestals and a non-covered jet ski lift. The crown jewel of the estate is a 100-foot lay-to dock, current owner has been HOA-approved to accommodate a 90-foot sportfishing yacht with a 23'2'' beam. This dock includes two 100-amp single-phase power pedestals and ten newly installed 12-inch pilings, ensuring secure mooring. Meticulously designed and constructed, this newer custom home boasts top-of-the-line upgrades and remarkable attention to detail, making it a standout for boat enthusiasts. Luxury amenities include an elevator, Generac generator, electric blinds, and plantation shutters. There is a spacious living area on each level, laundry room on each level and a second-floor kitchenette. Each of the five large bedrooms features its own en suite bathroom. Positioned at the end of a private cul-de-sac, the property features a large paver circular driveway, an oversized two-car garage, and a separate garage for a golf cart or boating and fishing supplies. The resort-like rear exterior includes a stunning swimming pool and hot tub with fountains, a rain curtain, and custom color-changing lighting. Roll-up pool screens provide unobstructed views and enhanced airflow. Over 2,000 square feet of covered porches, a large sundeck, and a private beach area with a fire pit complete this exceptional outdoor living space.
Sep 26, 2023 Sold
Sold
Nov 20, 2014 Sold
Sold

Property Highlights

Elevator
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Additional Parking, Garage, Garage Door Opener
Garage Spaces: 4
Interior Details
Full Bathrooms: 6
Appliances: Convection Oven, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator
Exterior Details
Square Footage: 5454
Square Footage Source: $0
Year Built: 2017
Waterfront Features: Canal Front, Navigable Water
Pool Features: In Ground
Pool is Private
Lot Size Area: 0.46
Lot Size Units: Acres
Lot Size Acres: 0.46
Lot Size Square Feet: 20037.6
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,014
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,114
  • Lot Size Frontage Feet: 2,170
  • Total Building Area: 7,636
  • Gross Building Area: 7,636
  • Building Area: 5,384
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,384
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLIDAY ISLE
  • Land Acres: 0000000462
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: HOLIDAY ISLE LOT 38 BLK E

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023303

Geography

  • Assessors Map Reference: 18
  • Parcel: 00-2S-24-2186-000E-0380
  • Block: E
  • Lot: 38
  • Municipality: DESTIN
  • Latitude: 30.3859
  • Longitude: -86.4929

    Address

  • Full Address: 601 Magnolia Dr
  • Address - House Number: 601
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Destin
  • Carrier Code: C004
  • 4-Digit Zip Code: 3159
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 6,288
  • Tax Year: 2023
  • Tax Amount: $931,223
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.4674
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 6
  • Final Value: 3,093,648
  • High Value: 4,539,812
  • Low Value: 1,647,483

    Market Valuation

  • Market Total Value: $3,630,544
  • Market Land Value: $1,681,718
  • Market Improvement Value: $1,948,826

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,992,321

    Sales

  • Current Sale Contract Date: Sep 20, 2023
  • Current Sale Recording Date: Sep 26, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3648820
  • Previous Sale Recording Date: Nov 20, 2014
  • Previous Sale Contract Date: Nov 18, 2014
  • Previous Sale Amount: $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 Holiday Isle


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Frequently Asked Questions

When was property at 601 Magnolia Drive built and last sold?
The property at 601 Magnolia Drive was built in 2017 and last sold on Sep 20, 2023 for $4,700,000.
How much is this home worth?
The estimated value of the home located at 601 Magnolia Drive is $5,050,000.
What are some comparable homes to 601 Magnolia Drive?
There are currently no comparable homes to 601 Magnolia Drive.