See Home Value
Okaloosa 32541
877 Emerald Bay Drive
$850,000
● House - Off Market

877 Emerald Bay Drive

Destin, FL 32541
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$5,081
Est. Monthly
$159
HOA / Fees
3.46%
Cap Rate

About This Property

Step inside to a grand entry and nearly 3900 square feet of living space! This 4 bedroom, 3.5 bathroom home with bonus room is located in the gated golf course community of Emerald Bay. Designed for both entertaining and embracing the Destin beach lifestyle, this residence is a blank canvas to personalize!

The heart of the home is the gourmet kitchen featuring granite countertops, stainless steel appliances, a small island for serving, bar seating, and a charming breakfast nook which opens to a spacious living area with vaulted ceilings. In addition, a formal dining room with a trey ceiling adds elegance for special gatherings. The kitchen and dining maintain tile flooring and the living room transitions to a wood-look luxury plank. The first-floor primary suite boasts an ensuite with a deep soaking tub, dual vanities, and a walk-in shower. It is adjacent an office space or possible nursery. Upstairs, you'll find three generously sized bedrooms, two full baths with one being a Jack-and-Jill tub/shower combination with separate vanities spaces near each room. The loft-style walkway connects the rooms and maintains the open concept throughout the home. Above the garage, a HUGE bonus room provides endless possibilities for a potential media room, game room, or guest space.

Outdoors, enjoy a large pool and hot tub with water feature that has been recently refinished and complete with a spacious deck that was also refinished and gazebo for gatherings and cool shade. A convenient half bath is located off the pool area for easy access and guest use.

Additional highlights include an oversized driveway, a corner lot with no neighbors to the south, a private office, and the benefit of a 3-car garage. This home is conveniently located just 5 minutes from the beach, local shops, and restaurants. There are no short term rentals permitted in Emerald Bay community. Emerald Bay also offers a community pool and clubhouse within the Homeowner Association for your enjoyment.
Unit Size
-
Days on Market
85 days
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$625
HOA Dues
$159
Year Built
1994

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Last updated: 12 months ago (ECAR #983594)

Price History

Date / Event Date Event Price
Nov 14, 2025 Sold
Sold
Sep 29, 2025 In contract -
In contract
Sep 24, 2025 Price Decreased $875,000
↓ $24K (2.7%)
Price Decreased
Aug 21, 2025 Listed by Christies International Real Estate Emerald Coast $899,000
Listed by Christies International Real Estate Emerald Coast
May 20, 2019 Sold
Sold
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 736
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,931
  • Total Building Area: 3,889
  • Gross Building Area: 3,889
  • Building Area: 3,085
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,085
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD
  • Land Acres: 0000000297
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: EMERALD BAY PH 1-B LOT 1 BLK W

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Subdivision Phase Number: 1
  • Parcel: 00-2S-22-102A-000W-0010
  • Block: W
  • Lot: 1
  • Municipality: DESTIN FIRE DISTRICT
  • Latitude: 30.3965
  • Longitude: -86.4003

    Address

  • Full Address: 877 Emerald Bay Dr
  • Address - House Number: 877
  • Address - Street Name: Emerald Bay
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Destin
  • Carrier Code: C011
  • 4-Digit Zip Code: 5801
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 3,510
  • Tax Year: 2023
  • Tax Amount: $752,537
  • Tax Rate Code Area: 009

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 1,019,891
  • High Value: 1,220,021
  • Low Value: 819,762

    Market Valuation

  • Market Total Value: $745,044
  • Market Land Value: $119,720
  • Market Improvement Value: $625,324

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $745,044
  • Assessed Land Value: $119,720
  • Assessed Improvements Value: $625,324

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2019
  • Current Sale Recording Date: May 20, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3278801
  • Previous Sale Recording Date: Aug 07, 2014
  • Previous Sale Contract Date: Aug 01, 2014
  • Previous Sale Amount: $353,298
  • 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 Okaloosa


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Frequently Asked Questions

When was property at 877 Emerald Bay Drive built and last sold?
The property at 877 Emerald Bay Drive was built in 1994 and last sold on May 15, 2019 for $495,000.
How much is this home worth?
The estimated value of the home located at 877 Emerald Bay Drive is $0.
What are some comparable homes to 877 Emerald Bay Drive?
There are currently no comparable homes to 877 Emerald Bay Drive.