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$5,500,000   Price Analysis
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620 Magnolia Dr
Destin, FL 32541
6 bed 5 bath 4,649 SqFt ($1183/SqFt)
0.61 acre lot. Built 1971
Listed 2024-04-25, HOA $40, Taxes $11,217
Ⓧ USDA Ineligible
due to price & location

near Destin

BRAND BRAND NEW DEEP-WATER LISTING on HOLIDAY ISLE ~ 620 Magnolia Drive exemplifies the distinctive and timeless Mid-Century Modern style throughout this spectacular waterfront estate

Located on the exclusive Holiday Isle of Destin, Florida. This property has been meticulously renovated and expanded into a resort-style compound featuring a phenomenal cabana home alongside the expansive ~18' x 33' heated pool and 8-person hot-tub, multi-tiered pool de ck pavlion, poolside lanai, glass balustrades, high quality artificial turf and enlargeable deep-water dock, slip and boat lift. The result of this magnificent project is one of Holiday Isle's most elite addresses, oriented in convenient proximity to the deeded beach access afforded to the fortunate owners of this low density, waterfront. community. The fabulously creative hardscaping and landscaping accentuate the stunning elevations of this architectural masterpiece, surrounded by a charming white concrete wall.

The interior is undeniably one of the most impressive, featuring extraordinary features and finishes throughout and a fully furnished, accessorized and electronically equipped opportunity that will enable you to instantaneously enjoy the gorgeous Emerald Green waters and world-class beaches indicative of this most special town in the extraordinary State of Florida, where the sensational lifestyle is unrivaled in our Country. The spaciousness of the interior and exterior of both the main home and the cabana home will accommodate large family gatherings and display unforgettable ambiance during the evening hours with all the attractive accent lighting, all enjoying a private setting. The extensive natural illumination of sunlight everywhere in both homes will make your mind and body feel so refreshed, especially after spending time in the fitness studio (which overlooks the pool pavilion) working out or meditating. Ownership of this fine, unique estate will replicate the feeling that you experience like that at a 5-star resort. Please inquire for further details and to schedule a private showing.


Presented by John Paul Somers at
Somers & Company.
Listing Agent Photo

Property MLS #948211 from NWFlorida

Bedrooms: 6
Bedroom 1 Dimensions: 17 x 15
Bedroom 2 Dimensions: 14 x 13
Bedroom 3 Dimensions: 16 x 15
Bedroom 4 Dimensions: 13 x 13
Bedroom 5 Dimensions: 13 x 13
Primary Bedroom Level: Second
Bedroom 1 Level: 2
Bedroom 2 Level: 2
Bedroom 3 Level: 2
Bedroom 4 Level: 1
Bedroom 5 Level: 1

Total Bathrooms: 5
Full Bathrooms: 5

Furnished - All
Guest Quarters
Renovated
Upgraded Media Wing
Window Treatment All

Auto Garage Door Opn
Cooktop
Dishwasher
Disposal
Dryer
Ice Machine
Microwave
Refrigerator
Smoke Detector
Smooth Stovetop Rnge
Washer

Bedroom, Dining Area, Kitchen, Living Room, Master Bathroom, Master Bedroom
Dining Area: 17 x 14
Dining Area Level: 2
Master Bathroom: 9 x 9
Master Bathroom Level: 2
Living Room Dimensions: 30 x 20
Living Room Level: Second
Exercise Room: Yes

Kitchen Dimensions: 14 x 10
Kitchen Level: Second

Balcony
Boat Slip
Boatlift
Dock
Fenced Back Yard
Guest Quarters
Hot Tub
Lawn Pump
Pool - Heated
Pool - House
Pool - In-Ground
Renovated
Separate Living Area
Shower
Sprinkler System
Summer Kitchen

Pool Features: Private
Pool Private: Yes

Canal
Waterfront Feet: 90

Lot Description: Bulkhead/Seawall, Covenants, Sidewalk, Within 1/2 Mile to Water
Lot Size Acres: 0.61
Lot Size Dimensions: 170 x 167 x 130 x 50 x 40 x 117
Lot Size Square Feet: 26572

Parking Features: Boat, Covered, Garage Attached, Golf Cart Covered, Golf Cart Enclosed, Guest, Oversized

View: Canal, Gulf
Energy: AC - Central Elect, Heat Cntrl Electric, Water Heater - Tnkls

Association: Yes
Association Fee: 475
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 40

Elementary School: Destin
High School: Fort Walton Beach
Middle School: Destin

Destin Elementary School is a public elementary school located approximately 1.1 miles away.
directions icon Map directions

Destin Middle School is a public elementary and middle school located approximately 4 miles away.
directions icon Map directions

Fort Walton Beach High School is a public high school located approximately 9.2 miles away.
directions icon Map directions

Destin Christian Academy is a private elementary school located approximately 0.7 miles away.
directions icon Map directions

Facilities: Beach, Boat Launch, Deed Access, Dock, Exercise Room, Fishing, Minimum Rental Prd, Pets Allowed, Pool, Sauna/Steam Room, Separate Storage, Waterfront

Annual Tax Amount: 11465.81
Source Listing Status: Active
County: Okaloosa
Directions: MapQuest:620 Magnolia Drive, Destin, FL 32541
Tax Year: 2023
Source Property Type: Residential
Area: 14 - Destin
Source Neighborhood: HOLIDAY ISLE
Parcel Number: 00-2S-24-2186-000E-0270
Subdivision: HOLIDAY ISLE
Zoning: Resid Single Family
Property Subtype: Detached Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$969,248
$11,217
2021$unknown + $unknown
$941,017
$11,213
2020$unknown + $unknown
$928,025
$11,136
2019$unknown + $unknown
$782,502
$9,446
2018$unknown + $unknown
$767,912
$9,377
2017$unknown + $unknown
$701,178
$8,675
2016$363,350 + $323,406
$686,756
$8,443
2015$343,802 + $261,000
$604,802
$8,066
2014$unknown + $unknown
$323,457
$4,392
2013$unknown + $unknown
$466,449
$6,361
2012$unknown + $unknown
$466,514
$6,241
2011$unknown + $unknown
$488,385
$6,674
2010$unknown + $unknown
$538,863
$7,234
2009$unknown + $unknown
$609,471
$8,239
2008$unknown + $unknown
$731,689
$9,749
2007$unknown + $unknown
$1,226,989
$16,298

Price Changed 2024-06-05
$5,500,000
NWFlorida
Listed 2024-04-25
$6,500,000
NWFlorida
Sold 2013-08-08
$580,000
Public Record
Listing removed 2013-07-15
$529,900
NWFlorida
Listed 2013-06-13
$529,900
NWFlorida
Listing removed 2010-02-10
$750,000
NWFlorida
Listed 2009-12-22
$750,000
NWFlorida
Listing removed 2009-10-18
$998,000
NWFlorida
Price Changed 2009-08-13
$998,000
NWFlorida
Listing removed 2009-07-15
$2,350
NWFlorida
Listed for rent 2009-07-01
$2,350
NWFlorida
Price Changed 2009-06-25
$1,295,000
NWFlorida
Price Changed 2009-05-01
$1,700,000
NWFlorida
Listed 2009-04-26
$1,400,000
NWFlorida
Listing removed 2009-03-05
$4,000
NWFlorida
Listed for rent 2007-04-01
$2,350
NWFlorida
Sold 1995-03-01
$395,000
Public Record
Sold 1990-04-01
$258,000
Public Record

Total Square Feet Living: 4649
Year Built: 1971
Property Age: 53
Levels or Stories: 2.0
House Style: Contemporary
Year Built Details: Construction Complete

Electric
Gas - Natural
Public Sewer
Public Water
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.