3 months on rocket

527 Vera Cruz Dr, Destin, FL, 32541

$3,310,000

5 Bedrooms
4 Full Baths, 1 Partial
3,310 SqFt
$1,000/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingBoat
Attached Garage2 spaces
Year Built1992
HeatingNatural Gas
WaterfrontCanal
ViewCanal
Private PoolYes
MLS #939746
Lot Size0.27 Acres
StatusActive

About 527 Vera Cruz Dr

Located within the beautiful area of Holiday Isle in Destin, Florida this impeccable 5-bedroom spacious house is an oasis that offers everything you desire. With its prime location, exceptional amenities, and stunning surroundings, this home, currently a 5 star vacation rental promises an unforgettable experience for all those seeking a perfect getaway. Continue for more information... Holiday Isle is renowned for its pristine beaches, crystal-clear emerald waters, and serene ambiance. Its tranquil surroundings offer an escape from the hustle and bustle of everyday life. Nestled within this coveted destination, our spacious house provides an ideal base to explore all that Holiday Isle has to offer. Indulge in the opulent comfort offered by this updated 5-bedroom home, including all of the following new interior items; 2 HVAC systems, pool equipment, kitchen and bathroom cabinetry, appliances, countertops, showers, flooring, light fixtures and furniture. The first floor boasts 2 king-sized bedrooms with en suites, a spacious living room and wet bar perfect for entertaining near the pool. With floor-to-ceiling windows on both floors, natural light effortlessly fills the rooms, creating an open and airy atmosphere. The second floor features a second open concept living, kitchen and dining. A primary king bedroom with en suite and two queen guest rooms which share a bath complete the second floor. Stepping outside, youll be greeted by a 360-degree wrap-around second floor balcony, offering views of the surrounding landscapes and waterfront canal. The manicured gardens imbue a sense of tranquility, while the inviting pool, jacuzzi and a dedicated half bath are perfect for poolside gatherings. Additionally, the 100-feet dock with shore power allows guests to explore the deep water canal, providing easy access to the Harbor, Crab Island and Gulf of Mexico for boating and water adventures. Its a mere two-minute walk to the private Emerald Coast beaches with its pristine white sand and crystal-clear waters. For those seeking a lucrative opportunity, this five-star vacation rental is currently generating substantial rental income. With its prime location, amenities, and updated condition, this property has established itself as a 5 star vacation home. Rental figures provided upon request, showcasing the potential financial benefits of investing in this beautiful property. Must see!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1992
  • Stories: 2
  • Living Area: 3,310 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Email: fl.admin@exprealty.net
  • Listing Agent: Lauren P Wall

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Refrigerator, Ice Maker, Security System, Electric Oven, Washer
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Tray/Cofferd Ceiling, Kitchen Island, Recessed Lighting, Lock Out, Newly Painted, Owners Closet, Pantry, Plantation Shutters, Renovated, Shelving, Washer/Dryer Hookups, Wet Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Canal
  • Exterior: Balcony, BBQ Pit/Grill, Dock, Hot Tub, Patio Covered, Patio Open, Pavillion/Gazebo, Pool - Heated, Pool - In-Ground, Porch, Porch Open, Shower, Sprinkler System, Summer Kitchen

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Boat

Lot Features

Lot Information:

  • Lot: Seawall, Within 1/2 Mile to Water
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Fort Walton Beach High School, Public District Grades 9-12
  • Destin Middle School, Public District Grades 5-8
  • Northwest Florida Ballet Academie, Public District Grades 3-8
  • Destin Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Hwy 98 to Gulf Shore Dr., right onto Norriego Dr. left onto Vera Cruz, home is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,310,000
  • Price Per SqFt: $1,000/SqFt

HOA Fees:

  • Amount: $385
  • Frequency: Annually

Tax Information:

  • Annual Amount: $7,107
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Destin, FL.

Map thumbnail provided by MapBox

Destin, FL

City

Med. Sold Price

$667.7K

Med. Price/SqFt

$416

Avg. Days On Market

82

# of Sold Homes

52

527 Vera Cruz Dr vs Destin

108 DAYS ON ROCKET

+26 Days

$3,310,000

+$2.6M More

$1,000/SqFt

+$583 More

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price and $583/SqFt more than other homes in Destin, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #939746

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Email: fl.admin@exprealty.net
  • Listing Agent: Lauren P Wall

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 11:20:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,107$605,951
2018$6,981$581,283
2017$6,952$569,327

History based on county public records data.

Payment Calculator

$16.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,990

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1712640
8
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.09 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1712641
7
/10

  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 4.37 miles

  • Public District Grades 5-8

school-card-donut-1712642
10
/10

  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 6.61 miles

  • Public District Grades 3-8

High School

school-card-donut-1712643
6
/10

  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 8.89 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,435. The majority of Destin, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 527 Vera Cruz Dr

What is the listing price of this property?

The listing price of 527 Vera Cruz Dr property is $3,310,000.

What type of property is this?

The property 527 Vera Cruz Dr is a house located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 527 Vera Cruz Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 527 Vera Cruz Dr are:
Destin Elementary School: GreatSchools Rating 8/10
Destin Middle School: GreatSchools Rating 7/10
Northwest Florida Ballet Academie: GreatSchools Rating 10/10
Fort Walton Beach High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,107 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 527 Vera Cruz Dr has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 527 Vera Cruz Dr is 3,310 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 527 Vera Cruz Dr is 1992.
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Rocket Homes›Florida›Okaloosa County›Destin›32541›527 Vera Cruz Dr

This home is located at 527 Vera Cruz Dr in Destin, FL and zip code 32541. This 3,310 square foot home, which was built in 1992, sits on a 0.27 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 10, 2024 and is currently priced at $3,310,000.

Destin, FL housing market in March 2024 saw over 3 listings sold above listed price, more than 11 sold at listed price and over 38 sold below. The number of homes for sale in Destin, FL increased by 15.5% between February 2024 and March 2024. In March 2024 median list price was $667,755 and the average listing age was 82 days.

From Rocket Homes Real Estate and based on county public records data.

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