2 months on rocket

602 Magnolia Dr, Destin, FL, 32541

$3,295,000

3 Bedrooms
4 Full Baths, 1 Partial
3,028 SqFt
$1,088/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Boat, Oversized
Attached Garage2 spaces
Year Built1983
HeatingCentral
CoolingCentral Air
BasementYes
WaterfrontCanal
FireplaceFireplace
ViewGulf, Canal
Private PoolYes
MLS #943115
StatusActive

About 602 Magnolia Dr

JUST REDUCED! TURNKEY! FULLY FURNISHED! 217 of navigable deep-water on the exclusive Holiday Isle of Destin, Florida, offering the best of both interests, dedicated beach access and boating. This sprawling estate was designed to beautifully entertain you and your guests while enjoying the ambiance projected from its rare waterfront expanse, and in proximity to the scenic harbor and its array of waterfront restaurants & commercial amenities, East Pass, Crab Island, Choctawhatchee Bay and the Gulf of Mexico. The superior orientation of its magnificent, nearly half acre cul-de-sac lot enjoys a radius engulfing approximately 217 along its deep-water canal, also containing inset boat slips and a sundeck... The home enjoys views of the gorgeous Caribbean-like, Emerald Green water of the Gulf of Mexico. The stunning waterfront pool deck, pool cabana, and summer kitchen will offer you, your family, and guests unforgettable memories. The existing survey, floorplan, and upgrade & exclusion list are located under the Documents Tab. Fully furnished, some exclusions shall apply. Please inquire for further details and to schedule your private showing. The VRBO Listing is contained in the following link https://www.vrbo.com/3578999

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 1983
  • Stories: 2
  • Living Area: 3,028 SqFt

Listing Office:

  • Office Name: Somers & Company
  • Office Phone: (850) 654-7777
  • Listing Agent: John Paul Somers, Rachael Earley

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Double Oven, Range Hood, Refrigerator, Washer, Wine Cooler
  • Basement: Yes
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Built-in Bookshelves, Raised Ceiling, Tray/Cofferd Ceiling, Kitchen Island, Recessed Lighting, Newly Painted, Pantry, Shelving, Washer/Dryer Hookups, Wet Bar, Window Treatment(s), Woodwork Painted
  • Fireplace: Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Gulf, Canal
  • Exterior: Balcony, BBQ Pit/Grill, Boat Slip, Columns, Deck Open, Dock, Fenced Lot-Part, Fireplace, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground, Porch, Porch Open, Shower, Sprinkler System

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Seawall, Covenant/Restriction, Cul-De-Sac, Flood Insurance Required, Survey Available, Within 1/2 Mile to Water

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: Mapquest: 602 Magnolia Drive, Destin, FL 32451

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,295,000
  • Price Per SqFt: $1,088/SqFt

HOA Fees:

  • Amount: $473
  • Frequency: Annually

Tax Information:

  • Annual Amount: $13,445
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$667.7K

Med. Price/SqFt

$416

Avg. Days On Market

82

# of Sold Homes

52

602 Magnolia Dr vs Destin

64 DAYS ON ROCKET

-18 Days

$3,295,000

+$2.6M More

$1,088/SqFt

+$671 More

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price and $671/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: #943115

Listing Office:

  • Office Name: Somers & Company
  • Office Phone: (850) 654-7777
  • Listing Agent: John Paul Somers, Rachael Earley

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: 4/29/2024, 12:20:25 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$13,445$1,074,565
2018$12,476$971,635
2017$11,998$918,057

History based on county public records data.

Payment Calculator

$16.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,945

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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-3096396
8
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.11 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3096397
7
/10
  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 4.24 miles

  • Public District Grades 5-8

school-card-donut-3096398
10
/10
  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 6.76 miles

  • Public District Grades 3-8

High School

school-card-donut-3096399
6
/10
  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 9.04 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,435. The most common annual income of people living in Destin, FL is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 602 Magnolia Dr

What is the listing price of this property?

The listing price of 602 Magnolia Dr property is $3,295,000.

What type of property is this?

The property 602 Magnolia Dr is a house located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 602 Magnolia 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 602 Magnolia 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 $13,445 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 602 Magnolia Dr has 3 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 602 Magnolia Dr is 3,028 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 602 Magnolia Dr is 1983.
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Rocket HomesFloridaOkaloosa CountyDestin32541602 Magnolia Dr

This home is located at 602 Magnolia Dr in Destin, FL and zip code 32541. This 3,028 square foot home was built in 1983. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 25, 2024 and is currently priced at $3,295,000.

In March 2024, from all listings sold in Destin, FL there were more than 3 sold above asking price, over 38 sold below and more than 11 were sold right at the asked price. Between February 2024 and March 2024, Destin, FL real estate market has seen increase in the number of listings by 15.5%. While the average time on the market in March 2024 was 82 days, the median list price was $667,755.

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

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