9 days on rocket

620 Magnolia Dr, Destin, FL, 32541

$6,500,000

6 Bedrooms
5 Full Baths
4,649 SqFt
$1,398/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingBoat, Covered, Golf Cart Covered, Golf Cart Enclosed, Guest, Oversized, See Remarks, Other
Attached GarageYes
Year Built1971
HeatingCentral
CoolingCentral Air
WaterfrontCanal
ViewGulf, Canal
Private PoolYes
MLS #948211
Lot Size0.61 Acres
StatusActive

About 620 Magnolia Dr

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 deck pavilion, 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 Isles 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 beautiful 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 great 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 beautiful accent lighting, all enjoying a very 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1971
  • Stories: 2
  • Living Area: 4,649 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, Refrigerator, Range, Washer
  • Interior: Guest Quarters, Renovated, Media Room, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Gulf, Canal
  • Exterior: 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

Parking Information:

  • Attached Garage: Yes
  • Parking: Boat, Covered, Golf Cart Covered, Golf Cart Enclosed, Guest, Oversized, See Remarks, Other

Lot Features

Lot Information:

  • Lot: Seawall, Covenant/Restriction, Sidewalk, Within 1/2 Mile to Water, See Remarks
  • Lot Size: 0.61 Acres

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: 620 Magnolia Drive, Destin, FL 32541

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000
  • Price Per SqFt: $1,398/SqFt

HOA Fees:

  • Amount: $475
  • Frequency: Annually

Tax Information:

  • Annual Amount: $11,137
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$658.1K

Med. Price/SqFt

$408

Avg. Days On Market

85

# of Sold Homes

48

620 Magnolia Dr vs Destin

9 DAYS ON ROCKET

-76 Days

$6,500,000

+$5.8M More

$1,398/SqFt

+$990 More

KEY TAKEAWAY

This property is $5.8M more than the Median Sold Price and $990/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: #948211

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: 5/4/2024, 11:20:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 08, 2013Home Sold
$580,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,137$928,025
2018$9,377$767,912
2017$8,675$701,178

History based on county public records data.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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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-5912919
8
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.12 miles

  • Public District Grades PK-4

Middle School

school-card-donut-5912920
7
/10
  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 4.09 miles

  • Public District Grades 5-8

school-card-donut-5912921
10
/10
  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 6.91 miles

  • Public District Grades 3-8

High School

school-card-donut-5912922
6
/10
  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 9.20 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. Most Destin, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 620 Magnolia Dr

What is the listing price of this property?

The listing price of 620 Magnolia Dr property is $6,500,000.

What type of property is this?

The property 620 Magnolia Dr is a house located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 620 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 620 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 $11,137 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 8, 2013 for $580,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 620 Magnolia Dr has 6 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 620 Magnolia Dr is 4,649 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 620 Magnolia Dr is 1971.
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Rocket HomesFloridaOkaloosa CountyDestin32541620 Magnolia Dr

This home is located at 620 Magnolia Dr in Destin, FL and zip code 32541. This 4,649 square foot home, which was built in 1971, sits on a 0.61 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $6,500,000.

In April 2024, from all listings sold in Destin, FL there were more than 7 sold above asking price, over 34 sold below and more than 7 were sold right at the asked price. The number of listings in Destin, FL increased by 5.2% between March 2024 and April 2024. The median list price of listings available in April 2024 was $658,185, while the average time on the real estate market was 85 days.

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

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