Rarely does a home of this caliber become available in Destiny By The Sea. Perfectly positioned just three homes from the sugar-white sands and emerald waters of the Gulf, this exceptional 5-bedroom, 4.5-bath residence offers 2,814 square feet of beautifully maintained living space within one of Destin's most prestigious guard-gated beachfront communities.
28 Varazze Cay has been lovingly maintained as a lightly used private second home and every detail reflects an extraordinary level of pride of ownership. This is a home that has been meticulously cared for, thoughtfully updated, and preserved in truly exceptional condition.
Designed for effortless coastal living, the spacious three-level floor plan offers an ideal balance of elegance and functionality. The main living level features soaring ceilings, beautiful stone flooring, an inviting living area, and an open-concept design that flows seamlessly into the dining area and well-appointed kitchen. Complete with quartz countertops, abundant cabinetry, a large breakfast bar, and a charming breakfast nook, the kitchen is equally suited for entertaining or everyday living. A highly desirable main-level guest bedroom adds convenience and flexibility, while the remaining bedrooms provide generous accommodations for family and guests. Multiple covered balconies invite you to enjoy the Gulf breeze, with peekaboo Gulf views from the upper level providing the perfect backdrop for morning coffee or spectacular sunsets.
Beyond its timeless design, this home has received an impressive list of recent improvements that set it apart from the competition. Major updates include a new tile roof (2025) with a 10-year transferable workmanship warranty, new exterior doors, new blinds, a new garage door and opener, freshly painted exterior (July 2026), and a new ice machine. The high-efficiency Carrier variable-speed HVAC system has been professionally serviced twice annually, with the exterior unit replaced approximately three years ago and protected with a specialized coastal coating for enhanced durability. Regular pest control and termite prevention treatments further reflect the owner's unwavering commitment to preventative maintenance and long-term care.
Residents of Destiny By The Sea enjoy an unmatched coastal lifestyle with 24-hour guarded gate security, private deeded beach access boardwalk, a resort-style community pool, hot tub and beautifully landscaped grounds - all just steps from one of the Emerald Coast's most spectacular stretches of beach.
Ideally located along Scenic Gulf Drive, you'll be minutes from Destin's finest dining, championship golf, boating, world-class fishing, Destin Commons, Grand Boulevard, Baytowne Wharf, HarborWalk Village, and Silver Sands Premium Outlets.
Whether you're searching for an exceptional primary residence, an exclusive coastal retreat, or a premier investment in one of Destin's most coveted beachfront communities, 28 Varazze Cay presents a truly rare opportunity. Homes this close to the beach are always in demand - but finding one that has been extensively updated and maintained to such exacting standards is exceptionally uncommon. Buyer to verify all information.
For sale
$1,945,000
28 Varazze Cay, Destin, FL 32541
5beds
2,814sqft
Single Family Residence
Built in 2004
4,356 Square Feet Lot
$-- Zestimate®
$691/sqft
$-- HOA
What's special
New blindsHot tubLarge breakfast barQuartz countertopsCharming breakfast nookResort-style community poolBeautifully landscaped grounds
- 76 days
- 403
- 8
Zillow last checked:
Listing updated:
Listed by:
At The Beach Team 850-654-3325,
Keller Williams Realty Destin,
Martin Luus 850-296-7011,
Keller Williams Realty Destin
Source: ECAOR,MLS#: 1008561
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 240 Square Feet
- Dimensions: 20 x 12
Bedroom
- Level: First
- Area: 168 Square Feet
- Dimensions: 14 x 12
Bedroom
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom
- Level: Second
- Area: 168 Square Feet
- Dimensions: 14 x 12
Bedroom
- Level: Third
- Area: 196 Square Feet
- Dimensions: 14 x 14
Breakfast room
- Level: First
- Area: 40 Square Feet
- Dimensions: 8 x 5
Dining area
- Level: First
- Area: 192 Square Feet
- Dimensions: 16 x 12
Kitchen
- Level: First
- Area: 168 Square Feet
- Dimensions: 14 x 12
Living room
- Level: First
- Area: 320 Square Feet
- Dimensions: 20 x 16
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, Vaulted Ceiling(s), Recessed Lighting, Owner's Closet, Split Bedroom, Woodwork Painted
- Flooring: Tile, Carpet
- Windows: Double Pane Windows, Window Treatments
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,814
- Total interior livable area: 2,814 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage Door Opener
- Attached garage spaces: 1
Features
- Stories: 3
- Patio & porch: Covered
- Exterior features: Balcony, Sprinkler System
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Size: 4,356 Square Feet
- Dimensions: 90 x 48
- Features: Within 1/2 Mile to Water
Details
- Parcel number: 002S22007500000570
- Zoning description: Deed Restrictions, Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Caribbean
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Foundation: Slab
- Roof: Slate
Condition
- Construction Complete
- New construction: No
- Year built: 2004
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Beach, Gated, Pool, Short Term Rental - Allowed
- Subdivision: DESTINY BY THE SEA
HOA
- Has HOA: Yes
- Services included: Legal, Licenses/Permits, Management, Utilities, Recreational Faclty
Location
- Region: Destin
Financial & listing details
- Price per square foot: $691/sqft
- Tax assessed value: $1,547,028
- Annual tax amount: $16,677
- Date on market: 7/27/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Listed for sale | $1,945,000+164.6%$691/sqft |
Source: | ||
| 6/3/2011 | Sold | $735,000$261/sqft |
Source: Public Record Report a problem | ||
| 3/24/2011 | Listed for sale | $735,000-47.5%$261/sqft |
Source: RE/MAX Southern Realty #524718 Report a problem | ||
| 10/16/2009 | Listing removed | $1,399,000$497/sqft |
Source: DESTIN REAL ESTATE COMPANY #524718 Report a problem | ||
| 10/3/2009 | Listed for sale | $1,399,000-22.3%$497/sqft |
Source: DESTIN REAL ESTATE COMPANY #524718 Report a problem | ||
| 1/10/2009 | Listing removed | $1,800,000$640/sqft |
Source: iHOUSEWeb Solutions, Inc #472496 Report a problem | ||
| 12/10/2008 | Listed for sale | $1,800,000+7.5%$640/sqft |
Source: iHOUSEWeb Solutions, Inc #472496 Report a problem | ||
| 1/31/2005 | Sold | $1,675,000+67.5%$595/sqft |
Source: Public Record Report a problem | ||
| 7/27/2004 | Sold | $1,000,000+308.2%$355/sqft |
Source: Public Record Report a problem | ||
| 10/3/2002 | Sold | $245,000$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,678 +1% | $1,292,745 +10% |
| 2024 | $16,513 +15.2% | $1,175,223 -13.3% |
| 2023 | $14,333 +14.9% | $1,355,044 +22.2% |
| 2022 | $12,472 +13.7% | $1,108,747 +25.6% |
| 2021 | $10,965 +5.9% | $882,963 +6.7% |
| 2020 | $10,351 +0.4% | $827,304 +1.8% |
| 2019 | $10,313 -0.5% | $813,015 +0.7% |
| 2018 | $10,367 | $807,330 +4.9% |
| 2017 | $10,367 +3% | $769,753 +3% |
| 2016 | $10,060 +3.7% | $747,022 +4% |
| 2015 | $9,703 +1.9% | $718,525 +8% |
| 2014 | $9,519 | $665,143 +3.6% |
| 2013 | -- | $642,051 -5.3% |
| 2012 | -- | $678,314 -5.4% |
| 2011 | -- | $716,958 -11.4% |
| 2010 | -- | $808,973 -18.3% |
| 2009 | -- | $989,841 -16.2% |
| 2008 | -- | $1,180,987 -10.3% |
| 2007 | -- | $1,317,328 -1.8% |
| 2006 | -- | $1,341,304 +69.3% |
| 2005 | -- | $792,457 +273.6% |
| 2004 | -- | $212,100 +11.6% |
| 2003 | -- | $190,000 +2.7% |
| 2002 | -- | $185,000 +2.8% |
| 2001 | -- | $180,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32541
Nearby schools
Schools provided by the listing agent
- Elementary: Destin
- Middle: Destin
- High: Fort Walton Beach
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








