Back on the market due to no fault of the seller--offering a renewed opportunity to own one of Destin's most thoughtfully reimagined luxury residences. Welcome to One Water Place at Kelly Plantation--one of Destin's premier luxury condominium communities--where elevated design, exceptional craftsmanship, and panoramic views come together in a residence that feels more like a private coastal retreat than traditional condo living. Completely redesigned in 2021, this 3,008 sq ft residence was transformed to create an open-concept layout that maximizes natural light and captures sweeping views of the bay, golf course, lakes, fountains, pool, and unforgettable sunrise skies.The transformation is immediately apparent. Walls and columns were removed, ceilings were raised, and custom glass doors now frame a sophisticated living environment designed for effortless entertaining and everyday comfort. At the center of the home, the designer kitchen features a dramatic 12' x 14' quartz waterfall island, custom cabinetry, and a full Thermador appliance suite including induction cooktop, wall oven, speed oven/microwave, beverage center, dishwasher, and ice maker.
Luxury details continue throughout with a custom wet bar, two-sided linear gas fireplace, Lutron lighting system, programmable Hunter Douglas shades, California Closets, and beautifully appointed marble bathrooms. The primary suite offers a peaceful escape with spa-inspired finishes, a steam shower, and tranquil water views that make every morning feel elevated.
Outdoor living was designed with the same attention to detail. Both balconies have been upgraded with modern tile flooring, and one has been transformed into an outdoor entertaining space featuring a Blaze gas grill and refrigerator drawers--ideal for dining outdoors, hosting friends, or enjoying the coastal breeze and changing views throughout the day.
Located within the gated Kelly Plantation community, this residence also includes an oversized private storage room measuring approximately 12' x 14' on the garage level--a rare luxury for condominium living. Opportunities to own a fully renovated luxury condo in Destin with this scale, level of finish, open design, and panoramic views are uncommon.
For those looking for a lock-and-leave coastal residence without compromising on space, design, or lifestyle--this may be the one worth seeing in person.
Sold for $1,450,000
$1,450,000
404 Kelly Plantation Dr Unit 605, Destin, FL 32541
3beds
3,008sqft
Condominium
Built in 2007
-- sqft lot
$1,419,300 Zestimate®
$482/sqft
$4,988 Estimated rent
Home value
$1,419,300
$1.35M - $1.49M
$4,988/mo
Zestimate® history
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List your homeWhat's special
Golf course sceneryTwo-sided linear gas fireplacePanoramic water viewsUnforgettable sunrise morningsHigh-end finishesAiry sophisticated living spaceBlaze gas grill
Zillow last checked:
Listing updated:
Listed by:
Trey J Runnels 850-502-1681,
Coldwell Banker Realty,
Paige A Brown 850-830-9514,
Coldwell Banker Realty
Bought with:
Shay Dassa, 3199730
Dassa Realty LLC
Source: ECAOR,MLS#: 991032
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 289 Square Feet
- Dimensions: 17 x 17
Bedroom
- Level: First
- Area: 208 Square Feet
- Dimensions: 16 x 13
Bedroom
- Level: First
- Area: 156 Square Feet
- Dimensions: 13 x 12
Primary bathroom
- Level: First
- Area: 169 Square Feet
- Dimensions: 13 x 13
Bathroom
- Level: First
- Area: 49 Square Feet
- Dimensions: 7 x 7
Other
- Level: First
- Area: 280 Square Feet
- Dimensions: 20 x 14
Other
- Level: First
- Area: 120 Square Feet
- Dimensions: 12 x 10
Dining room
- Level: First
- Area: 168 Square Feet
- Dimensions: 14 x 12
Kitchen
- Level: First
- Area: 187 Square Feet
- Dimensions: 17 x 11
Living room
- Level: First
- Area: 442 Square Feet
- Dimensions: 26 x 17
Storage
- Level: First
- Area: 45 Square Feet
- Dimensions: 9 x 5
Heating
- Central, Natural Gas, Heat High Efficiency
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Washer, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, Crown Molding, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Newly Painted, Owner's Closet, Pantry, Shelving, Split Bedroom, Wet Bar
- Flooring: Hardwood, Tile
- Doors: Storm Door(s)
- Windows: Double Pane Windows, Window Treatments
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 3,008
- Total interior livable area: 3,008 sqft
Property
Parking
- Total spaces: 6
- Parking features: Guest, Garage, Covered
- Attached garage spaces: 2
Features
- Exterior features: Outdoor Grill, Balcony, Outdoor Kitchen
- Has view: Yes
- View description: Bay, Lake
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Bay, Lake Front
Details
- Additional structures: Stable(s)
- Parcel number: 002S22132500001205
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete, Stucco
- Foundation: Pillar/Post/Pier
- Roof: Flat,Membrane
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 2007
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Community Room, Dock, Dumpster, Elevators, Fitness Center, Fishing, Game Room, Gated, Golf, Short Term Rental - Not Allowed, Pavillion/Gazebo, Picnic Area, Playground, Pool, Sauna/Steam Room, Separate Storage, Tennis Court(s), Waterfront, Whirlpool, Pickleball
- Security: Fire Alarm
- Subdivision: ONE WATER PLACE AT KELLY PLANTATION
HOA
- Has HOA: Yes
- Services included: Electricity, Gas, Maintenance Grounds, Insurance, Land Recreation, Legal, Licenses/Permits, Management, Recreational Faclty, Maintenance Structure, Security, Sewer, Trash, Water
Location
- Region: Destin
Financial & listing details
- Price per square foot: $482/sqft
- Tax assessed value: $1,697,500
- Annual tax amount: $16,393
- Date on market: 1/19/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Sold | $1,450,000-3.3%$482/sqft |
Source:  ECAOR #991032 Report a problem | ||
| 6/17/2026 | Pending sale | $1,499,990$499/sqft |
Source: ECAOR #991032 Report a problem | ||
| 6/7/2026 | Price change | $1,499,990-3.2%$499/sqft |
Source: ECAOR #991032 Report a problem | ||
| 1/19/2026 | Listed for sale | $1,550,000$515/sqft |
Source: ECAOR #991032 Report a problem | ||
| 12/18/2025 | Listing removed | $1,550,000$515/sqft |
Source: ECAOR #991032 Report a problem | ||
| 12/9/2025 | Listed for sale | $1,550,000-4.6%$515/sqft |
Source: ECAOR #991032 Report a problem | ||
| 12/9/2025 | Listing removed | $1,625,000$540/sqft |
Source: ECAOR #982935 Report a problem | ||
| 8/12/2025 | Listed for sale | $1,625,000+1.6%$540/sqft |
Source: ECAOR #982935 Report a problem | ||
| 5/3/2023 | Sold | $1,600,000-3%$532/sqft |
Source: ECAOR #907556 Report a problem | ||
| 4/12/2023 | Pending sale | $1,649,000$548/sqft |
Source: ECAOR #907556 Report a problem | ||
| 3/27/2023 | Price change | $1,649,000-2.9%$548/sqft |
Source: ECAOR #907556 Report a problem | ||
| 2/23/2023 | Price change | $1,699,000-2.9%$565/sqft |
Source: ECAOR #907556 Report a problem | ||
| 9/7/2022 | Listed for sale | $1,749,000+110.7%$581/sqft |
Source: ECAOR #907556 Report a problem | ||
| 11/4/2020 | Sold | $830,000$276/sqft |
Source: ECAOR #858665 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,394 +21.1% | $1,413,775 +10% |
| 2024 | $13,534 | $1,285,250 +80.3% |
| 2023 | -- | $712,790 +3% |
| 2022 | -- | $692,029 +3% |
| 2021 | $6,997 +26.2% | $671,873 +26.4% |
| 2020 | $5,544 +0.9% | $531,736 +2.3% |
| 2019 | $5,496 +0.6% | $519,781 +1.9% |
| 2018 | $5,461 | $510,089 +2.1% |
| 2017 | $5,461 +0.2% | $499,597 +2.1% |
| 2016 | $5,449 +2.8% | $489,321 +0.7% |
| 2015 | $5,301 -2.4% | $485,920 +0.8% |
| 2014 | $5,433 | $482,063 +1.5% |
| 2013 | -- | $474,939 +1.7% |
| 2012 | -- | $467,000 -3.7% |
| 2011 | -- | $485,000 -4.5% |
| 2010 | -- | $508,000 -12.4% |
| 2009 | -- | $579,591 -13.5% |
| 2008 | -- | $670,000 |
Find assessor info on the county website
Neighborhood: 32541
Nearby homes
- $1,150,0003 bd3 ba3k sqft404 Kelly Plantation Dr UNIT 606, Destin, FL 32541Sold
- $1,549,0003 bd4 ba3.2k sqft404 Kelly Plantation Dr UNIT 1007, Destin, FL 32541For Sale
- $1,000,3002 bd3 ba2.5k sqft400 Kelly Plantation Drive #409, Destin, FL 32541Off Market
- $1,450,0003 bd3 ba3.2k sqft404 Kelly Plantation Dr UNIT 708, Destin, FL 32541Sold
- $1,500,0003 bd4 ba3.2k sqft404 Kelly Plantation Dr UNIT 707, Destin, FL 32541Sold
- $1,920,0003 bd4 ba3.2k sqft404 Kelly Plantation Dr #PENTHOUSE 7, Destin, FL 32541Sold
- $1,550,0003 bd3 ba3.2k sqft404 Kelly Plantation Dr UNIT 1207, Destin, FL 32541Sold
- $1,645,0002 bd3 ba3k sqft404 Kelly Plantation Dr UNIT 1606, Destin, FL 32541Sold
Nearby schools
GreatSchools rating
- 9/10Destin Middle SchoolGrades: 5-8Distance: 0.2 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 12.7 mi
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: Destin
- Middle: Destin
- High: Destin
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Okaloosa County
- Destin
- 32541
- 404 Kelly Plantation Dr Unit 605
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