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Sold for $4,000,000
  • $4,000,000

    408 Kelly Plantation Dr Ph 12, Destin, FL 32541

    3beds
    6,800sqft
    Condo
    Built in 2007
    -- sqft lot
    $4,019,700 Zestimate®
    $588/sqft
    $6,820 Estimated rent

    Home value

    $4,019,700

    $3.66M - $4.42M

    $6,820/mo

    Zestimate® history
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    $6,820/mo

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    $6,820/mo

    Rent Zestimate®

    Refinance and save

    $26,733/mo

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    $26,733/mo

    Est. payment

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    What's special

    Be prepared to be WOWED! The very definition of modern luxury at One Water Place in desirable, gated Kelly Plantation and quite possibly the most exquisite penthouse on the Gulf Coast, carefully designed and finely appointed, with absolutely no detail overlooked. Modern yet warm elegance, with clean lines and architectural features and a spacious, open floor plan is perfect for family and entertaining with a large great room, see through fireplace and adjoining open piano stage. The open concept living area features the popular Castleton floor plan oval living room with the signature wrap around balcony and summer kitchen, a gourmet kitchen that any chef would envy with quartz counters, large center island, abundant quiet close custom cabinetry, large walk-in pantry,

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 6,800 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water, City
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 002S2213260000PH12

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Other
    Condition
    • Year built: 2007

    Community & HOA

    Community
    • Features: Fitness Center, Fifty Five Plus Active Community
    • Senior community: Yes
    HOA
    • Has HOA: Yes
    • HOA fee: $1,595 monthly
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $588/sqft
    • Tax assessed value: $3,500,000
    • Annual tax amount: $33,418

    Price history

    DateEventPrice
    10/16/2025Sold$4,000,000+48.1%$588/sqft
    Source: Public Record Report a problem
    5/23/2018Sold$2,700,000-8.5%$397/sqft
    Source: Public Record Report a problem
    5/15/2018Listed for sale$2,950,000$434/sqft
    Source: Coldwell Banker Residential Real Estate - Destin / 30A #781913 Report a problem
    5/15/2018Pending sale$2,950,000$434/sqft
    Source: Coldwell Banker Residential Real Estate - Destin / 30A #781913 Report a problem
    8/22/2017Listed for sale$2,950,000+118.5%$434/sqft
    Source: Coldwell Banker Residential Real Estate - Destin / 30A #781913 Report a problem
    4/2/2013Sold$1,350,000$199/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$33,418 +22.1%$2,832,500 +10%
    2023$27,373 +8.7%$2,575,000 +9.8%
    2022$25,173 +0.8%$2,345,000 +4.2%
    2021$24,980 +3.8%$2,250,000 +4.7%
    2020$24,071 -1.5%$2,150,000
    2019$24,442 +26.6%$2,150,000 +25.7%
    2018$19,301 $1,711,000
    2017$19,301 -2%$1,711,000
    2016$19,687 +0.6%$1,711,000 +74.9%
    2015$19,562 +68.1%$978,000 +13.6%
    2014$11,634 $861,000 +8%
    2013-- $797,400 +3%
    2012-- $774,000
    2011-- $774,000 -5.1%
    2010-- $816,000 +63.2%
    2009-- $500,000
    2008-- $500,000
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $4,019,700
    2% more
    +$80,394
    With Zillow Showcase(estimated)
    $4,100,094