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,
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
Owner options
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$6,820/mo
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$6,820/mo
Rent Zestimate®
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$26,733/mo
Est. payment
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$26,733/mo
Est. payment
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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
| Date | Event | Price |
|---|---|---|
| 10/16/2025 | Sold | $4,000,000+48.1%$588/sqft |
Source: Public Record Report a problem | ||
| 5/23/2018 | Sold | $2,700,000-8.5%$397/sqft |
Source: Public Record Report a problem | ||
| 5/15/2018 | Listed for sale | $2,950,000$434/sqft |
Source: Coldwell Banker Residential Real Estate - Destin / 30A #781913 Report a problem | ||
| 5/15/2018 | Pending sale | $2,950,000$434/sqft |
Source: Coldwell Banker Residential Real Estate - Destin / 30A #781913 Report a problem | ||
| 8/22/2017 | Listed for sale | $2,950,000+118.5%$434/sqft |
Source: Coldwell Banker Residential Real Estate - Destin / 30A #781913 Report a problem | ||
| 4/2/2013 | Sold | $1,350,000$199/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 homes
- $1,074,0002 bd3 ba2.5k sqft408 Kelly Plantation Dr UNIT 1009, Destin, FL 32541Off Market
- $950,0002 bd3 ba2.5k sqft408 Kelly Plantation Dr UNIT 709, Destin, FL 32541Off Market

- $829,8002 bd3 ba2.5k sqft408 Kelly Plantation Dr PH 10, Destin, FL 32541Off Market
- $1,600,0003 bd4 ba3.2k sqft408 Kelly Plantation Dr UNIT 1111, Destin, FL 32541Sold

- $1,195,0002 bd3 ba2.5k sqft408 Kelly Plantation Dr UNIT 409, Destin, FL 32541For Sale
- $950,0003 bd3 ba2.6k sqft408 Kelly Plantation Dr UNIT 410, Destin, FL 32541For Sale
- $960,0002 bd3 ba2.5k sqft408 Kelly Plantation Dr UNIT 609, Destin, FL 32541Sold
- $960,0002 bd3 ba2.5k sqft408 Kelly Plantation Dr UNIT 309, Destin, FL 32541Sold
Nearby schools
GreatSchools rating
- 9/10Destin Middle SchoolGrades: 5-8Distance: 0.2 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 12.6 mi
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 3.8 mi
Sell for more on Zillow
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$4,019,700
2% more
+$80,394
With Zillow Showcase(estimated)
$4,100,094
- Florida
- Okaloosa County
- Destin
- 32541
- 408 Kelly Plantation Dr Ph 12