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Lot/land
  • $2,425,000

    4505 Sawgrass Way, Destin, FL 32541

    --beds
    0baths
    0.48Acres
    Unimproved Land
    Built in ----
    0.48 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rare bay front homesiteNatural beautyLush landscapingSerene nature-rich environment
    Rare Bay front homesite in Kelly Plantation - A Once-in-a-Lifetime Opportunity! We are proud to present one of the last remaining Bay front homesites from the original Kelly Plantation master plan--located within one of Destin's most prestigious gated golf and tennis communities. This is the one of the last available waterfront lots ideally positioned on a quiet cul-de-sac along Sawgrass Way and surrounded by beautifully crafted luxury homes. This exceptional property offers breathtaking, unobstructed views of the Choctawhatchee Bay without interference from the Mid-Bay Bridge. It provides the perfect canvas to design and build your custom dream home, tailored entirely to your vision and lifestyle. With 102 feet of direct Bay frontage, the homesite can accommodate a substantial estate residence in the range of 4,000 to 6,500 square feet (subject to HOA guidelines). A new vinyl seawall, that is currently being completed by a licensed marine contractor at a cost of approximately $50,000, further enhances the property's value and readiness for development. Kelly Plantation is renowned for its lush landscaping, natural beauty, and world-class amenities, including: * A neoclassical-style clubhouse * A 18-hole championship golf course * Resort-style swimming pool and fitness center * Five tennis courts * Four pickle ball courts * Scenic walking and biking trails, parks, and bay front boardwalks Residents enjoy 24-hour gated security and a serene, nature-rich environment, all while being conveniently located in the heart of Destin. The community offers direct access to the bay, perfect for boating, kayaking, fishing, and dolphin watching. Just across Highway 98, you'll find Destin's famous emerald-green waters and white sandy beaches,along with premier shopping, dining and entertainment at nearby Destin Commons. The airport is also just a short drive away, making travel effortless. Opportunities like this are exceptionally rare. Secure your place in one of Destin's most sought-after communities and create a legacy waterfront home that will be treasured for generations.
    110 days
    |
    161
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary A Stephens 850-974-2709,

    The Mary Stephens Team,

    Greg Bahr 850-960-5489,

    The Mary Stephens Team

    Source: ECAOR,MLS#: 998586MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Features
      • Has view: Yes
      • View description: Bay, Bayou
      • Has water view: Yes
      • Water view: Bay,Bayou
      • Waterfront features: Bay, Seawall
      Lot
      • Size: 0.48 Acres
      • Dimensions: 102.04'' Bay front x 185.11' x 199.19' x 103.55''
      • Features: Coastal Setback, Covenants, Cul-De-Sac, Flood Insurance Req, Interior Lot, Level, Restrictions, Survey Available, Within 1/2 Mile to Water, Wooded
      Details
      • Parcel number: 002S221356000J0030
      • Zoning description: Deed Restrictions, Resid Single Family

      Utilities & green energy

      • Water: Public
      • Utilities for property: Natural Gas Available

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Fitness Center, Fishing, Gated, Golf, Handball, Short Term Rental - Not Allowed, Pavillion/Gazebo, Playground, Pool, Tennis Court(s), Waterfront, Pickleball
      • Subdivision: KELLY PLANTATION S/D PH 2 , Lot 3 Blk J
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Legal, Licenses/Permits, Management, Utilities, Recreational Faclty, Security, Services, Supplies
      Location
      • Region: Destin

      Financial & listing details

      • Tax assessed value: $973,824
      • Annual tax amount: $10,027
      • Date on market: 3/21/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,004/mo

        Price history

        DateEventPrice
        3/21/2026Listed for sale$2,425,000+86.6%
        Source: ECAOR #998586 Report a problem
        9/27/2023Listing removed--
        Source: ECAOR #932757 Report a problem
        9/23/2023Pending sale$1,299,900
        Source: ECAOR #932757 Report a problem
        9/22/2023Listed for sale$1,299,900-23.3%
        Source: ECAOR #932757 Report a problem
        4/15/2022Listing removed--
        Source: ECAOR #849103 Report a problem
        11/18/2021Listing removed$1,695,000+13.4%
        Source: ECAOR #849103 Report a problem
        3/23/2021Price change$1,495,000+17.3%
        Source: ECAOR #849103 Report a problem
        6/21/2020Listed for sale$1,275,000+24.4%
        Source: Coldwell Banker Residential Re #849103 Report a problem
        9/30/2004Sold$1,025,000+34.9%
        Source: Public Record Report a problem
        2/6/2004Sold$760,000+33.9%
        Source: Public Record Report a problem
        4/11/2002Sold$567,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$9,414 +3.1%$810,504 -16.8%
        2023$9,131 +11.9%$973,823 +15.5%
        2022$8,157 +20.7%$843,137 +38.5%
        2021$6,761 +3.9%$608,944 +4.7%
        2020$6,509 +6%$581,400 +7.6%
        2019$6,141 +0.6%$540,220 +2%
        2018$6,104 $529,627 +7%
        2017$6,104 +4.9%$494,979 +8%
        2016$5,818 +8.7%$458,315 +6%
        2015$5,350 +2.7%$432,372 -0.3%
        2014$5,209 $433,456 0%
        2013-- $433,500 +2%
        2012-- $425,018 -5%
        2011-- $447,388 -10%
        2010-- $497,090 -25%
        2009-- $663,000 -18.8%
        2008-- $816,000
        2007-- $816,000
        2006-- $816,000 +33.3%
        2005-- $612,000 +32%
        2004-- $463,590 +26.3%
        2003-- $367,200 +10.3%
        2002-- $332,928 +2%
        2001-- $326,400

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32541

        Getting around

        0 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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