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Foreclosure
  • $3,125,000

    4782 Ocean Blvd, Destin, FL 32541

    7beds
    5,595sqft
    Single Family Residence
    Built in 2012
    6,098 Square Feet Lot
    $2,908,700 Zestimate®
    $559/sqft
    $-- HOA

    What's special

    Two dedicated bunk roomsHome movie roomLarge balconiesBilliard roomFoosball area
    Excellent REO opportunity to own an extraordinary coastal estate located within Destiny by the Sea, one of Destin's most exclusive 24/7 secured, gated communities. For that savvy investor looking for a short-term rental, this expansive home sleeps 24 and offers a proven footprint for high-capacity guest stays. The property features 7 bedrooms, 7.5 bathrooms, and 5,595 sq ft of living space, highlighted by large balconies and a private saltwater pool with a waterfall feature. The highly functional layout includes a large open kitchen with island seating, an elevator, two dedicated bunk rooms, a home movie room, a billiard room, and a foosball area. Located just a short walk from the luxurious community pool and private beach access, this property is being sold as-is, where-is. Buyer to verify all dimensions, square footage, HOA rules, and rental regulations.
    23 days
    |
    2,361
    |
    82
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Cosmo M Spellings 850-699-1856,

    Assurance Realty of NWFL LLC

    Source: ECAOR,MLS#: 1005882MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 8
      • Full bathrooms: 7
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Third
      • Area: 368 Square Feet
      • Dimensions: 23 x 16
      Bedroom
      • Level: First
      • Area: 120 Square Feet
      • Dimensions: 12 x 10
      Bedroom
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 9 x 16
      Bedroom
      • Level: Second
      • Area: 208 Square Feet
      • Dimensions: 13 x 16
      Bedroom
      • Level: Second
      • Area: 196 Square Feet
      • Dimensions: 14 x 14
      Bedroom
      • Level: Third
      • Area: 238 Square Feet
      • Dimensions: 17 x 14
      Bedroom
      • Level: Third
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Dining area
      • Level: Second
      • Area: 228 Square Feet
      • Dimensions: 12 x 19
      Garage
      • Level: First
      • Area: 484 Square Feet
      • Dimensions: 22 x 22
      Other
      • Level: First
      • Area: 240 Square Feet
      • Dimensions: 15 x 16
      Kitchen
      • Level: Second
      • Area: 209 Square Feet
      • Dimensions: 11 x 19
      Library
      • Level: Third
      • Area: 90 Square Feet
      • Dimensions: 10 x 9
      Living room
      • Level: Second
      • Area: 483 Square Feet
      • Dimensions: 23 x 21
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Double Oven, Washer
      • Laundry: Washer/Dryer Hookup
      Features
      • Breakfast Bar, Bookcases, Crown Molding, Tray Ceiling(s), Kitchen Island, Woodwork Painted, Elevator
      • Flooring: Hardwood, Tile
      • Windows: Double Pane Windows, Plantation Shutters, Window Treatments
      • Has fireplace: Yes
      • Fireplace features: Gas, Fireplace 2+
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 5,595
      • Total interior livable area: 5,595 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Stories: 3
      • Patio & porch: Covered
      • Exterior features: Balcony, Outdoor Kitchen
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Gunite
      • Fencing: Partial
      • On waterfront: Yes
      Lot
      • Size: 6,098 Square Feet
      • Features: Covenants, Irregular Lot, Restrictions, Sidewalk, Within 1/2 Mile to Water
      Details
      • Parcel number: 002S2200750000077A
      • Zoning description: Resid Single Family
      • Special conditions: Real Estate Owned

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mediterranean
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Slate
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2012

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Beach, Fitness Center, Gated, Pool, Waterfront, Short Term Rental - Allowed
      • Security: Smoke Detector(s)
      • Subdivision: DESTINY BY THE SEA S/D
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Land Recreation, Recreational Faclty, Security
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $559/sqft
      • Tax assessed value: $3,064,542
      • Annual tax amount: $35,927
      • Date on market: 6/20/2026
      • Road surface type: Paved

        Foreclosure details

        Estimated market value

        $2,908,700

        $2.76M - $3.05M

        $4,609/mo

        Price history

        DateEventPrice
        12/1/2025Listing removed$2,999,999$536/sqft
        Source: BHHS broker feed #976564 Report a problem
        8/23/2025Price change$2,999,999-2.4%$536/sqft
        Source: ECAOR #976564 Report a problem
        8/14/2025Price change$3,075,000-2.4%$550/sqft
        Source: ECAOR #976564 Report a problem
        7/18/2025Price change$3,150,000-1.5%$563/sqft
        Source: ECAOR #976564 Report a problem
        6/27/2025Price change$3,199,000-1.6%$572/sqft
        Source: ECAOR #976564 Report a problem
        6/20/2025Price change$3,250,000-1.4%$581/sqft
        Source: ECAOR #976564 Report a problem
        6/5/2025Price change$3,295,000-2.9%$589/sqft
        Source: ECAOR #976564 Report a problem
        5/29/2025Price change$3,395,000-0.1%$607/sqft
        Source: ECAOR #976564 Report a problem
        5/17/2025Price change$3,400,000-2.8%$608/sqft
        Source: ECAOR #976564 Report a problem
        5/9/2025Price change$3,499,000-0.7%$625/sqft
        Source: ECAOR #970635 Report a problem
        4/18/2025Price change$3,525,000-0.4%$630/sqft
        Source: ECAOR #970635 Report a problem
        4/11/2025Price change$3,540,000-0.3%$633/sqft
        Source: ECAOR #970635 Report a problem
        3/9/2025Listed for sale$3,550,000+1.4%$634/sqft
        Source: ECAOR #970635 Report a problem
        9/13/2024Listing removed$3,500,000$626/sqft
        Source: CPAR #751779 Report a problem
        7/2/2024Price change$3,500,000-5.4%$626/sqft
        Source: CPAR #751779 Report a problem
        5/28/2024Price change$3,699,999-4.5%$661/sqft
        Source: ECAOR #940713 Report a problem
        4/25/2024Price change$3,875,000-0.9%$693/sqft
        Source: ECAOR #940713 Report a problem
        4/9/2024Price change$3,910,000-2.2%$699/sqft
        Source: CPAR #751779 Report a problem
        2/20/2024Price change$3,999,999-4.8%$715/sqft
        Source: CPAR #751779 Report a problem
        1/24/2024Listed for sale$4,200,000+10.5%$751/sqft
        Source: ECAOR #940713 Report a problem
        7/12/2022Sold$3,800,000$679/sqft
        Source: ECAOR #901062 Report a problem
        6/14/2022Pending sale$3,800,000+34.3%$679/sqft
        Source: ECAOR #901062 Report a problem
        7/15/2021Sold$2,829,900$506/sqft
        Source: Public Record Report a problem
        5/25/2021Pending sale$2,829,900$506/sqft
        Source: ECAOR #866196 Report a problem
        5/12/2021Price change$2,829,900+4.8%$506/sqft
        Source: ECAOR #866196 Report a problem
        3/15/2021Pending sale$2,699,000+558.3%$482/sqft
        Source: ECAOR #866196 Report a problem
        6/30/2010Sold$410,000$73/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$35,927 +10%$3,006,207 +10%
        2023$32,648 +20.4%$2,732,915 +21.5%
        2022$27,110 +41.5%$2,249,585 +45.8%
        2021$19,164 +7.8%$1,543,180 +8.6%
        2020$17,778 +1.3%$1,420,852 +2.6%
        2019$17,558 -1.2%$1,384,197 +0%
        2018$17,773 $1,384,155 +7.8%
        2017$17,773 +5.9%$1,283,799 +3.6%
        2016$16,778 +4.2%$1,239,456 +2.8%
        2015$16,100 +0.8%$1,205,969 +9.1%
        2014$15,976 $1,105,486 +2.5%
        2013-- $1,078,215 +218.4%
        2012-- $338,584 -5%
        2011-- $356,404 -28%
        2010-- $495,000 -25%
        2009-- $660,000 -11.1%
        2008-- $742,500 -10%
        2007-- $825,000
        2006-- $825,000 +150%
        2005-- $330,000 +24.5%
        2004-- $265,125 +6%
        2003-- $250,000 +8.9%
        2002-- $229,500 +2%
        2001-- $225,000
        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

        31 / 100
        Car-Dependent
        37 / 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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