Amazing opportunity to own one of the largest lots on sought after Holiday Isle in Destin. This exceptional property boasts over 170 ft of canal frontage, nearly double most lots on The Isle. With 2 true deep water boat slips, one lift, a jet ski slip, plus additional day boat docking area, and still room to add a pool (permitting required). The sizable lot offers a rare canvas in one of Destin's most coveted waterfront neighborhoods, where lots of this scale and frontage almost never come to market. The existing 3-bedroom home with 2 bonus rooms and over 2,700 sq ft of decking overlooking the canal is a classic coastal cottage ready for your vision. Update it, reimagine it, or start from scratch. The bones are here but the real value is the land, the water, and the location.
Sold for $1,375,000
$1,375,000
500 Vera Cruz Dr, Destin, FL 32541
3beds
2,720sqft
Single Family Residence
Built in 1978
0.34 Acres Lot
$1,545,400 Zestimate®
$506/sqft
$3,984 Estimated rent
Home value
$1,545,400
$1.47M - $1.62M
$3,984/mo
Zestimate® history
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List your homeWhat's special
Classic coastal cottageJet ski slipOne liftSizable lot
Zillow last checked:
Listing updated:
Listed by:
Avery Carl,
EXP Realty LLC
Bought with:
Avery Carl, 3463788
EXP Realty LLC
Source: ECAOR,MLS#: 1000442
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Second
- Area: 172.5 Square Feet
- Dimensions: 15 x 11.5
Bedroom
- Level: Second
- Area: 161 Square Feet
- Dimensions: 14 x 11.5
Bedroom
- Level: Second
- Area: 132.25 Square Feet
- Dimensions: 11.5 x 11.5
Bedroom
- Level: First
- Area: 201.5 Square Feet
- Dimensions: 15.5 x 13
Bedroom
- Level: First
- Area: 152.25 Square Feet
- Dimensions: 14.5 x 10.5
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
Features
- Breakfast Bar, Cathedral Ceiling(s), Vaulted Ceiling(s), Newly Painted, Pantry
- Basement: Finished
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,720
- Total interior livable area: 2,720 sqft
Property
Parking
- Parking features: Garage Door Opener, Boat, Covered
- Has attached garage: Yes
Accessibility
- Accessibility features: Handicap Provisions
Features
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: Balcony, Boat Slip, Boatlift, Dock
- Has view: Yes
- View description: Canal, Gulf, Harbor
- Has water view: Yes
- Water view: Canal,Gulf,Harbor
- Waterfront features: Canal Access
Lot
- Size: 0.34 Acres
- Dimensions: 170 x 143 x 50 x 116
- Features: Corner Lot, Cul-De-Sac, Dead End, Within 1/2 Mile to Water
Details
- Parcel number: 002S242186000F0770
- Zoning description: City, Deed Restrictions
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- Construction Complete,Needs Work
- New construction: No
- Year built: 1978
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Beach
- Security: Smoke Detector(s)
- Subdivision: HOLIDAY ISLE
Location
- Region: Destin
Financial & listing details
- Price per square foot: $506/sqft
- Tax assessed value: $1,324,588
- Annual tax amount: $5,602
- Date on market: 4/12/2026
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Sold | $1,375,000-14.1%$506/sqft |
Source:  ECAOR #1000442 Report a problem | ||
| 4/21/2026 | Pending sale | $1,600,000$588/sqft |
Source: ECAOR #1000442 Report a problem | ||
| 4/12/2026 | Listed for sale | $1,600,000-20%$588/sqft |
Source: ECAOR #1000442 Report a problem | ||
| 9/6/2022 | Listing removed | -- |
Source: ECAOR #901612 Report a problem | ||
| 6/20/2022 | Listed for sale | $1,999,900$735/sqft |
Source: ECAOR #901612 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,052 +3% | $550,072 +2.9% |
| 2024 | $5,875 +2.4% | $534,569 +3% |
| 2023 | $5,740 +2.3% | $518,999 +3% |
| 2022 | $5,609 +0.1% | $503,883 +3% |
| 2021 | $5,603 +0.7% | $489,207 +1.4% |
| 2020 | $5,562 +1.1% | $482,453 +2.3% |
| 2019 | $5,503 +0.8% | $471,606 +1.9% |
| 2018 | $5,460 | $462,813 +2.1% |
| 2017 | $5,460 +0.4% | $453,294 +2.1% |
| 2016 | $5,435 +2.7% | $443,971 +0.7% |
| 2015 | $5,290 -2.3% | $440,885 -2.4% |
| 2014 | $5,415 | $451,592 +1.5% |
| 2013 | -- | $444,918 0% |
| 2012 | -- | $444,989 -4.1% |
| 2011 | -- | $463,978 -11.5% |
| 2010 | -- | $524,421 -6% |
| 2009 | -- | $557,752 -18.1% |
| 2008 | -- | $680,907 -43.9% |
| 2007 | -- | $1,213,760 -0.1% |
| 2006 | -- | $1,215,234 +15.3% |
| 2005 | -- | $1,054,143 +88.4% |
| 2004 | -- | $559,485 +27.7% |
| 2003 | -- | $438,273 +15.5% |
| 2002 | -- | $379,456 +2.4% |
| 2001 | -- | $370,551 |
Find assessor info on the county website
Neighborhood: 32541
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Nearby schools
GreatSchools rating
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 1.1 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 4.5 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 8.6 mi
Schools provided by the listing agent
- Elementary: Destin
- Middle: Destin
- High: Fort Walton Beach
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
- 500 Vera Cruz Dr
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