Beautifully renovated house near the beach in Destiny East. No details were spared in the construction of the house, it features concrete walls, steel rafters, steel floor and ceiling joists, which help reduce insurance costs. The home comes fully furnished and rental ready. This home features elegant but casual living with various entertainment areas, a 24 x 24 separate balcony deck, a heated pool, a wet bar and much more. The neighborhood association has a fitness facility, two tennis courts, two swimming pools, a media room and a meeting area. This gorgeous house has also become a popular rental because of the decor, the amenities it offers and the proximity to the beach. New roof installed in 2017. Tankless water heater and new pool heater installed in 2024. The house is known on the rental market as Ocean Effect and has a 4.95 rental rating. This is the investment property that you have been looking for, great location (at the East entrance of the neighborhood), professionally upgraded and decorated interiors, offers lots of entertainment and has a proven rental record and high rental ratings from guests. Do not miss your chance to purchase Ocean Effect!
Sold for $1,385,000
$1,385,000
51 Tranquility Ln, Destin, FL 32541
3beds
2,545sqft
Single Family Residence
Built in 1998
0.26 Acres Lot
$1,381,700 Zestimate®
$544/sqft
$5,096 Estimated rent
Home value
$1,381,700
$1.31M - $1.45M
$5,096/mo
Zestimate® history
Owner options
List your home for rent
$5,096/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$5,096/mo
Rent Zestimate®
Refinance and save
$8,896/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$8,896/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Beautifully renovated houseHeated poolWet barTankless water heaterOffers lots of entertainmentSteel raftersVarious entertainment areas
Zillow last checked:
Listing updated:
Listed by:
Luis F Espinel 504-723-0939,
Southern Luxury Realty
Bought with:
Sylvia Ignas, 3383697
LPT Realty LLC
Source: ECAOR,MLS#: 983772
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Primary bedroom
- Level: Second
- Area: 300 Square Feet
- Dimensions: 20 x 15
Bedroom
- Level: First
- Area: 168 Square Feet
- Dimensions: 14 x 12
Bedroom
- Level: First
- Area: 238 Square Feet
- Dimensions: 17 x 14
Other
- Level: First
- Area: 210 Square Feet
- Dimensions: 30 x 7
Other
- Level: Second
- Area: 210 Square Feet
- Dimensions: 30 x 7
Living room
- Level: Second
- Area: 238 Square Feet
- Dimensions: 17 x 14
Living room
- Level: First
- Area: 140 Square Feet
- Dimensions: 14 x 10
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Tankless Water Heater
Features
- Recessed Lighting, Newly Painted, Wet Bar
- Flooring: Tile
- Doors: Storm Door(s)
- Windows: Storm Window(s)
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,545
- Total interior livable area: 2,545 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 2
- Patio & porch: Porch
- Exterior features: Balcony, Sprinkler System
- Pool features: Heated, In Ground
Lot
- Size: 0.26 Acres
- Dimensions: 152 x 97.2 x 147.2 x 99
- Features: Corner Lot
Details
- Parcel number: 002S22007900000480
- Zoning description: City
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Concrete, Stucco, Steel Frame
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 1998
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Community Room, Fitness Center, Gated, Pool, Tennis Court(s), Pickleball, Short Term Rental - Allowed
- Security: Smoke Detector(s)
- Subdivision: DESTINY EAST PH 1
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Land Recreation, Legal, Management
Location
- Region: Destin
Financial & listing details
- Price per square foot: $544/sqft
- Tax assessed value: $903,994
- Annual tax amount: $11,826
- Date on market: 2/23/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Sold | $1,385,000+1.8%$544/sqft |
Source:  ECAOR #983772 Report a problem | ||
| 9/15/2023 | Sold | $1,360,000+8.8%$534/sqft |
Source: ECAOR #922076 Report a problem | ||
| 9/10/2021 | Sold | $1,250,000+278.8%$491/sqft |
Source: ECAOR #876918 Report a problem | ||
| 1/15/2021 | Sold | $330,000-53.2%$130/sqft |
Source: Agent Provided Report a problem | ||
| 1/5/2018 | Sold | $705,000+43.9%$277/sqft |
Source: Public Record Report a problem | ||
| 10/20/2014 | Sold | $490,000+29.3%$193/sqft |
Source: Public Record Report a problem | ||
| 6/10/2014 | Sold | $379,100+43%$149/sqft |
Source: Public Record Report a problem | ||
| 11/21/2013 | Sold | $265,100-72.1%$104/sqft |
Source: Public Record Report a problem | ||
| 7/31/2006 | Sold | $950,000+9400%$373/sqft |
Source: Public Record Report a problem | ||
| 9/30/2003 | Sold | $10,000-97.7%$4/sqft |
Source: Public Record Report a problem | ||
| 6/11/1999 | Sold | $435,000$171/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,706 -9.5% | $903,994 -9.5% |
| 2024 | $11,827 +14% | $998,339 +15% |
| 2023 | $10,375 +8.9% | $868,493 +9.8% |
| 2022 | $9,531 +23.7% | $790,899 +27.1% |
| 2021 | $7,704 +9.5% | $622,433 +10.7% |
| 2020 | $7,035 +3.7% | $562,294 +5.1% |
| 2019 | $6,785 +44.6% | $534,884 +32.5% |
| 2018 | $4,693 | $403,592 +2.1% |
| 2017 | $4,693 +0.5% | $395,291 +2.1% |
| 2016 | $4,671 +2.8% | $387,161 +6.2% |
| 2015 | $4,546 +4.6% | $364,718 +3.2% |
| 2014 | $4,345 | $353,313 +2.9% |
| 2013 | -- | $343,297 -0.6% |
| 2012 | -- | $345,377 -4.3% |
| 2011 | -- | $360,822 -4.8% |
| 2010 | -- | $378,923 -17.4% |
| 2009 | -- | $458,739 -26.5% |
| 2008 | -- | $623,916 -14.7% |
| 2007 | -- | $731,737 -5.2% |
| 2006 | -- | $771,862 +26.3% |
| 2005 | -- | $611,240 +79% |
| 2004 | -- | $341,414 +9.8% |
| 2003 | -- | $311,058 |
Find assessor info on the county website
Neighborhood: 32541
Nearby homes
- $--7,405 sqftLot 49 Tranquility Lane, Destin, FL 32541Off Market
- $1,899,9005 bd5 ba3.9k sqft55 Tranquility Ln, Destin, FL 32541For Sale
- $457,0407,834 sqft4819 Bonaire Cay, Destin, FL 32541Off Market
- $--7,840 sqftLOT 90 Bonaire Cay, Destin, FL 32541Off Market
- $992,0004 bd3 ba2.1k sqft4817 Bonaire Cay, Destin, FL 32541Off Market
- $1,436,5004 bd5 ba3.7k sqft59 Tranquility Ln, Destin, FL 32541Off Market
- $2,274,2006 bd6 ba-- sqft47 Tranquility Ln, Destin, FL 32541Off Market
- $1,600,0005 bd4 ba3.4k sqft48 Tranquility Ln, Destin, FL 32541Sold
Nearby schools
GreatSchools rating
- 9/10Destin Middle SchoolGrades: 5-8Distance: 1.8 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 14.3 mi
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 5.5 mi
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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,381,700
2% more
+$27,634
With Zillow Showcase(estimated)
$1,409,334
- Florida
- Okaloosa County
- Destin
- 32541
- 51 Tranquility Ln
Nearby cities
Nearby zip codes
Other Destin Topics
