This home is located on Holiday Isle and offers the unique advantage of two private access points to the beach. Notably, Holiday Isle is one of only two areas in Destin that allow vacation rentals.
Additionally, it's just minutes by boat to the Destin Pass, Choctaw Bay, Crab Island, and the Gulf of Mexico, making it an ideal location for those who enjoy coastal living and boating.
This home boasts bright and spacious living areas, along with outdoor decks that provide the perfect setting for casual living and entertaining. An expansive 4-bedroom, 5-bath canal-front coastal villa which features a spacious kitchen and living room on the main living level, adorned with granite countertops, stainless steel appliances, and beautifully sculpted ceilings. The rear porches and entertainment deck all have a southern exposure, providing an ideal setting for hosting gatherings and entertaining.
The ground level is equipped with a canal-front game room that includes a wet bar, as well as an independent studio apartment featuring a full bath, kitchenette, and a tackle room. The dock offers ample space to accommodate four vessels, including two upland slips and bulkhead docking for your water toys. One slip has a boat lift, partially covered by the second-level deck.
Dockage is capable of accommodating deep draft vessels. There is also a jet ski davit on the bulkhead dock, along with a convenient fish cleaning station.
The spacious open carport accommodates multiple vehicles and offers a refreshing breeze year-round. This property is undeniably an attractive choice for either a vacation retreat or a permanent residence. A truly a stunning home for a vacation retreat or permanent residence.
Sold for $2,130,000
$2,130,000
518 Vera Cruz Dr, Destin, FL 32541
4beds
4,018sqft
Single Family Residence
Built in 2006
0.27 Acres Lot
$2,332,600 Zestimate®
$530/sqft
$5,483 Estimated rent
Home value
$2,332,600
$2.12M - $2.57M
$5,483/mo
Zestimate® history
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List your homeWhat's special
Crab islandSpacious kitchenSpacious open carportWet barOutdoor decks
Zillow last checked:
Listing updated:
Listed by:
Ed & Terri Smith 850-837-5500,
RE/MAX Coastal Properties
Bought with:
Carmela A Bell, 3469392
Scenic Real Estate
Source: ECAOR,MLS#: 937113
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
Primary bedroom
- Level: Second
- Area: 238 Square Feet
- Dimensions: 17 x 14
Bedroom
- Level: Second
- Area: 143 Square Feet
- Dimensions: 13 x 11
Bedroom
- Level: Second
- Area: 143 Square Feet
- Dimensions: 13 x 11
Bathroom
- Level: First
- Area: 36 Square Feet
- Dimensions: 6 x 6
Laundry
- Level: First
- Area: 51 Square Feet
- Dimensions: 8.5 x 6
Recreation room
- Level: First
- Area: 333.5 Square Feet
- Dimensions: 23 x 14.5
Heating
- Heat Pump, Heat High Efficiency
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Cooktop, Dishwasher, Disposal, Microwave, Double Oven, Range Hood
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, Crown Molding, Vaulted Ceiling(s), In-Law Floorplan, Kitchen Island, Split Bedroom, Wet Bar
- Flooring: Tile
- Windows: Plantation Shutters
- Has fireplace: Yes
- Fireplace features: Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,018
- Total interior livable area: 4,018 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Golf Cart Garage, Guest, Carport, See Remarks
- Carport spaces: 2
Features
- Stories: 2
- Patio & porch: Covered, Deck
- Exterior features: Balcony, Boat Slip, Boatlift, Dock, Lawn Pump, Separate Living Area
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Access, Seawall
Lot
- Size: 0.27 Acres
- Dimensions: 90 x 130
- Features: Covenants, Cul-De-Sac, Interior Lot, See Remarks, Within 1/2 Mile to Water
Details
- Additional structures: Guest House, Workshop
- Parcel number: 002S242186000F0860
- Zoning description: Deed Restrictions, Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Pillar/Post/Pier, Slab
- Roof: Metal
Condition
- Construction Complete
- New construction: No
- Year built: 2006
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Beach, Deed Access, Fishing, TV Cable, Waterfront, Short Term Rental - Allowed
- Security: Security System, Smoke Detector(s)
- Subdivision: HOLIDAY ISLE
HOA
- Has HOA: Yes
- Services included: Land Recreation, Legal, Management, Security
Location
- Region: Destin
Financial & listing details
- Price per square foot: $530/sqft
- Tax assessed value: $1,959,351
- Annual tax amount: $16,395
- Date on market: 11/22/2023
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2024 | Sold | $2,130,000-9.4%$530/sqft |
Source:  ECAOR #937113 Report a problem | ||
| 4/9/2024 | Pending sale | $2,350,000$585/sqft |
Source: ECAOR #937113 Report a problem | ||
| 3/1/2024 | Price change | $2,350,000-11.3%$585/sqft |
Source: ECAOR #937113 Report a problem | ||
| 11/22/2023 | Listed for sale | $2,650,000-11.7%$660/sqft |
Source: ECAOR #937113 Report a problem | ||
| 10/19/2023 | Listing removed | -- |
Source: ECAOR #923008 Report a problem | ||
| 6/9/2023 | Price change | $2,999,900-14.3%$747/sqft |
Source: ECAOR #923008 Report a problem | ||
| 5/11/2023 | Listed for sale | $3,500,000+180%$871/sqft |
Source: ECAOR #923008 Report a problem | ||
| 6/26/2018 | Sold | $1,250,000-14.3%$311/sqft |
Source: Public Record Report a problem | ||
| 12/28/2017 | Price change | $1,459,000-0.7%$363/sqft |
Source: The Premier Property Group #780450 Report a problem | ||
| 8/1/2017 | Listed for sale | $1,469,000$366/sqft |
Source: The Premier Property Group #780450 Report a problem | ||
| 11/14/2014 | Listing removed | $4,999$1/sqft |
Source: Appfolio Report a problem | ||
| 9/22/2014 | Price change | $4,999-16.7%$1/sqft |
Source: Sundance Rental Management Inc Report a problem | ||
| 8/20/2014 | Price change | $5,999-7.6%$1/sqft |
Source: Sundance Rental Management Inc Report a problem | ||
| 8/7/2014 | Listed for rent | $6,495$2/sqft |
Source: Sundance Rental Management Inc Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,206 +15.4% | $1,959,351 +29.6% |
| 2024 | $20,115 +4.3% | $1,511,774 -20.4% |
| 2023 | $19,289 +17.6% | $1,898,472 +27.5% |
| 2022 | $16,395 +15.4% | $1,489,390 +29.2% |
| 2021 | $14,205 +9.9% | $1,152,596 +11.6% |
| 2020 | $12,919 +2.7% | $1,032,562 +4.1% |
| 2019 | $12,585 +6.8% | $992,124 +8.1% |
| 2018 | $11,785 | $917,768 +4.2% |
| 2017 | $11,785 +2.4% | $880,543 +3.5% |
| 2016 | $11,508 +4.1% | $850,844 +9.7% |
| 2015 | $11,052 +7% | $775,271 +0.2% |
| 2014 | $10,325 | $773,353 +5.4% |
| 2013 | -- | $734,074 -0.3% |
| 2012 | -- | $736,338 -3.9% |
| 2011 | -- | $766,288 -7.9% |
| 2010 | -- | $832,132 -9% |
| 2009 | -- | $914,454 -12.1% |
| 2008 | -- | $1,040,672 -31.6% |
| 2007 | -- | $1,521,992 +71.4% |
| 2005 | -- | $887,809 +83% |
| 2004 | -- | $485,191 +30.9% |
| 2003 | -- | $370,728 +15.3% |
| 2002 | -- | $321,475 +2.5% |
| 2001 | -- | $313,766 |
Find assessor info on the county website
Neighborhood: 32541
Nearby homes
- $2,558,2005 bd5 ba4.6k sqft516 Vera Cruz Dr, Destin, FL 32541Off Market
- $1,458,4006 bd5 ba2.1k sqft520 Vera Cruz Dr, Destin, FL 32541Off Market
- $2,478,6006 bd6 ba3.6k sqft514 Vera Cruz Dr, Destin, FL 32541Off Market
- $3,503,2006 bd7 ba4.2k sqft522 Vera Cruz Dr, Destin, FL 32541Off Market
- $1,147,6001 bd2 ba1k sqft519 Vera Cruz Dr, Destin, FL 32541Off Market
- $1,816,7004 bd3 ba2.4k sqft517 Vera Cruz Dr, Destin, FL 32541Off Market
- $1,925,8006 bd4 ba3.2k sqft521 Vera Cruz Dr, Destin, FL 32541Off Market
- $1,454,4005 bd4 ba2.2k sqft529 Gulf Shore Dr, Destin, FL 32541Off Market
Nearby schools
GreatSchools rating
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 1.1 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 4.4 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 8.8 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.
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- Florida
- Okaloosa County
- Destin
- 32541
- 518 Vera Cruz Dr
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