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For sale
  • $4,500,000

    612 Magnolia Dr, Destin, FL 32541

    4beds
    6,104sqft
    : 
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    Single Family Residence
    Built in 2004
    10,400 Square Feet Lot
    $4,131,000 Zestimate®
    $737/sqft
    $-- HOA

    What's special

    Waterfront estateHeated saltwater poolFloor-to-ceiling windowsQuartz countertopsRooftop deckCustom cabinetryKinetico water softener
    NEW LISTING! Welcome to 612 Magnolia Drive, an exceptional waterfront estate oriented on the deep waters of the scenic harbor of Holiday Isle, an exclusive, and very rare, beach and boating enclave in Destin, Florida. This furnished deep-water residence on the canal yields ±6,000 square feet of luxuriously renovated living space, containing 4 bedrooms and 4.5 bathrooms, and an extraordinary combination of design, quality, craftsmanship, and functionality throughout. The expansive layout is enhanced by soaring ceilings and floor-to-ceiling windows that naturally illuminate the home while offering breathtaking waterfront vistas. Interior features include an elevator, dual laundry rooms, quartz countertops, custom cabinetry, Viking appliances, automated window treatments, Kinetico water softener, reverse osmosis drinking system, and tankless water heaters. The outdoor living area offers expansive entertaining spaces, a dock with 16,000-pound boat lift, and a heated saltwater pool that seamlessly integrates its indoor comforts with Destin's quintessential waterfront lifestyle. The rooftop deck, accessible by both elevator and spiral staircase, captures breathtaking 360° panoramic views of the Gulf of America, the Destin Harbor, Intracoastal Waterway, and Choctawhatchee Bay; the perfect vantage point for year-round sunrises and sunsets. The residents of Holiday Isle enjoy two private, gated points of access to the world-class beach, extremely reasonable annual Association dues of only $593.00 [currently] for 2025, and a lifestyle defined by convenience and proximity and access to sugar white sand beaches, world-class boating, fishing, dining, and shopping along the Emerald Coast of Northwest Florida. Destin's newest Publix just opened, within a 5-minute drive from Holiday Isle on Main Street. Please note documents available under the "Documents" tab. Private showings are by scheduled appointment only with a minimum (24)-hours of required advanced notice. The listing broker(s) must accompany all showings.
    272 days
    |
    651
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    John Paul Somers 850-654-7777,

    Somers & Company,

    Rachael A Earley 850-225-6478,

    Somers & Company

    Source: ECAOR,MLS#: 987848MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Bedroom
      • Description: Buyer to verify measurements
      • Level: First
      • Area: 224 Square Feet
      • Dimensions: 16 x 14
      Bedroom
      • Description: Buyer to verify measurements
      • Level: Second
      • Area: 256 Square Feet
      • Dimensions: 16 x 16
      Bedroom
      • Level: Third
      • Area: 256 Square Feet
      • Dimensions: 16 x 16
      Bedroom
      • Level: Third
      • Area: 224 Square Feet
      • Dimensions: 16 x 14
      Bathroom
      • Level: Second
      • Area: 80 Square Feet
      • Dimensions: 8 x 10
      Bathroom
      • Level: Second
      • Area: 30 Square Feet
      • Dimensions: 5 x 6
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Double Oven, Tankless Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Central Vacuum, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Newly Painted, Pantry, Elevator
      • Flooring: Tile
      • Windows: Window Treatments
      • Furnished: Yes
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 6,104
      • Total interior livable area: 6,104 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Boat, Golf Cart Garage, Garage
      • Attached garage spaces: 2
      Features
      • Stories: 3
      • Patio & porch: Deck, Patio
      • Exterior features: Balcony, Boat Slip, Dock, Sprinkler System
      • Pool features: Heated, In Ground
      • Has view: Yes
      • View description: Bay, Bayou, Canal, Gulf, Harbor, Intracoastal Waterwy
      • Has water view: Yes
      • Water view: Bay,Bayou,Canal,Gulf,Harbor,Intracoastal Waterwy
      • Waterfront features: Canal Access
      Lot
      • Size: 10,400 Square Feet
      • Dimensions: 80 x 130
      • Features: Covenants, Level, Restrictions, Survey Available, Within 1/2 Mile to Water
      Details
      • Parcel number: 002S242186000E0310
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Flat
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Beach, Deed Access, Fishing, Waterfront, Short Term Rental - Allowed
      • Subdivision: HOLIDAY ISLE
      HOA
      • Has HOA: Yes
      • Services included: Management
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $737/sqft
      • Tax assessed value: $2,930,159
      • Annual tax amount: $34,712
      • Date on market: 10/19/2025
      • Road surface type: Paved

        Estimated market value

        $4,131,000

        $3.92M - $4.34M

        $7,082/mo

        Price history

        DateEventPrice
        10/19/2025Listed for sale$4,500,000+17.3%$737/sqft
        Source: ECAOR #987848 Report a problem
        3/3/2025Sold$3,836,000-10.8%$628/sqft
        Source: ECAOR #923389 Report a problem
        1/18/2025Pending sale$4,299,000$704/sqft
        Source: ECAOR #923389 Report a problem
        8/13/2024Price change$4,299,000-4.4%$704/sqft
        Source: ECAOR #923389 Report a problem
        4/6/2024Price change$4,499,000-6.3%$737/sqft
        Source: ECAOR #923389 Report a problem
        2/6/2024Price change$4,799,000-3.8%$786/sqft
        Source: ECAOR #923389 Report a problem
        5/16/2023Listed for sale$4,990,000+211.9%$817/sqft
        Source: ECAOR #923389 Report a problem
        11/15/2021Sold$1,600,000$262/sqft
        Source: CPAR #717965 Report a problem
        10/15/2021Pending sale$1,600,000$262/sqft
        Source: ECAOR #883880 Report a problem
        10/15/2021Contingent$1,600,000$262/sqft
        Source: CPAR #717965 Report a problem
        10/14/2021Listed for sale$1,600,000+15900%$262/sqft
        Source: CPAR #717965 Report a problem
        3/6/2018Sold$10,000-99%$2/sqft
        Source: Public Record Report a problem
        10/21/2015Sold$1,040,000-3.2%$170/sqft
        Source: Public Record Report a problem
        8/1/2015Price change$1,074,900-7.3%$176/sqft
        Source: CRYSTAL SHORES 2 INC. #729380 Report a problem
        6/29/2015Price change$1,159,900-9%$190/sqft
        Source: CRYSTAL SHORES 2 INC. #729380 Report a problem
        6/1/2015Price change$1,274,900-5.7%$209/sqft
        Source: CRYSTAL SHORES 2 INC. #729380 Report a problem
        5/9/2015Price change$1,352,000+111.2%$221/sqft
        Source: CRYSTAL SHORES 2 INC. #729380 Report a problem
        3/23/2015Listed for sale--
        Source: Crystal Shores Realty #0 Report a problem
        6/18/2014Sold$640,100+1180.2%$105/sqft
        Source: Public Record Report a problem
        9/28/2011Sold$50,000$8/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$34,712 +1.6%$2,930,159 +1.6%
        2023$34,151 +74.4%$2,883,167 +77.5%
        2022$19,577 +25.4%$1,624,542 +28.4%
        2021$15,607 +9.9%$1,265,237 +11.4%
        2020$14,207 +3.4%$1,135,483 +4.9%
        2019$13,736 +7.9%$1,082,891 +9.2%
        2018$12,732 $991,539 +4.1%
        2017$12,732 +2.3%$952,250 -33.7%
        2016$12,445 -33.3%$1,435,766 +6.2%
        2015$18,650 +3.8%$1,351,920 +3.8%
        2014$17,964 $1,302,195 +5.1%
        2013-- $1,238,508 -0.4%
        2012-- $1,243,421 -4.1%
        2011-- $1,296,453 -5.7%
        2010-- $1,375,209 -10.1%
        2009-- $1,530,238 -9.4%
        2008-- $1,688,108 -23%
        2007-- $2,193,241 +0.6%
        2006-- $2,179,752 +13%
        2005-- $1,928,512 +485%
        2004-- $329,664 +34.7%
        2003-- $244,800 +20%
        2002-- $204,000 +3.2%
        2001-- $197,760
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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

        16 / 100
        Car-Dependent
        29 / 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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