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Sold for $1,500,000
  • $1,500,000

    625 Lagoon Dr Unit 3, Destin, FL 32541

    3beds
    2,487sqft
    Condo
    Built in 2004
    -- sqft lot
    $1,686,800 Zestimate®
    $603/sqft
    $7,774 Estimated rent

    Home value

    $1,686,800

    $1.50M - $1.91M

    $7,774/mo

    Zestimate® history
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    $9,730/mo

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    $9,730/mo

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    What's special

    Discover the ultimate harbor-front lifestyle at this exquisite residence encompassing the third floor at The Olympia! Ideal for homeowners desiring both a boat slip and all the upscale touches of a private luxury home, each square foot has been maximized with your comfort and pleasure in mind. The residence's interior masterfully blends design and technology in a marine-oriented theme befitting a magnificent yacht. Every detail has been flawlessly executed, from the lustrous mahogany floors, trim, and paneling, to the Carrera marble floors and counters, the deluxe European-style kitchen, and the sophisticated built-in technology...The large great room, which adjoins the kitchen and dining area, enjoys expansive water views, a gorgeous beamed ceiling, sumptuous American Leather furnishings, and an excellent A/V system. The gourmet kitchen includes a large breakfast bar, built-in dining area, high-end Viking appliances, and much more! The nearly 2500 SF floorplan features a large master bedroom with spacious bath and 2 additional bedroom suites, plus a sitting room with pullout bed and attached small study. Exquisitely furnished and fully equipped, this property makes an ideal second home. Yet the craftsmanship, finishes, layout, and amenities are so well thought out and executed that it is excellently suited for a permanent residence. Additional pluses include clever storage capabilities, a monitored security system, custom Vantage lighting control, 2 garage parking spots, and a secured private cabana with restroom next to the pool. The balcony is an ideal entertaining space, with stunning views of the deepwater harbor and skyline of Destin. It also overlooks the pool, spa, and private mahogany boat dock with an assigned boat slip. On the other end of the home, a large, covered patio gives beautiful views of the Gulf of Mexico, while additional side balconies allow spaces for private time. Day or night, the Olympia's setting provides a simply fabulous outdoor oasis, perfect for quiet relaxation or lively gatherings under the stars. The gorgeous white sand beach of the Emerald Coast is also just a short walk or golf cart ride away. Please call to view Destin Harbor living at its finest!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Trash compactor, Washer
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,487 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.31 Acres
    Details
    • Parcel number: 002S24219200000030

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Metal
    Condition
    • Year built: 2004

    Utilities & green energy

    • Utilities for property: Electric, Underground, TV Cable, TV Cable, Community Sewer, Community Water, Phone, Gas - Natural

    Community & HOA

    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $603/sqft
    • Tax assessed value: $1,248,500
    • Annual tax amount: $14,787

    Price history

    DateEventPrice
    5/14/2025Sold$1,500,000$603/sqft
    Source: Public Record Report a problem
    10/7/2019Sold$1,500,000+5.3%$603/sqft
    Source: Public Record Report a problem
    1/24/2017Listing removed$1,425,000$573/sqft
    Source: Somers & Company #735898 Report a problem
    8/10/2015Listed for sale$1,425,000+51.6%$573/sqft
    Source: Somers & Company #735898 Report a problem
    10/22/2010Listing removed$940,000$378/sqft
    Source: Pelican Real Estate #542075 Report a problem
    9/17/2010Listed for sale$940,000-14.5%$378/sqft
    Source: Pelican Real Estate #542075 Report a problem
    7/24/2010Listing removed$1,100,000$442/sqft
    Source: BLUE MARLIN REALTY GROUP #526259 Report a problem
    10/31/2009Price change$1,100,000-31%$442/sqft
    Source: BLUE MARLIN REALTY GROUP #526259 Report a problem
    8/8/2009Listed for sale$1,595,000$641/sqft
    Source: BLUE MARLIN REALTY GROUP #526259 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,787 +10%$1,248,500 +10%
    2024$13,446 -0.8%$1,135,000
    2023$13,559 +0.9%$1,135,000 +1.8%
    2022$13,437 +1.6%$1,115,000 +4.7%
    2021$13,225 +0.7%$1,065,000 +1.4%
    2020$13,138 +32.8%$1,050,000 +34.6%
    2019$9,894 +0.1%$780,000 +1.3%
    2018$9,887 $770,000 +0.3%
    2017$9,887 -1.5%$768,000
    2016$10,037 +0.6%$768,000 +2.9%
    2015$9,976 +0.4%$746,000 +5.1%
    2014$9,937 $710,000
    2013-- $710,000 +4.4%
    2012-- $680,000
    2011-- $680,000 -36.4%
    2010-- $1,070,000 -24.1%
    2009-- $1,410,000 -7.8%
    2008-- $1,530,000 -10%
    2007-- $1,700,000
    2006-- $1,700,000
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Destin
    • Middle: Destin
    • High: Fort Walton Beach

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
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    $1,686,800
    2% more
    +$33,736
    With Zillow Showcase(estimated)
    $1,720,536