51 Tranquility Lane, Destin, FL 32541 (MLS# 983772)

51 Tranquility Lane, Destin, FL 32541

$1,499,900

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,545 Lot Size (sq. ft.): 11,326 Status: Active

Current Price: $1,499,900 List Date: 8/23/2025 Last Modified: 12/27/2025

Description

Back on the market! 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.

Supplements: 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!

More Information MLS# 983772

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 589.35 List Date: 2025-08-22 Current Price: $1,499,900 List Price: $1,499,900

Location, Tax and Legal

Sub Area: 1404 - Destin Beach East Elementary School: Destin Middle School: Destin High School: Destin Legal Description: DESTINY EAST PH IA LOT 48

General Property Info

Sub-Type: Detached Single Family Design: Contemporary SqFt Source: County PA Records Immediate Occupancy: Yes Garage: Yes Carport: No Driveway Spaces: 4 Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 2545 Bedrooms: 3 Full Baths: 2 Half Baths: 2 Total Bathrooms: 4 # Stories: 2 Year Built: 1998 Garage Spaces: 2 Acreage: 0.26

Listing Info, Tax & Legal

Homestead: Yes Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 321 Annual Assessment Amount: 3852 Assessment Paid: Monthly New Buyer Fee: No Last Taxes: 11826.93 Last Tax Year: 2024 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Back on the market! 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.

Construction Status

Construction Complete: 1

Parking Features

Garage Detached: 1

Lot Features

Corner: 1

Project Facilities

BBQ Pit/Grill: 1 Community Room: 1 Exercise Room: 1 Gated Community: 1 Pets Allowed: 1 Pickle Ball: 1 Pool: 1 Short Term Rental - Allowed: 1 Tennis: 1

Construction/Siding

Concrete: 1 Steel: 1 Stucco: 1

Utilities

Electric: 1 Public Water: 1 TV Cable: 1

Zoning

City: 1

Exterior

Balcony: 1 Pool - Heated: 1 Pool - In-Ground: 1 Porch: 1 Renovated: 1 Sprinkler System: 1

Interior

Floor Tile: 1 Furnished - All: 1 Lighting Recessed: 1 Newly Painted: 1 Renovated: 1 Wet Bar: 1

Financing

Conventional: 1 FHA: 1 VA: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Refrigerator: 1 Smoke Detector: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - 2 or More: 1 AC - Central Elect: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1 Storm Doors: 1 Storm Windows: 1 Water Heater - Tnkls: 1

Mstr Bdrm/Mstr Bath

MBath Separate Shwr: 1 MBed Cthdrl Ceiling: 1

Master Bedroom

Second: 1

Bedroom

First: 1

Living Room

First: 1 Second: 1

Rooms

Balcony: 1 Bedroom: 1 Living Room: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Land Recreation: 1 Legal: 1 Management: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 14 - Destin Street #: 51 Street Name: Tranquility Street Suffix: Lane State: FL Zip Code: 32541 County: Okaloosa Project Name/Subdivision: DESTINY EAST PH 1 Parcel ID: 00-2S-22-0079-0000-0480

Property Features

Construction Status: Construction Complete Lot Features: Corner Parking Features: Garage Detached Project Facilities: BBQ Pit/Grill; Community Room; Exercise Room; Gated Community; Pets Allowed; Pickle Ball; Pool; Short Term Rental - Allowed; Tennis Exterior: Balcony; Pool - Heated; Pool - In-Ground; Porch; Renovated; Sprinkler System Interior: Floor Tile; Furnished - All; Lighting Recessed; Newly Painted; Renovated; Wet Bar Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Storm Doors; Storm Windows; Water Heater - Tnkls Master Bedroom: Second Bedroom: First Living Room: First; Second Rooms: Balcony; Bedroom; Living Room; Master Bedroom Financing: Conventional; FHA; VA Fees Include: Accounting; Ground Keeping; Land Recreation; Legal; Management

Room Information

Balcony Level: First Dimensions: 30 x 7 Length: 30.00 Width: 7.00 Dimensions: 30 x 7 Balcony Level: Second Dimensions: 30 x 7 Length: 30.00 Width: 7.00 Dimensions: 30 x 7 Master Bedroom Level: Second Dimensions: 20 x 15 Length: 20.00 Width: 15.00 Dimensions: 20 x 15 Bedroom Level: First Dimensions: 14 x 12 Length: 14.00 Width: 12.00 Dimensions: 14 x 12 Bedroom Level: First Dimensions: 17 x 14 Length: 17.00 Width: 14.00 Dimensions: 17 x 14 Living Room Level: Second Dimensions: 17 x 14 Length: 17.00 Width: 14.00 Dimensions: 17 x 14 Living Room Level: First Dimensions: 14 x 10 Length: 14.00 Width: 10.00 Dimensions: 14 x 10

Documents

Seller's Disclosures ›

First year's rentals ›

Costs to Own ›

Listing Office: Southern Luxury Realty

Last Updated: December - 27 - 2025

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