514 Vera Cruz Drive, Destin, FL 32541 (MLS# 964803)

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514 Vera Cruz Drive, Destin, FL 32541

$2,799,000

Property Type: Residential Bedrooms: 6 Baths: 6 Square Footage: 3,750 Status: Active

Current Price: $2,799,000 List Date: 11/02/2025 Last Modified: 11/02/2025

Description

Nestled in the highly desirable area of Holiday Isle. This exceptional waterfront beach home offers the perfect blend of coastal living and modern convenience. Situated just one block from the beach with Gulf views and directly on a deep-water canal, this home is truly a rare find. What sets this property apart is its unique features, including a fully covered and enclosed outdoor entertainment area with observation deck and two covered boat slips with lifts, and an impressive 90 feet of deep-water frontage. The home boasts two separate living areas (2nd Level - Main Level and 3rd Level Lockout) each with their own private entrances totaling six spacious bedrooms, six full bathrooms and two fully equipped kitchens, providing ample room for family & guests.

Supplements: The main floor is comprised of 4 spacious bedrooms and 4 baths, large living area, gourmet kitchen with breakfast bar and an office. The 3rd Level Lockout is comprised of 2 bedrooms with 2 full baths, living area, kitchen with breakfast bar. These two living areas can be utilized together or kept separate. Additionally, the lower level offers 2,500 square feet of unfinished space, perfect for storage, work area or customized to suit your needs. With its prime location, you're only eight houses away from the private beach access of Holiday Isle and a 15-minute boat ride to Crab Island or the Gulf of Mexico. Whether you're seeking a luxurious permanent residence or a lucrative investment property, this home delivers on all fronts. Embrace the best of waterfront living in this stunning Holiday Isle retreat. Short term rentals are allowed. Rental projections are $150,000 - $175,000. Ask me about Investment Loan Options!

More Information MLS# 964803

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 746.4 List Date: 2024-12-16 Current Price: $2,799,000 List Price: $2,799,000

Location, Tax and Legal

Sub Area: 1401 - Destin Beach West Elementary School: Destin Middle School: Destin High School: Destin Legal Description: HOLIDAY ISLE LOT 84 BLK F

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: County PA Records Immediate Occupancy: Yes Garage: Yes Carport: No Driveway Spaces: 6 Pool: No Pool Type: None Apx SqFt(Htd/Cooled): 3750 Bedrooms: 6 Full Baths: 6 Total Bathrooms: 6 # Stories: 3 Year Built: 1972 Garage Spaces: 2

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 395 Annual Assessment Amount: 395 Assessment Paid: Annually New Buyer Fee: Yes New Buyer Fee Amt: 150 New Buyer Fee Paid: $ Last Taxes: 14338.61 Last Tax Year: 2023 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Nestled in the highly desirable area of Holiday Isle. This exceptional waterfront beach home offers the perfect blend of coastal living and modern convenience. Situated just one block from the beach with Gulf views and directly on a deep-water canal, this home is truly a rare find. What sets this property apart is its unique features, including a fully covered and enclosed outdoor entertainment area with observation deck and two covered boat slips with lifts, and an impressive 90 feet of deep-water frontage. The home boasts two separate living areas (2nd Level - Main Level and 3rd Level Lockout) each with their own private entrances totaling six spacious bedrooms, six full bathrooms and two fully equipped kitchens, providing ample room for family & guests.

Waterfront

Canal: 1 Waterfront Feet: 90

Construction Status

Construction Complete: 1

Parking Features

See Remarks: 1

Waterview

Canal: 1 Gulf: 1

Lot/Parcel Access

City Road: 1

Lot Features

Bulkhead/Seawall: 1 Flood Insurance Req: 1 Interior: 1 Level: 1 Within 1/2 Mile to Water: 1

Project Facilities

Beach: 1 Deed Access: 1 Fishing: 1 Pets Allowed: 1 Short Term Rental - Allowed: 1 TV Cable: 1 Waterfront: 1

Construction/Siding

Brick: 1 Roof Dimensional Shg: 1 Siding CmntFbrHrdBrd: 1 Stucco: 1

Utilities

Community Sewer: 1 Community Water: 1 Electric: 1 TV Cable: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 Boat Slip: 1 Boathouse: 1 Boatlift: 1 Deck Covered: 1 Deck Enclosed: 1 Dock: 1 Rain Gutter: 1 Shower: 1 Summer Kitchen: 1

Interior

Basement Unfinished: 1 Furnished - Some: 1 Guest Quarters: 1 Kitchen Island: 1 Lighting Recessed: 1

Appliances

Cooktop: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Microwave: 1 Oven Double: 1 Refrigerator W/IceMk: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - 2 or More: 1 AC - High Efficiency: 1 Ceiling Fans: 1 Water Heater - Two +: 1

Mstr Bdrm/Mstr Bath

MBath Separate Shwr: 1 MBed Waterfront: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

First: 1

Living Room

First: 1

Full Bathroom

First: 1

Rooms

Bedroom: 1 Full Bathroom: 1 Kitchen: 1 Living Room: 1 Master Bathroom: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Land Recreation: 1 Legal: 1 Management: 1 Master Association: 1 Security: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 14 - Destin Street #: 514 Street Name: Vera Cruz Street Suffix: Drive State: FL Zip Code: 32541 County: Okaloosa Project Name/Subdivision: HOLIDAY ISLE Parcel ID: 00-2S-24-2186-000F-0840

Property Features

Construction Status: Construction Complete Lot Features: Bulkhead/Seawall; Flood Insurance Req; Interior; Level; Within 1/2 Mile to Water Zoning: Resid Single Family Waterfront: Canal Waterview: Canal; Gulf Parking Features: See Remarks Project Facilities: Beach; Deed Access; Fishing; Pets Allowed; Short Term Rental - Allowed; TV Cable; Waterfront Exterior: Balcony; Boat Slip; Boathouse; Boatlift; Deck Covered; Deck Enclosed; Dock; Rain Gutter; Shower; Summer Kitchen Interior: Basement Unfinished; Furnished - Some; Guest Quarters; Kitchen Island; Lighting Recessed Appliances: Cooktop; Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven Double; Refrigerator W/IceMk; Stove/Oven Electric; Washer Utilities: Community Sewer; Community Water; Electric; TV Cable Energy: AC - 2 or More; AC - High Efficiency; Ceiling Fans; Water Heater - Two + Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Full Bathroom: First Rooms: Bedroom; Full Bathroom; Kitchen; Living Room; Master Bathroom; Master Bedroom Fees Include: Accounting; Ground Keeping; Land Recreation; Legal; Management; Master Association; Security

Room Information

Bedroom Level: First Dimensions: 20 x 14.5 Length: 20.00 Width: 14.50 Dimensions: 20 x 14.5 Bedroom Level: First Dimensions: 14 x 10.5 Length: 14.00 Width: 10.50 Dimensions: 14 x 10.5 Bedroom Level: First Dimensions: 15 x 14 Length: 15.00 Width: 14.00 Dimensions: 15 x 14 Master Bedroom Level: First Dimensions: 18 x 15 Length: 18.00 Width: 15.00 Dimensions: 18 x 15 Master Bathroom Level: First Dimensions: 10 x 7.5 Length: 10.00 Width: 7.50 Dimensions: 10 x 7.5 Kitchen Level: First Dimensions: 15 x 19 Length: 15.00 Width: 19.00 Dimensions: 15 x 19 Full Bathroom Level: First Dimensions: 10 x 5.5 Length: 10.00 Width: 5.50 Dimensions: 10 x 5.5 Living Room Level: First Dimensions: 20 x 20 Length: 20.00 Width: 20.00 Dimensions: 20 x 20

Listing Office: Century 21 AllPoints Realty

Last Updated: November - 02 - 2025

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