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612 Magnolia Drive, Destin, FL 32541

$4,500,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 6,104 Status: Active
Current Price: $4,500,000 List Date: 10/19/2025 Last Modified: 10/28/2025

Description

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

Supplements: 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.

More Information MLS# 987848

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 737.22 List Date: 2025-10-18 Current Price: $4,500,000 List Price: $4,500,000

Location, Tax and Legal

Sub Area: 1401 - Destin Beach West Elementary School: Destin Middle School: Destin High School: Destin Legal Description: Lot 31, Block E, Holiday Isle

General Property Info

Sub-Type: Detached Single Family Design: Contemporary SqFt Source: County PA Records Immediate Occupancy: No Garage: Yes Carport: No Driveway Spaces: 6 Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 6104 Bedrooms: 4 Full Baths: 4 Half Baths: 1 Total Bathrooms: 5 # Stories: 3 Year Built: 2004 Garage Spaces: 2

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 593 Annual Assessment Amount: 593 Assessment Paid: Annually New Buyer Fee: No New Buyer Fee Amt: 500 New Buyer Fee Paid: $ Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: 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

Waterfront

Canal: 1 Waterfront Feet: 80

Construction Status

Construction Complete: 1

Parking Features

Boat: 1 Garage: 1 Garage Attached: 1 Golf Cart Covered: 1

Waterview

Bay: 1 Bayou: 1 Canal: 1 Gulf: 1 Harbor: 1 Intracoastal Waterwy: 1

Lot/Parcel Access

Paved Road: 1

Lot Features

Covenants: 1 Level: 1 Restrictions: 1 Survey Available: 1 Within 1/2 Mile to Water: 1

Project Facilities

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

Construction/Siding

Roof Flat: 1 Stucco: 1

Utilities

Electric: 1 Gas - Natural: 1 Public Sewer: 1 Public Water: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 Boat Slip: 1 Deck Open: 1 Dock: 1 Patio Open: 1 Pool - Heated: 1 Pool - In-Ground: 1 Renovated: 1 Sprinkler System: 1

Interior

Ceiling Raised: 1 Elevator: 1 Floor Tile: 1 Furnished - All: 1 Kitchen Island: 1 Lighting Recessed: 1 Newly Painted: 1 Pantry: 1 Renovated: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1

Financing

Conventional: 1

Appliances

Auto Garage Door Opn: 1 Central Vacuum: 1 Dishwasher: 1 Disposal: 1 Microwave: 1 Oven Double: 1 Refrigerator W/IceMk: 1 Stove/Oven Gas: 1

Energy

AC - 2 or More: 1 AC - Central Elect: 1 Water Heater - Tnkls: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBed Balcony: 1 MBed First Floor: 1 MBed Walk-in Closet: 1 MBed Waterfront: 1

Bedroom

First: 1 Second: 1 Third: 1

Full Bathroom

Second: 1

Half Bathroom

Second: 1

Rooms

Bedroom: 1 Full Bathroom: 1 Half Bathroom: 1

Fees Include

Accounting: 1 Management: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 14 - Destin Street #: 612 Street Name: Magnolia Street Suffix: Drive State: FL Zip Code: 32541 County: Okaloosa Project Name/Subdivision: HOLIDAY ISLE Parcel ID: 00-2S-24-2186-000E-0310

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Level; Restrictions; Survey Available; Within 1/2 Mile to Water Zoning: Resid Single Family Waterfront: Canal Waterview: Bay; Bayou; Canal; Gulf; Harbor; Intracoastal Waterwy Parking Features: Boat; Garage; Garage Attached; Golf Cart Covered Project Facilities: Beach; Deed Access; Fishing; Short Term Rental - Allowed; Waterfront Exterior: Balcony; Boat Slip; Deck Open; Dock; Patio Open; Pool - Heated; Pool - In-Ground; Renovated; Sprinkler System Interior: Ceiling Raised; Elevator; Floor Tile; Furnished - All; Kitchen Island; Lighting Recessed; Newly Painted; Pantry; Renovated; Washer/Dryer Hookup; Window Treatment All Appliances: Auto Garage Door Opn; Central Vacuum; Dishwasher; Disposal; Microwave; Oven Double; Refrigerator W/IceMk; Stove/Oven Gas Utilities: Electric; Gas - Natural; Public Sewer; Public Water Energy: AC - 2 or More; AC - Central Elect; Water Heater - Tnkls Bedroom: First; Second; Third Full Bathroom: Second Half Bathroom: Second Rooms: Bedroom; Full Bathroom; Half Bathroom Financing: Conventional Fees Include: Accounting; Management

Room Information

Bedroom Level: First Dimensions: 16 x 14 Length: 16.00 Width: 14.00 Remarks: Buyer to verify measurements Dimensions: 16 x 14 Bedroom Level: Second Dimensions: 16 x 16 Length: 16.00 Width: 16.00 Remarks: Buyer to verify measurements Dimensions: 16 x 16 Bedroom Level: Third Dimensions: 16 x 16 Length: 16.00 Width: 16.00 Dimensions: 16 x 16 Bedroom Level: Third Dimensions: 16 x 14 Length: 16.00 Width: 14.00 Dimensions: 16 x 14 Full Bathroom Level: Second Dimensions: 8 x 10 Length: 8.00 Width: 10.00 Dimensions: 8 x 10 Half Bathroom Level: Second Dimensions: 5 x 6 Length: 5.00 Width: 6.00 Dimensions: 5 x 6
Listing Office: Somers & Company
Last Updated: October - 28 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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