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. That makes it resistant to storms, fire and termites and therefore it carries a lower insurance rate. The home comes fully furnished and rental ready. This home features elegant but casual living with an emphasis on entertainment areas such as a 24 x 24 separate balcony deck, a heated pool, two separate living areas, 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. 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!
For sale
$1,599,000
51 Tranquility Ln, Destin, FL 32541
3beds
2,545sqft
Est.:
Single Family Residence
Built in 1998
0.26 Acres Lot
$1,500,300 Zestimate®
$628/sqft
$321/mo HOA
What's special
Separate balcony deckHeated poolElegant but casual livingWet barEntertainment areas
- 5 days
- on Zillow |
- 927 |
- 56 |
Zillow last checked: 7 hours ago
Listing updated: August 25, 2025 at 07:36am
Listed by:
Luis F Espinel 504-723-0939,
Southern Luxury Realty
Source: ECAOR,MLS#: 983772
Originating MLS: Emerald Coast

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Primary bedroom
- Features: Cathedral Ceiling(s)
- Level: Second
Primary bathroom
- Features: MBath Separate Shwr
Heating
- Electric
Cooling
- AC - 2 or More, Electric, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Electric Range, Washer, Tankless Water Heater
Features
- Recessed Lighting, Newly Painted, Renovated, Wet Bar, Bedroom, Living Room, Master Bathroom, Master Bedroom
- Flooring: Tile
- Doors: Storm Door(s)
- Windows: Storm Window(s)
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,545
- Total interior livable area: 2,545 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage Detached
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Porch
- Exterior features: Balcony, Renovated, Sprinkler System, BBQ Pit/Grill, Tennis
- Has private pool: Yes
- Pool features: Private, Heated, In Ground
Lot
- Size: 0.26 Acres
- Dimensions: 152 x 97.2 x 147.2 x 99
- Features: Corner Lot
Details
- Parcel number: 002S22007900000480
- Zoning description: City
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Concrete, Steel, Stucco
Condition
- Construction Complete
- Year built: 1998
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Cable Connected
Community & HOA
Community
- Features: Community Room, Fitness Center, Gated, Pickleball, Pool
- Security: Smoke Detector(s)
- Subdivision: Destiny East Ph 1
HOA
- Has HOA: Yes
- Services included: Accounting, Maintenance Grounds, Land Recreation, Legal, Management
- HOA fee: $321 monthly
Location
- Region: Destin
Financial & listing details
- Price per square foot: $628/sqft
- Tax assessed value: $998,339
- Annual tax amount: $11,826
- Date on market: 8/23/2025
- Cumulative days on market: 6 days
- Listing terms: Conventional,FHA,VA Loan
- Electric utility on property: Yes
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