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Sold for $8,795,000 on 12/05/23
  • $8,795,000

    531 Norriego Rd, Destin, FL 32541

    5beds
    5,118sqft
    Single Family Residence
    Built in 2023
    0.46 Acres Lot
    $7,833,000 Zestimate®
    $1,718/sqft
    $6,770 Estimated rent
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    Home value

    $7,833,000

    $6.74M - $9.16M

    $6,770/mo

    Zestimate® history
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    What's special

    Spectacular New Construction on the Scenic Harbor of Destin, Florida!531 Norriego Road epitomizes perfection, aligning the superiority of not only one of the finest lots on deep-water in the exclusive beach and yachtsman's enclave known as Holiday Isle, but impeccable new design and construction providing immense structural integrity, innovative and updated building technologies, and magnificent windows and doors providing the most stunning view corridors in every direction and from every room! The new dock will accommodate massive yachts, while the inset slip will accommodate a companion vessel of impressive beam and length as well. While the moorings in your backyard secure your marine vessels, your four-car garage will protect your coveted car collection! The floorplan was... carefully planned to optimize not only the breathtaking views, but to also integrate practicality of functional living. Every interior and exterior square foot of this impressive waterfront estate will be thoroughly enjoyed. The outdoor experience, especially while on the two expansive covered balconies will be accentuated by the ambience of the gorgeous pool and hot tub, all strategically oriented to enjoy your 162' of pristine waterfrontage and beach. Please inquire for further details and the latest construction updates. Showings are by appointment only as this listing involves an active worksite. There shall be no trespassing on the subject worksite at any time without the listing broker accompanying all showings. Showing requests require a minimum of (48)-hours of advanced notice. All prospective buyers and attendees must wear hard-hats throughout the duration of every showing while on property, which the listing broker will provide before entering onto the property.

    Zillow last checked: 8 hours ago

    Listing updated: October 26, 2024 at 02:47pm

    Listed by:

    John Paul Somers 850-654-7777,

    Somers & Company,

    Rachael A Earley 850-225-6478,

    Somers & Company

    Bought with:

    John Paul Somers, 3210089

    Somers & Company

    Rachael A Earley, 3118214

    Somers & Company

    Source: ECAOR,MLS#: 915603MLS LogoOriginating MLS: Emerald Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: MBed First Floor, Walk-In Closet(s), MBed Waterfront
    • Level: First
    Primary bathroom
    • Features: Double Vanity, MBath Separate Shwr, Walk-In Closet(s)
    Kitchen
    • Level: First
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Cooktop, Dishwasher, Ice Maker, Microwave, Double Oven, Refrigerator, Gas Range, Warranty Provided, Wine Refrigerator, Tankless Water Heater
    Features
    • Bedroom, Den, Full Bathroom, Great Room, Kitchen, Master Bathroom, Master Bedroom, Mud Room
    • Has fireplace: Yes
    • Fireplace features: Gas
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 5,118
    • Total interior livable area: 5,118 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Covered, Garage, Attached, Golf Cart Covered, Golf Cart Enclosed, Guest, Other, Oversized, Garage Door Opener
    • Attached garage spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Deck Covered, Deck Open, Patio Covered
    • Exterior features: Balcony, Barbecue, Boat Slip, Dock, Hot Tub, Lawn Pump, Sprinkler System, Outdoor Kitchen
    • Has private pool: Yes
    • Pool features: Private, Heated, In Ground
    • Has spa: Yes
    • Fencing: Partial
    • Has view: Yes
    • View description: Bay, Canal, Gulf, Gulf/Pass, Harbor, Lagoon
    • Has water view: Yes
    • Water view: Bay,Canal,Gulf,Gulf/Pass,Harbor,Lagoon
    • Waterfront features: Harbor, Beach, Waterfront
    • Frontage type: Water
    • Frontage length: Water: 162
    Lot
    • Size: 0.46 Acres
    • Dimensions: 587 x 188 x 162 x 170
    • Features: Bulkhead/Seawall, Corner Lot, Covenants, Restrictions, See Remarks, Survey Available
    Details
    • Additional structures: Boat House
    • Parcel number: 002S242186000F0020
    • Lease amount: $200
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman Style
    • Property subtype: Single Family Residence
    Condition
    • Under Construction
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Destin
    • Subdivision: Holiday Isle

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $473 annually

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/5/2023Sold$8,795,000-9.8%$1,718/sqft
    Source: ECAOR #915603
    3/9/2023Pending sale$9,750,000$1,905/sqft
    Source: ECAOR #915603
    1/25/2023Listed for sale$9,750,000+261.1%$1,905/sqft
    Source: ECAOR #915603
    12/31/2021Sold$2,700,000-6.7%$528/sqft
    Source: ECAOR #865354
    10/7/2021Pending sale$2,895,000$566/sqft
    Source: ECAOR #865354

    Public tax history

    YearProperty taxesTax assessment
    2024$85,606 +388.5%$7,226,206 +338.8%
    2023$17,525 +21.7%$1,646,688 +37.8%
    2022$14,405 +30.9%$1,195,332 +31.8%

    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

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

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

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    $7,833,000
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    With Zillow Showcase(estimated)
    $7,989,660