tomo logo

$1,725,000

Beds
4
Baths
4.5
sq ft
3,460

257 Moonlit Way, Destin, FL 32541

257 Moonlit Way

Destin, FL 32541

  • 48 days on market
Luxury Living in Regatta Bay - Destin, FL. Welcome to coastal luxury at its finest in the prestigious Regatta Bay, one of Destin's most sought-after gated communities. This newer constructed masterpiece is designed for those who crave elegance, convenience, and an unparalleled lifestyle. Featuring a pool, fireplace, high-end finishes throughout, this home offers a spacious open-concept design with stunning beam detailed ceilings, a gourmet chef's kitchen equipped with top-tier appliances, quartz countertops, and custom cabinetry, as well as an expansive living area flooded with natural light. The luxurious primary suite boasts a spa-like ensuite and a walk-in closet, while the outdoor space includes a resort-style pool perfect for entertaining.Living in Regatta Bay means everything is at your fingertips. Whether you're craving a day on the water, a round of world-class golf, or a night out at a top-rated waterfront restaurant, you can do it all without ever leaving the neighborhood. Legendary Marina, located right within Regatta Bay, offers hassle-free boat storage and concierge service--just call ahead, and they'll have your boat in the water, ready for you to roll out. Take a golf cart ride over to Lulu's, where you can enjoy fresh seafood, live music, and breathtaking bay views. Regatta Bay Golf & Yacht Club features a top-ranked 18-hole championship course designed for both casual and avid golfers alike. With Destin Commons and over 50 restaurants just a short golf cart ride away, you'll have access to the area's finest boutiques, upscale retailers, and vibrant nightlife.Live, shop, dine, play - and never leave Regatta Bay. If you're looking for a home that offers luxury, convenience, and the best of Destin's coastal lifestyle, this is it. Don't miss your opportunity to own in one of the most exclusive communities in Florida. Contact us today to schedule your private tour.

Details

Property type

Single Family Residence

Est. home value

$1,696,075

Lot size

6,970 sq ft

Price per sq ft

$499

Year built

2020

Monthly HOA fee

$500

Price History

02/10/2025
CentralPanhandle

CentralPanhandle #768581

Listed
$1,725,000
+4.55%
07/16/2024
EmeraldCoast

EmeraldCoast #952535

Removed
$1,650,000
06/17/2024
EmeraldCoast

EmeraldCoast #952535

Listed
$1,650,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Other

Community features: 

Pool, Fishing, Golf, Gated, Playground, Park, Tennis Court(s), Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$681,099
Asking price
$1,725,000
Closing costs (~8% of asking)
-$138,000
Est. remaining loan balance
-$905,901
Cash to seller
$681,099

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

January 2021

Original loan amount

$1,001,348

Est. remaining balance

$905,901

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Jeremy Chad Herren and Susan Wheeler Herren

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/03/2025 at 3:00 PM

Listing updated: 02/14/2025 at 11:19 AM

Listed by: Trish Wheeler, Salty Marlin Realty LLC Phone #: (850) 615-2406

MLS: CentralPanhandle #768581

CentralPanhandle logo

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