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$1,995,000

Beds
5
Baths
3.5
sq ft
3,430

48 Tranquility Ln, Destin, FL 32541

48 Tranquility Ln

Destin, FL 32541

  • 2 days on market
48 Tranquility Lane is an exceptional coastal retreat offering 5 bedrooms, 3.5 bathrooms, and over 3,400 square feet of thoughtfully designed living space, making it perfect for families and guests to enjoy. This stunning property features one of the most impressive private pools in the area, complete with a spillover spa, a picturesque footbridge, and a 6-foot privacy fence, ensuring a secluded outdoor oasis like no other. Recent updates, including new hardwood flooring, fresh paint, modernized mattresses, and a high-efficiency pool heater, further enhance its luxury and comfort. This home has $155,000 + booked in 2024 with rental income ranging from $150K-225k annually in gross rental history. The first floor showcases an open-concept layout with a chef's kitchen featuring exotic granite countertops, flowing seamlessly into a spacious living room complete with a flat-screen TV and fireplace. The dining area overlooks the private courtyard and pool, creating an ideal setting for entertaining or relaxing. This level also includes a laundry room, a bedroom with full-size bunk beds, and a half bathroom. On the second floor, two expansive primary suites await, each with king-sized beds and private ensuite bathrooms. The primary suite above the garage also includes a cozy sitting area with a sectional and a queen sofa sleeper. Two additional bedrooms, one with two queen beds and another with a king bed, provide ample and flexible accommodations. Professionally decorated with custom furnishings and meticulous attention to detail, the home exudes sophistication. High-speed internet ensures seamless connectivity, while an additional refrigerator in the garage adds practicality. Outside, the home's extensive living spaces and extraordinary pool area offer endless opportunities for relaxation and entertainment. Situated just across the street from the beach and a short distance from Club Destiny, the property provides access to a wealth of community amenities, including a state-of-the-art clubhouse, fitness center, seasonally-heated swimming pool, tennis and basketball courts, a putting green, a children's playground, and even a private 25-seat IMAX theater. Located in one of the most sought-after neighborhoods, 48 Tranquility Lane combines luxury, privacy, and convenience. Whether lounging in the secluded courtyard, enjoying the nearby white-sand beaches, or exploring the exceptional amenities of the area, this home offers the ultimate coastal lifestyle. Contact us today for rental projections & cost-to-own figures.

Details

Property type

Single Family Residence

Est. home value

$2,010,364

Lot size

9,148 sq ft

Price per sq ft

$582

Year built

2005

Monthly HOA fee

$283.33

Price History

01/04/2025
EmeraldCoast

EmeraldCoast #965644

Listed
$1,995,000
+84.72%
08/13/2014
CentralPanhandle

CentralPanhandle #618606

Sold
$1,080,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

Gated, Pool, Tennis Court(s)

Seller’s Loan History

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

Lender

Synovus Bank

Loan start date

August 2014

Original loan amount

$108,240

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Credit Line (Revolving), 20 year

Seller

Christopher S Stark Sr and Donna Stark

Lender

Gulf Coast Bank & Trust Co

Loan start date

August 2014

Original loan amount

$757,750

Est. remaining balance

Not provided

Interest rate

4.5%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Christopher S Stark Sr and Donna Stark

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?

Status: Active

Tomo last checked: 01/06/2025 at 10:20 PM

Listing updated: 01/04/2025 at 11:54 AM

Listed by: Spears Group, Spears Group, Compass Phone #: (305) 851-2820

MLS: EmeraldCoast #965644

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