tomo logo

$6,995,000

Beds
3
Baths
3.5
sq ft
3,448

519 Norriego Rd, Destin, FL 32541

519 Norriego Rd

Destin, FL 32541

  • <1 day on market
EXTRAORDINARY, DEEP-WATER, YACHTSMAN'S & SPORTSFISHERMAN'S WATER-FRONT ESTATE oriented on Destin, Florida's Scenic Harbor. Located within the legendary enclave of Holiday Isle, this exclusive address is the only harbor-front estate currently offered for sale and rarely do like-kind opportunities arise on the South side of the gorgeous Harbor due to such a limited density of lots fronting the harbor. Holiday Isle is unique in that it offers dedicated beach access for its ownership and their guests, which is afforded through very reasonable dues, currently $495.00/annually. An estate of this caliber and distinction should be viewed as a generational ownership opportunity, as the phenomenal lifestyle it offers is unrivaled anywhere along the Emerald Coast on the... on the Gulf of America. This property has been beautifully renovated and newly decorated and is being offered turnkey; fully furnished and accessorized with all audio and video. The dock structure and its features are irreplaceable; "grandfathered" specifications, thus providing an instant solution to moor and lift your boats, yachts, skid for jet skis, paddleboards, tackle/storage room, motorized catch lift and guided aluminum rails to the fish cleaning station, and a magnificent rooftop sunbathing and stargazing terrace atop two of the covered slips; all accessible directly from your private backyard, which includes an expansive heated pool. The hardscaping, landscaping, and ambient exterior and dock lighting accentuate the distinctive roof and dock elevations. Quite a scope of improvements have recently been completed, including but not limited to the following: (2) natural gas Rinnai tankless hot water heaters that supply the entire house; all recessed lights throughout were replaced with efficient LED technology; entire interior repainted including all new moldings; exterior deck painted and sealed; all exterior railings painted; new insulated, modernized garage doors and openers; AquaLink technology that allows for control of the pool functions via smartphone app; Control 4 home automation app also interfaces with the TV's. (2) new Trane A/C units installed; while all four units have new Trane thermostats controlled remotely via app; oversized double floating jet dock installed; (7) high resolution digital home surveillance cameras with cloud-based NVR; (4) boat dock Luma surveillance cameras. Wi-Fi module added to the Generac whole house generator allowing for interface with a smartphone app as well. The most extraordinary dock, slips, boathouse, and boathouse rooftop terrace on Holiday Isle with spectacular view corridor of the scenic harbor and fabulous sunsets. Please inquire for further details and to schedule a private showing.

Details

Property type

Single Family Residence

Est. home value

$2,770,419

Lot size

0.41 acres

Price per sq ft

$2,029

Year built

1982

Monthly HOA fee

$41.25

Price History

01/30/2025
EmeraldCoast

EmeraldCoast #967375

Listed
$6,995,000
+47.26%
12/15/2023
EmeraldCoast

EmeraldCoast #938422

Sold
$4,750,000
+138.1%
09/25/2020
EmeraldCoast

EmeraldCoast #853410

Sold
$1,995,000
+16.67%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

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

$4,751,490
Asking price
$6,995,000
Closing costs (~8% of asking)
-$559,600
Est. remaining loan balance
-$1,683,910
Cash to seller
$4,751,490

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

Seller’s Loan History

Lender

Cadence Bank Na

Loan start date

December 2023

Original loan amount

$1,700,000

Est. remaining balance

$1,683,910

Interest rate

7.79%

Loan type

New Conventional, 30 year

Seller

Eric Wolfson and Emily C Wolfson

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: 01/30/2025 at 10:05 PM

Listing updated: 01/30/2025 at 3:00 PM

Listed by: John Paul Somers, John Paul Somers, Somers & Company Phone #: (850) 654-7777

MLS: EmeraldCoast #967375

EmeraldCoast logo

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