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$6,640,000

Beds
10
Baths
9.5
sq ft
7,502

85 Woodward St, Destin, FL 32541

85 Woodward St

Destin, FL 32541

  • 57 days on market
Own the crown jewel of Park Row! It doesn't get better than this luxury home in the heart of Destin. Located just steps from the beach and iconic restaurants like Camille's and Henderson Beach Resort, 85 Woodward has an impressive recorded occupancy of 35, making it a true rental machine with RENTAL PROJECTIONS up to $600,000! No detail was overlooked in this 10 bedroom villa--upon the approach you'll note parking for 8 on the promenade of Belgian cobblestone piers, evergreen synthetic turf and towering Sylvester date palms. Note the quality of the heavy hardwood doors as you enter into the first floor, which centers around the delightful game room. Soaring ceilings frame this entertaining paradise complete with pool table, luxury wet bar appointed with Zelige tile, two built-in bunk rooms, an additional ensuite bedroom, the first laundry room and another large bath with a unique double sink. Massive sliding doors bring the outside in, and this outdoor area was designed to impress! Listen to relaxing music from the built in surround sound while floating in the 60,000 gallon pool or soak your cares away in the connect waterfall spa. The sunken swim-up bar and built in concrete table area are amenities usually reserved for resorts, but in this home you can have it all, along with the additional privacy of a personal luxury home. Flanking the beautiful pool is a summer kitchen with built in stainless grill, refrigerator, a cozy stone fire pit and ambient gas lanterns. With the numerous outdoor balconies, sun decks and exterior spaces, you'll be able to take full advantage of the perfect Florida weather in any season. Take the large commercial grade elevator or the stairs to the second floor where you'll find the open concept double chef's kitchen with duel islands, floor to ceiling custom cabinetry, a hand built custom hood above a 60-inch professional series Wolf Range, built in full-size wine cooler, two dishwashers, ice machine and oversized refrigerator. The kitchen opens seamlessly into the expansive living and dining areas anchored by a linear gas fireplace and crowned with warm pecky cypress ceilings. Floor to ceiling windows let in an abundance of natural light and accentuate the designer furnishings and light fixtures that create a casual yet magazine worthy beach experience. The second floor also boasts three bedrooms with ensuite baths, and a jewel-box half bath with designer tiles to the ceiling. Access the second story outdoor living area for lovely views of the pool and grounds below. Continuing upward, the third floor hosts twin master suites, each opening onto a spacious covered porch with ipe decking, luxurious marble spa bathrooms, spacious closets, walk-in showers & freestanding tubs and a private coffee bar. Another bunk room and gaming nook, ensuite bath and laundry round out this level. Finally, ascend to the fourth floor rooftop deck to enjoy evening beverages and unbeatable sunset and Gulf views. Ask about Seller Financing a portion of the purchase price.

Details

Property type

Single Family Residence

Est. home value

$6,513,861

Lot size

9,583 sq ft

Price per sq ft

$886

Year built

2021

Price History

10/26/2024
EmeraldCoast

EmeraldCoast #936233

Removed
$6,640,000
10/26/2024
EmeraldCoast

EmeraldCoast #961837

Listed
$6,640,000
07/06/2024
EmeraldCoast

EmeraldCoast #936233

Price change
$6,640,000
-0.15%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

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

First Commercial Bank

Loan start date

April 2022

Original loan amount

$6,026,950

Est. remaining balance

Not provided

Interest rate

3.89%

Loan type

Building or Construction Loan

Seller

Captiva Services Llc

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: 12/22/2024 at 10:30 AM

Listing updated: 11/14/2024 at 12:17 PM

Listed by: Jacob K Eastland, Eastland Real Estate Phone #: (850) 246-8653

MLS: EmeraldCoast #961837

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