Most Expensive Homes and Condos Sold Destin and Miramar Beach in 2011

Most Expensive Homes Sold in Destin and Miramar Beach in 2011

#1 4756 Ocean Blvd Destin, FL 32451 Sold for $3,350,000

4756 Ocean Blvd in Destin FloridaWell, this year the most expensive home sold in Destin goes to this beachfront home is Destiny By the Sea. It is a Gulf front dream home in Destin’s most prestigious beachfront gated community. With 7 bedrooms and 7 ½ bathrooms this home has plenty of room for large families and there friends. The home is 5,946 square feet with 3 stories of beachfront luxury in Destin. Projected rental income for this home is an astonishing $275k per year. The home was listed for $3,986,000 until finally negotiated to $3,350,000.


#2 627 Gulf Shore Dr. Destin, FL 32541 Sold for $3,300,000

627 Gulf Shore Dr Holiday Isle in Destin FloridaThis is not the most expensive that was sold in Destin, FL this year but was the largest by a long shot. This enormous 12,250 square foot home with 7 bedrooms and a whopping 11 ½ bathrooms is located on Destin’s prestigious Holiday Isle. The two 40 ft. boat slips, one with a lift, along with gulf views from the living, dining and all bedrooms make this property extremely rare. The large corner lot on Holiday Isle, offers expansive gulf views while the rear of the home overlooks the pool area and canal. The impressive two story entry draws immediate attention to the superb craftsmanship found throughout this home. The Dining Room comfortably seats 16 at two tables. Additional features include: A 4 car garage, 1 car garage for apartment, elevator, motorized chandelier for easy cleaning, laundry rooms on every level, generator, security system w/ surveillance cameras, 7 HVACs. The owners made a large price reduction from $5.9 million to $3.9 million and one lucky taker jumped at the opportunity and was able to settle at $3.3 million just one month later.


#3 4750 Ocean Blv Destin, FL 32451 Sold for $3,200,000

4750 Ocean Blvd in Destiny by The Sea in Destin FLDestiny By the Sea rounds up the most expensive homes sold in Destin with this beachfront home coming in 3rd place and selling for $3,200,000. This home was a short sale and was listed for $7,500,000 before negotiating with the bank and having the home sell for $3.2 million. Marble floors, roof top sun deck, Wine Cellar, State of the Art Home Theater Room, Elevator & Gulf Front Pool make this another top luxury home in Destin.


Most Expensive Condos Sold in Destin and Miramar Beach 2011

#1 Grand Dunes South Unit 1820 in Miramar Beach, FL Sold for $3,000,000

Miramar Beach Grand Dunes Gulf Front CondoThis condo at Grand Dunes South on Scenic Gulf Dr is a 2 story penthouse in Miramar Beach’s premier luxury condo. The views from throughout this condo are breath taking and allow for Gulf and beach views and is situated perfectly for catching sunsets from the comfort of the condo or balcony. Wet Bar, “climate controlled” Wine Cellar, high speed elevator directly to your foyer, Two Master Suites and 3 bedrooms that face the gulf are some of the standout features. The Grand Dunes Condo has hot tub, lagoon style pool, tennis, conference room and owners lounge. This unit was listed for $3,300,000 and sold for $3,000,000.


#2 Southwinds Condo Sandestin Resort Unit 4549 sold for $1,959,000

Sandestin Southwinds Gulf Front CondoNumber 2 on the list is also a penthouse unit but this beauty is located at the top of Southwinds Condo in Sandestin. This unit occupies the entire 14th floor of the Saouthwinds II Condo, Sandestin’s non rental beachfront condo. The owners of this Southwinds unit actually combined 2 penthouses together to make this unit the biggest and best. Views encompass the Gulf of Mexico all the way around to the Choctawhatchee Bay. Listed at $2,395,000 and sold for $1,959,000.


#3 One Beach Club Dr #PH2 in Sandestin Resort Sold for $1,660,000

Sandestin One Beach Club Gulf Front CondoSandestin Resort condo at One Beach Club Drive brings in the third most expensive condo sold in Destin and Miramar Beach in 2011. This penthouse is 2 stories and with 25 foot ceilings with the focal point being the custom iron hand made chandelier imported form England. Remote control shades to give added privacy or block the sunlight. Once Beach Club is also a non rental building making for more of a home feel. This unit was listed at $1,799,000 and sold for $1,660,000.

For more information on any of these properties or other luxury properties in the Destin and Miramar Beach area, please call Danny Margagliano @ 850-830-4747 or