$3,250,000

514 Vera Cruz Dr Destin, FL 32541

6 beds
6 full
3,750 sqft
$867 / sqft
House

Property details

About 514 Vera Cruz Dr

Nestled in the highly desirable area of Holiday Isle. This exceptional waterfront beach home offers the perfect blend of coastal living and modern convenience. Situated just one block from the beach with Gulf views and directly on a deep-water canal, this home is truly a rare find. What sets this property apart is its unique features, including a fully covered and enclosed outdoor entertainment area with observation deck and two covered boat slips with lifts, and an impressive 90 feet of deep-water frontage. The home boasts two separate living areas (2nd Level - Main Level and 3rd Level Lockout) each with their own private entrances totaling six spacious bedrooms, six full bathrooms and two fully equipped kitchens, providing ample room for family & guests. The main floor is comprised of 4 spacious bedrooms and 4 baths, large living area, gourmet kitchen with breakfast bar and an office. The 3rd Level Lockout is comprised of 2 bedrooms with 2 full baths, living area, kitchen with breakfast bar. These two living areas can be utilized together or kept separate. Additionally, the lower level offers 2,500 square feet of unfinished space, perfect for storage, work area or customized to suit your needs. With its prime location, youre only eight houses away from the private beach access of Holiday Isle and a 15-minute boat ride to Crab Island or the Gulf of Mexico. Whether youre seeking a luxurious permanent residence or a lucrative investment property, this home delivers on all fronts. Embrace the best of waterfront living in this stunning Holiday Isle retreat. Short term rentals are allowed. Rental projections are $150,000 - $175,000.

Highlights

Home typeSingle Family Residence
StatusActive
CoolingCeiling Fan(s)
Size3,750 sqft
Year built1972
ParkingSee Remarks
MLS #964803
Garage12 spaces
WaterfrontCanal
ViewGulf, Canal

Summary

  • MLS Number: 964803
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Century 21 AllPoints Realty
  • Office Phone: (850) 650-2220
  • Office Email: ronjones@ronjones.com
  • Listing Agent: Kenneth R Koger, Rhonda Johnson

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,250,000

514 Vera Cruz Dr

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Price information

Property sales

DateEventPrice
Apr 03, 2023
Home Sold
$3,000,000

Tax history

YearAssessmentProperty Tax
2023$1,411,891$14,338
2022$1,145,440$12,398
2021$883,122$12,398
2020$765,163$10,712
2018$671,770$8,625
2017$636,587$8,310

History based on county public records data.

Nearby schools

8

Destin Elementary School

Public District PK-4

1.2 mi

630 Kelly St

7

Eglin Elementary School

Public District KG-4

6.4 mi

200 Gaffney Rd

4

Shalimar Elementary School

Public District PK-5

6.4 mi

1350 Joe Martin Cir

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $80,435. The majority of Destin, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

25%
<35k
44%
35k-100k
28%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

51%
Single, No Kids
5%
Single, with Kids
36%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
3%
12-17 yrs old
17%
18-34 yrs old
44%
35-64 yrs old
28%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • College FootballCollege Football

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • PaneraPanera
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • InfinitiInfiniti
  • LincolnLincoln
  • KiaKia

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 514 Vera Cruz Dr

This home is located at 514 Vera Cruz Dr in Destin, FL and zip code 32541. This 3,750 square foot home was built in 1972. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $3,250,000.

Over 1 listings were sold over their listed price in February 2025 in Destin, FL. In the same period over 38 listings were sold below the listed price and 9 listings were sold for the listed price. The number of homes for sale in Destin, FL increased by 12.2% between January and February 2025. In February 2025 median list price was $615,000 and the average listing age was 108 days.

From Rocket Homes Real Estate and based on county public records data.

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