#966621, The Beasley Group, Listing Office: Compass
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
Garage2 spaces
WaterfrontCanal
ViewGulf, Canal
Summary
- Full Bathrooms: 6
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Double Oven, Refrigerator, Ice Maker, Electric Oven, Washer
- Interior: Guest Quarters, Kitchen Island, Recessed Lighting
- Total Bedroom Count: 6
- Garage Space: 2 spaces
- Private Pool: No
- Parking: See Remarks
- Waterfront: Canal
- View: Gulf, Canal
- Exterior: Rain Gutter, Balcony, Boat Slip, Boathouse, Boatlift, Deck Covered, Deck Enclosed, Dock, Shower, Summer Kitchen
- Architectural Style: Beach House
- Cooling: Ceiling Fan(s)
- List Price: $2,950,000
- Price/SqFt: $786
- HOA Amount: $33
- HOA Frequency: Annually
- Annual Tax Amount: $14,338
- Tax Year: 2023
- Lot: Seawall, Flood Insurance Required, Interior Lot, Level, Within 1/2 Mile to Water
- Directions: From Hwy 98, proceed down Gulf Shore Drive and turn right on Norriego and then take first left on Vera Cruz. Property will be on the left.
- Year Built: 1972
- Stories: 3
- Living Area: 3,750 SqFt
- 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
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: 5/7/2025, 3:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,950,000
514 Vera Cruz Dr
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 03, 2023 | Home Sold | $3,000,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $80,435. Most Destin, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Express/Express For Men
Where do the neighbors go to eat?
Panera
Bob Evans
Sonic
What do the neighbors drive?
Infiniti
Lincoln
Kia
What do the neighbors listen to?
Adult Hits
News/Talk/Information
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 514 Vera Cruz Dr
The listing price of 514 Vera Cruz Dr property is $2,950,000.
The property 514 Vera Cruz Dr is a house located in Destin, Florida, 32541.
Active Listing: 514 Vera Cruz Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 514 Vera Cruz Dr are: Destin Elementary School (GreatSchools Rating 8/10), Eglin Elementary School (GreatSchools Rating 7/10), Shalimar Elementary School (GreatSchools Rating 4/10), Destin Middle School (GreatSchools Rating 8/10), Northwest Florida Ballet Academie (GreatSchools Rating 10/10), Meigs Middle School (GreatSchools Rating 5/10), Choctawhatchee High School (GreatSchools Rating 4/10), Fort Walton Beach High School (GreatSchools Rating 5/10), Okaloosa Technical College and Choice High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $14,338 (source: MLS/based on county public records data).
The last sale was on April 3, 2023 for $3,000,000 (source: MLS/tax record).
The property at 514 Vera Cruz Dr has 6 bedrooms and 6 bathrooms.
The property 514 Vera Cruz Dr is 3,750 SqFt (source: MLS/tax record).
The year of construction for 514 Vera Cruz Dr is 1972.
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 $2,950,000.
Destin, FL housing market in April 2025 saw over 1 listings sold above listed price, more than 5 sold at listed price and over 45 sold below. The inventory of homes for sale in Destin, FL between March and April 2025 increased by 9%. The median list price of listings available in April 2025 was $615,000, while the average time on the real estate market was 113 days.
From Rocket Homes Real Estate and based on county public records data.