3469 Scenic Highway 98, Destin, FL 32541

New Listing
$5,500,000
Property Type: Residential Bedrooms: 8 Baths: 9 Square Footage: 6,489 Lot Size (sq. ft.): 15,682 Status: Active
Current Price: $5,500,000 List Date: 4/23/2026 Last Modified: 4/23/2026

Description

Welcome to an exceptional beachside retreat in the heart of Destin, where coastal luxury meets effortless income potential. Perfectly positioned with 61 feet of lake frontage and sweeping Gulf views, this remarkable residence is just steps from the sugar-white sands of the Gulf of Mexico and a short stroll to a sprawling beach access. The first level is designed for recreation and seamless indoor-outdoor living, featuring a spacious game room complete with a pool table, arcade games, and a convenient kitchenette with full-size refrigerator and ice maker. Multiple guest suites and bunk accommodations offer flexibility for large groups, while direct access leads to a true backyard oasis.

Supplements: The outdoor space lives like a private resort, highlighted by a beautifully designed pool with Baja shelf and spa, expansive sundeck, and tranquil lake views. A covered outdoor living area with a full kitchen, grill, beverage cooler, fireplace, and mounted TV creates the perfect setting for entertaining or unwinding after a day at the beach. A thoughtful feature includes an elevator servicing all three levels. The second level serves as the heart of the home, where an open-concept layout seamlessly connects the kitchen, dining, and living areas. A chef's kitchen anchored by an oversized island and premium appliances flows into a grand dining space accented with vaulted Pecky cypress ceilings and designer lighting, ideal for hosting large gatherings. The living room is filled with natural light and opens to a spacious balcony overlooking the pool and lake with direct access to the pool deck, adding convenience and extending the living space outdoors. Additional guest suites on this level provide comfort and privacy, with select rooms offering private balcony access. The third level offers a more private retreat with an additional living area and multiple well-appointed king suites, each with en suite baths. Select bedrooms feature soaking tubs and private balconies capturing glimpses of the Gulf, while additional bunk accommodations ensure ample space for guests. At the top, a rooftop viewing deck provides a breathtaking vantage point, where sunsets over the Gulf create an unforgettable daily experience. Offered fully furnished and turnkey, this expansive residence comfortably accommodates up to 28 guests and is ideally suited as both a legacy second home and a high-performing short-term rental. This is a rare opportunity to own a property that truly captures the essence of Destin living, blending scale, luxury, and an unbeatable location into one extraordinary offering.

More Information MLS# 1001392

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 847.59 List Date: 2026-04-23 Current Price: $5,500,000 List Price: $5,500,000

Location, Tax and Legal

Sub Area: 1404 - Destin Beach East Elementary School: Destin Middle School: Destin High School: Destin Legal Description: GRAND PALMS S/D LOT 5

General Property Info

Sub-Type: Detached Single Family Design: Mediterranean SqFt Source: County PA Records Immediate Occupancy: No Garage: Yes Carport: No Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 6489 Bedrooms: 8 Full Baths: 8 Half Baths: 1 Total Bathrooms: 9 # Stories: 3 Year Built: 2012 Garage Spaces: 2 Acreage: 0.36

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 3550 Annual Assessment Amount: 3550 Assessment Paid: Annually New Buyer Fee: Yes New Buyer Fee Amt: 591.67 New Buyer Fee Paid: $ Last Taxes: 56875.99 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Welcome to an exceptional beachside retreat in the heart of Destin, where coastal luxury meets effortless income potential. Perfectly positioned with 61 feet of lake frontage and sweeping Gulf views, this remarkable residence is just steps from the sugar-white sands of the Gulf of Mexico and a short stroll to a sprawling beach access. The first level is designed for recreation and seamless indoor-outdoor living, featuring a spacious game room complete with a pool table, arcade games, and a convenient kitchenette with full-size refrigerator and ice maker. Multiple guest suites and bunk accommodations offer flexibility for large groups, while direct access leads to a true backyard oasis.

Waterfront

Lake: 1 Waterfront Feet: 61

Construction Status

Construction Complete: 1

Parking Features

Garage: 1 Garage Attached: 1 Oversized: 1

Waterview

Gulf: 1 Lake: 1

Lot/Parcel Access

Paved Road: 1

Lot Features

Restrictions: 1 Sidewalk: 1 Within 1/2 Mile to Water: 1 See Remarks: 1

Project Facilities

Community Room: 1 Picnic Area: 1 Pool: 1 Tennis: 1

Construction/Siding

Roof Tile/Slate: 1 Stucco: 1

Utilities

Gas - Natural: 1 Public Sewer: 1 Public Water: 1 Tap Fee Paid: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 BBQ Pit/Grill: 1 Deck Covered: 1 Deck Open: 1 Fenced Back Yard: 1 Fenced Lot-Part: 1 Fireplace: 1 Hot Tub: 1 Patio Covered: 1 Patio Open: 1 Pool - In-Ground: 1 Porch Open: 1 Shower: 1 Summer Kitchen: 1

Interior

Built-In Bookcases: 1 Ceiling Crwn Molding: 1 Ceiling Raised: 1 Ceiling Tray/Cofferd: 1 Ceiling Vaulted: 1 Elevator: 1 Fireplace: 1 Floor Tile: 1 Furnished - All: 1 Hallway Bunk Beds: 1 Kitchen Island: 1 Lighting Recessed: 1 Owner's Closet: 1 Pantry: 1 Washer/Dryer Hookup: 1 Wet Bar: 1 Window Treatment All: 1

Financing

Conventional: 1 None: 1

Appliances

Auto Garage Door Opn: 1 Cooktop: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Microwave: 1 Oven Double: 1 Range Hood: 1 Refrigerator: 1 Refrigerator W/IceMk: 1 Stove/Oven Gas: 1 Washer: 1 Wine Refrigerator: 1

Energy

AC - 2 or More: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Separate Shwr: 1 MBath Whirlpool: 1 MBed Balcony: 1 MBed Walk-in Closet: 1 MBed Waterfront: 1

Master Bedroom

Third: 1

Bedroom

First: 1 Second: 1

Kitchen

Second: 1

Rooms

Bedroom: 1 Dining Area: 1 Garage: 1 Great Room: 1 Kitchen: 1 Master Bedroom: 1

Fees Include

Master Association: 1 Recreational Faclty: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 14 - Destin Street #: 3469 Street Name: Scenic Highway 98 State: FL Zip Code: 32541 County: Okaloosa Project Name/Subdivision: GRAND PALMS S/D Parcel ID: 00-2S-22-0541-0000-0050

Property Features

Construction Status: Construction Complete Lot Features: Restrictions; Sidewalk; Within 1/2 Mile to Water; See Remarks Zoning: Resid Single Family Waterfront: Lake Waterview: Gulf; Lake Parking Features: Garage; Garage Attached; Oversized Project Facilities: Community Room; Picnic Area; Pool; Tennis Exterior: Balcony; BBQ Pit/Grill; Deck Covered; Deck Open; Fenced Back Yard; Fenced Lot-Part; Fireplace; Hot Tub; Patio Covered; Patio Open; Pool - In-Ground; Porch Open; Shower; Summer Kitchen Interior: Built-In Bookcases; Ceiling Crwn Molding; Ceiling Raised; Ceiling Tray/Cofferd; Ceiling Vaulted; Elevator; Fireplace; Floor Tile; Furnished - All; Hallway Bunk Beds; Kitchen Island; Lighting Recessed; Owner's Closet; Pantry; Washer/Dryer Hookup; Wet Bar; Window Treatment All Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven Double; Range Hood; Refrigerator; Refrigerator W/IceMk; Stove/Oven Gas; Washer; Wine Refrigerator Utilities: Gas - Natural; Public Sewer; Public Water; Tap Fee Paid Energy: AC - 2 or More; Ceiling Fans; Heat Cntrl Electric Master Bedroom: Third Bedroom: First; Second Kitchen: Second Rooms: Bedroom; Dining Area; Garage; Great Room; Kitchen; Master Bedroom Financing: Conventional; None Fees Include: Master Association; Recreational Faclty

Room Information

Bedroom Level: First Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Master Bedroom Level: Third Dimensions: 17 x 16 Length: 17.00 Width: 16.00 Dimensions: 17 x 16 Master Bedroom Level: Third Dimensions: 18 x 16 Length: 18.00 Width: 16.00 Dimensions: 18 x 16 Bedroom Level: First Dimensions: 13 x 13 Length: 13.00 Width: 13.00 Dimensions: 13 x 13 Bedroom Level: Second Dimensions: 13 x 12 Length: 13.00 Width: 12.00 Dimensions: 13 x 12 Bedroom Level: Second Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Great Room Level: Second Dimensions: 22 x 17 Length: 22.00 Width: 17.00 Dimensions: 22 x 17 Dining Area Level: Second Dimensions: 18 x 16 Length: 18.00 Width: 16.00 Dimensions: 18 x 16 Kitchen Level: Second Dimensions: 27 x 19 Length: 27.00 Width: 19.00 Dimensions: 27 x 19 Garage Level: First Dimensions: 17 x 14 Length: 17.00 Width: 14.00 Dimensions: 17 x 14
Listing Office: Scenic Sotheby's International Realty
Last Updated: April - 23 - 2026
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