485 CAPTAINS Circle, Destin, FL 32541

$205,000
Property Type: Land Lot Size (sq. ft.): 16,553 Status: Sold
Current Price: $214,900 List Date: 7/16/2014 Last Modified: 2/10/2026

Description

AN ABSOLUTELY AMAZING LAKE-FRONT HOMESITE WITH THE MOST SPECTACULAR LAKE VIEW IN ALL OF REGATTA BAY IS NOW AVAILABLE! This homesite offers a truly wonderful opportunity to design and build the lake-front home of your dreams in Destin Florida's exclusive Regatta Bay Golf and Country Club resort community. Captains Circle wraps around a lovely brim and bass stocked lake at Commodore Point in Regatta Bay and this homesite (485 Captains Circle / Lot 48, Commodore Point) is situated on the east end of the lake with the widest, longest, and most impressive lake view in all of Regatta Bay - a perfect tranquil setting for enjoying and sharing the characteristically spectacular sunsets of Florida's Emerald Coast from your pool, patio, or lanai.

Supplements: Destin Florida is a highly desirable and immensely popular resort location offering sugar white sandy beaches, the dazzling emerald green waters of the Gulf, soothing tropical breezes, world class golfing and fishing, water sports of all kinds, an extensive outlet mall, restaurants and bistros that will cater to every taste, and entertainment venues for the entire family. The Regatta Bay Golf and Country Club is home to Destin's premier residential gated community and Commodore Point is the most desirable neighborhood in the entire Regatta Bay development. Regatta Bay amenities include a nationally renowned golf course, clubhouse and restaurant; an amazing over-olympic sized community swimming pool and clubhouse, two clay-surfaced tennis courts, and shaded sidewalks and walking trails throughout. A better location to raise a family or just to enjoy a well-deserved retirement can't be found. This homesite is in Flood Zone X (outside the 100 year and 500 year floodplain) and consequently, will not require flood insurance. This homesite is also above street level and lake level and should require site fill only to comply with HOA architectural guidelines and homeowner preferences. This offering is a homesite with endless potential for the home you have always desired and dreamed about.

More Information MLS# 709990

None

Current Price: $205,000

Status Change Info

Status: Sold Under Contract Date: 2015-03-06 Sold Date: 2015-04-01 Sold Price: $205,000 Sold Price/Acre: 539473.68

Contract Info

List Date: 2014-07-11 List Price: $214,900 Listing Board: Emerald Coast List Price/Acre: 565526.32

Location Tax and Legal

Street #: 485 Street Name: CAPTAINS Street Suffix: Circle Area: 14 - Destin State: FL Zip Code: 32541 County: Okaloosa Project Name/Subdivision: Regatta Bay Parcel ID: 00-2S-22-0515-0000-0480

General Property Info

Sub-Type: Vacant Land Acreage: 0.38

Waterfront

Waterfront Feet: 90

Property Features

Lot Access: Controlled Access; Paved Road; Private Road Lot Features: Bulkhead/Seawall; Covenants; Curb & Gutter; Sidewalk; Survey Available; Within 1/2 Mile to Water Zoning: Resid Single Family Waterfront: Lake Waterview: Lake Project Facilities: Community Room; Gated Community; Golf; Pool; Tennis Utilities: Electric; Gas - Natural; Phone; Public Sewer; Public Water; TV Cable; Underground Financing: Conventional Fees Include: Accounting; Electricity; Ground Keeping; Management; Security
Listing Office: Star Real Estate
Last Updated: February - 10 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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