605 Magnolia Drive, Destin, FL 32541

$375,000
Property Type: Land Lot Size (sq. ft.): 11,761 Status: Sold
Current Price: $399,000 List Date: 3/06/2019 Last Modified: 1/29/2025

Description

Excellent canal lot on Holiday Isle - offered at a price significantly discounted from Seller's original purchase and lower than any other comparable Holiday Isle canal lot. Seller holds property under a Warranty Deed. As a part of the sale of this property, Seller intends to perform a Section 1031 tax deferred exchange. Topographic survey on the property performed in 2004 and available in documents. Association information available at holidayisleimprovement.com.

More Information MLS# 817516

Status Change Info

Sold Price/Acre: 1388888.89 Status: Sold Under Contract Date: 2019-04-07 Sold Date: 2019-04-26 Sold Price: $375,000

Contract Info

Listing Board: Emerald Coast List Price/Acre: 1477777.78 List Date: 2019-03-05 List Price: $399,000

Location, Tax and Legal

Sub Area: 1401 - Destin Beach West Elementary School: Destin Middle School: Destin High School: Fort Walton Beach Legal Description: Lot 40, Block E, Holiday Isle Residential Section No. 4

General Property Info

Sub-Type: Vacant Land Acreage: 0.27 Mineral Rights: No

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 345 Assessment Paid: Annually New Buyer Fee: No Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Excellent canal lot on Holiday Isle - offered at a price significantly discounted from Seller's original purchase and lower than any other comparable Holiday Isle canal lot. Seller holds property under a Warranty Deed. As a part of the sale of this property, Seller intends to perform a Section 1031 tax deferred exchange. Topographic survey on the property performed in 2004 and available in documents. Association information available at holidayisleimprovement.com.

Sale Type

Assignment: 1

Waterfront

Canal: 1 Lagoon: 1 Waterfront Feet: 90 (as per plat)

Lot Features

Covenants: 1 Restrictions: 1 Survey Available: 1 See Remarks: 1

Utilities

Community Sewer: 1 Community Water: 1

Zoning

Deed Restrictions: 1

Financing

Conventional: 1 Exchange: 1

None

Current Price: $375,000

Location Tax and Legal

Street #: 605 Street Name: Magnolia Street Suffix: Drive Area: 14 - Destin State: FL Zip Code: 32541 County: Okaloosa Project Name/Subdivision: HOLIDAY ISLE Parcel ID: 00-2S-24-2186-000E-0400

Property Features

Sale Type: Assignment Lot Features: Covenants; Restrictions; Survey Available; See Remarks Zoning: Deed Restrictions Waterfront: Canal; Lagoon Utilities: Community Sewer; Community Water Financing: Conventional; Exchange

Documents

Listing Office: Christopher Kent P A
Last Updated: January - 29 - 2025
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.