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    602 Magnolia Dr Destin, FL 32541

    For Sale
    $2,999,000

    Turnkey, fully furnished estate with deep-water access on Holiday Isle.

    Building Details

    Year built
    1983

    Source: Somers & Company

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Holiday Isle Waterfront Estate

    This turnkey, fully furnished estate is located on the exclusive Holiday Isle of Destin, Florida, offering dedicated beach access and boating opportunities. The property features 217 feet of navigable deep-water frontage. Designed for entertaining, the estate is situated on a nearly half-acre cul-de-sac lot with a superior orientation. The property's waterfront expanse includes inset boat slips and a sundeck. It is in proximity to the scenic harbor and its array of waterfront restaurants and commercial amenities, East Pass, Crab Island, Choctawhatchee Bay and the Gulf of Mexico.
    Location Intelligence

    Current Use by Public Records

    Vista Marina 3 ... Holiday Apartment

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Destin
    County
    Walton
    State
    Florida
    Longitude
    -86.4928983
    Latitude
    30.3853917

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    FAQs

    What type of property is this?
    Hotel - Turnkey, fully furnished estate with deep-water access on Holiday Isle.
    Where is this hotel located?
    The property is located at 602 Magnolia Dr Destin, FL.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: - 217' of navigable deep-water frontage on Holiday Isle; - Turnkey and fully furnished; - Dedicated beach access and boating
    (850) 654-7777
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    602 Magnolia Dr Destin, FL 32541
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    602 Magnolia Dr Destin, FL 32541
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