Sold
Last Sold Price
5 beds2,844 sqft
4554 Biscayne Way, Destin, FL 32541
Single FamilyProperty Type
0.03 acresLot Size
2007Year Built
$220/sq ftPrice per sq ft
$1,343 / quarterHOA Fees

Description

This home's premier location drives higher rentals! Great investment opportunity. Earn an estimated $38,329 NET income after expenses or 29% Return on cash w/financed purchase or an estimated $71,605 NET income or 11% ROI w/cash purchase! Offering the BEST location in the Villages, this fabulous 3-story furnished home W/5 bedrooms, 4 baths & 2 LARGE LIVING ROOMS, overlooks the 35,000 sq ft zero entry comm pool w/ waterfalls, tiki bar & grill station & is just 3 blocks to the beach. Designed to provide...This home's premier location drives higher rentals! Great investment opportunity. Earn an estimated $38,329 NET income after expenses or 29% Return on cash w/financed purchase or an estimated $71,605 NET income or 11% ROI w/cash purchase! Offering the BEST location in the Villages, this fabulous 3-story furnished home W/5 bedrooms, 4 baths & 2 LARGE LIVING ROOMS, overlooks the 35,000 sq ft zero entry comm pool w/ waterfalls, tiki bar & grill station & is just 3 blocks to the beach. Designed to provide an incredible vacation experience for large groups/families, this Home is close to dining, shopping, entertainment & offers seasonal trolley to beach. Other features include updated Kitchen & baths all w/granite, high ceilings, 2 master suites, 1st & 3rd fl living rooms, 2 bar areas and 3 covered porches providing great views. To maximize rental income, this home is set up to generate high rentals for a savvy investor, or offers the opportunity to offset some or all of the costs of owning a fabulous beach getaway!
  • Listed by: Karen K Martineau 850.499.6930 karen@karenmartineau.com Brokerage DRE #1006027 • RE/MAX Coastal Properties
Listing closed: 08/07/2020 12:00 AM • Source: ECAR, MLS#: 837337

Recent comparable sales

Median sold price

$1,155,000

Avg days on market

101

Sale-to-list ratio

90.4%

Destin, FL

9 comparable properties found

a front view of a building
1/65
1

$1,023,000

Sold 04/13/26

5
Bedrooms
2,891
Square Feet
0.03
Acres
2

$650,100

Sold 08/28/26

5
Bedrooms
4
Bathrooms
2,769
Square Feet
0.03
Acres
a front view of a house with a yard
1/51
3

$1,100,000

Sold 08/15/25

5
Bedrooms
2,926
Square Feet
0.03
Acres
a front view of a house with a porch
1/29
4

$1,535,000

Sold 11/25/25

5
Bedrooms
2,434
Square Feet
0.12
Acres
$959,900 | 655 Emerald Bay Drive, Destin, FL 32541
1/60
5

$959,900

Sold 06/05/26

5
Bedrooms
2,376
Square Feet
Unavailable
Acres
a front view of a house with swimming pool and porch
1/95
6

$1,155,000

Sold 03/20/26

5
Bedrooms
2,534
Square Feet
0.28
Acres
an aerial view of a house with swimming pool and outdoor seating
1/8
7

$2,400,000

Sold 01/29/25

5
Bedrooms
3,100
Square Feet
0.19
Acres
a front view of a house with a garden
1/56
8

$1,975,000

Sold 05/04/26

5
Bedrooms
3,412
Square Feet
0.21
Acres
$1,300,000 | 117 Cayman Cove, Destin, FL 32541
1/85
9

$1,300,000

Sold 10/11/25

5
Bedrooms
2,790
Square Feet
0.12
Acres

Location

Listing Courtesy of RE/MAX Coastal Properties

Sold By Engel & Volkers Destin

Add your commute

Payment Calculator

$4,585 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,230

Property Taxes

$908

HOA Dues

$448

The Payment Calculator is for illustrative purposes only.

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Property Information for 4554 Biscayne Way

Property Details
  • MLS Type: Residential / Detached Single Family
  • Zoning: Resid Single Family
  • Architectural Style: Beach House
  • Subdivision Name: VILLAGES OF CRYSTAL BEACH
Building Information
  • Stories: 3
  • Year Built: 2007
  • Lot Size: 0.03 AC / 1,306 SF
Summary
Location and General Information
  • Directions: From Hwy 98 or Crystal Beach Dr. turn onto Regions Way. Enter neighborhood and drive around pool. Home is on the corner of Biscayne Way and Grand Key Loop E.
  • MLS Area Minor: 1404 - Destin Beach East
  • MLS Area Major: 14 - Destin
  • Latitude: 30.386692
  • Longitude: -86.419755
  • Location Tax and Legal:Sub Area: 1404 - Destin Beach East
  • Location Tax and Legal:Elementary School: Destin
  • Location Tax and Legal:Middle School: Destin
  • Location Tax and Legal:High School: Fort Walton Beach
  • Location Tax and Legal:Legal Description: VILLAGES OF CRYSTAL BEACH LOT 116
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee2: $1,343
  • Tax Legal Description: VILLAGES OF CRYSTAL BEACH LOT 116
  • Parcel Number: 00-2S-22-1125-0000-1160
  • Association Fee: $0
  • Association YN: Yes
School Information
  • Elementary School: Destin
  • Middle Or Junior School: Destin
  • High School: Fort Walton Beach
Parking
  • General Property Info:Driveway Spaces: 2.0
Virtual Tour
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: 25x45
  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Building Area Total: 2844.0
  • Lot Size Square Feet: 1306.8
  • General Property Info:SqFt Source: County PA Records
Property and Assessments
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2007.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Beach House
  • Listing Info Tax Legal:Homestead: false
  • Construction Status: Construction Complete
  • Occupancy Status: Vacation Rental
Utilities
  • Utilities: Electric, Public Sewer, TV Cable
  • Electric: True
  • Utilities: Electric, Public Sewer, TV Cable
  • Energy: AC - Central Elect, Heat Cntrl Gas, Water Heater - Elect
Interior and Exterior Features
Exterior Features
  • Stories: 3.0
  • Pool Features: Pool Type
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Community
Interior Features
  • Heating: Natural Gas
  • Cooling: Central Air
  • Room Type: Living Room, Kitchen, Dining Area, Full Bathroom, Bedroom, Laundry, Master Bedroom, Master Bathroom
  • Rooms Total: 13.0
  • Bathrooms Total Integer: 4.0
  • Bathrooms Total Decimal: 4.0
  • Bathrooms Total Notational: 4.0
  • Cooling YN: Yes
  • Heating YN: Yes
  • Bedrooms Total: 5.0
  • Bathrooms Full: 4.0
  • Bathrooms Half: 0.0
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 17.0
  • Room Width: 17.0
  • Room Dimensions: 17 x 17
Room 2
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 10.0
  • Room Dimensions: 11 x 10
Room 3
  • Room Type: Dining Area
  • Room Level: First
  • Room Length: 12.0
  • Room Width: 11.0
  • Room Dimensions: 12 x 11
Room 4
  • Room Type: Full Bathroom
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 5.0
  • Room Dimensions: 11 x 5
Room 5
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 13.0
  • Room Width: 12.0
  • Room Dimensions: 13 x 12
Room 6
  • Room Type: Laundry
  • Room Level: First
  • Room Length: 8.0
  • Room Width: 6.6
  • Room Dimensions: 8 x 6.6
Room 7
  • Room Type: Master Bedroom
  • Room Level: Second
  • Room Length: 15.0
  • Room Dimensions: 15 x 13
Room 8
  • Room Type: Master Bedroom
  • Room Level: Second
  • Room Length: 13.0
  • Room Width: 11.0
  • Room Dimensions: 13 x 11
Room 9
  • Room Type: Master Bathroom
  • Room Level: Second
  • Room Length: 15.0
  • Room Width: 13.0
  • Room Dimensions: 15 x 13
Room 10
  • Room Type: Master Bathroom
  • Room Level: Second
  • Room Length: 8.0
  • Room Width: 7.0
  • Room Dimensions: 8 x 7
Room 11
  • Room Type: Living Room
  • Room Level: Third
  • Room Length: 17.0
  • Room Width: 15.0
  • Room Dimensions: 17 x 15
Room 12
  • Room Type: Bedroom
  • Room Level: Third
  • Room Length: 15.0
  • Room Width: 12.0
  • Room Dimensions: 15 x 12
Rental
Rent Information
  • General Property Info:Immediate Occupancy: false
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 4554 Biscayne Way

DateEvent & SourcePriceAppreciation
Aug 7, 2020

Sold (Public Record)

Public Record #1406379941

$625,000
Aug 7, 2020

Sold (Public Record)

Public Record #678603331

$625,000

+3.3% / yr

Aug 7, 2020

Sold

ECAR #837337

$625,000
DateEvent & SourcePrice
08/07/2020

Sold (Public Record)

Public Record #1406379941

$625,000
08/07/2020

Sold (Public Record)

Public Record #678603331

$625,000

+3.3% / yr

08/07/2020

Sold

ECAR #837337

$625,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4554 Biscayne Way

Taxable ValueLand$308,588Additions$611,900Total$920,488
Tax Record2025$10,902 ($908 / month)
Home Facts
Beds4Total Finished SqFt2,629 SqFtAbove Grade Finished SqFt2,629 SqFtStories3Lot Size1,150 SqFtStyleSingle Family ResidenceYear Built2007CountyOKALOOSAAPN00-2S-22-1125-0000-1160

Schools near 4554 Biscayne Way

This home is within Okaloosa County School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Destin Elementary School
PublicPK to 4

Destin Middle School
Public5 to 8

Fort Walton Beach High School
Public9 to 12

Destin High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4554 Biscayne Way, Destin, FL 32541
$625,000
5
2,844
1,306
$1,599,000
5
2,769
1,306
$527,500
5
2,873
1,306
$527,500
5
4
2,891
1,150
$492,500
5
2,873
$893,000
4
2,040
1,306

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Coastal Properties

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.