$3,995,000
Destin, FL 32541
MLS# 1009062
1 / 14
Property Description
Property is zoned High Density Residential and is part of the Marbella Condominium Project. This parcel has a current Development Order for a second tower for 52 residential Condominiums. The development may possibly be amended for single family homes or townhomes. Infrastructure for sewer, water, underground infrastructure including Electric Conduit has been completed and a ''Certificate of Completion issued by City of Destin. This parcel has over 300' water frontage on the Destin Harbor. A Survey is available along with copies of the Marbella Master Condominium Project. Great property for future investment prospect or 1031 EXCG needs. Listing Broker/Salesperson has ownership interest in the property.
Details
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 1387152.78
List Date: 2026-08-03
List Price: $3,995,000
Location, Tax and Legal
Sub Area: 1401 - Destin Beach West
Elementary School: Destin
Middle School: Destin
High School: Fort Walton Beach
Legal Description: MARBELLA T/H LOT 7 AND COM NE COR LOT 7 N 75 DEG W 122.74FT S 12 DEG W 97.67FT N 75 DEG W 142.27FT S 14 DEG W 135.32FT TO POB S 14 DEG W 121.49FT N 75 DEG W 25.59FT S 27 DEG W 11.45FT N 75 DEG W 21.59FT N 35 DEG E 141.58FT TO POB
General Property Info
Sub-Type: Vacant Land
Acreage: 2.88
Mineral Rights: No
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 5000
Annual Assessment Amount: 5000
Assessment Paid: Annually
New Buyer Fee: No
Last Taxes: 22093.24
Last Tax Year: 2025
Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.
As Is: Yes
Remarks & Misc
Remarks: Property is zoned High Density Residential and is part of the Marbella Condominium Project. This parcel has a current Development Order for a second tower for 52 residential Condominiums. The development may possibly be amended for single family homes or townhomes. Infrastructure for sewer, water, underground infrastructure including Electric Conduit has been completed and a ''Certificate of Completion issued by City of Destin. This parcel has over 300' water frontage on the Destin Harbor. A Survey is available along with copies of the Marbella Master Condominium Project. Great property for future investment prospect or 1031 EXCG needs. Listing Broker/Salesperson has ownership interest in the property.
Waterfront
Harbor: 1
Waterfront Feet: 300
Waterview
Harbor: 1
Lot Features
Cleared: 1
Survey Available: 1
See Remarks: 1
Lot Access
State Highway: 1
Utilities
Public Sewer: 1
Public Water: 1
Tap Fee Due: 1
Zoning
Resid Multi-Family: 1
Resid Single Family: 1
See Remarks: 1
None
Current Price: $3,995,000
Status Change Info
Status: Active
Location Tax and Legal
Street #: 796
Street Name: Harbor
Street Suffix: Boulevard
Area: 14 - Destin
State: FL
Zip Code: 32541
County: Okaloosa
Project Name/Subdivision: MARBELLA
Parcel ID: 00-2S-22-0702-0000-0070
Property Features
Lot Access: State Highway
Lot Features: Cleared; Survey Available; See Remarks
Zoning: Resid Multi-Family; Resid Single Family; See Remarks
Waterfront: Harbor
Waterview: Harbor
Utilities: Public Sewer; Public Water; Tap Fee Due
Listing Office: RE/MAX by the Sea
Last Updated: August - 05 - 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.
