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$724,900 -$24,100 (-3.22%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 2,196 Sq. Ft.
  • Updated 5 days ago
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Price Improvement! Now offered at $724,900, this exceptional residence at 5 Calhoun Avenue #403 is priced $20,000 below recent third-party appraisal, presenting a rare opportunity to own in one of Destin's most desirable waterfront communities at an outstanding value. Don't miss this chance to secure a well-priced property with built-in equity in the heart of Destin. the shimmering bay in Destin, this stunning three-bedroom condominium offers an idyllic blend of luxury, comfort, and natural beauty. This condo is being offered with most furnishings. Please inquire for a list of furniture and items that will convey with an acceptable offer.

Full Property Details for 5 Calhoun Ave #403

General

  • Price: $724,900
  • Status: Active
  • Type: Condo
  • Source: Emerald_Coast
  • MLS ID: 987178
  • Updated: 4/14/2026
  • Added to Site: 192 day(s) ago

Rental Information

  • Complex Features: Short Term Rental - Not Allowed, BBQ Pit/Grill, Community Room, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Pool, Separate Storage, Waterfront

Interior

  • Number of Rooms: 6
  • Interior Features: Breakfast Bar, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Lighting Recessed, Owner's Closet, Pantry
  • Appliances: Dishwasher, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Water Heater - Elect
  • Flooring: Floor Tile, Floor WW Carpet

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Pool: Yes
  • Pool Description: Pool Type
  • Security/Safety: Fire Alarm/Sprinkler

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Garage, Guest

Location

  • Area: 14 - Destin
  • County: Okaloosa
  • Subdivision: SIDES MORENO POINT WEST
  • Driving Directions: : From Hwy. 98 on the east side of Marler Bridge turn north onto Calhoun Ave. SMPW driveway is located on the first left (before the marina and Dewey Destin on the Bay); driveway with the gated entrance.

School Information

  • Elementary School: Destin
  • Middle School: Destin
  • High School: Fort Walton Beach

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Ground Keeping, Management, Master Association, Water

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fans, Central Air
  • Heating/Cooling: Ceiling Fans, Central Air

Utilities

  • Utility Description: Electric, Lift Station, Public Water, Tap Fee Paid, TV Cable, Underground

Structural Information

  • Construction: Concrete, Roof Pitched, Stucco
  • Exterior Const.: Concrete, Roof Pitched, Stucco
  • Stories/Levels: 7
  • Square Feet: 2,196
  • Sq. Ft. Source: Condo Docs
  • Year Built: 2004

Lot Features

  • Property View: Gulf, Bay

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Bay, Gulf/Pass

Financial Considerations

  • Assessment Amount: $1,590

Disclosures and Reports

  • Special Conditions: Accept Backup Offers
  • Legal Description: SIDES MORENO POINT WEST UNIT 305 COMMUNITY ROOM / COMMON AREA
  • APN: 00-2S-22-1300-0000-0305
  • Property ID: 00-2S-22-1300-0000-0305

Listed by Coastal Villages Real Estate

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— 5 Calhoun Ave #403 —

  • Coastal Villages Real Estate

  • Coastal Villages Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5 Calhoun Ave #403

School District:Okaloosa County School District
NameGradesDistance
Destin Elementary School
630 Kelly Street, Destin, FL 32541
PK-41.5 mi
Destin Middle School
4608 Legendary Marina Drive, Destin, FL 32541
5-85.4 mi
Fort Walton Beach High School
400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548
9-127.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5 Calhoun Ave #403 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/14/2026
Price Reduced
$724,900
-3.22%
MLS
11/13/2025
Price Reduced
$749,000
-6.26%
MLS
10/09/2025
Listed
$799,000
3.1%
MLS
6/26/2023
Sold
$775,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5 Calhoun Ave #403

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,935
—
$670,000
—
2024
$7,937
10%
$670,000
—
2023
$7,192
7%
$670,000
6%
2022
$6,746
21%
$635,000
41%
2021
$5,588
—
$450,000
5%
2021
$5,588
9%
$430,000
12%
2019
$5,132
14%
$385,000
10%
2018
$4,494
1%
$350,000
3%
2017
$4,443
-2%
$340,000
-3%
2016
$4,533
-2%
$349,000
—
2015
$4,623
5%
$349,000
5%
2014
$4,402
11%
$333,000
14%
2013
$3,962
—
$293,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5 Calhoun Ave #403

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Coastal Villages Real Estate

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5 Calhoun Avenue #403, Destin, FL 32541 (MLS# 987178) is a Condo property with 3 bedrooms and 3 full bathrooms. 5 Calhoun Avenue #403 is currently listed for $724,900 and was received on October 09, 2025. Want to learn more about 5 Calhoun Avenue #403? Do you have questions about finding other Condo real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

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