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$1,600,000 Just Listed
Property Description
Amazing opportunity to own one of the largest lots on sought after Holiday Isle in Destin. This exceptional property boasts over 170 ft of canal frontage, nearly double most lots on The Isle. With 2 true deep water boat slips, one lift, a jet ski slip, plus additional day boat docking area, and still room to add a pool (permitting required). The sizable lot offers a rare canvas in one of Destin's most coveted waterfront neighborhoods, where lots of this scale and frontage almost never come to market. The existing 3-bedroom home with 2 bonus rooms and over 2,700 sq ft of decking overlooking the canal is a classic coastal cottage ready for your vision. Update it, reimagine it, or start from scratch. The bones are here but the real value is the land, the water, and the location.
Full Property Details
Full Property Details for 500 Vera Cruz Dr
General
- Price: $1,600,000
- Taxes: $5,602 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1000442
- Updated: 4/13/2026
- Added to Site: 2 day(s) ago
Rental Information
- Complex Features: Beach, Pets Allowed
Interior
- Number of Rooms: 7
- Interior Features: Breakfast Bar, Ceiling Cathedral, Ceiling Vaulted, Handicap Provisions, Newly Painted, Pantry
- Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Balcony, Boat Slip, Boatlift, Dock
- Porch/Patio/Deck: Deck Covered, Porch
Parking
- Attached garage: Yes
- Parking Features: Boat, Covered
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: HOLIDAY ISLE
- Driving Directions: From highway 98 heading east, turn right onto Gulf Shore Drive, right onto Norriego Dr, then left onto Vera Cruz. Property is at the end of the cul de sac on the left.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Fort Walton Beach
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water, TV Cable
Structural Information
- Architectural Style: Beach House
- Construction: Siding Wood
- Exterior Const.: Siding Wood
- Stories/Levels: 2
- Square Feet: 2,720
- Sq. Ft. Source: Agent-Measured
- Year Built: 1978
Lot Features
- Property View: Harbor, Gulf, Canal
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,810.4
- Lot Dimensions: 170 x 143 x 50 x 116
- Street/Road Desc.: Paved
- Lot Features: Corner, Cul-De-Sac, Dead End, Within 1/2 Mile to Water
- Zoning: City, Deed Restrictions
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Canal
Financial Considerations
- Assessment Amount: $200
- Tax Amount: $5,602.73
- Tax Year: 2025
Disclosures and Reports
- Legal Description: HOLIDAY ISLE LOT 77 BLK F
- APN: 00-2S-24-2186-000F-0770
- Property ID: 00-2S-24-2186-000F-0770
Listed by EXP Realty LLC
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Schools
Schools serving 500 Vera Cruz Dr
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 1.2 mi |
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 4.5 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 8.6 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 500 Vera Cruz Dr
Date
Details
Price
Change
Source
4/12/2026
Listed
$1,600,000
—
MLS
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
Tax History for 500 Vera Cruz Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,052
3%
$550,072
3%
2024
$5,875
2%
$534,569
3%
2023
$5,740
2%
$518,999
6%
2021
$5,603
—
$489,207
-3%
2022
$5,609
—
$503,883
4%
2021
$5,603
2%
$482,453
2%
2019
$5,503
1%
$471,606
2%
2018
$5,460
—
$462,813
2%
2017
$5,435
3%
$453,294
2%
2016
$5,290
-2%
$443,971
1%
2015
$5,415
-3%
$440,885
-1%
2013
$5,583
—
$444,918
—
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
Estimate the Cost for 500 Vera Cruz Dr
500 Vera Cruz Drive, Destin, FL 32541 (MLS# 1000442) is a Single Family property with 3 bedrooms and 3 full bathrooms. 500 Vera Cruz Drive is currently listed for $1,600,000 and was received on April 12, 2026. Want to learn more about 500 Vera Cruz Drive? Do you have questions about finding other Single Family real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.
