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$1,385,000
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Property Description
Beautifully renovated house near the beach in Destiny East. No details were spared in the construction of the house, it features concrete walls, steel rafters, steel floor and ceiling joists, which help reduce insurance costs. The home comes fully furnished and rental ready. This home features elegant but casual living with various entertainment areas, a 24 x 24 separate balcony deck, a heated pool, a wet bar and much more. The neighborhood association has a fitness facility, two tennis courts, two swimming pools, a media room and a meeting area. This gorgeous house has also become a popular rental because of the decor, the amenities it offers and the proximity to the beach. New roof installed in 2017. Tankless water heater and new pool heater installed in 2024. The house is known on the rental market as Ocean Effect and has a 4.95 rental rating. This is the investment property that you have been looking for, great location (at the East entrance of the neighborhood), professionally upgraded and decorated interiors, offers lots of entertainment and has a proven rental record and high rental ratings from guests. Do not miss your chance to purchase Ocean Effect!
Full Property Details
Full Property Details for 51 Tranquility Ln
General
- Sold For: $1,385,000
- Taxes: $11,826 (2024)
- Status: Closed
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 983772
- Added to Site: 217 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Community Room, Exercise Room, Gated Community, Pets Allowed, Pool, Tennis
Interior
- Number of Rooms: 7
- Interior Features: Lighting Recessed, Newly Painted, Wet Bar
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Tnkls
- Furnishings: Furnished - All
- Flooring: Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Pool - Heated, Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Balcony, Sprinkler System
- Porch/Patio/Deck: Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Detached
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: DESTINY EAST PH 1
- Driving Directions: Take Scenic Highway 98 to Destiny East. Call for gate code. Once you enter the gate the house is directly ahead and slightly to the left.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Land Recreation, Legal, Management
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
- Utility Description: Electric, Public Water, TV Cable
Structural Information
- Architectural Style: Contemporary
- Construction: Concrete, Steel, Stucco
- Exterior Const.: Concrete, Steel, Stucco
- Stories/Levels: 2
- Square Feet: 2,545
- Sq. Ft. Source: County PA Records
- Year Built: 1998
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,325.6
- Lot Dimensions: 152 x 97.2 x 147.2 x 99
- Lot Features: Corner
- Zoning: City
Financial Considerations
- Assessment Amount: $321
- Tax Amount: $11,826.93
- Tax Year: 2024
Disclosures and Reports
- Legal Description: DESTINY EAST PH IA LOT 48
- APN: 00-2S-22-0079-0000-0480
- Property ID: 00-2S-22-0079-0000-0480
Listed by Southern Luxury Realty
Sold by LPT Realty LLC
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Schools
Schools serving 51 Tranquility Ln
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 1.8 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 5.4 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 14.2 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 51 Tranquility Ln
Date
Details
Price
Change
Source
7/31/2026
Sold
$1,385,000
-4.48%
MLS
4/13/2026
Price Reduced
$1,449,900
-3.33%
MLS
12/27/2025
Price Reduced
$1,499,900
-3.17%
MLS
10/15/2025
Price Reduced
$1,549,000
-3.13%
MLS
8/23/2025
Listed
$1,599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
51 Tranquility Lane, Destin, FL 32541 (MLS# 983772) is a Single Family property that was sold at $1,385,000 on July 31, 2026. Want to learn more about 51 Tranquility Lane? 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.

