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$598,000
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Property Description
This 1973 cinderblock home offers a unique opportunity for buyers seeking space, flexibility, and future potential. The property was thoughtfully expanded over the years, combining the original structure (located south of the kitchen) with a later addition to create a larger footprint. Situated across two lots, this property presents excellent possibilities -- whether as a renovation project, a rental investment, or a site for building two new homes in the future. While the home reflects its age and will require updates and repairs, it was occupied less than two years ago and provides a solid starting point for the right buyer with vision. The sellers are unable to verify the condition or age of major systems and features, including the roof and HVAC. The HVAC is currently not operational however, there are no known active roof leaks. The property also includes multiple storage structures a shed with lean-to storage on both sides, a boat barn with additional side storage, and another separate shed offering ample space for tools, equipment, or hobbies. The sellers are actively cleaning and clearing both the interior and exterior, and the condition is improving daily. Listing photos were taken prior to much of this cleanup. The primary value lies in the land and its development potential, but the existing home remains in place to provide buyers with options. The property is being sold AS IS, with the sellers also offering the option to demolish and remove the home for an additional $15,000 if desired. This is an excellent opportunity for investors, builders, or buyers looking to create something new in a versatile and spacious setting.
Full Property Details
Full Property Details for 515 Beach Dr
General
- Price: $598,000
- Taxes: $5,509 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 994498
- Updated: 2/4/2026
- Added to Site: 17 day(s) ago
Interior
- Rooms/Areas: Bedroom, Dining Area, Florida Room, Kitchen, Living Room, Master Bedroom
- Interior Features: Breakfast Bar, Ceiling Beamed, Fireplace, Floor Hardwood, Floor Tile, Furnished - None, Needs Work, Split Bedroom, Walls Paneled, Window Treatmnt None
- Appliances: Stove/Oven Electric
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
- Florida Room: Florida Room
Additional Information
- Pool: Yes
Exterior
- Exterior Features: Cabana, Deck Covered, Deck Enclosed, Lawn Pump, Needs Work, Pool - In-Ground, Shower, Workshop, Yard Building
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: Resub Of Kellys Add To Destin
- Driving Directions: Go north on Beach Drive past the 4-way stop at Kelly Street. House is on the left - #515.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Heating & Cooling
- Heating/Cooling: AC - Central Elect, AC - Window/Wall, Ceiling Fans, Heat - Wood Stove, Water Heater - Elect
Utilities
- Utility Description: Electric, Public Sewer, Public Water
Structural Information
- Architectural Style: Ranch
- Construction: Block, Frame, Roof Composite Shngl, Siding Brick Some, Trim Wood
- Stories/Levels: 1
- Square Feet: 2,199
- Sq. Ft. Source: County PA Records
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.51
- Lot Dimensions: 150 x 150
- Street/Road Desc.: City Road, Paved Road
- Lot Features: Interior, Level, Sidewalk, Will Divide, Within 1/2 Mile to Water
- Zoning: City, Resid Single Family
Financial Considerations
- Tax Amount: $5,509
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Resub Of Kellys Add To Destin Lots 11 & 12 Blk 9
- APN: 002S22136000900110
Listed by Real Estate Professionals of Destin Inc
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Schools
Schools serving 515 Beach Dr
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 0.2 mi |
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 3.9 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 8.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 515 Beach Dr
Date
Details
Price
Change
Source
2/04/2026
Listed
$598,000
—
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 515 Beach Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,509
1%
$465,152
1%
2024
$5,430
2%
$458,366
3%
2023
$5,329
265%
$446,107
187%
2021
$1,461
-71%
$155,706
-62%
2022
$4,978
241%
$413,064
169%
2021
$1,461
3%
$153,556
2%
2019
$1,425
1%
$150,104
2%
2018
$1,408
1%
$147,305
2%
2017
$1,397
3%
$144,275
2%
2016
$1,359
-1%
$141,308
1%
2015
$1,379
1%
$140,326
2%
2013
$1,367
—
$137,155
—
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 515 Beach Dr
515 Beach Drive, Destin, FL 32541 (MLS# 994498) is a Single Family property with 3 bedrooms and 2 full bathrooms. 515 Beach Drive is currently listed for $598,000 and was received on February 04, 2026. Want to learn more about 515 Beach 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.

