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$2,400,000
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Property Description
Rare Deep-Water Waterfront Estate | Dual Boat Slips | Gulf Access There is truly nothing else quite like this extraordinary Holiday Isle residence! Set on a deep-water canal with dual boat slips, including one with a lift, this one-of-a-kind waterfront home delivers the ultimate boating lifestyle with easy Gulf access and private beaches just steps from your door. Mediterranean-inspired elegance meets resort-style living with a brand-new saltwater pool, expansive waterfront entertaining patio, and breathtaking canal views. Inside, soaring ceilings, new flooring, exquisite Schonbek chandeliers, a dramatic two-story fireplace, and 8 picture windows overlooking the canal create a stunning first impression. The home offers 4 bedrooms, 3 full baths, plus 2 additional downstairs rooms with Murphy beds--ideal for guests, office space, or flexible sleeping accommodations. A productive front-yard vineyard producing Malbec and Sangiovese adds a truly distinctive touch. With deep-water boating, dual slips, Gulf access, private beach proximity, luxury finishes, dedicated entertaining bar and bar area and exceptional indoor-outdoor living, this is a rare Holiday Isle waterfront offering for the discerning buyer seeking an extraordinary coastal lifestyle. Ask for the plans for the extra room addition!
Full Property Details
Full Property Details for 531 Vera Cruz Dr
General
- Price: $2,400,000
- Taxes: $14,711 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1010860
- Updated: 8/29/2026
- Added to Site: 15 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Beach, Deed Access, Pets Allowed, Waterfront
Interior
- Number of Rooms: 12
- Interior Features: Breakfast Bar, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Ceiling Vaulted, Fireplace, Pantry, Washer/Dryer Hookup, Wet Bar
- Fireplace: Yes
- Fireplace(s): Fireplace
- Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Oven Double, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All, Furnished - Some
- Flooring: Floor Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Balcony, Boat Slip, Boatlift, Columns, Dock, Fenced Back Yard, Hurricane Shutters, Pavillion/Gazebo, Pool - Gunite Concrt, Shower, Sprinkler System, Summer Kitchen
- Porch/Patio/Deck: Deck Covered, Deck Open, Patio Covered, Patio Open, Po
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Garage
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: HOLIDAY ISLE
- Driving Directions: From US 98, turn South on Gulf Shore Dr. Turn right on Norriego Rd. House is on the North corner of Vera Cruz Dr and Norriego Rd.
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, Phone, Public Water, TV Cable
Structural Information
- Architectural Style: Mediterranean
- Construction: Block, Stucco
- Exterior Const.: Block, Stucco
- Stories/Levels: 2
- Square Feet: 4,304
- Sq. Ft. Source: County PA Records
- Year Built: 1971
Additional Structures
- Other Structures: Workshop
Lot Features
- Property View: Gulf, Canal
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,424
- Lot Dimensions: 100 x 100 x 147 x 52 x 138
- Frontage: City Street
- Street/Road Desc.: Paved
- Lot Features: Bulkhead/Seawall, Corner, Covenants, Level, Within 1/2 Mile to Water
- Zoning: Resid Single Family
- Fencing (Description): Fenced Lot-Part
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Canal
Financial Considerations
- Assessment Amount: $33
- Tax Amount: $14,711.46
- Tax Year: 2025
Disclosures and Reports
- Legal Description: HOLIDAY ISLE LOT 61 BLK F
- APN: 00-2S-24-2186-000F-0610
- Property ID: 00-2S-24-2186-000F-0610
Listed by Crye-Leike Coastal Realty
Get Pre-Approved Today
Schools
Schools serving 531 Vera Cruz Dr
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 1.1 mi |
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 4.2 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 8.8 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 531 Vera Cruz Dr
Date
Details
Price
Change
Source
8/28/2026
Listed
$2,400,000
—
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 531 Vera Cruz Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,711
5%
$1,367,380
2%
2024
$13,946
1%
$1,334,248
1%
2023
$13,759
24%
$1,326,905
42%
2021
$11,131
-10%
$934,893
-17%
2022
$12,325
11%
$1,126,176
92%
2021
$11,131
70%
$587,451
6%
2019
$6,552
1%
$554,278
2%
2018
$6,502
—
$543,943
2%
2017
$6,474
3%
$532,755
2%
2016
$6,301
-2%
$521,797
1%
2015
$6,439
6%
$518,170
8%
2013
$6,068
—
$480,773
—
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 531 Vera Cruz Dr
531 Vera Cruz Drive, Destin, FL 32541 (MLS# 1010860) is a Single Family property with 4 bedrooms and 3 full bathrooms. 531 Vera Cruz Drive is currently listed for $2,400,000 and was received on August 28, 2026. Want to learn more about 531 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.

