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$2,000,000
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Property Description
Set along the deep, protected waters of Holiday Isle, this five-bedroom coastal retreat is designed for those who live life on the water. With direct access to Destin Harbor, East Pass, and the Gulf of Mexico, the property features two private boat slips, one with a 20,000-pound lift for a large vessel and the other offering additional wet slip space.Expansive balconies, outdoor terraces, and a sun deck capture sweeping canal, harbor, and gulf views, creating the perfect backdrop for entertaining or unwinding after a day at sea. Inside, the open air living space strikes a balance between comfort and versatility. The main living area is located upstairs, while the first floor offers flexible quarters ideal for guests, a captain's retreat, or a mother-in-law suite A spacious game room, bright kitchen, and inviting dining areas make gathering effortless, while large windows throughout fill the home with natural light and frame tranquil water scenes. Just one block from public beach access, this residence offers the best of both boating and beach living. With excellent rental potential and a coveted location on one of Destin's most iconic stretches of waterfront, this property presents a rare opportunity to own a true coastal haven.
Full Property Details
Full Property Details for 615 Magnolia Dr
General
- Sold For: $2,000,000
- Taxes: $14,209 (2024)
- Status: Closed
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 986428
- Added to Site: 109 day(s) ago
Interior
- Rooms/Areas: Bedroom, Bunk Room, Full Bathroom, Great Room, Kitchen, Laundry, Master Bathroom, Master Bedroom
- Interior Features: Breakfast Bar, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Floor Laminate, Floor Tile, Furnished - All, Furnished - None, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owner's Closet, Plantation Shutters, Renovated, Washer/Dryer Hookup, Wet Bar, Window Treatment All
- Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Wine Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Great Room: Great Room
- Kitchen: Kitchen
Additional Information
- Shared Amenities: Beach, Deed Access, Fishing, Pets Allowed, Short Term Rental - Allowed, Waterfront
Exterior
- Exterior Features: Balcony, Boat Slip, Boatlift, Deck Covered, Deck Open, Dock, Patio Open, Porch, Porch Open, Renovated
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage Attached
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: Holiday Isle
- Driving Directions: From Highway 98, turn south onto Gulf Shore Drive. Follow Gulf Shore Drive through the red light. Continue to the first stop sign and turn right onto Moreno Point Road. Take the first left onto Magnolia Drive. Follow Magnolia Drive. 615 Magnolia Drive will be on your left.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
Utilities
- Utility Description: Electric, Phone, Public Sewer, Public Water, TV Cable
Structural Information
- Architectural Style: Mediterranean
- Construction: Frame, Roof Metal, Slab, Stucco
- Stories/Levels: 2
- Square Feet: 3,378
- Sq. Ft. Source: County PA Records
- Year Built: 1995
Lot Features
- Property View: Canal, Gulf, Harbor
- Lot Size (Acres): 0.24
- Lot Dimensions: 80 x 130
- Street/Road Desc.: City Road, Paved Road
- Lot Features: Bulkhead/Seawall, Covenants, Interior, Restrictions, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Water Features
- Water Front Type: Canal, Unit Waterfront
Financial Considerations
- Assessment Amount: $473
- Assmt Payment Freq: Annually
- Tax Amount: $14,209
- Tax Year: 2024
- Terms: Conventional
Disclosures and Reports
- Legal Description: HOLIDAY ISLE LOT 45 BLK E
- Assessment: Yes
- APN: 00-2S-24-2186-000E-0450
Listed by Scenic Sotheby's International Realty
Sold by Dream Destin Realty PLLC
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Schools
Schools serving 615 Magnolia 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 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 9.1 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 615 Magnolia Dr
Date
Details
Price
Change
Source
10/14/2025
Sold
$2,000,000
0.05%
MLS
9/29/2025
Listed
$1,999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
615 Magnolia Drive, Destin, FL 32541 (MLS# 986428) is a Single Family property that was sold at $2,000,000 on October 14, 2025. Want to learn more about 615 Magnolia 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.

