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$3,600,000

  • For Sale
  • Active
  • Single Family
  • 6 Beds
  • 5 Full Baths
  • 1 Partial Bath
  • 5,394 Sq. Ft.
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New Construction - Just completed. Stunning brand new luxury home in walkable Gulf Breeze Proper! This 6-bedroom, 5.5-bath, 5,394 sq ft custom-designed residence is an entertainer's dream, blending timeless design with high-end features and cutting-edge technology. The chef's eat-in kitchen features Thermador & Sub-Zero appliances and an abundance of custom cabinetry. A caterer's scullery kitchen and pantry keeps the main space guest-ready, while a wine-forward home bar with ice maker and dishwasher adds a touch of sophistication. Retreat to the primary suite with automated drapes, drop down TV, and stunning view of the butterfly garden. Spa-style bath complete with chromatherapy freestanding tub. Extra large laundry room, Screened lanai includes a heated plunge pool with waterfall and fountain sprays, Skylights over pool, gas fire pit, all surrounded by extensive garden-style landscaping. Private elevator for convenience and accessibility to the second floor can become a full mother-in-law suite (plumbed for future kitchen) or lots of storage or 6th bedroom with ensuite bath and lots of storage. Whole house generator and so much more.

Full Property Details for 509 Dracena Way

General

  • Price: $3,600,000
  • Status: Active
  • Type: Single Family
  • Source: Pensacola
  • MLS ID: 674458
  • Updated: 12/4/2025
  • Added to Site: 45 day(s) ago

Interior

  • Interior Features: Storage, Baseboards, Ceiling Fan(s), Crown Molding, Elevator, High Ceilings, High Speed Internet, Wet Bar, Smart Thermostat, Bonus Room, Gym/Workout Room
  • Fireplace: Yes
  • Appliances: Water Heater, Tankless Water Heater/Gas, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Double Oven, Refrigerator, Oven
  • Flooring: Hardwood, Tile, Simulated Wood

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 6
  • Bedroom 1: 14.416666666 x 12.5, First Level, 180.2083 Sq. Ft.
  • Bedroom 2: 14.833333333 x 15.8333333, First Level, 234.8611 Sq. Ft.
  • Bedroom 3: 15.083333333 x 1510, First Level, 22,775.8333 Sq. Ft.
  • Bedroom 4: 10.416666666 x 12, First Level, 125 Sq. Ft.
  • Bedroom 5: 12.833333333 x 1210, Second Level, 15,528.3333 Sq. Ft.

Other Rooms

  • Kitchen: Not Updated, Desk, Kitchen Island, Pantry, 21.333333333 x 25.1666666, First Level, 536.8889 Sq. Ft.
  • Dining Room: Kitchen/Dining Combo
  • Laundry: Inside, W/D Hookups, Laundry Room

Additional Information

  • Pool Description: Gunite, Heated, Screen Enclosure
  • Spa: Yes
  • Security/Safety: Security System, Smoke Detector(s)

Exterior

  • Exterior Features: Balcony, Fire Pit, Irrigation Well, Sprinkler, Rain Gutters
  • Deck/Patio: Lanai, Porch, Screened

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: 2 Car Garage, Circular Driveway, Courtyard Entrance, Oversized, Garage Door Opener

Location

  • County: Santa Rosa
  • Subdivision: Gulf Breeze Park
  • Driving Directions: Travel South onto Bayfront Parkway 3.9 miles across the bridge. Turn right onto Fairpoint Dr. Turn left onto Silverthorn Rd. Turn right onto Dracena Way. House is on the right 450 ft ahead.

School Information

  • Elementary School: Gulf Breeze
  • Middle School: GULF BREEZE
  • High School: Gulf Breeze

Heating & Cooling

  • Cooling Type: Multi Units, Heat Pump, Ceiling Fan(s)
  • Heating Type: Multi Units, Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Mediterranean
  • Construction: Frame
  • Roof: Hip, Metal
  • Stories/Levels: 1
  • Square Feet: 5,394
  • Year Built: 2025
  • Property Condition: Under Construction

Lot Features

  • Lot Size (Acres): 0.51
  • Street/Road Desc.: Paved
  • Road Maintenance: Public Maintained Road
  • Lot Features: Central Access, Interior Lot
  • Zoning: Res Single
  • Fencing (Description): Back Yard, Privacy

Financial Considerations

  • Price Per Sq. Ft.: $667.41

Disclosures and Reports

  • Property ID: 053S291570014000090

Listed by Levin Rinke Realty

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Listing agent

— 509 Dracena Way —

  • Levin Rinke Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 509 Dracena Way

School District:Santa Rosa County School District
NameGradesDistance
Gulf Breeze Elementary School
549 Gulf Breeze Parkway, Gulf Breeze, FL 32561
PK-50.3 mi
Gulf Breeze Middle School
649 Gulf Breeze Parkway, Gulf Breeze, FL 32561
6-80.3 mi
Gulf Breeze High School
675 Gulf Breeze Parkway, Gulf Breeze, FL 32561
9-120.3 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 509 Dracena Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/03/2025
Listed
$3,600,000
585.71%
MLS
11/28/2022
Sold
$525,000
—
Public Record
Get Price Alerts and Save Property
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 for 509 Dracena Way

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,070
-42%
$230,000
-41%
2023
$5,284
26%
$390,351
30%
2021
$4,194
-11%
$300,178
-18%
2022
$4,688
12%
$364,288
29%
2021
$4,194
28%
$281,470
25%
2018
$3,267
7%
$224,665
5%
2017
$3,058
10%
$213,087
15%
2016
$2,775
-23%
$185,674
-25%
2019
$3,594
29%
$247,132
36%
2015
$2,781
2%
$181,665
—
2014
$2,721
12%
$182,461
19%
2013
$2,423
—
$152,837
—
View All
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 for 509 Dracena Way

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NMLS#: 1598647

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Listed by Levin Rinke Realty

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Listed by Carol Brown Family Real Estate Pa
Sold by Levin Rinke Realty

509 Dracena Way, Gulf Breeze, FL 32561 (MLS# 674458) is a Single Family property with 6 bedrooms, 5 full bathrooms and 1 partial bathroom. 509 Dracena Way is currently listed for $3,600,000 and was received on December 03, 2025. Want to learn more about 509 Dracena Way? Do you have questions about finding other Single Family real estate for sale in Gulf Breeze? You can browse all Gulf Breeze real estate or contact a Coldwell Banker agent to request more information.

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