48 Tranquility Lane

Destin, FL 32541

$1,995,000
Price
5
Beds
3
Baths
1
1/2 Bath
3,430 Sq. Ft.
$582 / Sq. Ft.
3,430
Sq. Ft.
$582
per Sq. Ft.

Description

48 Tranquility Lane is an exceptional coastal retreat offering 5 bedrooms, 3.5 bathrooms, and over 3,400 square feet of thoughtfully designed living space, making it perfect for families and guests to enjoy. This stunning property features one of the most impressive private pools in the area, complete with a spillover spa, a picturesque footbridge, and a 6-foot privacy fence, ensuring a secluded outdoor oasis like no other. Recent updates, including new hardwood flooring, fresh paint, modernized...48 Tranquility Lane is an exceptional coastal retreat offering 5 bedrooms, 3.5 bathrooms, and over 3,400 square feet of thoughtfully designed living space, making it perfect for families and guests to enjoy. This stunning property features one of the most impressive private pools in the area, complete with a spillover spa, a picturesque footbridge, and a 6-foot privacy fence, ensuring a secluded outdoor oasis like no other. Recent updates, including new hardwood flooring, fresh paint, modernized mattresses, and a high-efficiency pool heater, further enhance its luxury and comfort. This home has $155,000 + booked in 2024 with rental income ranging from $150K-225k annually in gross rental history.

Listing Agents

  1. Spears Group

    Spears Group

    Listing Agent

    Compass

    spearsgroup@compass.com

    P: (850)-710-2114

  2. Jonathan Spears

    Jonathan Spears

    Listing Agent

    Compass

Property Details for 48 Tranquility Lane

Subdivision
Destiny East
MLS Sub Area
1404 - Destin Beach East
Zoning
Resid Single Family
LISTING UPDATED: 01/04/2025 10:53 AM

Property Details for 48 Tranquility Lane

StatusActive
MLS #965644
Days on Market2
Taxes$16,724 / year
HOA Fees$850 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built2005
Lot Size0.21 AC / 9,147 SF
CountyOkaloosa County

Building Information for 48 Tranquility Lane

Stories2Year Built2005Building Size-Lot Size0.21 AC / 9,147 SF

Property Information for 48 Tranquility Lane

Summary
Location and General Information
  • Absolute Longitude: 86.403321
  • Directions: Just East of the Crab Trap Restaurant on Scenic Hwy 98. Turn North into Destiny East. Take the first left and home is the first house on the left.
  • Longitude: -86.403321
  • Latitude: 30.38183
Taxes and HOA Information
  • Assessment Fees: Yes
  • Assessment Paid: Quarterly
  • Fees Include: Management,Master Association,Recreational Faclty
  • Last Tax Year: 2023
  • Assessment Amount: $850
School Information
  • Elementary School: Destin
  • High School: Destin
  • Middle School: Destin
Utilities
  • Utilities: Public Sewer,Public Water,TV Cable
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage,Garage Attached,Guest
Property
Parking
  • Carport YN: No
  • Driveway Spaces: 4.0
Lot Information
  • Stories: 2.00
  • Area: 14 - Destin
  • Building Design: Beach House
  • Lot Dimensions: 75x120
  • Lot Features: Within 1/2 Mile to Water
  • Lot Parcel Access: Paved Road
Property and Assessments
  • Project Facilities: BBQ Pit/Grill,Beach,Community Room,Fishing,Gated Community,Pets Allowed,Picnic Area,Pool,Short Term Rental - Allowed,Tennis
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Exterior: Balcony, BBQ Pit/Grill, Columns, Fenced Lot-Part, Fireplace, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground, Porch Open, Shower, Summer Kitchen
  • Pool: Yes
  • Pool Type: Private
Interior Features
  • Appliances: Cooktop,Dishwasher,Dryer,Microwave,Range Hood,Refrigerator,Washer
  • Energy: AC - High Efficiency
  • Interior: Breakfast Bar, Fireplace, Furnished - All, Washer/Dryer Hookup, Window Treatment All
Room Information
Room Information
  • Bedroom: Second
  • Living Room: First
  • Master Bedroom: Second
  • Master Bedroom and Master Bathroom: MBath Double Vanity,MBath Garden Tub
  • Rooms: Bedroom,Dining Area,Full Bathroom,Garage,Half Bathroom,Kitchen,Laundry,Living Room,Master Bathroom,Master Bedroom,Office,Separate Apartment
Bathroom
  • Full Bathroom: Second
Kitchen
  • Kitchen: First
Room 1
  • Dimensions: 29 x 19.5
  • Length: 29.0
  • Width: 19.5
  • Level: 1
  • Area: 565.5
Room 2
  • Dimensions: 14.5 x 9.5
  • Length: 14.5
  • Width: 9.5
  • Level: 1
  • Area: 137.75
Room 3
  • Dimensions: 13 x 11
  • Length: 13.0
  • Width: 11.0
  • Level: 1
  • Area: 143.0
Room 4
  • Dimensions: 10.5 x 7
  • Length: 10.5
  • Width: 7.0
  • Level: 1
  • Area: 73.5
Room 5
  • Dimensions: 6 x 5.5
  • Length: 6.0
  • Width: 5.5
  • Level: 1
  • Area: 33.0
Room 6
  • Dimensions: 7.5 x 5.5
  • Length: 7.5
  • Width: 5.5
  • Level: 1
  • Area: 41.25
Room 7
  • Dimensions: 15 x 11
  • Length: 15.0
  • Width: 11.0
  • Level: 2
  • Area: 165.0
Room 8
  • Dimensions: 15 x 5.5
  • Length: 15.0
  • Width: 5.5
  • Level: 2
  • Area: 82.5
Room 9
  • Dimensions: 13 x 11
  • Length: 13.0
  • Width: 11.0
  • Level: 2
  • Area: 143.0
Room 10
  • Dimensions: 22 x 13
  • Length: 22.0
  • Width: 13.0
  • Level: 2
  • Area: 286.0
Room 11
  • Dimensions: 15.5 x 11
  • Length: 15.5
  • Width: 11.0
  • Level: 2
  • Area: 170.5
Room 12
  • Dimensions: 26 x 23
  • Length: 26.0
  • Width: 23.0
  • Level: 2
  • Area: 598.0
Room 13
  • Dimensions: 26 x 23
  • Length: 26.0
  • Width: 23.0
  • Level: 1
  • Area: 598.0
Rental
Rental Information
  • Is Subject Leased: No

Property History for 48 Tranquility Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 48 Tranquility Lane

Taxable ValueLand$589,061Additions$1,205,272Total$1,794,333
Tax Record2024$18,480 ($1,540 / month)
Home Facts
Beds5Total Finished SqFt3,430 SqFtAbove Grade Finished SqFt3,430 SqFtStories2Lot Size8,998 SqFtStyleSingle Family ResidenceYear Built2005CountyOKALOOSAAPN00-2S-22-0072-0000-0150Fireplace TypeHas Fireplace

Schools near 48 Tranquility Lane

This home is within Okaloosa.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Destin Elementary School
PublicPK to 4

Destin Middle School
Public5 to 8

Fort Walton Beach High School
Public9 to 12

Destin High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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48 Tranquility Lane is a single family home for sale in Destin, FL 32541. This property was listed for sale on January 4, 2025 by Compass, it's currently listed at $1,995,000. It has been on the market for a total of 2 days and was last sold on August 13, 2014. This listing's school district is Okaloosa. Nearby schools include Destin Elementary School, Destin Middle School and Fort Walton Beach High School. 48 Tranquility Lane is a 5-bed, 3.5-bath, 3,430 sqft single family home built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.