48 Tranquility Lane, Destin, FL 32541

$1,995,000 Asking Price

5 beds
4 baths
3,430  sqft
Built in 2005

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. The first floor showcases an open-concept layout with a chef's kitchen featuring exotic granite countertops, flowing seamlessly into a spacious living room complete with a flat-screen TV and fireplace. The dining area overlooks the private courtyard and pool, creating an ideal setting for entertaining or relaxing. This level also includes a laundry room, a bedroom with full-size bunk beds, and a half bathroom. On the second floor, two expansive primary suites await, each with king-sized beds and private ensuite bathrooms. The primary suite above the garage also includes a cozy sitting area with a sectional and a queen sofa sleeper. Two additional bedrooms, one with two queen beds and another with a king bed, provide ample and flexible accommodations. Professionally decorated with custom furnishings and meticulous attention to detail, the home exudes sophistication. High-speed internet ensures seamless connectivity, while an additional refrigerator in the garage adds practicality. Outside, the home's extensive living spaces and extraordinary pool area offer endless opportunities for relaxation and entertainment. Situated just across the street from the beach and a short distance from Club Destiny, the property provides access to a wealth of community amenities, including a state-of-the-art clubhouse, fitness center, seasonally-heated swimming pool, tennis and basketball courts, a putting green, a children's playground, and even a private 25-seat IMAX theater. Located in one of the most sought-after neighborhoods, 48 Tranquility Lane combines luxury, privacy, and convenience. Whether lounging in the secluded courtyard, enjoying the nearby white-sand beaches, or exploring the exceptional amenities of the area, this home offers the ultimate coastal lifestyle. Contact us today for rental projections & cost-to-own figures.

Features & Amenities

Interior

General:
Breakfast Bar, Fireplace, Furnished - All, Washer/Dryer Hookup, Window Treatment All
Appliances:
Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer

Exterior

General:
Balcony, BBQ Pit/Grill, Columns, Fenced Lot-Part, Fireplace, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground, Porch Open, Shower, Summer Kitchen
Style:
Beach House
Pool:
Pool Type
Parking:
Garage, Guest

Construction

General:
Frame, Roof Tile/Slate, Slab, Stucco, 2

Location

Road/Access:
Paved
HOA Amenities:
Management, Master Association, Recreational Faclty, 850.0, Quarterly
Golf:
BBQ Pit/Grill, Beach, Community Room, Fishing, Gated Community, Pets Allowed, Picnic Area, Pool, Tennis
Originating MLS:
Emerald Coast Association of REALTORS®
County:
Okaloosa

Lot

Zoning:
Resid Single Family, 00-2S-22-0072-0000-0150

Utilities

Utilities:
Public Sewer, Public Water, TV Cable

Financial

Source:
Emerald Coast Association of REALTORS®

This listing courtesy of:
Compass, Spears Group

About Destin, FL

Housing

Number of Units
14,008
Median Home Value
$415,874
Median Rent
$1,462

34.24% of housing units are renter occupied.

41.09% are vacant.

Commute

Car
57.89%
Public Transportation
0.41%
Walk to Work
0.79%
Work from Home
40.08%
Other
0.53%

The median travel time to work is 15 minutes.

People

Population
17,901
Median Age
42.20
Median Household Size
2.53

Education

High School
17.24%
Associate’s Degree
10.87%
Bachelor’s Degree
30.55%
Graduate Degree
15.55%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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