This lot measuring 83 feet along Tranquility Lane in Destiny East is one of only a handful of lots in the neighborhood to provide potential for views of the Gulf from the second and third levels of your future home. This prestigious lot backs up to Scenic Gulf Drive which creates a southeastern view corridor to the Gulf and the lot shape allows for impressive frontage of a home and pool. A local vacation rental company estimates the annual rental income of a 5-bedroom home designed to capture views of the Gulf from its second and third levels built on this lot to be between $85K and $95K. Architectural drawings for such a home to be built on this lot have already been developed and a survey has been conducted. Destiny East is one of the most desirable neighborhoods in Destin and offers luxurious amenities that include a fully-staffed club house complete with great room, kitchen and bar area for hosting events and gatherings, a private theater, fitness center with shower and restroom facilities as well as a large, heated lagoon pool, spa, re-surfaced and lighted tennis courts, basketball courts, putting green, playground, barbecue and picnic area as well as walking paths throughout its gated grounds. This is an ideal investment or personal-use property. The co-listing broker/salesperson has ownership interest in the property. The seller is a licensed Florida Realtor. Listing Broker/Salesperson has ownership interest in the property.
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*May not reflect current interest rates and is intended for educational/information purposes only. All figures are hypothetical and should not be relied upon in any way.
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This $340,900 Land at 26 TRANQUILITY LN in DESTIN, FL is listed by Erin Oden . This $340,900 Land, located in the 32541 zip code , has the following property features: Pets Allowed, Tennis Facilities, Home Owner Asso., Tennis. This 26 TRANQUILITY LN Land, located in Walton County, is listed under MLS listing number 586240, has beds, 0 baths, and has a listing price of $340,900. You can find more of Erin Oden's listings by browsing Erin Oden homes for sale at HomesAndLand.com, or even more DESTIN homes for sale here.