$1,695,000

503 Regatta Bay Blvd Destin, FL 32541

Estimated payment $10,411/month

Total Views 6,724
4 Beds
4.5 Baths
3,340 Sq Ft
$507 Price per Sq Ft

Highlights

  • Marina
  • Lake Front
  • Screened Pool
  • Destin Elementary School Rated A-
  • On Golf Course
  • Fishing

About This Home

It's all about the VIEW! 503 Regatta Bay Blvd is located lake front on the 16th tee (no golf balls hit your house) in the prestigious Regatta Bay Lakes neighborhood. An excellent home for entertaining with 20' ceilings, wide open spaces, a grand staircase, disappearing sliding glass doors that open on to the screened in pool lanai with hot tub, built in outdoor kitchen, and plenty of room for seating that allows for al fresco dining while you watch the sunset and fireworks 3 times a year bug free. The pool bathroom helps keep water contained outside and comes with a shower to wash off the sand from the beach only 1.5 miles away. There are door alarms for peace of mind with little ones too. This multigenerational home offers 2 large primary suites on the main level, one has 2 large walk in closets with built in closet organizers and the other is ADA compliant and also has a large walk in closet that fits a wheel chair. Both suites have sliding glass doors that open on to the screened in porch and oversized bathrooms with tons of storage. A dedicated office with built ins and a sitting area owners are currently using as a dining room space complete the main floor. ( Large laundry room with picture window and tons of storage off the 2 car garage complete the main floor). Upstairs covered lanai has amazing views of the golf course, lakes, and sky line and is perfect for reading a book or relaxing. There are 2 additional bedrooms upstairs, one with an attached full bath and a versatile 4th bedroom that functions perfectly as a studio apt with a new quartz bar top with seating and storage, a kitchenette to include a small sink, 2 mini fridges and a dishwasher. (think college kid who moves back in, a great space for an older teen or an amazing guest suite) or media room as owners currently use the space, great for watching the game with friends and family. The bunkroom could be a massive walk in closet or an ensuite bathroom depending on the next families needs. Tile floors downstairs are easy to keep clean (sand), carpet only on stairs and landing, and newly installed real hardwood floors in upstairs 3rd bedroom, 4th bedroom/media room and bunkroom. Too many updates to list (full list is attached) to include 2 new HVAC units, new hot water heater, new pool pump, new quartzite in kitchen, quartz in laundry room and 4th bedroom suite/media room, granite installed for outdoor built in bbq with tile backsplash wall for easy clean up, interior recently painted, new ceiling fans, 8 new screen panels replaced after SNOW! Owners also have a 4 point inspection report dated 10/2024 for low home insurance available. There is a Generac whole home generator, 2 termite bonds and a charger for an electric car out front on the side of the home. Regatta Bay is a private gated community, no short term rentals, within walking distance to shopping, dining, Whole Foods, Destin Middle School, Lulu's, Legendary Marina, and the beautiful Destin beaches. A perfect oasis, #1 in safest community in the area. Come experience the Regatta Bay lifestyle and make 503 Regatta Bay your home today. Video is available on YOU TUBE, look up by address.

Listing Agent

Erin Treadwell

Mainsail Realty Company License #3030468

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,733

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 105.89x185.26x33.25x180.2
  • Lake Front
  • Home fronts a seawall
  • Property fronts a private road
  • Coastal Barrier Zone
  • On Golf Course
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2.5 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Newly Painted Property
  • Exterior Columns
  • Frame Construction
  • Slate Roof
  • Roof Vent Fans
  • Vinyl Trim
  • Stucco

Interior Spaces

  • 3,340 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Shelving
  • Woodwork
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Great Room
  • Family Room
  • Breakfast Room
  • Dining Area
  • Home Office
  • Bonus Room
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Spa
  • Gunite Pool

Outdoor Features

  • Bulkhead
  • Balcony
  • Open Patio
  • Built-In Barbecue

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2089-000B-0540

Community Details

Overview

  • Association fees include accounting, ground keeping, land recreation, management, recreational faclty, security
  • Regatta Bay Ph 2 Subdivision
  • The community has rules related to covenants

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,733

Year Built

Built in 2004

Lot Details

0

HOA Fees

$325 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 105.89X185.26X33.25X180.2
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: REGATTA BAY PH 2
  • Directions: From Hwy.98 turn North into Regatta Bay. Pass through the guard gate and continue past the clubhouse. Home will be on the left.
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Floor Hardwood, Floor Tile, Floor WW Carpet
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Fireplace 2+, Fireplace Gas, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Pull Down Stairs, Shelving, Split Bedroom, Wet Bar, Woodwork Painted
  • Window Features: Plantation Shutters, Window Treatment All, Double Pane Windows
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Appliances:StoveOven Gas: Yes
  • Appliances:Security System: Yes
  • Appliances:Wine Refrigerator: Yes
  • Appliances:Oven Double: Yes

Exterior Features

  • Lot Features: Bulkhead/Seawall, Covenants, Golf Course, Irregular
  • Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Trim Vinyl
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Hot Tub, Patio Covered, Patio Open, Pool - Enclosed, Pool - Gunite Concrt, Porch Screened, Satellite Dish, Sprinkler System
  • Foundation Details: Slab
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Stucco: Yes
  • Lot Features:BulkheadSeawall: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • ConstructionSiding:Frame: Yes
  • Lot Features:Golf Course: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • Lot Features:Irregular: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump Air To Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Phone, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Gated Community, Golf, Marina, Pets Allowed, Playground, Pool, Tennis
  • Association #2 Fee: 975.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Land Recreation, Management, Recreational Faclty, Security

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-2089-000B-0540
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: Yes

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,733 $787,547 -- --
2023 $7,733 $764,609 $0 $0
2022 $7,572 $742,339 $0 $0
2021 $7,595 $720,717 $0 $0
2020 $7,549 $710,766 $0 $0
2019 $7,485 $694,786 $0 $0
2018 $7,441 $681,831 $0 $0
2017 $6,386 $579,309 $0 $0
2016 $6,212 $567,394 $0 $0
2015 $6,367 $563,450 $0 $0
2014 $6,401 $558,978 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 For Sale $1,695,000 +103.0% $507 / Sq Ft
04/30/2023 04/30/23 Off Market $835,000 -- --
03/10/2017 03/10/17 Sold $835,000 0.0% $250 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $835,000 -- $250 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $835,000 Mcneese Title Llc
Warranty Deed $153,000 Advance Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $431,100 No Value Available
Closed $600,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 968579

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2089-000B-0540