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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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612 Magnolia Dr , Destin, FL 32541
$4,500,000
Est. Payment: $22,823.15/mo
4 Bed
5 Bath
6104 Sqft
Status: active | Days on site: 107
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

NEW LISTING! Welcome to 612 Magnolia Drive, an exceptional waterfront estate oriented on the deep waters of the scenic harbor of Holiday Isle, an exclusive, and very rare, beach and boating enclave in Destin, Florida. This furnished deep-water residence on the canal yields ±6,000 square feet of luxuriously renovated living space, containing 4 bedrooms and 4.5 bathrooms, and an extraordinary combination of design, quality, craftsmanship, and functionality throughout. The expansive layout is enhanced by soaring ceilings and floor-to-ceiling windows that naturally illuminate the home while offering breathtaking waterfront vistas. Interior features include an elevator, dual laundry rooms, quartz countertops, custom cabinetry, Viking appliances, automated window treatments, Kinetico water softener, reverse osmosis drinking system, and tankless water heaters. The outdoor living area offers expansive entertaining spaces, a dock with 16,000-pound boat lift, and a heated saltwater pool that seamlessly integrates its indoor comforts with Destin's quintessential waterfront lifestyle. The rooftop deck, accessible by both elevator and spiral staircase, captures breathtaking 360° panoramic views of the Gulf of America, the Destin Harbor, Intracoastal Waterway, and Choctawhatchee Bay; the perfect vantage point for year-round sunrises and sunsets. The residents of Holiday Isle enjoy two private, gated points of access to the world-class beach, extremely reasonable annual Association dues of only $593.00 [currently] for 2025, and a lifestyle defined by convenience and proximity and access to sugar white sand beaches, world-class boating, fishing, dining, and shopping along the Emerald Coast of Northwest Florida. Destin's newest Publix just opened, within a 5-minute drive from Holiday Isle on Main Street. Please note documents available under the "Documents" tab. Private showings are by scheduled appointment only with a minimum (24)-hours of required advanced notice. The listing broker(s) must accompany all showings.

Highlights

Listed by John Paul Somers , 850-654-7777 and Rachael A Earley , 850-225-6478 Somers & Company , 850-654-7777. Emerald Coast Multiple Listing Services

Property Type

Residential

HOA Fee

593 Annually

Year Built

2004

County

Okaloosa

Area

14 - Destin

Neighborhood

Holiday Isle

Listing ID

987848

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:5
  • Full Bathrooms:4
  • 1/2 Bathrooms:1
Appliances:Auto Garage Door Opn, Central Vacuum, Dishwasher, Disposal, Microwave, Oven Double, Refrigerator W/IceMk, Stove/Oven Gas, Water Heater - Tnkls
Air Cond:Central Air
Fireplaces:
Floor:Floor Tile
Other:
  • Additional:Ceiling Raised, Elevator, Kitchen Island, Lighting Recessed, Newly Painted, Pantry, Washer/Dryer Hookup

Exterior Features

Lot:Covenants,Level,Restrictions,Survey Available,Within 1/2 Mile to Water,Canal
Lot Dimensions:80 x 130
Zoning:Resid Single Family
Others:
  • Additional:Balcony, Boat Slip, Dock, Sprinkler System, Deck Open, Patio Open
Sewer:Public Sewer
Parking Features:Garage,Boat,Golf Cart Covered
Principal Interest
$22,823
Taxes
$2,869
HOA
$593

Home Price

$4,500,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$900,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$22,823.15

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $22,823.15 $2,868.75 $593.00 $26,284.90
Yearly $273,877.81 $34,425.00 $7,116.00 $315,418.81
Total $8,216,334.34 $1,032,750.00 $213,480.00 $9,462,564.34

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Destin, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T07:16:22.000Z

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