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3491 Scenic Highway 98, Destin, FL 32541

GRAND PALMS S/D · Okaloosa County

Key Facts

9Beds
10Baths
6,008Sq Ft
2005Year Built
0.25Lot (acres)
2Garage

Description

This extraordinary nine-bedroom estate offers a rare blend of architectural presence and resort-style amenities with commanding views of the Gulf and a serene coastal lake. Positioned directly across from a sprawling beach access, the home captures sweeping vistas of sugar-white sand and emerald waters from multiple levels, while the rear elevation opens to a tranquil tropical lake backdrop creating a truly unique experience. Extensively renovated and professionally designed, the residence spans approximately 6,000 square feet combining lasting quality with refined coastal style. Designed for both luxury living and exceptional rental performance, the home comfortably accommodates large groups with seven private suites and two expansive bunk rooms thoughtfully integrated into a highly functional floor plan. The first level is tailored for entertaining and guest privacy, featuring two king suites, two oversized bunk rooms with custom queen-over-queen accommodations, a shared bath, laundry area, and a secondary living space with wet bar that opens seamlessly to the pool deck. Outdoors, a resort-style heated pool anchors the experience, complemented by a covered summer kitchen, bar seating, and ample lounge space overlooking the lake ideal for gathering after a day at the beach. The second level serves as the heart of the home, where an expansive open-concept living, dining, and kitchen area is framed by panoramic Gulf views and extends onto a generous covered balcony. The chef's kitchen is equipped with premium appliances, custom cabinetry, a large center island, and walk-in pantry, designed to accommodate both everyday living and large-scale entertaining. Two additional guest suites with private baths complete this floor, along with convenient access to the outdoor living areas below. The top level features three well-appointed bedrooms, including dual primary suites with private balconies, spa-inspired bathrooms, and elevated Gulf views. A third king suite and additional laundry complete the level, offering comfort and privacy for owners and guests alike. A commercial-grade elevator services all floors, ensuring effortless accessibility throughout. Additional highlights include multiple indoor and outdoor living areas, surround sound, ample parking for up to eight vehicles including a two-car garage, and strong income-producing potential in a highly sought-after coastal corridor. With its commanding presence, thoughtful design, and unparalleled proximity to the beach, this exceptional property represents a rare opportunity to own a true legacy home along Scenic Highway 98.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Mediterranean

Year Built

2005

Living Area

6,008 sq ft

Lot Size

0.25 acres

Lot Dimensions

62'x135'x68'x40'x175'

Garage Spaces

2

Parking Spaces

8

Zoning

Resid Single Family

Days on Market

19

MLS® Listing#

1001394

Property Features

Interior

BookcasesCrown MoldingVaulted Ceiling(s)Kitchen IslandRecessed LightingWet BarElevator

Exterior

BalconyPrivate YardOutdoor ShowerOutdoor Kitchen

Appliances

DishwasherDisposalDryerMicrowaveRefrigeratorWasherGas Oven

Cooling

Central AirCeiling Fan(s)Electric

Heating

Natural Gas

Flooring

Tile

Pool

In GroundPrivate

Parking

Garage

Patio

PorchPatioCovered

Fencing

Partial

Lot Features

See Remarks

Construction

Stucco

Foundation

Slab

Roof

Slate

Windows

Window Treatments

Security

Smoke Detector(s)

Community

PoolTennis Court(s)

Utilities

Natural Gas AvailableCable AvailableElectricity Available

Sewer

Public Sewer

Water Source

Public

Rooms

  • 7.3 x 5.6First
  • 6.5 x 4.1First
  • 18.3 x 9.5First
  • 8.4 x 2.11Second
  • 20.3 x 19.2Second
  • 6.8 x 5.5Third
  • 9.4 x 4.3Second
  • 9.6 x 9.1First
  • 14.1 x 9.5First
  • Bedroom15.2 x 12.9Third
  • Bedroom12.8 x 11.1First
  • Bedroom15.1 x 13.8Second
  • Bedroom12.1 x 11.2First
  • Family Room15.1 x 12.1First
  • Kitchen14.1 x 11.7Second
  • Living Room19.9 x 19.1Second
  • Master Bathroom12.7 x 10.1Third
  • Master Bathroom12.7 x 10.1Third
  • Master Bedroom20.4 x 19.1Third
  • Master Bedroom20.4 x 19.1Third

Schools

Elementary:
Destin
Middle:
Destin
High:
Fort Walton Beach

Financial Details

Annual Taxes

$51,110

Tax year 2025

Assessed Value

$3,550

Parcel Number

00-2S-22-0541-0000-0100

Directions

From Highway 98, head south onto Hutchinson Street. Take a left onto Scenic 98. After roughly a mile, 3491 Scenic Highway 98 will be on the left, adjacent to a vacant lot.

Affordability Calculator

$936,000

Estimated monthly payment

$24,909/mo

Principal $3,744,000 · Est. interest $5,223,213 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Destin, FL

$639,560
Median Listing Price
115
Median Days on Market
1,500
Median Sq Ft
$460
Median Price / Sq Ft
708
Active Listings
  • This home’s price is 632% above the area median.
  • Its price per sq ft is 69% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Destin, FL.

Location

Map showing the location of 3491 Scenic Highway 98, Destin, FL 32541

Points of Interest in Destin, FL

Showing the Destin area map.

Nearby Schools

  • Destin Middle School

    Secondary · 1.5 mi away

  • Destin High School

    Secondary · 2.0 mi away

  • Gateway Academy

    School · 3.4 mi away

  • Asheford Institute of Antiques

    School · 4.6 mi away

  • Destin Elementary School

    Elementary · 5.0 mi away

  • Bluewater Elementary School

    Elementary · 7.6 mi away

  • Naval School Explosive Ordnance Disposal

    School · 8.5 mi away

  • Niceville Head Start

    School · 9.0 mi away

  • Emerald Coast Middle School

    School · 9.0 mi away

  • Van R Butler Elementary School

    Elementary · 9.0 mi away

  • Addie R Lewis School

    Elementary · 9.1 mi away

  • St. Paul Lutheran Church and School of Niceville

    School · 9.5 mi away

  • James E. Plew Elementary School

    Elementary · 9.6 mi away

  • Niceville High School

    Secondary · 9.8 mi away

  • Ashnick Academy

    School · 9.8 mi away

  • Eglin Elementary School

    Elementary · 9.9 mi away

  • Emerald Coast Autism Center

    School · 10.4 mi away

  • Niceville High School

    Secondary · 10.4 mi away

  • Kids Discovery

    School · 10.4 mi away

  • C. W. Ruckel Middle School

    Secondary · 10.5 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
4553 Luke Avenue, Destin, FL$3,450,000984,510
4451 Luke Avenue, Destin, FL$3,550,000894,476
90 Pompano Street, Destin, FL$3,600,000894,628
65 Tarpon Street, Destin, FL$3,800,0008104,556
65 Cobia Street, Destin, FL$3,800,000894,810
89 Shirah Street, Destin, FL$3,999,000895,753

Moving Cost Estimate

EXIT Agents in Destin

Listing Courtesy: Scenic Sotheby's International Realty - casey@scenicsir.com

IDX property data is provided exclusively for consumers’ personal, non-commercial use, and IDX data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS. IDX data provided by the Emerald Coast Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by EmeraldCoast. MLS® Listing#1001394. © 2026EXIT Realty®. All rights reserved.