$5,000,000
601 MAGNOLIA Drive, Destin, FL 32541
Holiday Isle
- Price
- $5,000,000
- Beds / Baths
- 5 / 6
- Living area
- 5,454 sqft
- Year built
- 2017
- Type
- Residential
- Lot
- 0.46 ac
- Garage
- 4
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Okaloosa
- Days on market
- 1
- Elementary
- Other
- Middle
- Other
- High school
- Other
Discover your luxury living lifestyle in beautiful Destin, Florida! This stunning waterfront pool home offering ample room for family and guests. Spanning 5,454 square feet. This home is perfectly situated on a generous 0.46-acre lot, just minutes from the beach. Experience modern convenience with a four-car garage, an elevator for easy access, and a reliable generator. Boating enthusiasts will appreciate the deep-water boat slips and a dock that can accommodate vessels that are a 100 feet & multiple boat lifts. Enjoy nearby shopping and dining options within a short five-minute drive, making this location ideal for a vibrant lifestyle. Don't miss the chance to own this remarkable home that combines luxurious living.
What to check on this one
- Verify flood zone designation and elevation certificate—waterfront property requires FEMA map confirmation
- Confirm generator maintenance records and fuel system condition for reliability
- Inspect dock, boat slips, and lift structural integrity and permitting compliance
- Review pool equipment age, maintenance history, and any outstanding repair needs
- Obtain elevator inspection certificate and service contract details
- Verify four-car garage door openers and any structural settlement issues
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $4,000,000 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of PENINSULA PROPERTIES REALTY INC. Data via realMLS (Northeast Florida MLS), updated Jun 13, 2026, 1:22 AM.
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