4505 Sawgrass Way, Destin, FL 32541
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
4505 Sawgrass Way,Destin, FL 32541
$2,425,000
- 0.48 Acres
- Lots / Land
- Active
Listed by: mary a stephens, greg bahr
Office: the mary stephens team
MLS#:998586
Source:FL_ECAR
Price summary
- Price:$2,425,000
- Monthly HOA dues:$299.67
About this home
Rare Bay front homesite in Kelly Plantation - A Once-in-a-Lifetime Opportunity!
We are proud to present one of the last remaining Bay front homesites from the original Kelly Plantation master plan--located within one of Destin's most prestigious gated golf and tennis communities. This is the one of the last available waterfront lots ideally positioned on a quiet cul-de-sac along Sawgrass Way and surrounded by beautifully crafted luxury homes.
This exceptional property offers breathtaking, unobstructed views of the Choctawhatchee Bay without interference from the Mid-Bay Bridge. It provides the perfect canvas to design and build your custom dream home, tailored entirely to your vision and lifestyle. With 102 feet of direct Bay frontage, the homesite can accommodate a substantial estate residence in the range of 4,000 to 6,500 square feet (subject to HOA guidelines). A new vinyl seawall, that is currently being completed by a licensed marine contractor at a cost of approximately $50,000, further enhances the property's value and readiness for development.
Kelly Plantation is renowned for its lush landscaping, natural beauty, and world-class amenities, including:
* A neoclassical-style clubhouse
* A 18-hole championship golf course
* Resort-style swimming pool and fitness center
* Five tennis courts
* Four pickle ball courts
* Scenic walking and biking trails, parks, and bay front boardwalks
Residents enjoy 24-hour gated security and a serene, nature-rich environment, all while being conveniently located in the heart of Destin. The community offers direct access to the bay, perfect for boating, kayaking, fishing, and dolphin watching.
Just across Highway 98, you'll find Destin's famous emerald-green waters and white sandy beaches,along with premier shopping, dining and entertainment at nearby Destin Commons. The airport is also just a short drive away, making travel effortless.
Opportunities like this are exceptionally rare. Secure your place in one of Destin's most sought-after communities and create a legacy waterfront home that will be treasured for generations....
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Home facts
- Subdivision & Development:KELLY PLANTATION S/D PH 2 , Lot 3 Blk J
- Listing ID #:998586
- Added:234 day(s) ago
- Updated:November 13, 2026 at 04:13 PM
Structure and exterior
- Lot area:0.48 Acres
- Lot Features:Covenants, Cul-De-Sac, Interior, Level, Restrictions, Wooded
Schools
- High school:Destin
- Middle school:Destin
- Elementary school:Destin
Utilities
- Water:Public Water
- Sewer:Sewer Available
Finances and disclosures
- Price:$2,425,000
- Tax amount:$10,028 (2025)
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