Palazzo Del Mare – Luxury Gulf Front Estate in Destin, FL

Incredible 4-Story Gulf Front Home in the Crystal Beach area of Destin, FL.


LIVE ON-SITE AUCTION
Began: 05/02/09 at 11:07 AM CDT
Location: Destin, FL

PALAZZO DEL MARE – LUXURY GULF FRONT ESTATE
2990 Scenic HWY 98 • Destin, FL 32541

 

This elegant gulf front estate, with expansive terraces on all 4 levels, allows you to enjoy majestic gulf views as well as sunrises and sunsets.  Rare opportunity to own a 4-story home in Destin. Private beach access from the first floor deck. This house was made for entertaining and would be a great location for weddings, corporate retreats, or multi-family vacations. Experience the quality throughout the home with the beautiful hardwood floors, granite countertops, and state of the art “smart home” technology. The elevator visits all four floors and a dumbwaiter carries items from the kitchen on the first floor up to the third floor. This property has a separate guest cottage above the three-car garage. This home is unfurnished just waiting for the right owners to give it their personal touch.   

*Dimensions to be verified by buyer. 

PROPERTY FEATURES:

  • Gulf-front Estate in Crystal Beach
  • 0.78 ± acres with 69′ ± water front
  • Lot Dimensions: 69’ x 490’ ±
  • Fenced lot with gated entrance
  • Completed near the end of 2004
  • 13,342 ± Sq. Ft. (per current appraisal)
  • 11 Total Bedrooms
  • 11 Full Baths, 3 Half Baths
  • Theater Room
  • Children’s Media/Play room
  • Office/Library and Conference Room
  • 3-car garage with guest cottage above
  • Additional parking for 7 cars
  • Extremely rare – 4 Stories High
  • Zoned Residential Single Family, Built to Commercial Standards
  • Deep Crown Molding and Coffered Ceilings
  • Elegant designer chandeliers and light fixtures
  • Foundation on Pilings, Roof Tile/Slate, Acrocrete stucco siding
  • Steel Rod Supports in Exterior Walls
  • “Smart Home” technology, Security with monitoring, and CAT 6 wiring
  • Hurricane-Rated Anderson Windows
  • Private Weather Station
  • Central vacuum system
  • 6 Central Electric Heat/Air Units
  • Never been on rental program
  • Flood insurance  – $8,537.73
  • Wind and Homeowner’s Insurance – $46,348.60
  • 2008 Property Taxes- $70,112.08
MAIN HOUSE- FIRST FLOOR:
  • Gulf front w/ private beach access & incredible gulf views
  • Entrance with Grand Circular Staircase that winds up to the 4th Floor
  • Children’s Media/Play Room
  • Side Entrance to home offers mud room with full bath and washer/dryer
  • Additional ½ bath
  • Gourmet kitchen with Butler’s Pantry, Wood Crafted Cabinetry, Viking appliances, Granite  
  • Counters
  • 2 Dining areas, one Formal
  • Large living room with gas fireplace
  • Ceilings, Cathedral, Trey and Coffered ceilings
  • Recessed lighting
  • Surround sound
  • Archways and columns delineate living room and dining areas
  • Washer/Dryer
GULF FRONT DECK- FIRST FLOOR:
  • Covered but open on front and sides
  • Built-in heated pool with attached jetted pool, fenced
  • Pavers
  • Winding staircase to second floor deck
  • Private walkover to beach
MAIN HOUSE- SECOND FLOOR:
  • 1st Bedroom with views of gulf and private bathroom
  • 2nd Bedroom with views of gulf, private bathroom, 2 vanities, jetted tub
  • Carpeted bedrooms with large walk-in closets
  • Additional half bathroom
  • Dance floor with descending disco ball
  • Wet bar with ice machine and refrigerator
  • Theater room with soundproofing
  • Dark hardwood floors
MAIN HOUSE- THIRD FLOOR:
  • 5 bedrooms each with private bathrooms
  • 2 bedrooms share the large gulf front sundeck
  • Equipment room for Smart Technology and Sound System
  • Washer/Dryer
MAIN HOUSE- FOURTH FLOOR:
  • Master bedroom with gas fireplace, gulf views, and large terrace
  • Master Bathroom with His/Hers Walk-in Closets, Sauna/Steam, Oversized Whirlpool Tub, Double Vanity
  • Library with built in bookshelves
  • Office/Conference Room with gulf views and access to tiled terrace
GUEST COTTAGE ABOVE GARAGE:
  • 3 Bedrooms with carpeted floors
  • 2 Full Baths with Tiled Floors
  • Bamboo flooring in rest of cottage
  • Crown molding throughout
  • Kitchen has Stainless Steel Viking appliances
  • Storage closet next to garage down stairs
  • Washer/Dryer on ground floor
  • Separate AC unit
  • Window treatments
OTHER FEATURES:
  • Brick paver driveway
  • Irrigation system
  • Beautiful landscaping
  • Outdoor Shower
  • Sprinkler System throughout home
  • No Homeowner’s Association Fees
  • Flood Zone VE
  • Sprinkler System

OPEN HOUSES:

  • Sunday, April 19, 1-4pm CST
  • Sunday, April 26, 1-4pm CST
  • Tuesday, April 28, 1-3 pm CST
  • Wednesday, April 29, 1-3pm CST
  • Thursday, April 30, 1-3pm CST

SELLING FROM:
On-Site

BROKER PARTICIPATION:

If you are a Broker and wish to represent a client at this Auction, please click the link below and fill out the Broker Participation Form in its entirety. If you have any questions, please contact Don Williams at 866.723.6013 (toll-free) or 850.654.6000.

 

PROJECT MANAGER:
Zack Housley, 850-654-6000

zack@roebuckauctions.com

The following are Terms and Conditions of the Auctions.  Please review and if there is any item that you do not understand, please see one of our Auction staff members.


In order to bid at the auction, you must register by presenting a driver’s license and a cashier’s check made payable to yourself in the amount of $50,000, or otherwise be approved by auctioneer.

 

The property is being sold subject to the seller confirming the sale.  The seller and their agent will be available at the auction to approve bids.

 

A 10% Buyer’s Premium will be added to your bid to determine the total purchase price.


The high bidder(s) will pay a ten percent (10%) deposit, your cashier’s check will be part of your bid deposit, and sign the sales contract today. The contract form is in your bidder’s package for you to review beforehand. The closing will be within the next 30 days.

Title insurance is available at the expense of the Purchaser. Taxes will be prorated as of the closing date, and the buyer will pay all closing costs.


All property is being sold today “As Is / Where Is”.  The only guarantee from the seller is a valid, good and marketable title to the property.  Neither the seller nor Roebuck Auctions or any of its employees are giving any warranties other than the seller’s title warranty. The property is being sold subject to all easements, covenants, conditions, zoning, and any other existing matters.


Roebuck Auctions is acting exclusively for the seller as auctioneer and broker.


No property will be sold with contingencies in the contract(s) including any financing contingency.


The information included herein is a summary of information available from a variety of sources including the seller, most of which have not been independently verified.  This summary has been provided for the use of the prospective bidders at the public auction.


All information and opinions are supplied herein without any warranties or representations; either expressed or implied whatsoever from Roebuck Auctions, the sellers, or any of their respective representatives, agents, or employees. 

Directions to Property/Auction Site From Destin Bridge:

HWY 98 East.  Turn right on Hutchinson Street.  Turn left on Scenic HWY 98.  End at 2990 Scenic HWY 98.

 

Directions to Property/Auction Site From Sandestin:

HWY 98 West.  Turn left on Hutchinson Street.  Turn left on Scenic HWY 98.  End at 2990 Scenic HWY 98.

 

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5118 Park Avenue Memphis, TN 38117

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