For sale

Price cut: $155K (10/8)

$5,795,000

480 Captains Cir, Destin, FL 32541

5beds

4,727sqft

Est.:

Single Family Residence

Built in 2023

-- sqft lot

$5,408,100 Zestimate^®

$1,226/sqft

$325/mo HOA

What's special

Waterfront estateAdditional golf cart garageSummer kitchen

480 Captains Circle is an extraordinary waterfront estate within the exclusive gates of Regatta Bay, featuring an array of wonderful amenities, as well as one of the top-rated golf courses along the Emerald Coast of Florida. This recently designed and constructed home contains (6)-bedrooms, (6)-bathrooms, (1)-powder room, a heated & cooled saltwater pool, a summer kitchen, (2)-car garage with additional golf cart garage, and a 30' covered boat dock. This home is also equipped with modern technology and phenomenal features and finishes. Please inquire for further details and to schedule your private showing.

186 days

1,593

79

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 7
Full bathrooms: 6
1/2 bathrooms: 1

Primary bedroom

Features: MBed First Floor, MBed Sitting Area, MBed Waterfront
Level: First

Primary bathroom

Features: Double Vanity, Soaking Tub, MBath Separate Shwr, MBath Tile

Kitchen

Level: First

Living room

Level: First

Heating

Geothermal

Cooling

AC - 2 or More, AC - High Efficiency, Ceiling Fan(s)

Appliances

Included: Dishwasher, Disposal, Ice Maker, Microwave, Warranty Provided, Gas Water Heater, Tankless Water Heater
Laundry: Washer/Dryer Hookup, Laundry Room

Features

Bookcases, Kitchen Island, Recessed Lighting, Newly Painted, Pantry, Shelving, Split Bedroom, Walls Wainscoting, Wet Bar, Woodwork Painted, Woodwork Stained, Bedroom, Dining Area, Family Room, Kitchen, Living Room, Master Bedroom, Mud Room
Flooring: Insulated Floors, Hardwood, Tile
Doors: Insulated Doors, Storm Door(s)
Windows: Double Pane Windows, Storm Window(s)
Has fireplace: Yes
Fireplace features: Fireplace, Outside
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 4,727
Total interior livable area: 4,727 sqft

Property

Parking

Total spaces: 9
Parking features: Attached, Golf Cart Enclosed, Oversized, Garage Door Opener, Garage
Attached garage spaces: 3
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Patio Covered, Porch, Covered Porch
Exterior features: Balcony, Barbecue, Boat Slip, Boatlift, Hot Tub, Rain Gutters, Outdoor Shower, Sprinkler System, Outdoor Kitchen, Boat Launch, Dock, Tennis
Has private pool: Yes
Pool features: Private, Heated, In Ground
Has spa: Yes
Fencing: Back Yard
Has view: Yes
View description: Bay
Has water view: Yes
Water view: Bay
Waterfront features: Bay, Waterfront
Frontage type: Water
Frontage length: Water: 105

Lot

Dimensions: 116 x 258 x 105 x 216
Features: Controlled Access, Bulkhead/Seawall, Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water, Golf, Marina

Details

Parcel number: 002S22051500000300
Zoning description: Resid Single Family

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Frame, Stucco, Trim Wood
Foundation: Slab
Roof: Concrete

Condition

Construction Complete
Year built: 2023

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Underground Utilities

Community & HOA

Community

Features: Fitness Center, Fishing, Game Room, Gated, Pickleball, Picnic Area, Playground, Pool
Security: Smoke Detector(s)
Subdivision: Regatta Bay

HOA

Has HOA: Yes
Services included: Maintenance Grounds, Land Recreation, Management, Recreational Faclty, Security
HOA fee: $975 quarterly

Location

Region: Destin

Financial & listing details

Price per square foot: $1,226/sqft
Tax assessed value: $2,416,375
Annual tax amount: $25,445
Date on market: 6/12/2025
Cumulative days on market: 187 days
Listing terms: Conventional,Other
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$5,408,100

$5.14M - $5.68M

$8,332/mo

Price history

Date	Event	Price
10/8/2025	Price change	$5,795,000-2.6%$1,226/sqft
Source: ECAOR #978586 Report a problem
6/12/2025	Listed for sale	$5,950,000+9.2%$1,259/sqft
Source: ECAOR #978586 Report a problem
11/27/2024	Sold	$5,450,000-8.4%$1,153/sqft
Source: ECAOR #933189 Report a problem
5/1/2024	Listing removed	--
Source: ECAOR #933189 Report a problem
10/16/2023	Price change	$5,950,000-7.9%$1,259/sqft
Source: ECAOR #933189 Report a problem