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505 Vera Cruz Dr

Destin, FL 32541

5 bd 5 ba 3,237 sqft Built 1995 Lot 10,454 sqft single_family
Most recent sale
$1,425,000
May 24, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $2,495,000 EmeraldCoast
Sep 9, 2022 Listed $2,495,000 MLS #907725
May 24, 2021 Sold $1,425,000 Public Record
May 19, 2021 Sold $1,425,000 EmeraldCoast
Feb 1, 1992 Sold $120,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,014,161 $775,174 $1,789,335 $21,192
2024 $1,014,161 $775,174 $1,789,335 $20,640
2023 $974,832 $745,360 $1,720,192 $20,549
2022 $583,374 $537,777 $1,121,151 $13,510
2020 $517,835 $6,004
2019 $506,193 $5,942
2018 $496,755 $5,896
2017 $486,538 $5,870
2016 $476,531 $5,713
2015 $473,218 $5,843
2014 $469,462 $5,866
2013 $462,524 $5,821
2012 $454,793 $5,609
2011 $441,547 $5,556
2010 $435,022 $5,373
2009 $423,585 $5,262
2008 $423,162 $5,163

Property facts

Year built
1995
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
3,237 sqft
Lot size
10,454 sqft
ZIP code
32541
City
Destin
Street
Vera Cruz Dr
Coordinates
30.38592, -86.49837

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,988
Gross rental yield
5.04%
Implied cap rate
3.28%
Trend-extrapolated value

Frequently asked questions

When did 505 Vera Cruz Dr last sell?
505 Vera Cruz Dr most recently sold on May 24, 2021 for $1,425,000.
What is the current tax assessment for 505 Vera Cruz Dr?
The most recent total assessment for 505 Vera Cruz Dr (year 2025) is $1,789,335 with $21,192 in property tax.
How does 505 Vera Cruz Dr's assessment compare to its last sale price?
The current assessment is 25.6% above the last sale price of $1,425,000.
When was 505 Vera Cruz Dr built?
505 Vera Cruz Dr was built in 1995.
How does 505 Vera Cruz Dr compare to others on Vera Cruz Dr?
We track 8 other properties on Vera Cruz Dr. Browse the list under "Other properties on Vera Cruz Dr" to compare beds, baths, and sale history.
What are the property facts for 505 Vera Cruz Dr?
505 Vera Cruz Dr is a 5 bed, 5 bath, 3,237 sqft, 10,454 sqft lot single_family.
Is 505 Vera Cruz Dr a flip candidate?
Yes — 505 Vera Cruz Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 505 Vera Cruz Dr a tax-appeal candidate?
No — 505 Vera Cruz Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$910.9K
2026 Q4
$906.6K
ZIP 32541 — Median Price History + Forecast

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