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3464 Scenic Hwy 98, Destin, FL, 32541

8beds
7baths
4,645sqft
$7,999,000
$1,722price/sqft
$46,060/moest. monthly cost
$1,842,400/yrincome needed

About This Home

Situated on a prime stretch of Scenic Highway 98, 3464 Scenic is a legacy Gulf-front residence offering 56 feet of linear beachfront and unobstructed views across Destin's eastern coastline. With over 4,600 square feet of interior living and multiple levels of outdoor space, this eight-bedroom estate delivers both scale and flexibility within one of the most coveted beachfront corridors on the Emerald Coast. The home's elevation offers commanding views from all primary living areas, including a 44-foot-long main living room that anchors the open-concept floor-plan. Walls of glass frame the Gulf, while wide balconies and deep porches blur the line between interior and exterior living. The kitchen connects seamlessly to both the dining and living spaces, allowing for uninterrupted sightlines and direct access to the beach-facing deck. Each of the eight bedrooms is thoughtfully positioned for privacy, with several offering en suite baths and private balconies. The home's layout easily accommodates large families or high-capacity rental groups, supported by multiple gathering spaces, ample storage, and an oversized two-car garage. The outdoor footprint includes a private beachfront pool, covered lounge areas, and a dune walkover that leads directly to the sandno roads to cross, no steps between you and the shoreline. With a proven rental history and an irreplaceable Gulf-front lot, 3464 Scenic Highway 98 offers both lifestyle and investment upside in a location that continues to outperform the broader market. Whether held as a private retreat or income-producing asset, this is coastal real estate with staying power.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

8/10
Destin Middle SchoolGrades 5-81.4 mi
5/10
10/10
Destin Elementary SchoolGrades PK-44.9 mi

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 2001

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Shake,Roof Pitched
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Microwave
  • Laundry features: Washer/Dryer Hookup

Bathroom

  • Level: First
  • Area: 35
  • Dimensions: 7 x 5

Bedroom

  • Level: Second
  • Area: 168
  • Dimensions: 14 x 12

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 7
  • Full bathrooms: 7

Breakfast Room

  • Level: First
  • Area: 168
  • Dimensions: 14 x 12

Dining Room

  • Level: First
  • Area: 120
  • Dimensions: 12 x 10

Family Room

  • Level: First
  • Area: 100
  • Dimensions: 10 x 10

Features

  • Central Vacuum,Breakfast Bar,Crown Molding,Tray Ceiling(s),Vaulted Ceiling(s),Recessed Lighting,Wet Bar
  • Fireplace features: Gas
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Foyer

  • Level: First
  • Area: 90
  • Dimensions: 10 x 9

Garage

  • Level: First
  • Area: 480
  • Dimensions: 24 x 20

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,645
  • Total interior livable area: 4,645 sqft

Laundry

  • Level: Second
  • Area: 64
  • Dimensions: 8 x 8

Master Bathroom

  • Level: Third
  • Area: 400
  • Dimensions: 20 x 20

Recreation Room

  • Level: First
  • Area: 80
  • Dimensions: 10 x 8

Property

Details

  • Parcel number: 002S22008000000120
  • Zoning description: Resid Single Family

Features

  • Stories: 4
  • Pool features: In Ground
  • Exterior features: Balcony,Columns
  • Has spa: Yes
  • Spa features: Heated
  • Has view: Yes
  • View description: Gulf
  • Has water view: Yes
  • Water view: Gulf
  • Waterfront features: Gulf,Seawall

Lot

  • Lot size: 6,983 sqft
  • Features: Coastal Setback,Flood Insurance Req,Level,Survey Available
  • Lot size dimensions: 56 x 124.7

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Inland Flooding
Tornado
Tsunami

FEMA Declared Disasters in Okaloosa County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $40,447$485,364
Home Insurance *$1,214$14,568
Property Taxes $3,932$47,184
Electricity $467$5,609
Total$46,060$552,720
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,579,200/yr
40% on housing$1,381,800/yr
45% on housing$1,228,266/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.8%
15.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,722This listing

vs Other Active Listings

Avg $/sqft

ZIP 32541$401
Okaloosa County$259

vs Homes Sold Last Month

Median $/sqft

ZIP 32541$401
Okaloosa County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-07Listed for sale$8,495,000
2026-02-05Listing removed$9,495,000
2025-08-08Price change$9,495,000
2025-05-24Listed for sale$10,495,000
2022-10-24Listing removed--
2022-09-09Price change$4,950,000
2022-07-06Listed for sale$5,400,000
2022-06-04Listing removed--
2022-05-26Price change$6,000,000
2022-04-01Listed for sale$7,000,000
2017-02-02Listing removed$3,525,000
2016-11-28Price change$3,525,000
2015-11-25Price change$3,550,000
2015-07-03Listed for sale$3,650,000

For Sale by Agent

AgentSpears Group
BrokerageCompass

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