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4505 Sawgrass Way, Destin, FL 32541 (MLS# 998586)


$2,425,000
4505 Sawgrass Way
Destin, FL 32541
MLS# 998586



Enjoy gorgeous water views while golfing at Kelly Plantation!
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Enjoy gorgeous water views while golfing at Kelly Plantation! Enjoy miles of scenic walking and biking trails thru-out Kelly Plantation. Exceptional opportunity to buy a premium home site with 102' on the Bay in Kelly Plantation...one of Destin's most prestigious communities. Build your dream home and enjoy inubstructed Bay views. The golf course was designed by Fred Couples and Gene Baggs. Enjoy great Coastal views! There are 4 lighted clay tennis courts and 1 hard surface tennis court. Kelly Plantation Lot 3 Blk J will accommodate a large luxury home. A seawall with the latest modern, vinyl technology is under construction and almost completed at a cost of approximately $50,000. This bay front homesite is the last site available on this quiet cul-de-sac on Seagrass Way. The new vinyl seawall is almost completed at a cost of approximately $50,000. Enjoy boating, fishing, dophin watching, and kayacking on the Bay! There are only 4 Bay front sites left in Kelly Plantation. Lot 3 is the only Bay site situated on a quiet cul-de-sac with high end homes. It is just a short drive to the pristine beaches, shopping and dining. Sizzling Sunset on Choctawhatchee Bay Choctawhatchee Bay is a fisherman's delight with both fresh and saltwater fishing. Enjoy great fishing and boating. There is a manned gated entry off Hwy 98 in Central Destin. Kelly Plantation features a Clubhouse with fitness center and large pool. Owners enjoy the Clubhouse with gym, outside grilling area and large pool. Owners enjoy a grill and fireplace outside the Clubhouse . Plenty of exercise exercise equipment. Great selection of workout equipment. There are 5 tennis courts! There are 4 pickleball courts. 4505 Sawgrass Way, Destin, FL 32541 Kids love the parks with playgrounds! 4505 Sawgrass Way, Destin, FL 32541 Kelly Plantation is just a short drive to the blue water gulf beaches with sugar white sand! 4505 Sawgrass Way, Destin, FL 32541 This is a great place for a picnic overlooking Lake Lake Rangia in Kelly Plantation. Nature lovers will enjoy walking or biking on the beautiful nature trails in Kelly Plantation! This trail leads to a gazebo at the end of the walkway that is the perfect place to relax and view Jones Bayou. Yauon Park is another beautiful nature preserve to enjoy in Kelly Plantation. Enjoy beautiful views while walking or biking though Kelly Plantation. Kelly Park offers two accesses that lead to the Bay--perfect for enjoying the sunsets!

Property Description
Rare Bay front Home site in Kelly Plantation - A Once-in-a-Lifetime Opportunity We are proud to present one of the last remaining Bay front home sites 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 lot, 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 from both the main living areas and future primary suite--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. Spanning approximately 0.48

Details
Maps
Documents
None
Current Price: $2,425,000
Status Change Info
Status: Active
Contract Info
List Date: 2026-03-21
List Price: $2,425,000
Listing Board: Emerald Coast
List Price/Acre: 5052083.33
Location Tax and Legal
Street #: 4505
Street Name: Sawgrass
Street Suffix: Way
Area: 14 - Destin
State: FL
Zip Code: 32541
County: Okaloosa
Project Name/Subdivision: KELLY PLANTATION S/D PH 2 , Lot 3 Blk J
Parcel ID: 00-2S-22-1356-000J-0030
General Property Info
Sub-Type: Vacant Land
Mineral Rights: No
Acreage: 0.48
Waterfront
Waterfront Feet: 102
Property Features
Lot Access: Controlled Access; Paved Road; Private Road
Lot Features: Bulkhead/Seawall; Coastal Setback; Covenants; Cul-De-Sac; Flood Insurance Req; Interior; Level; Restrictions; Survey Available; Within 1/2 Mile to Water; Wooded
Zoning: Deed Restrictions; Resid Single Family
Waterfront: Bay; Shore - Seawall
Waterview: Bay; Bayou
Project Facilities: BBQ Pit/Grill; Exercise Room; Fishing; Gated Community; Golf; Handball; Owners Pets Allowed; Pavillion/Gazebo; Pickle Ball; Playground; Pool; Short Term Rental - Not Allowed; Tennis; Waterfront
Utilities: Electric; Gas Available; Phone; Public Sewer; Public Water; Sewer Available; TV Cable; Underground
Fees Include: Accounting; Ground Keeping; Legal; Licenses/Permits; Management; Master Association; Other Utilities; Recreational Faclty; Security; Services; Supplies
Supplements
acre and 102 feet of direct Bay frontage, the home site 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 An 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.

Listing Office: The Mary Stephens Team

Last Updated: April - 06 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.