THIS IS AN ONLINE ONLY AUCTION at www.auctionbypearce.com
Property location:
634 Gulf Shore Drive, Destin, FL 32541
Holiday Isle, Lot 3 Block A
1 Acre
Parel ID: 00 2S 24 2186 000A 0030
"The White House of Holiday Isle"
Built in 2005 the home features over 4,700 +/- square feet* with 6 bedrooms and 5 full baths, along with (2) 1/2 baths. An elevator services all floors. An entertainment/gathering room could also serve as an apartment. Family/group vacations, every day living or short term rentals are all possibilities with this incredible property.
6 Bedrooms
5 full baths, (2) 1/2 baths
Entertainment/Gathering Room with kitchenette
Balconies with views
Elevator services all floors
Attached 3-car garage
Built in 2005 - Kitchen and bathrooms all tastefully updated in 2023
Living Room
Eat-in Kitchen
Full appraisal in 2024 valued the home at $5,650,000
Other than refrigerator all appliances remain. No other personal property, furnishings, etc. remain with the property.
Home has some water infiltration and other structural/cosmetic issues. A copy of the initial report as well as other due diligence information will be uploaded in our Documents section on the landing page as well as this bidding lot.
Home was in a short term rental program until late 2025. See Documents tab(s) for rental projections if needed repairs were made.
HOA Dues: Per Seller no HOA dues
Termite Bond: Status unknown
Property taxes per Okaloosa County were current as of March 17, 2026 (Quarterly payment was $14,378.79)
Tax info here: https://county-taxes.net/okaloosa/property-tax/b2thbG9vc2E6cmVhbF9lc3RhdGU6cGFyZW50czplZmNiZjI3MC1lNTA5LTExZWItYTgwZi0wMDUwNTY4MWEyYjc=
Bids start at $1,500,000
There is a 10% Auction/Buyer's Premium which will be added to the bid to become the total selling price if final bid is accepted.
Selling subject to Seller's confirmation and acceptance of the high bid.
All bidders are encouraged to attend open houses. Property is available to have your own home inspection done by appointment (contact
[email protected])
FL Broker: Pete Horton FL# AU5123 / FL Real Estate #BK3496491 205.600.9595
Marketing and Bidding Platform managed by: Pearce Properties and Auction Marketing, Inc.
[email protected] / 205.966.8114