408 Kelly Plantation Drive #409, Destin, FL 32541
As of September 10, 2026, 408 Kelly Plantation Drive #409 in ONE WATER PLACE at Kelly Plantation, Destin is listed at $1,195,000. That sits within a few percent of ONE WATER PLACE at Kelly Plantation's median closed sale of $1,232,500 over the last 12 months (4 recorded sales). It has been 158 days on market. Listing facts: built in 2007, waterfront. Figures are from the MLS record and county data; deemed reliable but not guaranteed.
- No CDD assessment on record
- Built 2007 · 19 yrs
- 2-car garage
- 158 days on market
- HOA ~$50/mo (estimate; confirm)
Pricing & the ONE WATER PLACE AT KELLY PLANTATION market
How this home is priced against recent nearby sales, and where ONE WATER PLACE AT KELLY PLANTATION has been over 25 years. Momentum Research analysis of emeraldcoast records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.
Median sale price by year
12-month median closed price, 2015–2026.
Market Heat by year (0–100)
Momentum Market Heat, 2018–2026. Now 27 (cold).
This home’s history
- 2007BuiltPer public record
- Aug 4, 2026First trackedObserved at $1,195,000
- NowActiveCurrently for sale
Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Estimated monthly payment
- Principal & interest $6,175/mo 80%
- Taxes $1,046/mo 14%
- Insurance $473/mo 6%
- HOA $50/mo 1%
$7,743/mo at 20% down, 30-yr @ 6.71% · edit any field to update.
Editable estimate — not a loan offer. Estimates only; see data & estimate notes.
Momentum Property Score
67/100 is solid, mid-pack across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.
A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.
Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
The Momentum read
Recent ONE WATER PLACE AT KELLY PLANTATION sales closed near 90.8% of original asking. Cash paid for about 0% of recent closings here.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Emerald Coast MLS records, community-level, 12 months ending July 25, 2026. Aggregates only; deemed reliable but not guaranteed.
What’s unique here: one of only 2 active listings in ONE WATER PLACE AT KELLY PLANTATION, no CDD assessment.
Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ
Updated September 10, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
About this home
Positioned on the highly desirable fourth floor of One Water Place at Kelly Plantation, this impeccably renovated residence represents one of the Emerald Coast's most refined opportunities for luxury ownership. Overlooking the tranquil waters of Choctawhatchee Bay and the pristine fairways of the Fred Couples Signature Golf Course, this sophisticated two-bedroom, two-and-a-half-bath home delivers the elevated lifestyle discerning buyers expect in one of Northwest Florida's most prestigious gated, non-rental communities. Accessed through a private elevator vestibule, the residence immediately sets a tone of exclusivity and intention.
The open-concept interior is filled with natural light and thoughtfully designed to balance elegance with everyday comfort. Viking appliances and new walnut cabinets throughout. Electric blinds in living room and bedrooms.
White oak hardwood flooring, professionally detailed neutral finishes, custom glass entry doors, and refined architectural elements create a seamless, timeless aesthetic throughout. The gourmet kitchen has been masterfully designed for both beauty and performance, featuring custom solid walnut cabinetry extending through the kitchen, baths, and laundry. Premium pull-outs and drawer dividers, a custom walnut pantry wall, and striking stone countertops deliver exceptional function, while hidden outlet strips, under-cabinet LED lighting, and a dramatic recycled glass tile backsplash provide modern sophistication and visual impact.
Every fixture and finish has been carefully selected to reflect continuity, quality, and enduring style. The primary suite serves as a private sanctuary, offering spa-level comfort with a custom marble backsplash, extended tilework to the ceiling, upgraded Toto fixtures, and a heated towel warmer. Polished and honed travertine flooring, designer wall coverings, custom closet systems, motion-activated LED lighting, and ceiling fans in every room demonstrate the level of detail and thoughtful planning rarely found in condominium living.
The expansive balcony is designed to fully embrace the Emerald Coast lifestyle, functioning as an extension of the home's living and entertaining space. A fully appointed outdoor kitchen features a deluxe gas grill, beverage refrigerator, weatherproof custom cabinetry, and stone countertops with integrated sink -- all positioned to capture sweeping bay breezes and panoramic golf course views that change beautifully throughout the day. Extensive system and mechanical upgrades provide peace of mind and long-term comfort, including Carrier HVAC systems, updated hot water heater, gas fireplace blower, washer and dryer, upgraded hardware throughout, and professionally finished paint across all surfaces.
One Water Place at Kelly Plantation offers a private, resort-caliber lifestyle reserved exclusively for residents. Amenities rival those of an elite private club and include a bi-level heated lap pool, spa treatment rooms, an expansive fitness center, wine tasting room with private lockers, bocce courts, putting greens, scenic walking trails, a dog park, and access to an equestrian center. Two underground parking spaces and a private storage room provide rare convenience and security.
As a top luxury real estate professional representing premier properties across the Southeast United States, I can confidently say this residence stands among the finest condominium offerings along Florida's Emerald Coast. Perfectly located near Destin's world-renowned beaches, boating, championship golf, and exceptional dining, this move-in-ready home offers a rare combination of design excellence, privacy, and lifestyle distinction. For the buyer who expects the very best, this is more than a residence -- it is a statement of refined coastal living in one of the Southeast's most coveted luxury communities.
Description provided by 1st Class Real Estate Lanier Group and reproduced from the MLS; not independently verified.
Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
Public records & third-party data
Calculated estimates
Buyer should verify Buyer verify
Similar homes for sale near ONE WATER PLACE at Kelly Plantation
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
Price & listing history
Building permits
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
Not yet verified for this address. Look up the parcel at msc.fema.gov before relying on any flood assumption.
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.
Internet & broadband
AT&T Fiber covers much of NE Florida; confirm availability at the address.
Xfinity/Spectrum cable broadband is widely available.
T-Mobile / Verizon fixed-wireless as a backup option.
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Listed by 1st Class Real Estate Lanier Group · MLS # 995792
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Recent sales activity in ONE WATER PLACE at Kelly Plantation
Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the ONE WATER PLACE at Kelly Plantation neighborhood guide for more.
Recent nearby closings in the data set.
Canonical 12-month median closed price. Reference only.
Canonical 12-month median $/sq ft. Reference only.
Go deeper on ONE WATER PLACE at Kelly Plantation
See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.
Assigned schools
Schools currently assigned to this address in Okaloosa County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
Assigned schools per the MLS listing — assignments can change; confirm current zoning with the district. Browse school-zone pages →
Comparable recent sales
Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.
No closely comparable recent sales were found in this data set.
Investment snapshot
Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.
Buyer research checklist
Items worth confirming for 408 Kelly Plantation Drive #409, chosen from what the record shows. This is general guidance, not advice about this specific property.
- Built in 2007 (19 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
- Condominium: request the association's budget, reserves, the most recent milestone or structural inspection report, and two years of meeting minutes before relying on the dues.
- Look up the parcel on FEMA's Flood Map Service Center and confirm with your insurer whether flood insurance is required.
- Get a homeowners insurance quote for this specific address in Okaloosa County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
- Waterfront: confirm seawall or dock condition and permits, and ask who owns and maintains the shoreline.
- Confirm square footage and room dimensions independently.
- Order a survey to confirm lot boundaries and easements.
- Review permit history with the county.
- Property taxes: the estimate on this page (about $12,548/yr) assumes reassessment at the list price; the seller's homestead cap does not transfer, so their current bill is not a guide.
- School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Approximate distances
Approximate drive times for general reference only.
Groceries, dining, and parks for this city — see the city guide.
Schools, taxes, and services are county-administered — see the county guide.
View →Amenities and HOA/CDD detail on the neighborhood guide.
View →Data sources & freshness
| Listing record | Emerald Coast MLS, refreshed twice daily (last: September 10, 2026) |
| Community market stats | Emerald Coast MLS closed sales, as of July 25, 2026 |
| Flood zone & elevation | Not verified for this address — look it up at msc.fema.gov |
| Taxes & monthly cost | Estimated from county rates; not a quote |
| Insurance figure | Modeled estimate; obtain a real quote before offering |
| Schools | 2025-26 district assignments; verify with the district |
Momentum Research lines are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Frequently asked questions
How big is 408 Kelly Plantation Drive #409 and when was it built?
Per the listing record, 408 Kelly Plantation Drive #409 was built in 2007 and has 2 bedrooms and 2.5 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 408 Kelly Plantation Drive #409 in?
408 Kelly Plantation Drive #409 is in ONE WATER PLACE at Kelly Plantation in Destin, Okaloosa County. The community section on this page shows recent closed sales, days on market, and active inventory for ONE WATER PLACE at Kelly Plantation from the same MLS data.
Why might property taxes on 408 Kelly Plantation Drive #409 differ from the current owner's?
The estimate on this page (about $12,548 per year) assumes reassessment at the list price. Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment resets after a sale, so a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Is 408 Kelly Plantation Drive #409 in a flood zone?
A flood designation has not been verified for this address. Look up the parcel on FEMA's Flood Map Service Center (msc.fema.gov) and confirm with your insurer.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
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Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.
Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.
Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.
No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.
MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Emerald Coast Association of REALTORS® Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Emerald Coast Association of REALTORS®. © 2026 Emerald Coast Association of REALTORS®, Inc. All rights reserved.
Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.