4101 Commons Dr W, Destin, FL 32541 Property Records

Okaloosa County property record for 4101 Commons Dr W, Destin, FL 32541

Property Summary

Property Type	Multi-Family Dwellings
Details	9 bd · 6 ba · 379,252 sqft · built 2009
Lot Size	12.8 acres (558,875 sqft)
Owner	2 Company Names on File
Last Sale	$53,700,000 (Mar 2016)
Tax Bill	$606,569 (2025)
Deeds & Mortgages	Oct 2022 Mortgage Aug 2019 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`C56-001-015-8221-1`

Property Details

APN / Parcel Number

Primary APN	`C56-001-015-8221-1`
Alternative APNs	`00-2S-22-1033-0000-0020` `22S200103300000020`

Interior

Bedrooms	9 Beds
Full Baths	6 Baths
Total Rooms	5 Rooms
Units	52 Units
Stories	3 Stories
Building Area	379,252 sqft Living Area
Gross Area	148,945 sqft
1st Floor Area	9,782 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Elevator	Elevator

Exterior

Year Built	Built 2009
Effective Year Built	Effective 2009
Architectural Style	Multi-Family
Exterior Material	Combination
Construction Type	Wood
Roof Type	Flat
Roof Material	Wood
Lot Area	558,875 sqft (12.8 acres)

Exterior Amenities

Pool Area	235 sqft
Porch	Finished/Open Porch
Porch Area	22,694 sqft
Deck Area	2,060 sqft
Patio Area	2,060 sqft
Total Buildings	7 Buildings

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C

Location & Zoning

Street Address	4101 COMMONS DR W
City	DESTIN
State	FL
Zip	32541-8486
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Legal Description	ALEXAN HENDERSON BEACH S/D LOT 2
Legal Subdivision	ALEXAN HENDERSON BEACH S/D
Legal Lot Number	2
Jurisdiction	OKALOOSA FL
Township / Civil Division	FORT WALTON BEACH
Census Block Group	1
Census Block	1017
Census Tract	23304

Owner

4101 Commons Dr W, a residential property, is owned by a company that bought it in March 2016.

Source: Okaloosa County records, as of August 31, 2026

Owner of Record	2 Company Names on File
Mailing Address	PO BOX A3878, CHICAGO, IL 60690-3878
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Oct 12, 2022	Deed of Trust, Mortgage · Commercial Mortgage GRANDBRIDGE REAL ESTATE CAPITAL LLC
Aug 14, 2019	Deed of Trust, Mortgage · Commercial Mortgage SUNTRUST BANK
Aug 14, 2019	Deed of Trust, Mortgage SUNTRUST BK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Mar 17, 2016 · Amount on File
Deed Sale	Mar 17, 2016 · Amount on File
Prior Sale	Mar 3, 2008 · Amount on File
Deed Document Number	20163054598
Deed Book / Page	3239 / 3517
Record Updated	Oct 29, 2026

October 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	OKALOOSA FL
Property Address	4101 COMMONS DR W, DESTIN, FL 32541-8486
Transaction Type	Mortgage
Record Updated	Feb 13, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	345 PARK AVE, NEW YORK, NY 10154-0004

Mortgage

Document Number	0036463571
Date	Oct 12, 2022
Book Page	3646/3571
Instrument	3584230

Lender

Name	GRANDBRIDGE REAL ESTATE CAPITAL LLC
Type	Non-Lending Institution
Address	CHARLOTTE, NC 28202

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	83 Months
Due	Sep 1, 2029

August 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	OKALOOSA FL
Property Address	4101 COMMONS DR W, DESTIN, FL 32541-8486
Transaction Type	Mortgage
Record Updated	Apr 21, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0034140031
Date	Aug 14, 2019
Book Page	3414/0031
Instrument	3298017

Lender

Name	SUNTRUST BANK
Type	Bank
Address	VIENNA, VA 22182

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	121 Months
Due	Sep 1, 2029

August 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	OKALOOSA FL
Property Address	4101 COMMONS DR W, DESTIN, FL 32541-8486
Document Number	0034154350
Instrument Date	Aug 14, 2019
Transaction Type	Mortgage
Record Updated	Sep 23, 2019
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	4101 COMMONS DR W DESTIN FL 325418486, DESTIN, FL 32541-8486

Mortgage

Document Number	0034154350
Date	Aug 27, 2019
Book Page	003415/004350
Instrument	3300563

Lender

Name	SUNTRUST BK
Type	Bank

Agreement

Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 4101 Commons Dr W was $606,569.

Source: Okaloosa County assessment roll, as of December 31, 2025

Property Jurisdictions

Type	Name
State	Florida
County	Okaloosa County
Municipality	Destin City
Unified School District	Okaloosa County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$606,569.00	$51,215,352 Land $5,364,107 Building $45,851,245	$51,215,352 Land $5,364,107 Building $45,851,245
2023	$696,480.00 (+7.59%)	$69,641,252 (+5.94%) Land $5,056,662 Building $64,584,590	$69,641,252 (+5.94%) Land $5,056,662 Building $64,584,590
2022	$647,354.00	$65,733,874 Land $4,815,868 Building $60,918,006	$65,733,874 Land $4,815,868 Building $60,918,006

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 4101 Commons Dr W in Zone X, an area of minimal flood risk, though there have been 124 flood claims nearby since 1988.

Source: FEMA National Flood Hazard Layer, effective March 8, 2021 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 117 individual policies
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	460 units insured incl. 343 condo units
Nearby Flood Claims	124 (1988–2020)
Claims Outside the SFHA	83 of 124
Most Recent Claim	Sep 2020 · Hurricane Sally
Claims by Event	Severe Storms, Tornadoes, Straight-line Winds, And Flooding, May 2014 · 18 claims Hurricane Frances, Sep 2004 · 23 claims Hurricane Opal, Oct 1995 · 37 claims

Coastal Barrier Resources

Source: USFWS Coastal Barrier Resources System, as of December 19, 2024

Coastal Barrier Resources System	Yes
Unit	P32 “Moreno Point”
Unit Type	System Unit
Designated	Oct 18, 1982
NFIP Eligibility	Not eligible (built 2009) built after the Oct 1, 1983 cutoff · private flood insurance only

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 4101 Commons Dr W has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	DESTIN WATER USERS, INC. private · serves 31,752 people · EPA ID FL1460202
Water Source	Groundwater
Last State Inspection	Jan 2025
Lead	2 ppb (2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 78 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
LiveOak Fiber Fiber	5,000 / 5,000
Cox Communications Cable · Fiber in parts of the area	2,000 / 35
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30
AT&T Fixed Wireless	100 / 20

May also be available: CenturyLink, T-Mobile.

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