Okaloosa County property record for 4321 Commons Dr W, Destin, FL 32541
| Property Type | Commercial Vacant Land |
|---|---|
| Lot Size | 6.73 acres (293,594 sqft) |
| Owner | Company Name on File |
| Last Sale | $53,700,000 (Mar 2016) |
| Tax Bill | $3,115 (2025) |
| Deeds & Mortgages | Oct 2022 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | C56-001-048-1016-3 |
| Primary APN | C56-001-048-1016-3 |
|---|---|
| Alternative APN |
|
| Lot Area | 293,594 sqft (6.73 acres) |
|---|
| Street Address | 4321 COMMONS DR W |
|---|---|
| City | DESTIN |
| State | FL |
| Zip | 32541 |
| Property Category | Commercial |
| Property Type | Vacant Land > Commercial |
| Legal Description | ALEXAN HENDERSON BEACH S/D PH2 LOT 2 |
| Legal Range | 22 |
| Legal Township | 02S |
| Legal Subdivision | ALEXAN HENDERSON BEACH S/D PH2 |
| Legal Phase | 2 |
| Legal Lot Number | 2 |
| Jurisdiction | OKALOOSA FL |
| Township / Civil Division | FORT WALTON BEACH |
| Census Block Group | 1 |
| Census Block | 1010 |
| Census Tract | 23304 |
4321 Commons Dr W, commercial vacant land, is owned by a company that bought it in March 2016.
Source: Okaloosa County records, as of December 8, 2025
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | PO BOX A3878, CHICAGO, IL 60690-3878 |
| Owner Type | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Mar 17, 2016 · Amount on File |
| Deed Sale | Mar 17, 2016 · Amount on File |
| Prior Sale | Dec 18, 2013 · Amount on File |
| Deed Document Number | 3054598 |
| Deed Book / Page | 3239 / 3517 |
| Record Updated | Jun 8, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | OKALOOSA FL |
| Property Address | 4321 COMMONS DR W, DESTIN, FL 32541 |
| Transaction Type | Mortgage |
| Record Updated | Nov 4, 2022 |
| Name | Verified Name |
|---|
| Document Number | 0036463571 |
|---|---|
| Date | Oct 12, 2022 |
| Book Page | 3646/3571 |
| Instrument | 3584230 |
| Name | GRANDBRIDGE REAL ESTATE CAPITAL LLC |
|---|---|
| Type | Non-Lending Institution |
| Address | CHARLOTTE, NC 28202 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 83 Months |
| Due | Sep 1, 2029 |
The 2025 property tax bill for 4321 Commons Dr W was $3,115.
Source: Okaloosa County assessment roll, as of July 1, 2025
| Type | Name |
|---|---|
| State | Florida |
| County | Okaloosa County |
| Municipality | Destin City |
| Unified School District | Okaloosa County School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $3,115.00 | $263,052 Land $263,052 | $263,052 Land $263,052 |
| 2023 | $2,962.00 (+4.08%) | $247,975 (+5%) Land $247,975 | $247,975 (+5%) Land $247,975 |
| 2022 | $2,846.00 | $236,167 Land $236,167 | $236,167 Land $236,167 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
FEMA maps place 4321 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 |
|
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 for structures 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.
The area around 4321 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.
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 |
| 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.
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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