The White House of Holiday Isle, Destin, FL Online Only Auction
Closes Friday, July 10th, 2026, at 1pm CT
634 Gulf Shore Drive, Destin, FL
The White House of Holiday Isle
The Executors of the Estate have commissioned this property to sell at Auction. This exceptional location is currently enjoyed by the 4th generation since it was originally purchased by the family.
Open House Times:
June 16 and June 17 from 10am to 1pm Central Time
June 25 from 10am to 1pm Central Time
Proof of Funds: Proof of funds will be required to become a registered bidder. Proof of funds can be in the form of a pre-approval letter, bank statement, bank letter, or something similar. Proof of funds can be submitted to Damon@AuctionByPearce.com
Earnest Money: An earnest money deposit in the amount of $150,000 will be required from the successful purchaser within 24 hours of the auction ending, with the balance due within 45 days. Earnest money deposit can be made by cashier's check or bank wire transfer. Title Company handling closing will be posted prior to Auction's end.
Buyer's Premium: 10% Auction Premium
Example: $100,000 (Bid Price) + $10,000 (Auction Premium) = $110,000 (Total Contract of Sale Price)
***************************************************
HOW IT WORKS:
https://www.auctionbypearce.com/marknet/how-to-bid
CREATE AN ACCOUNT:
https://bids.auctionbypearce.com/register
***************************************************
FL Broker: Pete Horton FL # AU5123, FL RE #BK3496491 251.600.9595
Auction Marketing & Bidding Platform by Pearce Properties & Auction Marketing, Inc.
Damon Folmar 205.966.8114 / Damon@AuctionByPearce.com
How to Register and Bid
Lot 1: How to Register and Bid
Create an account here: https://bids.auctionbypearce.com/register
Once account is created, go to the sale and request approval to bid.
Submit Proof of Funds to Damon@AuctionByPearce.
Once approved you will be notified.
How to Bid
You can bid in one of two ways on the platform. Bids are subject to 10% Auction Premium (Bid Price + Auction Premium = Total Purchase Price):
1. By the next Increment
Bids increase in set amounts (currently $50,000).
Example: If the current bid is $1,500,000 (plus Auction premium), the next bid would be $1,550,000 (plus Auction premium).
2. Max Bid (Proxy Bidding)
You can enter your maximum bid upfront, and the system will automatically bid for you in increments to keep you in the lead. Example: You could enter $3,000,000 (plus buyer's premium), and the system will bid on your behalf starting at $1,550,000 (plus buyer's premium).
Lot 10:
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=
Bidders should make themselves familiar with local building codes, flood zones, insurance requirements, etc. prior to bidding.
Once registered bidders submit their bank letter of credit they will be supplied with further due diligence materials that the seller has provided to the Auctioneer/Broker.
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 Damon@AuctionByPearce.com)
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. Damon@AuctionByPearce.com / 205.966.8114
*Square footage taken from 2024 appraisal
720 Fulton Springs Road
Alabaster, AL
35007
Panama City Beach, FL residential lots online only auction featuring 3 lots on Paradise Boulevard in gated Paradise Cove with community pool. Each lot is 0.73+/- acre with electric, water & sewer available. Construction of a new home must begin within 4 months after closing and must be completed within 14 months. Auction begins to close on June 12th at 12:00pm ET.
Miramar, FL online auction featuring a 1,474 ± sq. ft. 2-level condo with 3 bedrooms, 2.5 baths, 2nd floor laundry, and parking. Located at Boardwalk at Vizcaya with community pool and clubhouse. Auction ends June 25th at 1:00pm ET.