NOT LISTED FOR SALE

1008 Highway 98 E Unit 169 Destin, FL 32541

Estimated Value: $1,458,000 - $2,337,792

4 Beds
4 Baths
2,630 Sq Ft
$1,455/mo HOA Fee

Last Sold February 11, 2022

Last sale price $2,250,000 $856 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $15,140/month

171 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Fishing
  • Destin Elementary School Rated A-
  • In Ground Pool
  • Gated Community

About This Home

As of February 2022

This is your chance of a LIFETIME to Own a one-of-a-kind, 4 bedroom, 4 bath *GULF FRONT 16TH FLOOR PENTHOUSE* in the Heart of Destin! This SUPER POPULAR vacation rental has 6 years of REPEAT HAPPY GUESTS! For 2021, the rental income is $145,298 (rent only as of 10-16-21) w/ 106 nights blocked for Owners Use! Over $80K booked for 2022! Favorite features include: An open floor plan with THREE sperate large balconies (Gulf Front Living Room/Kitchen, Gulf Front King Master Suite and King Bedroom with Views of Downtown Destin)!! Views of the SUNRISE AND SUNSETS are simply stunning! New 2021 updates include new flooring, custom island in kitchen, shiplap panel walls in kitchen, baths and bedroom and fresh paint throughout! You will never want to leave. This beautiful penthouse sleeps 13 Appropriately named "Modern Serenity" is located in the heart of Destin on a prime stretch of beach. You will be steps away from a variety of restaurants, shopping, nightlife and entertainment options. There is so much to do -- or do nothing at all -- the choice is yours. Destin Towers offers not only a prime location but a LOW DENSITY BUILDING which means UNCROWDED BEACHES! Community is Gated and one front row covered parking spot is included! Condo comes with a LARGE Owners closet in the 16th floor Lobby!

Last Agent to Sell the Property

Jilenna Parmeley

Worth Clark Realty License #3343024 Listed on: 07/04/2021

Worth Clark Realty

Last Buyer's Agent

Rachel Hutchings

Compass License #3331472

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,320

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $1,455 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Interior Spaces

  • 2,630 Sq Ft Home
  • Crown Molding
  • Skylights
  • Fireplace
  • Plantation Shutters
  • Living Room
  • Vinyl Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0628-0000-0169

Community Details

Overview

  • Destin Towers Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Beach
  • Community Pool
  • Fishing

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,320

Year Built

Built in 1984 | Remodeled

Lot Details

0

HOA Fees

$1,455 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: DESTIN TOWERS CONDO
  • Directions: Gulf front condo across the street from Big Kahuna's. Directly behind The Urgent Care and Dunkin Donuts in the heart of Destin. YOU WILL NEED A GATE CODE. Unit comes with One assigned parking space but please do not park in it. It is reserved for Guests. Inspectors and our Cleaning Team. Please park in the open spots on Ground Floor. Walk to Lobby. Take Elevator to 16th Floor. Unit #162
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1984
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - 2 or More: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Double, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Wine Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Fireplace, Floor Vinyl, Owner's Closet, Plantation Shutters, Renovated, Skylight(s)
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Appliances:Wine Refrigerator: Yes
  • Appliances:Oven Double: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Fireplace: Yes
  • Interior:Skylight(s): Yes

Exterior Features

  • Pool Features: Pool Type
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Guest
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Elevators, Fishing, Gated Community, Picnic Area, Pool, Waterfront
  • Association #2 Fee: 1455.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-0628-0000-0169
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8320.42
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2021
Closed on
Feb 11, 2022
Sold by
Andy Holt Thomas and Andy Deborah
Bought by
Blue Sunshine Daze Llc
Seller's Agent
Jilenna Parmeley
Worth Clark Realty
Buyer's Agent
Rachel Hutchings
Compass
List Price
$2,250,000
Sold Price
$2,250,000
Current Estimated Value
$2,172,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,676
Avg. Annual Appreciation
-2.21%
Original Mortgage
$1,500,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2016
Sold by
Mebane 3 Thomas S
Bought by
Holt Thomas A and Holt Deborah

Purchase Details

Closed on
Mar 18, 2010
Sold by
Regions Bank
Bought by
Mebane Thomas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 2, 2010
Sold by
Deming Pamela B
Bought by
Regions Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 25, 2004
Sold by
Anderson Steve and Anderson Debra J
Bought by
Deming Wood M and Deming Pamela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blue Sunshine Daze Llc $2,250,000 Equitrust Title
Holt Thomas A $773,000 --
Mebane Thomas S $779,000 Mcgill Escrow & Title Llc
Regions Bank $705,700 Attorney
Deming Wood M $920,000 Touchstone Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Blue Sunshine Daze Llc $1,500,000
Previous Owner Mebane Thomas S $699,000
Previous Owner Deming Wood M $736,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $2,250,000 0.0% $856 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
07/04/2021 07/04/21 For Sale $2,250,000 -- $856 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $21,503 $1,800,000 -- $1,800,000
2023 $21,503 $1,800,000 $0 $1,800,000
2022 $9,296 $805,000 $0 $805,000
2021 $8,382 $675,000 $0 $675,000
2020 $8,320 $665,000 $0 $665,000
2019 $8,308 $655,000 $0 $655,000
2018 $8,411 $655,000 $0 $0
2017 $8,560 $655,000 $0 $0
2016 $8,859 $682,000 $0 $0
2015 $8,955 $676,000 $0 $0
2014 $8,717 $650,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 876084

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0628-0000-0169