NOT LISTED FOR SALE

Jade East Towers 1018 Highway 98 E Unit 1230 Destin, FL 32541

Estimated Value: $781,000 - $862,000

2 Beds
2 Baths
1,317 Sq Ft
$716/mo HOA Fee

Last Sold October 30, 2020

Last sale price $535,000 $406 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,687/month

197 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated Community
  • Destin Elementary School Rated A-
  • Spa
  • Main Floor Primary Bedroom

About This Home

As of October 2020

Welcome to the Crown Jewel Of DESTIN, Jade East. This 2/2 is a top rental with ResortQuest & with updates, this would easily surpass $50,000 in rental revenue! Spacious and bright with a fabulous Gulffront master bedroom, and the master bath and closet are almost as spacious as the bedroom! Enjoy a bubble bath while watching the sunset...separate man-sized shower also! Balcony views from the 12th floor are simply amazing! This is the perfect condo if you want it all- enjoy not only the beautiful beach and sunsets, but the sparkling pool with waterfall! Enjoy the resort style amenities of Jade East including: gated entrance, on-site rental office, seasonally heated swimming pool, hot tub, tennis court, grilling and picnic area, fitness center, and beach walkover with rinsing showers

Last Agent to Sell the Property

Wanda Duke

Crye-Leike Coastal Realty Brokerage Email: william.britton@crye-leike.com License #3023935 Listed on: 03/01/2020

Crye-Leike Coastal Realty

Last Buyer's Agent

Christopher Prem

Newman Dailey Resort Properties License #3439381

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,114

Year Built

  • Built in 1997

Lot Details

  • 5

HOA Fees

  • $716 Monthly HOA Fees

Home Design

  • Pitched Roof
  • Metal Roof
  • Steel Siding
  • Stucco

Interior Spaces

  • 1,317 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Tinted Windows
  • Living Room

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Deeded Parking

Pool

  • Spa
  • Heated Pool
  • Outdoor Shower

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

Listing and Financial Details

  • Assessor Parcel Number 00-2s-22-1313-0000-1230

Community Details

Overview

  • Association fees include accounting, advertising, ground keeping, insurance, legal, licenses/permits, management, master, security, sewer, water, cable TV, trash
  • 95 Buildings
  • 95 Units
  • Jade East Towers Condo Subdivision
  • 19-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator
  • Community Storage Space

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,114

Year Built

Built in 1997

Lot Details

0

HOA Fees

$716 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: JADE EAST TOWERS CONDO
  • Directions: Jade East is located directly on the beach between Breakers East and DESTIN Towers across the street from Big Kahuna
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1997
  • Attribution Contact: william.britton@crye-leike.com
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Tinted Windows: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 95
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All, Owner's Closet, Washer/Dryer Hookup
  • Stories: 19
  • Window Features: Tinted Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Roof Metal, Roof Pitched, Steel, Stucco
  • Exterior Features: Balcony, Hot Tub, Pool - Heated, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Shower: Yes
  • Exterior:Hot Tub: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Deeded, Guest
  • General Property Info:Garage2: No
  • Parking Features:Guest: Yes
  • Parking Features:Deeded: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Elevators, Gated Community, Pets Allowed, Pool, Separate Storage, TV Cable, Waterfront
  • Association #2 Fee: 716.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Ground Keeping, Insurance, Legal, Licenses/Permits, Management, Master Association, Security, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2s-22-1313-0000-1230
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 95

Tax Info

  • Tax Annual Amount: 5114.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2020
Closed on
Oct 28, 2020
Sold by
Moustafa Salwa and The Salwa Moustafa Living Trus
Bought by
Fox Jason E
Seller's Agent
Wanda Duke
Crye-Leike Coastal Realty
Buyer's Agent
Christopher Prem
Newman Dailey Resort Properties
List Price
$535,000
Sold Price
$535,000
Current Estimated Value
$818,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,768
Avg. Annual Appreciation
8.96%
Original Mortgage
$428,000
Outstanding Balance
$380,859
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$437,909

Purchase Details

Closed on
Jan 23, 2019
Sold by
Smh Moustafa Realty Llc
Bought by
Moustafa Salwa and The Salwa Moustafa Living Trus

Purchase Details

Closed on
Sep 29, 2009
Sold by
Moustafa Salwa
Bought by
Smh Moustafa Realty Llc
Source: Public Records

Range of Values:

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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
Fox Jason E $535,000 Mcgill Escrow & Title
Moustafa Salwa -- Attorney
Smh Moustafa Realty Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Jason E $428,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $535,000 0.0% $406 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $535,000 -- $406 / 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 $7,564 $745,000 -- $745,000
2023 $7,564 $745,000 $0 $745,000
2022 $6,209 $545,000 $0 $545,000
2021 $5,526 $445,000 $0 $445,000
2020 $5,568 $445,000 $0 $445,000
2019 $5,327 $420,000 $0 $420,000
2018 $5,393 $420,000 $0 $0
2017 $5,182 $396,500 $0 $0
2016 $5,053 $389,000 $0 $0
2015 $4,862 $367,000 $0 $0
2014 $4,667 $348,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 841591

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1313-0000-1230