NOT LISTED FOR SALE

Jade East Towers 1018 Highway 98 E Unit 1650 Destin, FL 32541

Estimated Value: $1,165,000 - $1,259,000

3 Beds
3 Baths
1,662 Sq Ft
$1,191/mo HOA Fee

Last Sold September 24, 2021

Last sale price $1,100,000 $662 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,498/month

34 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated Community
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Newly Painted Property

About This Home

As of September 2021

Gorgeous, newly renovated unit located at Jade East, one of Destin's premier Gulf front communities. This luxury condo boasts 10 foot ceilings, enlarged balcony & over 1,600 square feet of living space complete with three bedrooms and three full bathrooms. This property is an exceptional income magnet with four years of strong rental history and $98K rental income YTD already on the books. Located on the site of one of Destin's most coveted beachfront locations, Jade East is an upscale Gulf-front condominium resort with a private, gated entry offering the perfect combination of amenities and accommodations. Featuring two large master suites, one master offers sweeping gulf views with floor to ceiling windows equipped with balcony access. The other suite is located on the opposite side, with stunning views of the Choctawhatchee Bay, offering ample privacy. Notable amenities include a resort style seasonally heated pool, hot tub, lighted tennis court, BBQ grills, picnic area, fitness center, private beach with boardwalk and beach showers. Centrally located within minutes of world-class shopping, dining, and attractions. Convenient storage closet located on the same floor as the unit.
Copy and paste the link for additional information and photos:
https://www.sugarpalmvacationrentals.com/Destin-Florida-Vacation-Rental/jadeeast65

Last Agent to Sell the Property

Bari Group

Berkshire Hathaway HomeServices Listed on: 07/06/2021

Last Buyer's Agent

Spears Group

Scenic Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,175

Year Built

  • Built in 1997 | Remodeled

Lot Details

HOA Fees

  • $1,191 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Metal Roof
  • Concrete Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 1,662 Sq Ft Home
  • Furnished
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Dining Area
  • Tile Flooring

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Deeded Parking

Outdoor Features

  • Deeded access to the beach

Schools

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

Utilities

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

Listing and Financial Details

  • Minimum Rental Period
  • Assessor Parcel Number 00-2S-22-1313-0000-1650

Community Details

Overview

  • Association fees include accounting, advertising, ground keeping, insurance, internet service, legal, licenses/permits, management, master, security, sewer, trash
  • Jade East Towers Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Game Room
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Community Playground

Security

  • Gated Community
  • Building Fire Alarm
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,175

Year Built

Built in 1997 | Remodeled

Lot Details

0

HOA Fees

$1,191 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: JADE EAST TOWERS
  • Directions: Hwy 98 E. across from Big Kahuna's and just behind Dunkin Donuts.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1997
  • 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
  • Waterfront:Unit Waterfront: Yes
  • Rooms:Dining Area: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Interior Amenities: Ceiling Crwn Molding, Ceiling Tray/Cofferd, Floor Tile, Furnished - All, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Renovated, Split Bedroom, Walls Wainscoting, Window Treatment All
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Unit Waterfront, Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Metal, Steel, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Deeded, Guest, Other
  • General Property Info:Garage2: No
  • Parking Features:Other3: Yes
  • 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, Other
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Game Room, Gated Community, Minimum Rental Prd, Pavillion/Gazebo, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 3573.35
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 00-2S-22-1313-0000-1650
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7174.92
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2025
Sold by
Toes N The Water Properties Llc
Bought by
Morris Michael and Morris Dwania
Current Estimated Value
$1,202,087

Purchase Details

Listed on
Jul 6, 2021
Closed on
Sep 24, 2021
Sold by
Fritz Mark Andrew and Fritz Julie
Bought by
Toes N The Water Properties Llc
Seller's Agent
Bari Group
Berkshire Hathaway HomeServices
Buyer's Agent
Spears Group
Scenic Sotheby's International Realty
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%

Purchase Details

Listed on
May 30, 2017
Closed on
Aug 31, 2017
Sold by
Tassin Paul and Tassin Colleen
Bought by
Fritz Mark Andrew and Fritz Julie
Seller's Agent
Wanda Duke
Crye-Leike Coastal Realty
Buyer's Agent
Tracy Bari
Berkshire Hathaway HomeServices
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.94%
Original Mortgage
$621,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 30, 2003
Sold by
Maloney Mary M
Bought by
Tassin Paul and Tassin Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.25%
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
Morris Michael $100 None Listed On Document
Toes N The Water Properties Llc $1,100,000 Aqua Title Services
Fritz Mark Andrew $695,000 Attorney
Tassin Paul $625,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fritz Mark Andrew $621,000
Previous Owner Tassin Paul $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/26/2021 12/26/21 Off Market $1,100,000 -- --
09/24/2021 09/24/21 Sold $1,100,000 0.0% $662 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $1,100,000 +58.3% $662 / Sq Ft
08/31/2017 08/31/17 Sold $695,000 0.0% $428 / Sq Ft View Prior Sale
07/10/2017 07/10/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $695,000 -- $428 / 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 $11,203 $1,045,000 -- $1,045,000
2023 $11,203 $1,045,000 $0 $1,045,000
2022 $9,279 $770,000 $0 $770,000
2021 $7,140 $575,000 $0 $575,000
2020 $7,175 $575,000 $0 $575,000
2019 $6,596 $520,000 $0 $520,000
2018 $6,677 $520,000 $0 $0
2017 $6,397 $489,500 $0 $0
2016 $6,235 $480,000 $0 $0
2015 $6,001 $453,000 $0 $0
2014 $5,740 $428,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 874784

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1313-0000-1650