NOT LISTED FOR SALE

Jade East Towers 1018 Highway 98 E Unit 1720 Destin, FL 32541

Estimated Value: $1,178,000 - $1,403,000

3 Beds
3 Baths
1,622 Sq Ft
$1,450/mo HOA Fee

Last Sold April 17, 2023

Last sale price $1,475,000 $909 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $9,151/month

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated Community
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Main Floor Primary Bedroom

About This Home

As of April 2023

Welcome to 1018 Hwy 98 Unit 1720, where Coastal Elegance meets high-end luxury! This stunning property boasts a complete remodel, including Level 5 walls that have been smoothed and popcorn ceilings removed to create a clean, sleek look throughout the unit.

The new high-end ceramic plank tile in a light grayish white color perfectly complements the coastal theme and adds to the overall elegance of the space. The bathrooms have been fully updated, with the master featuring a walk-in shower that will make you feel like you're at a luxurious spa.

The kitchen has been completely redone with stunning quartz countertops featuring a waterfall side and all-new cabinetry that is both functional and stylish. Every room has custom mounted oversized TVs, including a brand new 70 inch Samsung smart TV in the living room, a 55 inch Samsung TV in the Master Bedroom, and 50 inch Samsung smart TVs in the other bedrooms.

All finishes throughout the property are of high-end residential grade, with custom shelving in the walk-in master closet and laundry room. The shiplap accent walls in every room and entryway add a touch of coastal charm that will transport you to a relaxing beach vacation.

After being renovated, The property generated an impressive $65,000 in rental income in only 4 months of 2022 and has rental projections of $130,000 for 2023. The brand new blackout drapes in the master bedroom ensure a restful night's sleep, while the new ceiling fans in every room help to keep you cool and comfortable.

Don't miss out on the opportunity to own this stunning property that is sure to impress. Schedule a showing today and experience the Coastal Elegance and high-end luxury.

Last Agent to Sell the Property

Dustin Cornwell

Dream Destin Realty PLLC Listed on: 03/13/2023

Last Buyer's Agent

Brian Burgett

Dream Destin Realty PLLC License #3487475

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,389

Year Built

  • Built in 1996

Lot Details

HOA Fees

  • $1,450 Monthly HOA Fees

Home Design

  • Mirrored Walls
  • Metal Roof
  • Steel Siding
  • Stucco

Interior Spaces

  • 1,622 Sq Ft Home
  • Furnished
  • Window Treatments
  • Entrance Foyer
  • Dining Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • 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
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deeded access to the beach

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1313-0000-1720

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, legal, management, recreational faclty, repairs/maintenance, security, sewer, water, cable TV, trash
  • Jade East Towers Condo Subdivision

Amenities

  • Picnic Area
  • Community Pavilion
  • Elevator

Recreation

  • Beach
  • Community Whirlpool Spa

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,389

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,450 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: JADE EAST TOWERS CONDO
  • Directions: Across from Big Kahunas Water Park. Between Breakers East and Pelican Beach Resort on the south side of Highway 98.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1996
  • 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
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Foyer: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Balcony2: Yes
  • Special Features: None

Interior Features

  • Appliances: 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
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Split Bedroom, Walls Mirrored, Window Treatment All
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: 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:Window Treatment All: Yes
  • Interior:Walls Mirrored: Yes

Exterior Features

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

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: 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: Beach, Deed Access, Dumpster, Elevators, Exercise Room, Gated Community, Pavillion/Gazebo, Picnic Area, Pool, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 4348.67
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Legal, Management, Recreational Faclty, Repairs/Maintenance, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-1313-0000-1720
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8389.31
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Apr 12, 2023
Sold by
Rbe Properties Llc
Bought by
Jadison Group Llc
Seller's Agent
Dustin Cornwell
Dream Destin Realty PLLC
Buyer's Agent
Brian Burgett
Dream Destin Realty PLLC
List Price
$1,539,000
Sold Price
$1,475,000
Premium/Discount to List
-$64,000
-4.16%
Current Estimated Value
$1,257,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$217,282
Avg. Annual Appreciation
-6.20%
Original Mortgage
$300,000
Outstanding Balance
$291,738
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$965,980

Purchase Details

Listed on
Dec 20, 2021
Closed on
Feb 2, 2022
Sold by
Engelkes and Barbara
Bought by
Rbe Properties Llc
Seller's Agent
Timothy Kirk
World Impact Real Estate
Buyer's Agent
Dustin Cornwell
Dream Destin Realty PLLC
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.49%

Purchase Details

Listed on
Dec 20, 2021
Closed on
Jan 3, 2022
Sold by
Crabtree Melissa L and Crabtree Scotty D
Bought by
Engelkes Ross and Engelkes Barbara
Seller's Agent
Timothy Kirk
World Impact Real Estate
Buyer's Agent
Dustin Cornwell
Dream Destin Realty PLLC
List Price
$1,200,000
Sold Price
$1,200,000

Purchase Details

Listed on
Sep 9, 2018
Closed on
Nov 9, 2018
Sold by
Perrott Walter W and Perrott Rebecca B
Bought by
Crabtree Melissa L and Crabtree Scotty D
Seller's Agent
Sharon Gross
Keller Williams Realty Destin
Buyer's Agent
Debra Kirk
Eimers Group Inc
List Price
$673,500
Sold Price
$673,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.12%
Original Mortgage
$538,800
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2001
Sold by
Perrott Thompson Andrew Lewis and Perrott Thompson Francina
Bought by
Perrott Walter W and Perrott Rebecca B
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
Jadison Group Llc $1,475,000 None Listed On Document
Jadison Group Llc $1,475,000 None Listed On Document
Rbe Properties Llc -- Emerald Coast Title Services
Engelkes Ross $1,200,000 Emerald Coast Title Services
Crabtree Melissa L $673,500 Aqua Title Services
Perrott Walter W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jadison Group Llc $300,000
Closed Jadison Group Llc $300,000
Previous Owner Crabtree Melissa L $538,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2023 04/17/23 Sold $1,475,000 -4.2% $909 / Sq Ft
03/13/2023 03/13/23 For Sale $1,539,000 +28.3% $949 / Sq Ft
03/12/2023 03/12/23 Pending -- -- --
01/03/2022 01/03/22 Sold $1,200,000 0.0% $740 / Sq Ft View Prior Sale
12/20/2021 12/20/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $1,200,000 +78.2% $740 / Sq Ft
11/09/2018 11/09/18 Sold $673,500 0.0% $415 / Sq Ft View Prior Sale
09/14/2018 09/14/18 Pending -- -- --
09/09/2018 09/09/18 For Sale $673,500 -- $415 / 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 $12,400 $1,141,800 -- $1,141,800
2023 $12,400 $1,038,000 $0 $1,038,000
2022 $8,389 $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 $5,934 $499,780 $0 $0
2017 $5,909 $489,500 $0 $0
2016 $5,758 $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: 918771

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1313-0000-1720