Seller's Agent in 2023
Wayne Myshin
ERA American Real Estate
(850) 651-2454
3 in this area
63 Total Sales
Jade East Towers 1018 Highway 98 E Unit 510 Destin, FL 32541
Estimated Value: $1,153,735 - $1,243,000
3
Beds
3
Baths
1,622
Sq Ft
$1,231/mo
HOA Fee
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 2023Wake up to the soothing melody of crashing waves and let the gentle lullaby of seagulls serenade you to sleep at night. This magnificent 3-bedroom, 3 bathroom condo, nestled directly on the pristine shores of the Gulf of Mexico, offers an unparalleled coastal living experience with breathtaking views of the renowned Emerald Coast.Boasting a spacious layout, this condo comfortably accommodates up to 8 people, making it the perfect retreat for families and groups of friends seeking a memorable beach getaway. Step out onto the private balcony, and be captivated by panoramic vistas of the azure Gulf waters stretching as far as the eye can see. Watch the sun paint the sky with vibrant hues during sunset, and revel in the tranquility of this idyllic setting.The fully equipped kitchen allows you to prepare delicious meals with ease, while a washer and dryer in the unit provide convenience for extended stays. Embrace the ultimate beachfront lifestyle, as this condo offers direct access to the sandy shoreline, placing sun, sand, and surf right at your doorstep. Explore the nearby restaurants and shops, immersing yourself in the vibrant coastal culture and savoring delectable local cuisine.Beyond its allure as a personal sanctuary, this condo presents a remarkable investment opportunity. In 2022 alone, it generated over $100,000 in rental income, a testament to its desirability as a sought-after vacation rental. With its prime location and irresistible views, this property is destined to remain a popular choice among discerning vacationers.Don't let this chance slip away - seize the opportunity to own a slice of paradise on the magnificent Emerald Coast. Whether you seek a serene haven for your own pleasure or a lucrative investment venture, this remarkable condo promises to exceed your expectations and deliver an extraordinary coastal living experience. The Milestone structural inspection has been completed on this property.
Last Agent to Sell the Property
ERA American Real Estate License #3010313 Listed on: 06/02/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,140
Year Built
- Built in 1996
Lot Details
- 5
HOA Fees
- $1,231 Monthly HOA Fees
Home Design
- Newly Painted Property
Interior Spaces
- 1,622 Sq Ft Home
- Furnished
- Woodwork
- Ceiling Fan
- Double Pane Windows
- Window Treatments
- Insulated Doors
- Living Room
- Dining Area
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Induction Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Painted or Stained Flooring
- Tile
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
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
- Phone Available
- Cable TV Available
Additional Features
- Energy-Efficient Doors
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-1313-0000-0510
Community Details
Overview
- Association fees include accounting, ground keeping, insurance, internet service, legal, management, recreational faclty, security, sewer, water, cable TV, trash
- Jade East Towers Condo Subdivision
- 20-Story Property
Amenities
- Community Barbecue Grill
- Picnic Area
- Community Pavilion
- Recreation Room
- Elevator
Recreation
- Beach
- Community Whirlpool Spa
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2022
Closed on
Sep 15, 2023
Sold by
Reaa Company Llc
Bought by
Lee Terry R
Seller's Agent
Wayne Myshin
ERA American Real Estate
Buyer's Agent
Elizabeth Boswell
The Premier Property Group
List Price
$1,450,000
Sold Price
$1,275,000
Premium/Discount to List
-$175,000
-12.07%
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,316
Avg. Annual Appreciation
-2.99%
Purchase Details
Closed on
Sep 24, 2009
Sold by
Wachovia Bank Na
Bought by
Reaa Company Llc
Purchase Details
Closed on
May 28, 2009
Sold by
Collier Willard Clint
Bought by
Wachovia Bank Na
Purchase Details
Closed on
Feb 28, 2006
Sold by
Midwest Capital Funding Corp
Bought by
Collier Willard Clint
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 1, 2005
Sold by
Miller Russell J and Miller Brenda M
Bought by
Midwest Capital Funding Corp
Purchase Details
Closed on
Oct 10, 2003
Sold by
Patil Vinit and Patil Katie
Bought by
Miller Russell J and Miller Brenda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Terry R | $1,275,000 | None Listed On Document | |
| Reaa Company Llc | $475,000 | Attorney | |
| Wachovia Bank Na | -- | Attorney | |
| Collier Willard Clint | $880,000 | Southern Escrow & Title Llc | |
| Midwest Capital Funding Corp | $895,000 | Southern Escrow & Title Llc | |
| Miller Russell J | $550,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Collier Willard Clint | $650,000 | |
| Previous Owner | Miller Russell J | $412,500 | |
| Closed | Midwest Capital Funding Corp | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | $1,275,000 | -7.6% | $786 / Sq Ft |
| 08/17/2023 08/17/23 | Pending | -- | -- | -- |
| 05/10/2023 05/10/23 | Price Changed | $1,380,000 | -1.4% | $851 / Sq Ft |
| 08/24/2022 08/24/22 | Price Changed | $1,400,000 | -3.4% | $863 / Sq Ft |
| 06/02/2022 06/02/22 | For Sale | $1,450,000 | -- | $894 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $10,224 | $1,045,000 | -- | $1,045,000 |
| 2023 | $10,224 | $1,045,000 | $0 | $1,045,000 |
| 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 | $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
-
Wayne Myshin
-
Elizabeth Boswell
Buyer's Agent in 2023
Elizabeth Boswell
The Premier Property Group
(850) 543-8128
39 in this area
114 Total Sales
About Jade East Towers
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 900138
APN: 00-2S-22-1313-0000-0510
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