$1,300,000
SOLD JAN 8, 2025

1048 Highway 98 E Unit 1003 Destin, FL 32541

3 Beds
3 Baths
1,790 Sq Ft
$1,275/mo HOA Fee

Recently Sold

$726 Per Sq Ft

13% Below List Price

123 Days on Market

Highlights

  • Property fronts gulf or ocean
  • In Ground Pool
  • Furnished
  • Destin Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Elevator

About This Home

As of January 2025

You feel nothing but calm and serenity when you enter this unit with views of the Gulf of Mexico from this 10th floor expansive balcony. Inside, floor to ceiling windows provide an expansive view of the water of Destin's Emerald Coast and sandy white beach. This unit provides amazing sunsets for relaxing with a glass of wine or cup of coffee at the end of your beach day. Good rental history with this one. Plus, you will be deeded your own parking space in the covered garage as an added bonus. Gourmet kitchen with granite countertops and wood cabinetry. Pools are beach side with BBQ area. Walk to numerous restaurants, shops, etc from your unit, and conveniently located close to the Destin's private and public airports. Being sold turnkey and rental ready

Last Agent to Sell the Property

Kimberly Rose

Berkshire Hathaway HomeServices License #3389970 Listed on: 08/08/2024

Berkshire Hathaway HomeServices

Last Buyer's Agent

Mike Johnson

Century 21 BE3 License #3357165

Century 21 BE3

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,365

Year Built

  • Built in 2004

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $1,275 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Deeded Parking

Home Design

  • Concrete Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 1,790 Sq Ft Home
  • Furnished
  • Entrance Foyer
  • Living Room
  • Tile Flooring
  • Gulf Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Built-In Barbecue

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

  • Assessor Parcel Number 00-2S-22-2317-0000-1003

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, management, master, utilities, recreational faclty, cable TV
  • Silver Beach Towers Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Community Pool
  • Community Whirlpool Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,365

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,275 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Silver Beach Towers
  • Directions: Located at the intersection of Highway 98 and Airport Road, south side of 98. West building is the one on the right.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2004
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Floor Tile, Furnished - All, Owner's Closet
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Steel, Stucco
  • Exterior Features: BBQ Pit/Grill, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes

Garage/Parking

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

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: BBQ Pit/Grill, Elevators, Picnic Area, Pool, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 3826.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Management, Master Association, Other Utilities, Recreational Faclty, Cable TV

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2317-0000-1003
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11364.8
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Jan 8, 2025
Sold by
H & S Of Destin Llc
Bought by
Axere Llc
Seller's Agent
Kimberly Rose
Berkshire Hathaway HomeServices
Buyer's Agent
Mike Johnson
Century 21 BE3
List Price
$1,499,000
Sold Price
$1,300,000
Premium/Discount to List
-$199,000
-13.28%
Views
22
Current Estimated Value
$1,340,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,537
Avg. Annual Appreciation
7.23%
Original Mortgage
$1,169,870
Outstanding Balance
$1,166,831
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$173,706

Purchase Details

Closed on
Nov 13, 2020
Sold by
Housman Brian Earl and Culley Housman Krista
Bought by
H & S Of Destin Llc

Purchase Details

Listed on
Apr 1, 2020
Closed on
Jul 27, 2020
Sold by
Nein Jerry W
Bought by
Housman Brian Earl and Housman Krista Lynn
Seller's Agent
John Moran
Keller Williams Realty Destin
Buyer's Agent
Kimberly Rose
Berkshire Hathaway HomeServices
List Price
$825,000
Sold Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$618,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2013
Sold by
Nein Hans J and Nein Celeste
Bought by
Nein Hans J and Nein Celeste

Purchase Details

Closed on
Jul 22, 2004
Sold by
Nein Jerry and Nein Donica
Bought by
Nein Hans J and Nein Celeste
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 Type Sale Price Title Company
Warranty Deed $1,300,000 Waypoint Title
Warranty Deed $1,300,000 Waypoint Title
Quit Claim Deed $616,075 Accommodation
Warranty Deed $825,000 Attorney
Interfamily Deed Transfer -- Fatco
Interfamily Deed Transfer $540,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,169,870 New Conventional
Closed $1,169,870 New Conventional
Previous Owner $618,750 New Conventional
Previous Owner $500,000 Unknown
Previous Owner $590,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $1,300,000 -13.3% $726 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $1,499,000 +81.7% $837 / Sq Ft
07/27/2020 07/27/20 Sold $825,000 0.0% $461 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $825,000 -- $461 / 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 $11,838 $1,200,000 -- $1,200,000
2023 $11,838 $1,200,000 $0 $1,200,000
2022 $8,918 $740,000 $0 $740,000
2021 $8,693 $700,000 $0 $700,000
2020 $8,133 $650,000 $0 $650,000
2019 $8,245 $650,000 $0 $650,000
2018 $7,897 $615,000 $0 $0
2017 $7,894 $604,000 $0 $0
2016 $7,846 $604,000 $0 $0
2015 $7,843 $592,000 $0 $0
2014 $7,662 $577,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 956460

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2317-0000-1003