$825,000
SOLD JUL 27, 2020

1048 Highway 98 E Unit 1003 Destin, FL 32541

3 Beds
3 Baths
1,790 Sq Ft
$761/mo HOA Fee

Recently Sold

$461 Per Sq Ft

74 Days on Market

Highlights

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

About This Home

As of January 2025

This is the quintessential luxe beach residence + parking space in fabulous Silver Beach Towers. Situated on the best stretch of Destin's white sand beach, this condo showcases panoramic views of the beautiful Gulf of Mexico. This stunning West building condo offers the best sunset views and features three spacious bedrooms including a Gulf front master suite, 3 full bathrooms and a large living area with magnificent windows and an extra large balcony with high quality patio furniture to take advantage of the unbelievable views. The gourmet kitchen features sleek black granite counters and stunning wood cabinetry. Come and discover the many treasures of Silver Beach Towers including wo sparkling gulf front pools and spas, deeded parking space, separate owner's storage, lush landscaping and grilling area, beachside rentals to include chairs & umbrellas, kayaks, paddleboards and more plus a secured gated entry and a lavish lobby and on-site rental office. Silver Beach Towers is perfectly located near the best shopping, dining, restaurants, entertainment, spas and golf!

Last Agent to Sell the Property

John Moran

Keller Williams Realty Destin Listed on: 04/01/2020

Keller Williams Realty Destin

Last Buyer's Agent

Kimberly Rose

Berkshire Hathaway HomeServices License #3389970

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,245

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $761 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Deeded Parking

Home Design

  • Concrete Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 1,790 Sq Ft Home
  • Furnished
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Tile Flooring
  • Gulf Views

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Balcony

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, recreational faclty, sewer, water, cable TV, trash
  • 96 Buildings
  • 96 Units
  • Silver Beach Towers Subdivision
  • 19-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator
  • Community Storage Space

Recreation

  • Beach
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,245

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$761 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SILVER BEACH TOWERS
  • Directions: Located on Highway 98 just west at Airport Road intersection
  • Architectural Style: N/A
  • New Construction: No
  • Year Built: 2004
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Foyer: Yes
  • Rooms:Great Room: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 96
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Tile, Furnished - All, Renovated, Washer/Dryer Hookup, Window Treatment All
  • Stories: 19
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: 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:Ceiling Crwn Molding: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Deeded
  • Parking Features:Garage3: 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, Deed Access, Dumpster, Elevators, Picnic Area, Pool, Separate Storage, TV Cable, Waterfront
  • Association #2 Fee: 2283.0
  • 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, Recreational Faclty, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

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

Multi Family

  • Number Of Units In Community: 96

Tax Info

  • Tax Annual Amount: 8244.93
  • Tax Year: 2019

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
$1,351,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,290
Avg. Annual Appreciation
9.32%
Original Mortgage
$1,169,870
Outstanding Balance
$1,166,831
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$198,484

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
10.60%
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

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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: 843913

Emerald Coast Association of REALTORS®

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