NOT LISTED FOR SALE

1048 Highway 98 E Unit 1005 Destin, FL 32541

Destin Area

Estimated Value: $1,056,966

2 Beds
2 Baths
1,362 Sq Ft
2004 Built

Sale Details

Date Sold: May 8, 2019

Last sale price $677,000 $497 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,493 / mo

63 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • In Ground Pool
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Primary Bedroom Suite

About This Home

As of May 2019

$70,000+ in Rental Income! Looking for a luxurious beach getaway with stunning Gulf Views & strong annual rental income to offset costs!?! You've found it! Offering a fantastic open layout on the 10 floor with TWO Gulf Front Bedrooms, enjoy spectacular Gulf views from almost every room. Relax & unwind while viewing amazing sunrises & sunsets from your extra-large balcony. This condo's views, floor plan w/ high ceilings & crown moulding, upscale Kitchen & Large Baths, Full Laundry Room & high-end finishes have generated in excess of $70,000 rental income in 2018. This unit comes Fully Furnished & has a Deeded, Covered Parking Space in the Garage & deeded Storage Unit provide convenience and peace of mind. There is also plenty of guest parking on the lobby entry level. Read More... Upgrades also include large format tile in the commons areas, Upgraded Bathrooms, Upgraded Kitchen with Granite Countertops & Wood Cabinets, Separate Laundry Room with full sized Washer & Dryer, Owners' Storage to include a closet in the unit & a separate storage cage in the base level of the condo. The Master Bedroom is spacious with large windows & access to the balcony. The Master Bathroom features dual vanity sinks, Large soaking tub, & Spacious walk-in Shower. The Guest Bedroom is also located facing the Gulf & offers access to the Balcony. The Guest Bathroom offers a spacious walk-in shower. Unit is located in one of Destin's Premier Condo Complexes with Two Gulf Front Pools & 2 Hot Tubs, Tennis Court, Outdoor Grills, Picnic Area, & Luxury Finished Common Areas. All Sitting on 600 feet of sugar white sands & emerald green Gulf water! Complex also offers onsite Rental Management Services & Optional Seasonal Beach Chair & Umbrella Concierge Service to enhance your luxury vacation experience. This is truly the Opportunity to make your Dreams of having your own piece of Luxury Beach Paradise a Reality! Primary, 2nd Home, or Vacation Investment this Condo Offers it ALL! Don't Wait Call your Realtor Today!

Last Agent to Sell the Property

Karen Martineau

RE/MAX Coastal Properties License #3096846 Listed on: 02/04/2019

RE/MAX Coastal Properties

Co-Listed By

Glenda Lichorwic

RE/MAX Coastal Properties License #3247032

Last Buyer's Agent

Janette Klein

Scenic Real Estate License #577416

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,103

Year Built

  • Built in 2004

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $687 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Deeded Parking

Home Design

  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,362 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Dining Area
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2317-0000-1005

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, management, recreational faclty, sewer, water, cable TV, trash
  • Silver Beach Towers Subdivision

Amenities

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

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,103

Year Built

Built in 2004

Lot Details

0 Sq Ft Lot

HOA Fees

$687 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EMAX
  • Co List Office Phone: 850-837-9900
  • Subdivision Name: SILVER BEACH TOWERS
  • Directions: Condo Complex is located Gulf Side on Highway 98 at the Airport Rd. intersection & Light. Condo is located in the West Tower (Right Side).
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2004
  • ResoBuildingAreaSource: Appraiser
  • Remarks Misc:Remarks: $70,000+ in Rental Income! Looking for a luxurious beach getaway with stunning Gulf Views & strong annual rental income to offset costs!?! You've found it! Offering a fantastic open layout on the 10 floor with TWO Gulf Front Bedrooms, enjoy spectacular Gulf views from almost every room. Relax & unwind while viewing amazing sunrises & sunsets from your extra-large balcony. This condo's views, floor plan w/ high ceilings & crown moulding, upscale Kitchen & Large Baths, Full Laundry Room & high-end finishes have generated in excess of $70,000 rental income in 2018. This unit comes Fully Furnished & has a Deeded, Covered Parking Space in the Garage & deeded Storage Unit provide convenience and peace of mind. There is also plenty of guest parking on the lobby entry level. Read More...
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Foyer: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Dining Area: Yes
  • Rooms:Great Room: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Ceiling Tray/Cofferd, Elevator, Floor Tile, Floor WW Carpet, Furnished - All, Lighting Recessed, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Window Treatment All
  • Stories: 17
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • 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:Elevator: Yes
  • Interior:Floor Tile: 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:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling TrayCofferd: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Block, Foundation On Piling, Roof Concrete, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Hot Tub, Pool - In-Ground, Tennis Court
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Tennis Court: Yes
  • ConstructionSiding:Roof Concrete: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Garage, Covered, Deeded, Guest
  • Parking Features:Garage Attached: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Deeded: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Deed Access, Dumpster, Elevators, Pets Allowed, Picnic Area, Pool, Separate Storage, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 2060.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Management, 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-22-2317-0000-1005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6103.28
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Justus William L
Bought by
Current Estimated Value
$1,056,966

Purchase Details

Listed on
Feb 4, 2019
Closed on
May 8, 2019
Sold by
Smith Stephen and Bentz Sr Bankruptey Es Reece C
Bought by
Justus William L
Seller's Agent
Karen Martineau
RE/MAX Coastal Properties
Buyer's Agent
Janette Klein
Scenic Real Estate
List Price
$677,000
Sold Price
$677,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%

Purchase Details

Listed on
Apr 10, 2012
Closed on
Aug 13, 2012
Sold by
Lamourchux Shelley
Bought by
Bentz Reece C and Bentz Kathryn D
Seller's Agent
John Cook
Coldwell Banker Realty
Buyer's Agent
Glenda Lichorwic
RE/MAX Coastal Properties
List Price
$520,000
Sold Price
$520,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%
Original Mortgage
$388,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Destin, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Justus William L $677,000 Attorney
Bentz Reece C $520,000 Touchstone Land Title Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $510,400
Previous Owner Bentz Reece C $388,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2019 05/08/19 Sold $677,000 0.0% $497 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $677,000 +30.2% $497 / Sq Ft
08/13/2012 08/13/12 Sold $520,000 0.0% $382 / Sq Ft View Prior Sale
07/03/2012 07/03/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $520,000 -- $382 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,067 $850,000 $850,000
2024 $8,936 $850,000 $850,000
2023 $8,936 $800,000 $0 $800,000
2022 $7,713 $640,000 $0 $640,000
2021 $7,016 $565,000 $0 $565,000
2020 $6,882 $550,000 $0 $550,000
2019 $6,976 $550,000 $0 $550,000
2018 $6,700 $530,000 $0 $0
2017 $6,103 $467,000 $0 $0
2016 $6,066 $467,000 $0 $0
2015 $6,067 $458,000 $0 $0
2014 $5,665 $426,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 815388

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2317-0000-1005

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