NOT LISTED FOR SALE

1048 Highway 98 E Unit 1102W Destin, FL 32541

Estimated Value: $973,000 - $1,109,000

2 Beds
2 Baths
1,362 Sq Ft
$687/ mo HOA Fee

Last Sold January 31, 2020

Last sale price $725,000 $532 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,923/month

74 Days on Market

Highlights

  • Community Boat Dock
  • Beach
  • Deeded access to the beach
  • Destin Elementary School Rated A-
  • Property fronts gulf or ocean
  • Heated In Ground Pool

About This Home

As of January 2020

Don't miss this fabulous 2 bedroom, 2 bath residence in Silver Beach Towers West. Silver Beach Towers is a 5 star property where the owners and guests truly have it all: the beach, the sand, and lots of amenities. This unit has been updated through-out. Porcelain tile floors in the great room & kitchen, granite counters, stainless appliances, and the upscale dcor you would expect in a renovated unit. Amenities include 2 large gulf front swimming pools & hot tubs, grilling area, private dune boardwalk, tennis courts and grilling area. Tremendous rental income! If ''location'' is a must-have, this is your final destination.

Last Agent to Sell the Property

Ed Smith

RE/MAX Coastal Properties License #502505 Listed on: 10/18/2019

RE/MAX Coastal Properties

Last Buyer's Agent

Beau Blankenship

Christies International Real Estate Emerald Coast License #3305087

Christies International Real Estate Emerald Coast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,533

Year Built

  • Built in 2003

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $687 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Deeded Parking

Home Design

  • Membrane Roofing
  • Concrete Siding

Interior Spaces

  • 1,362 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Great Room
  • Tile Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Dressing Area
  • 2 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Above Ground Pool

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Air
  • High Efficiency Heating System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2317-0000-1102

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Community Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,533

Year Built

Built in 2003

Lot Details

0.37 Acres

HOA Fees

$687 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SILVER BEACH TOWERS
  • Directions: Hwy 98 and Airport Road direct gulf front. Across the street from the Destin Diner. The West tower is on the right as you drive into the complex
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2003
  • Remarks Misc:Remarks: Don't miss this fabulous 2 bedroom, 2 bath residence in Silver Beach Towers West. Silver Beach Towers is a 5 star property where the owners and guests truly have it all: the beach, the sand, and lots of amenities. This unit has been updated through-out. Porcelain tile floors in the great room & kitchen, granite counters, stainless appliances, and the upscale dcor you would expect in a renovated unit. Amenities include 2 large gulf front swimming pools & hot tubs, grilling area, private dune boardwalk, tennis courts and grilling area. Tremendous rental income! If ''location'' is a must-have, this is your final destination.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Energy:Heat High Efficiency: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Great Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Elevator, Floor Tile, Furnished - All, Owner's Closet, Washer/Dryer Hookup
  • Stories: 19
  • 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
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Block, Roof Membrane
  • Exterior Features: Balcony, Pool - Above Ground, Pool - Heated, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Exterior:Pool - Above Ground: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Covered, Deeded, Guest
  • 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, Dock, Elevators, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 2060.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Management, Master Association, Recreational Faclty, Security, Services, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2317-0000-1102
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6533.29
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Jan 31, 2020
Sold by
Florendo Kelly J and Florendo Brenda
Bought by
13405 Main Road Llc
Seller's Agent
Ed Smith
RE/MAX Coastal Properties
Buyer's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$1,039,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,490
Avg. Annual Appreciation
6.05%
Original Mortgage
$580,000
Outstanding Balance
$510,577
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$528,913

Purchase Details

Listed on
Mar 21, 2017
Closed on
Mar 27, 2017
Sold by
Pitts James C and Pitts Joann
Bought by
Florendo Kelly J and Florendo Brenda
Seller's Agent
Brent Winjum
Aquatic Resort Properties Inc
Buyer's Agent
ecn.rets.e2578
ecn.rets.RETS_OFFICE
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$572,000
Interest Rate
4.15%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
13405 Main Road Llc $725,000 Aqua Title Services
Florendo Kelly J $725,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 13405 Main Road Llc $580,000
Previous Owner Florendo Kelly J $572,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2020 01/31/20 Sold $725,000 0.0% $532 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $725,000 0.0% $532 / Sq Ft
03/27/2017 03/27/17 Sold $725,000 0.0% $532 / Sq Ft View Prior Sale
03/21/2017 03/21/17 For Sale $725,000 -- $532 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
Source: Emerald Coast Association of REALTORS®

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
2025 $9,920 $850,000 -- $850,000
2024 $8,804 $850,000 -- $850,000
2023 $8,804 $800,000 $0 $800,000
2022 $7,593 $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 $6,806 $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

  • Ed Smith

    Seller's Agent in 2020

    Ed Smith

    RE/MAX Coastal Properties

    (850) 259-0602

    65 in this area

    111 Total Sales

    Ed Smith
    Section Image

  • B

    Buyer's Agent in 2020

    Beau Blankenship

    Christies International Real Estate Emerald Coast

    (414) 559-6998

    26 Total Sales

    Beau Blankenship
    Section Image
  • Brent Winjum

    Seller's Agent in 2017

    Brent Winjum

    Aquatic Resort Properties Inc

    (850) 259-9500

    16 in this area

    33 Total Sales

    Brent Winjum
    Section Image

  • e

    Buyer's Agent in 2017

    ecn.rets.e2578

    ecn.rets.RETS_OFFICE

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 817740

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2317-0000-1102

Florida Okaloosa County Destin 32541

1048 Highway 98 E Unit 1102W, Destin, FL

Not Listed for Sale

Condos

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