NOT LISTED FOR SALE

1048 Highway 98 E Unit 1102W Destin, FL 32541

Estimated Value: $1,006,000 - $1,069,000

2 Beds
2 Baths
1,362 Sq Ft
0.37 Acres Lot

Sale Details

Date Sold: January 31, 2020

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

Est. 44% increase in value since last sale

Current estimated payment $7,142 / mo

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
  • Block Exterior

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

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

Listed on
Oct 18, 2019
Closed on
Jan 31, 2020
Sold by
Bought by
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
$1,044,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,025
Avg. Annual Appreciation
5.87%
Original Mortgage
$580,000
Outstanding Balance
$510,577
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$533,448

Purchase Details

Listed on
Mar 21, 2017
Closed on
Mar 27, 2017
Sold by
Bought by
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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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

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
$725,000 Aqua Title Services
$725,000 Mcneese Title Llc
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 $580,000
Previous Owner $572,000
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
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

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 $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

    58 in this area

    95 Total Sales

    Ed Smith
    Section Image

  • B

    Buyer's Agent in 2020

    Beau Blankenship

    Christies International Real Estate Emerald Coast

    (414) 559-6998

    20 Total Sales

    Beau Blankenship
    Section Image
  • Brent Winjum

    Seller's Agent in 2017

    Brent Winjum

    Aquatic Resort Properties Inc

    (850) 259-9500

    13 in this area

    28 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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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