NOT LISTED FOR SALE

1048 Highway 98 E Unit 1403 Destin, FL 32541

Destin Area

Estimated Value: $1,383,357

3 Beds
3 Baths
1,790 Sq Ft
0.37 Acre Lot

Sale Details

Date Sold: February 26, 2015

Last sale price $724,000 $404 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $9,231 / mo

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Spa
  • Destin Elementary School Rated A-
  • Fitness Center
  • Fishing

About This Home

As of February 2015

No detail was spared in this fabulous 3 bedroom, 3 bath residence (with private parking spot) in one of Destin's most luxurious condo resorts. Silver Beach Towers is a 5 star property where the owners and guests truly have it all: the beach, the sand and the memories! This spacious, well-decorated unit is pristine. Updated through-out with 18x18 porcelain tile floors,and upscale decor. When enjoying your new beach home, you will certainly enjoy the unparalleled view of the Emerald Coast, the large gulf front swimming pools 2 large hot tubs, grilling area, and private dune boardwalk. If ''location, location, location'' is a must-have for your real estate purchases, this is your final destination.

Last Agent to Sell the Property

Brent Winjum

Aquatic Residential Leasing License #3223441 Listed on: 01/22/2015

Last Buyer's Agent

Cathy Turner

RE/MAX Southern Realty

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,604

Year Built

  • Built in 2004

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $821 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Newly Painted Property
  • Concrete Siding
  • Block Exterior
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,790 Sq Ft Home
  • Furnished
  • Woodwork
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Dining Room
  • Gulf Views

Kitchen

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

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Outdoor Shower
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2317-0000-1403

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, legal, management, sewer, water, cable TV, trash
  • Silver Beach Towers Subdivision
  • 19-Story Property

Amenities

  • Picnic Area
  • Elevator
  • Community Storage Space

Recreation

  • Beach
  • Tennis Courts
  • Fitness Center
  • Exercise Course
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,604

Year Built

Built in 2004

Lot Details

0.37 Acres

HOA Fees

$821 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • MLS Status: Sold
  • Standard Status: Closed
  • Subdivision Name: SILVER BEACH TOWERS
  • Directions: Located in mid-Destin at the light of Airport Rd and Hwy 98, on the south side of the intersection.
  • Architectural Style: N/A
  • New Construction: No
  • Year Built: 2004
  • Remarks Misc:Remarks: No detail was spared in this fabulous 3 bedroom, 3 bath residence (with private parking spot) in one of Destin's most luxurious condo resorts. Silver Beach Towers is a 5 star property where the owners and guests truly have it all: the beach, the sand and the memories! This spacious, well-decorated unit is pristine. Updated through-out with 18x18 porcelain tile floors,and upscale decor. When enjoying your new beach home, you will certainly enjoy the unparalleled view of the Emerald Coast, the large gulf front swimming pools 2 large hot tubs, grilling area, and private dune boardwalk. If ''location, location, location'' is a must-have for your real estate purchases, 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:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Waterfront:Unit Waterfront: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Floor WW Carpet, Furnished - All, Lighting Recessed, Newly Painted, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Stories: 19
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: 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:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Unit Waterfront, Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Block, Foundation On Piling, Stucco
  • Exterior Features: Balcony, Hot Tub, Patio Covered, Patio Open, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Shower: Yes
  • Exterior:Hot Tub: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Covered
  • Parking Features:Garage3: Yes
  • Parking Features:Covered: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Dumpster, Elevators, Exercise Room, Fishing, Picnic Area, Pool, Separate Storage, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 2462.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Legal, Management, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2317-0000-1403
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6603.92
  • Tax Year: 2012

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 11, 2016
Sold by
Makaye George and Makaye George
Bought by
Current Estimated Value
$1,383,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,000
Outstanding Balance
$422,519
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$960,838

Purchase Details

Listed on
Jan 22, 2015
Closed on
Feb 26, 2015
Sold by
Hollomon David L and Hollomon Sherry M
Bought by
Makaye George and Makaye Alicia
Seller's Agent
Brent Winjum
Aquatic Residential Leasing
Buyer's Agent
Cathy Turner
RE/MAX Southern Realty
List Price
$724,000
Sold Price
$724,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$543,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2011
Sold by
Regions Bank
Bought by
Hollomon David L and Hollomon Sherry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,900
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2009
Sold by
Salley Thomas Boone and Citibank Federal Savings Bank
Bought by
Regions Bank
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$100 --
Makaye George $724,000 Attorney
Hollomon David L $565,000 None Available
Regions Bank $335,000 Attorney
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 $543,000
Previous Owner Makaye George $543,000
Previous Owner Hollomon David L $507,900
Previous Owner Salleym Thomas B $250,000
Previous Owner Salley Thomas Boone $845,000
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
02/26/2015 02/26/15 Sold $724,000 0.0% $404 / Sq Ft
01/22/2015 01/22/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $724,000 -- $404 / 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 $12,822 $1,200,000 $1,200,000
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

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 706097

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2317-0000-1403

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