1048 Highway 98 E Unit 1901 Destin, FL 32541
5
Beds
5
Baths
3,600
Sq Ft
$1,087/mo
HOA Fee
Highlights
- Beach
- Property fronts gulf or ocean
- Bay View
- Destin Elementary School Rated A-
- Deeded access to the beach
- Vaulted Ceiling
About This Home
As of April 2013This two story penthouse is located on the 19th and 20th floor of Silver Beach Towers West, on the East end, a premier gulf front building directly on the beach 110' feet from the water. Silver Beach East and West front the gulf with over 600' feet. Features and amenities include heated swimming pool, hot tub,private dune boardwalk to beach and lighted tennis courts. Two story great room, dining room and first and second master bedrooms are gulf front. This condo has just been refurbished by Sugar Beach Interiors to include new paint, new carpet and some new furnishings. Upgrades include travertine, granite countertops, stainless steel appliances. This condo has been used as a corporate retreat and was professionally decorated by Sugar Beach Interiors originally with great attention to detail. Penthouse 1 also includes a 2 car garage within the garage, spaces #19/20. This is a perfect condo for 2 families as there are 2 exact Gulf Front Master Bedrooms on the first and second floor.
Last Agent to Sell the Property
Elizabeth Sumrall
Coldwell Banker Realty Listed on: 02/07/2013
Last Buyer's Agent
Non -member
Cross Creek Realty Llc
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $19,789
Year Built
- Built in 2004
Lot Details
- Property fronts gulf or ocean
HOA Fees
- $1,087 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Guest Parking
- Deeded Parking
Property Views
- Bay
- Gulf
Home Design
- Concrete Siding
- Piling Construction
Interior Spaces
- 3,600 Sq Ft Home
- Wet Bar
- Furnished
- Woodwork
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Window Treatments
- Entrance Foyer
- Great Room
- Family Room
- Exterior Washer Dryer Hookup
Kitchen
- Breakfast Bar
- Walk-In Pantry
Flooring
- Painted or Stained Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- 5 Full Bathrooms
Outdoor Features
- Deeded access to the beach
- Balcony
- Covered Deck
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Cooling System Powered By Gas
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2317-00PH-1901
Community Details
Overview
- Silver Beach Towers Subdivision
- 12-Story Property
Amenities
- Community Barbecue Grill
- Picnic Area
- Elevator
- Community Storage Space
Recreation
- Beach
- Tennis Courts
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2013
Closed on
Apr 2, 2013
Sold by
Concord Investments Llc
Bought by
Mcr Beach Investments Llc
Seller's Agent
Elizabeth Sumrall
Coldwell Banker Realty
Buyer's Agent
Non -member
Cross Creek Realty Llc
List Price
$1,675,000
Sold Price
$1,675,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,647,959
Avg. Annual Appreciation
5.84%
Original Mortgage
$2,000,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage
Similar Homes in Destin, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Corporate Deed | $1,675,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,763,750 | Commercial | |
| Closed | $2,000,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2019 06/23/19 | Off Market | $1,675,000 | -- | -- |
| 04/10/2013 04/10/13 | Sold | $1,675,000 | 0.0% | $465 / Sq Ft |
| 03/29/2013 03/29/13 | Pending | -- | -- | -- |
| 02/07/2013 02/07/13 | For Sale | $1,675,000 | -- | $465 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $19,789 | $2,200,000 | -- | $2,200,000 |
| 2023 | $19,789 | $1,950,000 | $0 | $1,950,000 |
| 2022 | $15,425 | $1,280,000 | $0 | $1,280,000 |
| 2021 | $14,902 | $1,200,000 | $0 | $1,200,000 |
| 2020 | $15,014 | $1,200,000 | $0 | $1,200,000 |
| 2019 | $15,221 | $1,200,000 | $0 | $1,200,000 |
| 2018 | $15,409 | $1,200,000 | $0 | $0 |
| 2017 | $15,663 | $1,198,500 | $0 | $0 |
| 2016 | $16,562 | $1,275,000 | $0 | $0 |
| 2015 | $16,891 | $1,275,000 | $0 | $0 |
| 2014 | $17,099 | $1,275,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
E
Seller's Agent in 2013
Elizabeth Sumrall
Coldwell Banker Realty
-
N
Buyer's Agent in 2013
Non -member
Cross Creek Realty Llc
-
N
Buyer's Agent in 2013
Non Member
Inactive
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 589557
APN: 00-2S-22-2317-00PH-1901
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