NOT LISTED FOR SALE

1048 Highway 98 E Unit 301 Destin, FL 32541

Destin Area

Estimated Value: $1,560,606

3 Beds
3 Baths
1,914 Sq Ft
2003 Built

Sale Details

Date Sold: November 8, 2017

Last sale price $915,000 $478 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $10,255 / mo

145 Days on Market

Highlights

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

About This Home

As of November 2017

Rare end unit 3 bedroom/3 bath unit in Silver Beach Towers. This is the first one listed in over 2 1/2 years. Truly a ''toes in the sand'' building, this 3rd floor unit is all about the beach. if you like seeing sand with the Gulf of Mexico in the background, this unit is for you. Boasting granite counters, upgraded appliances, tile 18 inch tile floors in the living, dining, kitchen, it is fully furnished and ready to go. Never rented, this unit is in excellent shape, but ready to turn into a rental if that is desired. Access the large gulf front terrace from the living area and the master bedroom, with the sound of the waves just a stones throw away. Silver Beach Towers is a highly sought after luxury resort in the heart of Destin.

Last Agent to Sell the Property

Brent Winjum

Aquatic Resort Properties Inc License #638644 Listed on: 04/24/2017

Last Buyer's Agent

Terry Tallent

Aquatic Resort Properties Inc License #3153317

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,560

Year Built

  • Built in 2003

HOA Fees

  • $802 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Flat Roof with Façade front
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Steel Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,914 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Great Room
  • Gulf Views
  • Home Security System
  • Dryer

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Parking

  • 1 Covered Space
  • Deeded Parking

Pool

  • Spa
  • Outdoor Shower

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2317-0000-0301

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, licenses/permits, master, recreational faclty, sewer, water, cable TV, trash
  • Silver Beach Towers Subdivision

Amenities

  • Community Barbecue Grill
  • Community Storage Space
  • Elevator

Recreation

  • Beach
  • Fitness Center
  • Exercise Course
  • Community Pool

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,560

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

HOA Fees

$802 per month

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
  • Building Stories: 1
  • Year Built: 2003
  • Remarks Misc:Remarks: Rare end unit 3 bedroom/3 bath unit in Silver Beach Towers. This is the first one listed in over 2 1/2 years. Truly a ''toes in the sand'' building, this 3rd floor unit is all about the beach. if you like seeing sand with the Gulf of Mexico in the background, this unit is for you. Boasting granite counters, upgraded appliances, tile 18 inch tile floors in the living, dining, kitchen, it is fully furnished and ready to go. Never rented, this unit is in excellent shape, but ready to turn into a rental if that is desired. Access the large gulf front terrace from the living area and the master bedroom, with the sound of the waves just a stones throw away. Silver Beach Towers is a highly sought after luxury resort in the heart of Destin.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Rooms:Foyer: Yes
  • Rooms:Great Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Continue Clean, Refrigerator, Security System, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Elevator, Floor Tile, Floor WW Carpet New, Furnished - None
  • Stories: 18
  • 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
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Security System: Yes
  • Interior:Floor WW Carpet New: Yes
  • Appliances:Oven Continue Clean: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Block, Foundation On Piling, Roof Flat, Roof Metal, Steel, Stucco
  • Exterior Features: Balcony, Hot Tub, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Shower: Yes
  • Exterior:Hot Tub: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Parking Features: Deeded
  • Parking Features:Deeded: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Dumpster, Elevators, Exercise Room, Pool, Separate Storage, TV Cable, Waterfront
  • Association #2 Fee: 2407.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Licenses/Permits, Master Association, 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-22-2317-0000-0301
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8560.02
  • Tax Year: 2016

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
Apr 24, 2017
Closed on
Nov 16, 2017
Sold by
Tollett Leland and Tollett Betty
Bought by
Seller's Agent
Brent Winjum
Aquatic Resort Properties Inc
Buyer's Agent
Terry Tallent
Aquatic Resort Properties Inc
List Price
$915,000
Sold Price
$915,000
Current Estimated Value
$1,560,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$645,606
Avg. Annual Appreciation
6.20%

Purchase Details

Closed on
May 20, 2005
Sold by
Robey Frederick R and Robey Bonnie R
Bought by
Tollett Leland and Tollett Betty

Purchase Details

Closed on
May 17, 2004
Sold by
The Becnel Co Lc
Bought by
Robey Frederick R and Robey Bonnie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,820
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
$10 Mcgill Escrow & Title
Tollett Leland $1,440,000 Pinnacle Title Group Llc
Robey Frederick R $725,000 --
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
Previous Owner $590,820
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
11/08/2017 11/08/17 Sold $915,000 0.0% $478 / Sq Ft
09/16/2017 09/16/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $915,000 -- $478 / 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 $14,048 $1,300,000 $1,300,000
2024 $12,955 $1,300,000 $1,300,000
2023 $12,955 $1,300,000 $0 $1,300,000
2022 $9,882 $820,000 $0 $820,000
2021 $9,686 $780,000 $0 $780,000
2020 $9,134 $730,000 $0 $730,000
2019 $9,260 $730,000 $0 $730,000
2018 $9,374 $730,000 $0 $0
2017 $8,613 $659,000 $0 $0
2016 $8,560 $659,000 $0 $0
2015 $8,558 $646,000 $0 $0
2014 $8,330 $627,000 $0 $0
Source: Public Records

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 774122

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2317-0000-0301

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