NOT LISTED FOR SALE

Silver Beach Towers II 1050 Highway 98 E Unit 1905 Destin, FL 32541

Estimated Value: $1,546,000 - $1,986,000

3 Beds
3.5 Baths
2,466 Sq Ft
$936/mo HOA Fee

Last Sold August 31, 2020

Last sale price $1,300,000 $527 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $11,836/month

6 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Vaulted Ceiling
  • Destin Elementary School Rated A-
  • Fishing
  • Marble Flooring

About This Home

As of August 2020

This stunning Silver Beach Penthouse 1905E features two-level panoramic views with 3 Gulf-front master suites. It also has a private, underground 2-car garage located right next to the elevator – parking spaces 15 and 16. The interior finishes boast custom iron railing; custom mosaic tile floor inlay; travertine/wood/carpet flooring; walk-in closets; walk-in showers; Jacuzzi tub; enclosed water closets; full-size laundry room; travertine slab and granite countertops; crown molding; and much more. This beautiful home has had one owner and is a non-rental.

Silver Beach Towers is centrally located in Destin and offers many amenities: on-site association, maintenance and rental management; only 3 units per floor; beach service; Gulf-side pools; hot tubs; tennis court; BBQ and more.

Last Agent to Sell the Property

Amy Stehmeyer

Spectrum Realty LLC of Florida License #3293850 Listed on: 08/06/2020

Last Buyer's Agent

Cat Stevens

C&R Sun Properties LLC License #3265002

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,684

Year Built

  • Built in 2001

Lot Details

  • 0.37

HOA Fees

  • $936 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Concrete Siding
  • Piling Construction

Interior Spaces

  • 2,466 Sq Ft Home
  • Furnished
  • Crown Molding
  • Vaulted Ceiling
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Loft

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2316-0000-1905

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, legal, management, master, sewer, water, cable TV, trash
  • 97 Buildings
  • 97 Units
  • Silver Beach Towers Subdivision
  • 19-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Beach
  • Community Whirlpool Spa
  • Fishing

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,684

Year Built

Built in 2001

Lot Details

0

HOA Fees

$936 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SILVER BEACH TOWERS
  • Directions: At the traffic light at the intersection of Hwy 98 and Airport Road
  • Architectural Style: N/A
  • New Construction: No
  • Year Built: 2001
  • Remarks Misc:Remarks: This stunning Silver Beach Penthouse 1905E features two-level panoramic views with 3 Gulf-front master suites. It also has a private, underground 2-car garage located right next to the elevator – parking spaces 15 and 16. The interior finishes boast custom iron railing; custom mosaic tile floor inlay; travertine/wood/carpet flooring; walk-in closets; walk-in showers; Jacuzzi tub; enclosed water closets; full-size laundry room; travertine slab and granite countertops; crown molding; and much more. This beautiful home has had one owner and is a non-rental. Silver Beach Towers is centrally located in Destin and offers many amenities: on-site association, maintenance and rental management; only 3 units per floor; beach service; Gulf-side pools; hot tubs; tennis court; BBQ and more.
  • 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
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Foyer: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Balcony2: Yes
  • Energy:AC - 2 or More: Yes
  • Rooms:Loft: Yes
  • Rooms:Great Room: Yes
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 97
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Marble, Floor WW Carpet, Furnished - All, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Window Treatment All
  • Stories: 19
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Floor Marble: Yes

Exterior Features

  • Pool Features: Pool Type
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Foundation On Piling
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Foundation On Piling: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Deeded
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • 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, Fishing, Picnic Area, Pool, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 2809.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2316-0000-1905
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 97

Tax Info

  • Tax Annual Amount: 12684.5
  • Tax Year: 2019

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Aug 31, 2020
Sold by
Wgyates & Sons Construction Company
Bought by
Smith Eric S and Smith Laurie
Seller's Agent
Amy Stehmeyer
Spectrum Realty LLC of Florida
Buyer's Agent
Cat Stevens
C&R Sun Properties LLC
List Price
$1,300,000
Sold Price
$1,300,000
Current Estimated Value
$1,823,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,131
Avg. Annual Appreciation
6.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Eric S $1,300,000 Mcgill Escrow & Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $1,300,000 0.0% $527 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $1,300,000 -- $527 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $17,533 $1,500,000 -- $1,500,000
2024 $15,359 $1,400,000 -- $1,400,000
2023 $15,359 $1,375,000 $0 $1,375,000
2022 $13,674 $1,175,000 $0 $1,175,000
2021 $12,418 $1,000,000 $0 $1,000,000
2020 $12,512 $1,000,000 $0 $1,000,000
2019 $12,685 $1,000,000 $0 $1,000,000
2018 $12,840 $1,000,000 $0 $0
2017 $11,880 $909,000 $0 $0
2016 $12,301 $947,000 $0 $0
2015 $12,545 $947,000 $0 $0
2014 $12,602 $947,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Stehmeyer

    Seller's Agent in 2020

    Amy Stehmeyer

    Spectrum Realty LLC of Florida

    (251) 942-3119

    2 in this area

    58 Total Sales

    Amy Stehmeyer
    Section Image
  • Cat Stevens

    Buyer's Agent in 2020

    Cat Stevens

    C&R Sun Properties LLC

    (850) 428-4707

    49 in this area

    70 Total Sales

    Cat Stevens
    Section Image
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About Silver Beach Towers II

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 852380

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2316-0000-1905

Florida Okaloosa County Destin 32541

1050 Highway 98 E Unit 1905, Destin, FL

Not Listed for Sale

Condos

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