NOT LISTED FOR SALE

Silver Beach Towers II 1050 Highway 98 E Unit 406 Destin, FL 32541

Estimated Value: $1,355,000 - $1,886,000

3 Beds
3 Baths
1,917 Sq Ft
$1,298/mo HOA Fee

Last Sold February 21, 2025

Last sale price $1,825,000 $952 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $11,467/month

142 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Newly Painted Property
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Main Floor Primary Bedroom

About This Home

As of February 2025

***INCREDIBLE RENTAL MACHINE***RENTAL REVENUE WAS $180K in 2024*** SPECTACULAR VIEWS***GULF FRONT LUXURY*** PRIVATE COMMUNITY ***PRIVATE BEACH***NEWLY RENOVATED*** BEAUTIFULLY FURNISHED ***CLEAN AND CONTEMPORARYDEEDED PARKING**** RARELY DO THESE HIGHLY COVETED WESTERN END UNIT IN SILVER BEACH TOWERS COME ON THE MARKET. 2024 RENTAL REVENUES ARE $180K WITH 70k ALREADY ON THE BOOKS FOR 2025!
THIS IS TRULY A 'TOE'S IN THE SAND' LUXURY BUILDING WITH EXPANSIVE VIEWS OF THE BEACH AND GULF OF MEXICO. THIS UNIT HAS 1 DEEDED COVERED PARKING SPOT, A CLIMATE CONTROLED STORAGE CAGE AT THE GARAGE LEVEL AND ARGUABLY THE BEST FLOOR PLAN ON THE BEACH. RESORT AMENITIES INCLUDE A BEAUTIFUL MODERN LOBBY, 600 FEET OF BEACH ACCESS, TWO COMMUNITY POOLS (ONE HEATED) WITH 2 HOT TUBS, TENNIS COURTS AND BBQ AREA . THIS WOULD BE A GREAT
VACATION HOME, INVESTMENT PROPERTY OR PRIMARY RESIDENCE
THIS CONDO IS THE
COMMUNITY POOLS (ONE HEATED) WITH 2 HOT TUBS, TENNIS COURTS AND BBQ AREA . THIS WOULD BE A GREAT VACATION HOME, INVESTMENT PROPERTY OR PRIMARY RESIDENCE THIS CONDO IS THE
TRIFECTA FOR A LUXURY CONDO 1) THIS CONDO IS THE LARGEST AND MOST DESIRABLE 3 BEDROOM FLOOR PLANS IN THE SILVER BEACH RESORT 2) THIS 4RD FLOOR BEAUTY HAS JUST BEEN COMPLETELY AND PROFESSIONALLY RENNOVATED AND DESIGNED AND IS RENTAL READY 3) COMPLETE YOUR TRIFECTA WITH THE MOST DESIRABLE LOCATION IN THE BUILDING... THE WESTERN CORNER STACK PROVIDING BREATHTAKING SUNSET AND GULF VIEWS.
THERE WAS A TOTAL RENNOVATION AND ALL NEW FURNISHINGS IN THE FALL 2021. DUE TO THE INCREDIBLE VIEWS, BEAUTIFUL RENOVATIONS AND FURNISHINGS THIS CONDO IS ONE OF THE HIGHEST GROSSING LUXURY CONDOS IN THE AREA. ALL DESIGNER FINISHES AND GORGEOUS FURNISINGS THIS LUXURY CONDO WOULD ALSO MAKE A WONDERFUL PRIMARY HOME OR VACATION HOME. WALLS OF WINDOWS ALLOW YOU TO ENJOY THE PICTURESQUE GULF VIEWS FROM KITCHEN, LIVING AREA AND MASTER BEDROOM. EVERY DETAIL HAS BEEN CONSIDERED. YOU IMMEDIATLEY APPRECIATE THE COASTAL VIBES AS YOU ENTER YOUR NEW HOME WITH THE NEW SHIPLAPPED WALLS, THE FRESHLY PAINTED CRISP WHITE INTERIOR AND THEN BOOM ! THAT AMAZING GULF VIEW TAKES YOUR BREATH AWAY! THE OPEN FLOOR PLAN INCLUDES A LIVING AREA DINING AREA AND KITCHEN. ALL WITH NEW FURNIGHINGS WITH A CONTEMPORARY COSATAL FLARE A NEW LARGE SCREEN SMART TV OVER THE STUNNING FIRE FEATURE. RELAX ON YOUR HUGE OVERSIZE BALCONY WITH ALL NEW POLYWOODFURNITURE. THIS BEAUTIFULLY RENOVATED CONDO INCLUDES A GULF FRONT MASTER SUITE WITH EN-SUITE WITH WALK IN SHOWER AND FRAMELESS GLASS DOOR. HIGH DOUBLE VANITY AND QUARTZ COUNTERTOPS. BOTH GUEST ROOMS HAVE UPDATED EN-SUITE BATHS. THE BEAUTIFUL WHITE KITCHEN HAS NEW QUARTZ COUNTERTOPS AND LARGE DOUBLE SINK AND ALL NEW STAINLESS-STEEL APPLIANCES. YOU WILL LOVE THE SOOTHING COASTAL HUES, SMOOTH CEILINGS, UPDATED LED LIGHTING THROUGH OUT, CUSTOM SHIP-LAP ACCENTS. BEAUTIFUL LVP WATERPROOF FLOORING THROUGH-OUT THE ENTIRE CONDO (NO CARPET TO REMOVE!) NO DEFERRED MAINTENANCE WITH THIS PROPERTY THE HVAC WAS REPLACED IN 2020 THE HOTWATER HEATER BRAN NEW. ALL PLUMBING FIXTURES ARE COMMERICAL GRADE. YOU WILL ALSO APPRECIATE THE MANY ENERGY EFFICIENT UPGRADES INCLUDING THE INSTALLED COASTAL GREEN AIR SPECIALTY SYSTEM HAS AUTOMATIC SHUTOFF WHEN DOORS ARE LEFT OPEN WHICH SAVES MONEY BY REDUCING WEAR AND TEAR ON YOUR HVAC SYSTEM, WHILE LOWERING ENERGY BILLS. The SYSTEM ALSO HAS MOTION DETECTION SYSTEM ATTACHED TO HOT WATER HEATER SO WHEN UNIT IS NOT IN USE THE SYSTEM DECREASES TEMPERATURE SAVING MONEY. PROGRAMABLE THERMOSTAT HOOKED TO COASTAL GREEN AIR SYSTEM ALSO CONTAINS ENERGY SAVING FEATURES. THE .
THE CONDO IS ON THE BEACH, JUST WALK ACROSS THE POOL DECK AND DOWN THE SHORT BOARDWALK TO THE BEACH. FROM YOUR BALCONY YOU WILL LITERALL LOOK DOWN AT SAND DUNES YOU ARE THAT CLOSE, AND PART OF WHAT MAKES THIS PROPERTY SUCH A GREAT VALUE. FEW PROPERTIES CAN PROVIDE THIS LEVEL OF PROXIMITY AND EASY EGRESS TO THE BEACH! CALL ME TODAY TO SCHEULE YOUR PRIVATE SHOWING.

Last Agent to Sell the Property

Debbie Wooley

Wooley Luxury Properties LLC License #3392437 Listed on: 09/23/2024

Co-Listed By

James Wooley

Wooley Luxury Properties LLC License #3423880

Last Buyer's Agent

Mary Bess Wilson

Real Estate Empowered LLC License #3277384

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,246

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 0.37

HOA Fees

  • $1,298 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Deeded Parking

Home Design

  • Newly Painted Property
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 1,917 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Insulated Doors
  • Living Room
  • Vinyl Flooring

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deeded access to the beach
  • Covered Deck

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient Doors
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2316-0000-0406

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, management, sewer, water, trash
  • Silver Beach Towers East Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Recreation Room
  • Elevator
  • Community Storage Space

Recreation

  • Beach
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,246

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$1,298 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EWOL
  • Co List Office Phone: 205-253-5410
  • Subdivision Name: SILVER BEACH TOWERS EAST
  • Directions: Located on HWY 98 at Airport Rd. At the light turn left into main entrance of Silver Beach Towers. Unit is in East tower
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Efficiency: Doors
  • Year Built: 2001
  • Remarks Misc:Remarks: ***INCREDIBLE RENTAL MACHINE***RENTAL REVENUE WAS $180K in 2024*** SPECTACULAR VIEWS***GULF FRONT LUXURY*** PRIVATE COMMUNITY ***PRIVATE BEACH***NEWLY RENOVATED*** BEAUTIFULLY FURNISHED ***CLEAN AND CONTEMPORARYDEEDED PARKING**** RARELY DO THESE HIGHLY COVETED WESTERN END UNIT IN SILVER BEACH TOWERS COME ON THE MARKET. 2024 RENTAL REVENUES ARE $180K WITH 70k ALREADY ON THE BOOKS FOR 2025! THIS IS TRULY A 'TOE'S IN THE SAND' LUXURY BUILDING WITH EXPANSIVE VIEWS OF THE BEACH AND GULF OF MEXICO. THIS UNIT HAS 1 DEEDED COVERED PARKING SPOT, A CLIMATE CONTROLED STORAGE CAGE AT THE GARAGE LEVEL AND ARGUABLY THE BEST FLOOR PLAN ON THE BEACH.
  • 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
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Insulated Doors: Yes
  • Waterfront:Unit Waterfront: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Fireplace, Floor Vinyl, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Renovated, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Unit Waterfront, Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Metal
  • Exterior Features: Balcony, Deck Covered, Renovated
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Deeded
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Deeded: Yes

Utilities

  • Cooling: Ceiling Fan(s), 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, Community Room, Deed Access, Dumpster, Elevators, Pets Allowed, Pool, Sauna/Steam Room, Separate Storage, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 3893.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2316-0000-0406
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16246.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Feb 21, 2025
Sold by
1050-406E-Fl Trust and Daley Carol H
Bought by
Rick L Kirk And Sharon L Kirk Trust and Kirk
Seller's Agent
Debbie Wooley
Wooley Luxury Properties LLC
Buyer's Agent
Mary Bess Wilson
Real Estate Empowered LLC
List Price
$1,849,999
Sold Price
$1,825,000
Premium/Discount to List
-$24,999
-1.35%
Views
31
Current Estimated Value
$1,677,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$147,525
Avg. Annual Appreciation
-9.77%

Purchase Details

Closed on
Dec 19, 2022
Sold by
Daley Carol H
Bought by
1050406Efl Trust

Purchase Details

Closed on
Nov 16, 2021
Sold by
Silber Sigmund Moritz and Silber Rom Esther
Bought by
Daley Carol H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Rick L Kirk And Sharon L Kirk Trust $1,825,000 None Listed On Document
1050406Efl Trust $100 --
Daley Carol H $1,206,000 Emerald Coast Title Svcs Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2025 02/21/25 Sold $1,825,000 -1.4% $952 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
09/23/2024 09/23/24 For Sale $1,849,999 -- $965 / 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
2024 $16,247 $1,290,000 -- $1,290,000
2023 $16,247 $1,360,000 $0 $1,360,000
2022 $11,509 $955,000 $0 $955,000
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 $9,341 $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

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 959711

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2316-0000-0406