NOT LISTED FOR SALE

Sterling Sands 1080 Highway 98 E Unit 101 Destin, FL 32541

Estimated Value: $1,110,000 - $1,193,000

3 Beds
3 Baths
1,907 Sq Ft
$1,130/mo HOA Fee

Last Sold March 31, 2023

Last sale price $1,150,000 $603 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,293/month

42 Days on Market

Highlights

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

About This Home

As of March 2023

Question: When you have an East Corner Unit with a South & SW (sunset) view, a wrap-around balcony, what do you get? You get the same full view of the Gulf as a SW unit, with the option to retreat from the hot afternoon sun....and lower energy bills as a result! One more: When your unit on the first floor is actually on the second level, what else might you enjoy? The benefit of no wait for the elevator (for you or your dog!) and only about 15 steps to the ground level/pool/BBQ Area and community's deeded-beach access! What the heck...one more: When your 3-bedroom unit is a full 2-bedroom, connected to a separate/lockout 1-bedroom efficiency, with a private Gulf-view balcony, what do you have now? Greater income potential, as it may be enjoyed as a 2-bed unit AND a 1-bed unit...or a 3-bedroom unit. Hence, a larger rental audience and a higher ROI potential as an investment, than just one unit combined. Plus, you can enjoy a great getaway for yourself, while receiving cash-flow from the other portion of the property! This tastefully-decorated unit has an truly "open" feel to it, conducive to comfortable and enjoyable interactions for your entire group! Recent upgrades were completed on the building, contributing to the overall attractive, value and longevity of the complex. Incidentally, this building is VA approved for 2023. Don't miss this one!

Last Agent to Sell the Property

Dean Ladick

Keller Williams Realty Destin License #no data Listed on: 01/12/2023

Keller Williams Realty Destin

Last Buyer's Agent

Dean Ladick

Keller Williams Realty Destin License #no data Listed on: 01/12/2023

Keller Williams Realty Destin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,123

Year Built

  • Built in 1994

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $1,130 Monthly HOA Fees

Home Design

  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,907 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Plantation Shutters
  • Dining Area

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Deeded Parking

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2376-0003-1010

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, land recreation, legal, management, recreational faclty, security, sewer, water, cable TV, trash
  • 111 Buildings
  • 111 Units
  • Sterling Sands Condo Subdivision
  • 11-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Elevator

Recreation

  • Beach
  • Community Pool
  • Community Whirlpool Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,123

Year Built

Built in 1994

Lot Details

0

HOA Fees

$1,130 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EKW1
  • Co List Office Phone: 850-654-2900
  • Subdivision Name: STERLING SANDS CONDO
  • Directions: Sterling Sands is just East of Airport Road on the south side of Highway 98 E.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1994
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 111
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Furnished - All, Guest Quarters, Plantation Shutters, Washer/Dryer Hookup, Wet Bar
  • Stories: 11
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Wet Bar: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered, Deeded
  • General Property Info:Garage2: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Deeded: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Deed Access, Elevators, Exercise Room, Pavillion/Gazebo, Picnic Area, Pool, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 1130.41
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Land Recreation, Legal, Management, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2376-0003-1010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 111

Tax Info

  • Tax Annual Amount: 10123.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Mar 30, 2023
Sold by
Mesker Christine D and Mesker David A
Bought by
Snow Kevin Wilson and Snow Kathy Doolin
Seller's Agent
Dean Ladick
Keller Williams Realty Destin
Buyer's Agent
Dean Ladick
Keller Williams Realty Destin
List Price
$1,249,942
Sold Price
$1,150,000
Premium/Discount to List
-$99,942
-8%
Views
47
Current Estimated Value
$1,162,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,471
Avg. Annual Appreciation
0.43%
Original Mortgage
$920,000
Outstanding Balance
$895,125
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving
Estimated Equity
$267,346

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 28, 2021
Sold by
Ellerman Robert L and Ellerman Erin
Bought by
Mesker David A and Mesker Christine D
Seller's Agent
Heather Williams
Scenic Sotheby's International Realty
Buyer's Agent
Dean Ladick
Keller Williams Realty Destin
List Price
$895,000
Sold Price
$895,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%
Original Mortgage
$675,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2020
Sold by
Ellerman Robert L and Ellerman Erin E
Bought by
Ellerman Robert L and Ellerman Erin E

Purchase Details

Closed on
Mar 7, 2014
Sold by
Delibero Frederick J and Ellerman Robert L
Bought by
Ellerman Robert L and Ellerman Erin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 2012
Sold by
Crain Warren B and Crain Susan D
Bought by
Ellerman Robert L and Delibero Frederick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2007
Sold by
Rudolph Ralph H and Rudolph Clare R
Bought by
Crain Warren B and Crain Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Snow Kevin Wilson $1,150,000 South Oak Title
Mesker David A $895,000 Equitrust Title Company
Ellerman Robert L -- None Available
Ellerman Robert L $264,285 None Available
Ellerman Robert L $450,000 None Available
Crain Warren B $760,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snow Kevin Wilson $920,000
Previous Owner Mesker David A $675,000
Previous Owner Ellerman Robert L $450,000
Previous Owner Ellerman Robert L $337,500
Previous Owner Crain Warren B $608,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $1,150,000 -7.3% $603 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/10/2023 02/10/23 Price Changed $1,239,942 -0.8% $650 / Sq Ft
01/12/2023 01/12/23 For Sale $1,249,942 +39.7% $655 / Sq Ft
05/28/2021 05/28/21 Sold $895,000 0.0% $469 / Sq Ft View Prior Sale
04/24/2021 04/24/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $895,000 -- $469 / 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 $11,704 $1,000,000 -- $1,000,000
2023 $11,704 $1,000,000 $0 $1,000,000
2022 $10,545 $875,000 $0 $875,000
2021 $7,016 $565,000 $0 $565,000
2020 $7,007 $560,000 $0 $560,000
2019 $6,976 $550,000 $0 $550,000
2018 $7,062 $550,000 $0 $0
2017 $6,946 $531,500 $0 $0
2016 $6,703 $516,000 $0 $0
2015 $6,836 $516,000 $0 $0
2014 $6,182 $461,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 914796

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2376-0003-1010