NOT LISTED FOR SALE

Sterling Sands 1080 Highway 98 E Unit 311- 4th FL Destin, FL 32541

Estimated Value: $580,478 - $753,000

2 Beds
2 Baths
861 Sq Ft
$467/mo HOA Fee

Last Sold May 26, 2017

Last sale price $412,000 $479 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,541/month

190 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Elevator
  • Destin Elementary School Rated A-
  • Furnished
  • Balcony

About This Home

As of May 2017

Rental powerhouse ($47K with owner use) in the popular Sterling Sands Resort with a toes-in-the-sand GULF FRONT location on the famed beaches of Destin. Sited in a prime location in the building to afford the most breathtaking coastline views, this condo exudes beachy charm offers many upgrades and renovations and is offered fully and beautifully furnished. 2 bedrooms. You can sleep 8 with sofa sleeper! Renovations include tile floors throughout the entire condo, a gourmet kitchen with new cabinetry, granite counters and stainless steel appliances, renovated bathrooms, flat screen tv's throughout and more! Sterling Sands is a perennial favorite of owners and renters alike - enjoy the sparkling beachside pool in addition to 380 feet of beachfront meeting room with kitchen, beach club snack bar with well-maintained grounds and on-site management. Spend your days shopping and eating and enjoying all the entertainment the Emerald Coast is famous for...life doesn't get better than this!

Condo also features a Coastal Green Air system that monitors your a/c - turns off automatically when guests leave a door open more than 10 seconds and it monitors when people leave and adjusts the air accordingly. Great for the environment and your utility bill!

Last Agent to Sell the Property

John Moran

Keller Williams Realty Destin Listed on: 10/21/2016

Keller Williams Realty Destin

Last Buyer's Agent

Linda Adams

On The Coast Real Estate Group License #3247782

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,388

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 5

HOA Fees

  • $467 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Flat Roof with Façade front
  • Membrane Roofing
  • Concrete Siding

Interior Spaces

  • 861 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Window Treatments
  • Living Room
  • Dining Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

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

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2376-0002-3110

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, licenses/permits, management, sewer, water, trash
  • Sterling Sands Condo Subdivision

Amenities

  • Picnic Area
  • Community Pavilion
  • Recreation Room
  • Laundry Facilities
  • Elevator

Recreation

  • Beach

Security

  • Building Fire Alarm
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,388

Year Built

Built in 1994 | Remodeled

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: STERLING SANDS CONDO
  • Directions: Located directly on the beach at the Airport Road and Hwy 98 intersection
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1994
  • 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
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Utilities:Community Water: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, 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
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Dumpster, Elevators, Laundry, Pavillion/Gazebo, Picnic Area, TV Cable, Waterfront
  • Association #2 Fee: 467.12
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2376-0002-3110
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3387.55
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2016
Closed on
May 26, 2017
Sold by
Peterson Sheyla B and Peterson Gary D
Bought by
Sodawatervala Mehernoh P
Seller's Agent
John Moran
Keller Williams Realty Destin
Buyer's Agent
Linda Adams
On The Coast Real Estate Group
List Price
$412,000
Sold Price
$412,000
Current Estimated Value
$658,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,120
Avg. Annual Appreciation
5.83%

Purchase Details

Closed on
Feb 20, 2003
Sold by
Peterson Sheyla B and Peterson Gary D
Bought by
Peterson Sheyla B and Peterson Gary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.93%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 19, 2002
Sold by
Brooks Virginia P
Bought by
Peterson Gary D and Peterson Sheyla B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
7.5%
Mortgage Type
Unknown
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
Sodawatervala Mehernoh P $412,000 A One Land Title Inc
Peterson Sheyla B -- Southern Escrow & Title Llc
Peterson Gary D $290,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Sheyla B $219,788
Previous Owner Peterson Gary D $252,000
Previous Owner Peterson Sheyla B $29,000
Previous Owner Peterson Gary D $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $412,000 0.0% $479 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
10/21/2016 10/21/16 For Sale $412,000 -- $479 / 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 $5,852 $554,000 -- $554,000
2023 $5,852 $584,000 $0 $584,000
2022 $4,807 $429,000 $0 $429,000
2021 $4,210 $339,000 $0 $339,000
2020 $4,179 $334,000 $0 $334,000
2019 $4,173 $329,000 $0 $329,000
2018 $4,096 $319,000 $0 $0
2017 $3,509 $268,500 $0 $0
2016 $3,390 $261,000 $0 $0
2015 $3,388 $261,000 $0 $0
2014 $3,079 $232,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 762955

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2376-0002-3110