NOT LISTED FOR SALE

Sterling Sands 1080 U S 98 Unit 312 Destin, FL 32541

Estimated Value: $495,000 - $644,000

2 Beds
2 Baths
861 Sq Ft
5 Acres Lot

Sale Details

Date Sold: August 15, 2024

Last sale price $535,000 $621 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,211 / mo

114 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Fitness Center
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Primary Bedroom Suite

About This Home

As of August 2024

Gulf views that go on forever! Spectacular gulf front fully furnished 2 bedroom, 2 bath condo. Enjoy sweeping views of the emerald, turquoise water and sugar white sand beaches from the kitchen and living room area. The glass rails maximize the view of the Gulf of Mexico from the balcony. Watch the beach wildlife like manatee, dolphin, and herons from your covered balcony. Rental for 2022 was $52,523, Rental for 2023 was $40,007.32 with 7 weeks of owner usage.
Sterling Sands is one of Destin's most coveted developments boasting over 300 feet of private beach, daily chair service, heated pool, hot tub, and exercise room. The building exterior was completely repainted this year and continues to be well maintained, while offering a more modern vibe.

Last Agent to Sell the Property

RACHEL Kolosky

Keller Williams Realty SRB License #3425006 Listed on: 04/02/2024

Keller Williams Realty SRB

Last Buyer's Agent

ecn.rets.e22383

ecn.rets.RETS_OFFICE

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1994

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $800 Monthly HOA Fees

Home Design

  • Mirrored Walls
  • Concrete Siding
  • Stucco

Interior Spaces

  • 861 Sq Ft Home
  • Furnished
  • Dining Room
  • Tile Flooring
  • Dryer

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2376-0002-3120

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, licenses/permits, management, recreational faclty, security, sewer, trash
  • 112 Buildings
  • 112 Units
  • Sterling Sands Condo Subdivision
  • 8-Story Property

Amenities

  • Community Barbecue Grill
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Fitness Center
  • Exercise Course
  • Community Pool
  • Community Whirlpool Spa

Property Details

Home Type

Condominium

Year Built

Built in 1994

Lot Details

5 Acres

HOA Fees

$800 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: STERLING SANDS CONDO
  • Directions: Sterling Sands is located on the south side of Highway 98 East of Airport Rd. 3rd floor unit 312
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1994
  • ResoBuildingAreaSource: Appraiser
  • Remarks Misc:Remarks: Gulf views that go on forever! Spectacular gulf front fully furnished 2 bedroom, 2 bath condo. Enjoy sweeping views of the emerald, turquoise water and sugar white sand beaches from the kitchen and living room area. The glass rails maximize the view of the Gulf of Mexico from the balcony. Watch the beach wildlife like manatee, dolphin, and herons from your covered balcony. Rental for 2022 was $52,523, Rental for 2023 was $40,007.32 with 7 weeks of owner usage. Sterling Sands is one of Destin's most coveted developments boasting over 300 feet of private beach, daily chair service, heated pool, hot tub, and exercise room. The building exterior was completely repainted this year and continues to be well maintained, while offering a more modern vibe.
  • 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
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 112
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet, Walls Mirrored, Washer/Dryer Hookup
  • Stories: 8
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes
  • Interior:Walls Mirrored: 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

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Pool, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 799.78
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Licenses/Permits, Management, Recreational Faclty, Security, Sewer, Trash

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-2376-0002-3120
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Aug 15, 2024
Sold by
Meerkat Properties Llc
Bought by
Sterling Sands 312 Llc
Seller's Agent
RACHEL Kolosky
Keller Williams Realty SRB
Buyer's Agent
ecn.rets.e22383
ecn.rets.RETS_OFFICE
List Price
$675,000
Sold Price
$535,000
Premium/Discount to List
-$140,000
-20.74%
Views
79
Current Estimated Value
$556,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,973
Avg. Annual Appreciation
2.42%

Purchase Details

Closed on
Oct 5, 2011
Sold by
Phillips William Elijah and Phillips Kathy D
Bought by
Preferred Leasing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 29, 2009
Sold by
Phillips Kathy D and Phillips Ralph Kathy
Bought by
Phillips William Elijah and Phillips Kathy D
Source: Public Records
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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
Sterling Sands 312 Llc $535,000 Rodgers Keifer Title
Preferred Leasing Llc $305,000 Aqua Title
Phillips William Elijah -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Preferred Leasing Llc $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Sold $535,000 -10.7% $621 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
06/14/2024 06/14/24 Price Changed $599,000 -4.2% $696 / Sq Ft
06/06/2024 06/06/24 Price Changed $625,000 -3.7% $726 / Sq Ft
04/22/2024 04/22/24 Price Changed $649,000 -3.9% $754 / Sq Ft
04/02/2024 04/02/24 For Sale $675,000 -- $784 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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 $5,732 $484,000 -- $484,000
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 $4,147 $329,000 $0 $329,000
2018 $3,943 $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: 946229

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2376-0002-3120

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