NOT LISTED FOR SALE

Destin Gulfgate 1180 Scenic Highway 98 Unit 301 Destin, FL 32541

Estimated Value: $915,000 - $1,128,000

2 Beds
2 Baths
1,430 Sq Ft
$875/mo HOA Fee

Last Sold December 27, 2021

Last sale price $875,000 $612 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,028/month

11 Days on Market

Highlights

  • Beach Front
  • Beach
  • Gulf View
  • Destin Elementary School Rated A-
  • In Ground Pool
  • Gated Community

About This Home

As of December 2021

It is rare to find a Destin Gulfgate condo on the market, much more rare to find an end unit!

A great income generator, this west end Destin Gulfgate offers spacious 1,430 square feet of living area with 2BR/2BA and huge 30 ft long 240 sf balcony overlooking the beach.

Property also includes gated entry, meeting & wedding reception facilities, beachside pavilion, gulf front pool with zero entry, a poolside, gulf view fitness center with top-of-the line equipment.

Last Agent to Sell the Property

Ed Smith

RE/MAX Coastal Properties License #502505 Listed on: 11/08/2021

RE/MAX Coastal Properties

Last Buyer's Agent

Ed & Terri Smith

ecn.unknownoffice

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,923

Year Built

  • Built in 1993

Lot Details

  • Beach Front
  • Property fronts gulf or ocean

HOA Fees

  • $875 Monthly HOA Fees

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,430 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Tile Flooring
  • Gulf Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Cultured Marble Bathroom Countertops

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-5100-0000-0301

Community Details

Overview

  • Association fees include accounting, electricity, ground keeping, insurance, internet service, licenses/permits, sewer, water, cable TV, trash
  • 66 Buildings
  • 66 Units
  • Destin Gulfgate Condo Subdivision
  • 11-Story Property

Amenities

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

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,923

Year Built

Built in 1993

Lot Details

0

HOA Fees

$875 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: DESTIN GULFGATE CONDO
  • Directions: On the Gulf (on Old 98) just west of the Back Porch
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1993
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: 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:Heat Pump Air To Air: Yes
  • Waterfront:Shore - Beach: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 66
  • Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Stories: 11
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf, Shore - Beach
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Membrane, Stucco
  • Exterior Features: Balcony, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • General Property Info:Garage2: No
  • Parking Features:Other3: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump Air To Air
  • 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, Elevators, Exercise Room, Gated Community, Pavillion/Gazebo, Picnic Area, Pool, TV Cable
  • Association #2 Fee: 2625.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Electricity, Ground Keeping, Insurance, Internet Service, Licenses/Permits, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-5100-0000-0301
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 66

Tax Info

  • Tax Annual Amount: 6923.4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Dec 29, 2021
Sold by
Coker and Joan
Bought by
Patterson Adam and Patterson Shannon
Seller's Agent
Ed Smith
RE/MAX Coastal Properties
Buyer's Agent
Ed Smith
RE/MAX Coastal Properties
List Price
$875,000
Sold Price
$875,000
Current Estimated Value
$1,012,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,495
Avg. Annual Appreciation
3.93%
Original Mortgage
$743,750
Outstanding Balance
$685,458
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$327,037
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
Patterson Adam $875,000 Aqua Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Adam $743,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $875,000 0.0% $612 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $875,000 -- $612 / 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 $10,120 $929,200 -- $929,200
2023 $10,120 $929,200 $0 $929,200
2022 $8,520 $707,000 $0 $707,000
2021 $7,212 $580,750 $0 $580,750
2020 $7,103 $580,750 $0 $580,750
2019 $6,406 $505,000 $0 $505,000
2018 $6,225 $484,800 $0 $0
2017 $6,204 $474,700 $0 $0
2016 $6,128 $474,700 $0 $0
2015 $5,998 $474,700 $0 $0
2014 $5,407 $416,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 885416

Emerald Coast Association of REALTORS®

APN: 00-2S-22-5100-0000-0301