NOT LISTED FOR SALE

Destin Gulfgate 1180 Scenic Highway 98 Unit 1001 Destin, FL 32541

Estimated Value: $893,000 - $1,247,000

2 Beds
2 Baths
1,430 Sq Ft
$817/mo HOA Fee

Last Sold June 25, 2020

Last sale price $705,000 $493 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,095/month

105 Days on Market

Highlights

  • Beach Front
  • Beach
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Gated Community
  • Furnished

About This Home

As of June 2020

Rarely on the market, this east end Destin GulfGate offers spacious 1430 SF 2BR-2Bath condominium with huge 30ft. wide-240sf balcony overlooking gulf. Very successful on-site rental management for owners generates historically solid annual rentals ( $60-70K range) and the quarterly hoa dues ($2450) include internet,catv,water,sewer, beach chair setup for owners, building insurance.
Property also includes gated entry,meeting & wedding reception facilities, newly constructed beachside pavilion, gulffront pool with zero entry, a poolside - gulfview fitness center with top-of-the line equipment.
Due to high occupancy, showings typically on rental turnover days . Contact Emily or Sierra at on-site office to see if available to show.

Last Agent to Sell the Property

Ken Catrino

REV Realty License #427789 Listed on: 02/11/2020

Last Buyer's Agent

Beau Blankenship

Christies International Real Estate Emerald Coast License #3305087

Christies International Real Estate Emerald Coast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,406

Year Built

  • Built in 1993

Lot Details

  • Beach Front
  • Property fronts gulf or ocean

HOA Fees

  • $817 Monthly HOA Fees

Parking

  • 2 Carport Spaces

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

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

  • Balcony

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach 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-22-5100-0000-1001

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

$6,406

Year Built

Built in 1993

Lot Details

0

HOA Fees

$817 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: DESTIN GULFGATE CONDO
  • Directions: In the heart of Destin across from The Track and 200 yards west of The Back Porch.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 11
  • 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
  • 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
  • Stories: 11

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

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • 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: 2450.0
  • 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: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-5100-0000-1001
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 66

Tax Info

  • Tax Annual Amount: 6405.67
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Jun 25, 2020
Sold by
Liles Thomas P
Bought by
Garbutt Shane Patrick and Garbutt Shannon Garriga
Seller's Agent
Ken Catrino
REV Realty
Buyer's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
List Price
$705,000
Sold Price
$705,000
Current Estimated Value
$1,044,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,010
Avg. Annual Appreciation
7.64%
Original Mortgage
$564,000
Outstanding Balance
$501,046
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$542,964
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
Garbutt Shane Patrick $705,000 Aqua Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garbutt Shane Patrick $564,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2021 04/07/21 Off Market $705,000 -- --
06/25/2020 06/25/20 Sold $705,000 0.0% $493 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $705,000 -- $493 / 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 $9,635 $929,200 -- $929,200
2023 $9,635 $929,200 $0 $929,200
2022 $8,079 $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 $6,166 $474,700 $0 $0
2015 $6,099 $474,700 $0 $0
2014 $5,603 $430,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Ken Catrino

    REV Realty

    (850) 830-0545

    Ken Catrino
    Section Image

  • B

    Buyer's Agent in 2020

    Beau Blankenship

    Christies International Real Estate Emerald Coast

    (414) 559-6998

    46 Total Sales

    Beau Blankenship
    Section Image
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About Destin Gulfgate

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 840067

Emerald Coast Association of REALTORS®

APN: 00-2S-22-5100-0000-1001

Florida Okaloosa County Destin 32541

1180 Scenic Highway 98 Unit 1001, Destin, FL

This home is located at 1180 Scenic Highway 98 Unit 1001, Destin, FL 32541 since 11 February 2020 and is currently estimated at $1,044,010, approximately $730 per square foot. This property was built in 1993. 1180 Scenic Highway 98 Unit 1001 is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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