NOT LISTED FOR SALE

Destin Gulfgate 1180 Scenic Highway 98 Unit 202 Destin, FL 32541

Estimated Value: $983,000 - $1,177,000

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

Last Sold September 17, 2021

Last sale price $892,500 $624 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,229/month

87 Days on Market

Highlights

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

About This Home

As of September 2021

PRICE REDUCTION!! Destin Gulfgate condos rarely come on the market and for good reason. Gated entry, assigned underground parking, excellent location, and direct gulf front with a 30' wide balcony overlooking the beautiful gulf waters. Complex has a gulf front pool, beachside pavilion, and fitness center with gulf views. This condo has been beautifully renovated & has excellent rental history through a well managed onsite rental office. Showings to be on rental turnover days due to the high occupancy.

Last Agent to Sell the Property

Ed Smith

RE/MAX Coastal Properties License #502505 Listed on: 04/25/2021

RE/MAX Coastal Properties

Last Buyer's Agent

Callan Edick

Keller Williams Realty Destin License #3341244

Keller Williams Realty Destin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,032

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $875 Monthly HOA Fees

Home Design

  • Concrete Siding

Interior Spaces

  • 1,430 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

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-22-5100-0000-0202

Community Details

Overview

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

Amenities

  • Community Pavilion
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,032

Year Built

Built in 1993 | Remodeled

Lot Details

0

HOA Fees

$875 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: DESTIN GULFGATE CONDO
  • Directions: West of The Back Porch on the gulf
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1993
  • ResoBuildingAreaSource: Appraiser
  • 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
  • Special Features: None

Interior Features

  • Number Of Buildings: 66
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Renovated, Window Treatment All
  • Stories: 11
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

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

Garage/Parking

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Elevators, Exercise Room, Gated Community, Pavillion/Gazebo, Pool, TV Cable, Waterfront
  • Association #2 Fee: 2625.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Recreational Faclty, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-5100-0000-0202
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 66

Tax Info

  • Tax Annual Amount: 7032.43
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2021
Closed on
Sep 27, 2021
Sold by
Destin Properties Ii Llc
Bought by
Pfenninger Malcolm and Pfenninger Stephanie
Seller's Agent
Ed Smith
RE/MAX Coastal Properties
Buyer's Agent
Callan Edick
Keller Williams Realty Destin
List Price
$892,500
Sold Price
$892,500
Current Estimated Value
$1,052,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,812
Avg. Annual Appreciation
4.08%
Original Mortgage
$656,250
Outstanding Balance
$598,439
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$453,873

Purchase Details

Closed on
Aug 16, 2013
Sold by
Stewart Janice D
Bought by
Destin Properties Ii Llc
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
Pfenninger Malcolm $892,500 Bright Light Land Ttl Co Llc
Destin Properties Ii Llc $575,000 Touchstone Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfenninger Malcolm $656,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $892,500 0.0% $624 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
04/25/2021 04/25/21 For Sale $892,500 -- $624 / 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 $10,020 $920,000 -- $920,000
2023 $10,020 $920,000 $0 $920,000
2022 $8,436 $700,000 $0 $700,000
2021 $7,140 $575,000 $0 $575,000
2020 $7,032 $575,000 $0 $575,000
2019 $6,342 $500,000 $0 $500,000
2018 $6,163 $480,000 $0 $0
2017 $6,142 $470,000 $0 $0
2016 $6,105 $470,000 $0 $0
2015 $6,139 $470,000 $0 $0
2014 $5,552 $414,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 870165

Emerald Coast Association of REALTORS®

APN: 00-2S-22-5100-0000-0202