NOT LISTED FOR SALE

Destin Gulfgate 1180 Scenic Highway 98 Unit 502 Destin, FL 32541

Estimated Value: $893,000 - $1,122,000

2 Beds
2 Baths
1,430 Sq Ft
$733/mo HOA Fee

Last Sold June 17, 2016

Last sale price $595,000 $416 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,695/month

30 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Balcony
  • Central Heating and Cooling System
  • Destin Elementary School Rated A-
  • Living Room

About This Home

As of June 2016

Destin Gulfgate is touted as Northwest Florida's premier vacation Destination. One can see why with the sparkling waters from the Gulf of Mexico front and center! A coveted under building garage space will convey with this unit. Destin Gulfgate, a gated 24 hr. camera-secure development, has exemplary onsite management with deeded beach access. Fantastic unit for visitors and investors alike - affords rental income and enjoyment. Kitchen has granite counter tops, tile flooring is in main areas, all presents delightfully decorated.The living room area shares the large covered balcony with the master bedroom for beauty and relaxation. New pool and fitness center were added in 2013. Location is convenient to many of the area's famous restaurants and other fun amenities - all the best awaits!

Last Agent to Sell the Property

Sherry Edmundson

30A Local Real Estate Brokerage Email: william.britton@crye-leike.com License #3077835 Listed on: 03/18/2016

Last Buyer's Agent

Meghan Hall

Keller Williams Realty SRB License #3186166

Keller Williams Realty SRB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,992

Year Built

  • Built in 1993

Lot Details

  • 4

HOA Fees

  • $733 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,430 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

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

Community Details

  • Association fees include accounting, ground keeping, insurance, management, recreational faclty, security
  • Destin Gulfgate Condo Subdivision
  • 11-Story Property

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-5100-0000-0502

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,992

Year Built

Built in 1993

Lot Details

0

HOA Fees

$733 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: DESTIN GULFGATE CONDO
  • Directions: Highway 98 to Scenic Hwy 98 - just across from The Track directly on the Gulf of Mexico
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 11
  • Year Built: 1993
  • Attribution Contact: william.britton@crye-leike.com
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Balcony2: Yes
  • Special Features: None
  • Stories: 11

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Master Bedroom:First: Yes

Exterior Features

  • Pool Features: Pool Type
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee: 2200.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Management, Recreational Faclty, Security

Schools

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

Lot Info

  • Parcel #: 00-2S-22-5100-0000-0502
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5992.16
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jun 15, 2016
Sold by
Casey Properties Lp
Bought by
Itz Allan L and Itz Lynne Gemany
Seller's Agent
Sherry Edmundson
30A Local Real Estate
Buyer's Agent
Meghan Hall
Keller Williams Realty SRB
List Price
$595,000
Sold Price
$595,000
Current Estimated Value
$985,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,113
Avg. Annual Appreciation
5.53%
Original Mortgage
$446,250
Outstanding Balance
$355,628
Interest Rate
3.61%
Mortgage Type
Commercial
Estimated Equity
$629,485
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
Itz Allan L $595,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Itz Allan L $446,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2019 06/23/19 Off Market $595,000 -- --
06/17/2016 06/17/16 Sold $595,000 0.0% $416 / Sq Ft
04/17/2016 04/17/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $595,000 -- $416 / 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 $9,540 $920,000 -- $920,000
2023 $9,540 $920,000 $0 $920,000
2022 $7,999 $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 -- $470,000 $0 $0
2014 -- $420,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sherry Edmundson

    30A Local Real Estate

    (850) 585-6925

    6 in this area

    9 Total Sales

    Sherry Edmundson
    Section Image
  • Meghan Hall

    Buyer's Agent in 2016

    Meghan Hall

    Keller Williams Realty SRB

    (850) 867-6710

    27 in this area

    552 Total Sales

    Meghan Hall
    Section Image
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About Destin Gulfgate

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 748774

Emerald Coast Association of REALTORS®

APN: 00-2S-22-5100-0000-0502

Florida Okaloosa County Destin 32541

1180 Scenic Highway 98 Unit 502, Destin, FL

This home is located at 1180 Scenic Highway 98 Unit 502, Destin, FL 32541 since 18 March 2016 and is currently estimated at $985,113, approximately $688 per square foot. This property was built in 1993. 1180 Scenic Highway 98 Unit 502 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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