NOT LISTED FOR SALE

Destin Gulfgate 1180 Scenic Highway 98 Unit 503 Destin, FL 32541

Estimated Value: $917,000 - $1,122,000

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

Last Sold March 14, 2017

Last sale price $632,500 $442 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,881/month

7 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Furnished
  • Destin Elementary School Rated A-
  • Gated Community
  • Community Pool

About This Home

As of March 2017

Beautiful Unit that was updated in 2014. This unit did not own an underbuilding parking space.

Last Agent to Sell the Property

Molly Hageman

Hageman Coastal Properties License #3009765 Listed on: 01/31/2017

Co-Listed By

Jeff Hageman

Hageman Coastal Properties License #3573360

Last Buyer's Agent

Jay Agnew

Re/Max Beaches License #3161497

Re/Max Beaches

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,105

Year Built

  • Built in 1993

Lot Details

  • 4

HOA Fees

  • $733 Monthly HOA Fees

Home Design

  • Concrete Siding
  • Piling Construction

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room
  • Gulf Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-5100-0000-0503

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, legal, licenses/permits, management, recreational faclty, sewer, water, cable TV, trash
  • 66 Buildings
  • 66 Units
  • Destin Gulfgate Condo Subdivision

Amenities

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

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,105

Year Built

Built in 1993

Lot Details

0

HOA Fees

$733 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EMO2
  • Co List Office Phone: 850-865-2842
  • Subdivision Name: DESTIN GULFGATE CONDO
  • Directions: From Hwy. 98 to Scenic Hwy. 98 in Destin across from ''The Track'' and directly on the Beach.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1993
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Balcony2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 66
  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Furnished - All
  • Stories: 12
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Foundation On Piling
  • Exterior Features: Balcony, Hurricane Shutters
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Hurricane Shutters: Yes

Utilities

  • Cooling: Ceiling Fan(s), 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, Elevators, Gated Community, Pavillion/Gazebo, Pool, TV Cable, Waterfront
  • Association #2 Fee: 2200.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Legal, Licenses/Permits, Management, 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-22-5100-0000-0503
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 66

Tax Info

  • Tax Annual Amount: 6105.02
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2017
Closed on
Mar 14, 2017
Sold by
Croesus Properties I Llc
Bought by
Gnk Properties Llc
Seller's Agent
Molly Hageman
Hageman Coastal Properties
Buyer's Agent
Jay Agnew
Re/Max Beaches
List Price
$632,500
Sold Price
$632,500
Current Estimated Value
$1,020,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,304
Avg. Annual Appreciation
5.70%
Original Mortgage
$506,000
Outstanding Balance
$258,471
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$762,333

Purchase Details

Listed on
Jun 1, 2015
Closed on
May 28, 2015
Sold by
King Corporate Group Llc
Bought by
Croesus Properties I Llc
Seller's Agent
Molly Hageman
Hageman Coastal Properties
Buyer's Agent
Molly Hageman
Destin Gulfgate Owners Association
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%

Purchase Details

Closed on
Dec 30, 2002
Sold by
Newman Reece C
Bought by
King Corporate Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,300
Interest Rate
5.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 15, 2001
Sold by
Thomas Paul D
Bought by
Newman Reece C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7%
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
Gnk Properties Llc $632,500 Attorney
Croesus Properties I Llc $575,000 Attorney
King Corporate Group Llc $448,400 --
Newman Reece C $91,100 Security First Title Partner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gnk Properties Llc $506,000
Previous Owner King Corporate Group Llc $358,300
Previous Owner Newman Reece C $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2019 06/23/19 Off Market $575,000 -- --
03/14/2017 03/14/17 Sold $632,500 0.0% $442 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $632,500 +10.0% $442 / Sq Ft
06/01/2015 06/01/15 Sold $575,000 0.0% $402 / Sq Ft View Prior Sale
06/01/2015 06/01/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $575,000 -- $402 / 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 $5,992 $470,000 $0 $0
2014 $5,463 $420,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Molly Hageman

    Hageman Coastal Properties

    (850) 865-2842

    3 in this area

    33 Total Sales

    Molly Hageman
    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jeff Hageman

    Hageman Coastal Properties

    (850) 974-4108

    4 in this area

    34 Total Sales

    Jeff Hageman
    Section Image
  • Jay Agnew

    Buyer's Agent in 2017

    Jay Agnew

    RE/MAX

    (800) 605-4810

    14 in this area

    61 Total Sales

    Jay Agnew
    Section Image
See All Agents

About Destin Gulfgate

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 768216

Emerald Coast Association of REALTORS®

APN: 00-2S-22-5100-0000-0503

Florida Okaloosa County Destin 32541

1180 Scenic Highway 98 Unit 503, Destin, FL

This home is located at 1180 Scenic Highway 98 Unit 503, Destin, FL 32541 since 31 January 2017 and is currently estimated at $1,020,804, approximately $713 per square foot. This property was built in 1993. 1180 Scenic Highway 98 Unit 503 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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