NOT LISTED FOR SALE

128 Gulf Winds Ct Destin, FL 32541

Estimated Value: $917,000 - $1,396,000

3 Beds
3.5 Baths
3,100 Sq Ft
$360/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $650,000 $210 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,754/month

28 Days on Market

Highlights

  • Beach
  • Gulf View
  • Wood Flooring
  • Destin Elementary School Rated A-
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of January 2021

Boasting views of the Gulf of Mexico, the Destin Harbor, and a rental projection of $82,000 in gross annual revenue, this 3,100 square feet unit is a truly unique hidden gem on the Emerald Coast. 128 Gulf Winds Court is a 3b/3.5ba townhome that sits steps away from a beach easement as well as a secluded public beach access. The property has an open floor plan with ample entertainment space, boasting trey ceilings throughout the main level and a galley-style kitchen with rounded finishes that is reminiscent of a luxury sailboat. The bottom floor is newly renovated to create a separate entertainment space/game room, and it also can function as a 1b/1ba lockout with its own separate entrance. The home also boasts ample outdoor living space with multiple covered porches and water views of both the Destin Harbor and Gulf of Mexico. Additionally, the master suite on the third floor is substantial in size, taking up the majority of the third level. It's complimented by two separate closet spaces and an oversized en-suite bathroom that boast a soaking tub as well as a walk-in shower. Additionally, it has separate his-and-hers vanities. The property boasts rental projections of $72,000-$82,000 in gross annual revenue from multiple local companies, and it also has rental history of $70,000 under previous owner management on VRBO, this was prior to the renovation that created the game room on the first level.

128 Gulf Winds Court is located on Holiday Isle and is minutes away from world-class shopping, dining, and entertainment. It's also directly South of Target, and only two miles from the famous Destin Harbor Boardwalk which is host to private fishing charters, incredible local cuisine, and nightly firework shows in the Summer.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 12/16/2020

Last Buyer's Agent

John Gillesipe

The Realty Firm Inc License #703703

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,248

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 3,485 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Property Views

  • Gulf
  • Harbor

Home Design

  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 3,100 Sq Ft Home
  • 3-Story Property
  • Built-in Bookshelves
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Insulated Doors
  • Living Room
  • Dining Room
  • Exterior Washer Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Home Security

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Lock
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-0000-0025-0200

Community Details

Overview

  • Association fees include master

Recreation

  • Beach

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,248

Year Built

Built in 1996 | Remodeled

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • Subdivision Name: METES & BOUNDS
  • Directions: Hwy 98 to Gulf Shore Dr. Turn right before Destin Pointe and keep left at the fork to continue on Gulf Shore Dr. Take the second left onto Gulf Winds Ct and townhome is on the right.
  • Architectural Style: Townhome
  • Carport Y N: No
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 3
  • Year Built: 1996
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Harbor2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Insulated Doors: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Energy:Water Heater - Gas: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Tray/Cofferd, Ceiling Vaulted, Fireplace, Floor Hardwood, Floor Tile, Floor WW Carpet, Lighting Recessed, Lock Out, Plantation Shutters, Renovated, Washer/Dryer Hookup
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Ceiling Vaulted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Sidewalk, Within 1/2 Mile to Water
  • View: Harbor, Gulf
  • Construction Type: Block, Roof Tile/Slate, Stucco
  • Exterior Features: Balcony, Hurricane Shutters, Patio Covered
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • Lot Features:Cul-De-Sac: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Hurricane Shutters: Yes
  • Lot Features:Sidewalk: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach
  • Association #2 Fee: 345.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Master Association

Schools

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

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 00-2S-24-0000-0025-0200
  • Zoning: Resid Multi-Family,
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5247.91
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Lehmann Vacations Llc
Bought by
Beach Blessings Tn Llc
Current Estimated Value
$1,115,720

Purchase Details

Closed on
May 6, 2021
Sold by
Lehmann and Rachel
Bought by
Lehmann Vacations Llc

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jan 22, 2021
Sold by
Alexa Inc
Bought by
Lehmann Randy and Lehmann Rachel
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
John Gillesipe
The Realty Firm Inc
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.63%

Purchase Details

Listed on
May 1, 2019
Closed on
Sep 13, 2019
Sold by
128 Gulf Winds Court Llc
Bought by
Alexa Inc
Seller's Agent
Hana Hawkins
Berkshire Hathaway HomeServices
Buyer's Agent
Jay Long
Verve Real Estate LLC
List Price
$515,000
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.67%
Original Mortgage
$412,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 6, 2017
Closed on
Feb 16, 2017
Sold by
Corwin James O and Corwin Deborah A
Bought by
128 Gulf Winds Ct Llc
Seller's Agent
Vicki Matthews
Coldwell Banker Realty
Buyer's Agent
Hana Hawkins
Berkshire Hathaway HomeServices
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.87%

Purchase Details

Closed on
Feb 29, 2012
Sold by
Tanglao Emmanuel
Bought by
Total Building Concepts Inc and Northpoint Investments Llc

Purchase Details

Closed on
Apr 4, 2003
Sold by
Altamura James M
Bought by
Tanglao Emmanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
5.25%
Mortgage Type
Unknown
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
Beach Blessings Tn Llc -- None Listed On Document
Lehmann Vacations Llc $100 Carter Shelton Plc
Lehmann Vacations Llc $100 Carter Shelton Plc
Lehmann Randy $650,000 Mcgill Escrow And Title Llc
Alexa Inc $515,000 Attorney
128 Gulf Winds Ct Llc $345,000 Attorney
Total Building Concepts Inc $259,300 None Available
Tanglao Emmanuel $395,000 Dolphin Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexa Inc $412,000
Previous Owner Tanglao Emmanuel $580,000
Previous Owner Tanglao Emmanuel C $150,000
Previous Owner Tanglao Emmanuel $355,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $650,000 0.0% $210 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $650,000 +26.2% $210 / Sq Ft
10/14/2020 10/14/20 Off Market $515,000 -- --
09/13/2019 09/13/19 Sold $515,000 0.0% $194 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $515,000 +49.3% $194 / Sq Ft
02/16/2017 02/16/17 Sold $345,000 0.0% $130 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $345,000 +1.8% $130 / Sq Ft
12/03/2012 12/03/12 Sold $339,000 0.0% $121 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
10/04/2012 10/04/12 For Sale $339,000 -- $121 / 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 $7,744 $710,618 $180,000 $530,618
2023 $7,744 $659,833 $146,000 $513,833
2022 $6,994 $580,364 $146,000 $434,364
2021 $6,093 $490,618 $146,000 $344,618
2020 $5,634 $450,299 $146,000 $304,299
2019 $5,248 $413,725 $146,000 $267,725
2018 $4,902 $381,795 $0 $0
2017 $4,707 $360,134 $0 $0
2016 $4,493 $345,913 $0 $0
2015 $4,522 $337,239 $0 $0
2014 $4,294 $316,127 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 847407

Emerald Coast Association of REALTORS®

APN: 00-2S-24-0000-0025-0200