NOT LISTED FOR SALE

3100 Scenic Highway 98 Unit 112 Destin, FL 32541

Estimated Value: $379,000 - $426,000

1 Bed
1 Bath
600 Sq Ft
$686/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $399,000 $665 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,781/month

117 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Deck
  • Destin Elementary School Rated A-
  • Gated Community
  • Beach House

About This Home

As of March 2024

$100,000 Price Reduction ***$399,000 Priced to Sell ***Very Rare Opportunity ***
Turnkey vacation rental investment property that generates great rental income! ***Updated Kitchen and Bath***Own a piece of Old Florida and get outstanding returns on your investment. Great gulf views you cannot resist.... wake up and watch the waves roll in.
Enjoy hosting family and friends with the open concept living and kitchen area. 2023 - $31484 (what we have on the books right now for the whole year)
2022 - $40,640
2021 - $43,024
Capri By The Gulf is in a highly desirable location minutes to delicious eateries, great shopping, golfing, and more! Prepare yourself to fall in love when you see Unit 112.

Last Agent to Sell the Property

Cliff Milam

Paradise Property Brokers Inc License #3097943 Listed on: 09/08/2023

Last Buyer's Agent

Cliff Milam

Paradise Property Brokers Inc License #3097943 Listed on: 09/08/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,177

Year Built

  • Built in 1956

Lot Details

  • 2,614 Sq Ft Lot
  • Property fronts gulf or ocean

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Beach House
  • Property Attached

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Gulf Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0580-000A-007L

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, sewer, water, cable TV, trash
  • Capri By The Gulf Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Beach

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,177

Year Built

Built in 1956

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Subdivision Name: Capri By The Gulf
  • Directions: From Emerald Coast Parkway, go south onto Crystal Beach Drive, turn left onto Scenic hwy 98(east) and drive approximately 2 blocks, just past the Barracuda Beach access point. Capri By The Gulf will be on your right
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1956
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Block
  • Exterior Features: Deck Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • Exterior:Deck Open: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Gated Community, Picnic Area, TV Cable, Waterfront
  • Association #2 Fee: 900.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

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

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 00-2S-22-0580-000A-007L
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3177.41
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Feb 29, 2024
Sold by
Alvord George H and Alvord Patricia A
Bought by
T And H Morrison Revocable Living Trust and Morrison
Seller's Agent
Cliff Milam
Paradise Property Brokers Inc
Buyer's Agent
Cliff Milam
Paradise Property Brokers Inc
List Price
$499,000
Sold Price
$399,000
Premium/Discount to List
-$100,000
-20.04%
Views
63
Current Estimated Value
$411,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,423
Avg. Annual Appreciation
1.90%

Purchase Details

Closed on
May 2, 2002
Sold by
Terry J Rogers Ltd
Bought by
Alvord George H and Alvord Patricia A
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
T And H Morrison Revocable Living Trust $399,000 Burke Law & Title
Alvord George H $174,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $399,000 0.0% $665 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
11/29/2023 11/29/23 Price Changed $398,900 0.0% $665 / Sq Ft
11/27/2023 11/27/23 Price Changed $399,000 -20.0% $665 / Sq Ft
09/08/2023 09/08/23 For Sale $499,000 -- $832 / 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 $3,604 $324,802 $242,250 $82,552
2023 $3,604 $315,483 $242,250 $73,233
2022 $3,177 $263,665 $204,250 $59,415
2021 $3,105 $250,042 $204,250 $45,792
2020 $2,966 $245,633 $204,250 $41,383
2019 $2,842 $240,641 $204,250 $36,391
2018 $2,675 $227,691 $0 $0
2017 $2,597 $224,826 $0 $0
2016 $2,032 $156,449 $0 $0
2015 $2,032 $155,234 $0 $0
2014 $1,842 $137,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 931894

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0580-000A-007L