NOT LISTED FOR SALE

3191 Scenic Highway 98 Unit 302 Destin, FL 32541

Estimated Value: $392,000 - $422,000

1 Bed
1 Bath
655 Sq Ft
$420/mo HOA Fee

Last Sold October 03, 2019

Last sale price $260,000 $397 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,888/month

70 Days on Market

Highlights

  • In Ground Pool
  • Gulf View
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Newly Painted Property
  • Furnished

About This Home

As of October 2019

GREAT RENTAL INCOME CONDO! This 3rd floor, 1 bedroom condo generated $35,475 in rental income and $20,784 in net income! Similar condos in the complex only generate gross income what this condo generates in net income; therefore, a nice 7.7% ROI for your cash buyer. See attached financials from 2018. Condo is completely booked for summer so rentals will convey to new owner. This condo features a king bed, a new sofa, and has tile in the kitchen, hallway and living area. Wonderful Gulf view from the balcony and public beach access is right in front of the condo. Listing agent has ownership interest in condo.

Last Agent to Sell the Property

Bradley Fenn

Sea Dunes Realty License #3147727 Listed on: 06/21/2019

Last Buyer's Agent

Kerry Gerber

The Premier Property Group License #3400832

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,018

Year Built

  • Built in 1994

Lot Details

  • 1

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Newly Painted Property
  • Metal Roof
  • Vinyl Siding
  • Aluminum Trim

Interior Spaces

  • 655 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Wainscoting
  • Ceiling Fan
  • Window Treatments
  • Dining Room
  • Gulf Views

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Built-In Bunk Beds
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Built-In Barbecue

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0520-0000-3020

Community Details

Overview

  • Association fees include ground keeping, insurance, internet service, management, master, sewer, water, cable TV, trash
  • Grand Caribbean West Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

  • Community Pool
  • Community Whirlpool Spa

Security

  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,018

Year Built

Built in 1994

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: GRAND CARIBBEAN WEST CONDO
  • Directions: Hwy 98 East then right on Crystal Beach Drive. Left on Scenic Hwy 98 then left on Pompano Street. Grand Caribbean West parking lot on the left.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1994
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All, Hallway Bunk Beds, Newly Painted, Walls Wainscoting, Washer/Dryer Hookup, Window Treatment All
  • Stories: 3
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Hallway Bunk Beds: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Metal, Vinyl Siding, Trim Aluminum
  • Exterior Features: BBQ Pit/Grill, Hot Tub, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Trim Aluminum: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Guest
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Ceiling Fan(s), 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, Community Room, Dumpster, Picnic Area, Pool, TV Cable, Whirlpool
  • Association #2 Fee: 420.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Internet Service, Management, Master Association, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-0520-0000-3020
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2018.0
  • Tax Year: 2043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2023
Sold by
Dennis Gregg and Dennis Colette
Bought by
Herman Real Estate Llc
Current Estimated Value
$408,669

Purchase Details

Listed on
Jun 21, 2019
Closed on
Oct 3, 2019
Sold by
Paradise Properties Llc
Bought by
Dennis Gregg and Dennis Colette
Seller's Agent
Bradley Fenn
Sea Dunes Realty
Buyer's Agent
Kerry Gerber
The Premier Property Group
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$208,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2002
Sold by
Duffey Donald B and Duffey Pauline Suskind
Bought by
Sosnowski Kevin R and Sosnowski Kerri E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,550
Interest Rate
6.15%

Purchase Details

Closed on
Jul 31, 2000
Sold by
Higdon Glenn and Puckett Declaration Of Living
Bought by
Duffey Donald B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
8.12%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Herman Real Estate Llc $450,000 Mcneese Title
Herman Real Estate Llc $450,000 Mcneese Title
Dennis Gregg $260,000 Attorney
Sosnowski Kevin R $149,000 --
Duffey Donald B $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dennis Gregg $208,000
Previous Owner Sosnowski Kevin R $141,550
Previous Owner Duffey Donald B $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2019 10/03/19 Sold $260,000 0.0% $397 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $260,000 -- $397 / 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 $3,690 $360,000 -- $360,000
2023 $3,690 $375,000 $0 $375,000
2022 $2,855 $245,000 $0 $245,000
2021 $2,631 $215,000 $0 $215,000
2020 $2,377 $190,000 $0 $190,000
2019 $2,269 $180,000 $0 $180,000
2018 $2,129 $170,000 $0 $0
2017 $1,921 $147,000 $0 $0
2016 $1,819 $140,000 $0 $0
2015 $1,757 $136,000 $0 $0
2014 $1,642 $127,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 825543

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0520-0000-3020