NOT LISTED FOR SALE

3291 Scenic Highway 98 Unit 309 Destin, FL 32541

Estimated Value: $407,854 - $431,000

1 Bed
1 Bath
730 Sq Ft
$500/mo HOA Fee

Last Sold February 04, 2020

Last sale price $260,000 $356 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,095/month

185 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 February 2020

AMAZING RENTAL INCOME! This 3rd floor condo produced $38,955 in rental income for 2018 and $22,238 in net income! An 8.2% ROI for a cash buyer. Most condos only generate $20k in rental income. See attached 2018 financial documents. Already completely booked for summer. #309 features fresh paint and carpet throughout and great views of the Gulf. Condo sleeps six with a king bed, bunk beds, and a new queen sleeper sofa. Grand Caribbean East is in the desirable Crystal Beach area which is next to plenty of shopping and activities. Listing agent has ownership interest.

Last Agent to Sell the Property

Bradley Fenn

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

Last Buyer's Agent

Christopher Bent

Realty ONE Group Emerald Coast License #3373998

Realty ONE Group Emerald Coast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,018

Year Built

  • Built in 1995

Lot Details

  • 1

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

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

Interior Spaces

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

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Built-In Barbecue

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0521-0000-3090

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

  • Community Whirlpool Spa

Security

  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,018

Year Built

Built in 1995

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: GRAND CARIBBEAN EAST CONDO
  • Directions: Hwy 98 East then right on Crystal Beach Drive. Left on Scenic Hwy 98 then left on Pompano Street. Grand Caribbean East parking lot on the right.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1995
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: 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 W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Interior Amenities: Floor Vinyl, Floor WW Carpet, Furnished - All, 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
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Metal, Vinyl Siding, Trim Aluminum
  • Exterior Features: Balcony, 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:Balcony: 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, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Dumpster, Picnic Area, TV Cable, Whirlpool
  • Association #2 Fee: 500.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Internet Service, 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-22-0521-0000-3090
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2018.0
  • Tax Year: 2030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
Smith Richard A and Smith Marlene A
Bought by
Redneck Riviera Llc
Current Estimated Value
$422,464

Purchase Details

Listed on
Jun 21, 2019
Closed on
Feb 4, 2020
Sold by
Paradise Properties Llc
Bought by
Smith Richard A and Smith Marlene A
Seller's Agent
Bradley Fenn
Sea Dunes Realty
Buyer's Agent
Christopher Bent
Realty ONE Group Emerald Coast
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
9.22%
Original Mortgage
$195,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2005
Sold by
Mooso Gregory O and Mooso Carol B
Bought by
Paradise Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Redneck Riviera Llc $100 Waypoint Title
Smith Richard A $260,000 Champions Title Agency Llc
Paradise Properties Llc $380,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Richard A $195,000
Previous Owner Paradise Properties Llc $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2020 02/04/20 Sold $260,000 0.0% $356 / Sq Ft
12/23/2019 12/23/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $260,000 -- $356 / 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 $3,737 $375,000 -- $375,000
2023 $3,737 $375,000 $0 $375,000
2022 $2,897 $245,000 $0 $245,000
2021 $2,670 $215,000 $0 $215,000
2020 $2,377 $190,000 $0 $190,000
2019 $2,285 $185,000 $0 $185,000
2018 $2,115 $170,000 $0 $0
2017 $1,895 $145,000 $0 $0
2016 $1,883 $145,000 $0 $0
2015 $1,890 $145,000 $0 $0
2014 $1,763 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 825544

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0521-0000-3090