NOT LISTED FOR SALE

3551 Scenic Highway 98 Unit 24 Destin, FL 32541

Estimated Value: $921,000 - $1,375,000

4 Beds
4 Baths
1,920 Sq Ft
$582/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $488,000 $254 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $7,020/month

5 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Wood Flooring
  • Destin Elementary School Rated A-
  • Fishing
  • Caribbean Architecture

About This Home

As of September 2017

Rare opportunity to own one of the most versatile vacation investment properties in Destin. With a Rental Projection over $64k/yr, Destiny Beach Villa #24 gives you the choice between a 4 bedroom beach retreat or two 2 bed/2 bath rental machines. Located amongst the exclusive gated beach neighborhoods of Destiny, this Villa sits near a beach access tunnel that allows you to avoid crossing traffic. Enjoy an easy walk under the street to the gorgeous white sand beach then come home to views of the serene 4 Prong Lake. Whether you want to play on the beach, lounge by the pool, fish, golf, shop, eat, drink, or just lay low... you don't have far to go. The Mid-Bay Bridge, Destin Commons, Harborwalk Village, and even Silver Sands Outlet Mall are just minutes away. Call today for a private showin

Last Agent to Sell the Property

Justin Cloud

Keller Williams Realty Destin License #3293581 Listed on: 07/24/2017

Keller Williams Realty Destin

Last Buyer's Agent

Brandon Hannah

HomeSmart Sunshine Realty License #3244078

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,360

Year Built

  • Built in 1998

Lot Details

  • 2,178 Sq Ft Lot
  • Lake Front
  • Coastal Barrier Zone
  • Sprinkler System
  • Property is zoned Resid Multi-Family,

HOA Fees

  • $467 Monthly HOA Fees

Home Design

  • Caribbean Architecture
  • Exterior Columns
  • Off Grade Structure
  • Slate Roof
  • Roof Vent Fans
  • Vinyl Trim
  • Aluminum Trim
  • Stucco
  • Slate

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Lake Views
  • Hurricane or Storm Shutters

Kitchen

  • Induction Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Water Heaters
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0074-0000-0240

Community Details

Overview

  • Association fees include ground keeping, management, master, recreational faclty, sewer, water, trash
  • Destiny East Ph 4 Subdivision
  • The community has rules related to covenants

Recreation

  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,360

Year Built

Built in 1998

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Lot Size: 0
  • Road Surface Type: Paved
  • Subdivision Name: DESTINY EAST PH 4
  • Directions: From the intersection of Mid-Bay Bridge Rd. (Spence Pkwy/Hwy 293) and Emerald Coast Pkwy (Hwy 98), head South on Hutchinson St. until you reach Scenic Hwy 98. Turn left and head East for about 1.3 miles. You will see Destiny Beach Villas on the left across from The Crab Trap Restaurant. Continue heading straight to the East entrance and turn in. #24 is the east-most home in the development.
  • Architectural Style: Caribbean
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1998
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Laundry2: Yes
  • Waterfront:Unit Waterfront: Yes
  • Energy:AC - 2 or More: Yes
  • Waterview:Lake2: Yes
  • Energy:Roof Vent: Yes
  • Waterfront:Lake: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator W/IceMk, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Owner's Closet, Washer/Dryer Hookup, Window Treatment All
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Lot Features: Covenants, Curb & Gutter, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Lake
  • Waterfront Features: Unit Waterfront, Lake
  • Waterfront: Yes
  • Construction Type: Foundation Off Grade, Roof Tile/Slate, Slab, Stucco, Trim Aluminum, Trim Vinyl
  • Exterior Features: Balcony, Columns, Hurricane Shutters, Pool - Gunite Concrt, Pool - In-Ground, Porch, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Trim Aluminum: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Exterior:Hurricane Shutters: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • ConstructionSiding:Foundation Off Grade: Yes
  • Lot Features:Curb Gutter: Yes
  • Exterior:Pool - Gunite Concrt: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Dumpster, Fishing, Pets Allowed, Pool, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 1400.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, Master Association, Recreational Faclty, Sewer, Water, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 2178.0
  • Parcel #: 00-2S-22-0074-0000-0240
  • Zoning: Resid Multi-Family,
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: Yes

Tax Info

  • Tax Annual Amount: 4359.69
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2017
Closed on
Sep 1, 2017
Sold by
3551 Scenic Highway Llc
Bought by
Walters Jonathan and Walters Jessica
Seller's Agent
Justin Cloud
Keller Williams Realty Destin
Buyer's Agent
Brandon Hannah
HomeSmart Sunshine Realty
List Price
$488,000
Sold Price
$488,000
Current Estimated Value
$1,117,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,386
Avg. Annual Appreciation
10.69%
Original Mortgage
$390,400
Outstanding Balance
$326,187
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$791,199

Purchase Details

Closed on
Dec 23, 2009
Sold by
Graham Sybil L
Bought by
3551 Scenic Highway Llc
Source: Public Records

Range of Values:

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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
Walters Jonathan $488,000 Aqua Title Services
3551 Scenic Highway Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walters Jonathan $390,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2017 09/01/17 Sold $488,000 0.0% $254 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $488,000 -- $254 / 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 $8,321 $877,918 $384,853 $493,065
2023 $8,321 $841,561 $359,676 $481,885
2022 $7,132 $673,314 $311,407 $361,907
2021 $6,030 $497,931 $214,200 $283,731
2020 $5,394 $431,114 $204,000 $227,114
2019 $5,197 $422,250 $204,000 $218,250
2018 $4,642 $361,499 $0 $0
2017 $4,538 $347,211 $0 $0
2016 $4,360 $335,635 $0 $0
2015 $4,307 $325,124 $0 $0
2014 $4,090 $304,962 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 780001

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0074-0000-0240