NOT LISTED FOR SALE

940 Highway 98 E Unit 11 Destin, FL 32541

Destin Area

Estimated Value: $446,993

4 Beds
3 Baths
1,700 Sq Ft
10 Acre Lot

Sale Details

Date Sold: September 2, 2022

Last sale price $450,000 $265 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,548 / mo

2 Days on Market

Highlights

  • Beach
  • Primary Bedroom Suite
  • Furnished
  • Destin Elementary School Rated A-
  • Deck
  • Community Pool

About This Home

As of September 2022

If looking for a rental-ready unit or a place to call your own, this is the place for you! 2022 rental income (Jan-Aug) of over $47K & trailing 12 months of income $59K. Located in the heart of Destin, this gorgeous 3-story unit comes completely furnished and includes amenities such as community pool, tennis courts, BBQ areas & beach. Enjoy the sun from the open deck that overlooks the pool or from the covered porch with an access path to pool. Interior amenities include beautiful tile & vinyl flooring throughout, granite countertops & stainless-steel appliances in kitchen, spacious living areas, & laundry room. The unit includes 3 bedrooms & 2 full baths on the third level, including owner's suite, along with full bath & bedroom/living area on the first floor. Schedule a showing today!

Last Agent to Sell the Property

Robert Brooks

Rob Brooks Realty License #615261 Listed on: 08/22/2022

Last Buyer's Agent

Michael Tucker

Compass License #3515668

Compass

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,566

Year Built

  • Built in 1974

Lot Details

  • 10

HOA Fees

  • $655 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-4200-00A2-0000

Community Details

Overview

  • Association fees include internet service, repairs/maintenance, sewer, water, trash
  • South Bay By The Gulf Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,566

Year Built

Built in 1974

Lot Details

10 Acres

HOA Fees

$655 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SOUTH BAY BY THE GULF
  • Directions: From Ft Walton Beach, head east on Hwy 98 towards Destin. From Hwy 98, turn right into the Southbay entrance, which is across from the Winn Dixie shopping center. The unit is located in the first building to the left past the entrance.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1974
  • Remarks Misc:Remarks: If looking for a rental-ready unit or a place to call your own, this is the place for you! 2022 rental income (Jan-Aug) of over $47K & trailing 12 months of income $59K. Located in the heart of Destin, this gorgeous 3-story unit comes completely furnished and includes amenities such as community pool, tennis courts, BBQ areas & beach. Enjoy the sun from the open deck that overlooks the pool or from the covered porch with an access path to pool. Interior amenities include beautiful tile & vinyl flooring throughout, granite countertops & stainless-steel appliances in kitchen, spacious living areas, & laundry room. The unit includes 3 bedrooms & 2 full baths on the third level, including owner's suite, along with full bath & bedroom/living area on the first floor. Schedule a showing today!
  • Utilities:Public Sewer: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Utilities:Community Water: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Covered Porch: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Dining Area: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Floor Tile, Floor Vinyl, Furnished - All, Lighting Recessed, Owner's Closet, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Tile: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck Open, Patio Covered
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Deck Open: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Community Water, Public Sewer

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Pool, Tennis, Waterfront
  • Association #2 Fee: 655.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Internet Service, Repairs/Maintenance, Sewer, Water, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-4200-00A2-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2565.73
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Sep 2, 2022
Sold by
Ryan Smith
Bought by
Seller's Agent
Robert Brooks
Rob Brooks Realty
Buyer's Agent
Michael Tucker
Compass
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%
Current Estimated Value
$446,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,007
Avg. Annual Appreciation
-0.17%

Purchase Details

Listed on
Aug 22, 2017
Closed on
Feb 13, 2018
Sold by
Green Ryan
Bought by
Smith Ryan
Seller's Agent
Leslie Rudder
Destin Lifestyles Real Estate
Buyer's Agent
Rob Brooks
ERA American Real Estate
List Price
$251,000
Sold Price
$251,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%
Original Mortgage
$242,026
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Listed on
Jul 27, 2013
Closed on
Aug 21, 2013
Sold by
Patterson Ruben H
Bought by
Green Ryan
Seller's Agent
Annemarie Kronfuss
ERA American Real Estate
Buyer's Agent
Leslie Rudder
Coldwell Banker Jme Realty
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.82%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Destin, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 --
Smith Ryan $251,000 H & S Title And Escrow
Green Ryan $130,000 Mcneese Title Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $242,026
Previous Owner -- $242,026
Previous Owner Green Ryan A $92,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2022 09/02/22 Sold $450,000 +5.9% $265 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $425,000 +69.3% $250 / Sq Ft
02/12/2018 02/12/18 Sold $251,000 0.0% $148 / Sq Ft View Prior Sale
01/11/2018 01/11/18 Pending -- -- --
08/22/2017 08/22/17 For Sale $251,000 +93.1% $148 / Sq Ft
08/21/2013 08/21/13 Sold $130,000 0.0% $76 / Sq Ft View Prior Sale
08/06/2013 08/06/13 Pending -- -- --
07/27/2013 07/27/13 For Sale $130,000 -- $76 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,441 $375,000 $375,000
2024 $4,480 $375,000 $375,000
2023 $4,480 $375,000 $0 $375,000
2022 $2,899 $260,000 $0 $260,000
2021 $2,566 $210,000 $0 $210,000
2020 $2,315 $185,000 $0 $185,000
2019 $2,442 $192,500 $0 $192,500
2018 $2,036 $170,000 $0 $0
2017 $1,751 $134,000 $0 $0
2016 $1,741 $134,000 $0 $0
2015 $1,888 $128,000 $0 $0
2014 $1,909 $128,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 906503

Emerald Coast Association of REALTORS®

APN: 00-2S-22-4200-00A2-0000

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