NOT LISTED FOR SALE

940 Highway 98 E Unit 122 Destin, FL 32541

Estimated Value: $482,471 - $585,000

3 Beds
2.5 Baths
1,289 Sq Ft
$620/mo HOA Fee

Last Sold January 14, 2022

Last sale price $455,000 $353 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,926/month

39 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Gated Community
  • Destin Elementary School Rated A-
  • Fishing
  • Wood Flooring

About This Home

As of January 2022

Prime location. Great value for this townhome by the beach. 1289 Square Foot 3 Bedroom 2/1/2 bath townhome with own unit parking space by front door in Southbay by the Gulf. Southbay is a gated landscaped 14 acre community of 109 two and three story townhomes that offer 300' of private white sand Gulf beach and Dunes of Destin lake. This condo comes fully furnished and rental ready. Tile floor downstairs and wood flooring upstairs. Updated bathrooms with Walk-in shower in Master. On Rental program. With some TLC should do $50,000 +.
This family, pet friendly townhome community offers two pools + two kiddie pools, two lighted tennis courts with pickle ball and shuffleboard, a lake bridge, gazebos and picnic areas. Close to fishing, boating, shopping, dining, golf and entertainment.

Last Agent to Sell the Property

Terry Tallent

Aquatic Resort Properties Inc License #3153317 Listed on: 10/31/2021

Last Buyer's Agent

The Destin/Kirkland Team

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,502

Year Built

  • Built in 1978

Lot Details

  • 1

HOA Fees

  • $620 Monthly HOA Fees

Home Design

  • Off Grade Structure
  • Dimensional Roof
  • Composition Shingle Roof
  • Cement Board or Planked

Interior Spaces

  • 1,289 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Deeded Parking

Outdoor Features

  • Deeded access to the beach
  • Open Patio
  • Built-In Barbecue

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-22-4201-0021-00S4

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, legal, management, security, sewer, water, cable TV, trash
  • 4 Buildings
  • 4 Units
  • South Bay By The Gulf #2 Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,502

Year Built

Built in 1978

Lot Details

0

HOA Fees

$620 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SOUTH BAY BY THE GULF #2
  • Directions: Turn South from Hwy 98 onto Sandprint Drive. Follow street around to Southbay South. #122 is directly south of Tennis courts .
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1978
  • 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
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 4
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Interior Amenities: Floor Hardwood, Floor Tile, Furnished - All, Owner's Closet, Washer/Dryer Hookup, Window Treatment All
  • Stories: 2
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Foundation Off Grade, Roof Dimensional Shg, Siding CmntFbrHrdBrd
  • Exterior Features: BBQ Pit/Grill, Patio Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Foundation Off Grade: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Deeded, Guest
  • General Property Info:Garage2: No
  • Parking Features:Guest: Yes
  • Parking Features:Deeded: 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, Beach, Community Room, Deed Access, Dumpster, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 620.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 00-2S-22-4201-0021-00S4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 2502.38
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2021
Closed on
Jan 14, 2022
Sold by
Ilse P Mayer Revocable Trust
Bought by
Evans Brooke Elizabeth
Seller's Agent
Terry Tallent
Aquatic Resort Properties Inc
Buyer's Agent
The Destin/Kirkland Team
EXP Realty LLC
List Price
$455,000
Sold Price
$455,000
Current Estimated Value
$540,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,118
Avg. Annual Appreciation
3.81%
Original Mortgage
$386,750
Interest Rate
3.22%
Mortgage Type
New Conventional
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
Evans Brooke Elizabeth $455,000 Vintage Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Evans Brooke Elizabeth $386,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Off Market $455,000 -- --
01/14/2022 01/14/22 Sold $455,000 0.0% $353 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
10/31/2021 10/31/21 For Sale $455,000 -- $353 / 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 $4,360 $365,000 -- $365,000
2023 $4,360 $365,000 $0 $365,000
2022 $3,547 $355,000 $0 $355,000
2021 $3,207 $300,000 $0 $300,000
2020 $2,502 $200,000 $0 $200,000
2019 $2,410 $190,000 $0 $190,000
2018 $2,376 $185,000 $0 $0
2017 $2,274 $174,000 $0 $0
2016 $2,195 $169,000 $0 $0
2015 $2,325 $161,000 $0 $0
2014 $2,329 $161,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 884905

Emerald Coast Association of REALTORS®

APN: 00-2S-22-4201-0021-00S4