NOT LISTED FOR SALE

940 Highway 98 E Unit 21 Destin, FL 32541

Estimated Value: $429,176 - $485,000

3 Beds
2.5 Baths
1,289 Sq Ft
$530/mo HOA Fee

Last Sold December 14, 2018

Last sale price $200,000 $155 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,185/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • Community Pool
  • Open Patio
  • Destin Elementary School Rated A-
  • Tennis Courts
  • Living Room

About This Home

As of December 2018

Perfect second home or rental property. Located across the parking lot from one of the two pools. Close walking distance to local shops, restaurants and Big Kahunas. The unit has been a second home, never rented. Will make a good rental investment.
This beachfront development has over 120 feet along the Gulf of Mexico.

Last Agent to Sell the Property

Craig Faust

Keller Williams Realty Destin License #446738 Listed on: 11/26/2018

Keller Williams Realty Destin

Co-Listed By

John King Jr

Keller Williams Realty Destin License #440464

Last Buyer's Agent

Emily Crain

KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE License #3404289

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1976

Lot Details

  • 10

HOA Fees

  • $530 Monthly HOA Fees

Home Design

  • Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,289 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Open Patio

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 Southbay by the Gulf Unit B-2

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1976

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EKW1
  • Co List Office Phone: 850-654-2900
  • Subdivision Name: SOUTH BAY BY THE GULF
  • Directions: Southbay is East of Gulf Shore Dr. Head south, it will be the town home complex to your right.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1976
  • Remarks Misc:Remarks: Perfect second home or rental property. Located across the parking lot from one of the two pools. Close walking distance to local shops, restaurants and Big Kahunas. The unit has been a second home, never rented. Will make a good rental investment. This beachfront development has over 120 feet along the Gulf of Mexico.
  • Utilities Electric: 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
  • Rooms:Living Room: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Floor Tile, Floor WW Carpet, Owner's Closet, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Range Hood: Yes
  • Interior:Floor WW Carpet: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Composite Shngl, Roof Pitched, Wood Siding, Slab
  • Exterior Features: Patio Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • ConstructionSiding:Siding Wood: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pets Allowed, Pool, Tennis
  • Association #2 Fee: 530.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Management, Repairs/Maintenance, Sewer, Trash

Schools

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

Lot Info

  • Parcel #: Southbay by the Gulf Unit B-2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2025
Sold by
Bowers Michael C and Bowers Marisa A
Bought by
Cajn Llc
Current Estimated Value
$447,794

Purchase Details

Listed on
Nov 26, 2018
Closed on
Dec 14, 2018
Sold by
Lacy James F and Lacy Emily C
Bought by
Bowers Michael C and Bowers Marisa A
Seller's Agent
Craig Faust
Keller Williams Realty Destin
Buyer's Agent
Emily Crain
KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%
Source: Public Records
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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
Cajn Llc $100 Mcgill Escrow & Title
Cajn Llc $100 Mcgill Escrow & Title
Bowers Michael C $200,000 Mcgill Escrow & Title
Bowers Michael C $200,000 Mcgill Escrow & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $200,000 0.0% $155 / Sq Ft
12/08/2018 12/08/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $200,000 -- $155 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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
2025 $3,943 $375,000 -- $375,000
2024 $3,647 $375,000 -- $375,000
2023 $3,647 $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 $2,220 $175,000 $0 $175,000
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 $1,893 $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: 811413

Emerald Coast Association of REALTORS®

APN: 00-2S-22-4200-00B2-0000