$335,000
$90K PRICE DROP

940 Highway 98 E Unit 23 Destin, FL 32541

Destin Area

Estimated payment $2,220/month

Total Views 137,458
3 Beds
2.5 Baths
1,289 Sq Ft
$260 Price per Sq Ft

Highlights

  • Beach
  • Deeded access to the beach
  • Primary Bedroom Suite
  • Destin Elementary School Rated A-
  • Fishing
  • Newly Painted Property

About This Home

This move-in-ready townhome is an ideal opportunity for a high-performing short-term rental or a coastal getaway! Situated in the heart of Destin, this property perfectly blends beachy charm with strong investment potential.
Inside, an open, light-filled living space invites effortless vacation living. The newly restaged bedrooms highlight a stylish coastal aesthetic designed to impress guests and maximize booking appeal, while the functional floor plan provides total comfort for visiting families.
The community amenities make this listing a standout choice for renters: guests can cross the scenic walking bridge directly to the sugar-white sand, cool off in one of the two pools, or take advantage of the on-site sports courts for tennis, pickleball, and shuffleboard. Located just moments from Destin's top dining, shopping, and water sports, this property is fully prepared to start generating income on day one. VA APPROVED! Updated end unit features fresh interior paint, new flooring upstairs, new tile flooring on the main level, and a 2025 roof. Functional kitchen and living layout with washer and dryer included. AC system was professionally cleaned within the last six months. End unit offers added privacy, increased natural light, and exterior storage for beach gear or equipment.

Accommodates at least six guests and is ideal as a second home or income-producing property, with rental figures available upon request.

Listing Agent

Paul Domenech

Keller Williams Realty FWB License #3329765 Listed on: 03/20/2026

Keller Williams Realty FWB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,943

Year Built

  • Built in 1974

Parking

  • 2 Parking Spaces

Home Design

  • Newly Painted Property
  • Slab Foundation
  • Composition Shingle Roof
  • Cement Board or Planked

Interior Spaces

  • 1,289 Sq Ft Home
  • Living Room
  • Dining Area

Kitchen

  • Walk-In Pantry
  • Range Hood
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deeded access to the beach
  • 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 00-2S-22-4200-00D6-0000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include accounting, ground keeping, insurance, management, recreational faclty, repairs/maintenance, sewer, TV cable, trash, water, ground maintenance, maintenance structure, cable TV
  • South Bay By The Gulf Subdivision

Amenities

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

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,943

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: SOUTH BAY BY THE GULF
  • Directions: From US Hwy 98 in Destin, proceed to 940 E Hwy 98 (Southbay by the Gulf community) located on the south side of the highway. Turn into the community entrance directly across from Winn-Dixie. Continue straight, then take the first right. Unit 23 is located in the second building on the right and is the end unit.
  • Architectural Style: N/A
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1974
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Washer, Electric Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Laminate, Tile
  • Interior Amenities: Newly Painted, Pantry, Washer/Dryer Hookup

Exterior Features

  • Lot Features: Level, Within 1/2 Mile to Water
  • Construction Type: Siding CmntFbrHrdBrd
  • Foundation Details: Slab
  • Patio And Porch Features: Patio Open
  • Property Condition: Construction Complete
  • Roof: Composite Shngl

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Fishing, Pavillion/Gazebo, Picnic Area, Pool, TV Cable, Tennis Court(s), Pets Allowed
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Insurance, Management, Recreational Faclty, Maintenance Structure, Sewer, Cable TV, Trash, Water

Schools

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

Lot Info

  • Parcel #: 00-2S-22-4200-00D6-0000

Tax Info

  • Tax Annual Amount: 3943.05
  • Tax Year: 2025

Matterport 3D Tour

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
09/01/2026 09/01/26 Price Changed $335,000 -6.9% $260 / Sq Ft
07/28/2026 07/28/26 Price Changed $360,000 -9.8% $279 / Sq Ft
04/20/2026 04/20/26 Price Changed $399,000 -6.1% $310 / Sq Ft
03/20/2026 03/20/26 For Sale $425,000 -- $330 / Sq Ft
Source: Emerald Coast Association of REALTORS®

About the Listing Agent

Paul Domenech

Keller Williams Realty FWB

(448) 203-1588

Section Image

Paul Domenech is a highly accomplished real estate professional, entrepreneur, and motivational leader based in the Panhandle of Florida specificity Destin, Fort Walton Beach,30A. As a top agent and the visionary behind The Domenech Group, Paul is known for delivering exceptional service and innovative strategies in real estate. His commitment to excellence ensures clients experience seamless and rewarding real estate transactions.

Beyond his professional success, Paul is an Ironman

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Source: Emerald Coast Association of REALTORS®

MLS Number: 998463

Emerald Coast Association of REALTORS®
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