940 Highway 98 E Unit 31 Destin, FL 32541
Estimated payment $3,683/month
Highlights
- Beach
- Fishing
- 9.86 Acre Lot
- Destin Elementary School Rated A-
- Gated Community
- Newly Painted Property
About This Home
MOTIVATED SELLERS! $5000 TOWARDS CLOSING COSTS! VA ELIGIBLE PROPERTY! This stunning three bedroom, two and half bath property boasts a successful short term rental history and offers incredible value as a primary residence, secondary home or vacation getaway! Beautifully appointed with contemporary touches, this home features an HVAC system, water heater and granite counter tops installed in 2019. Enjoy the fresh feel of LVP flooring, new baseboards and complete interior repaint in 2023! Nestled within a well established, pet friendly resort you'll have access to 12 acres of beautifully landscaped grounds and 300 feet of pristine white sandy beaches. Centrally located to shopping, restaurants, golf and entertainment! Airbnb link:
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,052
Year Built
- Built in 1974
HOA Fees
- $810 Monthly HOA Fees
Home Design
- Florida Architecture
- Property Attached
- Newly Painted Property
- Slab Foundation
- Composition Shingle Roof
- Wood Siding
- Cement Board or Planked
Interior Spaces
- 1,289 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Window Treatments
- Living Room
- Fire and Smoke Detector
Kitchen
- Electric Oven or Range
- Cooktop
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Additional Features
- Patio
- 9.86 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-4200-00C2-0000
Community Details
Overview
- Association fees include ground keeping, land recreation, licenses/permits, management, security, water, trash
- South Bay By The Gulf Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Recreation Room
Recreation
- Beach
- Tennis Courts
- Community Pool
- Fishing
Pet Policy
- Pets Allowed
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,904 | $375,000 | -- | $375,000 |
| 2023 | $3,904 | $375,000 | $0 | $375,000 |
| 2022 | $3,133 | $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 | $2,183 | $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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | Price Changed | $480,000 | -5.0% | $372 / Sq Ft |
| 03/11/2025 03/11/25 | Price Changed | $505,000 | -0.8% | $392 / Sq Ft |
| 02/27/2025 02/27/25 | Price Changed | $509,000 | -1.2% | $395 / Sq Ft |
| 10/06/2024 10/06/24 | Price Changed | $515,000 | -2.6% | $400 / Sq Ft |
| 09/12/2024 09/12/24 | Price Changed | $529,000 | -2.0% | $410 / Sq Ft |
| 08/30/2024 08/30/24 | Price Changed | $540,000 | -0.5% | $419 / Sq Ft |
| 08/22/2024 08/22/24 | Price Changed | $542,500 | -0.5% | $421 / Sq Ft |
| 07/30/2024 07/30/24 | For Sale | $545,000 | -- | $423 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $422,000 | Attorney | |
| Warranty Deed | $150,000 | Mcgeill Escrow & Title | |
| Warranty Deed | $205,000 | Northwest Fl Title Svcs Llc | |
| Warranty Deed | $135,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $358,700 | New Conventional | |
| Previous Owner | $120,000 | Adjustable Rate Mortgage/ARM |
Source: Emerald Coast Association of REALTORS®
MLS Number: 955817
APN: 00-2S-22-4200-00C2-0000
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