$445,000
$31K PRICE DROP

940 Highway 98 E Unit 32 Destin, FL 32541

Destin Area

Estimated payment $2,814/month

Total Views 15,184
3 Beds
2.5 Baths
1,289 Sq Ft
$345 Price per Sq Ft

Highlights

  • Beach
  • Deeded access to the beach
  • Community Pool
  • Destin Elementary School Rated A-
  • Primary Bedroom Suite
  • Tennis Courts

About This Home

Welcome to South Bay by the Gulf. Check out this beautifully maintained end unit townhome in the South Bay by the Gulf community in the heart of Destin, Florida. This 1,289 sq ft townhome is 3-bedroom, 2.5-bath unit offers an ideal opportunity as a full-time or second home, or short-term vacation rental. It is being sold FULLY FURNISHED. Positioned on 14 acres, this family-friendly community stretches from Highway 98 to the Gulf. Enjoy 300 feet of private, deep white sand beach along a low-density shoreline. Enjoy the many resort style amenities of South Bay including: 2 pools, 2 kiddie pools, 5 acre fresh water lake, lighted tennis/pickleball courts, shuffle board courts, beach side volley ball, BBQ grilling area and lush grounds made for walking and enjoying the Florida wildlife!

Listing Agent

Nicole Rattler

LPT Realty LLC License #3490151 Listed on: 03/12/2026

LPT Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,441

Year Built

  • Built in 1974

Interior Spaces

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

Kitchen

  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-4200-00C1-0000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include accounting, ground keeping, insurance, internet service, land recreation, legal, management, master, sewer, water, cable TV, trash
  • Southbay By The Gulf Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,441

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Subdivision Name: SOUTHBAY BY THE GULF
  • Directions: Located on the south side of HWY 98, across from Winn Dixie. Going east on HWY 98 make a right into South Bay entrance (Just past West Marine)
  • Architectural Style: Townhome
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1974
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Pool Features: Pool Type
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental - Allowed, Beach, Deed Access, Pets Allowed, Pool, Tennis, TV Cable
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 00-2S-22-4200-00C1-0000
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 4441.32
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,698 $375,000 $375,000
2023 $3,698 $375,000 $0 $375,000
2022 $2,946 $260,000 $0 $260,000
2021 $2,608 $210,000 $0 $210,000
2020 $2,272 $185,000 $0 $185,000
2019 $2,136 $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

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
05/22/2026 05/22/26 Price Changed $445,000 -6.4% $345 / Sq Ft
03/12/2026 03/12/26 For Sale $475,600 +86.5% $369 / Sq Ft
02/03/2020 02/03/20 Sold $255,000 0.0% $198 / Sq Ft View Prior Sale
01/23/2020 01/23/20 Pending -- -- --
01/19/2020 01/19/20 For Sale $255,000 +96.2% $198 / Sq Ft
04/11/2014 04/11/14 Sold $130,000 0.0% $101 / Sq Ft View Prior Sale
03/20/2014 03/20/14 Pending -- -- --
02/22/2014 02/22/14 For Sale $130,000 -- $101 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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 Type Sale Price Title Company
Warranty Deed $525,000 Mcneese Title
Warranty Deed $255,000 Attorney
Warranty Deed $130,000 Attorney
Warranty Deed $140,000 --
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 Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $112,000 Purchase Money Mortgage
Source: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 997786

Emerald Coast Association of REALTORS®

APN: 00-2S-22-4200-00C1-0000

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