NOT LISTED FOR SALE

940 Highway 98 E Unit 35 Destin, FL 32541

Estimated Value: $419,532 - $472,000

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

Last Sold September 28, 2021

Last sale price $326,000 $253 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,372/month

9 Days on Market

Highlights

  • Beach
  • Fishing
  • Community Pool
  • Destin Elementary School Rated A-
  • Gated Community
  • Tennis Courts

About This Home

As of September 2021

1289 SQ FT 3 BEDROOM 2/1/2 BATH TOWNHOME IN SOUTHBAY BY THE GULF. SOUTHBAY IS A 14 LANDSCAPED ACRE FAMILY FRIENDLY CONDOMINUIM COMMUNITY OF 109 TOWNHOMES FROM HWY 98 TO THE GULF OF MEXICO. 300 ' OF PRIVATE DEEP WHITE SAND LOW DENSITY BEACH.
THIS UNIT CAN MAKE AN EXCELLENT HOME, WEEKEND GETAWAY OR SHORT TERM VACATION RENTAL PROPERTY. EXCELLENT VALUE FOR A FIXER UPPER.

PROPERTY HAS BEEN VACANT. HAS GOOD BONES . FURNISHINGS AND CARPET HAVE BEEN REMOVED. UNIT CLEANED . SOLD AS-IS. UNDER CONTRACT WITH CONTINGENCIES, BACK UP OFFERS ACCEPTED

Last Agent to Sell the Property

Terry Tallent

Aquatic Resort Properties Inc License #3153317 Listed on: 08/06/2021

Last Buyer's Agent

Simona Ghile

Century 21 AllPoints Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,272

Year Built

  • Built in 1975

Lot Details

  • 10

HOA Fees

  • $620 Monthly HOA Fees

Home Design

  • Frame Construction
  • Composition Shingle Roof
  • Cement Board or Planked

Interior Spaces

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

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Deeded Parking

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 00-2S-22-4200-00F4-0000

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room
  • Community Storage Space

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,272

Year Built

Built in 1975

Lot Details

0

HOA Fees

$620 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SOUTH BAY BY THE GULF
  • Directions: ACROSS FROM WINN DIXIE PLAZA,TURN SOUTH OFF HWY 98 INTO SOUTHBAY.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1975
  • 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
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 6
  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Interior Amenities: Floor Tile, Floor WW Carpet, Pantry, Washer/Dryer Hookup
  • Stories: 2
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor WW Carpet: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Composite Shngl, Siding CmntFbrHrdBrd, Slab
  • Exterior Features: Patio Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • ConstructionSiding:Roof Composite Shngl: 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, Dumpster, Fishing, Gated Community, Pets Allowed, Picnic Area, Pool, Separate Storage, 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, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-4200-00F4-0000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 2271.66
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 28, 2021
Sold by
Lord Geoffrey and Lord Edna
Bought by
Scott Anthony Christian
Seller's Agent
Terry Tallent
Aquatic Resort Properties Inc
Buyer's Agent
Simona Ghile
Century 21 AllPoints Realty
List Price
$326,000
Sold Price
$326,000
Current Estimated Value
$457,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,383
Avg. Annual Appreciation
9.94%
Original Mortgage
$244,500
Outstanding Balance
$225,366
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$246,392

Purchase Details

Closed on
Jul 22, 2002
Sold by
Tutless Peter J
Bought by
Lord Geoffrey and Lord Edna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.67%
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
Scott Anthony Christian $326,000 Mcgill Escrow & Title
Lord Geoffrey $139,000 Security First Title Partner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Anthony Christian $244,500
Previous Owner Lord Geoffrey $186,900
Previous Owner Lord Geoffrey $296,000
Previous Owner Lord Geoffrey $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Off Market $326,000 -- --
09/28/2021 09/28/21 Sold $326,000 0.0% $253 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $326,000 -- $253 / 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 $3,904 $375,000 -- $375,000
2023 $3,904 $375,000 $0 $375,000
2022 $3,133 $260,000 $0 $260,000
2021 $2,518 $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

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Terry Tallent

    Aquatic Resort Properties Inc

    (850) 218-1451

    45 in this area

    47 Total Sales

    Terry Tallent
    Section Image

  • S

    Buyer's Agent in 2021

    Simona Ghile

    Century 21 AllPoints Realty

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 872151

Emerald Coast Association of REALTORS®

APN: 00-2S-22-4200-00F4-0000

Florida Okaloosa County Destin 32541

940 Highway 98 E Unit 35, Destin, FL

This home is located at 940 Highway 98 E Unit 35, Destin, FL 32541 since 06 August 2021 and is currently estimated at $457,383, approximately $354 per square foot. This property was built in 1975. 940 Highway 98 E Unit 35 is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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