NOT LISTED FOR SALE

940 Highway 98 E Unit 39 Destin, FL 32541

Estimated Value: $308,270 - $454,000

2 Beds
1.5 Baths
1,050 Sq Ft
$620/mo HOA Fee

Last Sold September 29, 2020

Last sale price $250,000 $238 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,838/month

Highlights

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

About This Home

As of September 2020

UNDER CONTRACT, SELLER ACCEPTING BACK UP OFFERS
This beautiful, renovated condo at South Bay is located south of 98, has assigned parking at the front door, is located close the pool and is a quick walk to the beautiful beach! This stunner boasts 2 spacious bedrooms, 1.5 renovated bathrooms and a washer/dryer. Similar condos gross $35K+ annually! Updates include: wood laminate and tile flooring, carpet upstairs less than 1 year old, new front storm door, newer hurricane rated windows throughout, renovated bathrooms including a large walk-in shower in the master! Enjoy the many resort style amenities of South Bay: 2 pools, 2 kiddie pools, 5 acre fresh water lake, lighted tennis courts, shuffle board courts, beach side volley ball, BBQ grilling area and lush grounds made for walking and enjoying the Florida wildlife!

Last Agent to Sell the Property

John Moran

Keller Williams Realty Destin Listed on: 09/11/2020

Keller Williams Realty Destin

Last Buyer's Agent

Shannyn Stevenson

Newman Dailey Resort Properties License #691585

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,522

Year Built

  • Built in 1975

Lot Details

  • 10

HOA Fees

  • $620 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Newly Painted Property
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • Furnished
  • Recessed Lighting
  • Plantation Shutters
  • Dining Room
  • Vinyl Flooring

Kitchen

  • Breakfast Bar
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deeded access to the beach
  • Open Patio
  • Gazebo
  • Built-In Barbecue

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-4200-00E4-0000

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, legal, licenses/permits, management, master, cable TV, trash
  • South Bay By The Gulf Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,522

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: 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: N/A
  • 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:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Vinyl, Furnished - All, Lighting Recessed, Newly Painted, Owner's Closet, Plantation Shutters, Window Treatment All
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Plantation Shutters: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Roof Composite Shngl, Wood Siding
  • Exterior Features: BBQ Pit/Grill, Patio Open, Pavillion/Gazebo, Tennis Court
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:PavillionGazebo: Yes
  • Exterior:Tennis Court: Yes
  • ConstructionSiding:Siding Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Guest
  • Parking Features:Guest: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Deed Access, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
  • Association #2 Fee: 620.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Legal, Licenses/Permits, Management, Master Association, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-4200-00E4-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1522.14
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Sep 29, 2020
Sold by
Sosbee Leonard
Bought by
Bridgers Jack D and Bridgers Donna K
Seller's Agent
John Moran
Keller Williams Realty Destin
Buyer's Agent
Shannyn Stevenson
Newman Dailey Resort Properties
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$372,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,068
Avg. Annual Appreciation
8.18%

Purchase Details

Closed on
May 31, 2002
Sold by
Norris Donald H
Bought by
Sosbee Leonard
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
Bridgers Jack D $250,000 Aqua Title Services
Sosbee Leonard $86,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2020 09/29/20 Sold $250,000 0.0% $238 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $250,000 -- $238 / 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 $3,017 $265,000 -- $265,000
2023 $3,017 $265,000 $0 $265,000
2022 $2,679 $225,000 $0 $225,000
2021 $2,484 $200,000 $0 $200,000
2020 $1,851 $165,000 $0 $165,000
2019 $1,522 $120,000 $0 $120,000
2018 $1,477 $115,000 $0 $0
2017 $1,490 $114,000 $0 $0
2016 $1,481 $114,000 $0 $0
2015 $1,703 $114,000 $0 $0
2014 $1,665 $114,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 847315

Emerald Coast Association of REALTORS®

APN: 00-2S-22-4200-00E4-0000