$439,000

940 Highway 98 E Unit 44 Destin, FL 32541

Destin Area

Estimated payment $3,592/month

Total Views 8,532
2 Beds
2.5 Baths
1,191 Sq Ft
$369 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Lake Front
  • In Ground Pool
  • Destin Elementary School Rated A-
  • Beach
  • Contemporary Architecture

About This Home

Welcome to this beautifully positioned 2-bedroom, 2.5-bath waterfront townhome in the highly desirable South Bay by the Gulf community. Offering 1,191 sq ft of refined coastal living, this fully furnished, two-story residence features a light-filled open living space, well-appointed kitchen, and two private balconies overlooking serene lake views. Enjoy a resort-style lifestyle with private beach access, swimming pools, tennis courts, and beautifully maintained grounds—all just a few steps away from the sugar-white sands of the Emerald Coast. An exceptional opportunity as a primary residence, second home, or investment property.

Listing Agent

Penelope Bradley

EXP Realty, LLC Listed on: 05/01/2026

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • Lake Front

HOA Fees

  • $860 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 1,191 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring
  • Lake Views

Kitchen

  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Deeded Waterfront Access Rights
  • Balcony
  • Built-In Barbecue

Schools

  • Local School In County Elementary And Middle School
  • Local School In County High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 002S22420000H50000

Community Details

Overview

  • Association fees include ground maintenance, management, recreation facility
  • Southbay Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

HOA Fees

$860 per month

Listing Details

  • Stories: 2
  • Parcel Number: 002S22420000H50000
  • Property Type: Residential
  • Year Built: 1974
  • Electric: Copper Wiring
  • Property Sub Type: Condo
  • Horses: No
  • Subdivision Name: Southbay
  • Directions: From Destin–Fort Walton Beach Airport, head east on Highway 98 (Emerald Coast Pkwy) for approximately 4 miles. Turn right into South Bay by the Gulf (940 Hwy 98 E). After entering the community, follow signs to Unit #44, located toward the interior waterfront/lake area.
  • Architectural Style: Contemporary
  • Building Name: South Bay By The Gulf
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1191
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Living/Dining Combo
  • Living Room Living Room Level: Second
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 11.5
  • Room Kitchen Features: Not Updated
  • Room Master Bedroom Area: 150.65

Exterior Features

  • Roof: Shingle
  • Pool Features: Fenced, In Ground
  • View: Lake, Water
  • View: Yes
  • Waterfront Features: Lake, Waterfront, Beach Access, Deed Access
  • Waterfront: Yes
  • Construction Type: Concrete, Frame
  • Exterior Features: Balcony, Barbecue, Tennis Court(s)
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: 1 Space/Unit

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Pool, Tennis Court(s), Waterfront Deed Access
  • Association Fee: 10320
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Management, Recreation Facility

Schools

  • Elementary School: Local School In County
  • High School: Local School In County
  • Middle Or Junior School: LOCAL SCHOOL IN COUNTY

Lot Info

  • Zoning Description: Res Multi

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 $3,850 $355,000 $355,000
2024 $3,549 $355,000 $355,000
2023 $3,549 $355,000 $0 $355,000
2022 $3,217 $315,000 $0 $315,000
2021 $2,546 $205,000 $0 $205,000
2020 $2,502 $200,000 $0 $200,000
2019 $2,347 $185,000 $0 $185,000
2018 $2,311 $180,000 $0 $0
2017 $2,183 $167,000 $0 $0
2016 $2,169 $167,000 $0 $0
2015 $2,286 $158,000 $0 $0
2014 $2,118 $145,000 $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
05/01/2026 05/01/26 For Sale $439,000 +83.7% $369 / Sq Ft
03/19/2018 03/19/18 Sold $239,000 0.0% $201 / Sq Ft View Prior Sale
02/28/2018 02/28/18 For Sale $239,000 +13.8% $201 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
12/31/2014 12/31/14 Sold $210,000 0.0% $176 / Sq Ft View Prior Sale
12/29/2014 12/29/14 Pending -- -- --
12/29/2014 12/29/14 For Sale $210,000 -- $176 / Sq Ft
Source: Pensacola 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 $239,000 New Title Company Name
Warranty Deed $210,000 H & S Title & Escrow Inc
Warranty Deed $217,500 Southern Escrow & Title Llc
Warranty Deed $172,000 Dolphin Land Title Inc
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 $233,850 VA
Closed $239,000 VA
Previous Owner $157,500 Purchase Money Mortgage
Previous Owner $147,000 Seller Take Back
Source: Public Records

Source: Pensacola Association of REALTORS®

MLS Number: 681904

Pensacola Association of REALTORS®

APN: 00-2S-22-4200-00H5-0000

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