940 Highway 98 E Unit 44 Destin, FL 32541
Estimated payment $3,509/month
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.
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
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 |
|---|---|---|---|---|
| 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 |
Property History
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $239,000 | New Title Company Name | |
| Warranty Deed | $239,000 | Mead Law & Title | |
| 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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $239,000 | VA | |
| Closed | $239,000 | VA | |
| Previous Owner | $157,500 | Purchase Money Mortgage | |
| Previous Owner | $147,000 | Seller Take Back |
Source: Pensacola Association of REALTORS®
MLS Number: 681904
APN: 00-2S-22-4200-00H5-0000
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Ask me questions while you tour the home.