NOT LISTED FOR SALE

940 Highway 98 E Unit 51 Destin, FL 32541

Estimated Value: $379,000 - $466,000

2 Beds
2.5 Baths
1,191 Sq Ft
10 Acre Lot

Sale Details

Date Sold: June 11, 2021

Last sale price $359,000 $301 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,299 / mo

4 Days on Market

Highlights

  • Lake Front
  • Beach
  • Fishing
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Primary Bedroom Suite

About This Home

As of June 2021

Southbay by the Gulf, is a quaint little townhome community located on the Emerald Waters of the Gulf of Mexico. This secluded property offers such a variety of vacation homes; you will be drawn back, time after memorable time. Units feature private patios bursting with Florida wildlife, or you can fish from your private lake front balcony.

Southbay has 2 swimming pools and 2 kiddy pools; south pool heated in the winter. If it's tennis that you love, we have that too. Our grounds are made for walking so park at your front door and enjoy a stroll through the property while feeding the birds, fish and turtles.

Last Agent to Sell the Property

Joshua Kline

Emerald Coast Vacation Rentals & Sales License #3203713 Listed on: 04/15/2021

Last Buyer's Agent

Joshua Kline

Southern Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,502

Year Built

  • Built in 1976

Lot Details

  • Lake Front

HOA Fees

  • $620 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Frame Construction
  • Composition Shingle Roof
  • Wood Siding
  • Wood Trim

Interior Spaces

  • 1,191 Sq Ft Home
  • Furnished
  • Woodwork
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Utility Room
  • Lake Views

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Deck

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-22-4200-00G4-0000

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, legal, management, utilities, recreational faclty, sewer, water, 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

$2,502

Year Built

Built in 1976

Lot Details

10 Acres

HOA Fees

$620 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SOUTH BAY BY THE GULF
  • Directions: Located on Hwy 98 across from Winn-Dixie, between Sunsations and Shores Shopping Center (2 blocks west of Big Kahunas Water Park). Unit #51 is located all the way at the end of the North Entrance on t
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1976
  • Remarks Misc:Remarks: Southbay by the Gulf, is a quaint little townhome community located on the Emerald Waters of the Gulf of Mexico. This secluded property offers such a variety of vacation homes; you will be drawn back, time after memorable time. Units feature private patios bursting with Florida wildlife, or you can fish from your private lake front balcony. Southbay has 2 swimming pools and 2 kiddy pools; south pool heated in the winter. If it's tennis that you love, we have that too. Our grounds are made for walking so park at your front door and enjoy a stroll through the property while feeding the birds, fish and turtles.
  • 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
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Foyer: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Floor Tile, Floor WW Carpet, Furnished - All, Washer/Dryer Hookup, Window Treatmnt Some, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Woodwork Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Frame, Roof Composite Shngl, Wood Siding, Slab, Trim Wood
  • Exterior Features: Balcony, Deck Covered, Deck Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • ConstructionSiding:Trim Wood: Yes
  • ConstructionSiding:Siding Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Guest
  • General Property Info:Garage2: No
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Ceiling Fan(s), 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, Dumpster, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, 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, Other Utilities, Recreational Faclty, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-4200-00G4-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2502.38
  • Tax Year: 2020

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 11, 2021
Sold by
Bought by
Seller's Agent
Joshua Kline
Emerald Coast Vacation Rentals & Sales
Buyer's Agent
Joshua Kline
Southern Real Estate
List Price
$359,000
Sold Price
$359,000
Current Estimated Value
$431,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,203
Avg. Annual Appreciation
3.35%
Original Mortgage
$269,250
Interest Rate
0.0337%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
0.0415%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
0.0562%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Buyer Sale Price Title Company
$359,000 Advantage Title
$129,000 New House Title Llc
-- Attorney
$370,000 Choctaw Title Inc
$170,000 --
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 Borrower Loan Amount
Closed $269,250
Closed $96,750
Closed $333,000
Closed $50,000
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
06/11/2021 06/11/21 Sold $359,000 0.0% $301 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $359,000 -- $301 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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 $4,204 $355,000 -- $355,000
2024 $4,186 $355,000 -- $355,000
2023 $4,186 $355,000 $0 $355,000
2022 $3,796 $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 $2,274 $158,000 $0 $0
2014 $2,118 $145,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 868209

Emerald Coast Association of REALTORS®

APN: 00-2S-22-4200-00G4-0000

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