940 Highway 98 E Unit 54 Destin, FL 32541
Estimated payment $3,625/month
Highlights
- Lake Front
- Beach
- Fishing
- Destin Elementary School Rated A-
- Deeded access to the beach
- Gated Community
About This Home
Welcome to your completely renovated 2 Bed, 2.5 Bath REO oasis in Destin. This turn-key unit features stunning views of the serene Lake of South Bay—perfect for a peaceful primary home or high-yield rental. The interior boasts a chic, modern makeover: LVP flooring throughout, fresh paint, and a chef-ready kitchen with elegant granite tops and brand-new stainless steel appliances. This unit was originally built in 1974 and is just under 1200sf. HOA has just installed a new dimensional shingle and continue to make updates to the exterior decking on many of these unit. A must see. Schedule your showing today!
Property Details
Home Type
- Condominium
Year Built
- Built in 1974
Lot Details
- Lake Front
HOA Fees
- $860 Monthly HOA Fees
Home Design
- Newly Painted Property
- Slab Foundation
- Composition Shingle Roof
- Cement Board or Planked
Interior Spaces
- 1,191 Sq Ft Home
- 2-Story Property
- Woodwork
- Ceiling Fan
- Window Treatments
- Living Room
- Dining Area
- Lake Views
- Exterior Washer Dryer Hookup
Kitchen
- Walk-In Pantry
- Electric Oven or Range
- Microwave
- Dishwasher
Flooring
- Painted or Stained Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Home Security
Outdoor Features
- Deeded access to the beach
- Balcony
- Patio
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-4200-00G1-0000
Community Details
Overview
- Association fees include accounting, ground keeping, insurance, internet service, legal, licenses/permits, management, security, sewer, water, cable TV, trash
- 8 Units
- South Bay By The Gulf #2 Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Community Pavilion
- Recreation Room
- Community Storage Space
Recreation
- Beach
- Tennis Courts
- Community Pool
- Fishing
Pet Policy
- Pets Allowed
Security
- Gated Community
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2026 03/05/26 | Price Changed | $449,900 | -2.2% | $378 / Sq Ft |
| 01/21/2026 01/21/26 | Price Changed | $459,900 | -2.1% | $386 / Sq Ft |
| 12/10/2025 12/10/25 | Price Changed | $470,000 | -2.1% | $395 / Sq Ft |
| 11/01/2025 11/01/25 | Price Changed | $479,900 | -2.0% | $403 / Sq Ft |
| 09/27/2025 09/27/25 | For Sale | $489,900 | -- | $411 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Certificate Of Transfer | $300,100 | -- | |
| Trustee Deed | $30,100 | None Available | |
| Warranty Deed | $379,000 | Mcneese Title Llc | |
| Warranty Deed | $359,000 | Dolphin Land Title Inc | |
| Warranty Deed | $250,000 | Dolphin Land Title Inc | |
| Warranty Deed | $169,000 | Dolphin Land Title Inc | |
| Warranty Deed | $169,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $303,200 | Purchase Money Mortgage | |
| Previous Owner | $323,100 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | Purchase Money Mortgage | |
| Previous Owner | $135,200 | No Value Available |
Source: Emerald Coast Association of REALTORS®
MLS Number: 986331
APN: 00-2S-22-4200-00G1-0000
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Ask me questions while you tour the home.