$196,250
SOLD DEC 14, 2015

940 Highway 98 E Unit 82 Destin, FL 32541

2 Beds
2.5 Baths
1,289 Sq Ft
$510/mo HOA Fee

Recently Sold

$152 Per Sq Ft

36 Days on Market

Highlights

  • Waterfront Community
  • Heated In Ground Pool
  • Furnished
  • Destin Elementary School Rated A-
  • Fishing
  • Tennis Courts

About This Home

As of December 2015

LAST CHANCE TO BUY A LARGE 1289 SQ FT UNIT ON SOUTHSIDE OF LAKE FOR LESS THAN $200,000. STEPS TO THE BEACH. WON'T LAST!!! THIS CONDO IS A VERY SPACIOUS 2 BEDROOM 2 1/2 BATH. AND EASY 3 BR REMODEL. COMPLETELY FURNISHED WITH UPDATED KITCHEN, NEW WINDOWS AND NEW HVAC. RENTAL INCOME EXCEEDS $22,000. FOR A LIMITED TIME, OWNER OFFERING A $3,000 REMODEL/DECORATING ALLOWANCE.POSSIBLE 1031 EXCHANGE.

Last Agent to Sell the Property

Terry Tallent

Aquatic Resort Properties Inc License #3153317 Listed on: 08/20/2015

Co-Listed By

D Bruce Blankenship

Holiday Isle Properties Inc

Last Buyer's Agent

Terry Tallent

Aquatic Resort Properties Inc License #3153317 Listed on: 08/20/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1976

HOA Fees

  • $510 Monthly HOA Fees

Home Design

  • Mirrored Walls
  • Wallpaper
  • Dimensional Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,289 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Area

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Open Patio
  • Built-In Barbecue

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-4201-0014-00N2

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, management, sewer, water, cable TV, trash
  • 8 Buildings
  • 8 Units
  • South Bay By The Gulf #2 Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Recreation Room

Recreation

  • Waterfront Community
  • Tennis Courts
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,900

Year Built

Built in 1976

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EHIP
  • Co List Office Phone: 850-837-0009
  • Subdivision Name: SOUTH BAY BY THE GULF #2
  • Directions: FROM HWY 98 E TURN SOUTH ON SANDPRINT DR(BY MELLOW MUSHROOM IN SUNSATION PLAZA). FOLLOW STREET AROUND LAKE TO SOUTHBAY SOUTH. CONDO IS ON THE RIGHT.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1976
  • 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:Dining Area: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 8
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, 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, Owner's Closet, Pantry, Wallpaper, Walls Mirrored, Washer/Dryer Hookup, Window Treatment All
  • Stories: 2
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Walls Mirrored: Yes
  • Interior:Wallpaper: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Roof Dimensional Shg, Wood Siding, Slab
  • Exterior Features: BBQ Pit/Grill, Patio Open, Pool - Heated, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Siding Wood: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Dumpster, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 510.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal, Management, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-4201-0014-00N2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 1900.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2015
Closed on
Dec 14, 2015
Sold by
Duncan Property Management Llc
Bought by
George Pradeep Luke
Seller's Agent
Terry Tallent
Aquatic Resort Properties Inc
Buyer's Agent
Terry Tallent
Aquatic Resort Properties Inc
List Price
$196,250
Sold Price
$196,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$115,767
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 12, 2011
Sold by
Holt Timothy and Holt Patty
Bought by
Duncan Property Management Llc

Purchase Details

Closed on
Feb 28, 2003
Sold by
Lawler Lane and Lawler Stephanie
Bought by
Holt Timothy and Holt Patty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,300
Interest Rate
5.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 2002
Sold by
Flemister William M and Flemister Leslie P
Bought by
Lawler Lane and Lawler Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.79%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $196,300 Mcgill Escrow & Title Llc
Warranty Deed $140,000 Touchstone Land Title Inc
Warranty Deed $163,000 --
Warranty Deed $150,000 Associated Land Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Credit Line Revolving
Previous Owner $155,000 Unknown
Previous Owner $47,500 Credit Line Revolving
Previous Owner $19,300 Credit Line Revolving
Previous Owner $146,700 No Value Available
Previous Owner $147,050 Unknown
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $615,000 +2.7% $477 / Sq Ft
02/21/2025 02/21/25 Price Changed $599,000 -0.8% $465 / Sq Ft
12/31/2024 12/31/24 For Sale $604,000 +207.8% $469 / Sq Ft
06/23/2019 06/23/19 Off Market $196,250 -- --
12/14/2015 12/14/15 Sold $196,250 0.0% $152 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $196,250 -- $152 / 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 $3,596 $365,000 -- $365,000
2023 $3,596 $350,000 $0 $350,000
2022 $3,284 $315,000 $0 $315,000
2021 $3,053 $280,000 $0 $280,000
2020 $2,440 $195,000 $0 $195,000
2019 $2,347 $185,000 $0 $185,000
2018 $2,311 $180,000 $0 $0
2017 $2,222 $170,000 $0 $0
2016 $2,143 $165,000 $0 $0
2015 $2,180 $150,000 $0 $0
2014 $2,182 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 736537

Emerald Coast Association of REALTORS®

APN: 00-2S-22-4201-0014-00N2