NOT LISTED FOR SALE

950 Highway 98 E Unit 6122 Destin, FL 32541

Estimated Value: $2,183,000 - $2,333,861

3 Beds
3.5 Baths
3,800 Sq Ft
261,360 Sq Ft Lot

Last Sold January 05, 2018

Last sale price $1,485,000 $391 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $14,995/month

35 Days on Market

Highlights

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

About This Home

As of January 2018

PENTHOUSE residence in exclusive rental restricted development. Enjoy a coveted location on the ''world's most beautiful beaches''. Stunning 12th floor condo spans across 60ft. of gulf front and features over 4,000 sq. ft. of indoor and outdoor living space. Cleverly redesigned and ideal for both second homes and full time residents. You will appreciate the solid construction and attention to detail in this home: wood and stone flooring, solid wood trim and moldings, soaring ceilings and walls of windows. Thoughtfully styled with classic design and luxurious touches. Presented fully furnished, with accessories and custom linens included. Well-appointed Master Suite boasts panoramic gulf views, fireplace, custom built in cabinetry and large walk-in closets. The additional

bedrooms are large and have great gulf views, private balconies and en-suite baths. Chef's kitchen is outfitted with quality appliances and impressive woodwork. Wide plank wood floors and beamed ceilings create intimacy in the living and dining areas. 11 foot ceilings and walls of windows provide forever views of the gulf of Mexico. This penthouse unit also offers covered parking spaces, private foyer, hurricane shutters and a climate controlled storage area. Regency Towers is a gated community with 2 towers. Each tower has only 24 units and only 2 residences per floor. Resort amenities: fitness center, locker rooms, saunas, lake front basketball court, shuffle board, clubhouse, pools, game room and tennis court. Full-time staff is onsite and eager to assist the owners. Chairs and umbrellas are setup daily for the exclusive use of the owners and their guests and the large private beach is monitored to ensure your quiet enjoyment.

Last Agent to Sell the Property

karrie rose

Keller Williams Realty Destin License #3045417 Listed on: 10/12/2017

Keller Williams Realty Destin

Last Buyer's Agent

Lane Warren

Keller Williams Success Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • Lake Front
  • Property fronts gulf or ocean

HOA Fees

  • $1,115 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • Deeded Parking

Property Views

  • Bay
  • Gulf
  • Harbor
  • Lake

Home Design

  • Newly Painted Property
  • Flat Roof Shape
  • Flat Roof with Façade front
  • Concrete Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • Wet Bar
  • Furnished
  • Built-in Bookshelves
  • Shelving
  • Woodwork
  • Crown Molding
  • Paneling
  • Beamed Ceilings
  • Vaulted Ceiling
  • Recessed Lighting
  • Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Hollywood Bathroom
  • Window or Skylight in Bathroom

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
  • Cable TV Available

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 00-2S-22-217G-0000-6122

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, land recreation, legal, management, recreational faclty, repairs/maintenance, security, sewer, water, cable TV, trash
  • 24 Buildings
  • 24 Units
  • Regency Towers Subdivision
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Game Room
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Tennis Courts

Security

  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

6 Acres

HOA Fees

$1,115 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: REGENCY TOWERS
  • Directions: SOUTH OF HWY 98 ACROSS FROM BEACH ZONE NEAR MELLOW MUSHROOM. TURN INTO DUNES OF DESTIN ENTRY FOLLOW TO REGENCY TOWERS ON THE BEACH. YOU WILL SEE THE GUARD GATE
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 12
  • Year Built: 1983
  • Remarks Misc:Remarks: PENTHOUSE residence in exclusive rental restricted development. Enjoy a coveted location on the ''world's most beautiful beaches''. Stunning 12th floor condo spans across 60ft. of gulf front and features over 4,000 sq. ft. of indoor and outdoor living space. Cleverly redesigned and ideal for both second homes and full time residents. You will appreciate the solid construction and attention to detail in this home: wood and stone flooring, solid wood trim and moldings, soaring ceilings and walls of windows. Thoughtfully styled with classic design and luxurious touches. Presented fully furnished, with accessories and custom linens included. Well-appointed Master Suite boasts panoramic gulf views, fireplace, custom built in cabinetry and large walk-in closets.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Harbor2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterview:Bay2: Yes
  • Rooms:Foyer: Yes
  • Rooms:Dining Area: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None
  • Stories: 12

Interior Features

  • Number Of Buildings: 24
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Double, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Wine Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace 2+, Floor Hardwood, Floor Marble, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Pantry, Shelving, Split Bedroom, Walls Paneled, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Stained
  • Stories: 12
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Mstr BdrmMstr Bath:MBath Hollywood: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Shelving: Yes
  • Appliances:Oven Double: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Floor Marble: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Fireplace 2: Yes
  • Interior:Woodwork Stained: Yes
  • Interior:Walls Paneled: Yes
  • Mstr BdrmMstr Bath:MBath Skylight: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Harbor, Gulf, Bay
  • Waterfront Features: Gulf, Lake
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Flat
  • Exterior Features: Balcony, Deck Covered, Deck Open, Hurricane Shutters
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Hurricane Shutters: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Deeded, Guest, Other
  • Parking Features:Other3: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Deeded: Yes

Utilities

  • Cooling: 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, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Game Room, Gated Community, No Rental, Sauna/Steam Room, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 3345.87
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Land Recreation, Legal, Management, Recreational Faclty, Repairs/Maintenance, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-217G-0000-6122
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2017
Closed on
Jan 8, 2018
Sold by
Kelley Greg and Kelley Vicky
Bought by
Scott And Trevana George House Trust and George
Seller's Agent
karrie rose
Keller Williams Realty Destin
Buyer's Agent
Lane Warren
Keller Williams Success Realty
List Price
$1,485,000
Sold Price
$1,485,000
Current Estimated Value
$2,269,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$784,287
Avg. Annual Appreciation
5.31%

Purchase Details

Listed on
Oct 12, 2017
Closed on
Jan 5, 2018
Sold by
Kelley Greg and Kelley Vicky
Bought by
George Phillip Scott and George Trevana G
Seller's Agent
karrie rose
Keller Williams Realty Destin
Buyer's Agent
Lane Warren
Keller Williams Success Realty
List Price
$1,485,000
Sold Price
$1,485,000

Purchase Details

Closed on
Dec 18, 2013
Sold by
Cox Flint and Cox Kay
Bought by
Kelley Greg and Kelley Vicky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2005
Sold by
Berridge Jack A
Bought by
Cox Flint and Cox Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
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

Date Buyer Sale Price Title Company
Scott And Trevana George House Trust $1,485,000 None Listed On Document
George Phillip Scott $1,485,000 Attorney
Kelley Greg $1,200,000 Attorney
Cox Flint $1,700,000 Acquire Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelley Greg $960,000
Previous Owner Cox Flint $1,275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2018 01/05/18 Sold $1,485,000 0.0% $391 / Sq Ft
11/16/2017 11/16/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $1,485,000 -- $391 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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 $24,871 $2,100,000 -- $2,100,000
2024 $20,504 $2,100,000 -- $2,100,000
2023 $20,504 $2,100,000 $0 $2,100,000
2022 $16,500 $1,490,000 $0 $1,490,000
2021 $14,281 $1,150,000 $0 $1,150,000
2020 $13,138 $1,050,000 $0 $1,050,000
2019 $13,319 $1,050,000 $0 $1,050,000
2018 $13,483 $1,050,000 $0 $0
2017 $13,723 $1,050,000 $0 $0
2016 $13,093 $1,008,000 $0 $0
2015 $13,354 $1,008,000 $0 $0
2014 $12,941 $965,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 784789

Emerald Coast Association of REALTORS®

APN: 00-2S-22-217G-0000-6122

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