NOT LISTED FOR SALE

950 Highway 98 E Unit 7071 Destin, FL 32541

Estimated Value: $2,002,000 - $2,491,000

3 Beds
3.5 Baths
3,648 Sq Ft
261,360 Sq Ft Lot

Last Sold March 15, 2022

Last sale price $2,350,000 $644 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $15,219/month

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Fishing
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Primary Bedroom Suite

About This Home

As of March 2022

Completely renovated luxury Gulf front condominium in the ultra-private Regency Towers. Behind the gates you will find 44 Gulf front, non-rental condominiums with sweeping views, private deeded beach, Clubhouse, tennis, pool, fitness center, sauna, and onsite Security & HOA Office. This 7th floor unit with floor to ceiling windows provide breathtaking views of the Gulf from every room! No expense was sparred with the renovation and rebuilding adding new flooring, kitchen & bath cabinetry, countertops, recessed lighting, reconfigured floorplan, wet bar with ice maker & beverage refrigerator, enlarged master closet, expanded laundry room, modern tile in all the bathrooms and outstanding light fixtures. All new appliances along with new HVAC systems. Two units per floor with a shared lobby along with extra storage enclosures for each unit. This unit has three bedrooms, one with an extra Bunk area all with private ensuites, a half bath off the hall and oversized Gulf front balcony. Square footage per County PA Records.

Last Agent to Sell the Property

Allen Adams

850 Properties - Santa Rosa Beach Listed on: 02/02/2022

Last Buyer's Agent

Lisa Neal

Berkshire Hathaway HomeServices License #no data

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,637

Year Built

  • Built in 1985 | Under Construction

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $1,304 Monthly HOA Fees

Property Views

  • Gulf
  • Harbor
  • Lake

Home Design

  • Newly Painted Property

Interior Spaces

  • 3,648 Sq Ft Home
  • Wet Bar
  • Woodwork
  • Vaulted Ceiling
  • Recessed Lighting
  • Living Room
  • Dining Room

Kitchen

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

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Carport
  • Deeded Parking

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Multiple cooling system units
  • Cable TV Available

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 00-2S-22-217G-0000-7071

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, management, recreational faclty, security, sewer, water, cable TV, trash
  • 44 Buildings
  • 44 Units
  • Regency Towers Subdivision
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Sauna
  • Game Room
  • Recreation Room
  • Community Storage Space
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,637

Year Built

Built in 1985 | Under Construction

Lot Details

6 Acres

HOA Fees

$1,304 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: REGENCY TOWERS
  • Directions: From HWY 98 in Destin, turn south on Sandprint Drive and follow around lake. Regency Towers are the 2 large white towers, gated community on left.
  • Architectural Style: N/A
  • Carport Y N: Yes
  • New Construction: No
  • Year Built: 1985
  • Remarks Misc:Remarks: Completely renovated luxury Gulf front condominium in the ultra-private Regency Towers. Behind the gates you will find 44 Gulf front, non-rental condominiums with sweeping views, private deeded beach, Clubhouse, tennis, pool, fitness center, sauna, and onsite Security & HOA Office. This 7th floor unit with floor to ceiling windows provide breathtaking views of the Gulf from every room! No expense was sparred with the renovation and rebuilding adding new flooring, kitchen & bath cabinetry, countertops, recessed lighting, reconfigured floorplan, wet bar with ice maker & beverage refrigerator, enlarged master closet, expanded laundry room, modern tile in all the bathrooms and outstanding light fixtures. All new appliances along with new HVAC systems. Two units per floor with a shared lobby
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Harbor2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterfront:Unit Waterfront: Yes
  • Energy:AC - 2 or More: Yes
  • Waterview:Lake2: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 44
  • Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Wine Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Elevator, Floor Hardwood, Floor Tile, Furnished - None, Kitchen Island, Lighting Recessed, Newly Painted, Pantry, Renovated, Wet Bar, Window Treatmnt None, Woodwork Painted
  • Stories: 12
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Wine Refrigerator: Yes
  • Appliances:Oven Double: Yes
  • Interior:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Harbor, Gulf
  • Waterfront Features: Unit Waterfront, Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Property Condition: Under Construction
  • Exterior:Balcony: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Parking Features: Covered, Deeded
  • General Property Info:Garage2: No
  • Parking Features:Covered: Yes
  • Parking Features:Deeded: Yes

Utilities

  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Elevators, Exercise Room, Fishing, Game Room, Gated Community, No Rental, Pets Allowed, Picnic Area, Pool, Sauna/Steam Room, Separate Storage, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 3912.38
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Management, Recreational Faclty, 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-0000-7071
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 44

Tax Info

  • Tax Annual Amount: 12637.02
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 15, 2022
Sold by
Allen Morris Chad and Allen Paula D
Bought by
Mckay Henry Earl and Mckay Sara Lynn
Seller's Agent
Allen Adams
850 Properties - Santa Rosa Beach
Buyer's Agent
Lisa Neal
Berkshire Hathaway HomeServices
List Price
$2,350,000
Sold Price
$2,350,000
Current Estimated Value
$2,275,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,074
Avg. Annual Appreciation
-0.80%

Purchase Details

Listed on
Aug 6, 2020
Closed on
Jul 30, 2020
Sold by
Roberts John K
Bought by
Morris Chad Allen and Morris Paula D
Seller's Agent
Robert Augustine
Corcoran Reverie SRB
Buyer's Agent
Allen Adams
850 Properties - Santa Rosa Beach
List Price
$1,225,000
Sold Price
$1,225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.88%
Original Mortgage
$980,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Mckay Henry Earl $2,350,000 Rushing Law Firm Pllc
Morris Chad Allen $1,225,000 Setco Services Llc
Morris Chad Allen $1,225,000 Kane Kimberly
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Chad Allen $980,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2022 03/15/22 Sold $2,350,000 0.0% $644 / Sq Ft
02/02/2022 02/02/22 For Sale $2,350,000 +91.8% $644 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
08/06/2020 08/06/20 Sold $1,225,000 0.0% $336 / Sq Ft View Prior Sale
08/06/2020 08/06/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $1,225,000 -- $336 / 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 $21,981 $2,100,000 -- $2,100,000
2023 $21,981 $1,840,000 $0 $1,840,000
2022 $15,865 $1,440,000 $0 $1,440,000
2021 $13,660 $1,100,000 $0 $1,100,000
2020 $12,637 $1,010,000 $0 $1,010,000
2019 $12,811 $1,010,000 $0 $1,010,000
2018 $12,893 $1,010,000 $0 $0
2017 $12,535 $1,010,000 $0 $0
2016 $10,716 $825,000 $0 $0
2015 $10,929 $825,000 $0 $0
2014 $10,595 $790,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Allen Adams

    850 Properties - Santa Rosa Beach

    (850) 855-6140

    4 in this area

    99 Total Sales

    Allen Adams
    Section Image

  • L

    Buyer's Agent in 2022

    Lisa Neal

    Berkshire Hathaway HomeServices

    (850) 598-1655

    5 in this area

    38 Total Sales

    Lisa Neal
    Section Image

  • T

    Buyer's Agent in 2022

    The Neals

    Berkshire Hathaway HomeServices

  • Robert Augustine

    Seller's Agent in 2020

    Robert Augustine

    Corcoran Reverie SRB

    (850) 226-3727

    13 in this area

    109 Total Sales

    Robert Augustine
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 889827

Emerald Coast Association of REALTORS®

APN: 00-2S-22-217G-0000-7071

Florida Okaloosa County Destin 32541

950 Highway 98 E Unit 7071, Destin, FL

Not Listed for Sale

Condos

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