NOT LISTED FOR SALE

950 Highway 98 E Unit 7072 Destin, FL 32541

Estimated Value: $1,424,000 - $2,283,776

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

Last Sold March 15, 2013

Last sale price $750,000 $197 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $11,576/month

112 Days on Market

Highlights

  • Beach Front
  • Beach
  • Gated Community
  • Destin Elementary School Rated A-
  • Gulf View
  • Vaulted Ceiling

About This Home

As of March 2013

BEST PRICED UNIT IN REGENCY TOWERS WEST AND THE ONLY UNIT AVAILABLE IN THE WEST TOWER! Welcome to Regency Towers, a prestigious Gulf front non-rental condominium with only 44 private residencies. Unit 7072 is an extremely spacious 3,800 sq. ft., 3-bedroom, 3.5-bath corner unit with an open floor plan, 10' high ceilings, incredible views of the Gulf of Mexico, and a large private balcony (290 ft.). Be impressed the second you step in the door. The entry way, hallway, dining & living area features beautiful custom marble floors. Capture breathtaking views of the Gulf from the floor to ceiling windows throughout that maximize the views. Kitchen features tile floors, ice machine, and freshly painted cabinets. There is also a large pantry combined with the laundry room, and an additional wet bar. The king master bedroom is very spacious with custom marble floors and is surrounded by large windows and spectacular views of the lake and Gulf of Mexico. Master bedroom also has direct balcony access, two walk-in closets, and private bath with tile floor, double vanity, jetted garden tub, and separate walk-in shower. Both guest rooms are spacious and feature high ceilings, floor to ceiling windows, lake views, walk-in closets, and private bathrooms. The carpet was recently replaced in the guest bedrooms and the walls were repainted (originally wallpaper). Because the units are 3,800 square feet, there are only two units per floor. The elevator opens up to a private entryway for units 7072 & 7071. There is a storage room directly outside each unit for daily trash pickup (by HOA) and additional room that is perfect for beach essentials. In addition to this is a storage cage on the ground floor. Regency Towers amenities include gated entry, 24 hr security, 333 ft. of beachfront for owners only, pool w/ Gulf views, kiddie pool, Clubhouse with granite & stainless steel kitchen, basketball court, shuffle board, fitness room, sauna, and game room with pool & ping pong. Do not miss out on this incredible opportunity for a luxurious Gulf front condo.

Last Agent to Sell the Property

Nathan Abbott Team

ResortQuest Real Estate License #BK708425 Listed on: 11/11/2012

Last Buyer's Agent

Zack Nesius

Nesius Realty License #3159156

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • Beach Front
  • Property fronts gulf or ocean

HOA Fees

  • $1,110 Monthly HOA Fees

Home Design

  • Concrete Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 3,800 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Gulf Views
  • Exterior Washer Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Home Security

Parking

  • 1 Covered Space
  • Guest Parking

Outdoor Features

  • Covered Deck

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 00-2S-22-217G-0000-7072

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, management, recreational faclty, security, sewer, water, cable TV, trash
  • Regency Towers Condo Subdivision

Amenities

  • Sauna
  • Game Room
  • Recreation Room
  • Elevator
  • Community Storage Space

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

6 Acres

HOA Fees

$1,110 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: REGENCY TOWERS CONDO
  • Directions: Traveling east on Hwy 98, turn right (south) on Sandprint Dr., between Mellow Mushroom and Pelican Beach Resort. Keep left around lake, Regency Towers gate house will be on left. Unit is located in th
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1983
  • Remarks Misc:Remarks: BEST PRICED UNIT IN REGENCY TOWERS WEST AND THE ONLY UNIT AVAILABLE IN THE WEST TOWER! Welcome to Regency Towers, a prestigious Gulf front non-rental condominium with only 44 private residencies. Unit 7072 is an extremely spacious 3,800 sq. ft., 3-bedroom, 3.5-bath corner unit with an open floor plan, 10' high ceilings, incredible views of the Gulf of Mexico, and a large private balcony (290 ft.). Be impressed the second you step in the door. The entry way, hallway, dining & living area features beautiful custom marble floors. Capture breathtaking views of the Gulf from the floor to ceiling windows throughout that maximize the views. Kitchen features tile floors, ice machine, and freshly painted cabinets. There is also a large pantry combined with the laundry room, and an additional wet
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Waterfront:Unit Waterfront: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Heat - Two or More: Yes
  • Waterfront:Shore - Beach: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Trash Compactor
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Raised, Floor Marble, Floor Tile, Floor WW Carpet New, Furnished - None, Pantry, Split Bedroom, Washer/Dryer Hookup, Window Treatmnt Some
  • Stories: 12
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Trash Compactor: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Oven Double: Yes
  • Interior:Floor Marble: Yes
  • Interior:Floor WW Carpet New: Yes

Exterior Features

  • View: Gulf
  • Waterfront Features: Unit Waterfront, Gulf, Shore - Beach
  • Waterfront: Yes
  • Construction Type: Concrete, Steel, Stucco
  • Exterior Features: Deck Enclosed
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Deck Enclosed: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Parking Features: Guest
  • 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: Beach, Community Room, Elevators, Exercise Room, Game Room, Gated Community, No Rental, Pool, Sauna/Steam Room, Separate Storage, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 3330.13
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, 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-0000-7072
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2012
Closed on
Mar 15, 2013
Sold by
Adams Joanna S
Bought by
Matricardi Sherry K and Matricardi Merrick M
Seller's Agent
Nathan Abbott Team
ResortQuest Real Estate
Buyer's Agent
Zack Nesius
Nesius Realty
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$1,854,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,104,194
Avg. Annual Appreciation
7.20%
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
Matricardi Sherry K $750,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2013 03/15/13 Sold $750,000 0.0% $197 / Sq Ft
03/03/2013 03/03/13 Pending -- -- --
11/11/2012 11/11/12 For Sale $750,000 -- $197 / 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 $9,815 $867,772 -- --
2024 $9,321 $843,316 -- --
2023 $9,321 $818,753 $0 $0
2022 $9,116 $794,906 $0 $0
2021 $9,111 $771,753 $0 $0
2020 $9,048 $761,098 $0 $0
2019 $8,958 $872,500 $0 $0
2018 $8,892 $730,114 $0 $0
2017 $8,857 $715,097 $0 $0
2016 $8,621 $700,389 $0 $0
2015 $8,734 $695,520 $0 $0
2014 $8,769 $690,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 586459

Emerald Coast Association of REALTORS®

APN: 00-2S-22-217G-0000-7072

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