Seller's Agent in 2022
Robert Augustine
Corcoran Reverie SRB
(850) 226-3727
13 in this area
109 Total Sales
950 Highway 98 E Unit 7101 Destin, FL 32541
Estimated Value: $1,737,000 - $2,348,675
3
Beds
3.5
Baths
3,648
Sq Ft
261,360
Sq Ft Lot
Highlights
- Beach
- Property fronts gulf or ocean
- Intracoastal View
- Destin Elementary School Rated A-
- Deeded access to the beach
- Fishing
About This Home
As of September 2022When it comes to ultra-luxe Gulf front living, the allure and stature of Regency Towers remains unrivaled. Reigning over half of the tenth floor, penthouse residence 7101 encompasses three bedrooms and over 3,600 square feet of living space. Upon initial entry, the grand vestibule leads the way to the welcoming foyer showcasing 10' ceilings and marble flooring.
The expansive main living and dining areas offer sweeping 180-degree views of the turquoise hued waters effectively blurring the line between indoors and out. The living area features a wood burning fireplace and wet-bar while also providing direct access to the balcony which is the perfect place to admire the new palate of mesmerizing hues emitted by the renowned Emerald Coast sunsets each and every night. Flooded with natural light, the two junior suites enjoy beautiful gulf views paired with oversized ensuites and walk-in wardrobes. Synonymous with relaxation, the bright and airy main suite is a true oasis boasting floor to ceiling windows, a nook for a desk area, balcony access, and dual walk-in wardrobes. The sumptuous ensuite is currently configured with a spa-like tub, bidet, and walk-in shower.
The intimate non-rental low-density community of Regency Towers is tucked away behind a private gated entrance and bordered by lush vegetation sprawling nearly four acres. The sought-after complex affords residents with world-class amenities including concierge services, on-site security, covered parking, a club house, game room, fitness center, dual saunas, pool, tennis court, basketball court, shuffleboard court, private beach frontage, and a dedicated climate-controlled storage area for each residence.
The culmination of luxury and exclusiveness creates a truly intimate setting while still remaining geographically poised near all of the acclaimed dining and entertainment venues Destin has to offer.
Residence 7101 is a compelling opportunity offering the new owner the latitude to re-configure and refresh as desired. This particular residence is one of six penthouses boasting additional square footage, true gulf-front balconies, and elevated finishes. Inquire today to arrange a private viewing and start living the coastal lifestyle you deserve.
Last Agent to Sell the Property
Corcoran Reverie SRB License #3388166 Listed on: 08/17/2022
Last Buyer's Agent
Niki Noblin
Real Estate International Inc
Property Details
Home Type
- Condominium
Year Built
- Built in 1983
Lot Details
- Property fronts gulf or ocean
HOA Fees
- $1,636 Monthly HOA Fees
Parking
- 1 Covered Space
Property Views
- Intracoastal
- Bay
- Gulf
- Harbor
- Lake
Home Design
- Newly Painted Property
- Exterior Columns
- Brick Exterior Construction
- Mirrored Walls
- Concrete Roof
- Concrete Siding
- Steel Siding
- Vinyl Siding
- Aluminum Trim
- Stucco
Interior Spaces
- 3,648 Sq Ft Home
- Wet Bar
- Recessed Lighting
- Fireplace
- Double Pane Windows
- Tinted Windows
- Window Treatments
- Living Room
- Breakfast Room
- Dining Area
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Cooktop with Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Marble
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Cultured Marble Bathroom Countertops
- Separate Shower in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Deeded access to the beach
- Balcony
- Covered Patio or Porch
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- No Rentals Allowed
- Assessor Parcel Number 00-2S-22-217G-0000-7101
Community Details
Overview
- Association fees include accounting, ground keeping, insurance, internet service, management, master, recreational faclty, repairs/maintenance, security, sewer, telephone, water, cable TV, trash
- 22 Buildings
- 22 Units
- Regency Towers Subdivision
- 12-Story Property
Amenities
- Picnic Area
- Community Pavilion
- Sauna
- Game Room
- Recreation Room
- Community Storage Space
- Elevator
Recreation
- Beach
- Tennis Courts
- Community Playground
- Community Pool
- Fishing
Pet Policy
- Pets Allowed
Security
- Gated Community
- Building Fire Alarm
- Storm Windows
- Storm Doors
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2022
Closed on
Sep 15, 2022
Sold by
Bridgmore Timber Llc
Bought by
Pitts Family Management Llc
Seller's Agent
Robert Augustine
Corcoran Reverie SRB
Buyer's Agent
Niki Noblin
Real Estate International Inc
List Price
$2,000,000
Sold Price
$2,251,000
Premium/Discount to List
$251,000
12.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$97,331
Avg. Annual Appreciation
-1.25%
Purchase Details
Closed on
Dec 27, 2001
Sold by
Cavanaugh Donald E and Cavanaugh Marlene
Bought by
Bridgmore Timber Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pitts Family Management Llc | $2,251,000 | -- | |
| Bridgmore Timber Llc | $920,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/15/2022 09/15/22 | Sold | $2,251,000 | +12.6% | $617 / Sq Ft |
| 09/06/2022 09/06/22 | Pending | -- | -- | -- |
| 08/17/2022 08/17/22 | For Sale | $2,000,000 | -- | $548 / 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
-
Robert Augustine
-
N
Buyer's Agent in 2022
Niki Noblin
Real Estate International Inc
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 906088
APN: 00-2S-22-217G-0000-7101
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