NOT LISTED FOR SALE

950 Highway 98 E Unit 7111 Destin, FL 32541

Estimated Value: $1,874,000 - $2,374,351

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

Last Sold October 12, 2023

Last sale price $2,350,000 $618 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $15,078/month

78 Days on Market

Highlights

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

About This Home

As of October 2023

Spectacular 11th floor condominium offering breathtaking Gulf views in the ultra-private Regency Towers. Luxurious coastal living awaits in this completely renovated high end Gulf front condominium featuring floor to ceiling windows, three bedrooms, three & half baths and 3800 sq. ft. of living space adorned with high end furnishings and a extra Gulf side bunk room/office. 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. Property being sold fully furnished Buyer to verify all information.

Last Agent to Sell the Property

John Moran

Keller Williams Realty Destin Listed on: 08/15/2023

Keller Williams Realty Destin

Last Buyer's Agent

Cameron Strayhan

ecn.unknownoffice

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,800

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $1,705 Monthly HOA Fees

Parking

  • 1 Covered Space

Home Design

  • Concrete Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • Wet Bar
  • Furnished
  • Recessed Lighting
  • Fireplace
  • Entrance Foyer
  • Dining Room
  • Tile Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Air
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 00-2S-22-217G-0000-7111

Community Details

Overview

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

Amenities

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

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Community Whirlpool Spa

Security

  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,800

Year Built

Built in 1983 | Remodeled

Lot Details

6 Acres

HOA Fees

$1,705 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: No
  • New Construction: No
  • Year Built: 1983
  • Remarks Misc:Remarks: Spectacular 11th floor condominium offering breathtaking Gulf views in the ultra-private Regency Towers. Luxurious coastal living awaits in this completely renovated high end Gulf front condominium featuring floor to ceiling windows, three bedrooms, three & half baths and 3800 sq. ft. of living space adorned with high end furnishings and a extra Gulf side bunk room/office. 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. Property being sold fully furnished Buyer to verify all information.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Foyer: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 22
  • Appliances: Dryer, Ice Machine, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Elevator, Fireplace, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Stories: 12
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances:Ice Machine: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony, Hurricane Shutters, Patio Covered, Renovated
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Hurricane Shutters: Yes

Garage/Parking

  • Covered Parking Spaces: 1.0
  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Phone, 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, Pavillion/Gazebo, Pool, Sauna/Steam Room, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 5115.17
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-217G-0000-7111
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 22

Tax Info

  • Tax Annual Amount: 19799.59
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Oct 12, 2023
Sold by
Alex Francis Llc
Bought by
Cruisers Rv Parks Llc
Seller's Agent
John Moran
Keller Williams Realty Destin
Buyer's Agent
Cameron Strayhan
ecn.unknownoffice
List Price
$2,500,000
Sold Price
$2,350,000
Premium/Discount to List
-$150,000
-6%
Views
20
Current Estimated Value
$2,171,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$178,162
Avg. Annual Appreciation
-3.19%

Purchase Details

Closed on
Mar 11, 2020
Sold by
Accardi Larry and Accardi Kathy
Bought by
Alex Francis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2004
Sold by
Taylor James A and Taylor Martha W
Bought by
Accardi Larry and Accardi Kathy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cruisers Rv Parks Llc $2,350,000 Shoreline Title
Alex Francis Llc $1,890,000 Shoreline Title Llc
Accardi Larry $1,275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alex Francis Llc $1,450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2023 10/12/23 Sold $2,350,000 -6.0% $618 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $2,500,000 0.0% $658 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/04/2023 07/04/23 For Sale $2,500,000 -- $658 / 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 $22,304 $2,100,000 -- $2,100,000
2023 $22,304 $2,100,000 $0 $2,100,000
2022 $19,800 $1,788,000 $0 $1,788,000
2021 $17,137 $1,380,000 $0 $1,380,000
2020 $12,843 $1,064,434 $0 $0
2019 $12,719 $1,050,000 $0 $0
2018 $12,629 $1,021,101 $0 $0
2017 $12,582 $1,000,099 $0 $0
2016 $12,247 $979,529 $0 $0
2015 $12,406 $972,720 $0 $0
2014 $12,457 $965,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    John Moran

    Keller Williams Realty Destin

    (850) 654-3325

    118 in this area

    544 Total Sales

    John Moran
    Section Image

  • C

    Buyer's Agent in 2023

    Cameron Strayhan

    ecn.unknownoffice

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 926911

Emerald Coast Association of REALTORS®

APN: 00-2S-22-217G-0000-7111

Florida Okaloosa County Destin 32541

950 Highway 98 E Unit 7111, Destin, FL

Not Listed for Sale

Condos

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