NOT LISTED FOR SALE

98 Cayman Cove Destin, FL 32541

Estimated Value: $1,070,000 - $1,273,578

3 Beds
3.5 Baths
2,647 Sq Ft
$449/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $624,000 $236 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,503/month

4 Days on Market

Highlights

  • Gated Community
  • Beach House
  • Corner Lot
  • Destin Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of November 2018

Discover the 'Coastal Cove'. Your beach retreat is here! Just minutes from the lovely emerald coast. In the highly sought after gated beach community of Destiny. Gorgeous open floor-plan concept with soaring ceilings throughout. Sip your morning coffee straight from your 1st floor master bedroom. There's a sitting area nook sit back and take in the massive beauty of the outdoors. Double spa tub and shower master bath suite. Never rented and meticulously maintained . Located on a large corner lot with manicured tress and landscaping. Provides additional privacy from neighboring homes. Recently upgraded making for a great primary residence or rental property for the next owner. Massive two-car garage with built ins. This home is one of a kind. Come see it for yourself. The Community of Destin has fantastic amenities including a larger pool, tennis courts, gym, and just a short walk of golf cart ride to the beach. One of the best options in this area at this price point and one to go view in person if considering this area.

Last Agent to Sell the Property

ecn.rets.e25620

ecn.rets.RETS_OFFICE Listed on: 10/03/2018

Co-Listed By

John Holahan

Better Homes and Gardens Real Estate Emerald Coast License #3162351

Last Buyer's Agent

ecn.rets.e9598

ecn.rets.RETS_OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,333

Year Built

  • Built in 2003

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 61x108
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $184 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Frame Construction
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 2,647 Sq Ft Home
  • 2-Story Property
  • Loggia
  • Built-in Bookshelves
  • Shelving
  • Woodwork
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Bay Window
  • Insulated Doors
  • Great Room
  • Sitting Room
  • Dining Room
  • Storage Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • High Efficiency Heating System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Doors
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0400-0000-1660

Community Details

Overview

  • Destiny S/D Subdivision

Amenities

  • Community Barbecue Grill
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Whirlpool Spa

Security

  • Gated Community
  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,333

Year Built

Built in 2003

Lot Details

0

HOA Fees

$184 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: 61x108
  • Co List Office Mls Id: EBET
  • Co List Office Phone: 850-837-8880
  • Subdivision Name: DESTINY S/D
  • Directions: Upon entering Cayman Cove, bear to the right. The home is located on the left at the next corner. Look for the sign.
  • Architectural Style: Beach House
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 2
  • Year Built: 2003
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Energy:Heat High Efficiency: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Insulated Doors: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Storage: Yes
  • Rooms:Sitting Room: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Rooms:Great Room: Yes
  • Energy:Heat - Two or More: Yes
  • Rooms:Loggia: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Fireplace Gas, Floor Tile, Floor WW Carpet, Furnished - None, Lighting Recessed, Pantry, Shelving, Washer/Dryer Hookup, Window Bay, Window Treatmnt Some, Woodwork Painted
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Security System: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Window Bay: Yes

Exterior Features

  • Lot Features: Corner
  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Tile/Slate, Slab, Stucco
  • Exterior Features: Patio Covered, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Sprinkler System: Yes
  • Lot Features:Corner: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Exercise Room, Gated Community, Pets Allowed, Pool, Tennis, Whirlpool
  • Association #2 Fee: 553.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 00-2S-22-0400-0000-1660
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5332.93
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Nov 15, 2018
Sold by
Terrell Colon A and Terrell Brenda T
Bought by
Gray Tracy Lee and Gray Jane Patrice
Seller's Agent
ecn.rets.e25620
ecn.rets.RETS_OFFICE
Buyer's Agent
ecn.rets.e9598
ecn.rets.RETS_OFFICE
List Price
$624,000
Sold Price
$624,000
Current Estimated Value
$1,187,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,895
Avg. Annual Appreciation
9.91%
Original Mortgage
$197,000
Outstanding Balance
$172,384
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,015,511

Purchase Details

Closed on
Jan 8, 2004
Sold by
Babin Development Co
Bought by
Terrell Colon A and Terrell Brenda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gray Tracy Lee $624,000 Aqua Title Services
Terrell Colon A $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Tracy Lee $197,000
Previous Owner Terrell Colon A $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $624,000 0.0% $236 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $624,000 -- $236 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $10,747 $1,164,046 $392,708 $771,338
2023 $10,747 $1,026,365 $271,864 $754,501
2022 $9,432 $854,992 $247,149 $607,843
2021 $8,132 $654,846 $214,200 $440,646
2020 $7,615 $608,636 $204,000 $404,636
2019 $7,521 $592,891 $204,000 $388,891
2018 $5,357 $454,809 $0 $0
2017 $5,333 $445,454 $0 $0
2016 $5,190 $436,292 $0 $0
2015 $5,259 $433,259 $0 $0
2014 $5,280 $429,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 808488

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0400-0000-1660