NOT LISTED FOR SALE

985 Highway 98 E Unit E Destin, FL 32541

Estimated Value: $5,902,851

Studio
-- Bath
4,593 Sq Ft
$1,285/Sq Ft Est. Value

About This Home

This home is located at 985 Highway 98 E Unit E, Destin, FL 32541 and is currently estimated at $5,902,851, approximately $1,285 per square foot. 985 Highway 98 E Unit E is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2019
Sold by
Hackmeyer Properties Of Florida
Bought by
Centercore Palms Station Llc
Current Estimated Value
$5,902,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Outstanding Balance
$2,720,906
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$3,181,945

Purchase Details

Closed on
Apr 18, 2011
Sold by
Redus Florida Commercial Llc
Bought by
Hackmeyer Properties Of Florida

Purchase Details

Closed on
Aug 17, 2010
Sold by
98 Palms Iv Ltd
Bought by
Redus Florida Commercial Llc

Purchase Details

Closed on
Feb 28, 2003
Sold by
98 Palms Ltd
Bought by
98 Palms Iv Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,536,000
Interest Rate
5.89%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Centercore Palms Station Llc $4,005,000 Attorney
Hackmeyer Properties Of Florida $1,400,000 Attorney
Redus Florida Commercial Llc $3,046,100 Attorney
98 Palms Iv Ltd $795,600 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Centercore Palms Station Llc $3,100,000
Previous Owner 98 Palms Iv Ltd $3,536,000
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
2025 $48,669 $4,109,340 $2,329,457 $1,779,883
2024 $46,220 $3,998,023 $2,239,863 $1,758,160
2023 $46,220 $4,062,017 $2,195,943 $1,866,074
2022 $45,416 $4,232,684 $2,091,375 $2,141,309
2021 $38,031 $3,062,514 $1,117,193 $1,945,321
2020 $41,517 $3,318,213 $1,095,288 $2,222,925
2019 $28,823 $2,272,263 $1,095,288 $1,176,975
2018 $27,617 $2,150,746 $0 $0
2017 $26,451 $2,023,901 $0 $0
2016 $26,030 $2,003,976 $0 $0
2015 $26,690 $2,014,711 $0 $0
2014 $26,268 $1,958,710 $0 $0
Source: Public Records

Map

Florida Okaloosa County Destin 32541

985 Highway 98 E Unit E, Destin, FL

Not Listed for Sale

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