Skip main navigation
Off market
  • $395,300

    1040 Highway 98 E Unit 1205, Destin, FL 32541

    1beds
    1baths
    719sqft
    Condo
    Built in 1984
    -- sqft lot
    $395,300 Zestimate®
    $550/sqft
    $1,866 Estimated rent

    Home value

    $395,300

    $320,000 - $486,000

    $1,866/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,866/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,866/mo

    Rent Zestimate®

    Refinance and save

    $2,986/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,986/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    SunDestin 1205 is an absolutely turn-key direct gulf front condo with great rental income. No work needed here. All the floors are tiled. New marble tub and surround with matching vanity tops in both bathrooms. Pocket doors were added throughout for your convenience. This unit sleeps 6 with the hallway bunks and a new sleeper sofa just purchased in June. The owners also replaced the king sized mattress in January of this year. You will see decorator touches throughout like the wainescoating and recipe book niche. Now let's talk about the kitchen. Here you get granite counter tops, new cabinets, smooth top stove, under mount stainless steel sink with designer faucet and recessed lighting. You won't find any popcorn ceilings in SunDestin #1205. Also new in June is the patio furniture. Teriffic sized wall mounted flat screen televisions in both the living room and the bedroom. All this PLUS original art work by Judy Schillingburg. You don't see that very often in a rental condo. As to the rental income, this unit is among the top earners, grossing over $28,000 in 2012. Sundestin is known for it's guest loyalty returning year after year. Amenities include indoor & outdoor pools, indoor & outdoor hot tubs, sauna, steamroom, video arcade, onsite massage therapy, The new Cabana Cafe bar & grill, outdoor tiki bar, kiddie "splash pad", fitness center, conference center and 24/7 front desk. Low HOA dues cover all utilities including electricity. Sundestin is one of the few properties where the HOA owns all of the common area. These spaces generate rental income & this helps keep the dues lower than most other associations. There has not been an increase in dues in 5 years and the reserves are fully funded. This is an excellent investment property.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1.5
    Interior area
    • Total interior livable area: 719 sqft

    Property

    Lot
    • Size: 6.45 Acres
    Details
    • Parcel number: 002S22455500001205

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1984

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $455 monthly
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $550/sqft
    • Tax assessed value: $192,000
    • Annual tax amount: $2,544

    Price history

    DateEventPrice
    8/2/2013Listing removed$242,900$338/sqft
    Source: Resortquest Real Estate Of Florida Llc #601631 Report a problem
    7/28/2013Listed for sale$242,900$338/sqft
    Source: Resortquest Real Estate Of Florida Llc #601631 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2015$2,544 +4.8%$192,000 +6.1%
    2014$2,427 +12.9%$181,000 +13.8%
    2013$2,150 +8.8%$159,000 +6.7%
    2012$1,976 -5.3%$149,000 -3.2%
    2011$2,087 -2.1%$154,000 -3.8%
    2010$2,132 -31.3%$160,000 -30.7%
    2009$3,102 -10.5%$231,000 -11.2%
    2008$3,464 -29.7%$260,000 -27.5%
    2007$4,930 $358,400
    2006$4,930 -2.8%$358,400 +5.9%
    2005$5,074 +47.8%$338,400 +50.4%
    2004$3,432 $225,000
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $395,300
    2% more
    +$7,906
    With Zillow Showcase(estimated)
    $403,206