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Off market
  • $504,700

    1040 Highway 98 E Unit 601, Destin, FL 32541

    2beds
    2baths
    949sqft
    Condo
    Built in 1984
    -- sqft lot
    $504,700 Zestimate®
    $532/sqft
    $2,151 Estimated rent

    Home value

    $504,700

    $414,000 - $621,000

    $2,151/mo

    Zestimate® history
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    $2,151/mo

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    Rent Zestimate®

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    $3,694/mo

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    $3,694/mo

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    What's special

    Wow! FINALLY a 2 bedroom GULF FRONT unit at one of (if not) the best rental income properties in Destin - Sundestin. Because of the popularity of these gulf front units, there has not been one on the market for many years. The gulf front master bedroom has sliding glass doors onto the balcony with a direct gulf view. 601 has all tile floors even in the bedrooms and upgraded cabinets in the kitchen with granite counter tops. All marble tubs with surround eliminate any grout cleaning. Flat screens in livingroom and both bedrooms. Sundestin is known for its guest's loyalty that visit year after year, mainly because of it's many amenities including indoor and outdoor hot tubs, indoor and outdoor swimming pools, seasonal tiki hut outdoor bar, Endless summer bar & grill, video arcade, wi-fi, meeting rooms, conference center, onsite massage therapy, gift shop / convenience store and opening this summer, NEW splash pad with numerous water features. All this with the courteous staff of the 24/7 front desk for guests convenience. The HOA owns all of the common areas and receives rent from the gift shop, restaurant and video arcade. This income keeps the dues lower than most other 2 bedrooms units on the beach - $465.00 per month that covers ALL utilities including electricity. There has not been an increase in dues for several years and many capital improvements completed with NO special assessments thanks to the very well managed HOA. You couldn't ask for anything more.

    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: 2
    • Bathrooms: 2
    Interior area
    • Total interior livable area: 949 sqft

    Property

    Lot
    • Size: 6.45 Acres
    Details
    • Parcel number: 002S22455500000601

    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: $532/sqft
    • Tax assessed value: $287,000
    • Annual tax amount: $3,802

    Price history

    DateEventPrice
    6/5/2013Listing removed$389,900$411/sqft
    Source: Resortquest Real Estate Of Florida Llc #589971 Report a problem
    5/29/2013Listed for sale$389,900$411/sqft
    Source: Resortquest Real Estate Of Florida Llc #589971 Report a problem
    2/20/2013Listing removed$389,900$411/sqft
    Source: Resortquest Real Estate Of Florida Llc #589971 Report a problem
    1/26/2013Listed for sale$389,900$411/sqft
    Source: Resortquest Real Estate Of Florida Llc #589971 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2015$3,802 +4.6%$287,000 +5.9%
    2014$3,634 +14.4%$271,000 +15.3%
    2013$3,178 +7%$235,000 +4.9%
    2012$2,970 -5.1%$224,000 -3%
    2011$3,131 -2.1%$231,000 -3.8%
    2010$3,198 -22.4%$240,000 -21.8%
    2009$4,123 -8.2%$307,000 -8.9%
    2008$4,490 -32.7%$337,000 -30.5%
    2007$6,669 $484,800
    2006$6,669 +17.4%$484,800 +28%
    2005$5,679 +21.7%$378,800 +23.8%
    2004$4,668 $306,000
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
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    $504,700
    2% more
    +$10,094
    With Zillow Showcase(estimated)
    $514,794