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Off market
  • $389,400

    1040 Highway 98 E Unit 705, Destin, FL 32541

    1beds
    1baths
    719sqft
    Condo
    Built in 1984
    -- sqft lot
    $389,400 Zestimate®
    $542/sqft
    $1,670 Estimated rent

    Home value

    $389,400

    $323,000 - $479,000

    $1,670/mo

    Zestimate® history
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    $2,982/mo

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    $2,982/mo

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    What's special

    This beautiful rental ready condo has been recently renovated including the addition of hallway bunks with the ceiling raised for more headroom. An area across from the bunks is decorated with bead board and mirror to break up the hallway. The floors are all tile laid diagonally. There is a superb gulf view kitchen with new cabinets and granite countertops. The mirrored walls in the living & dining areas open up & show off the gulf view in every direction. The full bathroom includes upgraded vanities and a new marble tub with marble surround for easy maintenance. Also, the half bath has been expanded to accommodate a larger than normal vanity and has an added closet. #705 sleeps 6 and has an excellent rental history. Over $28,000 in 2013. Sundestin is known for it's guest loyalty returning year after year. Amenities include indoor & outdoor pools, indoor & outdoor hot tubs, sauna, steam room, video arcade, onsite massage therapy, Cabana Cafe, new kiddie "splash pad", outdoor tiki hut bar, fitness center, conference center and 24/7 front desk. The low HOA fees cover all utilities including electricity. This is one of the few properties where the HOA owns all of the common area. These spaces generate rental income which keeps the HOA fees lower than most. There has not been an increase in dues at Sundestin or a special assessment in 5 years, reserves are fully funded and there have been many capital improvements. 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: 002S22455500000705

    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: $542/sqft
    • Tax assessed value: $192,000
    • Annual tax amount: $2,544

    Price history

    DateEventPrice
    4/11/2014Sold$242,500-2.6%$337/sqft
    Source: Agent Provided Report a problem
    2/9/2014Listed for sale$248,900$346/sqft
    Source: Resortquest Real Estate Of Florida Llc #612658 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2015$2,544 +6.4%$192,000 +6.1%
    2014$2,391 +11.2%$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 -28.5%$260,000 -26.2%
    2007$4,848 $352,400
    2006$4,848 -2.7%$352,400 +6%
    2005$4,984 +45.2%$332,400 +47.7%
    2004$3,432 $225,000
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
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    $389,400
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    +$7,788
    With Zillow Showcase(estimated)
    $397,188