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Off market
  • $923,600

    1040 Highway 98 Unit 1609, Destin, FL 32541

    3beds
    3baths
    1,438sqft
    Condo
    Built in 1984
    -- sqft lot
    $923,600 Zestimate®
    $642/sqft
    $3,426 Estimated rent

    Home value

    $923,600

    $831,000 - $1.03M

    $3,426/mo

    Zestimate® history
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    $3,426/mo

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    Rent Zestimate®

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    $6,104/mo

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    $6,104/mo

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    What's special

    ****Rare opportunity for this type of unit to come on the market and it's a rental machine**** Only 4 are in the entire building but what make this unit different from the others is that it has been beautifuly remodled in 2007. Ready?? Upgrades include new tile throughout kitchen, beautiful crown molding, new granite countertops in kitchen, bar, and 3 bedrooms. The bar also has handmade brass sinks. New carpet in all 3 bedrooms, new furnishings through-out the den, dining room, bedrooms and balcony. New Refrigerator, new washer/dryer, chair rail in hall, walls stripped of wallpaper and painted in addition to trim. 4 flat-screen TV's (3 bought in 2009), added VHS/DVD combination video players in 3 rooms and 1 DVD player in 4th room. New window treatments, light shading treatments and more.......all this in one of the most popular buildings sitting in the heart of downtown Destin. Enjoy awesome DIRECT Gulf front views from this 16th floor unit which has a seasoned history on the on-site rental program! On-site amenities include: Bar & Grill, Indoor and Outdoor Heated Pools, Hot Tub, Spa & Fitness Center, Tiki Bar, Gift Shop, Massage Therapy, Game Room, Shuffleboard, Conference Center for Meetings and, of course, the beautiful, inviting sugar white beach right in front! Well managed on site rental and association program. Monthly assessment fee includes ELECTRICTY and telephone, in addition to all common area amenities, water, sewer, garbage, exterior and interior of building except for inside of units, insurance, accounting and management. Perfect opportunity to own the best on the Beach...buy now just in time to capture the high dollar spring break and summer income! Call to view this one of a kind today. Not a short sale, thank goodness

    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: 3
    • Bathrooms: 3.5
    Interior area
    • Total interior livable area: 1,438 sqft

    Property

    Parking
    • Parking features: Off-street
    Lot
    • Size: 6.45 Acres
    Details
    • Parcel number: 002S22455500001609

    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: $642/sqft
    • Tax assessed value: $790,000
    • Annual tax amount: $9,359

    Price history

    DateEventPrice
    12/8/2021Sold$860,000+77.3%$598/sqft
    Source: Public Record Report a problem
    12/17/2013Sold$485,000-2%$337/sqft
    Source: Public Record Report a problem
    9/29/2011Listing removed$495,000$344/sqft
    Source: ResortQuest Real Estate Report a problem
    3/13/2011Listed for sale$495,000$344/sqft
    Source: ResortQuest Real Estate Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,359 +1.3%$790,000
    2023$9,237 +11.1%$790,000 +14.5%
    2022$8,315 +48.8%$690,000 +53.3%
    2021$5,588 +1.5%$450,000 +2.3%
    2020$5,505 +4.6%$440,000 +6%
    2019$5,264 0%$415,000 +1.2%
    2018$5,265 $410,000 +0.7%
    2017$5,265 -1%$407,000
    2016$5,319 +0.6%$407,000 +4.9%
    2015$5,287 +2.9%$388,000 +6%
    2014$5,140 $366,000 +24.1%
    2013-- $295,000 +6.5%
    2012-- $277,000 -3.1%
    2011-- $286,000 -7.1%
    2010-- $308,000 -30.6%
    2009-- $444,000 -11.2%
    2008-- $500,000 +72.4%
    2007-- $290,000 -20.2%
    2006-- $363,200 +5.8%
    2005-- $343,200 +52.5%
    2004-- $225,000 +25%
    2003-- $180,000 +21.9%
    2002-- $147,700 +4%
    2001-- $142,000
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
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    $923,600
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    +$18,472
    With Zillow Showcase(estimated)
    $942,072