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Sold for $2,450,000
  • $2,450,000

    1048 Highway 98 #1705, Destin, FL 32541

    3beds
    2,491sqft
    Condominium
    Built in 2004
    -- sqft lot
    $2,418,800 Zestimate®
    $984/sqft
    $3,486 Estimated rent

    Home value

    $2,418,800

    $2.20M - $2.66M

    $3,486/mo

    Zestimate® history
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    What's special

    Custom draperyContemporary storage hutchWorld-class amenitiesDesigner chandelierOpen patioOpen floor planSpacious living spaces
    This 17th-floor, luxury penthouse offers spacious living spaces, world-class amenities, and gorgeous unobstructed views of the Gulf of Mexico. The penthouse is located in the desirable Silver Beach Towers in Destin, FL. with 2941 sq feet 3 Gulf front primary bedrooms, 3.5 baths and a 2 car, private parking garage with a beach storage closet! Enjoy panoramic views of the Gulf of Mexico from the floor to ceiling windows in the living room, kitchen, dining room, and all three primary bedrooms! Purchase this condo as a primary residence, second home, or investment property. The projected income for this condo is $184,800/year making this a very desirable short term rental investment. This condo has an open floor plan on the first floor and was professional painted and decorated with a contemporary coastal design featuring soft hues of gray, neutral textures, and wood tones. Enter the foyer and get blown away with double high ceilings (20 ft) in the living room and floor to ceiling glass windows and doors! The living room was decorated with a handcrafted upholstery couch, designer chairs, coffee table, rug, side tables, wrought iron side tables, a contemporary storage hutch, and a wall mounted flat screen TV. Sliding glass doors lead to the large, open patio overlooking the white sandy beaches. Relax in the newly furnished patio décor, including a couch, stationary chair, two pivoting chairs, end tables, and a coffee table. The fully stocked, gourmet kitchen features a side by side stainless steel GE Monogram refrigerator with ice maker, a Frigidaire Gallery double wall oven, built in microwave, Kitchen Aide dishwasher and 5 burner GE Monogram smooth stove top. There are granite countertops with a natural stone travertine backsplash and mosaic. The peninsula is a raised bar covered in travertine and seats 6 guests. The kitchen also features trayed ceilings, a pantry, and custom cabinetry. Adjoining the kitchen is a large owner's closet and a nearby half bath. The dining room features floor to ceiling windows with unobstructed gulf views and a sliding glass door to the open patio overlooking the Gulf and has recently been remodeled to include a designer chandelier, art work, a new dining room table that seats six with grey designer upholstery chairs. All three primary bedrooms are large and feature unobstructed Gulf views, floor to ceiling windows, custom drapery and/or blinds. Wall art, bedding, lamp shades, ceiling fans, many furnishings and flooring has been updated to modern gray, white, and natural wood tones. New flooring has been added to the primary bedrooms, stairs, and landing. Two of the primary bedrooms and bathrooms are located on the 2nd floor. Two of the primary bathrooms have trayed ceilings, double vanities, large, walk in travertine showers with a bench, large Jacuzzi tubs, separate water closets, and linen closets. The third primary bathroom features a walk in, tiled shower with a bench and a large single vanity with plenty of storage. All three of the gulf front primary bedrooms feature walk in closets. There are custom closet systems in two of the primary bedroom closets. The separate laundry room features custom cabinetry, a wash basin, and whirlpool washer and dryer. The condo has an open patio overlooking one of most gorgeous beaches in the world and the patio has been outfitted with new outdoor furnishings to include a couch, stationary chair, two pivoting chairs, end tables, and a coffee table. This condo features walls of windows which bring in natural light throughout. Silver Beach Towers offers 600 ft of deeded beach access with beach chair service, tennis, basketball courts, outdoor grilling, two resort style Gulf front pools featuring waterfalls, hot tubs, and a luxury welcome lobby for guests! Silver Beach Towers Homeowners Association also derives income from ancillary business services offsetting HOA fees helping keep HOA fees lower while providing top notch beach service, amenities and maintenance of the condominium In addition, this condo is located near world class golf courses, Henderson Beach State Park, Destin Harbor walk, and some of the finest shopping and dining on the Emerald Coast. This is a rare opportunity to own in one of the most coveted condominiums in our paradise, Destin, FL. Let the endless views of the coastline and sky melt your stress away and leave you breathless! The buyer to verify all dimensions and information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Wendy M Thomas 850-240-2844,

    Keller Williams Realty FWB

    Bought with:

    Kimberly H Rose, 3389970

    Berkshire Hathaway HomeServices

    Source: ECAOR,MLS#: 935515MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 211.2 Square Feet
    • Dimensions: 12.8 x 16.5
    Primary bedroom
    • Description: Gulf Front Master Bedroom 1st floor
    • Level: Second
    • Area: 211.2 Square Feet
    • Dimensions: 12.8 x 16.5
    Bedroom
    • Description: Gulf Front Guest Bedroom
    • Level: Second
    • Area: 217.71 Square Feet
    • Dimensions: 12.3 x 17.7
    Primary bathroom
    • Level: First
    • Area: 107 Square Feet
    • Dimensions: 10 x 10.7
    Primary bathroom
    • Description: Gulf Front 2nd Floor Master 2
    • Level: Second
    • Area: 139.05 Square Feet
    • Dimensions: 13.5 x 10.3
    Bathroom
    • Level: First
    • Area: 37.62 Square Feet
    • Dimensions: 6.6 x 5.7
    Bathroom
    • Description: Huge Guest Bathroom Shower
    • Area: 46.4 Square Feet
    • Dimensions: 5.8 x 8
    Foyer
    • Level: First
    • Area: 85.8 Square Feet
    • Dimensions: 6.6 x 13
    Great room
    • Level: First
    • Area: 462.6 Square Feet
    • Dimensions: 25.7 x 18
    Kitchen
    • Description: Stainless Appliances
    • Level: First
    • Area: 165 Square Feet
    • Dimensions: 11 x 15
    Laundry
    • Level: Second
    • Area: 60.48 Square Feet
    • Dimensions: 7.2 x 8.4
    Loft
    • Level: Second
    • Area: 126.26 Square Feet
    • Dimensions: 11.8 x 10.7
    Other
    • Level: First
    • Area: 212.5 Square Feet
    • Dimensions: 25 x 8.5
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
    • Laundry: Washer/Dryer Hookup
    Features
    • Breakfast Bar, Crown Molding, Vaulted Ceiling(s), Recessed Lighting, Owner's Closet, Pantry, Split Bedroom
    • Flooring: Carpet
    • Windows: Double Pane Windows, Tinted Windows, Window Treatments
    • Furnished: Yes
    Interior area
    • Total structure area: 2,491
    • Total interior livable area: 2,491 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, Detached, Garage
    • Garage spaces: 2
    Features
    • Exterior features: Balcony, Sprinkler System
    • Has view: Yes
    • View description: Gulf/Pass
    • Has water view: Yes
    • Water view: Gulf/Pass
    • Waterfront features: Gulf
    Details
    • Parcel number: 002S22231700PH1705

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete, Stucco
    • Roof: Concrete
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: BBQ Pit/Grill, Beach, Dumpster, Elevators, Fishing, Picnic Area, Pool, Separate Storage, TV Cable, Tennis Court(s), Waterfront, Whirlpool
    • Subdivision: SILVER BEACH TOWERS
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Insurance, Legal, Management, Maintenance Structure, Sewer, Cable TV, Telephone, Trash, Water, Internet
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $984/sqft
    • Tax assessed value: $1,800,000
    • Annual tax amount: $16,842
    • Date on market: 11/6/2023

    Price history

    DateEventPrice
    12/28/2023Sold$2,450,000-1.7%$984/sqft
    Source: ECAOR #935515 Report a problem
    12/15/2023Pending sale$2,492,000$1,000/sqft
    Source: ECAOR #935515 Report a problem
    11/6/2023Listed for sale$2,492,000+99.4%$1,000/sqft
    Source: ECAOR #935515 Report a problem
    3/10/2021Sold$1,250,000$502/sqft
    Source: ECAOR #866158 Report a problem
    8/1/2017Sold$1,250,000$502/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$21,324 +21.5%$1,800,000
    2023$17,544 +34.8%$1,800,000 +66.7%
    2022$13,015 +4.8%$1,080,000 +8%
    2021$12,418 -0.7%$1,000,000
    2020$12,512 -1.4%$1,000,000
    2019$12,685 -1.2%$1,000,000
    2018$12,841 $1,000,000 +10%
    2017$12,841 +8.1%$909,000 -4%
    2016$11,880 -3.4%$947,000
    2015$12,301 -1.9%$947,000
    2014$12,545 $947,000 +11.9%
    2013-- $846,000 +3.9%
    2012-- $814,000 -3.9%
    2011-- $847,000 -2.1%
    2010-- $865,000 -12.9%
    2009-- $993,000 -15.5%
    2008-- $1,175,000
    2007-- $1,175,000
    2006-- $1,175,000 +17.5%
    2005-- $1,000,000 +10226.3%
    2004-- $9,684
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Destin
    • Middle: Destin
    • High: Fort Walton Beach

    Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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