OWN THREE WEEKS IN PARADISE! This is a fractional ownership opportunity in a beautiful three story beachfront townhome - one of just a handful in South Bay on the Gulf! RARE opportunity! You will own the 3rd, 32nd, and 44th week of every year. This townhome has LARGE gulf front patios from all three levels. There are two bedrooms with a Jack and Jill style bathroom on the first floor. The second floor is the main living area with living room, kitchen, dining, laundry, and half bath. The master bed and bath are featured on the top floor, along with great storage space. Amazing location in the heart of Destin, and great community features like 310' of beachfront, beach gazebo, pool and tennis courts. Your vacation awaits! As always, all dimensions to be verified by buyer.
Sold for $9,000
$9,000
940 Highway 98 E Unit 125, Destin, FL 32541
3beds
2baths
1,620sqft
Condo
Built in 1974
-- sqft lot
$487,200 Zestimate®
$6/sqft
$4,397 Estimated rent
Home value
$487,200
$341,000 - $667,000
$4,397/mo
Zestimate® history
Owner options
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$4,397/mo
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$4,397/mo
Rent Zestimate®
Refinance and save
$577/mo
Est. payment
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$577/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2.5
Interior area
- Total interior livable area: 1,620 sqft
Property
Parking
- Parking features: Off-street
Features
- On waterfront: Yes
Lot
- Size: 10.8 Acres
Details
- Parcel number: 002S22420000T40000
Construction
Type & style
- Home type: Condo
Condition
- Year built: 1974
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $530 monthly
Location
- Region: Destin
Financial & listing details
- Price per square foot: $6/sqft
- Tax assessed value: $800,000
- Annual tax amount: $9,056
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2025 | Sold | $9,000-50%$6/sqft |
Source: Public Record Report a problem | ||
| 7/20/2021 | Sold | $18,000-45.5%$11/sqft |
Source: Public Record Report a problem | ||
| 2/1/2018 | Sold | $33,000$20/sqft |
Source: Public Record Report a problem | ||
| 8/5/2015 | Listing removed | $33,000$20/sqft |
Source: Keller Williams - Destin #721270 Report a problem | ||
| 4/2/2015 | Listed for sale | $33,000$20/sqft |
Source: Keller Williams - Destin #721270 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,056 +5% | $735,198 +10% |
| 2024 | $8,626 +3.8% | $668,362 -16.5% |
| 2023 | $8,312 +12% | $800,000 +15.9% |
| 2022 | $7,424 +2.2% | $690,000 +2.2% |
| 2021 | $7,263 +10.4% | $675,000 +12.5% |
| 2020 | $6,578 +25% | $600,000 +44.6% |
| 2019 | $5,264 -0.7% | $415,000 +0.5% |
| 2018 | $5,303 | $413,000 |
| 2017 | $5,303 -1.7% | $413,000 |
| 2016 | $5,398 +0.6% | $413,000 +2% |
| 2015 | $5,365 -3.5% | $405,000 |
| 2014 | $5,558 | $405,000 +15.7% |
| 2013 | -- | $350,000 +12.9% |
| 2012 | -- | $310,000 -3.4% |
| 2011 | -- | $321,000 -16.2% |
| 2010 | -- | $383,000 |
| 2009 | -- | $383,000 -4% |
| 2008 | -- | $399,000 |
| 2007 | -- | $399,000 +383.1% |
| 2006 | -- | $82,593 |
| 2005 | -- | $82,593 -79.3% |
| 2004 | -- | $399,000 |
| 2003 | -- | $399,000 +5% |
| 2002 | -- | $380,000 +18.8% |
| 2001 | -- | $320,000 |
Find assessor info on the county website
Neighborhood: 32541
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Nearby schools
GreatSchools rating
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 1.3 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 3.3 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 9.8 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$487,200
2% more
+$9,744
With Zillow Showcase(estimated)
$496,944
- Florida
- Okaloosa County
- Destin
- 32541
- 940 Highway 98 E Unit 125
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