Skip main navigation
For sale
    • $495,000

    940 Highway 98 E Unit 16, Destin, FL 32541

    3beds
    1,289sqft
    : 
    $3,163/mo
    Get pre-qualified
    Condominium
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $384/sqft
    $-- HOA

    What's special

    Private beach accessFunctional bedroom layoutTwo guest bedroomsBeachside volleyballBeautifully maintained condoGrilling areasIn-unit washer and dryer
    Welcome to South Bay by the Gulf. Please consider this beautifully maintained condo in the South Bay by the Gulf community in the heart of Destin, Florida. This 1,289 square foot, 3-bedroom, 2.5-bath unit offers an ideal opportunity as a full-time or second home, or short-term vacation rental. Positioned on 14 acres, this family-friendly community of 109 townhomes stretches from Highway 98 to the Gulf of Mexico, enjoying 300 feet of private, deep white sand beach along a low-density shoreline. The unit features an open living and dining floor plan with a sleeper sofa, a fully equipped kitchen, a private landscaped patio, an in-unit washer and dryer, and a functional bedroom layout including a primary suite with private bath, two guest bedrooms, a shared full bath, and a downstairs half-bath. Community amenities include two swimming pools (one seasonally heated), private beach access, a 5-acre freshwater lake stocked with turtles and ducks, a kiddie pool, grilling areas, tennis and pickleball courts, shuffleboard, and beachside volleyball. Conveniently located to Big Kahuna's Water & Adventure Park and just minutes from popular Destin dining and entertainment such as McGuire's Irish Pub, AJ's Seafood & Oyster Bar, and Margaritaville, this property combines coastal lifestyle appeal with strong rental and investment potential.
    20 days
    256
    8

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher L Wooten 850-502-9900,

    Taylor Allen Properties LLC

    Source: ECAOR,MLS#: 994642MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Second
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Bedroom
      • Level: Second
      • Area: 110 Square Feet
      • Dimensions: 11 x 10
      Bedroom
      • Level: Second
      • Area: 90 Square Feet
      • Dimensions: 10 x 9
      Dining room
      • Description: Dining/Living Combo
      • Level: First
      • Area: 323 Square Feet
      • Dimensions: 19 x 17
      Kitchen
      • Level: First
      • Area: 112 Square Feet
      • Dimensions: 14 x 8
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Electric Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Owner's Closet, Pantry
      • Flooring: Tile
      • Doors: Storm Door(s)
      • Windows: Window Treatments
      Interior area
      • Total structure area: 1,289
      • Total interior livable area: 1,289 sqft

      Property

      Features
      • Patio & porch: Patio, Porch
      Details
      • Parcel number: 002S22420000B70000

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Frame, Wood Siding
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 1974

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Deed Access, Pool, Tennis Court(s), Short Term Rental - Allowed
      • Subdivision: SOUTH BAY BY THE GULF
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Insurance, Legal, Licenses/Permits, Management, Security, Sewer, Cable TV, Trash, Water, Internet
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $384/sqft
      • Tax assessed value: $375,000
      • Annual tax amount: $4,441
      • Date on market: 8/14/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/14/2026Listed for sale$495,000$384/sqft
        Source: ECAOR #994642 Report a problem
        8/7/2026Listing removed$495,000$384/sqft
        Source: ECAOR #994642 Report a problem
        2/6/2026Listed for sale$495,000+8.8%$384/sqft
        Source: ECAOR #994642 Report a problem
        5/19/2022Sold$455,000$353/sqft
        Source: ECAOR #896606 Report a problem
        4/26/2022Pending sale$455,000$353/sqft
        Source: ECAOR #896606 Report a problem
        4/23/2022Listed for sale$455,000+237%$353/sqft
        Source: ECAOR #896606 Report a problem
        8/16/2010Sold$135,000$105/sqft
        Source: Public Record Report a problem
        6/18/2010Listed for sale$135,000-9.4%$105/sqft
        Source: PREMIER BEACH PROPERTIES #524888 Report a problem
        4/17/2010Listing removed$149,000$116/sqft
        Source: PREMIER BEACH PROPERTIES #524888 Report a problem
        10/4/2009Price change$149,000-6.8%$116/sqft
        Source: PREMIER BEACH PROPERTIES #524888 Report a problem
        8/16/2009Listed for sale$159,900-32%$124/sqft
        Source: PREMIER BEACH PROPERTIES #524888 Report a problem
        6/4/2004Sold$235,000+46%$182/sqft
        Source: Public Record Report a problem
        9/29/2003Sold$161,000$125/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,441 0%$375,000
        2024$4,442 -0.8%$375,000
        2023$4,480 +57.3%$375,000 +44.2%
        2022$2,847 +13.1%$260,000 +23.8%
        2021$2,518 +10.9%$210,000 +13.5%
        2020$2,272 +6.3%$185,000 +5.7%
        2019$2,136 +4.9%$175,000 +2.9%
        2018$2,036 $170,000 +26.9%
        2017$2,036 +16.3%$134,000
        2016$1,751 +0.6%$134,000 +4.7%
        2015$1,741 -7.8%$128,000
        2014$1,888 $128,000 +12.3%
        2013-- $114,000
        2012-- $114,000 +4.6%
        2011-- $109,000 -17.4%
        2010-- $132,000 -15.4%
        2009-- $156,000
        2008-- $156,000 -13.3%
        2007-- $180,000 -14.3%
        2006-- $210,000 +20%
        2005-- $175,000 +45.8%
        2004-- $120,000 +12%
        2003-- $107,100 +13.7%
        2002-- $94,183 +1.6%
        2001-- $92,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 32541

        Getting around

        59 / 100
        Somewhat Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

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

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

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Destin Topics

                Search
                Updates
                Favorites
                Plan
                Inbox