Skip main navigation
For sale
    • Price cut: $100 (7/3)
    $538,400

    940 Highway 98 E Unit 36, Destin, FL 32541

    3beds
    1,289sqft
    : 
    Loading
    Get pre-qualified
    Townhouse
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $418/sqft
    $-- HOA

    What's special

    Here is your chance to own the nicest unit available in Southbay! This beautifully renovated / fully furnished 3BD/2.5BA Townhome (1289 sq. ft.) in Southbay by the Gulf. This unit features 2 stories with a large, open floor plan on the main level and 3 bedrooms upstairs with a complete renovation in 2023. Nearly everything is new. As a self managed STR, this did $58K in 2024 at only 50% occupancy. Sellers also use it a good amount. Remove owner usage to rent it more aggressively and watch the revenue climb!! Easy beach access as well as a quick drive to everything Destin has to offer. You will love all the new features: New painting, Murals done, panels done, New furniture and beds except for bunk beds, HVAC system replaced, New washing machine, New kitchen burner, Schlage door lock, Ring door camera and ring perimeter camera. HOA installed a new ball and tennis court, New walking bridge and new roof on the property.
    223 days
    |
    240
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Appezzato 212-300-5102,

    EXP Realty LLC

    Source: ECAOR,MLS#: 990969MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Second
      • Area: 132 Square Feet
      • Dimensions: 12 x 11
      Bedroom
      • Level: Second
      • Area: 100 Square Feet
      • Dimensions: 10 x 10
      Bedroom
      • Level: Second
      • Area: 90 Square Feet
      • Dimensions: 10 x 9
      Kitchen
      • Level: First
      • Area: 96 Square Feet
      • Dimensions: 12 x 8
      Living room
      • Level: First
      • Area: 272 Square Feet
      • Dimensions: 17 x 16
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Washer, Electric Water Heater
      • Laundry: Common Area, Washer/Dryer Hookup
      Features
      • Newly Painted
      • Flooring: Laminate
      • Furnished: Yes
      Interior area
      • Total structure area: 1,289
      • Total interior livable area: 1,289 sqft

      Property

      Features
      • Stories: 2
      • Patio & porch: Deck
      • Exterior features: Balcony, Tennis Court(s)
      • Pool features: Heated, In Ground
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      Lot
      • Features: Within 1/2 Mile to Water
      Details
      • Parcel number: 002S22420000F30000
      • Zoning description: Resid Multi-Family

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      Materials
      • Frame, Wood Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 1975

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Fishing, Gated, Pavillion/Gazebo, Picnic Area, Pool, TV Cable, Tennis Court(s), Short Term Rental - Allowed
      • Security: Smoke Detector(s)
      • Subdivision: SOUTH BAY BY THE GULF
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Insurance, Land Recreation, Recreational Faclty, Security, Sewer, Cable TV, Trash, Water, Internet
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $418/sqft
      • Tax assessed value: $375,000
      • Annual tax amount: $4,442
      • Date on market: 7/3/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/3/2026Price change$538,4000%$418/sqft
        Source: ECAOR #990969 Report a problem
        12/8/2025Listed for sale$538,500-1.6%$418/sqft
        Source: ECAOR #990969 Report a problem
        4/14/2023Sold$547,000-3.9%$424/sqft
        Source: ECAOR #916900 Report a problem
        3/4/2023Pending sale$569,000$441/sqft
        Source: ECAOR #916900 Report a problem
        2/23/2023Price change$569,000-1%$441/sqft
        Source: ECAOR #916900 Report a problem
        2/13/2023Listed for sale$575,000+91.7%$446/sqft
        Source: ECAOR #916900 Report a problem
        5/3/2021Sold$299,900$233/sqft
        Source: Public Record Report a problem
        4/10/2021Pending sale$299,900$233/sqft
        Source: RE/MAX International #868455 Report a problem
        4/8/2021Listed for sale$299,900+84.6%$233/sqft
        Source: RE/MAX International #868455 Report a problem
        8/5/2009Sold$162,500$126/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,442 +13.8%$375,000
        2023$3,904 +24.6%$375,000 +44.2%
        2022$3,133 +176.1%$260,000 +100.9%
        2021$1,135 +1.1%$129,419 +1.4%
        2020$1,122 +1.7%$127,632 +2.3%
        2019$1,103 +1.3%$124,762 +1.9%
        2018$1,089 $122,436 +2.1%
        2017$1,089 +1%$119,918 +2.1%
        2016$1,078 +2.8%$117,452 +0.7%
        2015$1,049 -16.6%$116,636 +0.8%
        2014$1,257 $115,710 +1.5%
        2013-- $114,000 +1.5%
        2012-- $112,270 +3%
        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 +5%
        2002-- $102,000 +2%
        2001-- $100,000
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 32541

        Getting around

        56 / 100
        Somewhat Walkable
        40 / 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.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Destin Topics

                Search
                Updates
                Favorites
                Plan
                Inbox