***Currently under contract with kickout clause in place***New LVP Flooring and New Kitchen Appliances! Just over 100 Yards to the beach from your 3-Bedroom 2.5-bath townhome with assigned parking in Southbay by the Gulf. Approx $48k+ Gross Projected Rental Income for 2024 with $46k+ in Actual Gross Revenue for 2023.
Family & Pet friendly community offers 300 feet of private white sand beachfront. Southbay is centrally located to shopping, dining, fishing, boating, golf and entertainment.
Sold for $525,000
$525,000
940 Highway 98 E Unit 87, Destin, FL 32541
3beds
1,289sqft
Condominium
Built in 1974
-- sqft lot
$470,600 Zestimate®
$407/sqft
$4,362 Estimated rent
Home value
$470,600
$438,000 - $508,000
$4,362/mo
Zestimate® history
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$3,369/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Joshua B Kline 850-259-9038,
Emerald Coast Vacation Rentals & Sales
Bought with:
Wanda L Jackson, 3449121
The Premier Property Group
Source: ECAOR,MLS#: 947001
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: 90 Square Feet
- Dimensions: 10 x 9
Bedroom
- Level: Second
- Area: 81 Square Feet
- Dimensions: 9 x 9
Kitchen
- Level: First
- Area: 88 Square Feet
- Dimensions: 11 x 8
Living room
- Level: First
- Area: 190 Square Feet
- Dimensions: 19 x 10
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Disposal, Dryer, Microwave, Washer
- Laundry: Washer/Dryer Hookup
Features
- Owner's Closet
- Flooring: Carpet
- Furnished: Yes
Interior area
- Total structure area: 1,289
- Total interior livable area: 1,289 sqft
Property
Features
- Patio & porch: Patio
Details
- Parcel number: 002S224201001400N7
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Construction Complete
- New construction: No
- Year built: 1974
Community & HOA
Community
- Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Fishing, Gated, Pavillion/Gazebo, Pool, TV Cable, Tennis Court(s), Pickleball, Short Term Rental - Allowed
- Subdivision: SOUTH BAY BY THE GULF
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Insurance, Legal, Sewer, Cable TV, Trash, Water, Internet
Location
- Region: Destin
Financial & listing details
- Price per square foot: $407/sqft
- Tax assessed value: $365,000
- Annual tax amount: $3,596
- Date on market: 4/10/2024
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2024 | Sold | $525,000-4.5%$407/sqft |
Source:  ECAOR #947001 Report a problem | ||
| 7/10/2024 | Pending sale | $549,900$427/sqft |
Source: ECAOR #947001 Report a problem | ||
| 4/10/2024 | Listed for sale | $549,900$427/sqft |
Source: ECAOR #947001 Report a problem | ||
| 12/9/2023 | Listing removed | -- |
Source: ECAOR #925230 Report a problem | ||
| 6/9/2023 | Listed for sale | $549,900$427/sqft |
Source: ECAOR #925230 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,810 +5.9% | $285,499 -18.4% |
| 2023 | $3,596 +9.5% | $350,000 +11.1% |
| 2022 | $3,284 +7.6% | $315,000 +12.5% |
| 2021 | $3,053 +25.1% | $280,000 +43.6% |
| 2020 | $2,440 +4% | $195,000 +5.4% |
| 2019 | $2,347 +1.5% | $185,000 +2.8% |
| 2018 | $2,311 | $180,000 +5.9% |
| 2017 | $2,311 +4% | $170,000 +3% |
| 2016 | $2,222 +3.7% | $165,000 +10% |
| 2015 | $2,143 -1.7% | $150,000 |
| 2014 | $2,180 | $150,000 +12.8% |
| 2013 | -- | $133,000 |
| 2012 | -- | $133,000 -3.6% |
| 2011 | -- | $138,000 -17.9% |
| 2010 | -- | $168,000 -16% |
| 2009 | -- | $200,000 -4.8% |
| 2008 | -- | $210,000 -16% |
| 2007 | -- | $250,000 -13.8% |
| 2006 | -- | $290,000 +25% |
| 2005 | -- | $232,000 +61.1% |
| 2004 | -- | $144,000 +12.1% |
| 2003 | -- | $128,500 +5% |
| 2002 | -- | $122,400 +2% |
| 2001 | -- | $120,000 |
Find assessor info on the county website
Neighborhood: 32541
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Nearby schools
GreatSchools rating
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 1.4 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 3.4 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 9.8 mi
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.
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- Florida
- Okaloosa County
- Destin
- 32541
- 940 Highway 98 E Unit 87
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