940 E Highway 98 #UNIT 87

Destin, FL 32541 View Map $525,000 Ask a Question
Beds3
Baths2Full11/2
Sq.Ft.1,289
Year1974
940 E Highway 98 #UNIT 87 Destin, FL 32541 | MLS 947001 Photo 1
940 E Highway 98 #UNIT 87 Destin, FL 32541 | MLS 947001 Map
Danny Margagliano

Danny Margagliano

(850) 613-0929

Ask a Question
For more information about this property located at South Bay By The Gulf that is currently for sale for $525,000 call/text Team Margagliano directly at 850-613-0929.
If you're wondering how much or if there are any HOA fees, you can scroll down and look for the "Tax and Financial" section. In that section, you will find out how much the HOA fees are and what is included.
Status: Sold
Property Type:Condominium
MLS #:947001
Sq. Feet:1,289
Date Sold:7/12/2024
County:Okaloosa
Monthly HOA:$810
***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.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
7/16/2024$549,900$525,000-4.5%

Community Information

Address:940 E Highway 98 #UNIT 87, Destin, FL 32541
Area:Destin
County:Okaloosa
City:Destin
Subdivision/Condo:South Bay By The Gulf
Zip Code:32541
SubArea:1401 - Destin Beach West

School Information

High School:Destin
Middle School:Destin
Elementary School:Destin

Architecture

Unit Number:#UNIT 87
Bedrooms: 3
Bathrooms: 2 Full / 1 Half
Year Built:1974
Stories:2

Features / Amenities

Interior Features: Floor WW Carpet, Furnished - All, Owner's Closet, Washer/Dryer Hookup
Appliances: Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
Exterior Features: Patio Open
Pool: Pool Type
Project Facilities: Short Term Rental Allowed, Pool, TV Cable, Dumpster, BBQ Pit/Grill, Beach, Pavillion/Gazebo, Pets Allowed, Gated Community, Fishing, Tennis, Community Room, Pickle Ball
Cooling: Central Air
Heating: Central
Total Rooms:5

Rooms

LevelSize
Master BedroomSecond12 X 11
Living RoomFirst19 X 10
BedroomSecond10 X 9
BedroomSecond9 X 9
KitchenFirst11 X 8

Property Features

Utilities: Community Sewer, Community Water, Electric, TV Cable
Directions:From Hwy 98 Across from Raceway, Turn south on Sandprint Drive. Follow road around Lake to Southbay's South entrance. Enter gate code, follow road around and unit 87 is on the left before the tennis courts.

Tax and Financial Info

Buyer Agency Compensation Type: %
Tax Year: 2023
Tax Annual Amount: $3,596
Legal Description: SOUTHBAY BY THE GULF BLDG 14 UNIT N-7
Association Fee: $810 (paid Monthly)
Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Legal, Sewer, Water, Cable TV, Trash

Schools

WALKING AND TRANSPORTATION

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Listing Information Last Updated 7/22/2024
Listing provided courtesy of Emerald Coast Vacation Rentals & Sales.
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024, All rights reserved.

Vendor ID #28307