1040 Highway 98, Unit 404

Destin, FL 32541

$500,000
Price
1
Beds
1
Bath
1
1/2 Bath
719 Sq. Ft.
$695 / Sq. Ft.
719
Sq. Ft.
$695
per Sq. Ft.

Description

Beachfront 12 cap! Fully furnished. Nicely Appointed. Turn-Key. Rental Ready. Direct Gulf-front. Sweet-spot elevation. Direct Gulf & Pool views. 4th Floor center. Heart of sunny Destin. Location Location Location! DOCUMENTED rental performance. See detailed figures (attached). Gross rental income of $93,262 (Summary figures attached show rent not fees). Unit is currently operating at nearly 100% occupancy so far this year on short-term rental basis (not a monthly snowbird rate). Sundestin's ongoing...Beachfront 12 cap! Fully furnished. Nicely Appointed. Turn-Key. Rental Ready. Direct Gulf-front. Sweet-spot elevation. Direct Gulf & Pool views. 4th Floor center. Heart of sunny Destin. Location Location Location! DOCUMENTED rental performance. See detailed figures (attached). Gross rental income of $93,262 (Summary figures attached show rent not fees). Unit is currently operating at nearly 100% occupancy so far this year on short-term rental basis (not a monthly snowbird rate). Sundestin's ongoing remodeling, and maintenance projects seem to be paying off. The upgrades done so far look magnificent (see lobby photos) and the management team is truly committed to staying on top of things and maintaining the resort's reputation as one of the Emerald Coast's Top Resort Destination
  1. Listed by Andrew S Werschky • Fathom Realty FL LLC

Property Details for 1040 Highway 98, Unit 404

Subdivision
SUNDESTIN INTERNATIONAL CONDO
MLS Sub Area
1401 - Destin Beach West
Waterfront Type
Gulf, Shore - Beach, Unit Waterfront
Water View
Gulf

Location

Listing Courtesy of Fathom Realty FL LLC
Add your commute
LISTING UPDATED: 05/15/2024 11:00 AM

Property Details for 1040 Highway 98, Unit 404

StatusActive
MLS #938451
Days on Market154
Taxes-
HOA Fees$734 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1986
CountyOkaloosa County

Location

Listing Courtesy of Fathom Realty FL LLC
Add your commute

Building Information for 1040 Highway 98, Unit 404

Building/Complex1040 Highway 98Floor4Stories-Residences-Pet Policy-Year Built1986

Payment Calculator

$3,839 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$376

HOA Dues

$734

The Payment Calculator is for illustrative purposes only.

Property Information for 1040 Highway 98, Unit 404

Summary
Location and General Information
  • Absolute Longitude: 86.468308
  • Directions: Go to the big stretch of beautiful white sand beach just west of Airport Road on Hwy 98 E, between Big Kahuna's Waterpark and The Track (the 2 largest amusement parks in Destin), across from Chic-Fil-A and Waffle House (which are in front of Shakes Frozen Custard). Look for the big tall building with the sign that says ''SUNDESTIN.'' Yep, the really fun one not far from the Winn Dixie grocery.
  • Longitude: -86.468308
  • Latitude: 30.384611
Taxes and HOA Information
  • Assessment Fees: Yes
  • Assessment Paid: Monthly
  • Fees Include: Accounting,Electricity,Ground Keeping,Insurance,Internet Service,Land Recreation,Master Association,Recreational Faclty,Repairs/Maintenance,Security,Sewer,Telephone,Trash,TV Cable,Water
  • Assessment Amount: $734
School Information
  • Elementary School: Destin
  • High School: Destin
  • Middle School: Destin
Utilities
  • Utilities: Electric,Phone,Public Water,TV Cable
Parking
  • Garage YN: No
Property
Parking
  • Carport YN: No
Lot Information
  • Area: 14 - Destin
  • Building Design: N/A
  • Stories in Building: 17
Property and Assessments
  • Project Facilities: BBQ Pit/Grill,Beach,Community Room,Deed Access,Dumpster,Elevators,Exercise Room,Fishing,Game Room,Gated Community,Handicap Provisions,Laundry,Pets Allowed,Pickle Ball,Picnic Area,Pool,Sauna/Steam Room,Short Term Rental - Allowed,TV Cable,Waterfront,Whirlpool
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Exterior: Balcony, BBQ Pit/Grill, Hot Tub, Pool - Enclosed, Pool - Heated, Pool - In-Ground, Renovated, Sauna/Steam, Shower, Sprinkler System, Tennis Court
  • Pool: Yes
  • Pool Type: Community
Interior Features
  • Energy: AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
  • Interior: Atrium, Breakfast Bar, Floor Tile, Furnished - All, Furnished - Some, Kitchen Island
Room Information
Room Information
  • Master Bedroom: First
  • Rooms: Family Room,Kitchen,Master Bedroom
Kitchen
  • Kitchen: First
Room 1
  • Dimensions: 10 x 6
  • Remarks: with breakfast bar
  • Length: 10.0
  • Width: 6.0
  • Level: 1
  • Area: 60.0
Room 2
  • Dimensions: 18 x 14
  • Remarks: Dining/Living
  • Length: 18.0
  • Width: 14.0
  • Level: 1
  • Area: 252.0
Room 3
  • Dimensions: 13 x 10
  • Length: 13.0
  • Width: 10.0
  • Level: 1
  • Area: 130.0
Multi Family
Unit Information
  • Stories In Unit: 1
Rental
Rental Information
  • Existing Leases: Daily/Weekly
  • Is Subject Leased: No
  • Immediate Occupancy: Yes

Property History for 1040 Highway 98, Unit 404

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1040 Highway 98, Unit 404

Taxable ValueLand-Additions$426,000Total-
Tax Record2023$4,518 ($376 / month)
Home Facts
Beds1Total Finished SqFt719 SqFtAbove Grade Finished SqFt719 SqFtLot Size280,972 SqFtStyleCondominiumYear Built1984CountyOKALOOSAAPN00-2S-22-4555-0000-0404

Schools near 1040 Highway 98, Unit 404

This home is within Okaloosa.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Destin Elementary School
PublicPK to 4

Destin Middle School
Public5 to 8

Fort Walton Beach High School
Public9 to 12

Ami Kids Emerald Coast
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1040 Highway 98, Unit 404 is a condo for sale in Destin, FL 32541. This property was listed for sale on December 16, 2023 by Fathom Realty FL LLC, it's currently listed at $500,000. It has been on the market for a total of 154 days and was last sold on August 17, 2021. This listing's school district is Okaloosa. Nearby schools include Destin Elementary School, Destin Middle School and Fort Walton Beach High School. 1040 Highway 98, Unit 404 is a 1-bed, 1.5-bath, 719 sqft condo built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Fathom Realty FL LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.