$425,000
●
Condo -
Off Market
1008 Highway 98 #UNIT21
Destin, FL 32541
2 Beds
2 Baths
1,306 Ft²
$749,734
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model
About This Property
GULF FRONT, COMPLETELY UPDATED AND AMAZING!! This East end condo
has additional side windows in living/dining area & eat in kitchen,
beautiful granite in kitchen and baths, custom cabinets, stainless
appliances, new furniture, custom drapes, beautiful tile floors and
more! No elevator to bother with, park in assigned covered parking
space on 2nd level and walk directly to your condo. Great large
balcony with doors from living room and master bedroom. This large
condo has foyer area with closet, laundry room with full size side
by side washer & dryer. Destin Towers only had 3 units per floor
with interior walkway which is private for you and your guest.
Storage closet on the same floor. Enjoy the beach, lovely pool,
tennis court and grounds. This condo grossed $42,000 in 2015!
Unit Size
1,306 Ft²
Days on Market
-
Land Size
-
Price per sqft
$336
Property Type
Condo
Property Taxes
$357
HOA Dues
$609
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (ECAR MLS #751262)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2016 | Sold | ||
| Sold | |||
| Apr 22, 2016 | Listed by World Impact Real Estate | $439,000 | |
| Listed by World Impact Real Estate | |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Parking Features: Garage, Deeded
Garage Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Floor Tile, Floor WW Carpet, Furnished - All, Owner's Closet, Plantation Shutters, Split Bedroom, Washer/Dryer Hookup, Window Treatment All
Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
Rooms: 4
Exterior Details
Property Condition: Construction Complete
Year Built: 1984
Window Features: Double Pane Windows
Construction Materials: Concrete
Pool Features: Pool Type
Financial Details
Tax Year: 2015
Tax Annual Amount: $4,289
Utilities Details
Cooling Type: Central Air
Utilities: Electric, Public Sewer, Public Water, TV Cable
Location Details
Association Fee Includes: Accounting, Ground Keeping, Insurance, Land Recreation, Licenses/Permits, Master Association, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash
Association Fee Frequency: Monthly
Association Fee2: $609
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/12/2026
|
2 Bed
|
2 Bath
|
-
|
$894,000
2 Bed
2 Bath
|
$775,000
-13.31%
04/15/2026
|
Karen Hartley Fillingim
Scenic Sotheby's International Realty
| |
|
04/01/2025
|
2 Bed
|
2 Bath
|
-
|
$1,100,000
2 Bed
2 Bath
|
$1,100,000
07/29/2025
|
Stacey Harris
REV Realty
| |
|
02/25/2024
|
2 Bed
|
2 Bath
|
1306 ft²
|
$749,900
2 Bed
2 Bath
1306 ft²
|
-
-
|
Jacqueline M Ochs
Keller Williams Realty Navarre
| |
|
06/25/2022
|
2 Bed
|
2 Bath
|
1306 ft²
|
$785,000
2 Bed
2 Bath
1306 ft²
|
-
-
|
Marie H Babin
RE/MAX By the Sea
| |
|
03/02/2022
|
3 Bed
|
3 Bath
|
1956 ft²
|
$1,499,900
3 Bed
3 Bath
1956 ft²
|
-
-
|
Jilenna D Parmeley
Beach Group Properties LLC
| |
|
01/16/2022
|
2 Bed
|
2 Bath
|
1300 ft²
|
$765,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Kevin M Kramer
Vacasa Real Estate
| |
|
09/02/2021
|
2 Bed
|
2 Bath
|
1300 ft²
|
$765,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
At The Beach Team
Keller Williams Realty Destin
| |
|
08/13/2021
|
2 Bed
|
2 Bath
|
1300 ft²
|
$795,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Heather N Jenkins
EXP Realty LLC
| |
|
07/05/2021
|
4 Bed
|
4 Bath
|
2630 ft²
|
$2,650,000
4 Bed
4 Bath
2630 ft²
|
-
-
|
Jilenna D Parmeley
Beach Group Properties LLC
| |
|
09/06/2018
|
2 Bed
|
2 Bath
|
1300 ft²
|
-
2 Bed
2 Bath
1300 ft²
|
-
-
|
-
| |
|
04/22/2016
|
2 Bed
|
2 Bath
|
1306 ft²
|
$439,000
2 Bed
2 Bath
1306 ft²
|
$425,000
-3.19%
05/10/2016
|
Jim Stanley
World Impact Real Estate
| |
|
04/06/2016
|
2 Bed
|
2 Bath
|
1300 ft²
|
$419,000
2 Bed
2 Bath
1300 ft²
|
$408,000
-2.63%
05/20/2016
|
Bert C Summerville
Scenic Sotheby's International Realty
| |
|
02/17/2016
|
2 Bed
|
2 Bath
|
1300 ft²
|
$389,900
2 Bed
2 Bath
1300 ft²
|
$375,995
-3.57%
04/08/2016
|
Tony Wood
Keller Williams Realty Destin
| |
|
05/30/2015
|
2 Bed
|
2 Bath
|
1300 ft²
|
$434,900
2 Bed
2 Bath
1300 ft²
|
$430,000
-1.13%
07/22/2015
|
The Kelly Group Team
Keller Williams Realty Destin
| |
|
05/26/2015
|
2 Bed
|
2 Bath
|
1300 ft²
|
$429,900
2 Bed
2 Bath
1300 ft²
|
$415,000
-3.47%
07/02/2015
|
At The Beach Team
Keller Williams Realty Destin
| |
|
05/05/2015
|
4 Bed
|
4 Bath
|
2650 ft²
|
$799,000
4 Bed
4 Bath
2650 ft²
|
$773,000
-3.25%
04/15/2016
|
Caroline Wasson PA
ResortQuest Real Estate Destin
| |
|
04/14/2015
|
2 Bed
|
2 Bath
|
1300 ft²
|
$427,500
2 Bed
2 Bath
1300 ft²
|
$420,000
-1.75%
05/12/2017
|
Skip Miller
Better Homes and Gardens Real Estate Emerald Coast
| |
|
12/28/2014
|
2 Bed
|
2 Bath
|
1300 ft²
|
$449,000
2 Bed
2 Bath
1300 ft²
|
$440,000
-2.00%
05/28/2015
|
Tim Shepard
Destin Real Estate
| |
|
11/28/2014
|
2 Bed
|
2 Bath
|
1300 ft²
|
$439,000
2 Bed
2 Bath
1300 ft²
|
$425,000
-3.19%
03/20/2015
|
Tim Shepard
Destin Real Estate
| |
|
07/08/2013
|
2 Bed
|
2 Bath
|
1300 ft²
|
$428,000
2 Bed
2 Bath
1300 ft²
|
$416,000
-2.80%
08/30/2013
|
Tim Shepard
Destin Real Estate
| |
|
06/03/2013
|
2 Bed
|
2 Bath
|
1300 ft²
|
$435,000
2 Bed
2 Bath
1300 ft²
|
$400,000
-8.05%
11/27/2013
|
John Moran
Keller Williams Realty Destin
| |
|
01/09/2013
|
2 Bed
|
2 Bath
|
1300 ft²
|
$420,000
2 Bed
2 Bath
1300 ft²
|
$400,000
-4.76%
03/08/2013
|
At The Beach Team
Keller Williams Realty Destin
| |
|
03/09/2011
|
2 Bed
|
2 Bath
|
1300 ft²
|
$439,000
2 Bed
2 Bath
1300 ft²
|
$405,000
-7.74%
04/23/2012
|
Willa Merriott
Willa Merriott Realty Inc
|
Building Info
About Destin
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Hannah W Stanley, World Impact Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 751262
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 751262
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