$675,000 - $823,000
●
Condo -
Off Market
1008 E Highway 98 Highway #73
Destin, FL 32541
2 Beds
2 Baths
1,306 Ft²
About This Property
Welcome to the elusive Destin Towers where units rarely come
available. This spacious 2 bedroom, 2 bath, completely
upgraded and fully furnished unit is ready for the 2024 rental
season. Current owners grossed approx $75,000 in rental
income for 2023. The balcony faces the Gulf directly and is
on the West corner so the sunset views are breathtaking.
Destin Towers offers a beautiful Gulf front pool, hot tub,
tennis courts, BBQ area, reserved covered parking and of course
direct beach frontage. Don't wait to book your private tour
as this one will not last long!
The manager has listed the unit size as 1306 square feet.
The manager has listed the unit size as 1306 square feet.
Unit Size
1,306 Ft²
Days on Market
-
Land Size
-
Price per sqft
$574
Property Type
Condo
Property Taxes
$550
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2024 | No longer available | - | |
| No longer available | |||
| Feb 25, 2024 | Listed | $749,900 | |
| Listed | |||
Property Highlights
With View
Exterior Details
Pool
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
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017