$773,000
●
Condo -
Off Market
1008 E Highway 98 E #PH162
Destin, FL 32541
4 Beds
4 Baths
2,650 Ft²
$1,376,430
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
About This Property
Beautiful penthouse with westerly views of Destin. This low density
building is quiet but in the heart of Destin and close to
everything! The living area is very large and has amazing views!
The oversized balcony offers plenty of room for enjoying the
spectacular Gulf of Mexico. The large master suite has a sitting
area, and opens onto the balcony. The complex is very well kept and
has security, gulf front pool and hot tub, owner's party room,
tennis courts, and deeded beach access. It is conveniently located
close to many great restaurants and shopping yet somewhat tucked
away from Highway 98 for more privacy.
Unit Size
2,650 Ft²
Days on Market
-
Land Size
-
Price per sqft
$302
Property Type
Condo
Property Taxes
$726
HOA Dues
$1,140
Year Built
-
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Cap Rate Calculator
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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 #729370)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2016 | Sold | ||
| Sold | |||
| May 5, 2015 | Listed by ResortQuest Real Estate Destin | $799,000 | |
| Listed by ResortQuest Real Estate Destin | |||
Property Highlights
Parking Available
Garage
Elevator
Fireplace
Parking Details
Parking Features: Covered
Interior Details
Bedrooms: 4
Full Bathrooms: 4
Interior Features: Breakfast Bar, Ceiling Crwn Molding, Fireplace, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Lock Out, Walls Mirrored, Washer/Dryer Hookup, Window Treatment All
Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
Rooms: 7
Exterior Details
Property Condition: Construction Complete
Year Built: 1984
Construction Materials: Concrete
Financial Details
Tax Year: 2014
Tax Annual Amount: $8,717
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Heat Pump A/A Two +
Utilities: Electric, Public Sewer, Public Water
Location Details
Association Fee Includes: Accounting, Ground Keeping, Management, Sewer, Water, Trash
Association Fee Frequency: Monthly
Association Fee2: $1,140
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: Wasson Group, ResortQuest Real Estate Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 729370
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 729370
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