1040 E Highway 98 #416
About This Property
One of the things I love about Sundestin is it is perfectly positioned directly on the Gulf of Destins' sugar white beach! Its location in the heart of Destin is second to none, which is why many owners/investors seek it out for their investment portfolios! An abundance of fabulous options are just minutes down the road, such as Destin Commons shopping complex, Destin's famous Harborwalk Village, Big Kahuna's Waterpark, and a myriad of other world-class shopping, dining, and entertainment options. You can even go across the street and get some delicious Frozen Custard from a local favorite, Shakes Frozen Custard! My family and I love to frequent there! Unit 416 is perfectly positioned on the fourth floor for quick and easy elevator access to this beautiful unit. Upon entering the property you see an open floorplan with LVP throughout the property. Immediately on your right you experience a freshly renovated kitchen (2024) complete with stainless steel appliances, newly installed backsplash, and elegant waterfall quartz countertops. As you gaze forward, you take in a spacious dining and family room. Sliding glass doors invite you to come and open them up and walk out onto your private balcony! Yes, it does have views of the Gulf of America, and within minutes you can be down there with your toes in the sand. The master bedroom can be accessed from the balcony too! The master bathroom had an elegantly updated vanity installed in 2021. Unit 416 also features a half bath for your guest convenience.
The Sundestin complex also boasts phenomenal amenities including
* An outdoor pool and splash pad
* Hot Tubs
* Indoor seasonally-heated pool
* Laundry Facility
* Shuffleboard
* Fitness center
* 24hr. Front Desk with concierge service.
* Massage Services
* On-site restaurant and gift shop stocked with groceries, snacks, souvenirs, beach equipment, and toys
Unit 416 is being offered fully furnished, so having this and along with all the top tier amenities located in Sundestin, plus our world renowned Destin beaches, it is easy to see why this gem is a great investment!
Listed By
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 10, 2026 | Price Decreased |
$325,000
↓ $20K
(5.8%) | |
| Price Decreased | |||
| Aug 5, 2026 | Price Decreased |
$345,000
↓ $20K
(5.5%) | |
| Price Decreased | |||
| Jun 20, 2026 | Price Decreased |
$365,000
↓ $20K
(5.2%) | |
| Price Decreased | |||
| May 3, 2026 | Listed by Compass | $385,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/18/2026
|
1 Bed
|
1 Bath
|
766 ft²
|
$499,000
1 Bed
1 Bath
766 ft²
|
$425,000
-14.83%
07/24/2026
|
Jennifer Purdy
Coldwell Banker Realty
| |
|
04/30/2026
|
1 Bed
|
1 Bath
|
765 ft²
|
$415,000
1 Bed
1 Bath
765 ft²
|
$380,000
-8.43%
05/15/2026
|
Janette Klein
ResortQuest Real Estate
| |
|
04/16/2026
|
1 Bed
|
1 Bath
|
719 ft²
|
$485,000
1 Bed
1 Bath
719 ft²
|
$460,000
-5.15%
06/18/2026
|
At The Beach Team
Keller Williams Realty Destin
| |
|
03/12/2026
|
1 Bed
|
1 Bath
|
-
|
$490,000
1 Bed
1 Bath
|
$450,000
-8.16%
03/31/2026
|
At The Beach Team
Keller Williams Realty Destin
| |
|
11/16/2025
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
$485,000
-2.81%
12/31/2025
|
Paige L Peterson
Compass Florida, LLC
| |
|
09/05/2025
|
1 Bed
|
1 Bath
|
-
|
$420,000
1 Bed
1 Bath
|
$400,000
-4.76%
12/31/2025
|
JOHN HOLAHAN
Better Homes & Gardens Real Estate Emerald Coast
| |
|
03/21/2025
|
1 Bed
|
1 Bath
|
-
|
$420,000
1 Bed
1 Bath
|
$340,000
-19.05%
06/11/2025
|
At The Beach Team
Keller Williams Realty Destin
| |
|
03/20/2025
|
1 Bed
|
1 Bath
|
-
|
$399,000
1 Bed
1 Bath
|
$375,000
-6.02%
05/01/2025
|
Cynthia Blanton
Cheryl Blanton Real Estate
| |
|
12/06/2024
|
1 Bed
|
2 Bath
|
719 ft²
|
$370,000
1 Bed
2 Bath
719 ft²
|
$370,000
01/15/2025
|
Brenda Murphy
FUTURE HOME REALTY
| |
|
10/23/2024
|
1 Bed
|
2 Bath
|
719 ft²
|
$450,000
1 Bed
2 Bath
719 ft²
|
$400,000
-11.11%
03/27/2025
|
Ginger Hallmark
Destin Luxury Real Estate and Rental
| |
|
02/13/2024
|
1 Bed
|
1.5 Bath
|
719 ft²
|
$565,000
1 Bed
1.5 Bath
719 ft²
|
-
-
|
Denise A Stegner
Vacasa Real Estate
| |
|
02/11/2024
|
1 Bed
|
1 Bath
|
719 ft²
|
$575,000
1 Bed
1 Bath
719 ft²
|
-
-
|
Charles E Middleton
Keller Williams Realty Destin
| |
|
01/23/2024
|
2 Bed
|
2 Bath
|
949 ft²
|
$750,000
2 Bed
2 Bath
949 ft²
|
-
-
|
Joshua H Callahan
Realty ONE Group Emerald Coast
| |
|
12/17/2023
|
1 Bed
|
1.5 Bath
|
719 ft²
|
$500,000
1 Bed
1.5 Bath
719 ft²
|
-
-
|
Andrew S Werschky
Fathom Realty FL LLC
| |
|
11/13/2023
|
1 Bed
|
1.5 Bath
|
719 ft²
|
$499,000
1 Bed
1.5 Bath
719 ft²
|
-
-
|
Tanner B Shehan
Latitude Resort Properties
| |
|
09/22/2023
|
1 Bed
|
1.5 Bath
|
719 ft²
|
$537,000
1 Bed
1.5 Bath
719 ft²
|
-
-
|
Brenda K Murphy
Scenic Stays Real Estate LLC
| |
|
09/01/2023
|
1 Bed
|
1.5 Bath
|
719 ft²
|
$489,999
1 Bed
1.5 Bath
719 ft²
|
-
-
|
Stacie N Boudreaux
Corcoran Reverie SRB
| |
|
09/01/2023
|
Loft
|
2 Bath
|
966 ft²
|
$659,000
Loft
2 Bath
966 ft²
|
-
-
|
ERIC GLEATON
ERIC GLEATON REALTY, INC
| |
|
08/25/2023
|
1 Bed
|
1.5 Bath
|
766 ft²
|
$509,900
1 Bed
1.5 Bath
766 ft²
|
-
-
|
Joshua A Smith
Fathom Realty FL LLC
| |
|
05/09/2023
|
2 Bed
|
2 Bath
|
949 ft²
|
$549,900
2 Bed
2 Bath
949 ft²
|
-
-
|
Brenda K Murphy
Scenic Stays Real Estate LLC
| |
|
07/19/2023
|
1 Bed
|
1.5 Bath
|
719 ft²
|
$545,000
1 Bed
1.5 Bath
719 ft²
|
-
-
|
Debra G Kendrick
Scenic Stays Real Estate LLC
| |
|
07/14/2023
|
1 Bed
|
1.5 Bath
|
719 ft²
|
$545,000
1 Bed
1.5 Bath
719 ft²
|
-
-
|
Debra G Kendrick
Scenic Stays Real Estate LLC
| |
|
05/13/2023
|
2 Bed
|
2 Bath
|
949 ft²
|
$849,700
2 Bed
2 Bath
949 ft²
|
-
-
|
Karen K Martineau
RE/MAX Coastal Properties
| |
|
06/10/2023
|
1 Bed
|
1.5 Bath
|
765 ft²
|
$540,000
1 Bed
1.5 Bath
765 ft²
|
-
-
|
Brenda K Murphy
Scenic Stays Real Estate LLC
| |
|
05/10/2023
|
1 Bed
|
1.5 Bath
|
765 ft²
|
$505,000
1 Bed
1.5 Bath
765 ft²
|
-
-
|
Brenda K Murphy
Scenic Stays Real Estate LLC
| |
|
05/08/2023
|
1 Bed
|
1.5 Bath
|
719 ft²
|
$579,000
1 Bed
1.5 Bath
719 ft²
|
-
-
|
Janette A Klein
Vacasa Real Estate - Miramar Beach
| |
|
02/24/2023
|
1 Bed
|
1.5 Bath
|
719 ft²
|
$569,000
1 Bed
1.5 Bath
719 ft²
|
-
-
|
Brenda K Murphy
Scenic Stays Real Estate LLC
| |
|
02/22/2023
|
1 Bed
|
1.5 Bath
|
765 ft²
|
$399,000
1 Bed
1.5 Bath
765 ft²
|
-
-
|
Brenda K Murphy
Scenic Stays Real Estate LLC
| |
|
12/10/2022
|
1 Bed
|
1.5 Bath
|
766 ft²
|
$569,000
1 Bed
1.5 Bath
766 ft²
|
-
-
|
Marie H Babin
RE/MAX By the Sea
| |
|
04/05/2022
|
2 Bed
|
2 Bath
|
949 ft²
|
$649,000
2 Bed
2 Bath
949 ft²
|
-
-
|
Abbott Martin Group
EXP Realty LLC
| |
|
07/10/2022
|
2 Bed
|
2 Bath
|
949 ft²
|
$725,000
2 Bed
2 Bath
949 ft²
|
-
-
|
David W Clement
Sun Sand & Sea 30a Beach Realty LLC
| |
|
06/16/2022
|
2 Bed
|
2 Bath
|
949 ft²
|
$725,000
2 Bed
2 Bath
949 ft²
|
-
-
|
David W Clement
Sun Sand & Sea 30a Beach Realty LLC
| |
|
05/13/2022
|
1 Bed
|
1.5 Bath
|
766 ft²
|
$565,000
1 Bed
1.5 Bath
766 ft²
|
-
-
|
The DestinDeano Team
Keller Williams Realty Destin
| |
|
04/16/2022
|
1 Bed
|
2 Bath
|
766 ft²
|
$589,000
1 Bed
2 Bath
766 ft²
|
-
-
|
Clare M Clawson
Vacasa Real Estate
| |
|
04/16/2022
|
1 Bed
|
2 Bath
|
719 ft²
|
$600,000
1 Bed
2 Bath
719 ft²
|
-
-
|
Clare M Clawson
Vacasa Real Estate
| |
|
03/25/2022
|
1 Bed
|
2 Bath
|
766 ft²
|
$589,000
1 Bed
2 Bath
766 ft²
|
-
-
|
Dudley Hawkins Group
Vacasa Real Estate - Seagrove Beach
| |
|
10/26/2021
|
2 Bed
|
2 Bath
|
949 ft²
|
$650,000
2 Bed
2 Bath
949 ft²
|
-
-
|
Marie H Babin
RE/MAX By the Sea
| |
|
08/26/2021
|
2 Bed
|
2 Bath
|
949 ft²
|
$579,999
2 Bed
2 Bath
949 ft²
|
-
-
|
Amanda M Rudy
Dalton Wade Inc
| |
|
08/13/2021
|
2 Bed
|
2 Bath
|
949 ft²
|
$459,000
2 Bed
2 Bath
949 ft²
|
$459,900
+0.20%
10/28/2021
|
Brenda Murphy
FUTURE HOME REALTY
| |
|
05/22/2021
|
1 Bed
|
2 Bath
|
719 ft²
|
$379,000
1 Bed
2 Bath
719 ft²
|
-
-
|
Allison Albano
Superior Of Florida, LLC.
| |
|
05/22/2021
|
1 Bed
|
2 Bath
|
719 ft²
|
$409,000
1 Bed
2 Bath
719 ft²
|
-
-
|
-
| |
|
05/07/2021
|
1 Bed
|
2 Bath
|
765 ft²
|
$365,000
1 Bed
2 Bath
765 ft²
|
-
-
|
-
| |
|
03/12/2021
|
1 Bed
|
2 Bath
|
719 ft²
|
$395,000
1 Bed
2 Bath
719 ft²
|
-
-
|
-
| |
|
03/11/2021
|
1 Bed
|
1 Bath
|
766 ft²
|
$365,000
1 Bed
1 Bath
766 ft²
|
-
-
|
-
| |
|
11/11/2020
|
2 Bed
|
2 Bath
|
949 ft²
|
$525,000
2 Bed
2 Bath
949 ft²
|
-
-
|
-
| |
|
10/15/2020
|
2 Bed
|
2 Bath
|
949 ft²
|
$520,000
2 Bed
2 Bath
949 ft²
|
-
-
|
-
| |
|
09/23/2020
|
1 Bed
|
2 Bath
|
766 ft²
|
$374,000
1 Bed
2 Bath
766 ft²
|
-
-
|
-
| |
|
09/02/2020
|
1 Bed
|
2 Bath
|
719 ft²
|
$349,900
1 Bed
2 Bath
719 ft²
|
-
-
|
-
| |
|
07/09/2020
|
2 Bed
|
2 Bath
|
949 ft²
|
$515,000
2 Bed
2 Bath
949 ft²
|
-
-
|
-
| |
|
07/08/2020
|
1 Bed
|
2 Bath
|
716 ft²
|
$425,000
1 Bed
2 Bath
716 ft²
|
-
-
|
-
| |
|
07/05/2020
|
1 Bed
|
2 Bath
|
719 ft²
|
$395,000
1 Bed
2 Bath
719 ft²
|
-
-
|
-
| |
|
06/04/2020
|
2 Bed
|
2 Bath
|
949 ft²
|
$498,500
2 Bed
2 Bath
949 ft²
|
-
-
|
-
| |
|
06/03/2020
|
1 Bed
|
1 Bath
|
719 ft²
|
$410,000
1 Bed
1 Bath
719 ft²
|
-
-
|
-
| |
|
06/03/2020
|
1 Bed
|
2 Bath
|
719 ft²
|
$395,000
1 Bed
2 Bath
719 ft²
|
-
-
|
-
| |
|
04/30/2020
|
1 Bed
|
2 Bath
|
765 ft²
|
$345,000
1 Bed
2 Bath
765 ft²
|
-
-
|
Jennifer Wilson
Coldwell Banker Realty
| |
|
01/26/2020
|
1 Bed
|
2 Bath
|
766 ft²
|
$339,900
1 Bed
2 Bath
766 ft²
|
-
-
|
-
| |
|
01/13/2020
|
1 Bed
|
2 Bath
|
719 ft²
|
$375,000
1 Bed
2 Bath
719 ft²
|
-
-
|
-
| |
|
01/13/2020
|
1 Bed
|
2 Bath
|
719 ft²
|
$379,000
1 Bed
2 Bath
719 ft²
|
-
-
|
-
| |
|
12/21/2019
|
3 Bed
|
4 Bath
|
1438 ft²
|
$750,000
3 Bed
4 Bath
1438 ft²
|
-
-
|
-
| |
|
07/26/2019
|
2 Bed
|
2 Bath
|
949 ft²
|
$509,900
2 Bed
2 Bath
949 ft²
|
-
-
|
-
| |
|
06/14/2019
|
1 Bed
|
2 Bath
|
765 ft²
|
$250,000
1 Bed
2 Bath
765 ft²
|
-
-
|
-
| |
|
04/29/2019
|
1 Bed
|
2 Bath
|
755 ft²
|
$285,000
1 Bed
2 Bath
755 ft²
|
-
-
|
-
| |
|
04/20/2019
|
1 Bed
|
2 Bath
|
719 ft²
|
$328,000
1 Bed
2 Bath
719 ft²
|
-
-
|
-
| |
|
04/12/2019
|
2 Bed
|
2 Bath
|
949 ft²
|
$465,000
2 Bed
2 Bath
949 ft²
|
-
-
|
-
| |
|
03/27/2019
|
1 Bed
|
2 Bath
|
719 ft²
|
$359,900
1 Bed
2 Bath
719 ft²
|
-
-
|
-
| |
|
01/31/2019
|
1 Bed
|
2 Bath
|
719 ft²
|
$339,900
1 Bed
2 Bath
719 ft²
|
-
-
|
-
| |
|
11/28/2018
|
1 Bed
|
2 Bath
|
765 ft²
|
$269,000
1 Bed
2 Bath
765 ft²
|
-
-
|
-
| |
|
10/26/2018
|
1 Bed
|
2 Bath
|
719 ft²
|
$339,900
1 Bed
2 Bath
719 ft²
|
-
-
|
-
| |
|
10/05/2016
|
1 Bed
|
1 Bath
|
-
|
$286,000
1 Bed
1 Bath
|
$278,000
-2.80%
02/17/2017
|
Karen Martineau
RE/MAX Coastal Properties
| |
|
09/05/2016
|
2 Bed
|
2 Bath
|
949 ft²
|
$320,000
2 Bed
2 Bath
949 ft²
|
$310,000
-3.13%
12/16/2016
|
V Ariel Lowerison
PMA Real Estate Sales Inc
| |
|
02/25/2016
|
1 Bed
|
2 Bath
|
766 ft²
|
$224,000
1 Bed
2 Bath
766 ft²
|
$222,000
-0.89%
06/09/2017
|
Lacey Price
Destin Real Estate
| |
|
11/12/2015
|
1 Bed
|
2 Bath
|
719 ft²
|
$264,900
1 Bed
2 Bath
719 ft²
|
$257,000
-2.98%
04/08/2016
|
At The Beach Team
Keller Williams Realty Destin
| |
|
10/17/2015
|
1 Bed
|
2 Bath
|
719 ft²
|
$289,900
1 Bed
2 Bath
719 ft²
|
$265,000
-8.59%
01/04/2016
|
Heather E Jeanneret
Southern Beach Realty LLC
| |
|
06/08/2015
|
2 Bed
|
2 Bath
|
949 ft²
|
$445,000
2 Bed
2 Bath
949 ft²
|
$417,000
-6.29%
01/19/2016
|
Rick Gonzalez
LAKE O REAL ESTATE, LLC
| |
|
05/27/2015
|
1 Bed
|
2 Bath
|
719 ft²
|
$245,000
1 Bed
2 Bath
719 ft²
|
$240,000
-2.04%
12/30/2015
|
Ed & Terri Smith
RE/MAX Coastal Properties
| |
|
05/16/2015
|
1 Bed
|
2 Bath
|
719 ft²
|
$249,900
1 Bed
2 Bath
719 ft²
|
$245,000
-1.96%
01/13/2016
|
Tim Shepard
Destin Real Estate
| |
|
12/03/2014
|
1 Bed
|
2 Bath
|
719 ft²
|
$244,900
1 Bed
2 Bath
719 ft²
|
$239,900
-2.04%
02/13/2015
|
The Kelly Group Team
Keller Williams Realty Destin
| |
|
06/04/2014
|
1 Bed
|
2 Bath
|
765 ft²
|
$240,000
1 Bed
2 Bath
765 ft²
|
$226,500
-5.63%
07/18/2014
|
At The Beach Team
Keller Williams Realty Destin
| |
|
02/11/2014
|
2 Bed
|
2 Bath
|
949 ft²
|
$410,000
2 Bed
2 Bath
949 ft²
|
$391,000
-4.63%
05/28/2014
|
At The Beach Team
Keller Williams Realty Destin
| |
|
12/30/2013
|
1 Bed
|
2 Bath
|
719 ft²
|
$249,000
1 Bed
2 Bath
719 ft²
|
$225,000
-9.64%
03/05/2014
|
Sharon Gross
Keller Williams Realty Destin
| |
|
10/24/2013
|
1 Bed
|
2 Bath
|
719 ft²
|
$255,000
1 Bed
2 Bath
719 ft²
|
$237,500
-6.86%
11/15/2013
|
Jane Araguel
RE/MAX Coastal Properties
| |
|
09/17/2012
|
1 Bed
|
2 Bath
|
719 ft²
|
$239,990
1 Bed
2 Bath
719 ft²
|
$230,000
-4.16%
11/05/2012
|
Linda Tramontana
Coldwell Banker Realty
| |
|
10/27/2011
|
2 Bed
|
2 Bath
|
945 ft²
|
$170,400
2 Bed
2 Bath
945 ft²
|
$167,000
-2.00%
04/04/2012
|
Patricia Williams
REALTY ONE GROUP MVP
| |
|
07/01/2009
|
1 Bed
|
2 Bath
|
719 ft²
|
$199,900
1 Bed
2 Bath
719 ft²
|
$199,900
01/12/2012
|
Charles Corsentino
Beacon Management Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017