$675,000
●
Condo -
Off Market
950 E HIGHWAY 98 #UNIT6021
Destin, FL 32541
3 Beds
4 Baths,
1
Half Bath
3,800 Ft²
$1,059,567
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Check out this NEW compelling price for a Condo Regency Towers.
Just reduced from $875,000 to $699,000!!! 2nd floor condo that the
owner is ready to sell! This luxurious residence is in pristine
condition and ready for a new owner. Offering 3800 sq. ft this
spacious condo has gorgeous views of the beach and emerald green
waters from the breakfast area, formal dining room and spacious
living room!
Regency Towers is exclusively non-rental and offers the ultimate in privacy. Only two residences per floor!
Regency Towers is exclusively non-rental and offers the ultimate in privacy. Only two residences per floor!
Unit Size
3,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$184
Property Type
Condo
Property Taxes
$740
HOA Dues
$3,705
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 #759440)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2016 | Listed by Southern Beach Realty LLC | $699,000 | |
| Listed by Southern Beach Realty LLC | |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Parking Features: Covered, See Remarks
Interior Details
Bedrooms: 3
Full Bathrooms: 3
Half Bathrooms: 1
Interior Features: Ceiling Crwn Molding, Floor Tile, Floor WW Carpet, Floor WW Carpet New, Furnished - All, Furnished - None, Pantry, Wallpaper, Walls Mirrored, Washer/Dryer Hookup, Wet Bar, Window Treatment All
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
Rooms: 13
Exterior Details
Property Condition: Construction Complete
Year Built: 1983
Construction Materials: Concrete, Steel
Pool Features: Pool Type
Financial Details
Tax Year: 2015
Tax Annual Amount: $8,876
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Utilities: Electric, Public Sewer, Public Water, TV Cable
Location Details
Association Fee Includes: Accounting, Ground Keeping, Insurance, Licenses/Permits, Management, Master Association, Other Utilities, Recreational Faclty, Security, Services, Sewer, Water, Cable TV, Trash
Association Fee Frequency: Quarterly
Association Fee2: $3,705
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 |
|---|---|---|---|---|---|---|---|
|
08/03/2025
|
3 Bed
|
3 Bath
|
-
|
$1,849,000
3 Bed
3 Bath
|
$1,800,000
-2.65%
10/22/2025
|
Robert A Augustine
Corcoran Reverie
| |
|
12/11/2023
|
3 Bed
|
3.5 Bath
|
3648 ft²
|
$2,675,000
3 Bed
3.5 Bath
3648 ft²
|
-
-
|
Robert A Augustine
Corcoran Reverie SRB
| |
|
07/05/2023
|
3 Bed
|
3.5 Bath
|
3800 ft²
|
$2,500,000
3 Bed
3.5 Bath
3800 ft²
|
-
-
|
At The Beach Team
Keller Williams Realty Destin
| |
|
03/18/2023
|
3 Bed
|
3 Bath
|
-
|
$2,799,000
3 Bed
3 Bath
|
$2,650,000
-5.32%
07/24/2023
|
Robert A Augustine
Corcoran Reverie
| |
|
08/16/2022
|
3 Bed
|
4 Bath
|
3648 ft²
|
$2,000,000
3 Bed
4 Bath
3648 ft²
|
$2,251,000
+12.55%
09/15/2022
|
Robert A Augustine
Corcoran Reverie
| |
|
05/31/2022
|
3 Bed
|
4 Bath
|
3648 ft²
|
$2,700,000
3 Bed
4 Bath
3648 ft²
|
-
-
|
Robert A Augustine
Corcoran Reverie SRB
| |
|
08/07/2021
|
3 Bed
|
4 Bath
|
3648 ft²
|
$1,980,000
3 Bed
4 Bath
3648 ft²
|
-
-
|
Wanda L Pitts
Keller Williams Realty SRB
| |
|
04/10/2021
|
3 Bed
|
4 Bath
|
3800 ft²
|
$2,200,000
3 Bed
4 Bath
3800 ft²
|
-
-
|
-
| |
|
05/12/2020
|
3 Bed
|
4 Bath
|
3800 ft²
|
$699,000
3 Bed
4 Bath
3800 ft²
|
-
-
|
-
| |
|
08/22/2016
|
3 Bed
|
4 Bath
|
3800 ft²
|
$699,000
3 Bed
4 Bath
3800 ft²
|
$675,000
-3.43%
06/07/2018
|
Laurie Kelly
Southern Beach Realty LLC
| |
|
03/25/2016
|
3 Bed
|
4 Bath
|
3800 ft²
|
$1,250,000
3 Bed
4 Bath
3800 ft²
|
$1,175,000
-6.00%
04/18/2016
|
JOHN HOLAHAN
Better Homes & Gardens Real Estate Emerald Coast
|
Building Info
About Regency Towers
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Heather E Jeanneret, Southern Beach Realty LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 759440
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 759440
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