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1048 Hwy 98, UNIT 106W, Destin, FL 32541 (MLS# 810657)


$699,500
1048 Hwy 98, UNIT 106W
Destin, FL 32541
MLS# 810657
Status: Sold
2 beds  |  2 baths  |  1672 sqft


1048 Hwy 98, UNIT 106W, Destin, FL 32541
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1048 Hwy 98, UNIT 106W, Destin, FL 32541

Property Description
TOTALLY RENOVATED ground floor Penthouse! New flooring, appliances, A/C, furniture and paint. This condo boasts 1672 sq ft. Other 2/2's in this luxury tower are approximately 1380 sq ft. This property is suitable for full time living. As an investment vacation rental income for 2017/18 grossed approx.$52,800, projections for 2019 are approximately $60K. Priced at over $100.00 per sq ft less than the next listed 2/2 at Sliver Beach this unit has great upside potential. It sold at $1.70M in '04. Parking, secure gated, covered assigned, additional parking within a few steps to private building access via electronic fob, on-site security, 2 pools, spas, and tennis. Located in the heart of Destin makes this property convenient to everything Destin has to offer. Gulf front bedroom with a king

Details
Maps
Status Change Info
Status: Sold
Under Contract Date: 2019-12-15
Sold Date: 2020-02-27
Sold Price: $677,000
Sold Price/SqFt: 404.9
Contract Info
List Date: 2018-11-09
Current Price: $677,000
List Price: $699,500
List Price/SqFt: 418.36
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 14 - Destin
Street #: 1048
Street Name: Hwy 98
Unit #: UNIT 106W
State: FL
Zip Code: 32541
County: Okaloosa
Sub Area: 1401 - Destin Beach West
Project Name/Subdivision: SILVER BEACH TOWERS
Parcel ID: 00-2S-22-2317-00PH-0106
Elementary School: Destin
Middle School: Destin
High School: Fort Walton Beach
Legal Description: SILVER BEACH TOWERS WEST PENTHOUSE 106
General Property Info
Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 1672
Balcony SqFt: 281
SqFt Source: County PA Records
Bedrooms: 2
Full Baths: 2
Total Bathrooms: 2
# Stories: 19
Stories In Unit: 1
Stories in Building: 19
Unit Floors Above Ground: 100
Year Built: 2004
Immediate Occupancy: Yes
Garage Spaces: 1
Pool: Yes
Pool Type: Community
Listing Info, Tax & Legal
Homestead: No
Assessment Fees: Yes
Assessment Amount: 1953
Assessment Paid: Quarterly
Is Subject Leased: No
New Buyer Fee: Yes
New Buyer Fee Amt: 900
New Buyer Fee Paid: $
Brokerage Interest: Owner Outside Licensee - Owner is a licensed real estate broker or salesperson.
As Is: Yes
Remarks & Misc
Remarks: TOTALLY RENOVATED ground floor Penthouse! New flooring, appliances, A/C, furniture and paint. This condo boasts 1672 sq ft. Other 2/2's in this luxury tower are approximately 1380 sq ft. This property is suitable for full time living. As an investment vacation rental income for 2017/18 grossed approx.$52,800, projections for 2019 are approximately $60K. Priced at over $100.00 per sq ft less than the next listed 2/2 at Sliver Beach this unit has great upside potential. It sold at $1.70M in '04. Parking, secure gated, covered assigned, additional parking within a few steps to private building access via electronic fob, on-site security, 2 pools, spas, and tennis. Located in the heart of Destin makes this property convenient to everything Destin has to offer. Gulf front bedroom with a king
Office/Member Info
Single Agent Comp: 2.5
Single Agent Comp Type: %
Trans Broker Comp: 2.5
Trans Broker Comp Type: %
Non-Rep Comp: 1
Non-Rep Comp Type: %
Property Features
Construction Status: Construction Complete
Waterfront: Gulf
Waterview: Gulf
Parking Features: Covered; Guest
Project Facilities: BBQ Pit/Grill; Beach; Dumpster; Elevators; Fishing; Gated Community; Handicap Provisions; Pets Allowed; Picnic Area; Pool; Separate Storage; Tennis; TV Cable; Waterfront; Whirlpool
Construction/Siding: Concrete; Stucco
Exterior: Fenced Lot-All; Hot Tub; Patio Covered; Pool - Heated; Pool - In-Ground; Tennis Court
Interior: Breakfast Bar; Ceiling Raised; Fireplace 2+; Floor Marble; Floor WW Carpet; Furnished - All; Lighting Recessed; Owner's Closet; Pantry; Renovated; Washer/Dryer Hookup; Window Treatment All
Appliances: Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Microwave; Oven Self Cleaning; Range Hood; Refrigerator W/IceMk; Smoke Detector; Smooth Stovetop Rnge; Stove/Oven Electric
Utilities: Electric; Public Sewer; Public Water; TV Cable; Underground
Energy: AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat Cntrl Electric; Tinted Windows; Water Heater - Elect
Mstr Bdrm/Mstr Bath: MBath Separate Shwr; MBath Tile; MBath Whirlpool; MBed Balcony; MBed Carpeted; MBed First Floor; MBed Walk-in Closet; MBed Waterfront
Master Bedroom: First
Bedroom: First
Kitchen: First
Rooms: Bedroom; Dining Room; Foyer; Kitchen; Laundry; Master Bathroom; Master Bedroom
Financing: Conventional; FHA
Fees Include: Accounting; Ground Keeping; Insurance; Internet Service; Legal; Management; Sewer; Trash; TV Cable; Water
Existing Leases: Daily/Weekly
Supplements
bed. Master bath with jetted tub and separate shower. One of the closets could double as an office! The second large bedroom is furnished with two queen beds and has a private bathroom. Granite counter tops and stainless appliances in the kitchen with a huge laundry room. An oversized private patio puts you steps from high end grills, pools and a gated beach access! Silver Beach Towers is one of the nicest condo resorts in Destin. A must see! Owner is a licensed Florida Realtor.
Room Information
Room Name Level Dimensions Length Width Remarks Dimensions
FoyerFirst8 x 58.005.008 x 5
Dining RoomFirst23 x 1623.0016.00Dining/Living Combo23 x 16
Master BedroomFirst17 x 1317.0013.0017 x 13
Master BathroomFirst10 x 810.008.0010 x 8
BedroomFirst17 x 1117.0011.0017 x 11
KitchenFirst12 x 912.009.0012 x 9
LaundryFirst6 x 56.005.006 x 5

Listing Office: Better Homes and Gardens Real Estate Emerald Coast

Last Updated: March - 06 - 2023


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All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.