940 E Highway 98 32, Destin, FL 32541 (MLS# 997786)

940 E Highway 98 32, Destin, FL 32541

$475,600

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,289 Status: Active

Current Price: $475,600 List Date: 3/12/2026 Last Modified: 3/12/2026

Overview

Description

Welcome to South Bay by the Gulf. Check out this beautifully maintained end unit townhome in the South Bay by the Gulf community in the heart of Destin, Florida. This 1,289 sq ft townhome is 3-bedroom, 2.5-bath unit offers an ideal opportunity as a full-time or second home, or short-term vacation rental. It is being sold FULLY FURNISHED. Positioned on 14 acres, this family-friendly community stretches from Highway 98 to the Gulf. Enjoy 300 feet of private, deep white sand beach along a low-density shoreline. Enjoy the many resort style amenities of South Bay including: 2 pools, 2 kiddie pools, 5 acre fresh water lake, lighted tennis/pickleball courts, shuffle board courts, beach side volley ball, BBQ grilling area and lush grounds made for walking and enjoying the Florida wildlife!

Listing Details MLS# 997786

Contract Info

List Price/SqFt: 368.97
Listing Board: Emerald Coast

Location Tax and Legal

Area: 14 - Destin
Street #: 940
Street Direction: E
Street Name: Highway 98
State: FL
Zip Code: 32541
County: Okaloosa
Project Name/Subdivision: SOUTHBAY BY THE GULF
Parcel ID: 00-2S-22-4200-00C1-0000

General Property Info

Sub-Type: Attached Single Unit
Design: Townhome
Apx SqFt(Htd/Cooled): 1289
SqFt Source: County PA Records
Full Baths: 2
Half Baths: Yes
Total Bathrooms: 3
# Stories: 2
Year Built: 1974
Immediate Occupancy: Yes
Garage: No
Carport: No
Pool: Yes
Pool Type: Community

Location, Tax and Legal

Unit #: 32
Sub Area: 1401 - Destin Beach West
Elementary School: Destin
Middle School: Destin
High School: Fort Walton Beach
Legal Description: SOUTHBAY BY THE GULF UNIT C-1

Listing Info, Tax & Legal

Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 860
Annual Assessment Amount: 10320
Assessment Paid: Monthly
New Buyer Fee: Yes
New Buyer Fee Amt: 150
New Buyer Fee Paid: $
Last Taxes: 4441.32
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No

More Information

Remarks & Misc

Remarks: Welcome to South Bay by the Gulf. Check out this beautifully maintained end unit townhome in the South Bay by the Gulf community in the heart of Destin, Florida. This 1,289 sq ft townhome is 3-bedroom, 2.5-bath unit offers an ideal opportunity as a full-time or second home, or short-term vacation rental. It is being sold FULLY FURNISHED. Positioned on 14 acres, this family-friendly community stretches from Highway 98 to the Gulf. Enjoy 300 feet of private, deep white sand beach along a low-density shoreline. Enjoy the many resort style amenities of South Bay including: 2 pools, 2 kiddie pools, 5 acre fresh water lake, lighted tennis/pickleball courts, shuffle board courts, beach side volley ball, BBQ grilling area and lush grounds made for walking and enjoying the Florida wildlife!

Construction Status

Construction Complete: Yes

Project Facilities

Beach: Yes
Deed Access: Yes
Pets Allowed: Yes
Pool: Yes
Short Term Rental - Allowed: Yes
Tennis: Yes
TV Cable: Yes

Utilities

Electric: Yes
Public Sewer: Yes
Public Water: Yes
TV Cable: Yes

Zoning

Resid Single Family: Yes

Financing

Conventional: Yes
FHA: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Energy

AC - Central Elect: Yes
Ceiling Fans: Yes
Heat Cntrl Electric: Yes

Master Bedroom

Second: Yes

Bedroom

Second: Yes

Kitchen

First: Yes

Living Room

First: Yes

Rooms

Bedroom: Yes
Dining Area: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Fees Include

Accounting: Yes
Ground Keeping: Yes
Insurance: Yes
Internet Service: Yes
Land Recreation: Yes
Legal: Yes
Management: Yes
Master Association: Yes
Sewer: Yes
Trash: Yes
TV Cable: Yes
Water: Yes

Property Features

Construction Status: Construction Complete Zoning: Resid Single Family Project Facilities: Beach; Deed Access; Pets Allowed; Pool; Short Term Rental - Allowed; Tennis; TV Cable Appliances: Dishwasher; Dryer; Freezer; Microwave; Refrigerator; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric Master Bedroom: Second Bedroom: Second Kitchen: First Living Room: First Rooms: Bedroom; Dining Area; Kitchen; Living Room; Master Bedroom Financing: Conventional; FHA Fees Include: Accounting; Ground Keeping; Insurance; Internet Service; Land Recreation; Legal; Management; Master Association; Trash; TV Cable; Water

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	19 x 12	19.00	12.00
Dining Area	First	12 x 2	12.00	2.00
Kitchen	First	12 x 5	12.00	5.00
Master Bedroom	Second	18 x 10	18.00	10.00
Bedroom	Second	11 x 11	11.00	11.00
Bedroom	Second	10 x 9	10.00	9.00

Documents

LBP Disc ›

SPD ›

Listing Office: LPT Realty LLC

Last Updated: March - 12 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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