940 Highway 98 UNIT 16, Destin, FL 32541 (MLS# 994642)

940 Highway 98 UNIT 16, Destin, FL 32541

$495,000

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

Current Price: $495,000 List Date: 2/06/2026 Last Modified: 2/06/2026

Overview

Description

Welcome to South Bay by the Gulf. Please consider this beautifully maintained condo in the South Bay by the Gulf community in the heart of Destin, Florida. This 1,289 square foot, 3-bedroom, 2.5-bath unit offers an ideal opportunity as a full-time or second home, or short-term vacation rental. Positioned on 14 acres, this family-friendly community of 109 townhomes stretches from Highway 98 to the Gulf of Mexico, enjoying 300 feet of private, deep white sand beach along a low-density shoreline.

Supplements: The unit features an open living and dining floor plan with a sleeper sofa, a fully equipped kitchen, a private landscaped patio, an in-unit washer and dryer, and a functional bedroom layout including a primary suite with private bath, two guest bedrooms, a shared full bath, and a downstairs half-bath. Community amenities include two swimming pools ... (Read more)

Listing Details MLS# 994642

Contract Info

List Price/SqFt: 384.02
Listing Board: Emerald Coast

Location Tax and Legal

Area: 14 - Destin
Street #: 940
Street Name: Highway 98
State: FL
Zip Code: 32541
County: Okaloosa
Project Name/Subdivision: SOUTH BAY BY THE GULF
Parcel ID: 00-2S-22-4200-00B7-0000

General Property Info

Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 1289
SqFt Source: County PA Records
Full Baths: 2
Half Baths: Yes
Total Bathrooms: 3
Stories In Unit: 2
# of Units in Bldg: 8
Stories in Building: 2
Unit Floors Above Ground: Yes
Year Built: 1974
Immediate Occupancy: Yes
Pre-Const Flip: No
Garage: No
Carport: No
Street Spaces: 2
Assigned Spaces: Yes
Pool: Yes
Pool Type: Community

Location, Tax and Legal

Unit #: UNIT 16
Sub Area: 1401 - Destin Beach West
Elementary School: Destin
Middle School: Destin
High School: Destin
Legal Description: SOUTHBAY BY THE GULF UNIT B-7

Listing Info, Tax & Legal

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

More Information

Remarks & Misc

Remarks: Welcome to South Bay by the Gulf. Please consider this beautifully maintained condo in the South Bay by the Gulf community in the heart of Destin, Florida. This 1,289 square foot, 3-bedroom, 2.5-bath unit offers an ideal opportunity as a full-time or second home, or short-term vacation rental. Positioned on 14 acres, this family-friendly community of 109 townhomes stretches from Highway 98 to the Gulf of Mexico, enjoying 300 feet of private, deep white sand beach along a low-density shoreline.

Construction Status

Construction Complete: Yes

Project Facilities

Deed Access: Yes
Pool: Yes
Short Term Rental - Allowed: Yes
Tennis: Yes

Construction/Siding

Frame: Yes
Siding Wood: Yes

Utilities

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

Exterior

Patio Open: Yes
Porch: Yes

Interior

Floor Tile: Yes
Owner's Closet: Yes
Pantry: Yes
Washer/Dryer Hookup: Yes
Window Treatment All: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Oven Self Cleaning: Yes
Refrigerator: Yes
Refrigerator W/IceMk: Yes

Energy

AC - Central Elect: Yes
AC - High Efficiency: Yes
Ceiling Fans: Yes
Heat Cntrl Electric: Yes
Storm Doors: Yes
Water Heater - Elect: Yes

Mstr Bdrm/Mstr Bath

MBed Walk-in Closet: Yes

Master Bedroom

Second: Yes

Bedroom

Second: Yes

Kitchen

First: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Kitchen: Yes
Master Bedroom: Yes

Fees Include

Accounting: Yes
Ground Keeping: Yes
Insurance: Yes
Internet Service: Yes
Legal: Yes
Licenses/Permits: Yes
Management: Yes
Security: Yes
Sewer: Yes
Trash: Yes
TV Cable: Yes
Water: Yes

Property Features

Construction Status: Construction Complete Project Facilities: Deed Access; Pool; Short Term Rental - Allowed; Tennis Exterior: Patio Open; Porch Interior: Floor Tile; Owner's Closet; Pantry; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Refrigerator; Refrigerator W/IceMk Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; AC - High Efficiency; Ceiling Fans; Heat Cntrl Electric; Storm Doors; Water Heater - Elect Master Bedroom: Second Bedroom: Second Kitchen: First Rooms: Bedroom; Dining Room; Kitchen; Master Bedroom Fees Include: Accounting; Ground Keeping; Insurance; Internet Service; Legal; Licenses/Permits; Management; Security; Trash; TV Cable; Water

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Dining Room	First	19 x 17	19.00	17.00	Dining/Living Combo
Kitchen	First	14 x 8	14.00	8.00
Master Bedroom	Second	12 x 12	12.00	12.00
Bedroom	Second	11 x 10	11.00	10.00
Bedroom	Second	10 x 9	10.00	9.00

Listing Office: Taylor Allen Properties LLC

Last Updated: February - 06 - 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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