940 Highway 98 Unit 36, Destin, FL 32541 (MLS# 990969)

940 Highway 98 Unit 36, Destin, FL 32541

$538,500

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

Current Price: $538,500 List Date: 12/08/2025 Last Modified: 12/12/2025

Description

Here is your chance to own the nicest unit available in Southbay! This beautifully renovated / fully furnished 3BD/2.5BA Townhome (1289 sq. ft.) in Southbay by the Gulf. This unit features 2 stories with a large, open floor plan on the main level and 3 bedrooms upstairs with a complete renovation in 2023. Nearly everything is new. As a self managed STR, this did $58K in 2024 at only 50% occupancy. Sellers also use it a good amount. Remove owner usage to rent it more aggressively and watch the revenue climb!! Easy beach access as well as a quick drive to everything Destin has to offer.

Supplements: You will love all the new features: New painting, Murals done, panels done, New furniture and beds except for bunk beds, HVAC system replaced, New washing machine, New kitchen burner, Schlage door lock, Ring door camera and ring perimeter camera. HOA installed a new ball and tennis court, New walking bridge and new roof on the property.

More Information MLS# 990969

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 417.77 List Date: 2025-12-08 Current Price: $538,500 List Price: $538,500

Location, Tax and Legal

Unit #: Unit 36 Sub Area: 1401 - Destin Beach West Elementary School: Destin Middle School: Destin High School: Destin Legal Description: SOUTHBAY BY THE GULF UNIT F-3

General Property Info

Sub-Type: Attached Single Unit Design: Townhome SqFt Source: County PA Records Immediate Occupancy: Yes Garage: No Carport: No Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 1289 Bedrooms: 3 Full Baths: 2 Half Baths: 1 Total Bathrooms: 3 # Stories: 2 Year Built: 1975

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: Yes New Buyer Fee Amt: 150 New Buyer Fee Paid: $ Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Here is your chance to own the nicest unit available in Southbay! This beautifully renovated / fully furnished 3BD/2.5BA Townhome (1289 sq. ft.) in Southbay by the Gulf. This unit features 2 stories with a large, open floor plan on the main level and 3 bedrooms upstairs with a complete renovation in 2023. Nearly everything is new. As a self managed STR, this did $58K in 2024 at only 50% occupancy. Sellers also use it a good amount. Remove owner usage to rent it more aggressively and watch the revenue climb!! Easy beach access as well as a quick drive to everything Destin has to offer.

Construction Status

Construction Complete: 1

Waterview

Lake: 1

Lot Features

Within 1/2 Mile to Water: 1

Project Facilities

BBQ Pit/Grill: 1 Beach: 1 Community Room: 1 Dumpster: 1 Fishing: 1 Gated Community: 1 Laundry: 1 Pavillion/Gazebo: 1 Pets Allowed: 1 Picnic Area: 1 Pool: 1 Short Term Rental - Allowed: 1 Tennis: 1 TV Cable: 1

Construction/Siding

Frame: 1 Roof Composite Shngl: 1 Siding Wood: 1 Slab: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Zoning

Resid Multi-Family: 1

Exterior

Balcony: 1 Deck Open: 1 Pool - Heated: 1 Pool - In-Ground: 1 Tennis Court: 1

Interior

Floor Laminate: 1 Furnished - All: 1 Newly Painted: 1 Renovated: 1 Washer/Dryer Hookup: 1

Financing

Conventional: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven Self Cleaning: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1 Water Heater - Elect: 1

Master Bedroom

Second: 1

Bedroom

Second: 1

Kitchen

First: 1

Living Room

First: 1

Rooms

Bedroom: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Insurance: 1 Internet Service: 1 Land Recreation: 1 Master Association: 1 Recreational Faclty: 1 Security: 1 Sewer: 1 Trash: 1 TV Cable: 1 Water: 1

Status Change Info

Status: Active

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-22-4200-00F3-0000

Property Features

Construction Status: Construction Complete Lot Features: Within 1/2 Mile to Water Zoning: Resid Multi-Family Waterview: Lake Project Facilities: BBQ Pit/Grill; Beach; Community Room; Dumpster; Fishing; Gated Community; Laundry; Pavillion/Gazebo; Pets Allowed; Picnic Area; Pool; Short Term Rental - Allowed; Tennis; TV Cable Exterior: Balcony; Deck Open; Pool - Heated; Pool - In-Ground; Tennis Court Interior: Floor Laminate; Furnished - All; Newly Painted; Renovated; Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Microwave; Oven Self Cleaning; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: Second Bedroom: Second Kitchen: First Living Room: First Rooms: Bedroom; Kitchen; Living Room; Master Bedroom Financing: Conventional Fees Include: Accounting; Ground Keeping; Insurance; Internet Service; Land Recreation; Master Association; Recreational Faclty; Security; Trash; TV Cable; Water

Room Information

Living Room Level: First Dimensions: 17 x 16 Length: 17.00 Width: 16.00 Dimensions: 17 x 16 Kitchen Level: First Dimensions: 12 x 8 Length: 12.00 Width: 8.00 Dimensions: 12 x 8 Master Bedroom Level: Second Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Bedroom Level: Second Dimensions: 10 x 10 Length: 10.00 Width: 10.00 Dimensions: 10 x 10 Bedroom Level: Second Dimensions: 10 x 9 Length: 10.00 Width: 9.00 Dimensions: 10 x 9

Documents

Listing Office: EXP Realty LLC

Last Updated: December - 12 - 2025

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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