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

Overview

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.

Listing Details MLS# 990969

Contract Info

List Price/SqFt: 417.77
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-22-4200-00F3-0000

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: 1975
Immediate Occupancy: Yes
Garage: No
Carport: No
Pool: Yes
Pool Type: Community

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

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

More Information

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: Yes

Waterview

Lake: Yes

Lot Features

Within 1/2 Mile to Water: Yes

Project Facilities

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

Construction/Siding

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

Utilities

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

Zoning

Resid Multi-Family: Yes

Exterior

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

Interior

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

Financing

Conventional: Yes

Appliances

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

Energy

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

Master Bedroom

Second: Yes

Bedroom

Second: Yes

Kitchen

First: Yes

Living Room

First: Yes

Rooms

Bedroom: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Fees Include

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

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

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

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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