1040 Highway 98 E UNIT 1514, Destin, FL 32541

1040 Highway 98 E UNIT 1514, Destin, FL 32541

1 bed, 1.5 baths, 765 sqft
Sold: $188,500
Sold on 04/04/12
Zestimate®: $204,858
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If you are looking for a turn key, rental ready, completely renovated condo, this is for you. This is the larger 1 bedroom floor plan at Sundestin. This kitchen has been completely renovated adding more cabinets and counter top space than others of this type. The bathrooms are also new with a maintenance free marble tub. The condo is completely tiled with the larger tile laid diagonally. And of course wall mounted flat screen tv. Most of the furnishings were replaced last year with new accessories. This complex is known for it's great rental income. The guest loyalty is better than most with the guests coming back year after year. Amenities include indoor & outdoor pools, indoor & outdoor hot tubs, indoor sauna and steam room. There is a gift/convenience store, fitness center with new state of the art equipment, and of course don't forget the Endless Summer Bar & Grill. The facility also has meeting rooms and a conference center which brings in added rentals. They have a video arcade and onsite massage therapy, and free dvd movies. This unit brought in over $22,000 in 2011 including some owner usage and long term snowbird. Don't miss this opportunity to own a piece of paradise already earning income. Be sure to check out the pictures!  MoreLess
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Facts
  • Condo
  • Built in 1984
  • Last sold: Apr 2012 for $188,500
  • Price/sqft: $246
Construction
  • Construction quality: 6.0
  • Unit count: 1
Other
  • Floor size: 765 sqft
  • Last remodel year: 1984
  • Parcel #: 002S22455500001514
  • Zillow Home ID: 45974159
Home Values
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$204,858
-$12,390 Last 30 daysd
$186K
$221K
Zestimate range
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$1,326/mo
+$25 Last 30 daysd
$1.1K
$1.6K
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Neighborhood for 1040 Highway 98 E UNIT 1514

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Zillow predicts 32541 home values will increase 1.2% next year, compared to a 0.9% rise for Destin as a whole. Among 32541 homes, this home is valued 29.1% less than the midpoint (median) home, but is valued 18.8% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 32541, the number of foreclosures waiting to be sold is 1.3% higher than in Destin, and 114.7% greater than the national average. This higher local number may prevent 32541 home values from rising as quickly as other regions in Destin.

Learn more about forecast calculations or 32541 home values.
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