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For sale
  • $1,199,000

    940 Highway 98 E Unit 124, Destin, FL 32541

    3beds
    1,596sqft
    : 
    $7,274/mo
    Get pre-qualified
    Condominium
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $751/sqft
    $-- HOA

    What's special

    Secluded gated communityTwo swimming poolsResort-style groundsLighted tennis courtsBeach volleyballTwo kiddie pools
    New Photos Coming Next Week! Escape to this beautifully situated Beach Front 3-bedroom, 3.5-bathroom townhome at Southbay by the Gulf. These Gulf front towhomes do not come up often and are rental machines! Tucked within a secluded, gated community boasting over 300 feet of private Gulf-front beach, Unit 124 offers 3 decks overlooking the Gulf. Southbay's resort-style grounds include two swimming pools, two kiddie pools, lighted tennis courts, shuffleboard, beach volleyball, and a scenic 5-acre freshwater lake -- all just minutes from Destin's best dining, shopping, golf, and deep-sea fishing. A true Gulf Coast retreat for family getaways.
    1 day
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    419
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    26
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua B Kline 850-259-9038,

    Emerald Coast Vacation Rentals & Sales

    Source: ECAOR,MLS#: 1009821MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Third
      • Area: 209 Square Feet
      • Dimensions: 19 x 11
      Bedroom
      • Level: First
      • Area: 143 Square Feet
      • Dimensions: 13 x 11
      Bedroom
      • Level: First
      • Area: 110 Square Feet
      • Dimensions: 11 x 10
      Dining area
      • Level: Second
      • Area: 64 Square Feet
      • Dimensions: 8 x 8
      Kitchen
      • Level: Second
      • Area: 55 Square Feet
      • Dimensions: 11 x 5
      Living room
      • Level: Second
      • Area: 209 Square Feet
      • Dimensions: 19 x 11
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Flooring: Tile
      • Doors: Storm Door(s)
      • Windows: Window Treatments
      • Furnished: Yes
      Interior area
      • Total structure area: 1,596
      • Total interior livable area: 1,596 sqft

      Property

      Parking
      • Total spaces: 2
      Features
      • Patio & porch: Covered
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Waterfront features: Gulf
      Details
      • Parcel number: 002S22420000T50000

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Siding CmntFbrHrdBrd
      • Roof: Shingle
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 1974

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Fishing, Pavillion/Gazebo, Pool, TV Cable, Tennis Court(s), Waterfront
      • Subdivision: SOUTHBAY BY THE GULF
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Insurance, Legal, Management, Sewer, Cable TV, Trash, Water, Internet
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $751/sqft
      • Tax assessed value: $800,000
      • Annual tax amount: $9,474
      • Date on market: 8/13/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/13/2026Listed for sale$1,199,000+49.9%$751/sqft
        Source: ECAOR #1009821 Report a problem
        2/5/2024Listing removed--
        Source: ECAOR #830972 Report a problem
        2/4/2021Sold$800,000-3%$501/sqft
        Source: Public Record Report a problem
        1/20/2021Pending sale$824,900$517/sqft
        Source: ECAOR #830972 Report a problem
        12/23/2020Listed for sale$824,900+3.2%$517/sqft
        Source: ECAOR #830972 Report a problem
        8/3/2020Listing removed$799,500$501/sqft
        Source: Holiday Isle Sales Inc #835793 Report a problem
        5/15/2020Price change$799,500-11.2%$501/sqft
        Source: Holiday Isle Sales Inc #835793 Report a problem
        2/26/2020Listed for sale$899,900+71.4%$564/sqft
        Source: Holiday Isle Sales Inc #835793 Report a problem
        2/15/2013Sold$525,000$329/sqft
        Source: ECAOR #579566 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,475 0%$800,000
        2024$9,477 +2%$800,000
        2023$9,292 +11.7%$800,000 +15.9%
        2022$8,315 +14.5%$690,000 +2.2%
        2021$7,263 +10.4%$675,000 +12.5%
        2020$6,578 +25%$600,000 +44.6%
        2019$5,264 -0.7%$415,000 +0.5%
        2018$5,303 $413,000
        2017$5,303 -1.7%$413,000
        2016$5,398 +0.6%$413,000 +2%
        2015$5,365 -3.5%$405,000
        2014$5,558 $405,000 +15.7%
        2013-- $350,000 +12.9%
        2012-- $310,000 -3.4%
        2011-- $321,000 -16.2%
        2010-- $383,000
        2009-- $383,000 -4%
        2008-- $399,000
        2007-- $399,000 +383.1%
        2006-- $82,593
        2005-- $82,593 -79.3%
        2004-- $399,000
        2003-- $399,000 +5%
        2002-- $380,000 +18.8%
        2001-- $320,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 32541

        Getting around

        29 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Destin
        • Middle: Destin
        • High: Destin

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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