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$1,075,000 Just Listed
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Property Description
$100,000 IN RENTAL INCOME FOR 2026! - - - - - A rare opportunity to own a proven, high-performing Gulf-front investment at Destin Towers! This 12th-floor, 2-bedroom, 2-bathroom condo is positioned on the sunset side of the building, offering beautiful elevated views and spectacular sunsets over the Emerald Coast The property also includes an assigned, covered parking space in the parking garage, adding convenience and value for owners and guests.. - - - - - Located within a gated, directly beachfront condominium complex, Unit 123 puts guests just steps from Destin's famous sugar-white sand and emerald-green Gulf waters. The combination of $100K in 2026 rental income, a prime 12th-floor location, sunset views and direct beachfront access makes this property an exceptional investment opportunity. - - - - - Destin Towers is ideally located in the heart of Destin, close to some of the area's best restaurants, shopping, entertainment and attractions. The highly desirable 2-bedroom floor plan is perfect for vacationing families and couples, helping drive strong rental demand. - - - - - Whether you're looking for a turnkey income-producing investment, a second home or the perfect combination of both, this property delivers. Strong rental income + Gulf-front living + an unbeatable Destin location = an opportunity you don't want to miss! - - - - - Buyer and/or buyer's agent to very all information.
Full Property Details
Full Property Details for 1008 Hwy 98 #123
General
- Price: $1,075,000
- Taxes: $7,165 (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 1013973
- Updated: 10/20/2026
- Added to Site: 3 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, BBQ Pit/Grill, Beach, Elevators, Gated Community, Tennis, TV Cable, Waterfront, Whirlpool
Interior
- Number of Rooms: 4
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Balcony, BBQ Pit/Grill, Tennis Court
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Garage Detached
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: DESTIN TOWERS CONDO
- Driving Directions: South side of Hwy 98. Across the street from Big Kahuna's waterpark entrance
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Heating/Cooling: Central, Central Air
Utilities
- Utility Description: Electric, Public Water, TV Cable
Structural Information
- Construction: Concrete, Stucco
- Exterior Const.: Concrete, Stucco
- Square Feet: 1,306
- Sq. Ft. Source: Condo Docs
- Year Built: 1984
Lot Features
- Property View: Gulf
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Unit Waterfront, Gulf
Financial Considerations
- Assessment Amount: $1,505
- Tax Amount: $7,165.32
- Tax Year: 2025
Disclosures and Reports
- Legal Description: DESTIN TOWERS UNIT 125
- APN: 00-2S-22-0628-0000-0125
- Property ID: 00-2S-22-0628-0000-0125
Listed by 850 Properties - Santa Rosa Beach
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Schools
Schools serving 1008 Hwy 98 #123
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 1.6 mi |
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 3 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 10.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1008 Hwy 98 #123
Date
Details
Price
Change
Source
10/20/2026
Listed
$1,075,000
85.34%
MLS
8/27/2008
Sold
$580,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1008 Hwy 98 #123
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,165
4%
$605,000
—
2024
$6,870
4%
$605,000
—
2023
$6,601
27%
$605,000
44%
2021
$5,216
-14%
$420,000
-24%
2022
$6,058
16%
$550,000
34%
2021
$5,216
7%
$410,000
6%
2019
$4,884
9%
$385,000
10%
2018
$4,494
3%
$350,000
5%
2017
$4,352
-3%
$333,000
-4%
2016
$4,501
—
$346,500
2%
2015
$4,504
3%
$340,000
4%
2014
$4,385
-1%
$327,000
—
2013
$4,422
—
$327,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1008 Hwy 98 #123
1008 Highway 98 #123, Destin, FL 32541 (MLS# 1013973) is a Condo property with 2 bedrooms and 2 full bathrooms. 1008 Highway 98 #123 is currently listed for $1,075,000 and was received on October 20, 2026. Want to learn more about 1008 Highway 98 #123? Do you have questions about finding other Condo real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

