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$475,600

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,289 Sq. Ft.
  • Updated 1 day ago

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Welcome to South Bay by the Gulf. Check out this beautifully maintained end unit townhome in the South Bay by the Gulf community in the heart of Destin, Florida. This 1,289 sq ft townhome is 3-bedroom, 2.5-bath unit offers an ideal opportunity as a full-time or second home, or short-term vacation rental. It is being sold FULLY FURNISHED. Positioned on 14 acres, this family-friendly community stretches from Highway 98 to the Gulf. Enjoy 300 feet of private, deep white sand beach along a low-density shoreline. Enjoy the many resort style amenities of South Bay including: 2 pools, 2 kiddie pools, 5 acre fresh water lake, lighted tennis/pickleball courts, shuffle board courts, beach side volley ball, BBQ grilling area and lush grounds made for walking and enjoying the Florida wildlife!

Full Property Details for 940 E Hwy 98 #32

General

  • Price: $475,600
  • Taxes: $4,441 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: Emerald_Coast
  • MLS ID: 997786
  • Updated: 4/13/2026
  • Added to Site: 33 day(s) ago

Rental Information

  • Complex Features: Short Term Rental - Allowed, Beach, Deed Access, Pets Allowed, Pool, Tennis, TV Cable

Interior

  • Number of Rooms: 6
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Pool: Yes
  • Pool Description: Pool Type

Location

  • Area: 14 - Destin
  • County: Okaloosa
  • Subdivision: SOUTHBAY BY THE GULF
  • Driving Directions: Located on the south side of HWY 98, across from Winn Dixie. Going east on HWY 98 make a right into South Bay entrance (Just past West Marine)

School Information

  • Elementary School: Destin
  • Middle School: Destin
  • High School: Fort Walton Beach

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Ground Keeping, Insurance, Internet Service, Land Recreation, Legal, Management, Master Association, Sewer, Water, Cable TV, Trash

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fans, Central Air
  • Heating Type: Central
  • Heating/Cooling: Central, Ceiling Fans, Central Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electric, Public Water, TV Cable

Structural Information

  • Architectural Style: Townhome
  • Stories/Levels: 2
  • Square Feet: 1,289
  • Sq. Ft. Source: County PA Records
  • Year Built: 1974

Lot Features

  • Zoning: Resid Single Family

Financial Considerations

  • Assessment Amount: $860
  • Tax Amount: $4,441.32
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: SOUTHBAY BY THE GULF UNIT C-1
  • APN: 00-2S-22-4200-00C1-0000
  • Property ID: 00-2S-22-4200-00C1-0000

Listed by LPT Realty LLC

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Listing agent

— 940 E Hwy 98 #32 —

  • LPT Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 940 E Hwy 98 #32

School District:Okaloosa County School District
NameGradesDistance
Destin Elementary School
630 Kelly Street, Destin, FL 32541
PK-41.4 mi
Destin Middle School
4608 Legendary Marina Drive, Destin, FL 32541
5-83.4 mi
Fort Walton Beach High School
400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548
9-129.8 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 940 E Hwy 98 #32 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2026
Listed
$475,600
116.18%
MLS
11/24/2015
Sold
$220,000
—
Public Record
Get Price Alerts and Save Property
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 for 940 E Hwy 98 #32

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,850
5%
$355,000
—
2024
$3,674
4%
$355,000
—
2023
$3,549
39%
$355,000
73%
2021
$2,546
-21%
$205,000
-35%
2022
$3,217
26%
$315,000
57%
2021
$2,546
8%
$200,000
8%
2019
$2,347
2%
$185,000
3%
2018
$2,311
6%
$180,000
8%
2017
$2,183
1%
$167,000
—
2016
$2,169
-5%
$167,000
6%
2015
$2,274
7%
$158,000
9%
2014
$2,118
9%
$145,000
12%
2013
$1,937
—
$129,000
—
View All
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 for 940 E Hwy 98 #32

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by LPT Realty LLC

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940 E Highway 98 #32, Destin, FL 32541 (MLS# 997786) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 940 E Highway 98 #32 is currently listed for $475,600 and was received on March 12, 2026. Want to learn more about 940 E Highway 98 #32? Do you have questions about finding other Townhouse real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

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