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$449,900 -$10,000 (-2.17%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,191 Sq. Ft.
  • Updated 1 day ago
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Welcome to your completely renovated 2 Bed, 2.5 Bath REO oasis in Destin. This turn-key unit features stunning views of the serene Lake of South Bay-perfect for a peaceful primary home or high-yield rental. The interior boasts a chic, modern makeover: LVP flooring throughout, fresh paint, and a chef-ready kitchen with elegant granite tops and brand-new stainless steel appliances. This unit was originally built in 1974 and is just under 1200sf. HOA has just installed a new dimensional shingle and continue to make updates to the exterior decking on many of these unit. A must see. Schedule your showing today!

Full Property Details for 940 E Hwy 98 #UNIT 54

General

  • Price: $449,900
  • Status: Active
  • Type: Condo
  • Source: Emerald_Coast
  • MLS ID: 986331
  • Updated: 4/13/2026
  • Added to Site: 199 day(s) ago

Rental Information

  • Complex Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Separate Storage, Tennis, TV Cable,

Interior

  • Number of Rooms: 5
  • Interior Features: Newly Painted, Pantry, Washer/Dryer Hookup, Woodwork Painted
  • Appliances: Dishwasher, Microwave, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
  • Flooring: Floor Laminate, Floor Tile

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Pool: Yes
  • Pool Description: Pool Type

Exterior

  • Exterior Features: Balcony
  • Porch/Patio/Deck: Patio Open

Location

  • Area: 14 - Destin
  • County: Okaloosa
  • Subdivision: SOUTH BAY BY THE GULF #2
  • Driving Directions: From Hwy 98, Turn South at South Bay Sign. Follow to the end of the parking lot on the left. Unit is the end unit in the last bank of units on the left.

School Information

  • Elementary School: Destin
  • Middle School: Destin
  • High School: Destin

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Ground Keeping, Insurance, Internet Service, Legal, Licenses/Permits, Management, Security, 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

  • Construction: Siding CmntFbrHrdBrd
  • Exterior Const.: Siding CmntFbrHrdBrd
  • Stories/Levels: 2
  • Square Feet: 1,191
  • Sq. Ft. Source: County PA Records
  • Year Built: 1974

Lot Features

  • Property View: Lake

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Lake

Financial Considerations

  • Assessment Amount: $860

Disclosures and Reports

  • Special Conditions: Real Estate Owned
  • Legal Description: SOUTHBAY BY THE GULF UNIT G-1
  • APN: 00-2S-22-4200-00G1-0000
  • Property ID: 00-2S-22-4200-00G1-0000

Listed by Assurance Realty of NWFL LLC

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Listing agent

— 940 E Hwy 98 #UNIT 54 —

  • Assurance Realty of NWFL 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 #UNIT 54

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 #UNIT 54 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Price Reduced
$449,900
-2.17%
MLS
1/20/2026
Price Reduced
$459,900
-2.15%
MLS
12/10/2025
Price Reduced
$470,000
-2.06%
MLS
11/01/2025
Price Reduced
$479,900
-2.04%
MLS
9/27/2025
Listed
$489,900
122.68%
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 #UNIT 54

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 #UNIT 54

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Down Payment
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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

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Listed by Assurance Realty of NWFL LLC

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Listed by Jackie Riel

940 E Highway 98 #UNIT 54, Destin, FL 32541 (MLS# 986331) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 940 E Highway 98 #UNIT 54 is currently listed for $449,900 and was received on September 27, 2025. Want to learn more about 940 E Highway 98 #UNIT 54? 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.

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