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$480,000
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Property Description
Your Destin Escape + Rental Ready!This furnished 3BR/2.5BA townhome is perfectly placed in the heart of Destin -- just steps from deeded beach access to those famous sugar-white sands! Enjoy the convenience of being close to dining, shopping, and entertainment while tucked into a relaxed, resort-style community with pools, hot tub, pickle ball courts, and beautiful landscaping! Whether you're dreaming of your own beach getaway or looking for a solid short-term rental investment, this unit checks all the boxes: great layout, fully furnished, and strong rental history. Live here full-time, use it as your vacation home, or let it earn for you when you're away -- your coastal lifestyle awaits!
Full Property Details
Full Property Details for 940 Hwy 98 #31
General
- Price: $480,000
- Status: Active
- Type: Townhouse
- Source: Emerald_Coast
- MLS ID: 987275
- Updated: 11/10/2025
- Added to Site: 99 day(s) ago
Interior
- Rooms/Areas: Bedroom, Kitchen, Living Room, Master Bedroom
- Interior Features: Floor Laminate, Furnished - All, Owner's Closet, Washer/Dryer Hookup, Window Treatment All
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Additional Information
- Shared Amenities: BBQ Pit/Grill, Beach, Deed Access, Dumpster, Fishing, Pets Allowed, Pickle Ball, Picnic Area, Pool, Separate Storage, Tennis, TV Cable, Waterfront
- Pool: Yes
Exterior
- Exterior Features: Patio Open
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: South Bay By The Gulf
- Driving Directions: Turn into South Bay By The Gulf off of Highway 98. Unit is across from first pool which is the second building on the left.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Fort Walton Beach
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric
Utilities
- Utility Description: Electric, Public Sewer, Public Water, TV Cable
Structural Information
- Architectural Style: Townhome
- Construction: Roof Composite Shngl, Siding CmntFbrHrdBrd, Siding Wood, Slab
- Stories/Levels: 2
- Square Feet: 1,289
- Sq. Ft. Source: Appraiser
- Year Built: 1974
Lot Features
- Lot Features: Within 1/2 Mile to Water
- Zoning: City, Resid Multi-Family
Financial Considerations
- Assessment Amount: $810
- Assmt Payment Freq: Monthly
- Terms: Conventional
Disclosures and Reports
- Legal Description: SOUTHBAY BY THE GULF UNIT C-2
- Assessment: Yes
- APN: 00-2S-22-4200-00C2-0000
Listed by Realty ONE Group Emerald Coast
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Schools
Schools serving 940 Hwy 98 #31
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 1.4 mi |
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 3.4 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 9.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 940 Hwy 98 #31
Date
Details
Price
Change
Source
10/10/2025
Listed
$480,000
13.74%
MLS
11/29/2021
Sold
$422,000
—
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 940 Hwy 98 #31
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,254
5%
$375,000
—
2024
$4,052
4%
$375,000
—
2023
$3,904
52%
$375,000
79%
2021
$2,566
-18%
$210,000
-19%
2022
$3,133
22%
$260,000
41%
2021
$2,566
16%
$185,000
6%
2019
$2,220
2%
$175,000
3%
2018
$2,183
25%
$170,000
27%
2017
$1,751
1%
$134,000
—
2016
$1,741
-8%
$134,000
5%
2015
$1,888
—
$128,000
—
2014
$1,893
9%
$128,000
12%
2013
$1,734
—
$114,000
—
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 940 Hwy 98 #31
940 Highway 98 #31, Destin, FL 32541 (MLS# 987275) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 940 Highway 98 #31 is currently listed for $480,000 and was received on October 10, 2025. Want to learn more about 940 Highway 98 #31? 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.

