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$450,000

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,289 Sq. Ft.
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TURNKEY DESTIN TOWNHOUSE with DEEDED BEACH ACCESS | STR ALLOWED Rental-ready, this furnished 3-bedroom, 2.5-bath townhouse is located in the heart of Destin with deeded beach access to the sugar-white sands. Situated in a beautiful resort-style community featuring multiple pools, hot tubs, pickleball courts, and lush landscaping, the property offers both lifestyle appeal and income potential.The floor plan, fully furnished, and established short-term rental history make this an option for investors, as well as providing flexibility for use as a primary residence, second home, or coastal retreat. Enjoy proximity to beaches, dining, shopping, and local attractions while owning a piece of paradise! Motivated Sellers-Bring Us An Offer!

Full Property Details for 940 Hwy 98 #31

General

  • Price: $450,000
  • Status: Active
  • Type: Townhouse
  • Source: Emerald_Coast
  • MLS ID: 987275
  • Updated: 2/8/2026
  • Added to Site: 144 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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— 940 Hwy 98 #31 —

  • Realty ONE Group Emerald Coast

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 Hwy 98 #31

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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 940 Hwy 98 #31 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/08/2026
Price Reduced
$450,000
-6.25%
MLS
10/10/2025
Listed
$480,000
13.74%
MLS
11/29/2021
Sold
$422,000
—
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 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
—
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 Hwy 98 #31

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

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Listed by Realty ONE Group Emerald Coast

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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 $450,000 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.

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