Schedule Tour
$495,000

940 Highway 98

Destin, FL
Active
3
Bedrooms
2.5
Bathrooms
1,289
Square Feet
1974
Year Built
241
Days On Market

Welcome to South Bay by the Gulf. Please consider this beautifully maintained condo in the South Bay by the Gulf community in the heart of Destin, Florida. This 1,289 square foot, 3-bedroom, 2.5-bath unit offers an ideal opportunity as a full-time or second home, or short-term vacation rental. Positioned on 14 acres, this family-friendly community of 109 townhomes stretches from Highway 98 to the Gulf of Mexico, enjoying 300 feet of private, deep white sand beach along a low-density shoreline. The unit features an open living and dining floor plan with a sleeper sofa, a fully equipped kitchen, a private landscaped patio, an in-unit washer and dryer, and a functional bedroom layout including a primary suite with private bath, two guest bedrooms, a shared full bath, and a downstairs half-bath. Community amenities include two swimming pools (one seasonally heated), private beach access, a 5-acre freshwater lake stocked with turtles and ducks, a kiddie pool, grilling areas, tennis and pickleball courts, shuffleboard, and beachside volleyball. Conveniently located to Big Kahuna's Water & Adventure Park and just minutes from popular Destin dining and entertainment such as McGuire's Irish Pub, AJ's Seafood & Oyster Bar, and Margaritaville, this property combines coastal lifestyle appeal with strong rental and investment potential.

Listing Information

Listing Updated
08/14/2026
Listed By
Christopher L Wooten · Taylor Allen Properties LLC
MLS#
994642
Source
Emerald Coast Association of REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
940 Highway 98 #UNIT 16, Destin, FL 32541
City
Destin
County
Okaloosa
Neighborhood
SOUTH BAY BY THE GULF
Zip Code
32541

Architecture

Bedrooms
3
Bathrooms
2.5
Stories
2
Year Built
1974
Style
N/A
Construction Materials
Wood Siding, Frame
Building Area
1,289 sq. ft.
Levels
Two
Garage Spaces
0

Features & Amenities

Interior Features
Pantry
Appliances
Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Disposal, Self Cleaning Oven
Flooring
Tile
Patio and Porch
Patio, Porch
Community Features
Pool, Tennis Court(s)
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Electric, Central

Property Features

Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available

Square Footage

Total
1,289 sq. ft.

Tax & Financial Information

List Price
$495,000
Annual Taxes
$4,441
Association Fee
$860 (paid Monthly)
Fee Includes
Trash, Maintenance Grounds, Water, Sewer, Insurance, Cable TV, Internet, Security

Schools

76/100
Destin Elementary School
Elementary · Grades PK–04 · 1.3 mi
City
Destin
Students
940
Parent reviews
5.0★ avg · 2 reviews
Student body
71% White · 14% Hispanic / Latino · 7% Two or More Races
Free/reduced lunch
34%
Phone
(850) 833-4360
52/100
Destin High School
High · Grades 09–12 · 2.1 mi
City
Destin
Students
557
Student body
77% White · 10% Hispanic / Latino · 7% Black
Free/reduced lunch
18%
Phone
(850) 424-1664
52/100
Destin Middle School
Middle · Grades 05–08 · 3.3 mi
City
Destin
Students
734
Student body
78% White · 11% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
30%
Phone
(850) 833-7655

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
02/06/2026Listed for sale$495,000

Listed by Christopher L Wooten · Taylor Allen Properties LLC


IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

Let's work together

Start Your Real Estate Journey

Whether you have questions about this listing, want to schedule a showing, or just want to talk through your options, Alene Civil is here to help. Reach out and expect a response within one business day.

How can I help?

Alene Civil is here to help. Reach out and expect a response within one business day.

Lending calculator

Make A Plan For Your Purchase

Know what you can afford before you start shopping — then run the numbers on any home you have in mind.

How much house can I afford?

$500,000
You can afford
$0
Monthly payment
  • Principal & interest
  • Property taxes
  • Homeowner's insurance
  • HOA dues

Enter your income, debts, and down payment to see how much home you may qualify for. Estimates only — not a lending decision.

Want to know more?

Keisha is here to help. Reach out and expect a response within one business day.

Mortgage pre-approval

Your Next Chapter Starts With Just A Few Steps

Before you fall in love with a home, know what you can afford. Fill out a quick pre-approval so you're ready to make your move — on your timeline.

Keisha
Durand
Keisha
LO NMLS: #972729

Pre-approval made easy

We're here to help you find the best option, not to help the best option find you. Trust that your information will not be shared with many different lenders like so many platforms do.