brett sells destin

1040 US-98, 404, Destin, FL 32541 (MLS# 938451)

$500,000
1040 US-98, 404
Destin, FL 32541
MLS# 938451
1 beds  |  2 baths  |  719 sqft
Direct Gulf View Lanai
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Direct Gulf View Lanai Direct Gulf View Living and Dining Mirrored wall provides a view of the water from everywhere 1040 US-98, 404, Destin, FL 32541 Designated Private Beach Cabana Shot Hello White Sands! Pull Out Sofa Chair to match! Open Floor Plan Prepare meals while looking out over the Gulf Full Bath Half Bath Bedroom Another view of the bedroom 1040 US-98, 404, Destin, FL 32541 1040 US-98, 404, Destin, FL 32541 Lobby 1040 US-98, 404, Destin, FL 32541 1040 US-98, 404, Destin, FL 32541 1040 US-98, 404, Destin, FL 32541 1040 US-98, 404, Destin, FL 32541 Onsite restaurant and bar On-site bar and restaurant 1040 US-98, 404, Destin, FL 32541 Laundry just down the hall 1040 US-98, 404, Destin, FL 32541 1040 US-98, 404, Destin, FL 32541 1040 US-98, 404, Destin, FL 32541 1040 US-98, 404, Destin, FL 32541 1040 US-98, 404, Destin, FL 32541 1040 US-98, 404, Destin, FL 32541 Gathering place near the coffee shop Coffee and gift shop Gifts and coffee shop What do you need? The on-site store probably has it! Movies Outdoor Tiki bar and snack shack! Indoor pool Gym And the spa with hot tub, steam, and sauna Outdoor pool Balcony at night On the 4th floor above the pool Hot tub by the beach

Property Description
BEACHFRONT 12 CAP! Fully furnished. Nicely Appointed. Turn-Key. Rental Ready. Direct Gulf-front. Sweet-spot elevation. Direct Gulf & Pool views. 4th Floor center. Heart of sunny Destin. Location Location Location! DOCUMENTED rental performance. See detailed figures (attached). Gross rental income of $93,262.00 in 2022, and $83,720.00 in 2023. Moreover, unit is currently operating at nearly 100% occupancy so far this year on short-term rental basis (not a monthly snowbird rate). Sundestin's ongoing remodeling, and maintenance projects seem to be paying off. The upgrades done so far look magnificent (see lobby photos) and the management team is truly committed to staying on top of things and maintaining the resort's reputation as one of the Emerald Coast's Top Resort Destinations

Details
Documents
Status Change Info
Status: Active
Contract Info
List Date: 2023-12-16
Current Price: $500,000
List Price: $500,000
List Price/SqFt: 695.41
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 14 - Destin
Street #: 1040
Street Name: US-98
Unit #: 404
State: FL
Zip Code: 32541
County: Okaloosa
Sub Area: 1401 - Destin Beach West
Project Name/Subdivision: SUNDESTIN INTERNATIONAL CONDO
Parcel ID: 00-2S-22-4555-0000-0404
Elementary School: Destin
Middle School: Destin
High School: Destin
Legal Description: SUNDESTIN INTERNATL CONDO UNIT 404
General Property Info
Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 719
SqFt Source: Building Plan
Bedrooms: 1
Full Baths: 1
Half Baths: 1
Total Bathrooms: 2
Stories In Unit: 1
Stories in Building: 17
Unit Floors Above Ground: 4
Year Built: 1986
Immediate Occupancy: Yes
Pre-Const Flip: No
Garage: No
Carport: No
Pool: Yes
Pool Type: Community
Listing Info, Tax & Legal
Assessment Fees: Yes
Assessment Amount: 734
Annual Assessment Amount: 8808
Assessment Paid: Monthly
Is Subject Leased: No
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: BEACHFRONT 12 CAP! Fully furnished. Nicely Appointed. Turn-Key. Rental Ready. Direct Gulf-front. Sweet-spot elevation. Direct Gulf & Pool views. 4th Floor center. Heart of sunny Destin. Location Location Location! DOCUMENTED rental performance. See detailed figures (attached). Gross rental income of $93,262.00 in 2022, and $83,720.00 in 2023. Moreover, unit is currently operating at nearly 100% occupancy so far this year on short-term rental basis (not a monthly snowbird rate). Sundestin's ongoing remodeling, and maintenance projects seem to be paying off. The upgrades done so far look magnificent (see lobby photos) and the management team is truly committed to staying on top of things and maintaining the resort's reputation as one of the Emerald Coast's Top Resort Destinations
Office/Member Info
Single Agent Comp: 3
Single Agent Comp Type: %
Trans Broker Comp: 3
Trans Broker Comp Type: %
Non-Rep Comp: 1
Non-Rep Comp Type: %
Property Features
Construction Status: Construction Complete
Waterfront: Gulf; Shore - Beach; Unit Waterfront
Waterview: Gulf
Project Facilities: BBQ Pit/Grill; Beach; Community Room; Deed Access; Dumpster; Elevators; Exercise Room; Fishing; Game Room; Gated Community; Handicap Provisions; Laundry; Pets Allowed; Pickle Ball; Picnic Area; Pool; Sauna/Steam Room; Short Term Rental - Allowed; TV Cable; Waterfront; Whirlpool
Construction/Siding: Concrete; Roof Concrete; Roof Flat; Steel; Stucco
Exterior: Balcony; BBQ Pit/Grill; Hot Tub; Pool - Enclosed; Pool - Heated; Pool - In-Ground; Renovated; Sauna/Steam; Shower; Sprinkler System; Tennis Court
Interior: Atrium; Breakfast Bar; Floor Tile; Furnished - All; Furnished - Some; Kitchen Island
Utilities: Electric; Phone; Public Water; TV Cable
Energy: AC - Central Elect; Heat Cntrl Electric; Water Heater - Elect
Master Bedroom: First
Kitchen: First
Rooms: Family Room; Kitchen; Master Bedroom
Fees Include: Accounting; Electricity; Ground Keeping; Insurance; Internet Service; Land Recreation; Master Association; Recreational Faclty; Repairs/Maintenance; Security; Sewer; Telephone; Trash; TV Cable; Water
Existing Leases: Daily/Weekly
Room Information
Room Name Level Dimensions Length Width Remarks Dimensions
KitchenFirst10 x 610.006.00with breakfast bar10 x 6
Family RoomFirst18 x 1418.0014.00Dining/Living18 x 14
Master BedroomFirst13 x 1013.0010.0013 x 10

Listing Office: Fathom Realty FL LLC

Last Updated: March - 12 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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