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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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940 Highway 98 Unit 36 , Destin, FL 32541
$538,400
Est. Payment: $2,730.66/mo
3 Bed
3 Bath
1289 Sqft
Status: active | Days on site: 205
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Here is your chance to own the nicest unit available in Southbay! This beautifully renovated / fully furnished 3BD/2.5BA Townhome (1289 sq. ft.) in Southbay by the Gulf. This unit features 2 stories with a large, open floor plan on the main level and 3 bedrooms upstairs with a complete renovation in 2023. Nearly everything is new. As a self managed STR, this did $58K in 2024 at only 50% occupancy. Sellers also use it a good amount. Remove owner usage to rent it more aggressively and watch the revenue climb!! Easy beach access as well as a quick drive to everything Destin has to offer. You will love all the new features: New painting, Murals done, panels done, New furniture and beds except for bunk beds, HVAC system replaced, New washing machine, New kitchen burner, Schlage door lock, Ring door camera and ring perimeter camera. HOA installed a new ball and tennis court, New walking bridge and new roof on the property.

Highlights

Listed by Peter Appezzato , 212-300-5102 EXP Realty LLC , 888-883-8509. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

1975

County

Okaloosa

Area

14 - Destin

Neighborhood

South Bay By The Gulf

Listing ID

990969

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Laminate
Other:
  • Additional:Newly Painted, Washer/Dryer Hookup

Exterior Features

Lot:Within 1/2 Mile to Water
Zoning:Resid Multi-Family
Others:
  • Additional:Balcony, Tennis Court, Deck Open
Sewer:Public Sewer
Principal Interest
$2,731
Taxes
$343
HOA
$0

Home Price

$538,400

Loan Details

30 yrs
6.529%

Down Payment

20%
$107,680
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,730.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,730.66 $343.23 $0.00 $3,073.89
Yearly $32,767.96 $4,118.76 $0.00 $36,886.72
Total $983,038.76 $123,562.80 $0.00 $1,106,601.56

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Destin, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T07:16:22.000Z

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