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940 E Highway 98 #UNIT 44, 
Destin, FL 32541

$499,000


2

Beds


3

Baths


1,191

Sq Ft


Condo

Active

Last updated:

May 21, 2025, 02:45 PM

MLS#

963757

Source:

FL ECAR

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About This Home

940 E Highway 98 #UNIT 44

Wow! Unique opportunity to own one of the rarely available lakefront units at Southbay by the Gulf. This beautiful 2-bedroom, 2.5-bath home offers breathtaking lake views from two spacious balconies. Both bedrooms have en-suite baths and are located on the first floor for added convenience. The second floor showcases an expansive living and dining area along with a full kitchen - all tastefully furnished and rental ready. This updated condo is also equipped with an upstairs half bath, washer/dryer space, and a secluded office nook, making it ideal for relaxation, comfort, and even productivity. There is a designated parking space right outside the front door in addition to overflow parking. As part of the Southbay community, owners and renters can enjoy a myriad of recreational activities, including lighted tennis courts, shuffleboard, fishing, and community BBQ grills. Plus, there are two full-size pools both with kiddie pools beside them. The main highlight is Southbay's 300 feet of private deeded white sand beach access, just a short stroll across the gorgeous lake bridge. Whether you're looking to stay active or unwind by the water, this community offers something for everyone to enjoy. Located close to many retail shops, dining options, and attractions such as Big Kahuna's Water & Adventure Park, this spot offers the best of everything. It's an awesome investment opportunity with rental projections of up to $41,200. Additionally, there is a VA assumable loan opportunity with a balance of $200k at an impressive 2.45% interest rate. Don't miss your chance to own this exceptional property that combines luxury living with the beauty of lakefront views by the beach!

Home Facts

Condo

3 Baths

2 Bedrooms

Built in 1974

Price Summary

499,000

$418 per Sq. Ft.

MLS #:

963757

Last Updated:

May 21, 2025, 02:45 PM

Added:

6 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

1,191 Sq. Ft.


Structure

Structure

Building Area:

1,191 Sq. Ft.

Year Built:

1974


Finances & Disclosures

Finances

Price:

$499,000

Price per Sq. Ft:

$418 per Sq. Ft.

940 E Highway 98 #UNIT 44
Source:FL ECAR
The information being provided by Emerald Coast AOR/Data Services of the Gulf Coast is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast AOR/Data Services of the Gulf Coast. Coldwell Banker Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Realty, a broker participant of Emerald Coast AOR/Data Services of the Gulf Coast. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast AOR/Data Services of the Gulf Coast and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Emerald Coast AOR/Data Services of the Gulf Coast. All rights reserved.

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