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940 E Highway 98 44, Destin, FL 32541

Southbay · Okaloosa County

Key Facts

2Beds
3Baths
1,191Sq Ft
1974Year Built

Description

Welcome to this beautifully positioned 2-bedroom, 2.5-bath waterfront townhome in the highly desirable South Bay by the Gulf community. Offering 1,191 sq ft of refined coastal living, this fully furnished, two-story residence features a light-filled open living space, well-appointed kitchen, and two private balconies overlooking serene lake views. Enjoy a resort-style lifestyle with private beach access, swimming pools, tennis courts, and beautifully maintained grounds—all just a few steps away from the sugar-white sands of the Emerald Coast. An exceptional opportunity as a primary residence, second home, or investment property.

Property Information

Property Type

Residential

Sub-Type

Condominium

Style

Contemporary

Year Built

1974

Living Area

1,191 sq ft

MLS® Listing#

681904

Property Features

Interior

Ceiling Fan(s)

Exterior

BalconyBarbecueTennis Court(s)

Appliances

Electric Water HeaterDryerWasherDishwasherRefrigeratorMicrowave

Cooling

Ceiling Fan(s)Central Air

Heating

Central

Flooring

Tile

Pool

In GroundFenced

Lot Features

Waterfront

Construction

ConcreteFrame

Foundation

Slab

Roof

Shingle

Community

PoolTennis Court(s)

Sewer

Public Sewer

Water Source

Public

Rooms

  • 11.6x11First
  • Kitchen

Schools

Elementary:
Local School In County
Middle:
LOCAL SCHOOL IN COUNTY
High:
Local School In County

Financial Details

HOA

$10,320 / Annually

Parcel Number

002S22420000H50000

Directions

From Destin–Fort Walton Beach Airport, head east on Highway 98 (Emerald Coast Pkwy) for approximately 4 miles. Turn right into South Bay by the Gulf (940 Hwy 98 E). After entering the community, follow signs to Unit #44, located toward the interior waterfront/lake area.

Affordability Calculator

$87,800

Estimated monthly payment

$2,337/mo

Principal $351,200 · Est. interest $489,955 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Destin, FL

$639,560
Median Listing Price
115
Median Days on Market
1,500
Median Sq Ft
$460
Median Price / Sq Ft
708
Active Listings
  • This home’s price is 31% below the area median.
  • Its price per sq ft is 20% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Destin, FL.

Location

Map showing the location of 940 E Highway 98 44, Destin, FL 32541

Points of Interest in Destin, FL

Showing the Destin area map.

Nearby Schools

  • Asheford Institute of Antiques

    School · 0.7 mi away

  • Destin Elementary School

    Elementary · 1.3 mi away

  • Destin High School

    Secondary · 2.0 mi away

  • Destin Middle School

    Secondary · 3.1 mi away

  • Eglin Elementary School

    Elementary · 6.8 mi away

  • Shalimar Elementary School

    Elementary · 7.2 mi away

  • Addie R Lewis School

    Elementary · 7.3 mi away

  • Gateway Academy

    School · 7.3 mi away

  • Meigs Middle School

    Secondary · 7.5 mi away

  • Ami Kids Emerald Coast

    School · 7.6 mi away

  • Elliott Point Elementary School

    Elementary · 7.6 mi away

  • Bluewater Elementary School

    Elementary · 7.9 mi away

  • Niceville Head Start

    School · 7.9 mi away

  • Okaloosa County School District

    School · 7.9 mi away

  • Longwood Elementary School

    Elementary · 8.3 mi away

  • Cinco Christian School

    School · 8.4 mi away

  • Emeralds Coast Christian School

    Secondary · 8.6 mi away

  • Saint Mary Catholic School

    Elementary · 8.6 mi away

  • Emerald Coast Autism Center

    School · 8.7 mi away

  • St. Paul Lutheran Church and School of Niceville

    School · 8.7 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Destin

Listing Courtesy: EXP Realty, LLC - 8888838509

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Pensacola Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty are governed by the PAR Rules and Regulations and detailed information about them includes the name of the listing companies. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Copyright ©2026 Pensacola Association of REALTORS®, Inc. All Rights Reserved.

Property is being sold As-Is with right to inspect. Seller makes no warranties or representations as to the condition of the property. Buyer is responsible for verifying all information.

Data provided by Pensacola. MLS® Listing#681904. © 2026EXIT Realty®. All rights reserved.