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3 Beds
3 Baths
1,289 sqft

$495,000

940 Highway 98 UNIT 16, Destin FL, 32541

Price per sqft$384.02
Built in1974
Property size1,289 sqft
Property typeCondominium

Overview

Active

Listed Aug 14, 2026

Updated Aug 15

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.

$3,293/mo

Est. mortgage payment based on a $495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
994642

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$4,441
Tax Frequency
Annually
MLS provider logo

Courtesy of Taylor Allen Properties LLC, 
Listing Contact: 850-502-9900 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Coastal Villages Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:13 AM UTC, 8/15/2026

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