940 E Highway 98 UNIT 44, Destin, FL 32541

$499,000

bedrooms

bathrooms

square feet

1,191

Acreage

0.0

Open Houses

year built

1974

Full Baths

Half Baths

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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!

Location
Subdivision	South Bay By The Gulf
County	Okaloosa
Elementary School	Destin
Middle School	Destin
High School	Destin

Driving directions

Open houses

None scheduled.

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MLS number: 963757

Listing agent: Courtney Pantalena

Listing broker: Coldwell Banker Realty (850) 501-1545

Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 3:23 p.m. EDT

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