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940 Highway 98, Unit UNIT 16
Destin, FL 32541

$495,000 - Status: Active
Bed Icon Beds: 3
Bath Icon Baths: 2 full 1 partial
Sq Feet Icon SQFT (H&C): 1,289
MLS Icon MLS# 994642

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.

Property Features

MLS#: 994642
Zip: 32541
Subdivision: South Bay By The Gulf
Development: 14 - Destin
Property Type: Residential - Condominium
Cooling: Ceiling Fans, Central Air
Days on Site: 161
Heating: Central
Home Style: N/A
Stories: 2.0
Taxes: $4,441
Year Built: 1974
SQFT (H&C): 1,289

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Water Heater - Elect
Association Fee Includes: $0
Community Features: Short Term Rental - Allowed, Deed Access, Pool, Tennis
Exterior: Frame, Siding Wood
Flooring: Floor Tile
HOA: Yes
Interior: Owners Closet, Pantry, Washer/Dryer Hookup
Parcel Number: 00-2S-22-4200-00B7-0000
Patio/Porch: Patio Open, Porch
Pool Features: Pool Type
Property Condition: Construction Complete
Rooms Total: 5
Sewer: Public Sewer
Sub Type: Condominium
Utilities: Electric, Public Water, TV Cable
Window: Window Treatment All

Room Sizes

Dining Room: 19 X 17 Level - First
Kitchen: 14 X 8 Level - First
Primary Bedroom: 12 X 12 Level - Second
Bedroom: 11 X 10 Level - Second
Bedroom: 10 X 9 Level - Second

Local Schools

High School: Destin
Middle School: Destin
Elementary School: Destin

940 Highway 98, Unit UNIT 16 | MLS# 994642

This condo located at 940 Highway 98, Unit UNIT 16, Destin, FL 32541 is currently listed for sale with an asking price of $495,000. This property was built in 1974 and has 3 bedrooms and 2 full and 1 partial baths with 1289 sq. ft. Highway 98, Unit UNIT 16 is located in the SOUTH BAY BY THE GULF subdivision. Search SOUTH BAY BY THE GULF real estate on lwardlaw.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Taylor Allen Properties LLC

Shown By

Agent Name: Lynn Wardlaw
Agent Phone: (404) 867-4332
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 07/17/2026. The listing information on this page last changed on 07/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/17/2026 12:02:20 AM EST) or Emerald Coast MLS (last updated Thu 07/16/2026 11:55:29 PM EST) or Central Panhandle Association of Realtors (last updated Thu 07/16/2026 11:57:22 PM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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