1048 Highway 98 UNIT 1705, Destin, FL 32541

$2,450,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,491 Status: Sold
Current Price: $2,492,000 List Date: 11/06/2023 Last Modified: 10/29/2024

Description

This 17th-floor, luxury penthouse offers spacious living spaces, world-class amenities, and gorgeous unobstructed views of the Gulf of Mexico. The penthouse is located in the desirable Silver Beach Towers in Destin, FL. with 2941 sq feet 3 Gulf front primary bedrooms, 3.5 baths and a 2 car, private parking garage with a beach storage closet! Enjoy panoramic views of the Gulf of Mexico from the floor to ceiling windows in the living room, kitchen, dining room, and all three primary bedrooms! Purchase this condo as a primary residence, second home, or investment property. The projected income for this condo is $184,800/year making this a very desirable short term rental investment.

Supplements: This condo has an open floor plan on the first floor and was professional painted and decorated with a contemporary coastal design featuring soft hues of gray, neutral textures, and wood tones. Enter the foyer and get blown away with double high ceilings (20 ft) in the living room and floor to ceiling glass windows and doors! The living room was decorated with a handcrafted upholstery couch, designer chairs, coffee table, rug, side tables, wrought iron side tables, a contemporary storage hutch, and a wall mounted flat screen TV. Sliding glass doors lead to the large, open patio overlooking the white sandy beaches. Relax in the newly furnished patio décor, including a couch, stationary chair, two pivoting chairs, end tables, and a coffee table. The fully stocked, gourmet kitchen features a side by side stainless steel GE Monogram refrigerator with ice maker, a Frigidaire Gallery double wall oven, built in microwave, Kitchen Aide dishwasher and 5 burner GE Monogram smooth stove top. There are granite countertops with a natural stone travertine backsplash and mosaic. The peninsula is a raised bar covered in travertine and seats 6 guests. The kitchen also features trayed ceilings, a pantry, and custom cabinetry. Adjoining the kitchen is a large owner's closet and a nearby half bath. The dining room features floor to ceiling windows with unobstructed gulf views and a sliding glass door to the open patio overlooking the Gulf and has recently been remodeled to include a designer chandelier, art work, a new dining room table that seats six with grey designer upholstery chairs. All three primary bedrooms are large and feature unobstructed Gulf views, floor to ceiling windows, custom drapery and/or blinds. Wall art, bedding, lamp shades, ceiling fans, many furnishings and flooring has been updated to modern gray, white, and natural wood tones. New flooring has been added to the primary bedrooms, stairs, and landing. Two of the primary bedrooms and bathrooms are located on the 2nd floor. Two of the primary bathrooms have trayed ceilings, double vanities, large, walk in travertine showers with a bench, large Jacuzzi tubs, separate water closets, and linen closets. The third primary bathroom features a walk in, tiled shower with a bench and a large single vanity with plenty of storage. All three of the gulf front primary bedrooms feature walk in closets. There are custom closet systems in two of the primary bedroom closets. The separate laundry room features custom cabinetry, a wash basin, and whirlpool washer and dryer. The condo has an open patio overlooking one of most gorgeous beaches in the world and the patio has been outfitted with new outdoor furnishings to include a couch, stationary chair, two pivoting chairs, end tables, and a coffee table. This condo features walls of windows which bring in natural light throughout. Silver Beach Towers offers 600 ft of deeded beach access with beach chair service, tennis, basketball courts, outdoor grilling, two resort style Gulf front pools featuring waterfalls, hot tubs, and a luxury welcome lobby for guests! Silver Beach Towers Homeowners Association also derives income from ancillary business services offsetting HOA fees helping keep HOA fees lower while providing top notch beach service, amenities and maintenance of the condominium In addition, this condo is located near world class golf courses, Henderson Beach State Park, Destin Harbor walk, and some of the finest shopping and dining on the Emerald Coast. This is a rare opportunity to own in one of the most coveted condominiums in our paradise, Destin, FL. Let the endless views of the coastline and sky melt your stress away and leave you breathless! The buyer to verify all dimensions and information.

More Information MLS# 935515

Status Change Info

Sold Price/SqFt: 983.54 Status: Sold Under Contract Date: 2023-12-14 Sold Date: 2023-12-28 Sold Price: $2,450,000

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 1000.4 List Date: 2023-10-27 Current Price: $2,450,000 List Price: $2,492,000

Location, Tax and Legal

Unit #: UNIT 1705 Sub Area: 1401 - Destin Beach West Elementary School: Destin Middle School: Destin High School: Fort Walton Beach Legal Description: SILVER BEACH TOWERS WEST PENTHOUSE 1705 AND PARKING #28/#29

General Property Info

Sub-Type: Condominium Design: N/A SqFt Source: County PA Records Balcony SqFt: 188 Stories In Unit: 2 # of Units in Bldg: 96 Stories in Building: 18 Unit Floors Above Ground: 17 Immediate Occupancy: Yes Pre-Const Flip: No Garage: Yes Carport: No Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 2491 Bedrooms: 3 Full Baths: 3 Half Baths: 1 Total Bathrooms: 4 Year Built: 2004 Garage Spaces: 2

Listing Info, Tax & Legal

Who Paid Doc Stamps: Seller Who Paid Title: Buyer Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 4011 Annual Assessment Amount: 16044 Assessment Paid: Quarterly New Buyer Fee: Yes New Buyer Fee Amt: 100 New Buyer Fee Paid: $ Last Taxes: 16842 Last Tax Year: 2023 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: This 17th-floor, luxury penthouse offers spacious living spaces, world-class amenities, and gorgeous unobstructed views of the Gulf of Mexico. The penthouse is located in the desirable Silver Beach Towers in Destin, FL. with 2941 sq feet 3 Gulf front primary bedrooms, 3.5 baths and a 2 car, private parking garage with a beach storage closet! Enjoy panoramic views of the Gulf of Mexico from the floor to ceiling windows in the living room, kitchen, dining room, and all three primary bedrooms! Purchase this condo as a primary residence, second home, or investment property. The projected income for this condo is $184,800/year making this a very desirable short term rental investment.

Waterfront

Gulf: 1

Construction Status

Construction Complete: 1

Parking Features

Garage: 1 Garage Detached: 1

Waterview

Gulf/Pass: 1

Project Facilities

BBQ Pit/Grill: 1 Beach: 1 Dumpster: 1 Elevators: 1 Fishing: 1 Picnic Area: 1 Pool: 1 Separate Storage: 1 Tennis: 1 TV Cable: 1 Waterfront: 1 Whirlpool: 1

Construction/Siding

Concrete: 1 Roof Concrete: 1 Stucco: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Exterior

Balcony: 1 Sprinkler System: 1

Interior

Breakfast Bar: 1 Ceiling Crwn Molding: 1 Ceiling Raised: 1 Floor WW Carpet: 1 Furnished - All: 1 Lighting Recessed: 1 Owner's Closet: 1 Pantry: 1 Split Bedroom: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1

Financing

Conventional: 1

Appliances

Auto Garage Door Opn: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Oven Self Cleaning: 1 Refrigerator: 1 Refrigerator W/IceMk: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - 2 or More: 1 AC - Central Elect: 1 Ceiling Fans: 1 Double Pane Windows: 1 Heat Cntrl Electric: 1 Tinted Windows: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Cultured Mrble: 1 MBath Double Vanity: 1 MBath Garden Tub: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBath Whirlpool: 1 MBed Balcony: 1 MBed First Floor: 1 MBed Sitting Area: 1 MBed Walk-in Closet: 1 MBed Waterfront: 1

Master Bedroom

First: 1 Second: 1

Bedroom

Second: 1

Kitchen

First: 1

Half Bathroom

First: 1

Rooms

Bedroom: 1 Foyer: 1 Full Bathroom: 1 Great Room: 1 Half Bathroom: 1 Kitchen: 1 Laundry: 1 Loft: 1 Master Bathroom: 1 Master Bedroom: 1 Terrace: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Insurance: 1 Internet Service: 1 Legal: 1 Management: 1 Master Association: 1 Repairs/Maintenance: 1 Sewer: 1 Telephone: 1 Trash: 1 TV Cable: 1 Water: 1

Location Tax and Legal

Area: 14 - Destin Street #: 1048 Street Name: Highway 98 State: FL Zip Code: 32541 County: Okaloosa Project Name/Subdivision: SILVER BEACH TOWERS Parcel ID: 00-2S-22-2317-00PH-1705

Property Features

Construction Status: Construction Complete Waterfront: Gulf Waterview: Gulf/Pass Parking Features: Garage; Garage Detached Project Facilities: BBQ Pit/Grill; Beach; Dumpster; Elevators; Fishing; Picnic Area; Pool; Separate Storage; Tennis; TV Cable; Waterfront; Whirlpool Exterior: Balcony; Sprinkler System Interior: Breakfast Bar; Ceiling Crwn Molding; Ceiling Raised; Floor WW Carpet; Furnished - All; Lighting Recessed; Owner's Closet; Pantry; Split Bedroom; Washer/Dryer Hookup; Window Treatment All Appliances: Auto Garage Door Opn; Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Refrigerator; Refrigerator W/IceMk; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat Cntrl Electric; Tinted Windows; Water Heater - Elect Master Bedroom: First; Second Bedroom: Second Kitchen: First Half Bathroom: First Rooms: Bedroom; Foyer; Full Bathroom; Great Room; Half Bathroom; Kitchen; Laundry; Loft; Master Bathroom; Master Bedroom; Terrace Financing: Conventional Fees Include: Accounting; Ground Keeping; Insurance; Internet Service; Legal; Management; Master Association; Repairs/Maintenance; Sewer; Telephone; Trash; TV Cable; Water

Room Information

Kitchen Level: First Dimensions: 11 x 15 Length: 11.00 Width: 15.00 Remarks: Stainless Appliances Dimensions: 11 x 15 Foyer Level: First Dimensions: 6.6 x 13 Length: 6.60 Width: 13.00 Dimensions: 6.6 x 13 Great Room Level: First Dimensions: 25.7 x 18 Length: 25.70 Width: 18.00 Dimensions: 25.7 x 18 Terrace Level: First Dimensions: 25 x 8.5 Length: 25.00 Width: 8.50 Dimensions: 25 x 8.5 Master Bedroom Level: First Dimensions: 12.8 x 16.5 Length: 12.80 Width: 16.50 Dimensions: 12.8 x 16.5 Master Bathroom Level: First Dimensions: 10 x 10.7 Length: 10.00 Width: 10.70 Dimensions: 10 x 10.7 Half Bathroom Level: First Dimensions: 6.6 x 5.7 Length: 6.60 Width: 5.70 Dimensions: 6.6 x 5.7 Loft Level: Second Dimensions: 11.8 x 10.7 Length: 11.80 Width: 10.70 Dimensions: 11.8 x 10.7 Master Bedroom Level: Second Dimensions: 12.8 x 16.5 Length: 12.80 Width: 16.50 Remarks: Gulf Front Master Bedroom 1st floor Dimensions: 12.8 x 16.5 Master Bathroom Level: Second Dimensions: 13.5 x 10.3 Length: 13.50 Width: 10.30 Remarks: Gulf Front 2nd Floor Master 2 Dimensions: 13.5 x 10.3 Laundry Level: Second Dimensions: 7.2 x 8.4 Length: 7.20 Width: 8.40 Dimensions: 7.2 x 8.4 Bedroom Level: Second Dimensions: 12.3 x 17.7 Length: 12.30 Width: 17.70 Remarks: Gulf Front Guest Bedroom Dimensions: 12.3 x 17.7 Full Bathroom Dimensions: 5.8 x 8 Length: 5.80 Width: 8.00 Remarks: Huge Guest Bathroom Shower Dimensions: 5.8 x 8
Listing Office: Keller Williams Realty FWB
Last Updated: October - 29 - 2024
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