1030 E HWY 98, Destin, FL 32541
1030 E HWY 98, Destin, FL 32541
1030 E HWY 98, Destin, FL 32541
1030 E HWY 98, Destin, FL 32541
1030 E HWY 98, Destin, FL 32541
1030 E HWY 98, Destin, FL 32541
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Listed by Steve Koleno Beycome of Florida LLC
$ 599,000
Est. payment | /mo

2 Beds

2 Baths

960 SqFt


Save
$ 599,000
Est. payment | /mo
Save

2 Beds

2 Baths

960 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 960 sqft

Price per Sqft $623

Subdivision Silver Dunes Condo

MLS Listing ID 1014366

Bedrooms 2

Year Built 1973

Annual Tax Amount $4,820

Tax Year 2025

Property Sub-Type Condominium

Source Emerald Coast Association of REALTORS®

Land Area 960

Property Description

Silver Dunes 206A is an established, fully furnished Gulf-view vacation rental with documented six-figure gross rental revenue and a complete 2023 renovation. More than $100,000 has been invested in improvements and furnishings. Located just steps from Destin's sugar-white beaches and private beach access, this condominium combines a renovated coastal residence with six years of rental operating history. Gross rental revenue totaled $100,115 in 2025, with $106,552 in gross rental receipts reported for 2026. Rental income, occupancy, and operating records are available upon request.

Located on the second and highest floor of a gated, low-rise Gulf-front resort, 206A offers single-level living, convenient elevator access, and a furnished Gulf-view balcony overlooking the landscaped courtyard.

The comprehensive 2023 renovation includes an open-concept living and dining area, luxury vinyl plank flooring, marble countertops, updated appliances, upgraded HVAC systems, custom window treatments, smart-home features, and remodeled bathrooms with a walk-in shower in the primary suite and a Jacuzzi tub with a rainfall shower in the guest bath. Spacious bedrooms, walk-in closets, and premium coastal furnishings complete the residence.

A signed winter lease provides scheduled occupancy through February 28, 2027, subject to its terms. The condominium is sold fully furnished and equipped for vacation rental use, including furniture, appliances, kitchenware, linens, guest inventory, a dedicated beach storage unit, and two owner-owned beach rental sets. Established cleaning, maintenance, and guest-turnover procedures support a smooth transition for the buyer.

Silver Dunes amenities include private beach access, a Gulf-view swimming pool heated to about 86°F from October through May, a children's pool, a landscaped courtyard, a fitness center, an arcade, tennis and basketball courts, grilling areas, guest laundry, EV charging, covered parking, and seasonal beach services. On-site management and maintenance resources add operational ease and convenience.

The $20,000 special assessment for 2025 has been paid. Monthly HOA dues are $1,242 and include water, internet, cable, and resort amenities; electricity is billed separately. With documented rental history, extensive renovations, complete furnishings, included beach storage and rental inventory, and established operating procedures, Silver Dunes 206A offers a distinctive opportunity to acquire a Gulf-view coastal property with an established vacation rental operating framework.

Location

State FL

County Okaloosa

Area 14 - Destin

Direction From US-98 in Destin, enter Silver Dunes at 1030 Highway 98 E. Proceed through the gated entrance and turn right toward the Gulf. Continue to Building A. Unit 206A is on the second/top floor, second door to the left of the elevator.

Rooms

Primary Bedroom Level First

Master Bedroom First

Living Room First

Kitchen First First

Interior

Interior Features Elevator, Owner's Closet

Heating Central

Cooling Ceiling Fans, Central Air

Flooring Floor Vinyl

Furnishings Furnished - All

Window Features Window Treatment All

Appliance Dishwasher, Disposal, Freezer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Electric, Water Heater - Elect

Exterior

Exterior Feature Tennis Court, Renovated, Yard Building, Heated Pool, BBQ Pit/Grill, Outdoor Shower, Balcony

Pool Pool - Heated, Pool Type

Utilities Available Electric, Public Water, TV Cable

Waterfront Description Gulf

Garage No

Building

Lot Description Within 1/2 Mile to Water

Sewer Public Sewer

New Construction No

Schools

Elementary Schools Destin

Middle Schools Destin

High Schools Destin

Others

Tax ID 00-2S-22-2303-000A-0206

Schools and Properties Nearby

Alysa Algiere

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1030 E HWY 98