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1040 Highway 98

Destin, FL 32541

1 bd 2 ba 766 sqft Built 1984 condos
Most recent sale
$570,000
Aug 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 11, 2022 Sold $570,000 Public Record
Aug 10, 2022 Sold $570,000 EmeraldCoast
Jun 29, 2022 Listed $589,000 MLS #902365
Mar 24, 2022 Listed $589,000 MLS #893992
Feb 29, 2016 Sold $200,000 MLS #718017
Dec 10, 2015 Price changed $216,000 MLS #718017
Jul 2, 2015 Listed $225,000 MLS #718017
Nov 15, 2014 Listed $216,000 MLS #718017
Jun 28, 2014 Listing removed $225,000 EmeraldCoast
Apr 18, 2014 Listed $225,000 MLS #703669
Feb 1, 1986 Sold $89,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $309,000 $309,000 $3,659
2024 $309,000 $309,000 $4,916
2023 $415,000 $415,000 $4,957
2022 $264,990 $3,299
2021 $240,900 $3,012
2020 $219,000 $219,000 $2,740
2019 $208,725 $2,649
2018 $189,750 $2,495
2017 $172,500 $172,500 $2,254
2016 $166,500 $166,500 $2,163
2015 $159,000 $159,000 $2,106
2014 $150,000 $1,990
2013 $133,000 $1,798
2012 $132,000 $1,750
2011 $137,000 $1,857
2010 $142,000 $1,892
2009 $203,000 $2,726
2008 $226,000 $3,011
2007 $270,000 $3,586

Property facts

Year built
1984
Property type
condos
Stories
Beds
1
Baths
2
Living area
766 sqft
Lot size
ZIP code
32541
City
Destin
Street
Highway 98
Coordinates
30.38500, -86.46831

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1040 Highway 98 last sell?
1040 Highway 98 most recently sold on Aug 11, 2022 for $570,000.
What is the current tax assessment for 1040 Highway 98?
The most recent total assessment for 1040 Highway 98 (year 2025) is $309,000 with $3,659 in property tax.
How does 1040 Highway 98's assessment compare to its last sale price?
The current assessment is 45.8% below the last sale price of $570,000.
When was 1040 Highway 98 built?
1040 Highway 98 was built in 1984.
How does 1040 Highway 98 compare to others on Highway 98?
We track 8 other properties on Highway 98. Browse the list under "Other properties on Highway 98" to compare beds, baths, and sale history.
What are the property facts for 1040 Highway 98?
1040 Highway 98 is a 1 bed, 2 bath, 766 sqft condos.
Is 1040 Highway 98 a flip candidate?
No — 1040 Highway 98 does not appear in our flips dataset.
Is 1040 Highway 98 a tax-appeal candidate?
No — 1040 Highway 98 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$910.9K
2026 Q4
$906.6K
ZIP 32541 — Median Price History + Forecast

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