940 highway 98

Destin, FL 32541

$495,000

3 BEDS 3 BATHS
Residential - Condo
Image 1: Southbay 16 #1
Image 2: Screenshot 2026-02-03 at 3.15.25PM
Image 3: Southbay 16 #3
Image 4: Southbay 16 #4
Bedrooms 3
Total Baths 3
Status Active
MLS # 994642
County Okaloosa
More Info
Category Residential - Condo
Status Active
MLS # 994642
County Okaloosa
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.

Exterior Features

  • Style N/A
  • Construction Condo
  • Garage No
  • Sewer Public Sewer

Interior Features

  • Appliances Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Water Heater - Elect
  • Heating Central
  • Year Built 1974
  • Stories 2

Neighborhood & Schools

  • Subdivision SOUTH BAY BY THE GULF
  • Elementary School Destin
  • Middle School Destin
  • High School Destin

Financial Information

  • Parcel ID 00-2S-22-4200-00B7-0000

Listing Information

Listing Provided Courtesy of Taylor Allen Properties LLC
Emerald Coast Association of REALTORS
Listing data is current as of 08/25/2026.

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