About This Home

This 2-bedroom, 2-bathroom condo at 1008 Highway 98 #123 in Destin, FL is listed for $1,075,000 ($823 per sqft). Built in 1984, the home offers 1,306 sqft of living space on a N/A lot.

Key Features

  • Built in 1984
  • 1 parking spaces
  • Waterfront

Property Details

2 full
1-car garage
#123
1984

Amenities

WaterfrontA/C
Listing Description

$100,000 IN RENTAL INCOME FOR 2026! - - - - - A rare opportunity to own a proven, high-performing Gulf-front investment at Destin Towers! This 12th-floor, 2-bedroom, 2-bathroom condo is positioned on the sunset side of the building, offering beautiful elevated views and spectacular sunsets over the Emerald Coast The property also includes an assign

ed, covered parking space in the parking garage, adding convenience and value for owners and guests.. - - - - - Located within a gated, directly beachfront condominium complex, Unit 123 puts guests just steps from Destin's famous sugar-white sand and emerald-green Gulf waters.

The combination of $100K in 2026 rental income, a prime 12th-floor location, sunset views and direct beachfront access makes this property an exceptional investment opportunity. - - - - - Destin Towers is ideally located in the heart of Destin, close to some of the area's best restaurants, shopping, entertainment and attractions.

The highly desirable 2-bedroom floor plan is perfect for vacationing families and couples, helping drive strong rental demand. - - - - - Whether you're looking for a turnkey income-producing investment, a second home or the perfect combination of both, this property delivers. Strong rental income + Gulf-front living + an unbeatable Destin location = an opportunity you don't want to miss! - - - - - Buyer and/or buyer's agent to very all information.

Monthly Cost Estimate

$7,254/mo

20% down · 6.5% · 30 years

Principal$777
Interest$4,658
Insurance$314
HOA$1,505

Estimates only. Actual payments may vary.

Location

1008 Highway 98 #123

Destin, FL 32541

DESTIN TOWERS CONDO

Features & Amenities

Exterior Features

BalconyBBQ Pit/GrillTennis Court

Property Details

Construction

Concrete Stucco

Parking

Garage - Detached

Heating

Central

Cooling

Central Air

Questions & Answers

This 2-bedroom, 2-bathroom condo at 1008 Highway 98 is listed at $1,075,000 ($823/sqft). The estimated monthly payment is $7,255 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1505/month.

Key features include: Built in 1984, 1 parking spaces, Waterfront. Exterior Features: Balcony, BBQ Pit/Grill, Tennis Court.

This property is listed by Riley McIlwain.

RM

Riley McIlwain

License 3432179

Agent at 850 Properties

Listed by 850 Properties · Broker phone: (850) 231-2583 · View on Broker Site · Broker website

MLS# 1013973· Source: Emerald Coast Association of Realtors· 7 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1008 Highway 98 #123, Destin, FL 32541

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