Rare 2-Story Silver Dunes Condo For Sale

This top-floor two-story Silver Dunes condo at 1030 Highway 98 Unit 40 in Destin has glorious southwesterly views from two balconies. They provide heavenly sunsets over the gulf and magical tropical twilights where you may experience this sensational seascape while enjoying your favorite libations. This 1,200-square-foot condo features two bedrooms with private ensuite baths and an extra half bath that serves as a convenient powder room off the downstairs living area.

Silver Dunes is a lushly landscaped oasis nestled beside some shimmering “silver dunes” overlooking the glittering gulf. Although it is near high-rise luxury towers that covet this beautiful beach in the heart of Destin, the exclusively gated Silver Dunes enclave boasts reduced density in a wonderful world of its own. The low-rise residential vacation properties here are ensembled around a long lawn studded with tropical palm trees that span across to the jewel-toned gulf waters. A sparkling swimming pool crowns the far end of the grounds with sweeping views across the lawn and into the glorious gulf. This pool resembles a huge carafe of blue water and is heated during the cooler times of the year. Besides the deeded access to the beautiful beach, Silver Dunes also features a wading pool for kids, a grill area for fun outdoor cookouts, double tennis courts lighted for night play, pickleball, a fitness room, and a game center. Owners also receive parking spaces and a storage area. The ambiance here at this beachside community is casual, laid back, and very family-friendly. This condominium offers an ideal setting for a delightful beach getaway or can function as a lucrative short-term rental property, generating additional income. Managed by Ocean Reef Resorts, this condo benefits from a robust rental history within our vacation rental program.

This beautifully appointed property, which has been freshly painted and updated, comes with stylish, upscale, comfortable furnishings along with coastal décor. Beach-washed hardwood luxury vinyl flooring flows throughout, while a mirror wall in the downstairs dining area accentuates a spacious look. The open living, dining, and kitchen area on the first floor includes two cream-colored couches that face a wall of sliding glass doors that lead out to the breezy balcony on this level. Adirondack chairs invite you to enjoy the tropical views firsthand with the gleaming gulf in the distance. The couches are flanked by two stylish patterned accent chairs that complete the seating ensemble around a glass front contemporary hardwood cabinet with a large flatscreen TV.

A wet bar off to the side provides a perfect setting for entertainment. It includes an alcove with a mirrored wall, shelving with glasses, a mottled malt-toned granite countertop, and white cabinetry with drawers underneath.

A chic, elegant dining area includes a rectangular glass-topped table beneath a decorative vintage porcelain chandelier, four sleek white high-backed leather chairs, and a matching side bench.

The open state-of-the-art kitchen features brushed stainless steel appliances, white custom cabinetry, and another malt-toned mottled granite-topped entertainment bar. It includes four wide, ebony black saddle stools to enjoy favorite drinks and tasty appetizers. A half bath off the living area serves as a convenient powder room.

The primary bedroom and sunny guest quarters are upstairs with their own ensuite baths. The bright, spacious primary bedroom has a king-size bed with regal white side cabinets with drawers and elegant lamps. It sits beside a wall of sliding glass doors flanked by two salmon-colored armchairs leading out to its own romantic balcony with seating. Here you may enjoy views of the pool area off to one side and vistas of the gorgeous gulf in the distance. The bed faces a wall with mirrored closet doors that frame views of the shimmering seascape and a flatscreen TV mounted on a creamy white cabinet for nighttime viewing pleasure. The large walk-in closet has a convenient full-sized washer and dryer. An ensuite bath includes a tub shower combination. 

The lovely guest bedroom on this level has two charming decorative white metal framed full beds beneath vibrant rainbow-toned window drapes, a twin daybed in an alcove with a colorful abstract tropical painting, and a light caramel-colored dresser with a flat-screen TV. The ensuite bath also has a tub-shower combination.

This outstanding Silver Dunes location in Destin is close to a wide array of great restaurants, lively bars, grocery stores, and shopping adventures. Delightful diversions of all kinds are found nearby at Destin’s renowned golden Americana-styled crown jewel of HarborWalk Village, which sits beside the marina that is home to the largest private charter fishing fleet in North America. This captivating village includes waterfront restaurants, bars with live music, family amusements, outdoor concerts, fun year-round festivals, and exciting seasonal firework celebrations. It also features charter fishing trips, pontoon boat rentals to cruise out to the giant boat party at Crab Island, dolphin sightseeing excursions, magnificent sunset dinner cruises, and even a treasure hunt adventure aboard a large sail-masted boat with a rollicking crew of pirates. The idyllic retail village of Destin Commons is a short distance away, featuring European-styled turret towers, a classic fountain, a kid’s geyser plaza, and pedestrian-friendly avenues lined with Royal palm trees. They meander past a big Bass Pro Shops, fine clothiers, fashion boutiques, shoe shops, jewelers, specialty shops, and a Belk’s Department Store. There are also restaurants with casual bars and an AMC multiplex movie theater.

This wonderfully furnished, two-story, 1,200-square-foot condo with two bedrooms, two ensuite baths, and a half-bath powder room is listed at $699,000, which comes in at $582.50 per square foot. Currently, there are four other condos for sale at Silver Dunes including three 600 square foot units with one bedroom priced from $305,000 to $349,000 along with a two bedroom ground level condo with 980 square feet listed at $525,000. The total average list price for all four other properties is $542.81 per square foot.

If you are interested in purchasing this fully furnished beach vacation residence, which can double as a short-term rental investment property, contact our Ocean Reef Real Estate Sales team today at 877-392-6085. We will provide you with complete details, including a professional comparative market analysis that shows all comparable current listings at Silver Dunes, those pending contract closings, and all that have sold here within the past twelve months. We can also provide current and historical data from our Ocean Reef Resorts property management division showing detailed data for annual gross rental income on this condo. Give us a call today to schedule your private tour!