Seller's Agent in 2023
Courtney Pantalena
Coldwell Banker Realty
(850) 738-4881
5 in this area
165 Total Sales
1002 Highway 98 E Unit 1006 Destin, FL 32541
Estimated Value: $508,000 - $585,000
1
Bed
2
Baths
873
Sq Ft
$787/ mo
HOA Fee
Highlights
- Beach
- Property fronts gulf or ocean
- Heated In Ground Pool
- Destin Elementary School Rated A-
- Deeded access to the beach
- Primary Bedroom Suite
About This Home
As of December 2023Welcome to a beachfront paradise on the 10th floor of the Pelican Beach Resort; a true gem that beautifully combines comfort, luxury, and awe-inspiring Gulf views. This exquisite unit is a dream come true for beach enthusiasts and astute investors alike. Offered fully furnished and with a strong rental history, it's primed to deliver immediate investment revenue.
Comprising one bedroom, hallway bunks, two full bathrooms, and a sleeper sofa, this condo comfortably accommodates up to six guests. The open living area gracefully extends to a private balcony, offering unobstructed vistas of the pristine white sand beach and the captivating emerald waters of the Gulf. Immerse yourself in the splendor of picture-perfect sunsets, experiencing coastal living at its finest. The interior boasts stainless steel appliances, a no-carpet policy for easy maintenance, generous closet space, and tasteful new coastal decor that exudes a beachy ambiance. Comprehensive cost-to-own and projected cash flow worksheets are readily available for investors who seek a well-informed investment.
Pelican Beach Resort has recently completed significant exterior improvements. This gated community offers a multitude of amenities to enhance your vacation experience, including direct beach access, a brand-new 114ft Gulf-front swimming pool with sun loungers and a poolside tiki bar, two additional pools, a 12-seat spa, a well-equipped fitness center, on-site dining, tennis courts, a sauna, arcade, and outdoor grilling areas. Covered parking, EV charging stations, and on-site rental management provide a hassle-free ownership experience. With guests returning year after year, it's a true vacationer hotspot.
Nestled in the heart of Destin, you're just moments away from the area's premier attractions, such as Destin Commons, Big Kahuna's Water & Adventure Park, HarborWalk Village, The Track - Destin, and Henderson Beach State Park. Whether you seek a luxurious beach retreat or a shrewd investment, this Pelican Beach Resort condo is the epitome of coastal living. Schedule your showing today, and for out-of-town buyers, a video tour is available to explore this unparalleled opportunity.
Last Agent to Sell the Property
Coldwell Banker Realty License #3504789 Listed on: 11/07/2023
Last Buyer's Agent
Non Member Comp Purposes
Non Member Comp Purposes License #000000000
Property Details
Home Type
- Condominium
Year Built
- Built in 1998
Lot Details
- Property fronts gulf or ocean
HOA Fees
- $787 Monthly HOA Fees
Home Design
- Mirrored Walls
- Concrete Siding
Interior Spaces
- 873 Sq Ft Home
- Furnished
- Ceiling Fan
- Living Room
- Gulf Views
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Built-In Bunk Beds
- Primary Bedroom Suite
- 2 Full Bathrooms
Home Security
Pool
- Heated In Ground Pool
- Spa
Outdoor Features
- Deeded access to the beach
- Balcony
- Gazebo
- Built-In Barbecue
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Central Air
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2033-0010-1006
Community Details
Overview
- Association fees include accounting, ground keeping, insurance, internet service, management, recreational faclty, security, sewer, water, cable TV, trash
- Pelican Beach Resort Condo Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Sauna
- Game Room
- Recreation Room
- Laundry Facilities
- Elevator
Recreation
- Beach
- Tennis Courts
- Community Pool
Security
- Gated Community
- Building Fire Alarm
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2023
Closed on
Dec 8, 2023
Sold by
Heep Michael Lester and Heep Christina Marlene
Bought by
Cili Mehmet Ozan
Seller's Agent
Courtney Pantalena
Coldwell Banker Realty
Buyer's Agent
Non Member Comp Purposes
Non Member Comp Purposes
List Price
$599,900
Sold Price
$590,000
Premium/Discount to List
-$9,900
-1.65%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,018
Avg. Annual Appreciation
-3.36%
Original Mortgage
$301,000
Outstanding Balance
$294,520
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$251,462
Purchase Details
Closed on
Mar 21, 2017
Sold by
Heep Michael L
Bought by
Heep Michael Lester and Heep Christina Marlene
Purchase Details
Closed on
Jul 20, 2012
Sold by
Heep Michael L and Heep Linda E
Bought by
Heep Linda E
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cili Mehmet Ozan | $590,000 | Beach Land And Title | |
| Cili Mehmet Ozan | $590,000 | Beach Land And Title | |
| Heep Michael Lester | -- | Attorney | |
| Heep Linda E | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cili Mehmet Ozan | $301,000 | |
| Closed | Cili Mehmet Ozan | $301,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2023 12/11/23 | Sold | $590,000 | -1.7% | $676 / Sq Ft |
| 11/11/2023 11/11/23 | Pending | -- | -- | -- |
| 11/07/2023 11/07/23 | For Sale | $599,900 | -- | $687 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,507 | $465,000 | -- | $465,000 |
| 2024 | $4,947 | $470,000 | -- | $470,000 |
| 2023 | $4,947 | $455,000 | $0 | $455,000 |
| 2022 | $4,158 | $345,000 | $0 | $345,000 |
| 2021 | $4,015 | $323,300 | $0 | $323,300 |
| 2020 | $3,734 | $300,000 | $0 | $300,000 |
| 2019 | $3,425 | $270,000 | $0 | $270,000 |
| 2018 | $3,217 | $250,500 | $0 | $0 |
| 2017 | $0 | $226,500 | $0 | $0 |
| 2016 | $2,884 | $222,000 | $0 | $0 |
| 2015 | $2,822 | $213,000 | $0 | $0 |
| 2014 | $2,642 | $197,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Courtney Pantalena
-
N
Buyer's Agent in 2023
Non Member Comp Purposes
Non Member Comp Purposes
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 936105
APN: 00-2S-22-2033-0010-1006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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