NOT LISTED FOR SALE

1002 Highway 98 E Unit 1109 Destin, FL 32541

Destin Area

Estimated Value: $567,199

1 Bed
2 Baths
873 Sq Ft
1998 Built

Sale Details

Date Sold: February 16, 2023

Last sale price $630,000 $722 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,662 / mo

30 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated Community
  • Destin Elementary School Rated A-
  • Primary Bedroom Suite
  • Community Pool

About This Home

As of February 2023

Welcome to Pelican Beach Resort unit #1109. Fully updated and rental ready!! Kitchen boasts fantasy brown granite counter tops and stainless-steel appliances. AC unit replaced in 2019. Porcelain tile throughout the entire unit. 2021 Gross rental income was $65k+ and 2022 is at $65k+ YTD. Amenities include 3 pools, two of them heated in the winter. New 114 ft. zero entry pool right on beach w/12-seat spa, tennis court, covered parking, TIKI bar, Cafe, game room, sauna.

Last Agent to Sell the Property

Brett Pasquariello

Adams Real Estate Inc License #3249689 Listed on: 12/09/2022

Last Buyer's Agent

Jilenna Parmeley

LAH Real Estate at the Beach

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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1998

Lot Details

  • Property fronts gulf or ocean

Interior Spaces

  • 873 Sq Ft Home
  • Living Room
  • Gulf Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Heating and Cooling System
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2033-0011-1109

Community Details

Amenities

  • Community Barbecue Grill
  • Game Room
  • Meeting Room

Recreation

  • Beach
  • Community Pool

Additional Features

  • Pelican Beach Resort Condo Subdivision
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1998

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PELICAN BEACH RESORT CONDO
  • Directions: Across from Big Kahunas, South side 98.
  • Architectural Style: N/A
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 1

Exterior Features

  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Property Condition: Construction Complete

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Game Room, Gated, Pool, Waterfront

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-2033-0011-1109

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 16, 2023
Sold by
Vanveckhoven Thomas A and Vanveckhoven Cynthia R
Bought by
Seller's Agent
Brett Pasquariello
Adams Real Estate Inc
Buyer's Agent
Jilenna Parmeley
LAH Real Estate at the Beach
List Price
$639,000
Sold Price
$630,000
Premium/Discount to List
-$9,000
-1.41%
Views
10
Current Estimated Value
$567,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,801
Avg. Annual Appreciation
-2.87%
Original Mortgage
$565,000
Outstanding Balance
$541,539
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$25,660

Purchase Details

Listed on
Jan 14, 2016
Closed on
Apr 18, 2016
Sold by
Layton Larry V and Layton Judy D
Bought by
Vanveckhoven Cynthia R and Vanveckhoven Thomas A
Seller's Agent
Cat Stevens
C&R Sun Properties LLC
Buyer's Agent
Cat Stevens
C&R Sun Properties LLC
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%
Original Mortgage
$228,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2012
Sold by
Simmons James T
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 15, 2012
Sold by
Wells Fargo Bank Na
Bought by
Layton Larry and Layton Judy D

Purchase Details

Closed on
Nov 9, 2011
Sold by
Simmons James T
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 16, 2004
Sold by
Truss Christopher
Bought by
Simmons James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2001
Sold by
G S Development Llc
Bought by
Truss Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,300
Interest Rate
7.16%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$630,000 --
Vanveckhoven Cynthia R $285,000 --
Wells Fargo Bank Na -- Attorney
Layton Larry $211,300 Landsafe Title
Wells Fargo Bank Na $130,300 None Available
Simmons James T $495,000 --
Truss Christopher $207,000 Lighthouse Land Title Compan
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $565,000
Previous Owner Vanveckhoven Cynthia R $228,000
Previous Owner Simmons James T $358,000
Previous Owner Truss Christopher $186,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2023 02/16/23 Sold $630,000 -1.4% $722 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
12/09/2022 12/09/22 For Sale $639,000 +124.2% $732 / Sq Ft
04/15/2016 04/15/16 Sold $285,000 0.0% $326 / Sq Ft View Prior Sale
02/28/2016 02/28/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $285,000 -- $326 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,208 $250,500 $0 $0
2017 $2,960 $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

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 913166

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2033-0011-1109

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