NOT LISTED FOR SALE

1002 Highway 98 E Unit 1203 Destin, FL 32541

Estimated Value: $508,000 - $561,000

1 Bed
2 Baths
873 Sq Ft
$787/ mo HOA Fee

Last Sold July 07, 2023

Last sale price $555,000 $636 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,033/month

116 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Primary Bedroom Suite
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Gated Community

About This Home

As of July 2023

Pelican Beach resort #1203 is ready for new owners! Located in the ''sweet spot'' of Pelican Beach Resort, unit #1203 boasts endless views of the Gulf. Assessments have been paid in full. Everything in unit conveys and rental ready. Rental income for 2022 was $48,448.65. YTD rentals and bookings are at $7,164.32. New 114 ft. zero entry pool right on beach w/12-seat spa, tennis court, covered parking, TIKI bar, Cafe, game room, sauna. Unit is a vacation rental subject to bookings

Last Agent to Sell the Property

Brett Pasquariello

Adams Real Estate Inc License #3249689 Listed on: 02/13/2023

Last Buyer's Agent

Sheila Whitehead

Neese Realty Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1998

Lot Details

  • 10

HOA Fees

  • $787 Monthly HOA Fees

Interior Spaces

  • 873 Sq Ft Home
  • Living Room
  • Gulf Views

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Schools

  • Destin Elementary And Middle School
  • Destin High School

Additional Features

  • Deeded access to the beach
  • Property fronts gulf or ocean
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2033-0012-1203

Community Details

Overview

  • Pelican Beach Resort Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1998

Lot Details

10 Acres

HOA Fees

$787 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PELICAN BEACH RESORT CONDO
  • Directions: HWY 98 E across from Big kahunas
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1998
  • Remarks Misc:Remarks: Pelican Beach resort #1203 is ready for new owners! Located in the ''sweet spot'' of Pelican Beach Resort, unit #1203 boasts endless views of the Gulf. Assessments have been paid in full. Everything in unit conveys and rental ready. Rental income for 2022 was $48,448.65. YTD rentals and bookings are at $7,164.32. New 114 ft. zero entry pool right on beach w/12-seat spa, tennis court, covered parking, TIKI bar, Cafe, game room, sauna. Unit is a vacation rental subject to bookings
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Master Bedroom:First: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Gated Community, Pool, Sauna/Steam Room
  • Association #2 Fee: 787.43
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2033-0012-1203
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Jul 7, 2023
Sold by
Hamlett Family Revocable Living Trust
Bought by
Rock Town Realty Group Llc
Seller's Agent
Brett Pasquariello
Adams Real Estate Inc
Buyer's Agent
Sheila Whitehead
Neese Realty Inc
List Price
$614,900
Sold Price
$555,000
Premium/Discount to List
-$59,900
-9.74%
Views
123
Current Estimated Value
$535,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,313
Avg. Annual Appreciation
-1.30%

Purchase Details

Closed on
Jul 9, 2003
Sold by
Hamlett Jack P and Hamlett Nancy J
Bought by
Hamlett Jack P and Hamlett Nancy J
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rock Town Realty Group Llc $555,000 None Listed On Document
Hamlett Jack P -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $555,000 -3.5% $636 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
05/16/2023 05/16/23 Price Changed $575,000 -4.0% $659 / Sq Ft
04/07/2023 04/07/23 Price Changed $599,000 -2.6% $686 / Sq Ft
02/13/2023 02/13/23 For Sale $614,900 -- $704 / 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 $3,208 $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

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 916956

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2033-0012-1203

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