$520,000
SOLD MAY 30, 2025

1002 Highway 98 E Unit 1605 Destin, FL 32541

1 Bed
2 Baths
775 Sq Ft
$910/mo HOA Fee

Recently Sold

$671 Per Sq Ft

10% Below List Price

81 Days on Market

Highlights

  • Beach
  • Parking available for a boat
  • Deeded access to the beach
  • Destin Elementary School Rated A-
  • Property fronts gulf or ocean
  • Heated In Ground Pool

About This Home

As of May 2025

Turnkey Gulf-Front Retreat - Unit #1605 at The Resorts of Pelican Beach

Welcome to The Resorts of Pelican Beach, a beautifully updated 1-bedroom, 2-bathroom, and hallway bunks Gulf-front condo in the heart of Destin, Florida. This turnkey rental-ready unit boasts a strong rental history, making it a fantastic investment opportunity or the perfect personal getaway.

Step inside to find a bright and airy living space with floor-to-ceiling windows showcasing breathtaking views of the emerald-green gulf. The open-concept layout features a fully equipped kitchen with a breakfast bar, seamlessly flowing into the inviting living area. The spacious primary suite offers comfort and tranquility, while the built-in hallway bunks provide additional sleeping space, making this condo ideal for families or rental guests. With two full bathrooms, convenience and comfort are at their best. Step onto your private balcony to take in panoramic Gulf views and enjoy Destin's stunning sunsets.

Located within the gated beachfront resort of Pelican Beach, this property offers unmatched amenities, including a private beach, multiple pools (including a Gulf-front pool and an indoor heated pool), a hot tub, a fitness center, tennis courts, a tiki bar, and an on-site cafe. Just minutes away, you'll find world-class dining, shopping, golf, and entertainment.

Whether you're looking for a high-performing rental property or your own slice of paradise, Unit #1605 is the perfect choice. Fully furnished and rental-ready, this condo is an exceptional opportunity to own a piece of Destin's beautiful Gulf Coast.

=I Don't miss this incredible beachfront opportunitycontact us today for details or to schedule a showing!

Last Agent to Sell the Property

Courtney Stubley

The Premier Property Group Seacrest Office License #3415972 Listed on: 02/18/2025

Last Buyer's Agent

Courtney Stubley

The Premier Property Group Seacrest Office License #3415972 Listed on: 02/18/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,947

Year Built

  • Built in 1998

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $910 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking available for a boat
  • RV Access or Parking
  • Deeded Parking

Home Design

  • Concrete Siding

Interior Spaces

  • 775 Sq Ft Home
  • Furnished
  • Living Room
  • Dining Area
  • Gulf Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Built-In Bunk Beds
  • 2 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2033-0016-1605

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, management, recreational faclty, security, sewer, water, cable TV, trash
  • Pelican Beach Resort Condo Subdivision
  • 20-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Recreation Room
  • Laundry Facilities
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,947

Year Built

Built in 1998

Lot Details

0

HOA Fees

$910 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PELICAN BEACH RESORT CONDO
  • Directions: West on 98, turn left into Pelican Beach complex
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1998
  • Remarks Misc:Remarks: Turnkey Gulf-Front Retreat - Unit #1605 at The Resorts of Pelican Beach Welcome to The Resorts of Pelican Beach, a beautifully updated 1-bedroom, 2-bathroom, and hallway bunks Gulf-front condo in the heart of Destin, Florida. This turnkey rental-ready unit boasts a strong rental history, making it a fantastic investment opportunity or the perfect personal getaway. Step inside to find a bright and airy living space with floor-to-ceiling windows showcasing breathtaking views of the emerald-green gulf. The open-concept layout features a fully equipped kitchen with a breakfast bar, seamlessly flowing into the inviting living area.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Energy:Heat Pump Air To Air: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Hallway Bunk Beds
  • Stories: 20
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Furnished - All: Yes
  • Interior:Hallway Bunk Beds: Yes

Exterior Features

  • Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony, Hot Tub
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Boat, Covered, Deeded, RV
  • General Property Info:Garage2: Yes
  • Parking Features:Boat: Yes
  • Parking Features:Covered: Yes
  • Parking Features:RV: Yes
  • Parking Features:Deeded: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pickle Ball, BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Gated Community, Laundry, Pool, Sauna/Steam Room, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 910.2
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Management, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2033-0016-1605

Tax Info

  • Tax Annual Amount: 4947.1
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
May 30, 2025
Sold by
Roberts Francis
Bought by
Pp1605 Llc
Seller's Agent
Courtney Stubley
The Premier Property Group Seacrest Office
Buyer's Agent
Courtney Stubley
The Premier Property Group Seacrest Office
List Price
$575,000
Sold Price
$520,000
Premium/Discount to List
-$55,000
-9.57%
Views
17
Current Estimated Value
$524,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,629
Avg. Annual Appreciation
1.37%

Purchase Details

Listed on
Aug 23, 2012
Closed on
Dec 11, 2012
Sold by
Dorris Group Lp
Bought by
Roberts Francis
Seller's Agent
Peggy Simonds Morgan
Aquatic Resort Properties Inc
Buyer's Agent
Donna Gentle
Rulnick Realty Inc
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
Jul 8, 2004
Sold by
Dorris Alan L
Bought by
Dorris Group Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,750
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2002
Sold by
Walters Ronald H and Walters Diana K
Bought by
Bentz Reece C and Bentz Kathryn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,550
Interest Rate
6.92%
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 Type Sale Price Title Company
Warranty Deed $520,000 None Listed On Document
Warranty Deed $215,000 Touchstone Land Title Inc
Quit Claim Deed $402,800 --
Warranty Deed $537,000 Touchstone Land Title Inc
Warranty Deed $249,500 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $402,750 New Conventional
Previous Owner $224,550 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2025 05/30/25 Sold $520,000 -5.5% $671 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
05/05/2025 05/05/25 Price Changed $550,000 -4.3% $710 / Sq Ft
02/18/2025 02/18/25 For Sale $575,000 +167.4% $742 / Sq Ft
12/14/2012 12/14/12 Sold $215,000 0.0% $246 / Sq Ft View Prior Sale
11/16/2012 11/16/12 Pending -- -- --
08/23/2012 08/23/12 For Sale $215,000 -- $246 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $5,470 $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: 968875

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2033-0016-1605