NOT LISTED FOR SALE

1002 Highway 98 E Unit 1609 Destin, FL 32541

Estimated Value: $512,000 - $566,000

1 Bed
2 Baths
873 Sq Ft
$352/ mo HOA Fee

Last Sold November 23, 2015

Last sale price $269,500 $309 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,606/month

134 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Deeded access to the beach
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Fishing
  • Sauna

About This Home

As of November 2015

Rental powerhouse in the popular Pelican Beach Resort with a toes-in-the-sand GULF FRONT location on the famed beaches of Destin. Revel in this spacious and fully furnished condo with panoramic views of the Gulf from your balcony and living room. Decorated with the beach and sun in mind, this condo features large tile floors throughout the main living areas and a renovated kitchen with white shaker cabinets and new countertops. The king sized Master Suite has its own private bathroom. The hallway bunks are custom built with wainscoting and individual lighting for each bunk. Easily sleeps 6 with sofa sleeper! Buy now and capture the high dollar summer rental income! Centrally located to all the dining and entertainment Destin is famous for including spas, shopping, golf, fishing and more. Pelican Beach has amazing resort style amenities, including: three swimming pools (one indoor), tennis, huge sun deck, beachfront grill, state-of-the-art fitness center, on-site cafe and sundry shop, 24 hour reservation desk, convention/meeting services and covered parking garage

Last Agent to Sell the Property

John Moran

Keller Williams Realty Destin Listed on: 06/08/2015

Keller Williams Realty Destin

Last Buyer's Agent

Ed Smith

RE/MAX Coastal Properties License #502505

RE/MAX Coastal Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,520

Year Built

  • Built in 1998

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $352 Monthly HOA Fees

Interior Spaces

  • 873 Sq Ft Home
  • Living Room
  • Gulf Views

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2033-0016-1609

Community Details

Overview

  • Pelican Beach Resort Condo Subdivision
  • 21-Story Property

Amenities

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

Recreation

  • Tennis Courts
  • Community Whirlpool Spa
  • Fishing

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,520

Year Built

Built in 1998

Lot Details

10 Acres

HOA Fees

$352 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PELICAN BEACH RESORT CONDO
  • Directions: On Highway 98 across from Big Kahuna's
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 21
  • Year Built: 1998
  • Remarks Misc:Remarks: Rental powerhouse in the popular Pelican Beach Resort with a toes-in-the-sand GULF FRONT location on the famed beaches of Destin. Revel in this spacious and fully furnished condo with panoramic views of the Gulf from your balcony and living room. Decorated with the beach and sun in mind, this condo features large tile floors throughout the main living areas and a renovated kitchen with white shaker cabinets and new countertops. The king sized Master Suite has its own private bathroom. The hallway bunks are custom built with wainscoting and individual lighting for each bunk. Easily sleeps 6 with sofa sleeper! Buy now and capture the high dollar summer rental income!
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Special Features: None
  • Stories: 21

Interior Features

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

Exterior Features

  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Game Room, Laundry, Sauna/Steam Room, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 352.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-2033-0016-1609
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2519.57
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2015
Closed on
Nov 25, 2015
Sold by
Bethany Inc
Bought by
Sumer Sarper and Sumer Onur Topal
Seller's Agent
John Moran
Keller Williams Realty Destin
Buyer's Agent
Ed Smith
RE/MAX Coastal Properties
List Price
$269,500
Sold Price
$269,500
Current Estimated Value
$537,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,280
Avg. Annual Appreciation
6.92%
Original Mortgage
$200,000
Outstanding Balance
$153,004
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$384,776

Purchase Details

Closed on
May 23, 2007
Sold by
Raulerson Ernest Larry and Raulerson Bethany Boerema
Bought by
Bethany Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Sumer Sarper $269,500 Omega Title Llc
Bethany Inc $89,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumer Sarper $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2015 11/23/15 Sold $269,500 0.0% $309 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $269,500 -- $309 / 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 $5,470 $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

  • J

    Seller's Agent in 2015

    John Moran

    Keller Williams Realty Destin

    (850) 654-3325

    118 in this area

    544 Total Sales

    John Moran
    Section Image
  • Ed Smith

    Buyer's Agent in 2015

    Ed Smith

    RE/MAX Coastal Properties

    (850) 259-0602

    65 in this area

    111 Total Sales

    Ed Smith
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 706954

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2033-0016-1609

Florida Okaloosa County Destin 32541

1002 Highway 98 E Unit 1609, Destin, FL

Not Listed for Sale

Condos

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