$655,000
SOLD APR 17, 2023

1002 Highway 98 E Unit 1814 Destin, FL 32541

2 Beds
2 Baths
955 Sq Ft
$861/mo HOA Fee

Recently Sold

$686 Per Sq Ft

2% Below List Price

8 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Bay View
  • Destin Elementary School Rated A-
  • Fishing
  • Main Floor Primary Bedroom

About This Home

As of April 2023

Its all about the view from this never rented renovated 2br unit Located on the 18th floor in sought after Pelican Beach resort. Newer Cabinets throughout, Granite Counter tops, and stainless appliances make this unit a turnkey opportunity for its next owner. Rental projections exceed 50k for this floor plan and this unit should do better based on location and upgrades. Building amenities include multiple pools, tennis court, gym, food and beverage service and more.

Last Agent to Sell the Property

John Holahan

Better Homes and Gardens Real Estate Emerald Coast License #3162351 Listed on: 02/23/2023

Better Homes and Gardens Real Estate Emerald Coast

Last Buyer's Agent

Micha Knowles

ERA American Real Estate License #3021155

ERA American Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,858

Year Built

  • Built in 1998

HOA Fees

  • $861 Monthly HOA Fees

Property Views

  • Bay
  • Gulf
  • Lake

Interior Spaces

  • 955 Sq Ft Home
  • Furnished
  • Woodwork
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Air
  • Air Source Heat Pump
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Doors
  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2033-0018-1814

Community Details

Overview

  • Association fees include accounting, gas, ground keeping, insurance, legal, licenses/permits, management, utilities, recreational faclty, repairs/maintenance, security, sewer, water, cable TV, trash
  • Pelican Beach Resort Condo Subdivision
  • 19-Story Property

Amenities

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

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Security

  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,858

Year Built

Built in 1998

Lot Details

0

HOA Fees

$861 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PELICAN BEACH RESORT CONDO
  • Directions: Entrance on the South side of Highway 98 just west of Big Kahunas.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Efficiency: Doors
  • Year Built: 1998
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterview:Bay2: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Heat Pump Air To Air: Yes
  • Energy:Insulated Doors: Yes
  • Rooms:Dining Area: Yes
  • Waterview:Lake2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Stories: 19
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Woodwork Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Gulf, Bay
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump Air To Air
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Elevators, Exercise Room, Fishing, Laundry, Pool, Sauna/Steam Room, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 861.35
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Gas, Ground Keeping, Insurance, Legal, Licenses/Permits, Management, Other Utilities, Recreational Faclty, Repairs/Maintenance, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2033-0018-1814
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4857.93
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 17, 2023
Sold by
Lim Gerald and Lim Mercy
Bought by
Hayes Jesse and Hayes Amber
Seller's Agent
John Holahan
Better Homes and Gardens Real Estate Emerald Coast
Buyer's Agent
Micha Knowles
ERA American Real Estate
List Price
$670,000
Sold Price
$655,000
Premium/Discount to List
-$15,000
-2.24%
Views
103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%
Original Mortgage
$552,500
Outstanding Balance
$520,651
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$168,505

Purchase Details

Closed on
May 29, 2009
Sold by
Rowan Russell W and Rowan Giulie F
Bought by
Lim Gerald and Lim Mercy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $655,000 Vintage Title & Escrow
Warranty Deed $305,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $552,500 New Conventional
Previous Owner $213,500 Purchase Money Mortgage
Previous Owner $350,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 For Sale $715,000 +9.2% $749 / Sq Ft
04/17/2023 04/17/23 Sold $655,000 -2.2% $686 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $670,000 -- $702 / 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
2024 $5,732 $566,000 -- $566,000
2023 $5,732 $526,000 $0 $526,000
2022 $4,858 $406,000 $0 $406,000
2021 $4,583 $374,400 $0 $374,400
2020 $4,233 $346,000 $0 $346,000
2019 $3,818 $301,000 $0 $301,000
2018 $3,718 $291,000 $0 $0
2017 $3,424 $262,000 $0 $0
2016 $3,338 $257,000 $0 $0
2015 $3,272 $247,000 $0 $0
2014 $3,084 $230,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 917600

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2033-0018-1814