NOT LISTED FOR SALE

1002 Highway 98 E Unit 1911 Destin, FL 32541

Estimated Value: $518,668 - $604,000

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

Last Sold September 05, 2014

Last sale price $295,000 $338 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,742/month

90 Days on Market

Highlights

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

About This Home

As of September 2014

Rental powerhouse END UNIT in the popular Pelican Beach Resort with a toes-in-the-sand GULF FRONT location on the famed beaches of Destin...which conjures up images of sun-splashed days of swimming, biking and relaxing. PANORAMIC VIEWS of the Gulf, the harbor, the lake, the city of Destin, the Bay and even the Destin Bridge! This fabulous condo has the coveted extra side windows for more Gulf views and features many recent upgrades, including a beautifully remodeled kitchen with granite, new stainless steel appliances, tiled breakfast bar and new cabinetry, king sized Mater Suite and new custom built hallway bunk beds with wainscoting and nautical lights for each bed PLUS new HVAC. ***Gross rental income for 2013 - $30,236 and 2012 - $24,200 Tile floors throughout the ENTIRE condo except the bedroom. 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 café 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: 05/28/2014

Keller Williams Realty Destin

Last Buyer's Agent

Jay Agnew

Re/Max Beaches License #3161497

Re/Max Beaches

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,046

Year Built

  • Built in 1997

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $352 Monthly HOA Fees

Property Views

  • Bay
  • Gulf
  • Harbor
  • Lake

Interior Spaces

  • 873 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

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-22-2033-0019-1911

Community Details

Overview

  • Pelican Beach Resort Subdivision

Amenities

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

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,046

Year Built

Built in 1997

Lot Details

0

HOA Fees

$352 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Pelican Beach Resort
  • Directions: On Highway 98 across from Big Kahuna's
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1997
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Harbor2: Yes
  • Waterfront:Gulf: Yes
  • Waterview:Bay2: Yes
  • Waterview:Lake2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Oven Continue Clean, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven Continue Clean: Yes

Exterior Features

  • View: Lake, Harbor, Gulf, Bay
  • 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, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Game Room, Laundry, Pool, 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-22-2033-0019-1911
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Sep 5, 2014
Sold by
Warren Condominiums Llc
Bought by
Mjd Enterprises Llc
Seller's Agent
John Moran
Keller Williams Realty Destin
Buyer's Agent
Jay Agnew
Re/Max Beaches
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$557,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,167
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Sep 5, 2006
Sold by
Warren Ronald E and Warren Shelby H
Bought by
Warren Condominiums Llc

Purchase Details

Closed on
Dec 3, 2001
Sold by
Johnson R Dan and Johnson Norma B
Bought by
Warren Ronald and Warren Shelby
Source: Public Records

Range of Values:

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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
Mjd Enterprises Llc $295,000 None Available
Warren Condominiums Llc -- Attorney
Warren Ronald $227,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warren Ronald E $181,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2014 09/05/14 Sold $295,000 0.0% $338 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $295,000 -- $338 / 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 $5,046 $479,400 -- $479,400
2023 $5,046 $464,100 $0 $464,100
2022 $4,241 $351,900 $0 $351,900
2021 $4,095 $329,766 $0 $329,766
2020 $3,809 $306,000 $0 $306,000
2019 $3,493 $275,400 $0 $275,400
2018 $3,272 $255,510 $0 $0
2017 $3,019 $231,030 $0 $0
2016 $2,941 $226,440 $0 $0
2015 $2,878 $217,260 $0 $0
2014 $2,695 $200,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 706412

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2033-0019-1911