NOT LISTED FOR SALE

1002 Highway 98 E Unit 1917 Destin, FL 32541

Estimated Value: $615,000 - $642,000

2 Beds
2 Baths
955 Sq Ft
$664/ mo HOA Fee

Last Sold October 09, 2020

Last sale price $439,000 $460 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,465/month

235 Days on Market

Highlights

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

About This Home

As of October 2020

Rental projections of over $50K. Views of the Gulf by day and the lights of Destin by night. This recently renovated coastal condo is fully furnished and completely turnkey. Unit features new furniture, tile throughout and durable polywood furniture on the balcony. Pelican Beach Resort is located right in the heart of Destin, directly on the beautiful white sand beaches across from Big Kahuna's with nearby shopping and restaurants. This is a true resort offering 2 fitness centers, 3 pools (including a kiddie pool), spa, sauna, cafe, tiki bar, tennis courts, grilling area, and a video game room. Investors dream! Seller is including a Kaba 660I system. Great for investors who self manage or absentee owners who want additional peace of mind. self manage or absentee owners who want additional peace of mind

Last Agent to Sell the Property

Keli O'neal

Scenic Sotheby's International Realty License #3359495 Listed on: 01/10/2020

Scenic Sotheby's International Realty

Co-Listed By

Colin Kirkwood

Newman Dailey Resort Properties License #3225400

Last Buyer's Agent

Dustin Cornwell

Dream Destin Realty PLLC License #3470752

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,732

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 10

HOA Fees

  • $664 Monthly HOA Fees

Property Views

  • Gulf
  • Lake

Interior Spaces

  • 955 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Area
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Induction Cooktop

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

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

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2033-0019-1917

Community Details

Overview

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

Amenities

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

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,732

Year Built

Built in 1996 | Remodeled

Lot Details

10 Acres

HOA Fees

$664 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: ENDR
  • Co List Office Phone: 850-837-1071
  • Subdivision Name: PELICAN BEACH RESORT CONDO
  • Directions: Directly across from Big Kahuna's Water park
  • Architectural Style: N/A
  • New Construction: No
  • Year Built: 1996
  • Remarks Misc:Remarks: Rental projections of over $50K. Views of the Gulf by day and the lights of Destin by night. This recently renovated coastal condo is fully furnished and completely turnkey. Unit features new furniture, tile throughout and durable polywood furniture on the balcony. Pelican Beach Resort is located right in the heart of Destin, directly on the beautiful white sand beaches across from Big Kahuna's with nearby shopping and restaurants. This is a true resort offering 2 fitness centers, 3 pools (including a kiddie pool), spa, sauna, cafe, tiki bar, tennis courts, grilling area, and a video game room. Investors dream! Seller is including a Kaba 660I system. Great for investors who self manage or absentee owners who want additional peace of mind.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: 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
  • Waterfront:Gulf: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Waterview:Lake2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Oven Self Cleaning, Refrigerator, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet, Renovated, Window Treatment All
  • Master Bedroom:First: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

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

Utilities

  • Cooling: Ceiling Fan(s), 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, Beach, Community Room, Elevators, Exercise Room, Fishing, Game Room, Laundry, Pool, Sauna/Steam Room, Tennis, Waterfront, Whirlpool
  • Association #2 Fee: 663.57
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, 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-22-2033-0019-1917
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3731.97
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Oct 2, 2020
Sold by
Hsrc 407 Llc
Bought by
Smith Barry L and Smith Kathryn B
Seller's Agent
Keli O'neal
Scenic Sotheby's International Realty
Buyer's Agent
Dustin Cornwell
Dream Destin Realty PLLC
List Price
$439,000
Sold Price
$439,000
Current Estimated Value
$627,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,323
Avg. Annual Appreciation
6.78%
Original Mortgage
$327,750
Outstanding Balance
$265,629
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$361,694

Purchase Details

Listed on
Aug 29, 2016
Closed on
Oct 3, 2016
Sold by
Brown Peter C and Brown Ann M
Bought by
Hsrc 407 Llc
Seller's Agent
Cat Stevens
C&R Sun Properties LLC
Buyer's Agent
- Ecn.rets.e5463
ecn.rets.RETS_OFFICE
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$150,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 16, 2014
Sold by
Brown Peter C and Brown Ann M
Bought by
Brown Peter C and Revoca Ann M Brown Joint

Purchase Details

Closed on
Feb 7, 2013
Sold by
Schlachter Siegfried
Bought by
Brown Peter C and Brown Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,700
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 5, 2007
Sold by
Schlacther Marion and Burke Janis L
Bought by
Schlachter Siegfried
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
Smith Barry L $439,000 Emerald Coast Title Svcs Llc
Hsrc 407 Llc $335,000 Mcneese Title Llc
Brown Peter C -- None Available
Brown Peter C $260,000 None Available
Schlachter Siegfried -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Barry L $327,750
Previous Owner Hsrc 407 Llc $150,000
Previous Owner Brown Peter C $154,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2020 10/09/20 Sold $439,000 0.0% $460 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $439,000 +31.0% $460 / Sq Ft
10/04/2016 10/04/16 Sold $335,000 0.0% $351 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
08/29/2016 08/29/16 For Sale $335,000 -- $351 / 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 $6,445 $547,200 -- $547,200
2024 $5,783 $567,000 -- $567,000
2023 $5,783 $527,000 $0 $527,000
2022 $4,905 $407,000 $0 $407,000
2021 $4,662 $375,400 $0 $375,400
2020 $4,246 $347,000 $0 $347,000
2019 $3,831 $302,000 $0 $302,000
2018 $3,732 $292,000 $0 $0
2017 $3,437 $263,000 $0 $0
2016 $3,351 $258,000 $0 $0
2015 $3,285 $248,000 $0 $0
2014 $3,098 $231,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Keli O'neal

    Scenic Sotheby's International Realty

    (850) 974-6486

    15 in this area

    29 Total Sales

    Keli O'neal
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Colin Kirkwood

    Newman Dailey Resort Properties

    (407) 467-0668

    30 in this area

    59 Total Sales

    Colin Kirkwood
    Section Image
  • Dustin Cornwell

    Buyer's Agent in 2020

    Dustin Cornwell

    Dream Destin Realty PLLC

    (850) 533-7033

    49 in this area

    65 Total Sales

    Dustin Cornwell
    Section Image
  • Cat Stevens

    Seller's Agent in 2016

    Cat Stevens

    C&R Sun Properties LLC

    (850) 428-4707

    49 in this area

    68 Total Sales

    Cat Stevens
    Section Image

  • -

    Buyer's Agent in 2016

    - Ecn.rets.e5463

    ecn.rets.RETS_OFFICE

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 838022

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2033-0019-1917

Florida Okaloosa County Destin 32541

1002 Highway 98 E Unit 1917, Destin, FL

Not Listed for Sale

Condos

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