1002 Highway 98 E Unit 1917 Destin, FL 32541
2
Beds
2
Baths
955
Sq Ft
$664/mo
HOA Fee
Highlights
- Beach
- Property fronts gulf or ocean
- Main Floor Primary Bedroom
- Destin Elementary School Rated A-
- Fishing
- Sauna
About This Home
As of October 2020Rental 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
Scenic Sotheby's International Realty License #3359495 Listed on: 01/10/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,732
Year Built
- Built in 1996 | Remodeled
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
- 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,333
Avg. Annual Appreciation
7.92%
Original Mortgage
$327,750
Outstanding Balance
$274,358
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$358,624
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
Listed on
May 31, 2012
Closed on
Feb 7, 2013
Sold by
Schlachter Siegfried
Bought by
Brown Peter C and Brown Ann M
Seller's Agent
Carole Pleasants
Coastal Sands Properties LLC
Buyer's Agent
Emily Thurman
ecn.unknownoffice
List Price
$260,000
Sold Price
$260,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
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
Similar Homes in Destin, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $439,000 | Emerald Coast Title Svcs Llc | |
| Warranty Deed | $335,000 | Mcneese Title Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $260,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $327,750 | New Conventional | |
| Previous Owner | $150,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $154,700 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $60,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/09/2020 10/09/20 | Sold | $439,000 | +68.8% | $460 / Sq Ft |
| 09/01/2020 09/01/20 | Pending | -- | -- | -- |
| 03/02/2020 03/02/20 | Off Market | $260,000 | -- | -- |
| 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 |
| 08/31/2016 08/31/16 | Pending | -- | -- | -- |
| 08/29/2016 08/29/16 | For Sale | $335,000 | +28.8% | $351 / Sq Ft |
| 02/07/2013 02/07/13 | Sold | $260,000 | 0.0% | $272 / Sq Ft |
| 12/16/2012 12/16/12 | Pending | -- | -- | -- |
| 05/31/2012 05/31/12 | For Sale | $260,000 | -- | $272 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $5,783 | $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
19 in this area
36 Total Sales
-
C
Seller Co-Listing Agent in 2020
Colin Kirkwood
Newman Dailey Resort Properties
(407) 467-0668
32 in this area
65 Total Sales
-
Buyer's Agent in 2020
Dustin Cornwell
Dream Destin Realty PLLC
(850) 533-7033
55 in this area
87 Total Sales
-
Seller's Agent in 2016
Cat Stevens
C&R Sun Properties LLC
(850) 428-4707
54 in this area
78 Total Sales
-
-
Buyer's Agent in 2016
- Ecn.rets.e5463
ecn.rets.RETS_OFFICE
-
C
Seller's Agent in 2013
Carole Pleasants
RE/MAX
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 838022
APN: 00-2S-22-2033-0019-1917
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