$550,000
SOLD DEC 2, 2025

1002 Highway 98 E Unit 810 Destin, FL 32541

1 Bed
2 Baths
775 Sq Ft
$910/ mo HOA Fee

Recently Sold

$710 Per Sq Ft

6% Below List Price

103 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Fitness Center
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Primary Bedroom Suite

About This Home

As of December 2025

Updated 1BR with hall bunks and unobstructed Gulf views! These condos can gross $80K+/yr thanks to the bunk layout—rents like a 2BR without the higher price or HOA fees. ✅ SIRS complete ✅ No Milestone Issues ✅ Strong HOA = confidence for investors. Pelican Beach Resort features: 3 pools (new infinity, swim-through, kiddie), tennis, sauna, onsite gym, tiki bar, café, and private beach access. Remodeled, rental-ready, and packed with amenities—this one checks all the boxes. This is the one.
A beautifully updated 1-bedroom condo at Pelican Beach Resort, complete with hall bunks and unobstructed views of the Gulf of Mexico. These are the features serious investors and savvy second-home buyers are looking forand this condo delivers. Why this condo stands out: Proven rental potential - Units like this can gross $80,000+ annually thanks to the hall bunks. It sleeps like a 2-bedroom, without the added price tag or higher HOA fees. Low structural risk - The Structural Integrity Reserve Study (SIRS) is complete, there are no Milestone Inspection issues, and the building is financially strong and well-maintained. Remodeled and rental-ready - Stylish interior updates make this turn-key ready for personal use or immediate vacation rental income. Resort-style living and amenities:
Pelican Beach Resort is one of Destin's most popular Gulf-front destinations, with amenities that keep guests coming back year after year:
- Three swimming pools, including a brand-new Gulf-front infinity pool, an indoor/outdoor swim-through pool, and a kiddie pool
- Tennis court for active fun
- Fitness center with hot and dry sauna
- Tiki Bar with food and drink service right on the sand
- Onsite café
- Private beach access to sugar-white sand and emerald waters Investor bonus: Onsite rental management makes ownership easy, or bring your own manageror even self-manage. The layout, location, and amenities drive strong rental demand. Whether you're looking for a second home, a short-term rental investment, or a little of both, this condo checks every box: Gulf-front view Updated interior High rental potential Financially solid building Resort-level amenities Rental-ready with no surprises ahead

Last Agent to Sell the Property

John Moran

Keller Williams Realty Destin Listed on: 07/11/2025

Keller Williams Realty Destin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,568

Year Built

  • Built in 1998

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $910 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Newly Painted Property
  • Concrete Siding

Interior Spaces

  • 775 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Vinyl Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Built-In Barbecue

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2033-0008-8100

Community Details

Overview

  • Association fees include accounting, advertising, ground keeping, insurance, internet service, legal, management, master, security, sewer, water, cable TV, trash
  • 340 Buildings
  • 340 Units
  • Pelican Beach Resort Condo Subdivision
  • 20-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Game Room
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Fitness Center
  • Exercise Course
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,568

Year Built

Built in 1998

Lot Details

0 Sq Ft Lot

HOA Fees

$910 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PELICAN BEACH RESORT CONDO
  • Directions: Highway 98 East of Gulf Shore Drive, across from Big Kahunas Water Park. Pelican Beach building is on Gulf side of 98
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1998
  • Remarks Misc:Remarks: Updated 1BR with hall bunks and unobstructed Gulf views! These condos can gross $80K+/yr thanks to the bunk layout—rents like a 2BR without the higher price or HOA fees. ✅ SIRS complete ✅ No Milestone Issues ✅ Strong HOA = confidence for investors. Pelican Beach Resort features: 3 pools (new infinity, swim-through, kiddie), tennis, sauna, onsite gym, tiki bar, café, and private beach access. Remodeled, rental-ready, and packed with amenities—this one checks all the boxes.
  • 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
  • Appliances Microwave: Yes
  • Washers: Yes
  • Utilities:Community Water: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Number Of Buildings: 340
  • Appliances: Dishwasher, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric, Trash Compactor, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Floor Vinyl
  • Interior Amenities: Breakfast Bar, Newly Painted, Owner's Closet
  • Stories: 20
  • Window Features: Window Treatment All, Double Pane Windows
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Trash Compactor: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony, BBQ Pit/Grill
  • Property Condition: Renovated, Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Community Water, Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Game Room, Gated Community, Picnic Area, Pool, TV Cable, Waterfront
  • Association #2 Fee: 909.66
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Ground Keeping, Insurance, Internet Service, Legal, Management, Master Association, Security, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-2033-0008-8100

Multi Family

  • Number Of Units In Community: 340

Tax Info

  • Tax Annual Amount: 5567.91
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2025
Closed on
Dec 2, 2025
Sold by
Boles Capital Llc
Bought by
Destin Breaks Llc
Seller's Agent
John Moran
Keller Williams Realty Destin
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%
Views
59
Current Estimated Value
$533,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,024
Avg. Annual Appreciation
-9.10%
Original Mortgage
$385,000
Outstanding Balance
$385,000
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$148,976

Purchase Details

Closed on
Dec 13, 2012
Sold by
Fuller Betty M
Bought by
Bmf Fl Holdings Llc
Source: Public Records
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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 $550,000 None Listed On Document
Condominium Deed $210,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 Sold $550,000 -4.2% $710 / Sq Ft
10/22/2025 10/22/25 Pending -- -- --
10/10/2025 10/10/25 Price Changed $574,000 -1.9% $741 / Sq Ft
07/11/2025 07/11/25 For Sale $585,000 -4.9% $755 / Sq Ft
02/28/2023 02/28/23 Sold $615,000 -0.8% $704 / Sq Ft View Prior Sale
01/15/2023 01/15/23 Pending -- -- --
12/10/2022 12/10/22 For Sale $619,900 -- $710 / 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 $5,507 $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

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 980715

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2033-0008-8100

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