NOT LISTED FOR SALE

Estimated Value: $443,398 - $511,000

2 Beds
2 Baths
1,072 Sq Ft
$481/mo HOA Fee

Last Sold March 05, 2018

Last sale price $300,000 $280 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,424/month

101 Days on Market

Highlights

  • Lake Front
  • Beach
  • Sauna
  • Destin Elementary School Rated A-
  • Gulf View
  • Community Pool

About This Home

As of March 2018

This 10th floor renovated unit with panoramic Gulf view, gourmet kitchen, shaker cabinets, granite, premium stainless appliances, white tile backsplash, new washer/dryer, 3 flat screen TV's, owner's lockout closet, keyless lock, internet access, on-site management and maintenance, guarded entrance, gas grills, poolside dining area. Beautifully furnished 1072 sq. ft. with luxury recliner sofas, master king bed, guestroom single bunk over double, plus 2nd single bed, furnished balcony. Resort amenities include: 2 fitness centers, 2 event centers for business or pleasure, beach pool plus 2 additional pools, 2 hot tubs, kiddie pool, .tiki bar, game room, cafe, tennis courts, covered parking, sauna, beach access from our 2 boardwalks. Furnished and equipped turnkey, rental or move in ready.

Last Agent to Sell the Property

Cat Stevens

C&R Sun Properties LLC License #3265002 Listed on: 10/24/2017

Last Buyer's Agent

Angela Blair

Keller Williams Realty Destin License #635724

Keller Williams Realty Destin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,650

Year Built

  • Built in 1999

Lot Details

HOA Fees

  • $481 Monthly HOA Fees

Property Views

Home Design

  • Concrete Siding

Interior Spaces

  • 1,072 Sq Ft Home
  • 1-Story Property
  • Dining Room

Kitchen

  • Induction Cooktop
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2500-0000-1002

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, licenses/permits, management, sewer, water, cable TV, trash
  • 95 Buildings
  • 95 Units
  • Terrace At Pelican Beach Subdivision

Amenities

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

Recreation

  • Beach

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,650

Year Built

Built in 1999

Lot Details

0

HOA Fees

$481 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TERRACE AT PELICAN BEACH
  • Directions: Inside Pelican Beach Resort near Big Kahuna Water Park
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1999
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Washers: Yes
  • Rooms:Balcony2: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 95
  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Tile, Floor WW Carpet
  • Stories: 16
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Floor WW Carpet: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Gulf
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Shower, Tennis Court
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Shower: Yes
  • Exterior:Tennis Court: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Elevators, Exercise Room, Game Room, Pool, Sauna/Steam Room, Tennis, TV Cable
  • Association #2 Fee: 481.06
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal, Licenses/Permits, Management, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2500-0000-1002
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 95

Tax Info

  • Tax Annual Amount: 2649.84
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2017
Closed on
Mar 5, 2018
Sold by
Sturdivant Mary C and Fox Mary C
Bought by
Msa South Properties Llc
Seller's Agent
Cat Stevens
C&R Sun Properties LLC
Buyer's Agent
Angela Blair
Keller Williams Realty Destin
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$485,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,600
Avg. Annual Appreciation
6.52%
Original Mortgage
$240,000
Outstanding Balance
$204,875
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$280,725

Purchase Details

Closed on
Feb 1, 2006
Sold by
Radtke Daniel L and Radtke Donald S
Bought by
Sturdivant Mary C and Corrigan Kelly

Purchase Details

Closed on
Feb 27, 2004
Sold by
Aderholt Ronald L and Aderholt Deborah M
Bought by
Radtke Daniel L and Radtke Donald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
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
Msa South Properties Llc $300,000 Mcgill Escrwo & Title
Sturdivant Mary C $483,000 Landcastle Title Llc
Radtke Daniel L $345,000 Lawyers Title Agency Of The
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Msa South Properties Llc $240,000
Previous Owner Radtke Daniel L $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2018 03/05/18 Sold $300,000 0.0% $280 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
10/24/2017 10/24/17 For Sale $300,000 -- $280 / 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 $4,418 $435,000 -- $435,000
2023 $4,418 $435,000 $0 $435,000
2022 $3,748 $340,000 $0 $340,000
2021 $3,229 $260,000 $0 $260,000
2020 $3,128 $250,000 $0 $250,000
2019 $3,044 $240,000 $0 $240,000
2018 $2,697 $210,000 $0 $0
2017 $2,666 $204,000 $0 $0
2016 $2,650 $204,000 $0 $0
2015 $2,610 $197,000 $0 $0
2014 $2,438 $182,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 785502

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2500-0000-1002