NOT LISTED FOR SALE

The Terrace at Pelican Beach 970 Highway 98 E Unit 1004 Destin, FL 32541

Estimated Value: $572,000 - $643,000

3 Beds
2 Baths
1,240 Sq Ft
$556/mo HOA Fee

Last Sold June 08, 2018

Last sale price $365,000 $294 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,195/month

75 Days on Market

Highlights

  • Lake Front
  • Beach
  • Harbor Views
  • Destin Elementary School Rated A-
  • Fishing
  • Gated Community

About This Home

As of June 2018

This large floor plan is one of the most desired layouts in the Terrace, maximizing westerly views of Destin, the gulf & the scenic harbor. Located within Pelican Beach Resort you will find the Terrace offers a very social environment with activities for all ages, all year round. Amenities include, the beach,3 pools, cafe, tennis, arcade, sauna, steam room, gym, conference centers & tiki bar. We have an excellent beach chair service & offer free Tram rides in season. However there is a boardwalk to the beach. We offer 24 Hr. service. Our on-site management company is ideal for investors. Turn the key and go! With 1240 square feet of living space and 204 sq. ft of balcony with mesmerizing views you won't find a better buy in all of Destin! Convenient to shopping and restaurants

Last Agent to Sell the Property

Cat Stevens

C&R Sun Properties LLC License #3265002 Listed on: 03/16/2018

Last Buyer's Agent

Jean Cannon

LPT Realty LLC License #3392350

LPT Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,084

Year Built

  • Built in 1998

Lot Details

  • 5

HOA Fees

  • $556 Monthly HOA Fees

Property Views

Home Design

  • Concrete Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Dining Room
  • Tile Flooring
  • Home Security System

Kitchen

  • Breakfast Bar
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

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

Additional Features

  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2500-0000-1004

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, licenses/permits, sewer, water, cable TV, trash
  • 98 Buildings
  • 98 Units
  • Terrace At Pelican Beach Subdivision

Amenities

  • Community Barbecue Grill
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Fishing

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,084

Year Built

Built in 1998

Lot Details

0

HOA Fees

$556 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TERRACE AT PELICAN BEACH
  • Directions: Across from Big Kahuna Water Park inside Pelican Beach Resort
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1998
  • 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:Harbor2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Balcony2: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 98
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Security System, Smoke Detector, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet, Window Treatment All
  • Stories: 16
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Appliances:Security System: Yes

Exterior Features

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

Utilities

  • Cooling: Ceiling Fan(s), 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, Elevators, Exercise Room, Fishing, Gated Community, Pool, Tennis, TV Cable
  • Association #2 Fee: 556.45
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Licenses/Permits, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2500-0000-1004
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 98

Tax Info

  • Tax Annual Amount: 3084.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Jun 8, 2018
Sold by
Adams James F and Adams Peggy H
Bought by
Vigneulle Rick H and Vigneulle Debbie H
Seller's Agent
Cat Stevens
C&R Sun Properties LLC
Buyer's Agent
Jean Cannon
LPT Realty LLC
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$602,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,280
Avg. Annual Appreciation
7.05%
Source: Public Records

Range of Values:

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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
Vigneulle Rick H $365,000 Mcgill Escrow & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2018 06/08/18 Sold $365,000 0.0% $294 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $365,000 -- $294 / 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 $5,353 $520,000 -- $520,000
2023 $5,353 $520,000 $0 $520,000
2022 $4,314 $365,000 $0 $365,000
2021 $3,974 $320,000 $0 $320,000
2020 $3,879 $310,000 $0 $310,000
2019 $3,932 $310,000 $0 $310,000
2018 $3,146 $245,000 $0 $0
2017 $3,084 $236,000 $0 $0
2016 $3,066 $236,000 $0 $0
2015 $3,020 $228,000 $0 $0
2014 $2,824 $211,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cat Stevens

    Seller's Agent in 2018

    Cat Stevens

    C&R Sun Properties LLC

    (850) 428-4707

    52 in this area

    73 Total Sales

    Cat Stevens
    Section Image
  • Jean Cannon

    Buyer's Agent in 2018

    Jean Cannon

    LPT Realty LLC

    14 in this area

    31 Total Sales

    Jean Cannon
    Section Image
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About The Terrace at Pelican Beach

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 794031

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2500-0000-1004

Florida Okaloosa County Destin 32541

970 Highway 98 E Unit 1004, Destin, FL

This home is located at 970 Highway 98 E Unit 1004, Destin, FL 32541 since 16 March 2018 and is currently estimated at $602,280, approximately $485 per square foot. This property was built in 1998. 970 Highway 98 E Unit 1004 is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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