NOT LISTED FOR SALE

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

Destin Area

Estimated Value: $503,620 - $608,000

3 Beds
2 Baths
1,240 Sq Ft
5 Acre Lot

Sale Details

Date Sold: June 8, 2018

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

Est. 50% increase in value since last sale

Current estimated payment $4,060 / mo

75 Days on Market

Highlights

  • Lake Front
  • Beach
  • Fishing
  • Destin Elementary School Rated A-
  • Fitness Center
  • Harbor Views

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

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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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
  • Primary Bedroom Suite
  • 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
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Exercise Course
  • 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

5 Acres

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
  • Remarks Misc:Remarks: 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
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$548,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,655
Avg. Annual Appreciation
5.06%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Destin, FL

  • Cora Rasmussen Real Estate Agent - Realty ONE Group Emerald Coast

    Cora Rasmussen

    Realty ONE Group Emerald Coast

    (253) 509-7754

    151 Total Sales

    16 in Destin

    $105K - $719K Price Range

    Cora Rasmussen
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  • MaryAnn Enfinger Real Estate Agent - Overstreet Realty

    MaryAnn Enfinger

    Overstreet Realty

    (850) 771-2185

    189 Total Sales

    1 in Destin

    $477,000 Price

    MaryAnn Enfinger
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  • Danie Bell Real Estate Agent - COLDWELL BANKER REALTY

    Danie Bell

    COLDWELL BANKER REALTY

    (850) 903-4895

    49 Total Sales

    4 in Destin

    $384K - $910K Price Range

    Danie Bell
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  • Tammy Summers Real Estate Agent - Berkshire Hathaway HomeServices PenFed Realty

    Tammy Summers

    Berkshire Hathaway HomeServices PenFed Realty

    (601) 210-4840

    50 Total Sales

    2 in Destin

    $495K - $659K Price Range

    Tammy Summers
     Section Image
  • Deborah Morton Real Estate Agent - Bay Living, Inc.

    Deborah Morton

    Responds Quickly

    Bay Living, Inc.

    (786) 901-7183

    315 Total Sales

    15 in Destin

    $274K - $1.3M Price Range

    Deborah Morton
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  • Jeremy Fretwell Real Estate Agent - Keller Williams Realty FWB

    Jeremy Fretwell

    Keller Williams Realty FWB

    (850) 904-4798

    67 Total Sales

    2 in Destin

    $210K - $1.3M Price Range

    Jeremy Fretwell
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$365,000 Mcgill Escrow & Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,718 $500,000 $500,000
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 Real Estate Agent - C&R Sun Properties LLC

    Seller's Agent in 2018

    Cat Stevens

    C&R Sun Properties LLC

    (850) 428-4707

    55 Total Sales

    Cat Stevens
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  • Jean Cannon Real Estate Agent - LPT Realty LLC

    Buyer's Agent in 2018

    Jean Cannon

    LPT Realty LLC

    12 Total Sales

    Jean Cannon
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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

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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