The Terrace at Pelican Beach 970 Highway 98 E Unit 1006 Destin, FL 32541
Estimated payment $3,338/month
Total Views
3,986
2
Beds
2
Baths
1,072
Sq Ft
$326
Price per Sq Ft
Highlights
- Deeded access to the beach
- Gulf View
- Furnished
- Destin Elementary School Rated A-
- Main Floor Primary Bedroom
- Community Pool
About This Home
This 10th floor Terrace condo offers unparalleled views of the Destin Sunsets. The W/D is 2 years old, and dishwasher is 1 year old. You have a direct access to the beach. There is an exercise room and pool on site, but you also have access to all the Pelican Beach Resort amenities, including Pickle Ball, Sauna and Steam room, an electric car charger with an onsite tiki bar and cafe, which you rarely find in a condo complex Condo includes undercover parking # 24 and this complex is close to so many activities and restaurants. With judicial use this condo should produce around $45-50,000 annually. There is 24-hour security on the premises. Quote from rental manager: I think with the right updates I could get $40k-50k.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,418
Year Built
- Built in 1999
HOA Fees
- $1,053 Monthly HOA Fees
Property Views
Home Design
- Concrete Siding
- Piling Construction
Interior Spaces
- 1,072 Sq Ft Home
- Furnished
- Ceiling Fan
- Track Lighting
- Window Treatments
- Living Room
- Tile Flooring
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Parking
- Covered Parking
- Deeded Parking
Outdoor Features
- Deeded access to the beach
- Lock
- Balcony
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- Central Air
- Electric Water Heater
- Community Sewer or Septic
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2500-0000-1006
Community Details
Overview
- Association fees include accounting, advertising, ground keeping, insurance, management, master, recreational faclty, sewer, water, cable TV, trash
- Terrace At Pelican Beach Subdivision
- 16-Story Property
Amenities
- Community Barbecue Grill
- Game Room
Recreation
Map
About The Terrace at Pelican Beach
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Home Values in the Area
Average Home Value in this Area
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 | $2,986 | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Price Changed | $350,000 | -6.7% | $326 / Sq Ft |
| 07/31/2025 07/31/25 | Price Changed | $375,000 | -3.8% | $350 / Sq Ft |
| 07/23/2025 07/23/25 | Price Changed | $390,000 | -2.5% | $364 / Sq Ft |
| 05/07/2025 05/07/25 | Price Changed | $400,000 | -6.8% | $373 / Sq Ft |
| 03/01/2025 03/01/25 | Price Changed | $429,000 | -4.7% | $400 / Sq Ft |
| 12/06/2024 12/06/24 | Price Changed | $450,000 | +2.3% | $420 / Sq Ft |
| 12/05/2024 12/05/24 | Price Changed | $440,000 | -10.2% | $410 / Sq Ft |
| 10/05/2024 10/05/24 | Price Changed | $490,000 | -7.5% | $457 / Sq Ft |
| 05/06/2024 05/06/24 | Price Changed | $530,000 | -5.4% | $494 / Sq Ft |
| 05/06/2024 05/06/24 | For Sale | $560,000 | +126.3% | $522 / Sq Ft |
| 10/15/2020 10/15/20 | Off Market | $247,500 | -- | -- |
| 12/30/2014 12/30/14 | Sold | $247,500 | 0.0% | $231 / Sq Ft |
| 12/15/2014 12/15/14 | Pending | -- | -- | -- |
| 10/06/2014 10/06/14 | For Sale | $247,500 | -- | $231 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $247,500 | Emerald Coast Title Svcs Llc | |
| Warranty Deed | $445,000 | Pinnacle Title Group Llc | |
| Warranty Deed | $282,500 | Pinnacle Title Group Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $226,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Destin, FL
Source: Emerald Coast Association of REALTORS®
MLS Number: 949166
APN: 00-2S-22-2500-0000-1006
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