Seller's Agent in 2025
Shay Dassa
RE/MAX
(850) 267-0720
61 Total Sales
The Terrace at Pelican Beach 970 Highway 98 E Unit 1006 Destin, FL 32541
Estimated Value: $325,000 - $450,000
2
Beds
2
Baths
1,072
Sq Ft
1999
Built
Highlights
- Deeded access to the beach
- Fitness Center
- Primary Bedroom Suite
- Destin Elementary School Rated A-
- Gulf View
- Main Floor Primary Bedroom
About This Home
As of August 2025This 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
- Primary Bedroom Suite
- 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
- Exercise Course
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
Jul 1, 2025
Closed on
Aug 26, 2025
Sold by
Bought by
Seller's Agent
Shay Dassa
Re/Max Beaches
Buyer's Agent
Cat Stevens
Cat Stevens
List Price
$560,000
Sold Price
$337,500
Premium/Discount to List
-$222,500
-39.73%
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,496
Avg. Annual Appreciation
19.28%
Purchase Details
Closed on
Jul 11, 2017
Sold by
Bought by
Purchase Details
Closed on
Dec 30, 2014
Sold by
Bought by
Purchase Details
Closed on
Nov 30, 2005
Sold by
Bought by
Purchase Details
Closed on
May 28, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $337,500 | Mcgill Escrow & Title | ||
| -- | Attorney | ||
| $247,500 | Emerald Coast Title Svcs Llc | ||
| $445,000 | Pinnacle Title Group Llc | ||
| $282,500 | Pinnacle Title Group Llc |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $226,000 |
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 |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Sold | $337,500 | -3.6% | $315 / Sq Ft |
| 08/18/2025 08/18/25 | Pending | -- | -- | -- |
| 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 | -- | $522 / 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 | $4,801 | $435,000 | -- | $435,000 |
| 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
Agents Affiliated with this Home
-
Shay Dassa
-
Jay Davis
Seller Co-Listing Agent in 2025
Jay Davis
RE/MAX
(850) 832-1569
46 Total Sales
-
Cat Stevens
Buyer's Agent in 2025
Cat Stevens
Cat Stevens
(850) 428-4707
62 Total Sales
About The Terrace at Pelican Beach
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 949166
APN: 00-2S-22-2500-0000-1006
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.
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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