The Terrace at Pelican Beach 970 Highway 98 E Unit 1006 Destin, FL 32541
2
Beds
2
Baths
1,072
Sq Ft
$428/mo
HOA Fee
Highlights
- Beach
- Deeded access to the beach
- Sauna
- Destin Elementary School Rated A-
- Spa
- Gulf View
About This Home
As of December 2014Enjoy one of the most beautiful & interesting views in Destin, the Terrace will delight as you watch the sun go down over the gulf and the lights of Destin light up. Views all the way to the Destin Bridge & Harbor allow you fantastic views of the firework shows. The seasonal tram service provides easy access to the sugar white beaches Destin is famous for. This fully furnished & decorated unit is rental ready. The kitchen features beautiful granite and is spacious enough for the family chef. The master suite steps out on the balcony where the views, gulf breezes and sounds of the waves lapping the shore can be enjoyed. The guest suite is also beautifully appointed making this a perfect second or vacation home. This unit comes with a covered parking space which means no more hot car!! The Terrace and Pelican Beach Resort amenities are sure to please and include: 3 pools including 1 heated swim out, game room, 2 work out rooms, Sauna, Steam Room, Market Cafe, Private boardwalk to Fabulous White Clean beaches and Gulf, TiKi Bar and great Sun Deck.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,418
Year Built
- Built in 1999
HOA Fees
- $428 Monthly HOA Fees
Property Views
Interior Spaces
- 1,072 Sq Ft Home
- Ceiling Fan
- Dining Room
- Sauna
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Parking
- 1 Covered Space
- Covered Parking
Pool
- Spa
- Heated Pool
Outdoor Features
- Deeded access to the beach
- Balcony
- Built-In Barbecue
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Central Air
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2500-0000-1006
Community Details
Overview
- Association fees include accounting, ground keeping, legal, management, master, recreational faclty, security, sewer, water, cable TV, trash
- Terrace At Pelican Beach Subdivision
Amenities
- Community Barbecue Grill
- Sauna
- Elevator
Recreation
- Beach
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 11, 2017
Sold by
Lober Claire F and Lober James M
Bought by
Sweeney Margaret Lynn Lober
Purchase Details
Listed on
Oct 6, 2014
Closed on
Dec 30, 2014
Sold by
Glennie Neil and Begalieva Maia
Bought by
The Margaret Lynn Lober 1963 Trust
Seller's Agent
Donna Fox
Compass
Buyer's Agent
Jay Davis
Re/Max Beaches
List Price
$247,500
Sold Price
$247,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Purchase Details
Closed on
Nov 30, 2005
Sold by
Klingele Michael J
Bought by
Glennie Neil and Begalieva Maia
Purchase Details
Closed on
May 28, 2003
Sold by
Rossbach Woodrow W and Rossbach Carol S
Bought by
Klingele Michael J
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
Similar Homes in Destin, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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®
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Shay Dassa
Seller Co-Listing Agent in 2024
Shay Dassa
RE/MAX
(850) 267-0720
26 Total Sales
-
Donna Fox
Seller's Agent in 2014
Donna Fox
Compass
(850) 217-6072
48 Total Sales
-
Jay Davis
Buyer's Agent in 2014
Jay Davis
RE/MAX
57 Total Sales
About The Terrace at Pelican Beach
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 715517
APN: 00-2S-22-2500-0000-1006
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