NOT LISTED FOR SALE

The Terrace at Pelican Beach 970 Highway 98 E Unit 1102 Destin, FL 32541

Destin Area

Estimated Value: $460,000 - $537,000

2 Beds
2 Baths
1,072 Sq Ft
5 Acre Lot

Sale Details

Date Sold: October 25, 2021

Last sale price $485,000 $452 Per Sq Ft

Current estimated payment $3,635 / mo

49 Days on Market

Highlights

  • Lake Front
  • Beach
  • Fitness Center
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Heated Pool

About This Home

As of October 2021

A rare collection of crisp coastal decor and endless vistas gift residents and guests of this spacious two bedroom condo, offering a rare blend of value and location at The Terrace at Pelican Beach. Providing access to the plentiful amenities of the Pelican Beach Resort, including gulf front pools, tennis courts, a tiki bar, fitness center and indoor pool, the coastal lifestyle is easily enhanced at this central Destin condominium. Quick access to top area dining and shopping adds convenience, while quality coastal decor provides a turn key property ready for enjoyment or income potential.

Updates to this 11th floor condo include, fresh paint, complete master bath remodel, granite countertops, relaxing white cabinetry and fresh stainless appliances, adding modern touches to this elevated beach retreat. Providing strong rental revenue and easy maintenance, this idyllic property is optimal for those in search of a perfect secondary or portfolio property.

Last Agent to Sell the Property

Heather Williams

Scenic Sotheby's International Realty License #3163464 Listed on: 08/06/2021

Scenic Sotheby's International Realty

Last Buyer's Agent

Nicholas Feldner

Emerald Coast Realty Pros Inc License #3509173

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,159

Year Built

  • Built in 1999

Lot Details

HOA Fees

  • $535 Monthly HOA Fees

Property Views

Home Design

  • Concrete Siding

Interior Spaces

  • 1,072 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room
  • Tile Flooring

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated Pool
  • Deeded access to the beach
  • Balcony
  • Built-In Barbecue

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2500-0000-1102

Community Details

Overview

  • Association fees include ground keeping, licenses/permits, recreational faclty, sewer, water, cable TV, trash
  • Terrace At Pelican Beach Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Game Room
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Exercise Course

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,159

Year Built

Built in 1999

Lot Details

5 Acres

HOA Fees

$535 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TERRACE AT PELICAN BEACH
  • Directions: Across from Big Kahuna Water Park
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1999
  • Remarks Misc:Remarks: A rare collection of crisp coastal decor and endless vistas gift residents and guests of this spacious two bedroom condo, offering a rare blend of value and location at The Terrace at Pelican Beach. Providing access to the plentiful amenities of the Pelican Beach Resort, including gulf front pools, tennis courts, a tiki bar, fitness center and indoor pool, the coastal lifestyle is easily enhanced at this central Destin condominium. Quick access to top area dining and shopping adds convenience, while quality coastal decor provides a turn key property ready for enjoyment or income potential. Updates to this 11th floor condo include, fresh paint, complete master bath remodel, granite countertops, relaxing white cabinetry and fresh stainless appliances,
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Balcony2: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Tile, Furnished - All, Owner's Closet, Window Treatment All
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Gulf
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: BBQ Pit/Grill, Pool - Heated
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Game Room, Gated Community, Pool, Sauna/Steam Room, Tennis, TV Cable
  • Association #2 Fee: 534.53
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Licenses/Permits, Recreational Faclty, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2500-0000-1102
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3159.26
  • Tax Year: 2020

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
Aug 6, 2021
Closed on
Oct 25, 2021
Sold by
L Squared Holdings Llc
Bought by
Seller's Agent
Heather Williams
Scenic Sotheby's International Realty
Buyer's Agent
Nicholas Feldner
Emerald Coast Realty Pros Inc
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$483,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,475
Avg. Annual Appreciation
0.34%
Original Mortgage
$291,000
Outstanding Balance
$260,128
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$232,956

Purchase Details

Closed on
Feb 6, 2020
Sold by
Latham William I
Bought by
L Squared Holdings Llc

Purchase Details

Listed on
Nov 12, 2018
Closed on
Jan 11, 2019
Sold by
Ploue John Jay and Ploue Phyllis
Bought by
Latham William I
Seller's Agent
Cat Stevens
C&R Sun Properties LLC
Buyer's Agent
Heather Williams
Coldwell Banker Jme Realty
List Price
$307,500
Sold Price
$307,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
May 14, 2004
Sold by
Theus Sidney H and Theus Cynthia M
Bought by
Ploue John Jay and Ploue Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,400
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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

  • Christine Gray Real Estate Agent - Fathom Realty

    Christine Gray

    Fathom Realty

    (855) 852-8753

    43 Total Sales

    1 in Destin

    $298,750 Price

    Christine Gray
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  • Christine Baeza Real Estate Agent - Dockside Realty Inc

    Christine Baeza

    Responds Quickly

    Dockside Realty Inc

    (850) 904-5199

    123 Total Sales

    14 in Destin

    $210K - $2.8M Price Range

    Christine Baeza
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  • January Johnson Real Estate Agent - EXP Realty LLC

    January Johnson

    EXP Realty LLC

    (850) 771-4932

    127 Total Sales

    4 in Destin

    $330K - $1.4M Price Range

    January Johnson
     Section Image
  • Sabine Robertson Real Estate Agent - Sea Haus Realty

    Sabine Robertson

    Sea Haus Realty

    (850) 820-0038

    77 Total Sales

    6 in Destin

    $330K - $1.2M Price Range

    Sabine Robertson
     Section Image
  • Susan Sharpe Real Estate Agent - Exit Realty Anchor South

    Susan Sharpe

    Responds Quickly

    Exit Realty Anchor South

    (850) 467-9061

    41 Total Sales

    1 in Destin

    $800,000 Price

    Susan Sharpe
     Section Image
  • BRYAN CHRISTENSEN Real Estate Agent - Axen Realty LLC

    BRYAN CHRISTENSEN

    Axen Realty LLC

    (850) 716-1922

    35 Total Sales

    1 in Destin

    $230,000 Price

    BRYAN CHRISTENSEN
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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
$485,000 Nautilus Title & Escrow
L Squared Holdings Llc $194,131 Attorney
Latham William I $307,500 Nautilus Title & Escrow
Ploue John Jay $395,500 Mcneese Title 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
Open $291,000
Previous Owner Ploue John Jay $316,400
Previous Owner Theus Sidney H $128,500
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 Prior Sale
10/25/2021 10/25/21 Sold $485,000 0.0% $452 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $485,000 +57.7% $452 / Sq Ft
01/14/2019 01/14/19 Sold $307,500 0.0% $287 / Sq Ft View Prior Sale
12/01/2018 12/01/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $307,500 -- $287 / 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 $5,182 $437,500 $437,500
2024 $4,833 $437,500 $437,500
2023 $4,833 $437,500 $0 $437,500
2022 $4,127 $342,500 $0 $342,500
2021 $3,260 $262,500 $0 $262,500
2020 $3,159 $252,500 $0 $252,500
2019 $3,019 $242,500 $0 $242,500
2018 $2,729 $212,500 $0 $0
2017 $2,699 $206,500 $0 $0
2016 $2,682 $206,500 $0 $0
2015 $2,643 $199,500 $0 $0
2014 $2,473 $184,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • HW

    Seller's Agent in 2021

    Heather Williams

    Scenic Sotheby's International Realty

    (850) 502-0383

    32 Total Sales

    Heather Williams
    Section Image

  • NF

    Buyer's Agent in 2021

    Nicholas Feldner

    Emerald Coast Realty Pros Inc

    Section Image
  • Cat Stevens Real Estate Agent - C&R Sun Properties LLC

    Seller's Agent in 2019

    Cat Stevens

    C&R Sun Properties LLC

    (850) 428-4707

    55 Total Sales

    Cat Stevens
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About The Terrace at Pelican Beach

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 878855

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2500-0000-1102

Florida Okaloosa County Destin 32541

970 Highway 98 E Unit 1102, 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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