The Terrace at Pelican Beach 970 Highway 98 E Unit 1105 Destin, FL 32541
Estimated payment $4,044/month
Highlights
- Lake Front
- Beach
- Gulf View
- Destin Elementary School Rated A-
- Deeded access to the beach
- Main Floor Primary Bedroom
About This Home
Gulf Views | Turnkey Vacation Rental | VA Loan Assumption Available! Welcome to your coastal retreat in the heart of Destin, Florida! Perched on the 11th floor, this beautifully updated 2-bedroom, 2-bath condo offers sweeping views of the Gulf of Mexico & tranquil lake waters—a stunning backdrop for both sunrise coffee and sunset cocktails. Step inside to discover a tastefully upgraded interior, thoughtfully designed for both comfort and style. This unit is being sold fully furnished & is turnkey ready, making it an ideal investment property. Situated directly across from Big Kahuna's Water Park and just moments from Destin's world-famous sugar-white beaches, dining, shopping, and entertainment—the location truly can't be beat. For VA-qualified buyers, an incredible opportunity awaits: Assume the seller's VA loan at a remarkable 2.5% interest ratea rare find in today's market (Must be able to qualify for VA using your own entitlement). Additional highlights include: *Milestone inspections completed *No special assessments *Modern finishes and elegant decor throughout *Strong rental history and income potential! Whether you're looking to invest or settle into your own slice of paradise, this condo checks every box. Schedule your private showing today and experience the coastal lifestyle you've been dreaming of.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,034
Year Built
- Built in 1999
Lot Details
HOA Fees
- $1,053 Monthly HOA Fees
Property Views
Home Design
- Concrete Siding
Interior Spaces
- 1,072 Sq Ft Home
- Furnished
- Ceiling Fan
- Window Treatments
- Living Room
- Vinyl Flooring
Kitchen
- Electric Oven or Range
- Induction Cooktop
- Microwave
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deeded access to the beach
- Balcony
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Community Sewer or Septic
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2500-0000-1105
Community Details
Overview
- Association fees include accounting, ground keeping, insurance, management, recreational faclty, sewer, cable TV, trash
- Terrace At Pelican Beach Subdivision
- 15-Story Property
Amenities
- Community Barbecue Grill
- Picnic Area
- Community Pavilion
- Sauna
- Game Room
- Recreation Room
- Elevator
Recreation
- Beach
Map
About The Terrace at Pelican Beach
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 | $4,833 | $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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2025 08/24/25 | Pending | -- | -- | -- |
| 04/02/2025 04/02/25 | For Sale | $485,000 | +15.5% | $452 / Sq Ft |
| 11/30/2021 11/30/21 | Sold | $420,000 | 0.0% | $392 / Sq Ft |
| 10/05/2021 10/05/21 | Pending | -- | -- | -- |
| 10/01/2021 10/01/21 | For Sale | $420,000 | -- | $392 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $420,000 | Vintage Title & Escrow Inc | |
| Warranty Deed | $450,000 | Southern Escrow & Title Llc | |
| Warranty Deed | $249,800 | Touchstone Land Title Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | VA | |
| Previous Owner | $199,840 | No Value Available |
Source: Emerald Coast Association of REALTORS®
MLS Number: 972869
APN: 00-2S-22-2500-0000-1105
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.
- 970 U S 98 Unit 107
- 970 U S 98 Unit 305
- 970 U S 98 Unit 1107
- 970 U S 98 Unit 101
- 970 Highway 98 E Unit 202
- 970 Highway 98 E Unit 301
- 970 Highway 98 E Unit 303
- 970 Highway 98 E Unit 1203
- 970 Highway 98 E Unit 406
- 1002 Highway 98 E Unit 908
- 1002 Highway 98 E Unit 2004
- 1002 Highway 98 E Unit 810
- 1002 Highway 98 E Unit 2003
- 1002 Highway 98 E Unit 914
- 1002 Highway 98 E Unit 312
- 1002 Highway 98 E Unit 217
- 1002 Highway 98 E Unit 1814
- 1006 Highway 98 E Unit 314
- 1006 Highway 98 E Unit 221
- 1006 Highway 98 E Unit 431