Blaine Atkinson
Live 30A Real Estate LLC
(850) 805-8023
12 Total Sales
1 in Destin
$1,100,000 Price
The Terrace at Pelican Beach 970 Highway 98 E Unit 1105 Destin, FL 32541
Destin AreaEstimated Value: $459,000 - $520,000
2
Beds
2
Baths
1,072
Sq Ft
1999
Built
Highlights
- Lake Front
- Beach
- Fitness Center
- Destin Elementary School Rated A-
- Deeded access to the beach
- Gulf View
About This Home
As of September 2025Gulf 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.
Last Agent to Sell the Property
Levin Rinke Realty License #3045066 Listed on: 04/02/2025
Last Buyer's Agent
Abram Samuel Narvaez
EXP Realty LLC License #3622957
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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
- Primary Bedroom Suite
- 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
- Meeting Room
- Elevator
Recreation
- Beach
- 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
Apr 2, 2025
Closed on
Sep 22, 2025
Sold by
Funkhouser Gary Thomas and Funkhouser Sarahanne
Bought by
Seller's Agent
Jodi Van Wagner
Levin Rinke Realty
Buyer's Agent
Abram Samuel Narvaez
EXP Realty LLC
List Price
$485,000
Sold Price
$481,588
Premium/Discount to List
-$3,413
-0.7%
Views
27
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
-$11,481
Avg. Annual Appreciation
-0.44%
Original Mortgage
$385,270
Outstanding Balance
$382,103
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$97,472
Purchase Details
Listed on
Oct 1, 2021
Closed on
Nov 30, 2021
Sold by
Thrasher Patricia W
Bought by
Funkhouser Gary Thomas and Funkhouser Sarahanne
Seller's Agent
Cat Stevens
C&R Sun Properties LLC
Buyer's Agent
Cat Stevens
C&R Sun Properties LLC
List Price
$420,000
Sold Price
$420,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$420,000
Interest Rate
3.09%
Mortgage Type
VA
Purchase Details
Closed on
Sep 30, 2005
Sold by
Keenan Joseph E and Keenan Ruth Ann
Bought by
Thrasher Patricia W
Purchase Details
Closed on
Sep 16, 2002
Sold by
Grant Mark A and Grant Kathy H
Bought by
Keenan Joseph E and Keenan Ruth Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,840
Interest Rate
6.3%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Destin, FL
-
Blaine Atkinson
-
Dahler & Co.
Dahler & Co.
Scenic Sotheby's International Realty
(850) 749-3419
231 Total Sales
5 in Destin
$713K - $2.9M Price Range
-
Karen Phillips
Karen Phillips
The Agency Northwest Florida Beaches
(850) 812-5849
103 Total Sales
5 in Destin
$215K - $3.4M Price Range
-
Marci McKague
Marci McKague
The 1867 Collective
(803) 784-0154
65 Total Sales
2 in Destin
$400K - $495K Price Range
-
Harman, Jones, Sullivan
Harman, Jones, Sullivan
Responds QuicklyWatersound Real Estate
(629) 240-8614
582 Total Sales
1 in Destin
$1,340,000 Price
-
JJ Botelho
JJ Botelho
Coastal Realty Services
(850) 467-9765
31 Total Sales
2 in Destin
$470K - $721K Price Range
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 |
|---|---|---|---|
| $481,600 | None Listed On Document | ||
| Funkhouser Gary Thomas | $420,000 | Vintage Title & Escrow Inc | |
| Thrasher Patricia W | $450,000 | Southern Escrow & Title Llc | |
| Keenan Joseph E | $249,800 | Touchstone Land Title Inc |
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 | $385,270 | ||
| Closed | Funkhouser Gary Thomas | $420,000 | |
| Previous Owner | Keenan Joseph E | $199,840 |
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 |
|---|---|---|---|---|---|
| 09/30/2025 09/30/25 | Sold | $481,588 | -0.7% | $449 / Sq Ft | |
| 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 | View Prior Sale |
| 10/05/2021 10/05/21 | Pending | -- | -- | -- | |
| 10/01/2021 10/01/21 | For Sale | $420,000 | -- | $392 / 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
-
Jodi Van Wagner
Seller's Agent in 2025
Jodi Van Wagner
Levin Rinke Realty
(850) 723-1907
89 Total Sales
-
AS
Buyer's Agent in 2025
Abram Samuel Narvaez
EXP Realty LLC
-
Cat Stevens
Seller's Agent in 2021
Cat Stevens
C&R Sun Properties LLC
(850) 428-4707
55 Total Sales
About The Terrace at Pelican Beach
Map
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.
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