NOT LISTED FOR SALE

The Terrace at Pelican Beach 970 Highway 98 E Unit 1207 Destin, FL 32541

Estimated Value: $634,349 - $811,000

3 Beds
3 Baths
1,347 Sq Ft
$564/mo HOA Fee

Last Sold April 20, 2016

Last sale price $340,000 $252 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,715/month

24 Days on Market

Highlights

  • Spa
  • Fishing
  • Bay View
  • Destin Elementary School Rated A-
  • Sauna
  • Gated Community

About This Home

As of April 2016

Wow! What perfection inside this 12th floor prime location with a wrap around balcony that has a 270 degree view of the Gulf, Harbor and Bay. New Sofas and carpeting in bedrooms. This beachy- themed unit it turn-key rental ready. The Lock-out 1 bedroom has a wet bar and private bath that opens the door to many possibilities. Covered parking. Rental income 2015:28,245.00 Thru Pelican Beach Management. Call me to show.

Last Agent to Sell the Property

Cat Stevens

C&R Sun Properties LLC License #3265002 Listed on: 02/23/2016

Last Buyer's Agent

Cat Stevens

C&R Sun Properties LLC License #3265002 Listed on: 02/23/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,231

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 5

HOA Fees

  • $564 Monthly HOA Fees

Property Views

Home Design

  • Concrete Siding

Interior Spaces

  • 1,347 Sq Ft Home
  • Wet Bar
  • Partially Furnished
  • Dining Room
  • Sauna
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Deeded Parking

Pool

  • Spa
  • Heated Pool

Outdoor Features

  • Lock
  • Balcony
  • Built-In Barbecue

Schools

  • Destin Elementary School
  • Bruner 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-22-2500-0000-1207

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, legal, management, recreational faclty, security, sewer, water, cable TV, trash
  • 98 Buildings
  • 98 Units
  • Terrace At Pelican Beach Subdivision
  • Handicap Modified Features In Community
  • 16-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room
  • Elevator

Recreation

  • Fishing

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,231

Year Built

Built in 1999 | Remodeled

Lot Details

0

HOA Fees

$564 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TERRACE AT PELICAN BEACH
  • Directions: Hwy 98 across from Big Kahuna water park
  • Architectural Style: N/A
  • New Construction: No
  • Year Built: 1999
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Harbor2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterview:Bay2: Yes
  • Rooms:Balcony2: Yes
  • Waterview:Lake2: Yes
  • Waterview:Lagoon2: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 98
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - Some, Lock Out, Owner's Closet, Renovated, Wet Bar
  • Stories: 16
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Lagoon, Harbor, Gulf, Bay
  • Construction Type: Concrete
  • Exterior Features: Balcony, BBQ Pit/Grill, Hot Tub, Pool - Heated, Sauna/Steam, Tennis Court
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:SaunaSteam: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Tennis Court: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered, Deeded
  • Parking Features:Covered: Yes
  • Parking Features:Deeded: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Elevators, Exercise Room, Fishing, Gated Community, Handicap Provisions, Picnic Area, Pool, Tennis, TV Cable
  • Association #2 Fee: 564.34
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Legal, Management, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2500-0000-1207
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 98

Tax Info

  • Tax Annual Amount: 3231.41
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2024
Sold by
Walter G Hasselt Trust and Hasselt Walter G
Bought by
Lac Tele Llc
Current Estimated Value
$694,837

Purchase Details

Listed on
Feb 23, 2016
Closed on
Apr 21, 2016
Sold by
Cinelli Michael A and Cinelli Michael A
Bought by
Hasselt Walter G and Walter G Hasselt Trust
Seller's Agent
Cat Stevens
C&R Sun Properties LLC
Buyer's Agent
Cat Stevens
C&R Sun Properties LLC
List Price
$340,000
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Mar 13, 2003
Sold by
Jones Louise B
Bought by
Cinelli Michael A and Ogrady Eileen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,500
Interest Rate
5.88%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lac Tele Llc $100 None Listed On Document
Hasselt Walter G $340,000 --
Cinelli Michael A $362,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cinelli Michael A $271,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2016 04/20/16 Sold $340,000 0.0% $252 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $340,000 -- $252 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $5,604 $533,000 -- $533,000
2023 $5,604 $533,000 $0 $533,000
2022 $4,774 $418,000 $0 $418,000
2021 $4,259 $343,000 $0 $343,000
2020 $4,292 $343,000 $0 $343,000
2019 $4,237 $343,000 $0 $343,000
2018 $3,845 $303,000 $0 $0
2017 $3,516 $269,000 $0 $0
2016 $3,494 $269,000 $0 $0
2015 $3,444 $260,000 $0 $0
2014 $3,231 $241,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cat Stevens

    Seller's Agent in 2016

    Cat Stevens

    C&R Sun Properties LLC

    (850) 428-4707

    52 in this area

    73 Total Sales

    Cat Stevens
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About The Terrace at Pelican Beach

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 725667

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2500-0000-1207

Florida Okaloosa County Destin 32541

970 Highway 98 E Unit 1207, Destin, FL

This home is located at 970 Highway 98 E Unit 1207, Destin, FL 32541 since 23 February 2016 and is currently estimated at $694,837, approximately $515 per square foot. This property was built in 1999. 970 Highway 98 E Unit 1207 is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach High School.

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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