NOT LISTED FOR SALE

Estimated Value: $631,000 - $712,000

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. 96% increase in value since last sale

Current estimated payment $4,552/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
  • Remarks Misc:Remarks: 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.
  • 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
$666,780

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
7.09%

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
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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

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 $6,313 $533,000 -- $533,000
2024 $5,820 $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

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 725667

Emerald Coast Association of REALTORS®

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