The Terrace at Pelican Beach 970 Highway 98 E Unit 202 Destin, FL 32541
Estimated payment $3,918/month
Highlights
- Lake Front
- Deeded access to the beach
- Main Floor Primary Bedroom
- Destin Elementary School Rated A-
- Fishing
- Sauna
About This Home
Welcome to your perfect slice of paradise at Terrace at Pelican Beach in the heart of Destin, Florida! 2024 GRI $60K, 2025 YTD $51K. This beautifully updated 2-bedroom, 2-bath condo is ideally located on the 2nd floor, offering easy access—no elevator waits required. Step into a freshly remodeled kitchen featuring new cabinets, granite countertops, and stainless-steel appliances—all replaced in 2024, along with a new HVAC system and hot water heater for year-round comfort and efficiency. The unit is carpet-free for a clean, coastal feel throughout. Sold fully furnished! Whether you're looking for a lucrative investment, a relaxing second home, or a permanent beachside residence, this condo checks all the boxes. The Terrace is located in one of the most popular vacation complexes on the Emerald Coast. Terrace at Pelican has their own pool and grill area, The owners and guests at the Terrace also have unlimited use to all of Pelican Beach amenities including three pools (indoor & outdoor), an indoor sauna & steam room, gym, tennis, covered parking, conference rooms, game room, café, tiki bar, & beach service. The new 114 ft zero entry pool right on the beach with 12 seat spa is absolutely making this resort the optimum vacation destination. This resort is located near Destin's top dining, shopping, and entertainment, this unit offers exceptional value, convenience, and income potential.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,298
Year Built
- Built in 1999
Lot Details
HOA Fees
- $1,053 Monthly HOA Fees
Home Design
- Mirrored Walls
- Concrete Siding
Interior Spaces
- 1,072 Sq Ft Home
- Furnished
- Ceiling Fan
- Double Pane Windows
- Window Treatments
- Dining Room
- Tile Flooring
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Self-Cleaning Oven
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Dressing Area
- 2 Full Bathrooms
- Cultured Marble Bathroom Countertops
Laundry
- Dryer
- Washer
Home Security
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
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2500-0000-0202
Community Details
Overview
- Association fees include accounting, ground keeping, insurance, internet service, legal, licenses/permits, management, master, utilities, recreational faclty, repairs/maintenance, security, sewer, water, cable TV, trash
- Terrace At Pelican Beach Subdivision
- 16-Story Property
Amenities
- Community Barbecue Grill
- Picnic Area
- Sauna
- Recreation Room
- Elevator
Recreation
- Community Whirlpool Spa
- Fishing
Security
- Fire and Smoke Detector
- Fire Sprinkler System
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 | $4,152 | $415,000 | -- | $415,000 |
| 2023 | $4,152 | $415,000 | $0 | $415,000 |
| 2022 | $3,494 | $320,000 | $0 | $320,000 |
| 2021 | $2,980 | $240,000 | $0 | $240,000 |
| 2020 | $2,877 | $230,000 | $0 | $230,000 |
| 2019 | $2,719 | $220,000 | $0 | $220,000 |
| 2018 | $2,440 | $190,000 | $0 | $0 |
| 2017 | $2,405 | $184,000 | $0 | $0 |
| 2016 | $2,390 | $184,000 | $0 | $0 |
| 2015 | $2,345 | $177,000 | $0 | $0 |
| 2014 | $2,173 | $162,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/12/2025 09/12/25 | Price Changed | $478,000 | -2.0% | $446 / Sq Ft | |
| 06/20/2025 06/20/25 | For Sale | $488,000 | +192.2% | $455 / Sq Ft | |
| 10/14/2020 10/14/20 | Off Market | $167,000 | -- | -- | |
| 05/22/2012 05/22/12 | Sold | $167,000 | 0.0% | $156 / Sq Ft | View Prior Sale |
| 04/24/2012 04/24/12 | Pending | -- | -- | -- | |
| 04/17/2012 04/17/12 | For Sale | $167,000 | -- | $156 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $167,000 | None Available |
Source: Emerald Coast Association of REALTORS®
MLS Number: 979241
APN: 00-2S-22-2500-0000-0202
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