$362,500
SOLD OCT 12, 2018
3 Beds
2 Baths
1,240 Sq Ft
$516/mo HOA Fee

Recently Sold

$292 Per Sq Ft

58 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Furnished
  • Destin Elementary School Rated A-
  • Gulf View
  • Wine Refrigerator

About This Home

As of July 2025

This 3 Bedroom/2 Bath has amazing panoramic views of the pool, lake and gulf! Easy walk to the beach! Freshly renovated with furnishings & decor, new tile flooring throughout, lighting, brand new washer & dryer, plus much more! All furnishings and decor included! This condo is a remarkable vacation rental! Similar condo in the same building made $55K gross 1st year, May to May and an additional estimated $35k+ June, July & August bookings! Pelican Beach Resort has something for everyone, with 3 pools, fitness center, tiki bar, and much more! Very Close to the Beach!

Last Agent to Sell the Property

Lisa Hughley and Associates

Classic Luxury Real Estate LLC Listed on: 07/27/2018

Last Buyer's Agent

Tony Manthey

The Premier Property Group License #3277669

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,225

Year Built

  • Built in 1999

HOA Fees

  • $516 Monthly HOA Fees

Property Views

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Double Pane Windows
  • Window Treatments
  • Dining Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dressing Area
  • 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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2500-0000-0304

Community Details

Overview

  • Association fees include accounting, ground keeping, security
  • Terrace At Pelican Beach Subdivision

Amenities

  • Community Barbecue Grill
  • Game Room
  • Laundry Facilities
  • Elevator

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,225

Year Built

Built in 1999

Lot Details

0

HOA Fees

$516 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TERRACE AT PELICAN BEACH
  • Directions: Hwy 98 E Across From the Big Kahuna. Turn into The Pelican Beach Resort and The Terrace building is on the right
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1999
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Double Pane Windows: Yes
  • Waterview:Lake2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Wine Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet, Window Treatment All
  • Window Features: Double Pane Windows
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Appliances:Wine Refrigerator: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Gulf
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: 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, Beach, Deed Access, Dumpster, Elevators, Exercise Room, Game Room, Laundry, Pool, Tennis, TV Cable
  • Association #2 Fee: 516.48
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Security

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2500-0000-0304
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Jul 29, 2025
Sold by
Kinnard Keith and Kinnard Tiffany
Bought by
Taft Ghizlaine and Taft Michael E
Seller's Agent
Tony Manthey
The Premier Property Group
Buyer's Agent
Scott Martineau
RE/MAX Coastal Properties
List Price
$625,000
Sold Price
$535,000
Premium/Discount to List
-$90,000
-14.4%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
176.80%

Purchase Details

Listed on
Sep 8, 2020
Closed on
Mar 31, 2021
Sold by
Bauer Kimberly Anna and Kimberly Anna Bauer Living Tru
Bought by
Kinnard Keith and Kinnard Tiffany
Seller's Agent
Tony Manthey
The Premier Property Group
Buyer's Agent
Tony Manthey
The Premier Property Group
List Price
$430,000
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$387,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2018
Closed on
Oct 10, 2018
Sold by
Cimesq Llc
Bought by
Bauer Kimberly Anna and The Kimberly Anna Bauer Living
Seller's Agent
Lisa Hughley and Associates
Classic Luxury Real Estate LLC
Buyer's Agent
Tony Manthey
The Premier Property Group
List Price
$362,500
Sold Price
$362,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%

Purchase Details

Listed on
Aug 21, 2017
Closed on
Sep 29, 2017
Sold by
Hosman Donnita A and Hosman Melvin
Bought by
Cjmesq Llc
Seller's Agent
Venita Brannon
Coldwell Banker Realty
Buyer's Agent
Lisa Hughley and Associates
Classic Luxury Real Estate LLC
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.49%
Original Mortgage
$224,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 3, 2000
Sold by
The Terrace At Pelican Inc
Bought by
Allen Thresea F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.23%
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 Type Sale Price Title Company
Warranty Deed $535,000 Osprey Title
Warranty Deed $430,000 Attorney
Warranty Deed $362,500 Provident Title Llc
Warranty Deed $280,000 Mcneese Title Llc
Corporate Deed $249,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $387,000 New Conventional
Previous Owner $224,000 Adjustable Rate Mortgage/ARM
Previous Owner $163,600 Unknown
Previous Owner $180,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Sold $535,000 -10.7% $431 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
11/20/2024 11/20/24 Price Changed $599,000 -4.2% $483 / Sq Ft
08/07/2024 08/07/24 For Sale $625,000 +45.3% $504 / Sq Ft
03/31/2021 03/31/21 Sold $430,000 0.0% $347 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
09/08/2020 09/08/20 For Sale $430,000 +18.6% $347 / Sq Ft
10/12/2018 10/12/18 Sold $362,500 0.0% $292 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $362,500 +29.5% $292 / Sq Ft
10/02/2017 10/02/17 Sold $280,000 0.0% $226 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $280,000 +23.3% $226 / Sq Ft
04/16/2012 04/16/12 Sold $227,000 0.0% $183 / Sq Ft
03/07/2012 03/07/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $227,000 -- $183 / 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 $5,225 $502,500 -- $502,500
2023 $5,225 $502,500 $0 $502,500
2022 $4,188 $347,500 $0 $347,500
2021 $3,757 $302,500 $0 $302,500
2020 $3,660 $292,500 $0 $292,500
2019 $3,710 $292,500 $0 $292,500
2018 $2,921 $227,500 $0 $0
2017 $2,856 $218,500 $0 $0
2016 $2,838 $218,500 $0 $0
2015 $2,785 $210,500 $0 $0
2014 $2,579 $193,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 804024

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2500-0000-0304