$430,000
SOLD MAR 31, 2021

The Terrace at Pelican Beach 970 Highway 98 E Unit 304 Destin, FL 32541

3 Beds
2 Baths
1,240 Sq Ft
$588/mo HOA Fee

Recently Sold

$347 Per Sq Ft

157 Days on Market

Highlights

  • Lake Front
  • Beach
  • Gulf View
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Newly Painted Property

About This Home

As of July 2025

Highly desirable and rarely available floor plan in The Terrace at Pelican Beach!!!!
Three large bedrooms + pull-out sofa sleeps 8 comfortably. Panoramic views of one of the community pools, small lake and the Gulf! Large balcony accommodates multiple seating
areas, and access from both the living room and master suite! Newly renovated with designer tile flooring throughout, designer lighting, solid surface counters, new paint, new stainless appliances, and all new furnishings and decor! This is a rental machine!!! All furnishings are included. Pelican Beach Resort features multiple pools (including a brand new pool currently being built), fitness center, tiki bar, and private beach access. New HVAC System in 2019.

Last Agent to Sell the Property

Tony Manthey

The Premier Property Group License #3277669 Listed on: 09/08/2020

Last Buyer's Agent

Tony Manthey

The Premier Property Group License #3277669 Listed on: 09/08/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,710

Year Built

  • Built in 1999 | Remodeled

Lot Details

HOA Fees

  • $588 Monthly HOA Fees

Property Views

Home Design

  • Newly Painted Property

Interior Spaces

  • 1,240 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Dining Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Dressing Area
  • 2 Full Bathrooms
  • Garden Bath

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-22-2500-0000-0304

Community Details

Overview

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

Amenities

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

Recreation

  • Beach
  • Community Whirlpool Spa

Security

  • Building Fire Alarm
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,710

Year Built

Built in 1999 | Remodeled

Lot Details

0

HOA Fees

$588 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TERRACE AT PELICAN BEACH
  • Directions: Hwy 98 across the street from Big Kahuna, turn into The Pelican Beach Resort. The Terrace at Pelican Beach is on the right just past the Guard Building.
  • Architectural Style: N/A
  • Carport Y N: No
  • 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
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Waterview:Lake2: Yes
  • Energy:Storm Windows: Yes
  • Waterfront:Lake: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 98
  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Wine Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Newly Painted, Owner's Closet, Renovated, Washer/Dryer Hookup, Window Treatment All
  • Stories: 15
  • Window Features: Double Pane Windows, Storm Window(s)
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: 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
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Appliances:Wine Refrigerator: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Gulf
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Game Room, Handicap Provisions, Laundry, Pavillion/Gazebo, Pool, Tennis, TV Cable, Whirlpool
  • Association #2 Fee: 588.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Master Association, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash

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

Multi Family

  • Number Of Units In Community: 98

Tax Info

  • Tax Annual Amount: 3710.22
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

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
8.44%
Original Mortgage
$387,000
Outstanding Balance
$353,176
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$257,534

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

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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 $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
Open $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: 854971

Emerald Coast Association of REALTORS®

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