$280,000
SOLD OCT 2, 2017

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

3 Beds
2 Baths
1,240 Sq Ft
$516/mo HOA Fee

Recently Sold

$226 Per Sq Ft

Highlights

  • Lake Front
  • Beach
  • In Ground Pool
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Gulf View

About This Home

As of July 2025

Enjoy beautiful views of the lake and the crystalline green waters of the Emerald Coast from this NEVER RENTED UNIT! The property is across the street from Big Kahuna. This complex is located in the heart of Destin and is close to great shopping, dining, public golf courses and water sports. For the fishing enthusiast, the Destin harbor offers many charters. Upon entering this lovely unit with an open floor plan, you will quickly notice the seller's pride of ownership. The fully furnished unit is tastefully appointed and is in very good condition. The kitchen features solid surface counter tops, tile floors and and is open to the dining/living area. The amenities include tennis courts, gym, game room, grills & 3 pools. Buyer to verify all unit dimensions. A 1 year home warranty provided!!

Last Agent to Sell the Property

Venita Brannon

Coldwell Banker Realty License #3140385 Listed on: 08/21/2017

Coldwell Banker Realty

Last Buyer's Agent

Lisa Hughley and Associates

Classic Luxury Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,225

Year Built

  • Built in 1999

Lot Details

HOA Fees

  • $516 Monthly HOA Fees

Property Views

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Shower Only

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Built-In Barbecue

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, insurance, recreational faclty, security, sewer, water, cable TV, trash
  • 95 Buildings
  • 95 Units
  • The Terrace At Pelican Beach Subdivision
  • Handicap Modified Features In Community
  • 16-Story Property

Amenities

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

Recreation

  • Beach
  • Community Whirlpool Spa

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: The Terrace At Pelican Beach
  • Directions: From the Destin bridge, go east on Highway 98. You will pass Target on the left and continue to go east. Turn right into the Pelican Beach Resort. The Terrace will be the first building on the right. You have gone too far east if you pass Big Kahuna on the left.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 16
  • 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
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Balcony2: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None
  • Stories: 16

Interior Features

  • Number Of Buildings: 95
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Trash Compactor, Warranty Provided, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Floor Tile, Floor WW Carpet New, Furnished - All, Pantry, Split Bedroom, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Trash Compactor: Yes
  • Appliances:Warranty Provided: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Floor WW Carpet New: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Gulf
  • Waterfront Features: Gulf, Lake
  • Waterfront: Yes
  • Exterior Features: Balcony, BBQ Pit/Grill, Pool - In-Ground, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes

Utilities

  • Cooling: Ceiling Fan(s), 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, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Game Room, Handicap Provisions, Picnic Area, Pool, Project, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 516.48
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, 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: 95

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: 780698

Emerald Coast Association of REALTORS®

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