Angela Lemke
Bastion Realty LLC
(850) 876-5697
20 Total Sales
13 in Destin
$289K - $940K Price Range
The Terrace at Pelican Beach 970 Highway 98 E Unit 307 Destin, FL 32541
Destin AreaEstimated Value: $559,497
3
Beds
2.5
Baths
1,400
Sq Ft
5
Acre Lot
Highlights
- Waterfront Community
- Fitness Center
- Gulf View
- Deeded access to the beach
- Fishing
- Primary Bedroom Suite
About This Home
As of January 2024Similar units doing nearly $70,000 in rental income for 2022! Nestled in the heart of Destin on the coveted Highway 98, Unit 307 promises a blend of luxury and coastal charm. As you step inside, be greeted by a modern interior that seamlessly combines comfort and style, from updated appliances to elegant granite countertops. The spacious open floor plan invites you to relax and soak in the breathtaking Gulf views right from your private balcony. Beyond the walls of this sanctuary, a world of top-tier amenities awaits, from a state-of-the-art fitness center to a shimmering pool that beckons on sun-drenched days. Whether you're seeking a tranquil retreat, a vibrant hub for entertaining, or a savvy investment in Destin's bustling property market, this condo is a gem waiting to be discovered. Dive into the best of coastal living and make Unit 307 your next home or getaway.
Last Agent to Sell the Property
Dream Destin Realty PLLC License #3470752 Listed on: 10/06/2023
Last Buyer's Agent
Lawson Craft
Anchor Realty Florida
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,431
Year Built
- Built in 1999
Lot Details
- 5
HOA Fees
- $1,035 Monthly HOA Fees
Property Views
Home Design
- Concrete Siding
Interior Spaces
- 1,400 Sq Ft Home
- Furnished
- Woodwork
- Ceiling Fan
- Double Pane Windows
- Window Treatments
- Insulated Doors
- Dining Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Self-Cleaning Oven
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Painted or Stained Flooring
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Dressing Area
Laundry
- Dryer
- Washer
Home Security
Eco-Friendly Details
- Energy-Efficient Doors
Outdoor Features
- Deeded access to the beach
- Lock
- 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-22-2500-0000-0307
Community Details
Overview
- Association fees include accounting, ground keeping, insurance, licenses/permits, management, recreational faclty, repairs/maintenance, security, sewer, supplies, water, cable TV
- 108 Buildings
- 108 Units
- Terrace At Pelican Beach Subdivision
- 16-Story Property
Amenities
- Community Barbecue Grill
- Sauna
- Game Room
- Meeting Room
- Elevator
Recreation
- Exercise Course
- Community Whirlpool Spa
- Fishing
Security
- Building Fire Alarm
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2023
Closed on
Jan 30, 2024
Sold by
Bought by
Seller's Agent
Dustin Cornwell
Dream Destin Realty PLLC
Buyer's Agent
Lawson Craft
Anchor Realty Florida
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Views
194
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,503
Avg. Annual Appreciation
-3.38%
Original Mortgage
$420,000
Outstanding Balance
$410,123
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$149,374
Purchase Details
Closed on
Feb 4, 2022
Sold by
Bought by
Purchase Details
Closed on
Feb 24, 2011
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Destin, FL
-
Angela Lemke
-
Justin Myers
Justin Myers
EXP Realty LLC
(850) 613-0652
141 Total Sales
6 in Destin
$365K - $3.9M Price Range
-
Jessica Rintala
Jessica Rintala
Beach Sunsets Inc
(850) 613-0822
21 Total Sales
1 in Destin
$376,000 Price
-
Sandra Sharpe
Sandra Sharpe
Coldwell Banker Realty
(850) 904-4434
62 Total Sales
14 in Destin
$215K - $1.2M Price Range
-
Cheramie Reeder
Cheramie Reeder
LPT Realty LLC
(850) 788-2527
43 Total Sales
4 in Destin
$458K - $620K Price Range
-
Matthew Hoover
Matthew Hoover
Responds QuicklyThe Property Group 850 Inc
(850) 612-8601
35 Total Sales
1 in Destin
$210,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $610,000 | Emerald Coast Title Services | ||
| $560,000 | Emerald Coast Title Services | ||
| $200,000 | Mcgill Escrow & Title Llc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $420,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/30/2024 01/30/24 | Sold | $610,000 | -6.0% | $436 / Sq Ft |
| 01/02/2024 01/02/24 | Pending | -- | -- | -- |
| 12/01/2023 12/01/23 | Price Changed | $649,000 | -0.2% | $464 / Sq Ft |
| 10/06/2023 10/06/23 | For Sale | $650,000 | -- | $464 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,993 | $506,000 | $506,000 | |
| 2024 | $6,045 | $506,000 | $506,000 | |
| 2023 | $6,045 | $506,000 | $0 | $506,000 |
| 2022 | $4,431 | $391,000 | $0 | $391,000 |
| 2021 | $3,924 | $316,000 | $0 | $316,000 |
| 2020 | $3,954 | $316,000 | $0 | $316,000 |
| 2019 | $3,858 | $316,000 | $0 | $316,000 |
| 2018 | $3,481 | $276,000 | $0 | $0 |
| 2017 | $3,163 | $242,000 | $0 | $0 |
| 2016 | $3,143 | $242,000 | $0 | $0 |
| 2015 | $3,083 | $233,000 | $0 | $0 |
| 2014 | $2,853 | $214,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dustin Cornwell
Seller's Agent in 2024
Dustin Cornwell
Dream Destin Realty PLLC
(850) 533-7033
66 Total Sales
-
L
Buyer's Agent in 2024
Lawson Craft
Anchor Realty Florida
About The Terrace at Pelican Beach
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 933950
APN: 00-2S-22-2500-0000-0307
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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