NOT LISTED FOR SALE

The Terrace at Pelican Beach 970 Highway 98 E Unit 407 Destin, FL 32541

Destin Area

Estimated Value: $576,456

3 Beds
3 Baths
1,400 Sq Ft
5 Acre Lot

Sale Details

Date Sold: November 4, 2021

Last sale price $520,000 $371 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,455 / mo

3 Days on Market

Highlights

  • Lake Front
  • Beach
  • Fitness Center
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Heated Pool

About This Home

As of November 2021

Upgraded unit on the 4th floor of the Terrace in the 7 stack that comes with a garage #27. This 1400 sq. ft. condo offers 3 bedrooms and 3 full baths and has one of the most beautiful views of Destin and the gulf. Kitchen has newer Samsung black stainless steel appliances, upgraded granite and cottage cabinet doors. The 3rd beddroom is a lockout unit with a kitchenette that includes a microwave, refrigerator and sink along with a private balcony and full bath. Projections are upt to 64,000 if you make this a platinum unit. The Terrace has a cross easment with Pelican Beach Resort and can use all the facilities there as well including the cafe, tiki bar, new 114 foot zero entry pool, gym, sauna, spa and the beach.

Last Agent to Sell the Property

Cat Stevens

C&R Sun Properties LLC License #3265002 Listed on: 09/29/2021

Last Buyer's Agent

Candice Powell

Coldwell Banker Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

HOA Fees

  • $698 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Concrete Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Deeded access to the beach
  • Deck
  • Built-In Barbecue

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2500-0000-0407

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, sewer, water, cable TV, trash
  • Terrace At Pelican Beach Subdivision
  • 16-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Exercise Course
  • Fishing
  • Tennis Courts

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

5 Acres

HOA Fees

$698 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TERRACE AT PELICAN BEACH
  • Directions: By Big Kahuna Water Park inside Pelican Beach Resort
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1999
  • Remarks Misc:Remarks: Upgraded unit on the 4th floor of the Terrace in the 7 stack that comes with a garage #27. This 1400 sq. ft. condo offers 3 bedrooms and 3 full baths and has one of the most beautiful views of Destin and the gulf. Kitchen has newer Samsung black stainless steel appliances, upgraded granite and cottage cabinet doors. The 3rd beddroom is a lockout unit with a kitchenette that includes a microwave, refrigerator and sink along with a private balcony and full bath. Projections are upt to 64,000 if you make this a platinum unit. The Terrace has a cross easment with Pelican Beach Resort and can use all the facilities there as well including the cafe, tiki bar, new 114 foot zero entry pool, gym, sauna, spa and the beach.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All, Owner's Closet, Pantry, Window Treatment All
  • Stories: 16
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Gulf
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: BBQ Pit/Grill, Deck Open, Pool - Heated, Tennis Court
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Tennis Court: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: See Remarks
  • General Property Info:Garage2: Yes
  • Parking Features:See Remarks4: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Gated Community, Pool, Sauna/Steam Room, TV Cable
  • Association #2 Fee: 698.1
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2500-0000-0407
  • ResoLotSizeUnits: Acres

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
Sep 29, 2021
Closed on
Oct 27, 2021
Sold by
Pruitt Shelley K and Pruitt Lester R
Bought by
Seller's Agent
Cat Stevens
C&R Sun Properties LLC
Buyer's Agent
Candice Powell
Coldwell Banker Realty
List Price
$520,000
Sold Price
$520,000
Current Estimated Value
$576,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,456
Avg. Annual Appreciation
2.13%
Original Mortgage
$531,960
Outstanding Balance
$475,117
Interest Rate
2.88%
Mortgage Type
VA
Estimated Equity
$101,339

Purchase Details

Closed on
Apr 7, 2004
Sold by
Pruitt Shelley K
Bought by
Pruitt Lester R and Pruitt Shelley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2004
Sold by
Lester Stephen A and Hulsey John B
Bought by
Pruitt Shelley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 12, 2003
Sold by
Luikart Carl S and Luikart Evelyn Diana G
Bought by
Lester Stephen A and Hulsey John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,955
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Destin, FL

  • Hillary Driscoll Olds Real Estate Agent - Lokation

    Hillary Driscoll Olds

    Lokation

    (850) 374-6717

    56 Total Sales

    5 in Destin

    $250K - $1.4M Price Range

    Hillary Driscoll Olds
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  • Brad Hilderbrand Real Estate Agent - Coastal Abode

    Brad Hilderbrand

    Coastal Abode

    (850) 904-4363

    42 Total Sales

    1 in Destin

    $608,000 Price

    Brad Hilderbrand
     Section Image
  • Mary Ann Troiano Real Estate Agent - Destin Luxury Real Estate and Rental

    Mary Ann Troiano

    Destin Luxury Real Estate and Rental

    (850) 467-9724

    30 Total Sales

    8 in Destin

    $135K - $3.3M Price Range

    Mary Ann Troiano
     Section Image
  • Jutta Schneider Real Estate Agent - Lucky Palms Realty

    Jutta Schneider

    Lucky Palms Realty

    (850) 749-4012

    139 Total Sales

    4 in Destin

    $305K - $622K Price Range

    Jutta Schneider
     Section Image
  • Kendall Hood Real Estate Agent - Compass

    Kendall Hood

    Compass

    (850) 374-6229

    113 Total Sales

    26 in Destin

    $455K - $10.1M Price Range

    Kendall Hood
     Section Image
  • Blake Jones Real Estate Agent - Scenic Sotheby's International Realty

    Blake Jones

    Scenic Sotheby's International Realty

    (850) 613-0130

    59 Total Sales

    2 in Destin

    $700K - $4.1M Price Range

    Blake Jones
     Section Image
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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
$520,000 Bright Line Title Llc
Pruitt Lester R -- --
Pruitt Shelley K $385,000 Title Works
Lester Stephen A $300,000 Southern 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 $531,960
Previous Owner Pruitt Lester R $250,000
Previous Owner Pruitt Lester R $77,000
Previous Owner Pruitt Shelley K $308,000
Previous Owner Lester Stephen A $264,955
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
11/04/2021 11/04/21 Sold $520,000 0.0% $371 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $520,000 -- $371 / 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 $6,028 $509,000 $509,000
2024 $5,592 $509,000 $509,000
2023 $5,592 $509,000 $0 $509,000
2022 $4,748 $394,000 $0 $394,000
2021 $3,961 $319,000 $0 $319,000
2020 $3,991 $319,000 $0 $319,000
2019 $3,900 $319,000 $0 $319,000
2018 $3,521 $279,000 $0 $0
2017 $3,202 $245,000 $0 $0
2016 $3,182 $245,000 $0 $0
2015 $3,126 $236,000 $0 $0
2014 $2,895 $217,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cat Stevens Real Estate Agent - C&R Sun Properties LLC

    Seller's Agent in 2021

    Cat Stevens

    C&R Sun Properties LLC

    (850) 428-4707

    55 Total Sales

    Cat Stevens
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  • Candice Powell Real Estate Agent - Coldwell Banker Realty

    Buyer's Agent in 2021

    Candice Powell

    Coldwell Banker Realty

    (850) 559-9197

    14 Total Sales

    Candice Powell
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About The Terrace at Pelican Beach

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 882768

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2500-0000-0407

Florida Okaloosa County Destin 32541

970 Highway 98 E Unit 407, Destin, FL

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.

Emerald Coast Association of REALTORS® 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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