The Terrace at Pelican Beach 970 Highway 98 E Unit 503 Destin, FL 32541
Destin AreaEstimated payment $2,774/month
Highlights
- Beach
- Fitness Center
- Primary Bedroom Suite
- Destin Elementary School Rated A-
- Gulf View
- Gated Community
About This Home
Exceptional value in the heart of Destin at Terrace at Pelican Beach! Unit 503 offers an affordable opportunity to own a Destin vacation property while enjoying the extensive amenities and private deeded beach access of Pelican Beach Resort. Thoughtfully updated with new flooring, an updated kitchen, appliances, and bathrooms, this condo is ready to enjoy as a personal beach getaway or vacation rental.
One of the standout features is the view. Step outside and take in sweeping views down the Destin Harbor toward the Destin Bridge, creating a beautiful backdrop for western sunsets from your private balcony. The central Destin location puts you close to the beach, harbor, restaurants, shopping, boating, and many of the area's most popular attractions.
Ownership at the Terrace provides access to an impressive resort amenity package, including private deeded beach access, three pools, three hot tubs, tennis and pickleball courts, a game room, and fitness centers at both Pelican Beach and the Terrace. Owners and guests can also enjoy the Pelican Beach Cafe and beachfront Tiki Bar.
With updated interiors, a desirable harbor and sunset view, extensive resort amenities, and one of the most accessible price points at the Terrace, Unit 503 presents an excellent opportunity for buyers looking to get into the Destin vacation rental and second-home market without sacrificing location or amenities.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,615
Year Built
- Built in 1999
Property Views
Home Design
- Block Exterior
Interior Spaces
- 1,072 Sq Ft Home
- Living Room
Kitchen
- Cooktop
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Suite
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Schools
- Destin Elementary And Middle School
- Destin High School
Additional Features
- Balcony
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2500-0000-0503
Community Details
Overview
- Property has a Home Owners Association
- Association fees include ground keeping, insurance, land recreation, security, sewer, TV cable, telephone, trash, water, internet service, ground maintenance, cable TV, internet
- Terrace At Pelican Beach Subdivision
Amenities
- Community Barbecue Grill
- Sauna
- Game Room
- Meeting Room
- Elevator
Recreation
- Beach
- Exercise Course
Security
- Gated Community
- Fire and Smoke Detector
Map
About The Terrace at Pelican Beach
Home Values in the Area
Average Home Value in this Area
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 | $4,615 | $422,500 | $422,500 | |
| 2024 | $4,251 | $422,500 | $422,500 | |
| 2023 | $4,251 | $422,500 | $0 | $422,500 |
| 2022 | $3,589 | $327,500 | $0 | $327,500 |
| 2021 | $3,074 | $247,500 | $0 | $247,500 |
| 2020 | $2,972 | $237,500 | $0 | $237,500 |
| 2019 | $2,886 | $227,500 | $0 | $227,500 |
| 2018 | $2,536 | $197,500 | $0 | $0 |
| 2017 | $2,503 | $191,500 | $0 | $0 |
| 2016 | $2,487 | $191,500 | $0 | $0 |
| 2015 | $2,444 | $184,500 | $0 | $0 |
| 2014 | $2,263 | $169,500 | $0 | $0 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 09/16/2026 09/16/26 | For Sale | $450,000 | +47.5% | $420 / Sq Ft | |
| 10/31/2018 10/31/18 | Sold | $305,000 | 0.0% | $285 / Sq Ft | View Prior Sale |
| 09/09/2018 09/09/18 | Pending | -- | -- | -- | |
| 04/03/2018 04/03/18 | For Sale | $305,000 | -- | $285 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $305,000 | Mcneese Title Llc | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Gift Deed | -- | None Available | |
| Warranty Deed | $210,000 | Touchstone Land Title Inc |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | New Conventional | |
| Closed | $244,000 | New Conventional |
Source: Emerald Coast Association of REALTORS®
MLS Number: 1012106
APN: 00-2S-22-2500-0000-0503
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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