The Terrace at Pelican Beach 970 Highway 98 E Unit 602 Destin, FL 32541
Estimated payment $3,648/month
Highlights
- Main Floor Primary Bedroom
- Living Room
- Central Heating and Cooling System
- Destin Elementary School Rated A-
About This Home
Welcome to Terrace 602, turn key and rental ready. Unit GRI 2024 was $28,263. Seller uses as vacation rental and self manages. Don't miss this opportunity!! Deeded Beach access, there is a boardwalk from the Terrace to the Beach. A free Tram is provided in season although it is only a 3 minute walk to the beach. Amenities include, a cafe, tiki bar, pickleball, game room, sauna, steam room, gym, 3 pools including a 114ft. zero entry pool on the beach. Very few condos in the heart of Destin offer this many amenities in one location.
Property Details
Home Type
- Condominium
Year Built
- Built in 1999
HOA Fees
- $1,053 Monthly HOA Fees
Interior Spaces
- 1,072 Sq Ft Home
- Living Room
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- Central Heating and Cooling System
Community Details
- Terrace At Pelican Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2500-0000-0602
Map
About The Terrace at Pelican Beach
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,652 | $425,000 | -- | $425,000 |
| 2024 | $4,285 | $425,000 | -- | $425,000 |
| 2023 | $4,285 | $425,000 | $0 | $425,000 |
| 2022 | $3,621 | $330,000 | $0 | $330,000 |
| 2021 | $3,105 | $250,000 | $0 | $250,000 |
| 2020 | $3,003 | $240,000 | $0 | $240,000 |
| 2019 | $2,853 | $230,000 | $0 | $230,000 |
| 2018 | $2,568 | $200,000 | $0 | $0 |
| 2017 | $2,535 | $194,000 | $0 | $0 |
| 2016 | $2,520 | $194,000 | $0 | $0 |
| 2015 | $2,477 | $187,000 | $0 | $0 |
| 2014 | $2,298 | $172,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2025 12/08/25 | For Sale | $425,000 | +41.7% | $396 / Sq Ft | |
| 03/04/2019 03/04/19 | Sold | $300,000 | 0.0% | $277 / Sq Ft | View Prior Sale |
| 01/29/2019 01/29/19 | Pending | -- | -- | -- | |
| 11/16/2018 11/16/18 | For Sale | $300,000 | +33.3% | $277 / Sq Ft | |
| 05/26/2017 05/26/17 | Sold | $225,000 | 0.0% | $208 / Sq Ft | View Prior Sale |
| 05/21/2017 05/21/17 | Pending | -- | -- | -- | |
| 03/07/2017 03/07/17 | For Sale | $225,000 | -- | $208 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Attorney | |
| Warranty Deed | $225,000 | Omega Title Llc | |
| Warranty Deed | $395,500 | Touchstone Land Title Inc | |
| Warranty Deed | $239,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $191,600 | No Value Available |
Source: Emerald Coast Association of REALTORS®
MLS Number: 990958
APN: 00-2S-22-2500-0000-0602
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