J
Seller's Agent in 2023
John Moran
Keller Williams Realty Destin
(850) 654-3325
118 in this area
544 Total Sales
The Terrace at Pelican Beach 970 Highway 98 E Unit 606 Destin, FL 32541
Estimated Value: $395,000 - $496,000
2
Beds
2
Baths
1,072
Sq Ft
$793/ mo
HOA Fee
Highlights
- Lake Front
- Beach
- In Ground Pool
- Destin Elementary School Rated A-
- Deeded access to the beach
- Fishing
About This Home
As of December 2023The Terrace at Pelican Beach Resort located right in the heart of Destin, across from Destin's most popular waterpark. This unit, perfectly located in building overlooking beautiful views along the Emerald Coast beachside. Spectacular view of Gulf of Mexico, lake and pool. The Terrace has its own pool, hot tub and workout, deeded access to beach, 3 pools on Pelican Resort property, one heated for cool months, Sauna/steam room, bbq grills, fittness rooms, tennis, and community room. Master bedroom overlooks lake and Gulf of Mexico with floor to ceiling windows. Must see unit
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,621
Year Built
- Built in 1999
Lot Details
HOA Fees
- $793 Monthly HOA Fees
Property Views
Interior Spaces
- 1,072 Sq Ft Home
- Partially Furnished
- Ceiling Fan
- Recessed Lighting
- Living Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Dressing Area
- 2 Full Bathrooms
- Hollywood Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Deeded access to the beach
- Balcony
- Built-In Barbecue
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2500-0000-0606
Community Details
Overview
- Association fees include accounting, ground keeping, internet service, licenses/permits, management, master, security, water, cable TV, trash
- 95 Buildings
- 95 Units
- Terrace At Pelican Beach Subdivision
- 15-Story Property
Amenities
- Community Barbecue Grill
- Picnic Area
- Sauna
- Game Room
- Recreation Room
- Laundry Facilities
- Elevator
Recreation
- Beach
- Community Whirlpool Spa
- Fishing
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2023
Closed on
Dec 18, 2023
Sold by
Lee Shao L and Zhao Mei G
Bought by
Tello Oliver A and Parra Pilar L
Seller's Agent
John Moran
Keller Williams Realty Destin
Buyer's Agent
Silvia Madriaga
The Premier Property Group
List Price
$535,000
Sold Price
$500,000
Premium/Discount to List
-$35,000
-6.54%
Views
38
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
-$51,042
Avg. Annual Appreciation
-4.67%
Original Mortgage
$300,000
Outstanding Balance
$294,533
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$154,425
Purchase Details
Listed on
Nov 25, 2013
Closed on
Mar 28, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Lee Shao L and Zhao Mei G
Seller's Agent
Brandon Vinyard
The Agency of Pensacola
Buyer's Agent
Suzanne Clarke
ERA American Real Estate
List Price
$261,800
Sold Price
$200,000
Premium/Discount to List
-$61,800
-23.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$160,000
Interest Rate
4.33%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 18, 2013
Sold by
Yarbrough Tracey L and Yarbrough Kevin E
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Sep 25, 2000
Sold by
The Terrace At Pelican Inc
Bought by
Yarbrough Kevin E and Yarbrough Tracey L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,800
Interest Rate
7.92%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tello Oliver A | $500,000 | Provident Title | |
| Tello Oliver A | $500,000 | Provident Title | |
| Lee Shao L | $200,000 | Attorney | |
| Deutsche Bank National Trust Company | $396,000 | None Available | |
| Yarbrough Kevin E | $233,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tello Oliver A | $300,000 | |
| Closed | Tello Oliver A | $300,000 | |
| Previous Owner | Lee Shao L | $160,000 | |
| Previous Owner | Yarbrough Kevin E | $221,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/18/2023 12/18/23 | Sold | $500,000 | -6.5% | $466 / Sq Ft | |
| 10/19/2023 10/19/23 | Pending | -- | -- | -- | |
| 08/31/2023 08/31/23 | For Sale | $535,000 | +167.5% | $499 / Sq Ft | |
| 04/16/2014 04/16/14 | Sold | $200,000 | -23.6% | $187 / Sq Ft | View Prior Sale |
| 04/01/2014 04/01/14 | Pending | -- | -- | -- | |
| 11/25/2013 11/25/13 | For Sale | $261,800 | -- | $244 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
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 | $5,034 | $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 | $2,307 | $172,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Moran
-
Silvia Madriaga
S
Buyer's Agent in 2023
Silvia Madriaga
The Premier Property Group
(850) 598-0454
7 in this area
35 Total Sales
-
B
Seller's Agent in 2014
Brandon Vinyard
The Agency of Pensacola
-
S
Buyer's Agent in 2014
Suzanne Clarke
ERA American Real Estate
About The Terrace at Pelican Beach
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 931302
APN: 00-2S-22-2500-0000-0606
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