NOT LISTED FOR SALE

Estimated Value: $424,000 - $515,000

2 Beds
2 Baths
1,072 Sq Ft
$797/ mo HOA Fee

Last Sold April 14, 2023

Last sale price $535,000 $499 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,693/month

147 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Steam Room
  • In Ground Pool
  • Destin Elementary School Rated A-
  • Fitness Center
  • Sauna

About This Home

As of April 2023

Prime location in the heart of Destin. Located on the 8th floor! Amazing sunset views! Turn key opportunity in Destin. Fully furnished condo. Sleeps 6. Oversized balcony overlooks the pool, pond and fountain. Gulf Views. The master bedroom has access out to the balcony. Freshly painted throughout. Kitchen updated with quartz counter tops, glass tile back splash, newer appliances and cabinet refacing. AC and water heater replaced 2022. Tile (wood look) flooring throughout. Custom blackout drapes from floor to ceiling installed recently. Stackable washer and dryer included in the unit. This condo could be your place to call home or a vacation rental that produces extra income. This one is located right across the street from Big Kahuna water park. Deeded beach access. Three pools. Tennis, bbq grills, sauna, steam room and fitness room. One parking space included. Guests parking available. There is a storage closest in the condo. Step in and you will not want to leave! Paradise Living Everyday!

Last Agent to Sell the Property

Michelle Carlson

Berkshire Hathaway Home Services PenFed Realty Listed on: 10/07/2022

Berkshire Hathaway Home Services PenFed Realty

Last Buyer's Agent

Jon Worley

Levin Rinke Realty

Levin Rinke Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

  • 436

HOA Fees

  • $797 Monthly HOA Fees

Property Views

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 1,072 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Sauna
  • Updated Kitchen
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights

Schools

  • Local School In County Elementary And Middle School
  • Local School In County High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 002S22250000000803

Community Details

Overview

  • Association fees include cable TV, ground maintenance, insurance, maintenance, recreation facility, water/sewer

Amenities

  • Steam Room

Recreation

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

436 Sq Ft Lot

HOA Fees

$797 per month

Listing Details

  • Parcel Number: 002S22250000000803
  • Property Type: Residential
  • Year Built: 1999
  • Electric: Circuit Breakers
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: None
  • Directions: Take hwy 98 turn into Pelican Beach Resort through gate. Take right into first parking lot. White building.
  • Architectural Style: Traditional
  • Building Name: Terrace At Pelican Beach
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 8 or More Story
  • New Construction: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1072
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Kitchen/Dining Combo
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 11.11
  • Room Kitchen Features: Updated
  • Room Master Bedroom Area: 135.541999
  • Master Bathroom Features: Sauna

Exterior Features

  • Roof: Shingle
  • Pool Features: In Ground
  • View: Gulf, Pond, Water
  • View: Yes
  • Waterfront Features: Deed Access
  • Construction Type: Concrete
  • Exterior Features: Tennis Court(s)
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Resale

Garage/Parking

  • Parking Features: 1 Space/Unit

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Community Room, Fitness Center, Gated, Steam Room, Tennis Court(s), Waterfront Deed Access
  • Association Fee: 9564
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Insurance, Maintenance, Recreation Facility, Water/Sewer

Schools

  • Elementary School: Local School In County
  • High School: Local School In County
  • Middle Or Junior School: Local School In County

Lot Info

  • Lot Size Sq Ft: 435.6
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Apr 14, 2023
Sold by
Sears Terri L
Bought by
Davidson Living Trust
Seller's Agent
Michelle Carlson
Berkshire Hathaway Home Services PenFed Realty
Buyer's Agent
Jon Worley
Levin Rinke Realty
List Price
$560,000
Sold Price
$535,000
Premium/Discount to List
-$25,000
-4.46%
Views
73
Current Estimated Value
$475,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,922
Avg. Annual Appreciation
-3.97%
Original Mortgage
$374,500
Outstanding Balance
$363,022
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Estimated Equity
$112,056

Purchase Details

Listed on
Apr 29, 2012
Closed on
Dec 7, 2012
Sold by
Habegger Merlin W and Habegger Nellie J
Bought by
Sears Terri L
Seller's Agent
Sandra Sharpe
Coldwell Banker Realty
Buyer's Agent
Laurie Brady
RE/MAX Agency One
List Price
$213,500
Sold Price
$213,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$160,125
Interest Rate
3.44%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davidson Living Trust $535,000 Mcneese Title
Sears Terri L $213,500 The Main Street Land Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Living Trust $374,500
Previous Owner Sears Terri L $160,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2023 04/14/23 Sold $535,000 -4.5% $499 / Sq Ft
10/07/2022 10/07/22 For Sale $560,000 +162.3% $522 / Sq Ft
12/07/2012 12/07/12 Sold $213,500 0.0% $199 / Sq Ft View Prior Sale
10/31/2012 10/31/12 Pending -- -- --
04/29/2012 04/29/12 For Sale $213,500 -- $199 / Sq Ft
Source: Pensacola 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 $5,093 $430,000 -- $430,000
2024 $4,351 $430,000 -- $430,000
2023 $4,351 $430,000 $0 $430,000
2022 $3,684 $335,000 $0 $335,000
2021 $3,167 $255,000 $0 $255,000
2020 $3,065 $245,000 $0 $245,000
2019 $2,919 $235,000 $0 $235,000
2018 $2,632 $205,000 $0 $0
2017 $2,601 $199,000 $0 $0
2016 $2,585 $199,000 $0 $0
2015 $2,544 $192,000 $0 $0
2014 $2,368 $177,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 617194

Pensacola Association of REALTORS®

APN: 00-2S-22-2500-0000-0803

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