$372,500
SOLD SEP 18, 2025
2 Beds
2 Baths
1,072 Sq Ft
$1,053/ mo HOA Fee

Recently Sold

$347 Per Sq Ft

25% Below List Price

220 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System
  • Destin Elementary School Rated A-
  • Living Room

About This Home

As of September 2025

Welcome to Terrace 903. featuring sweeping views of Destin! Unit 903 is turn key and rental ready. Currently on Pelican Beach rental program, owner uses frequently. As of October 1 2024, YTD GRI is $26,090. **Owners closet items along with a embroidered picture in the master bedroom do not convey** 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.

Last Agent to Sell the Property

Brett Pasquariello

Adams Real Estate Inc License #3249689 Listed on: 01/08/2025

Last Buyer's Agent

Glenda Janczewski

Sallie Hardy Broker Inc

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
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include ground keeping, internet service, management, master, recreational faclty, security, sewer, telephone, water, cable TV, trash
  • Terrace At Pelican Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2500-0000-0903

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

0 Sq Ft Lot

HOA Fees

$1,053 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TERRACE AT PELICAN BEACH
  • Directions: Across from Big Kahunas, South side 98.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1999
  • Remarks Misc:Remarks: Welcome to Terrace 903. featuring sweeping views of Destin! Unit 903 is turn key and rental ready. Currently on Pelican Beach rental program, owner uses frequently. As of October 1 2024, YTD GRI is $26,090. **Owners closet items along with a embroidered picture in the master bedroom do not convey** 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.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Master Bedroom:First: Yes

Exterior Features

  • Pool Features: Pool Type
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Association #2 Fee: 1052.96
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Internet Service, Management, Master Association, Recreational Faclty, Security, Sewer, Telephone, Water, Cable TV, Trash

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-2500-0000-0903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
Sep 18, 2025
Sold by
Blackwell Family Trust and Blackwell Beverly
Bought by
Davis James and Davis Evelyn
Seller's Agent
Brett Pasquariello
Adams Real Estate Inc
Buyer's Agent
Glenda Janczewski
Sallie Hardy Broker Inc
List Price
$499,000
Sold Price
$372,500
Premium/Discount to List
-$126,500
-25.35%
Views
24
Current Estimated Value
$383,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,506
Avg. Annual Appreciation
5.49%
Original Mortgage
$200,000
Outstanding Balance
$200,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$183,006

Purchase Details

Closed on
May 3, 2005
Sold by
Blackwell Terry R and Blackwell Beverly D
Bought by
The Blackwell Family Trust
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $372,500 Mcgill Escrow & Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2025 09/18/25 Sold $372,500 -3.2% $347 / Sq Ft
08/16/2025 08/16/25 Pending -- -- --
07/31/2025 07/31/25 Price Changed $385,000 -14.3% $359 / Sq Ft
01/08/2025 01/08/25 Price Changed $449,000 -10.0% $419 / Sq Ft
01/08/2025 01/08/25 For Sale $499,000 -- $465 / 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 $4,763 $432,500 -- $432,500
2024 $4,384 $432,500 -- $432,500
2023 $4,384 $432,500 $0 $432,500
2022 $3,716 $337,500 $0 $337,500
2021 $3,198 $257,500 $0 $257,500
2020 $3,097 $247,500 $0 $247,500
2019 $2,953 $237,500 $0 $237,500
2018 $2,664 $207,500 $0 $0
2017 $2,633 $201,500 $0 $0
2016 $2,617 $201,500 $0 $0
2015 $2,577 $194,500 $0 $0
2014 $2,403 $179,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 965886

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2500-0000-0903

Your Personal Tour Guide

Ask me questions while you tour the home.