NOT LISTED FOR SALE

The Terrace at Pelican Beach 970 Highway 98 E Unit 905 Destin, FL 32541

Destin Area

Estimated Value: $411,680 - $497,000

2 Beds
2 Baths
1,072 Sq Ft
5 Acre Lot

Sale Details

Date Sold: February 14, 2017

Last sale price $275,000 $257 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,919 / mo

Highlights

  • Beach
  • Fitness Center
  • Fishing
  • Destin Elementary School Rated A-
  • Heated In Ground Pool
  • Primary Bedroom Suite

About This Home

As of October 2019

Lovely furnished updated 2/2 on 9th floor at the Terrace. Enjoy all of the amenities that Pelican Beach Resort has to offer when you rent this unit. Spa, sauna, steam room, gym, tennis courts, cafe, tiki bar, beach, 3 pools. Pool is heated in winter months at Terrace, and Pelican. Goregeous sunsets from this balcony and the view is one of the best in Destin! The beach and city lights!

Last Agent to Rent the Property

Cat Stevens

C&R Sun Properties LLC License #3265002 Listed on: 10/02/2019

Last Renter's Agent

Cat Stevens

Scenic Sotheby's Intl Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

  • 5

Home Design

  • Contemporary Architecture
  • Concrete Siding

Interior Spaces

  • 1,072 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Built-In Barbecue

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2500-0000-0905

Community Details

Overview

  • Terrace At Pelican Beach Subdivision

Amenities

  • Community Barbecue Grill
  • Game Room
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Exercise Course
  • Fishing

Security

  • Gated Community
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

5 Acres

Rental Info

  • Rental Info Lease Start Date: 2019-11-01

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Subdivision Name: TERRACE AT PELICAN BEACH
  • Directions: Across from Big Kahuna inside Pelican Beach Resort
  • Architectural Style: Contemporary
  • Building Stories: 1
  • Year Built: 1999
  • Remarks Misc:Remarks: Lovely furnished updated 2/2 on 9th floor at the Terrace. Enjoy all of the amenities that Pelican Beach Resort has to offer when you rent this unit. Spa, sauna, steam room, gym, tennis courts, cafe, tiki bar, beach, 3 pools. Pool is heated in winter months at Terrace, and Pelican. Goregeous sunsets from this balcony and the view is one of the best in Destin! The beach and city lights!
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterview:Lake2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Furnished - All
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake
  • Construction Type: Concrete
  • Exterior Features: BBQ Pit/Grill, Pool - Heated, Pool - In-Ground
  • ConstructionSiding:Concrete: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Parking Features: Other
  • Parking Features:Other3: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Elevators, Exercise Room, Fishing, Game Room, Gated Community, Tennis, TV Cable

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-2500-0000-0905
  • ResoLotSizeUnits: Acres

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2016
Closed on
Feb 14, 2017
Sold by
Williams Peter A and Williams Anne E
Bought by
Seller's Agent
Cat Stevens
C&R Sun Properties LLC
Buyer's Agent
Cat Stevens
C&R Sun Properties LLC
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$457,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,170
Avg. Annual Appreciation
5.46%
Original Mortgage
$278,000
Outstanding Balance
$225,117
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$232,053

Purchase Details

Closed on
Aug 23, 2011
Sold by
Roberts Barbara G and Mcgill Sherry
Bought by
Williams Peter A and Hansford Anne E

Purchase Details

Closed on
Aug 13, 2004
Sold by
Gilchrist Daniel W
Bought by
Roberts Barbara G and Mcgill Sherry

Purchase Details

Closed on
Jun 21, 2002
Sold by
Wilder Harold D and Wilder Joann
Bought by
Gilchrist Daniel W
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Destin, FL

  • Tammy Summers Real Estate Agent - Berkshire Hathaway HomeServices PenFed Realty

    Tammy Summers

    Berkshire Hathaway HomeServices PenFed Realty

    (601) 210-4840

    50 Total Sales

    2 in Destin

    $495K - $659K Price Range

    Tammy Summers
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  • Deborah Morton Real Estate Agent - Bay Living, Inc.

    Deborah Morton

    Responds Quickly

    Bay Living, Inc.

    (786) 901-7183

    315 Total Sales

    15 in Destin

    $274K - $1.3M Price Range

    Deborah Morton
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  • Jeremy Fretwell Real Estate Agent - Keller Williams Realty FWB

    Jeremy Fretwell

    Keller Williams Realty FWB

    (850) 904-4798

    67 Total Sales

    2 in Destin

    $210K - $1.3M Price Range

    Jeremy Fretwell
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  • Christopher Schultz Real Estate Agent - Keller Williams Realty Cview

    Christopher Schultz

    Keller Williams Realty Cview

    (850) 613-0385

    56 Total Sales

    1 in Destin

    $585,000 Price

    Christopher Schultz
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  • Hillary Driscoll Olds Real Estate Agent - Lokation

    Hillary Driscoll Olds

    Lokation

    (850) 374-6717

    57 Total Sales

    5 in Destin

    $250K - $1.4M Price Range

    Hillary Driscoll Olds
     Section Image
  • Brad Hilderbrand Real Estate Agent - Coastal Abode

    Brad Hilderbrand

    Coastal Abode

    (850) 904-4363

    41 Total Sales

    1 in Destin

    $608,000 Price

    Brad Hilderbrand
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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 Buyer Sale Price Title Company
$275,000 Mcgill Escrow & Title
Williams Peter A $175,000 H & S Title & Escrow Inc
Roberts Barbara G $495,000 American Land Title Inc
Gilchrist Daniel W $220,000 --
Source: Public Records

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 Borrower Loan Amount
Open $278,000
Previous Owner Roberts Barbara G $386,400
Previous Owner Gilchrist Daniel W $176,000
Previous Owner Gilchrist Daniel W $176,000
Source: Public Records

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
10/07/2019 10/07/19 Rented $2,000 0.0% --
10/07/2019 10/07/19 Under Contract -- -- --
10/02/2019 10/02/19 For Rent $2,000 0.0% --
02/14/2017 02/14/17 Sold $275,000 0.0% $257 / Sq Ft View Prior Sale
01/23/2017 01/23/17 Pending -- -- --
12/12/2016 12/12/16 For Sale $275,000 -- $257 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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 $4,763 $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

  • Cat Stevens Real Estate Agent - C&R Sun Properties LLC

    Landlord's Agent in 2019

    Cat Stevens

    C&R Sun Properties LLC

    (850) 428-4707

    55 Total Sales

    Cat Stevens
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About The Terrace at Pelican Beach

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 832542

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2500-0000-0905

Florida Okaloosa County Destin 32541

970 Highway 98 E Unit 905, Destin, FL

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.

Emerald Coast Association of REALTORS® 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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