NOT LISTED FOR SALE

970 U S 98 Unit 1005 Destin, FL 32541

Estimated Value: $478,000 - $635,000

2 Beds
2 Baths
1,072 Sq Ft
$827/mo HOA Fee

Last Sold February 02, 2024

Last sale price $560,000 $522 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,070/month

22 Days on Market

Highlights

  • Lake Front
  • Beach
  • Heated In Ground Pool
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Fishing

About This Home

As of February 2024

What a view from this lovely updated 10th floor unit that comes with a garage. Space #23. These are rare in the Terrace. Parking spaces are deeded with unit and there are only a few that exist. This is a gorgeous beachy unit with lots of updates. It has all new appliances, new granite, new paint, new lighting, new fans, new dining table, new patio furniture, updated bathrooms, and so much more. Water heater replaced. It is turnkey ready to rent. The sunsets here and the wide view of the gulf and city are phenomenal. Terrace has a cross easement with Pelican Beach resort and owners can use 114 ft. zero entry pool and they will have their own code for the gate. We have pickleball, tiki bar, cafe, game room, spa, saunas and deeded beach access. Call to show. Snowbird coming in soon

Last Agent to Sell the Property

Cat Stevens

C&R Sun Properties LLC License #3265002 Listed on: 12/29/2023

Last Buyer's Agent

James Byrd

EXP Realty LLC License #3483425

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,748

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • Lake Front

HOA Fees

  • $827 Monthly HOA Fees

Property Views

  • Gulf
  • Lake

Home Design

  • Flat Roof Shape
  • Flat Roof with Façade front
  • Concrete Siding

Interior Spaces

  • 1,072 Sq Ft Home
  • Furnished
  • Living Room

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Deeded Parking

Outdoor Features

  • Heated In Ground Pool
  • Deeded access to the beach
  • Deck
  • 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-22-2500-0000-1005

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, land recreation, licenses/permits, recreational faclty, security, sewer, water, cable TV, trash
  • Terrace At Pelican Beach Subdivision
  • 16-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,748

Year Built

Built in 1999 | Remodeled

Lot Details

0

HOA Fees

$827 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TERRACE AT PELICAN BEACH
  • Directions: West of Big Kahuna Water Park
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1999
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Tile, Floor WW Carpet, Furnished - All, Renovated
  • Stories: 16
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Gulf
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Flat
  • Exterior Features: BBQ Pit/Grill, Deck Open, Pool - Heated, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Covered, Deeded
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Deeded: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Gated Community, Pool, Sauna/Steam Room, Tennis, TV Cable, Whirlpool
  • Association #2 Fee: 827.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Land Recreation, Licenses/Permits, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2500-0000-1005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3747.82
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
Feb 2, 2024
Sold by
2024 Us Five Llc
Bought by
Rioux Mark Brian
Seller's Agent
Cat Stevens
C&R Sun Properties LLC
Buyer's Agent
James Byrd
EXP Realty LLC
List Price
$585,000
Sold Price
$560,000
Premium/Discount to List
-$25,000
-4.27%
Views
94
Current Estimated Value
$527,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,489
Avg. Annual Appreciation
-3.76%
Original Mortgage
$578,480
Outstanding Balance
$569,384
Interest Rate
6.61%
Mortgage Type
VA
Estimated Equity
-$41,873

Purchase Details

Closed on
Dec 11, 2019
Sold by
Rossbach Woodrow W and Rossbach Carol Seu
Bought by
Us Five Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Rioux Mark Brian $560,000 Bright Light Land Title
Rioux Mark Brian $560,000 Bright Light Land Title
Us Five Llc $320,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rioux Mark Brian $578,480
Closed Rioux Mark Brian $578,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $560,000 -4.3% $522 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $585,000 0.0% $546 / Sq Ft
12/23/2023 12/23/23 For Sale $585,000 -- $546 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $4,418 $435,000 -- $435,000
2023 $4,418 $435,000 $0 $435,000
2022 $3,748 $340,000 $0 $340,000
2021 $3,229 $260,000 $0 $260,000
2020 $3,128 $250,000 $0 $250,000
2019 $2,986 $240,000 $0 $240,000
2018 $2,697 $210,000 $0 $0
2017 $2,666 $204,000 $0 $0
2016 $2,650 $204,000 $0 $0
2015 $2,610 $197,000 $0 $0
2014 $2,438 $182,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 938814

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2500-0000-1005