NOT LISTED FOR SALE

970 U S 98 Unit 1404 Destin, FL 32541

Estimated Value: $622,000 - $676,000

3 Beds
2 Baths
1,240 Sq Ft
$728/mo HOA Fee

Last Sold December 07, 2022

Last sale price $630,000 $508 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,770/month

11 Days on Market

Highlights

  • Lake Front
  • Beach
  • Fishing
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Gulf View

About This Home

As of December 2022

Gorgeous remodeled 3/2 1240 sq. ft. unit on 14th floor that has spectacular views of the gulf and city. If you are a sunset lover you won't want to leave this large 25 ft. private balcony where sunsets can amplify some pretty magical moments. Mother nature puts on a show at the Terrace with skybursts of color that are unforgettable.
This condo comes completely furnished. Kitchen has cut down breakfast bar and stainless steel appliances. Tiled Showers in both baths are just stunning. Updated vanities with granite and new lighting in both baths. Check out the sparkling new lighting in the dining room and kitchen. New drapes, mirrors, large TV's and accessories top off this turn key ready unit. Cross easement with the Pelcian allows all use of their amenities. Amenities include, tennis courts, gym, tiki bar, cafe, spa, sauna, several pools, Terrace pool is heated, community room, game room, security. Cross easement with Pelican allows all Terrace owners to use everything at the Pelican. Deeded beach access.

Last Agent to Sell the Property

Cat Stevens

C&R Sun Properties LLC License #3265002 Listed on: 10/26/2022

Last Buyer's Agent

Mindy Wright

Epique Realty Inc License #3345605

Epique Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,067

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • Lake Front
  • Sprinkler System

HOA Fees

  • $728 Monthly HOA Fees

Property Views

  • Gulf
  • Lake

Home Design

  • Concrete Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • Furnished
  • Living Room
  • Tile Flooring

Kitchen

  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Balcony

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-22-2500-0000-1404

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, land recreation, recreational faclty, security, sewer, water, cable TV, trash
  • Terrace At Pelican Beach Resort Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Game Room
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,067

Year Built

Built in 1999 | Remodeled

Lot Details

0

HOA Fees

$728 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TERRACE AT PELICAN BEACH Resort
  • Directions: Inside Pelican Beach Resort by just West of Big Kahuna Water Park
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1999
  • Utilities Electric: Yes
  • 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, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Floor Tile, Furnished - All, Owner's Closet
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Gulf
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony, Renovated, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Sprinkler System: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Game Room, Gated Community, Pool, Sauna/Steam Room, Tennis, TV Cable
  • Association #2 Fee: 728.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Land Recreation, 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-22-2500-0000-1404
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4066.96
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 7, 2022
Sold by
Neufeld David
Bought by
Maram Indu and Uppuluri Pavan
Seller's Agent
Cat Stevens
C&R Sun Properties LLC
Buyer's Agent
Mindy Wright
Epique Realty Inc
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%
Current Estimated Value
$645,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,511
Avg. Annual Appreciation
0.90%
Original Mortgage
$504,000
Outstanding Balance
$487,221
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$158,290

Purchase Details

Closed on
Jan 3, 2019
Sold by
Collier Larry and Collier Annetta
Bought by
Neufeld David and Neufeld Judy

Purchase Details

Closed on
Oct 23, 2015
Sold by
Ddi Llc
Bought by
Collier Larry and Collier Annetta

Purchase Details

Closed on
Apr 18, 2005
Sold by
Padgett Anthony W and Padgett Karen S
Bought by
Dorvin Developments Inc

Purchase Details

Closed on
Apr 14, 2000
Sold by
The Terrace At Pelican Inc
Bought by
Padgett Anthony W and Padgett Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,750
Interest Rate
8.29%
Source: Public Records

Range of Values:

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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
Maram Indu $630,000 --
Neufeld David $387,500 Mcgill Escrow & Title
Collier Larry $280,000 Mcgill Escrow & Title Llc
Dorvin Developments Inc $630,000 Mcneese Title Llc
Padgett Anthony W $277,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maram Indu $504,000
Previous Owner Padgett Anthony W $246,000
Previous Owner Padgett Anthony W $249,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $630,000 -3.1% $508 / Sq Ft
11/06/2022 11/06/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $650,000 -- $524 / Sq Ft
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 $6,302 $527,500 -- $527,500
2023 $6,302 $527,500 $0 $527,500
2022 $4,410 $372,500 $0 $372,500
2021 $4,067 $327,500 $0 $327,500
2020 $3,973 $317,500 $0 $317,500
2019 $3,770 $317,500 $0 $317,500
2018 $3,242 $252,500 $0 $0
2017 $3,182 $243,500 $0 $0
2016 $3,163 $243,500 $0 $0
2015 $3,120 $235,500 $0 $0
2014 $2,929 $218,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 910778

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2500-0000-1404