NOT LISTED FOR SALE

970 U S 98 Unit 1602 Destin, FL 32541

Estimated Value: $616,000 - $777,000

3 Beds
2 Baths
1,240 Sq Ft
$959/mo HOA Fee

Last Sold July 26, 2023

Last sale price $660,000 $532 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,067/month

98 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 July 2023

Top Floor 3 bedroom suite with Penthouse Views!! Welcome to Terrrace #1602. This unit is like no other 3 bedroom 2 bath unit in the Terrace. A must see!! Featuring 10' ceilings and tasteful decor, relax and make this your second home or investment property! Boasting panoramic views of the gulf and Destin, along with breathtaking sunsets. Owners have used this as their personal property/second home. The covered parking space is located right next to the elevator for maximum convenience. Deeded beach access! 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.

Last Agent to Sell the Property

Brett Pasquariello

Adams Real Estate Inc License #3249689 Listed on: 03/14/2023

Last Buyer's Agent

Test Test

ECN - Unknown Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,519

Year Built

  • Built in 1999

Lot Details

  • 5

HOA Fees

  • $959 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Deeded Parking

Property Views

  • Gulf
  • Harbor

Interior Spaces

  • 1,240 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

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

Schools

  • Destin Elementary And Middle School
  • Destin High School

Additional Features

  • Deeded access to the beach
  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2500-0000-1602

Community Details

Overview

  • Terrace At Pelican Beach Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Sauna
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Fishing

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,519

Year Built

Built in 1999

Lot Details

0

HOA Fees

$959 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TERRACE AT PELICAN BEACH
  • Directions: South side of Hwy 98 E across from Big Kahunas Waterpark.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1999
  • Utilities Electric: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Harbor2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Master Bedroom:First: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Harbor, Gulf
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Covered, Deeded
  • General Property Info:Garage2: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Deeded: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Elevators, Exercise Room, Fishing, Picnic Area, Pool, Sauna/Steam Room, Tennis, Waterfront
  • Association #2 Fee: 959.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2500-0000-1602
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Jul 25, 2023
Sold by
Forthe James E and Forthe Judy B
Bought by
Von Nida Properties Destin Terrace 1602 Llc
Seller's Agent
Brett Pasquariello
Adams Real Estate Inc
Buyer's Agent
Test Test
ECN - Unknown Office
List Price
$749,900
Sold Price
$660,000
Premium/Discount to List
-$89,900
-11.99%
Views
112
Current Estimated Value
$669,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,494
Avg. Annual Appreciation
0.69%
Original Mortgage
$528,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2009
Sold by
First Tennessee Bank National Associatio
Bought by
Forthe James E and For Judy B

Purchase Details

Closed on
May 15, 2008
Sold by
Cooper Stuart D and Cooper Dana
Bought by
First Tennessee Bank Na

Purchase Details

Closed on
Jul 23, 2004
Sold by
Williams Carroll E
Bought by
Cooper Stuart D and Cooper Dana D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Von Nida Properties Destin Terrace 1602 Llc $660,000 South Oak Title
Forthe James E $337,500 None Available
First Tennessee Bank Na -- Attorney
Cooper Stuart D $675,000 Touchstone Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Von Nida Properties Destin Ter $430,000
Closed Von Nida Properties Destin Terrace 1602 Llc $528,000
Previous Owner Cooper Stuart D $540,000
Previous Owner Williams Carroll E $250,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $660,000 -5.7% $532 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $699,900 -6.7% $564 / Sq Ft
03/14/2023 03/14/23 For Sale $749,900 -- $605 / 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 $5,519 $532,500 -- $532,500
2023 $5,519 $532,500 $0 $532,500
2022 $4,473 $377,500 $0 $377,500
2021 $4,129 $332,500 $0 $332,500
2020 $3,964 $322,500 $0 $322,500
2019 $3,836 $322,500 $0 $322,500
2018 $3,306 $257,500 $0 $0
2017 $3,248 $248,500 $0 $0
2016 $3,228 $248,500 $0 $0
2015 $3,186 $240,500 $0 $0
2014 $2,997 $223,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brett Pasquariello

    Adams Real Estate Inc

    (850) 585-1844

    25 in this area

    26 Total Sales

    Brett Pasquariello
    Section Image

  • T

    Buyer's Agent in 2023

    Test Test

    ECN - Unknown Office

    (585) 329-5058

    104 in this area

    3,509 Total Sales

    Test Test
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 918860

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2500-0000-1602

Florida Okaloosa County Destin 32541

970 U S 98 Unit 1602, Destin, FL

This home is located at 970 U S 98 Unit 1602, Destin, FL 32541 since 14 March 2023 and is currently estimated at $669,494, approximately $539 per square foot. This property was built in 1999. 970 U S 98 Unit 1602 is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach High School.

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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