$485,000
SOLD JUL 8, 2026
2 Beds
2 Baths
1,072 Sq Ft
1999 Built

Sale Details

Date Sold: July 8, 2026

$452 Per Sq Ft

3% Below List Price

64 Days on Market

Highlights

  • Deeded access to the beach
  • Fitness Center
  • Primary Bedroom Suite
  • Destin Elementary School Rated A-
  • Bay View
  • Newly Painted Property

About This Home

As of July 2026

Exceptional income-producing opportunity with $68,000 in year-to-date rental revenue and projected earnings nearing $80,000 this year! Enjoy sweeping Gulf and lake views from this beautifully updated 2-bedroom, 2-bath condo at The Terrace at Pelican Beach. Thoughtfully renovated, the unit offers a bright, coastal interior with updated LVP flooring, fresh paint, updated cabinetry, and a remodeled kitchen featuring a new refrigerator. Floor-to-ceiling windows in the living area and primary bedroom bring in natural light and frame the water views, while the spacious balcony provides the perfect spot to relax and take in the scenery. The primary suite offers balcony access, Gulf views, and a beautifully redesigned bath with a frameless sliding shower door, designer tile, and waterfall showerhead. The guest bath has also been fully updated with designer finishes. An office area adds flexible space for remote work or everyday convenience. Located within the resort, owners and guests enjoy access to an impressive amenity package including three heated pools, a hot tub, fitness center, tennis courts, private beach access, game room, outdoor grills, and seasonal on-site dining. Whether you are searching for a primary residence, second home, or investment property, this condo delivers both lifestyle and income potential in the heart of Destin.

Last Agent to Sell the Property

Kendall Hood

Compass License #3291130 Listed on: 04/03/2026

Compass

Co-Listed By

Cassandra DeJulio

Compass License #3516137

Last Buyer's Agent

Melissa Haworth

EXP Realty LLC License #3481018

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,537

Year Built

  • Built in 1999

Property Views

Home Design

  • Newly Painted Property
  • Concrete Siding
  • Piling Construction

Interior Spaces

  • 1,072 Sq Ft Home
  • Furnished
  • Living Room
  • Vinyl Flooring
  • Exterior Washer Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

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

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 00-2S-22-2500-0000-0806

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include accounting, advertising, ground keeping, insurance, management, master, recreational faclty, security, sewer, telephone, water, cable TV, trash
  • Terrace At Pelican Beach Subdivision
  • 16-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Exercise Course
  • Community Whirlpool Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,537

Year Built

Built in 1999

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: ECF1
  • Co List Office Phone: 850-296-9769
  • Subdivision Name: TERRACE AT PELICAN BEACH
  • Directions: From the Destin Bridge, head east on US-98 / Harbor Boulevard and continue straight as the road carries you through downtown Destin and then past the harbor area. Stay on Highway 98 for a few miles, and once you get past the main harbor stretch, keep going toward the beachside condo and resort area. It be on the south side of Highway 98, across from Big Kahuna's, in Terrace at Pelican Beach.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1999
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Bay2: Yes
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Disposal, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Floor Vinyl
  • Interior Amenities: Kitchen Island, Newly Painted, Washer/Dryer Hookup
  • Stories: 16
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Furnished - All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf, Bay
  • Construction Type: Concrete
  • Exterior Features: Balcony
  • Foundation Details: Foundation On Piling
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Foundation On Piling: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Short Term Rental - Allowed, BBQ Pit/Grill, Deed Access, Dumpster, Elevators, Exercise Room, Pool, TV Cable, Whirlpool
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Ground Keeping, Insurance, 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-22-2500-0000-0806

Tax Info

  • Tax Annual Amount: 4537.3
  • Tax Year: 2025

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Floorplan

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

Closed on
Nov 13, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Outstanding Balance
$235,194
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$254,850
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
07/08/2026 07/08/26 Sold $485,000 -1.8% $452 / Sq Ft
06/06/2026 06/06/26 Pending -- -- --
06/03/2026 06/03/26 Price Changed $494,000 -1.0% $461 / Sq Ft
04/03/2026 04/03/26 For Sale $499,000 -- $465 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 999758

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2500-0000-0806

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