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Sold for $710,000
  • $710,000

    1002 Highway 98 #1114, Destin, FL 32541

    2beds
    955sqft
    Condominium
    Built in 1997
    -- sqft lot
    $681,300 Zestimate®
    $743/sqft
    $4,376 Estimated rent

    Home value

    $681,300

    $634,000 - $736,000

    $4,376/mo

    Zestimate® history
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    What's special

    Kiddie poolVast balconyExpansive swimming poolImpeccably furnishedSundry shopFitness centerSeasonal tiki hut
    Pelican Beach Resort Condo #1114 stands apart from the pack, achieving an impressive base rental income exceeding $80,000 in 2022. This coastal-inspired retreat features 2 bedrooms and 2 baths, comfortably accommodating up to six guests. Imagine starting your day on the vast balcony, savoring meals and coffee while soaking in the gentle Gulf breeze and captivating coastal views. Inside, you'll find an array of upgrades, including ceramic tile floors, freshly painted interiors, wainscoting, updated cabinets, granite countertops, and stainless-steel appliances, including a new dishwasher, refrigerator, and range. The condo is impeccably furnished with a new kitchen table, living room furniture, and three brand-new televisions. Additionally, the guest bedroom... closet has been thoughtfully renovated to enhance the guest experience. Beyond the condo, Pelican Beach Resort offers a wealth of amenities, tailored to ensure a successful rental experience: " An expansive swimming pool and sun deck, complemented by an indoor/outdoor swim-through pool, a kiddie pool, and a spa. " A brand-new zero-entry beachfront pool, complete with a 14-person spa. " The seasonal Tiki Hut, where you can enjoy tropical beverages and frozen drinks delivered right to your beach chair. " Convenience awaits at the Market Café/Deli and sundry shop, while outdoor grilling areas provide a delightful option for cookouts. " The resort's conference/event center is perfect for hosting weddings and meetings. " Keep active with two tennis courts, a fitness center that includes a steam room and sauna, and on-site entertainment options like an arcade and shuffleboard. Pelican Beach Resort Condo #1114 offers the ideal opportunity for a vacation rental investment, strategically situated in Destin's prime location, providing easy access to everything this vibrant coastal destination has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Caleb Midgett caleb@scenicsir.com,

    Scenic Sotheby's International Realty

    Bought with:

    Angela M Lemke

    EXP Realty LLC

    Source: ECAOR,MLS#: 932616MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Bedroom
    • Level: First
    • Area: 90 Square Feet
    • Dimensions: 10 x 9
    Dining area
    • Level: First
    • Area: 130 Square Feet
    • Dimensions: 13 x 10
    Kitchen
    • Level: First
    • Area: 90 Square Feet
    • Dimensions: 10 x 9
    Living room
    • Level: First
    • Area: 208 Square Feet
    • Dimensions: 16 x 13
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
    Features
    • Breakfast Bar
    • Flooring: Tile, Carpet
    • Windows: Double Pane Windows
    • Furnished: Yes
    Interior area
    • Total structure area: 955
    • Total interior livable area: 955 sqft

    Property

    Parking
    • Parking features: Covered
    • Has garage: Yes
    Features
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 002S22203300111114

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete, Stucco, Steel Frame
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Water: Public
    Green energy
    • Energy efficient items: Doors

    Community & neighborhood

    Community
    • Community features: BBQ Pit/Grill, Beach, Community Room, Elevators, Fitness Center, Fishing, Pool, Sauna/Steam Room, TV Cable, Tennis Court(s), Waterfront, Whirlpool
    Location
    • Region: Destin
    • Subdivision: PELICAN BEACH RESORT CONDO

    Price history

    DateEventPrice
    1/19/2024Sold$710,000-2.1%$743/sqft
    Source: ECAOR #932616 Report a problem
    10/17/2023Pending sale$725,000$759/sqft
    Source: ECAOR #932616 Report a problem
    9/19/2023Listed for sale$725,000+71.6%$759/sqft
    Source: ECAOR #932616 Report a problem
    12/4/2019Sold$422,500-6.1%$442/sqft
    Source: Public Record Report a problem
    9/23/2019Price change$449,900-2.2%$471/sqft
    Source: EXP Realty LLC #830711 Report a problem
    9/4/2019Listed for sale$459,900+76.9%$482/sqft
    Source: EXP Realty LLC #830711 Report a problem
    3/20/2012Sold$260,000-5.5%$272/sqft
    Source: Public Record Report a problem
    1/10/2012Price change$275,000-1.4%$288/sqft
    Source: RE/MAX SOUTHERN REALTY #565467 Report a problem
    10/6/2011Listed for sale$278,900+10.7%$292/sqft
    Source: RE/MAX Southern Realty #565467 Report a problem
    3/15/2001Sold$252,000$264/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,143 +7.9%$484,000 -6.9%
    2023$5,694 +18.1%$520,000 +30%
    2022$4,820 +5.4%$400,000 +8.6%
    2021$4,575 +7.5%$368,400 +8.4%
    2020$4,254 +13.7%$340,000 +15.3%
    2019$3,742 +2.9%$295,000 +3.5%
    2018$3,638 $285,000 +11.3%
    2017$3,638 +8.7%$256,000 +2%
    2016$3,346 +2.6%$251,000 +4.1%
    2015$3,260 +2.1%$241,000 +7.6%
    2014$3,193 $224,000 +4.7%
    2013-- $214,000
    2012-- $214,000 -0.5%
    2011-- $215,000 -4.9%
    2010-- $226,000 -15%
    2009-- $266,000 -19.4%
    2008-- $330,000 -19.5%
    2007-- $410,000 -20.5%
    2006-- $516,000 +9.8%
    2005-- $470,000 +56.7%
    2004-- $300,000 +27.9%
    2003-- $234,500 +10%
    2002-- $213,200 +2%
    2001-- $209,000

    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Destin
    • Middle: Destin
    • High: Fort Walton Beach

    Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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