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Sold for $590,000
  • $590,000

    1002 Highway 98 Unit 1006, Destin, FL 32541

    1beds
    873sqft
    Condominium
    Built in 1998
    -- sqft lot
    $560,100 Zestimate®
    $676/sqft
    $3,971 Estimated rent

    Home value

    $560,100

    $515,000 - $605,000

    $3,971/mo

    Zestimate® history
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    What's special

    Beachfront paradiseWell-equipped fitness centerPrivate balconyTennis courtsEv charging stationsDirect beach accessGenerous closet space
    Welcome to a beachfront paradise on the 10th floor of the Pelican Beach Resort; a true gem that beautifully combines comfort, luxury, and awe-inspiring Gulf views. This exquisite unit is a dream come true for beach enthusiasts and astute investors alike. Offered fully furnished and with a strong rental history, it's primed to deliver immediate investment revenue. Comprising one bedroom, hallway bunks, two full bathrooms, and a sleeper sofa, this condo comfortably accommodates up to six guests. The open living area gracefully extends to a private balcony, offering unobstructed vistas of the pristine white sand beach and the captivating emerald waters of the Gulf. Immerse yourself in the splendor of picture-perfect sunsets, experiencing coastal living at its finest. The interior boasts stainless steel appliances, a no-carpet policy for easy maintenance, generous closet space, and tasteful new coastal décor that exudes a beachy ambiance. Comprehensive cost-to-own and projected cash flow worksheets are readily available for investors who seek a well-informed investment. Pelican Beach Resort has recently completed significant exterior improvements. This gated community offers a multitude of amenities to enhance your vacation experience, including direct beach access, a brand-new 114ft Gulf-front swimming pool with sun loungers and a poolside tiki bar, two additional pools, a 12-seat spa, a well-equipped fitness center, on-site dining, tennis courts, a sauna, arcade, and outdoor grilling areas. Covered parking, EV charging stations, and on-site rental management provide a hassle-free ownership experience. With guests returning year after year, it's a true vacationer hotspot. Nestled in the heart of Destin, you're just moments away from the area's premier attractions, such as Destin Commons, Big Kahuna's Water & Adventure Park, HarborWalk Village, The Track - Destin, and Henderson Beach State Park. Whether you seek a luxurious beach retreat or a shrewd investment, this Pelican Beach Resort condo is the epitome of coastal living. Schedule your showing today, and for out-of-town buyers, a video tour is available to explore this unparalleled opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Courtney Pantalena 850-738-4881,

    Coldwell Banker Realty

    Bought with:

    Non Member Comp Purposes, 000000000

    Non Member Comp Purposes

    Source: ECAOR,MLS#: 936105MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Description: Buyer to verify
    • Level: First
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Kitchen
    • Description: Buyer to verify
    • Level: First
    • Area: 90 Square Feet
    • Dimensions: 10 x 9
    Living room
    • Description: Buyer to verify
    • Level: First
    • Area: 240 Square Feet
    • Dimensions: 16 x 15
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator, Electric Water Heater
    • Laundry: Common Area
    Features
    • Hallway Bunk Beds, Walls Mirrored
    • Furnished: Yes
    Interior area
    • Total structure area: 873
    • Total interior livable area: 873 sqft

    Property

    Features
    • Exterior features: Outdoor Grill, Balcony, Tennis Court(s)
    • Pool features: Heated, In Ground
    • Has spa: Yes
    • Spa features: Heated
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Additional structures: Pavillion/Gazebo
    • Parcel number: 002S22203300101006

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Fitness Center, Game Room, Gated, Picnic Area, Pool, Sauna/Steam Room, TV Cable, Tennis Court(s), Waterfront, Short Term Rental - Allowed
    • Security: Fire Alarm
    • Subdivision: PELICAN BEACH RESORT CONDO
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Insurance, Management, Recreational Faclty, Security, Sewer, Cable TV, Trash, Water, Internet
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $676/sqft
    • Tax assessed value: $470,000
    • Annual tax amount: $5,568
    • Date on market: 11/7/2023

    Price history

    DateEventPrice
    12/11/2023Sold$590,000-1.7%$676/sqft
    Source: ECAOR #936105 Report a problem
    11/13/2023Pending sale$599,900$687/sqft
    Source: ECAOR #936105 Report a problem
    11/7/2023Listed for sale$599,900$687/sqft
    Source: ECAOR #936105 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,568 +12.5%$470,000 +3.3%
    2023$4,947 +19%$455,000 +31.9%
    2022$4,158 +3.6%$345,000 +6.7%
    2021$4,015 +7.5%$323,300 +7.8%
    2020$3,734 +9%$300,000 +11.1%
    2019$3,425 +6.5%$270,000 +7.8%
    2018$3,217 $250,500 +10.6%
    2017-- $226,500 +2%
    2016-- $222,000 +4.2%
    2015-- $213,000 +8.1%
    2014$2,822 $197,000 +3.7%
    2013-- $190,000
    2012-- $190,000 +2.2%
    2011-- $186,000 -4.6%
    2010-- $195,000 -17%
    2009-- $235,000 -18.4%
    2008-- $288,000 -19.8%
    2007-- $359,000 -18.4%
    2006-- $440,000 +7.3%
    2005-- $410,000 +62.4%
    2004-- $252,500 +30.3%
    2003-- $193,800 +10%
    2002-- $176,200 +2%
    2001-- $172,700
    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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    $560,100
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    With Zillow Showcase(estimated)
    $571,302