Experience true beachfront living with breathtaking panoramic views of the Gulf of Mexico. Step onto your private balcony and feel completely connected to the sand, surf, and sea breeze. This resort-style community offers unmatched amenities, including three sparkling pools (two heated seasonally), a brand-new 114-ft zero-entry beachfront pool with a 12-seat spa, Tiki Bar, on-site café, tennis court, covered parking, game room, and sauna. Pelican 402 delivers the perfect blend of relaxation and recreation — your ideal Gulf Coast getaway or investment opportunity awaits!
Sold for $500,000
$500,000
1002 Highway 98 Unit 402, Destin, FL 32541
1beds
873sqft
Condominium
Built in 1998
-- sqft lot
$502,500 Zestimate®
$573/sqft
$3,971 Estimated rent
Home value
$502,500
$457,000 - $553,000
$3,971/mo
Zestimate® history
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$14,125/mo
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$14,125/mo
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Zillow last checked:
Listing updated:
Listed by:
Outside Area Selling Agent,
PAR Outside Area Listing Office
Bought with:
Kimberley Gibbons
Emerald Coast Realty Pros
Source: PAR,MLS#: 673664
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 144
- Dimensions: 12 x 12
Kitchen
- Level: First
- Area: 90
- Dimensions: 10 x 9
Living room
- Level: First
- Area: 240
- Dimensions: 15 x 16
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater
Features
- Flooring: Tile, Carpet
- Has basement: No
Interior area
- Total structure area: 873
- Total interior livable area: 873 sqft
Property
Parking
- Parking features: Guest, Parking Lot
Features
- Levels: One
- Stories: 1
- Pool features: None
- Has view: Yes
- View description: Gulf, Water
- Has water view: Yes
- Water view: Gulf, Water
- Waterfront features: Gulf, Waterfront, Beach Access
Lot
- Size: 4 Square Feet
Details
- Parcel number: 002s22203300044020
- Zoning description: Res Multi
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
Materials
- Concrete
- Foundation: Off Grade
- Roof: Built-Up
Condition
- Resale
- New construction: No
- Year built: 1998
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Pelican Beach Resort
HOA
- Has HOA: Yes
- Services included: Association, Cable TV, Maintenance, Pest Control, Recreation Facility, Trash, Water/Sewer
- HOA fee: $10,916 annually
Location
- Region: Destin
Financial & listing details
- Price per square foot: $573/sqft
- Tax assessed value: $470,000
- Annual tax amount: $5,228
- Price range: $500K - $500K
- Date on market: 11/12/2025
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Sold | $500,000-5.6%$573/sqft |
Source:  PAR #673664 Report a problem | ||
| 10/9/2025 | Pending sale | $529,900$607/sqft |
Source:  ECAOR #976167 Report a problem | ||
| 7/11/2025 | Price change | $529,900-3.6%$607/sqft |
Source: ECAOR #976167 Report a problem | ||
| 5/12/2025 | Listed for sale | $549,900$630/sqft |
Source: ECAOR #976167 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,228 +5.7% | $417,450 -8.3% |
| 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 | $3,217 +8.7% | $226,500 +2% |
| 2016 | $2,960 +2.7% | $222,000 +4.2% |
| 2015 | $2,884 +2.2% | $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 -16.7% |
| 2008 | -- | $282,000 -20.1% |
| 2007 | -- | $353,000 -19.8% |
| 2006 | -- | $440,000 +7.3% |
| 2005 | -- | $410,000 +64.3% |
| 2004 | -- | $249,500 +28.7% |
| 2003 | -- | $193,800 +10% |
| 2002 | -- | $176,200 +2% |
| 2001 | -- | $172,700 |
Find assessor info on the county website
Neighborhood: 32541
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Nearby schools
GreatSchools rating
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 1.5 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 3.1 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 10.1 mi
Schools provided by the listing agent
- Elementary: Local School In County
- Middle: LOCAL SCHOOL IN COUNTY
- High: Local School In County
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Okaloosa County
- Destin
- 32541
- 1002 Highway 98 Unit 402
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