Updated 1BR with hall bunks and unobstructed Gulf views! These condos can gross $80K+/yr thanks to the bunk layout—rents like a 2BR without the higher price or HOA fees. ✅ SIRS complete ✅ No Milestone Issues ✅ Strong HOA = confidence for investors. Pelican Beach Resort features: 3 pools (new infinity, swim-through, kiddie), tennis, sauna, onsite gym, tiki bar, café, and private beach access. Remodeled, rental-ready, and packed with amenities—this one checks all the boxes. This is the one.
A beautifully updated 1-bedroom condo at Pelican Beach Resort, complete with hall bunks and unobstructed views of the Gulf of Mexico. These are the features serious investors and savvy second-home buyers are looking forand this condo delivers.
Why this condo stands out:
Proven rental potential - Units like this can gross $80,000+ annually thanks to the hall bunks. It sleeps like a 2-bedroom, without the added price tag or higher HOA fees.
Low structural risk - The Structural Integrity Reserve Study (SIRS) is complete, there are no Milestone Inspection issues, and the building is financially strong and well-maintained.
Remodeled and rental-ready - Stylish interior updates make this turn-key ready for personal use or immediate vacation rental income.
Resort-style living and amenities:
Pelican Beach Resort is one of Destin's most popular Gulf-front destinations, with amenities that keep guests coming back year after year:
- Three swimming pools, including a brand-new Gulf-front infinity pool, an indoor/outdoor swim-through pool, and a kiddie pool
- Tennis court for active fun
- Fitness center with hot and dry sauna
- Tiki Bar with food and drink service right on the sand
- Onsite café
- Private beach access to sugar-white sand and emerald waters
Investor bonus: Onsite rental management makes ownership easy, or bring your own manageror even self-manage. The layout, location, and amenities drive strong rental demand.
Whether you're looking for a second home, a short-term rental investment, or a little of both, this condo checks every box:
Gulf-front view
Updated interior
High rental potential
Financially solid building
Resort-level amenities
Rental-ready with no surprises ahead
Sold for $550,000
$550,000
1002 Highway 98 Unit 810, Destin, FL 32541
1beds
775sqft
Condominium
Built in 1998
-- sqft lot
$514,500 Zestimate®
$710/sqft
$3,574 Estimated rent
Home value
$514,500
$473,000 - $561,000
$3,574/mo
Zestimate® history
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$3,561/mo
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List your homeWhat's special
Tennis courtPrivate beach accessUnobstructed gulf viewsHall bunksTiki barOnsite gym
Zillow last checked:
Listing updated:
Listed by:
At The Beach Team 850-654-3325,
Keller Williams Realty Destin
Bought with:
Non Member Office (NABOR)
Source: ECAOR,MLS#: 980715
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 132 Square Feet
- Dimensions: 12 x 11
Kitchen
- Level: First
- Area: 108 Square Feet
- Dimensions: 9 x 12
Living room
- Level: First
- Area: 240 Square Feet
- Dimensions: 16 x 15
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Trash Compactor, Washer, Electric Water Heater
Features
- Breakfast Bar, Newly Painted, Owner's Closet
- Flooring: Vinyl
- Windows: Double Pane Windows, Window Treatments
- Furnished: Yes
Interior area
- Total structure area: 775
- Total interior livable area: 775 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Exterior features: Outdoor Grill, Balcony
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Details
- Parcel number: 002S22203300088100
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 1998
Utilities & green energy
- Water: Public
Community & neighborhood
Community
- Community features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Fitness Center, Game Room, Gated, Picnic Area, Pool, TV Cable, Waterfront, Short Term Rental - Allowed
Location
- Region: Destin
- Subdivision: PELICAN BEACH RESORT CONDO
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Sold | $550,000-4.2%$710/sqft |
Source:  ECAOR #980715 Report a problem | ||
| 10/23/2025 | Pending sale | $574,000$741/sqft |
Source: ECAOR #980715 Report a problem | ||
| 10/10/2025 | Price change | $574,000-1.9%$741/sqft |
Source: ECAOR #980715 Report a problem | ||
| 7/11/2025 | Listed for sale | $585,000-4.9%$755/sqft |
Source: ECAOR #980715 Report a problem | ||
| 2/28/2023 | Sold | $615,000-0.8%$794/sqft |
Source: ECAOR #913246 Report a problem | ||
| 1/16/2023 | Pending sale | $619,900$800/sqft |
Source: ECAOR #913246 Report a problem | ||
| 12/10/2022 | Listed for sale | $619,900+195.2%$800/sqft |
Source: ECAOR #913246 Report a problem | ||
| 12/20/2012 | Sold | $210,000$271/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 +6.8% | $270,000 +7.8% |
| 2018 | $3,208 | $250,500 +10.6% |
| 2017 | $3,208 +8.4% | $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 -17.8% |
| 2008 | -- | $286,000 -19.9% |
| 2007 | -- | $357,000 -18.9% |
| 2006 | -- | $440,000 +7.3% |
| 2005 | -- | $410,000 +63% |
| 2004 | -- | $251,500 +29.8% |
| 2003 | -- | $193,800 +10% |
| 2002 | -- | $176,200 +2% |
| 2001 | -- | $172,700 |
Find assessor info on the county website
Neighborhood: 32541
Nearby schools
GreatSchools rating
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 1.2 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 3.4 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 9.7 mi
Schools provided by the listing agent
- Elementary: Destin
- Middle: Destin
- High: Destin
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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- Florida
- Okaloosa County
- Destin
- 32541
- 1002 Highway 98 Unit 810
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