For sale

$649,900

970 Highway 98 #1602, Destin, FL 32541

3beds

1,240sqft

$4,199/mo

Get pre-qualified

Condominium

Built in 1999

-- sqft lot

$-- Zestimate^®

$524/sqft

$-- HOA

What's special

Beautifully updated throughoutTurnkey coastal retreat

Welcome to Terrace at Pelican Beach Resort #1602, a stunning 16th-floor penthouse offering panoramic views of the Gulf, Destin Harbor, Lake, and Coastline. Beautifully updated throughout, this turnkey coastal retreat combines elevated views, desirable resort amenities, and exceptional investment potential in the heart of Destin with a covered, deeded parking space, located directly in front of the elevators for unmatched convenience. Amenities Include: Pelican Beach Cafe and Tiki Bar, 4 pools, pickleball & tennis courts, EV charging stations, game room, fitness center, deeded beach access, and more!

2 days
254
17

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First
Area: 163.3 Square Feet
Dimensions: 14.2 x 11.5

Bedroom

Level: First
Area: 136.8 Square Feet
Dimensions: 12 x 11.4

Bedroom

Level: First
Area: 114.4 Square Feet
Dimensions: 11 x 10.4

Kitchen

Level: First
Area: 137.06 Square Feet
Dimensions: 15.4 x 8.9

Living room

Level: First
Area: 297.22 Square Feet
Dimensions: 19.3 x 15.4

Heating

Central

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
Laundry: Washer/Dryer Hookup

Features

Breakfast Bar, Crown Molding, Vaulted Ceiling(s), Owner's Closet
Flooring: Tile
Windows: Window Treatments
Furnished: Yes

Interior area

Total structure area: 1,240
Total interior livable area: 1,240 sqft

Property

Parking

Total spaces: 1
Parking features: Deeded, Guest, Garage
Garage spaces: 1

Features

Exterior features: Balcony
Has view: Yes
View description: Gulf, Gulf/Pass, Harbor, Lake
Has water view: Yes
Water view: Gulf,Gulf/Pass,Harbor,Lake
Waterfront features: Lake Front

Details

Parcel number: 002S22250000001602

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Condition

Construction Complete
New construction: No
Year built: 1999

Utilities & green energy

Water: Public

Community & HOA

Community

Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Fitness Center, Fishing, Game Room, Picnic Area, Pool, Sauna/Steam Room, TV Cable, Tennis Court(s), Waterfront, Whirlpool, Pickleball, Short Term Rental - Allowed
Security: Fire Alarm, Smoke Detector(s)
Subdivision: TERRACE AT PELICAN BEACH

HOA

Has HOA: Yes
Services included: Maintenance Grounds, Recreational Faclty, Security, Sewer, Cable TV, Trash, Water, Internet

Location

Region: Destin

Financial & listing details

Price per square foot: $524/sqft
Tax assessed value: $512,500
Annual tax amount: $6,069
Date on market: 8/29/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/29/2026	Listed for sale	$649,900-1.5%$524/sqft
Source: ECAOR #1010870 Report a problem
7/26/2023	Sold	$660,000-5.7%$532/sqft
Source: ECAOR #918860 Report a problem
6/20/2023	Pending sale	$699,900$564/sqft
Source: ECAOR #918860 Report a problem
6/1/2023	Price change	$699,900-6.7%$564/sqft
Source: ECAOR #918860 Report a problem
3/14/2023	Listed for sale	$749,900+87.5%$605/sqft
Source: ECAOR #918860 Report a problem
4/1/2014	Listing removed	$400,000$323/sqft
Source: ADAMS REAL ESTATE INC #592765 Report a problem
3/4/2014	Listed for sale	$400,000+18.5%$323/sqft
Source: ADAMS REAL ESTATE INC #592765 Report a problem
4/3/2009	Sold	$337,500$272/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,070 -3.8%	$512,500 -3.8%
2024	$6,308 +14.3%	$532,500
2023	$5,519 +23.4%	$532,500 +41.1%
2022	$4,473 +8.3%	$377,500 +13.5%
2021	$4,129 +4.2%	$332,500 +3.1%
2020	$3,964 +3.3%	$322,500
2019	$3,836 +16%	$322,500 +25.2%
2018	$3,306	$257,500 +3.6%
2017	$3,306 +1.8%	$248,500
2016	$3,248 +0.6%	$248,500 +3.3%
2015	$3,228 +1.3%	$240,500 +7.6%
2014	$3,186	$223,500 +9.8%
2013	--	$203,500 +8.2%
2012	--	$188,000 -12.1%
2011	--	$214,000 -17.1%
2010	--	$258,000 -23.8%
2009	--	$338,512 -4.9%
2008	--	$356,000 -7.8%
2007	--	$386,000 -23%
2006	--	$501,000 +17.6%
2005	--	$426,000 +60.2%
2004	--	$266,000 +6%
2003	--	$251,000 +1.2%
2002	--	$248,000 +0.9%
2001	--	$245,700