Exceptional value in the heart of Destin at Terrace at Pelican Beach! Unit 503 offers an affordable opportunity to own a Destin vacation property while enjoying the extensive amenities and private deeded beach access of Pelican Beach Resort. Thoughtfully updated with new flooring, an updated kitchen, appliances, and bathrooms, this condo is ready to enjoy as a personal beach getaway or vacation rental.
One of the standout features is the view. Step outside and take in sweeping views down the Destin Harbor toward the Destin Bridge, creating a beautiful backdrop for western sunsets from your private balcony. The central Destin location puts you close to the beach, harbor, restaurants, shopping, boating, and many of the area's most popular attractions.
Ownership at the Terrace provides access to an impressive resort amenity package, including private deeded beach access, three pools, three hot tubs, tennis and pickleball courts, a game room, and fitness centers at both Pelican Beach and the Terrace. Owners and guests can also enjoy the Pelican Beach Cafe and beachfront Tiki Bar.
With updated interiors, a desirable harbor and sunset view, extensive resort amenities, and one of the most accessible price points at the Terrace, Unit 503 presents an excellent opportunity for buyers looking to get into the Destin vacation rental and second-home market without sacrificing location or amenities.
For sale
$450,000
970 Highway 98 #503, Destin, FL 32541
2beds
1,072sqft
Condominium
Built in 1999
-- sqft lot
$-- Zestimate®
$420/sqft
$-- HOA
What's special
Three poolsPrivate balconyThree hot tubsGame roomTennis and pickleball courtsUpdated kitchen
- 4 days
- 238
- 25
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
At The Beach Team 850-654-3325,
Keller Williams Realty Destin,
Jackson C Stanford 850-865-8928,
Keller Williams Realty Destin
Source: ECAOR,MLS#: 1012106
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: 120 Square Feet
- Dimensions: 12 x 10
Kitchen
- Level: First
- Area: 156 Square Feet
- Dimensions: 13 x 12
Living room
- Level: First
- Area: 351 Square Feet
- Dimensions: 27 x 13
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
Interior area
- Total structure area: 1,072
- Total interior livable area: 1,072 sqft
Property
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Canal, Gulf, Gulf/Pass, Harbor, Lagoon, Lake, Pond
- Has water view: Yes
- Water view: Canal,Gulf,Gulf/Pass,Harbor,Lagoon,Lake,Pond
Details
- Parcel number: 002S22250000000503
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Concrete
Condition
- Construction Complete
- New construction: No
- Year built: 1999
Community & HOA
Community
- Features: BBQ Pit/Grill, Beach, Community Room, Elevators, Fitness Center, Game Room, Gated, Pool, Sauna/Steam Room, Tennis Court(s), Pickleball, Short Term Rental - Allowed
- Security: Fire Alarm, Smoke Detector(s)
- Subdivision: TERRACE AT PELICAN BEACH
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Insurance, Land Recreation, Security, Sewer, Cable TV, Telephone, Trash, Water, Internet
Location
- Region: Destin
Financial & listing details
- Price per square foot: $420/sqft
- Tax assessed value: $422,500
- Annual tax amount: $4,615
- Date on market: 9/16/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Listed for sale | $450,000+47.5%$420/sqft |
Source:  ECAOR #1012106 Report a problem | ||
| 10/31/2018 | Sold | $305,000-4.7%$285/sqft |
Source: ECAOR #795330 Report a problem | ||
| 5/22/2018 | Listed for sale | $320,000+7%$299/sqft |
Source: Adams Real Estate Inc #795330 Report a problem | ||
| 12/1/2014 | Listing removed | $299,000$279/sqft |
Source: ADAMS REAL ESTATE INC #608256 Report a problem | ||
| 3/4/2014 | Listed for sale | $299,000+42.4%$279/sqft |
Source: ADAMS REAL ESTATE INC #608256 Report a problem | ||
| 4/12/2002 | Sold | $210,000$196/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,615 +4.8% | $362,365 +10% |
| 2024 | $4,403 +3.6% | $329,423 -22% |
| 2023 | $4,251 +18.5% | $422,500 +29% |
| 2022 | $3,589 +16.8% | $327,500 +32.3% |
| 2021 | $3,074 +3.4% | $247,500 +4.2% |
| 2020 | $2,972 +3% | $237,500 +4.4% |
| 2019 | $2,886 +13.8% | $227,500 +15.2% |
| 2018 | $2,536 | $197,500 +3.1% |
| 2017 | $2,536 +1.3% | $191,500 |
| 2016 | $2,503 +0.6% | $191,500 +3.8% |
| 2015 | $2,487 +1.8% | $184,500 +8.8% |
| 2014 | $2,444 | $169,500 +11.1% |
| 2013 | -- | $152,500 +2.3% |
| 2012 | -- | $149,000 -13.4% |
| 2011 | -- | $172,000 -15.3% |
| 2010 | -- | $203,000 -19.8% |
| 2009 | -- | $253,000 -11.2% |
| 2008 | -- | $285,000 -8.1% |
| 2007 | -- | $310,000 -16.2% |
| 2006 | -- | $370,000 |
| 2005 | -- | $370,000 +68.2% |
| 2004 | -- | $220,000 +10% |
| 2003 | -- | $200,000 +7.8% |
| 2002 | -- | $185,500 +1% |
| 2001 | -- | $183,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32541
Nearby schools
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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