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Sold for $485,000
    • $485,000

    970 Highway 98 #505, Destin, FL 32541

    2beds
    1,072sqft
    Condominium
    Built in 1999
    -- sqft lot
    $454,300 Zestimate®
    $452/sqft
    $2,247 Estimated rent

    Home value

    $454,300

    $432,000 - $477,000

    $2,247/mo

    Zestimate® history
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    What's special

    Here's your opportunity to invest in a great 2 bedroom 2 bath condo at The Terrace at Pelican Beach.This unit is impeccably maintained with newer furnishings and a sleeper sofa (all beds have upgraded mattresses), comfortably accommodating up to 6 guests. Unit 505 features a fully stocked kitchen and luxury tile throughout. Enjoy modern amenities such as granite countertops, newer appliances, and a spacious balcony offering breathtaking views of the Gulf of America, a serene lake, 4 pools (2 heated in winter), stunning sunsets, and even fireworks!Located centrally in Destin, across from the popular Big Kahuna Water Park, The Terrace at Pelican Beach offers an array of amenities: Tiki bar right on the beach, cafe on site, electric car charging stations, tennis and pickleball courts, game room, sauna, exercise room, and deeded beach access. Don't miss this chance to own a slice of paradise. Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jean W Cannon 850-496-7225,

    LPT Realty LLC

    Bought with:

    Christine P Baeza, 3027542

    Dockside Realty Inc

    Source: ECAOR,MLS#: 969524MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Area: 135.54 Square Feet
    • Dimensions: 12.2 x 11.11
    Bedroom
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 12 x 10
    Other
    • Description: 173 sq. ft.
    Kitchen
    • Level: First
    • Area: 183 Square Feet
    • Dimensions: 15 x 12.2
    Living room
    • Description: Living/Dining Combo
    • Level: First
    • Area: 351 Square Feet
    • Dimensions: 27 x 13
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
    Features
    • Breakfast Bar, Owner's Closet
    • Flooring: Tile
    • Windows: Window Treatments
    • Furnished: Yes
    Interior area
    • Total structure area: 1,072
    • Total interior livable area: 1,072 sqft

    Property

    Features
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Gulf, Lake
    • Has water view: Yes
    • Water view: Gulf,Lake
    • Waterfront features: Lake Front
    Details
    • Parcel number: 002S22250000000505

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Construction Complete,Renovated
    • New construction: No
    • Year built: 1999

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: BBQ Pit/Grill, Community Room, Deed Access, Dumpster, Elevators, Fitness Center, Fishing, Gated, Pool, Sauna/Steam Room, TV Cable, Tennis Court(s), Pickleball, Short Term Rental - Allowed
    • Subdivision: TERRACE AT PELICAN BEACH
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Sewer, Cable TV, Trash, Internet
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $452/sqft
    • Tax assessed value: $422,500
    • Annual tax amount: $4,804
    • Date on market: 2/25/2025

    Price history

    DateEventPrice
    10/1/2026Listing removed$475,000$443/sqft
    Source: ECAOR #1001840 Report a problem
    7/13/2026Price change$475,000-3.1%$443/sqft
    Source: ECAOR #1001840 Report a problem
    5/23/2026Price change$490,000-1.6%$457/sqft
    Source: ECAOR #1001840 Report a problem
    4/30/2026Listed for sale$498,000+2.7%$465/sqft
    Source: ECAOR #1001840 Report a problem
    5/7/2025Sold$485,000-2.8%$452/sqft
    Source: ECAOR #969524 Report a problem
    3/30/2025Pending sale$499,000$465/sqft
    Source: ECAOR #969524 Report a problem
    2/25/2025Listed for sale$499,000-6.7%$465/sqft
    Source: ECAOR #969524 Report a problem
    10/31/2024Listing removed$535,000$499/sqft
    Source: ECAOR #954149 Report a problem
    7/8/2024Listed for sale$535,000+75.4%$499/sqft
    Source: ECAOR #954149 Report a problem
    10/29/2019Sold$305,000-4.7%$285/sqft
    Source: ECAOR #823712 Report a problem
    8/19/2019Price change$319,900-3.1%$298/sqft
    Source: Adams Real Estate Inc #823712 Report a problem
    5/25/2019Listed for sale$330,000+15.8%$308/sqft
    Source: Adams Real Estate Inc #823712 Report a problem
    10/3/2009Listing removed$285,000$266/sqft
    Source: OCEAN REEF REALTY INC #523468 Report a problem
    9/15/2009Listed for sale$285,000-24.4%$266/sqft
    Source: OCEAN REEF REALTY INC #523468 Report a problem
    4/26/2004Sold$377,000+36.1%$352/sqft
    Source: Public Record Report a problem
    10/21/2003Sold$277,000$258/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,004 0%$422,500
    2024$5,005 +17.7%$422,500
    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 +5.4%$237,500 +4.4%
    2019$2,819 +11.2%$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

    Neighborhood: 32541

    Nearby homes

    Nearby schools

    GreatSchools rating
    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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