This breathtaking 5th Floor, 3BR 3BA, corner unit at Terrace Pelican Beach, offers sweeping views of the Gulf of Mexico and Destin Harbor! It boasts over 1,400 square feet of living space, features a 2020 complete renovation and is situated on the Emerald Coast in Beautiful Destin Beach! This unit offers turnkey resort style living and the ultimate in convenience and comfort. It’s beautifully decorated 3 bedroom, 3 bath conveys fully furnished and is rental ready. This unit has a yearly rental income history average of nearly $50,000! Highlights are the units two Balconies that are available with the large balcony being accessed from the living area and the master suite, and a second private balcony to the 3rd Bedroom exclusively. In addition to the spectacular living quarters, and beach views, the Pelican Beach Resort itself offers nothing less than the best amenities. It features 3 outdoor heated pools, tiki bar, 4 tennis courts, full gym and sauna, and 24/7 gated and guarded security. Don’t miss this exceptional property offering!
Sold for $325,000
$325,000
970 Highway 98 Unit 501, Destin, FL 32541
3beds
1,400sqft
Condo
Built in 1999
-- sqft lot
$601,400 Zestimate®
$232/sqft
$3,555 Estimated rent
Home value
$601,400
$547,000 - $662,000
$3,555/mo
Zestimate® history
Owner options
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$2,698/mo
Est. payment
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Est. payment
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List your homeWhat's special
Heated pools
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,400 sqft
Property
Parking
- Parking features: Garage - Attached, Off-street
Features
- Exterior features: Stucco, Cement / Concrete
- Has spa: Yes
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 5.06 Acres
Details
- Parcel number: 002S22250000000501
Construction
Type & style
- Home type: Condo
Condition
- Year built: 1999
Utilities & green energy
- Utilities for property: TV Cable, Public Water, Public Sewer
Community & HOA
Community
- Features: Fitness Center
HOA
- Has HOA: Yes
- HOA fee: $700 monthly
Location
- Region: Destin
Financial & listing details
- Price per square foot: $232/sqft
- Tax assessed value: $512,000
- Annual tax amount: $5,483
Price history
| Date | Event | Price |
|---|---|---|
| 2/1/2024 | Sold | $325,000-59.4%$232/sqft |
Source: Public Record Report a problem | ||
| 12/17/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/11/2021 | Listed for sale | $799,900+116.2%$571/sqft |
Source: Owner Report a problem | ||
| 7/7/2020 | Sold | $370,000-3.9%$264/sqft |
Source:  ECAOR #848117 Report a problem | ||
| 6/29/2020 | Pending sale | $385,000$275/sqft |
Source: Keller Williams Emerald Coast Realty #848117 Report a problem | ||
| 6/9/2020 | Listed for sale | $385,000+1.3%$275/sqft |
Source: Keller Williams Emerald Coast Realty #848117 Report a problem | ||
| 7/8/2019 | Listing removed | $379,900$271/sqft |
Source: Adams Real Estate Inc #813958 Report a problem | ||
| 6/18/2019 | Listed for sale | $379,900$271/sqft |
Source: Adams Real Estate Inc #813958 Report a problem | ||
| 6/18/2019 | Pending sale | $379,900$271/sqft |
Source: Adams Real Estate Inc #813958 Report a problem | ||
| 1/13/2019 | Listed for sale | $379,900$271/sqft |
Source: Adams Real Estate Inc #813958 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,483 +3.7% | $421,927 -17.6% |
| 2023 | $5,286 +18.2% | $512,000 +29% |
| 2022 | $4,472 +13.6% | $397,000 +25.2% |
| 2021 | $3,937 +0.8% | $317,000 +1.6% |
| 2020 | $3,904 +3.1% | $312,000 |
| 2019 | $3,786 +11% | $312,000 +14.7% |
| 2018 | $3,412 | $272,000 +15.3% |
| 2017 | $3,412 +10.6% | $236,000 |
| 2016 | $3,084 +0.6% | $236,000 +4% |
| 2015 | $3,066 +1.9% | $227,000 +8.6% |
| 2014 | $3,007 | $209,000 +11.2% |
| 2013 | -- | $188,000 +1.6% |
| 2012 | -- | $185,000 -13.6% |
| 2011 | -- | $214,000 -19.2% |
| 2010 | -- | $265,000 -20.9% |
| 2009 | -- | $335,000 -11.1% |
| 2008 | -- | $377,000 -8% |
| 2007 | -- | $410,000 -25.5% |
| 2006 | -- | $550,000 +19.6% |
| 2005 | -- | $460,000 +71.6% |
| 2004 | -- | $268,000 +5.9% |
| 2003 | -- | $253,000 +2.3% |
| 2002 | -- | $247,200 +1% |
| 2001 | -- | $244,800 |
Find assessor info on the county website
Neighborhood: 32541
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 8.3 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 17 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 12.9 mi
Schools provided by the listing agent
- Elementary: Destin
- Middle: Destin
- High: Fort Walton Beach
Source: The MLS. 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
- Walton County
- Destin
- 32541
- 970 Highway 98 Unit 501
Nearby cities
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