Exceptional income-producing opportunity with $68,000 in year-to-date rental revenue and projected earnings nearing $80,000 this year! Enjoy sweeping Gulf and lake views from this beautifully updated 2-bedroom, 2-bath condo at The Terrace at Pelican Beach. Thoughtfully renovated, the unit offers a bright, coastal interior with updated LVP flooring, fresh paint, updated cabinetry, and a remodeled kitchen featuring a new refrigerator.
Floor-to-ceiling windows in the living area and primary bedroom bring in natural light and frame the water views, while the spacious balcony provides the perfect spot to relax and take in the scenery. The primary suite offers balcony access, Gulf views, and a beautifully redesigned bath with a frameless sliding shower door, designer tile, and waterfall showerhead. The guest bath has also been fully updated with designer finishes. An office area adds flexible space for remote work or everyday convenience. Located within the resort, owners and guests enjoy access to an impressive amenity package including three heated pools, a hot tub, fitness center, tennis courts, private beach access, game room, outdoor grills, and seasonal on-site dining. Whether you are searching for a primary residence, second home, or investment property, this condo delivers both lifestyle and income potential in the heart of Destin.
Sold for $485,000
Zestimate®
$485,000
970 Highway 98 Unit 806, Destin, FL 32541
2beds
1,072sqft
Condominium
Built in 1999
-- sqft lot
$485,000 Zestimate®
$452/sqft
$4,768 Estimated rent
Home value
$485,000
$456,000 - $519,000
$4,768/mo
Zestimate® history
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$3,093/mo
Est. payment
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List your homeWhat's special
Bright coastal interiorFresh paintUpdated lvp flooringNatural lightUpdated cabinetry
Zillow last checked:
Listing updated:
Listed by:
Kendall L Hood 850-974-4556,
Compass,
Cassandra L DeJulio 913-961-2580,
Compass
Bought with:
Melissa A Haworth, 3481018
EXP Realty LLC
Source: ECAOR,MLS#: 999758
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Description: Buyer to confirm.
- Level: First
- Area: 135.54 Square Feet
- Dimensions: 12.2 x 11.11
Bedroom
- Description: Buyer to confirm.
- Level: First
- Area: 120 Square Feet
- Dimensions: 12 x 10
Kitchen
- Description: Buyer to confirm.
- Level: First
- Area: 158.6 Square Feet
- Dimensions: 13 x 12.2
Living room
- Description: Buyer to confirm.
- Level: First
- Area: 351 Square Feet
- Dimensions: 27 x 13
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Kitchen Island, Newly Painted
- Flooring: Vinyl
- 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: Bay, Gulf
- Has water view: Yes
- Water view: Bay,Gulf
Details
- Parcel number: 002S22250000000806
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete
- Foundation: Pillar/Post/Pier
Condition
- Construction Complete
- New construction: No
- Year built: 1999
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Deed Access, Dumpster, Elevators, Fitness Center, Pool, TV Cable, Whirlpool, Short Term Rental - Allowed
- Security: Smoke Detector(s)
- Subdivision: TERRACE AT PELICAN BEACH
HOA
- Has HOA: Yes
- Services included: Advertising, Maintenance Grounds, Insurance, Management, Recreational Faclty, Security, Sewer, Cable TV, Telephone, Trash, Water
Location
- Region: Destin
Financial & listing details
- Price per square foot: $452/sqft
- Tax assessed value: $430,000
- Annual tax amount: $4,537
- Date on market: 4/3/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Sold | $485,000-1.8%$452/sqft |
Source:  ECAOR #999758 Report a problem | ||
| 6/8/2026 | Pending sale | $494,000$461/sqft |
Source: ECAOR #999758 Report a problem | ||
| 6/3/2026 | Price change | $494,000-1%$461/sqft |
Source: ECAOR #999758 Report a problem | ||
| 4/3/2026 | Listed for sale | $499,000+49%$465/sqft |
Source: ECAOR #999758 Report a problem | ||
| 11/23/2020 | Sold | $335,000$313/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,508 +3.6% | $339,405 -21.1% |
| 2023 | $4,351 +18.1% | $430,000 +28.4% |
| 2022 | $3,684 +16.3% | $335,000 +31.4% |
| 2021 | $3,167 +3.3% | $255,000 +4.1% |
| 2020 | $3,065 +5% | $245,000 +4.3% |
| 2019 | $2,919 +10.9% | $235,000 +14.6% |
| 2018 | $2,632 | $205,000 +3% |
| 2017 | $2,632 +1.2% | $199,000 |
| 2016 | $2,601 +0.6% | $199,000 +3.6% |
| 2015 | $2,585 +1.6% | $192,000 +8.5% |
| 2014 | $2,544 | $177,000 +10.6% |
| 2013 | -- | $160,000 +3.2% |
| 2012 | -- | $155,000 -12.9% |
| 2011 | -- | $178,000 -14.8% |
| 2010 | -- | $209,000 -19.3% |
| 2009 | -- | $259,000 -9.1% |
| 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
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Nearby schools
GreatSchools rating
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 1.4 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 3.2 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 10 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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$485,000
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- Florida
- Okaloosa County
- Destin
- 32541
- 970 Highway 98 Unit 806
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