970 Us 98
Destin, FL 32541
- 2 beds
- 2 baths
- 1,072 sqft
- $400 per sqft
- 2000 build
- – on site
NEW LOW PRICE-Turnkey Investment Opportunity - 4 Minute walk to the beach & over $41,000 in rental revenue in just 10 months,with additional owner usage—showcasing its incredible investment potential! NO assessments on the unit! Highly sought-after Terrace at Pelican Beach. This income-producing property generated High occupancy rates with strong repeat guests due to its prime location and luxurious updates. Turnkey investment,perfect for short-term rentals with no major updates needed. Updated & Move-In Ready Modern kitchen with brand-new shaker cabinets, quartz countertops,& a stylish shiplap surround. New tile flooring throughout, fresh paint, updated furnishings, artwork,& accessories. Spacious open-concept living & dining area designed for relaxation and entertain Resort-Style Amenities & Prime Location Amazing Tiki Hut beachside! Deeded beach access to Destin's sugar-white sands and emerald waters. Resort-style pool, hot tub, fitness center, tennis courts, game room, BBQ grills, and more! Located across from Big Kahuna's Water & Adventure Park and some of the top dining, shopping, and entertainment. Whether you're looking for a vacation rental or a personal beach getaway, this condo delivers strong ROI with the perfect blend of luxury and location.
Last checked:
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Last updated Apr 14, 2025
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MLS# 969738 —
The Building
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Year Built:2000
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Construction Materials:Concrete
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Building Area Total:1072.0
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Building Area Source:Agent-Measured
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Architectural Style:N/A
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Basement:None
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Stories Total:98
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Levels:None
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Foundation Details:None
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Exterior Features:Balcony, BBQ Pit/Grill, Deck Open
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Patio And Porch Features:None
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Accessibility Features:None
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Security Features:None
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Direction Faces:None
Interior
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Interior Features:Floor Tile, Furnished - All, Owner's Closet, Renovated, Window Treatment All
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Rooms Total:4
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Flooring:None
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Fireplace:No
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Fireplaces Total:None
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Fireplace Features:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Location
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Directions:Inside Pelican Beach Resort across from Big Kahuna Water Park
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:Construction Complete
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Property Attached:None
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Lot Size Units:Acres
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Possible Use:None
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Parcel Number:00-2S-22-2500-0000-0205
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Topography:None
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View:Lake
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Waterfront:true
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Waterfront Features:Lake
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Water Body Name:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:4126.0
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Tax Legal Description:THE TERRACE AT PELICAN BEACH UNIT 205
Beds
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Bedrooms Total:2
Baths
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Total Baths:2.0
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Total Baths:2
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Full Baths:2
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Home Warranty:No
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Electric, Public Sewer, Public Water, TV Cable
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Electric:None
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Sewer:None
Appliances
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Appliances:Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
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Dryer:true
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Washer:true
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Microwave:true
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Dishwasher:true
Schools
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Elementary School:Destin
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Elementary School District:None
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Middle Or Junior School:Destin
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Middle Or Junior School District:None
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High School:Fort Walton Beach
The Community
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Subdivision Name:TERRACE AT PELICAN BEACH
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Community Features:BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Game Room, Gated Community, Pavillion/Gazebo, Picnic Area, Pool, Sauna/Steam Room, Tennis, TV Cable
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Association:true
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Association Amenities:None
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Association Fee:None
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Association Fee 2:1052.96
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Association Fee Frequency:Monthly
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Association Fee Includes:Accounting, Ground Keeping, Internet Service, Legal, Master Association, Recreational Faclty, Security, Sewer, Telephone, Water, Cable TV, Trash
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Pool Private:None
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Pool Features:Pool Type
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Spa Features:None
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Pets Allowed:None
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Senior Community:No
Parking
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Carport:false
Monthly cost estimate

Asking price
$429,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,297
|
Taxes | $343 |
Insurance | $117 |
Utilities | $115 See report |
Total | $2,872/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/3/25
Apr 3, 2025
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Price Changed | ECARMLS | $429,000 | -4.6% |
3/25/25
Mar 25, 2025
|
Price Changed | ECARMLS | $449,500 | -2.3% |
2/27/25
Feb 27, 2025
|
Listed / Active | ECARMLS | $460,000 |