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$599,900   Price Analysis
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1002 E Highway 98 Unit 107
Destin, FL 32541
1 bed 2 bath 800 SqFt ($749/SqFt)
Built 1997
Listed 2024-04-20, HOA $847, Taxes $4,074
Ⓧ USDA Ineligible
due to location

near Destin

Introducing an unparalleled investment opportunity in the heart of Destin

FL - a Gulf-front, first-floor unit nestled within the esteemed Pelic an Beach Resort. Rarely available, these coveted beachfront units boast unparalleled returns, with rental income potential soaring to an impressive 60-70k annually! Newly remodeled and featuring brand-new HVAC systems and rare install of a Washer and Dryer, this turnkey gem promises a seamless investment experience with no popcorn ceilings in sight. Step onto your private balcony and descend directly onto the pristine sugar-white sands, enjoying unrivaled beach and pool access mere steps away.

Fully-furnshed and rental-ready, this unit promises not a home, but a lucrative rental machine. Pelican Beach Resort spoils residents with an array of world-class amenities, including multiple indoor and outdoor pools, a fitness center, tennis courts, a cafe, steam and sauna facilities, BBQ grills, a tiki bar and sun deck - ensuring a lifestyle of luxury and leisure. Strategically located amidst fine dining, shopping and recreational pursuits, seize this opportunity to elevate your investment portfolio and embrace the ultimate beachside lifestyle!


Presented by Seth Matthews at
Berkshire Hathaway Home Services.
Listing Agent Photo

Property MLS #947884 from NWFlorida

Bedrooms: 1
Bedroom 1 Dimensions: 12.3 x 10.6
Primary Bedroom Level: First
Bedroom 1 Level: 1
Primary Bedroom Features: MBath Tile

Total Bathrooms: 2
Full Bathrooms: 2

Breakfast Bar
Floor Vinyl
Owner's Closet
Pantry
Shelving
Washer/Dryer Hookup
Window Treatment All

Cooktop
Dishwasher
Disposal
Dryer
Fire Alarm/Sprinkler
Freezer
Microwave
Range Hood
Refrigerator
Security System
Smoke Detector
Stove/Oven Electric
Washer

Dining Area, Foyer, Full Bathroom, Kitchen, Living Room, Master Bathroom, Master Bedroom
Dining Area: 15 x 5.11 x 1
Foyer: 37.4 x 8.2
Foyer Level: 1
Full Bathroom: 6.6 x 6.5
Full Bathroom Level: 1
Master Bathroom: 7 x 7.8
Master Bathroom Level: 1
Living Room Dimensions: 15 x 9
Living Room Level: First
Exercise Room: Yes

Kitchen Dimensions: 10.4 x 10.1
Kitchen Level: First

BBQ Pit/Grill
Deck Covered
Deck Open
Hot Tub
Patio Open
Pavillion/Gazebo
Pool - In-Ground

Pool Features: Community

Parking Features: Covered, Garage, Garage Attached

Association: Yes
Association Fee: 847
Association Fee Frequency: Monthly
Association Fee Includes: Accounting, Advertising, Ground Keeping, Insurance, Land Recreation, Legal, Licenses/Permits, Management, Master Association, Recreational Faclty, Repairs/Maintenance, Security, Services, Trash, TV Cable, Water
Calculated Total Monthly Association Fees: 847

Elementary School: Destin
High School: Destin
Middle School: Destin

Destin Elementary School is a public elementary school located approximately 1.4 miles away.
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Destin Middle School is a public elementary and middle school located approximately 3.1 miles away.
directions icon Map directions

Fort Walton Beach High School is a public high school located approximately 10.1 miles away.
directions icon Map directions

Destin Christian Academy is a private elementary school located approximately 1.2 miles away.
directions icon Map directions

Facilities: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Game Room, Gated Community, Handball, Laundry, Pavillion/Gazebo, Pickle Ball, Picnic Area, Playground, Pool, Project, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront

Annual Tax Amount: 4654.21
Source Listing Status: Active
County: Okaloosa
Directions: South of Highway 98 PELICAN BEACH RESORT CONDOS
Tax Year: 2023
Source Property Type: Residential
Area: 14 - Destin
Property Subtype: condo
Source Neighborhood: PELICAN BEACH RESORT CONDO
Parcel Number: 00-2S-22-2033-0001-1070
Subdivision: PELICAN BEACH RESORT CONDO
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$338,100 + $unknown
$338,100
$4,074
2021$316,834 + $unknown
$316,834
$3,934
2020$unknown + $unknown
$291,060
$3,659
2019$264,600 + $unknown
$264,600
$3,356
2018$245,490 + $unknown
$245,490
$3,152
2017$221,970 + $unknown
$221,970
$2,900
2016$217,560 + $unknown
$217,560
$2,825
2015$208,740 + $unknown
$208,740
$2,765
2014$unknown + $unknown
$193,060
$2,589
2013$unknown + $unknown
$186,200
$2,517
2012$unknown + $unknown
$186,200
$2,469
2011$unknown + $unknown
$186,000
$2,521
2010$unknown + $unknown
$195,000
$2,598
2009$unknown + $unknown
$235,000
$3,155
2008$unknown + $unknown
$279,000
$3,717
2007$unknown + $unknown
$350,000
$4,649

Listed 2024-04-20
$599,900
NWFlorida
Listing removed 2019-03-25
$369,000
NWFlorida
Listing removed 2019-01-04
$317,500
NWFlorida
Sold 2018-10-22
$369,000
NavarreBeach
Relisted 2018-08-31
$369,900
NWFlorida
Listing removed 2018-08-03
$369,900
NWFlorida
Listed 2018-07-14
$369,900
NavarreBeach
Listed 2018-07-14
$369,900
NWFlorida
Sold 2017-10-30
$317,500
NavarreBeach
Listed 2017-04-28
$330,000
NavarreBeach
Listed 2017-04-28
$330,000
NWFlorida
Sold 2000-03-03
$212,000
Public Record
Sold 1997-05-29
$180,000
Public Record
Sold 1996-12-01
$131,000
Public Record

Total Square Feet Living: 800
Year Built: 1997
Building Exterior Type: Concrete, Roof Concrete, Roof Membrane, Slab, Stucco
Property Age: 27
Year Built Details: Construction Complete

Electric
Public Sewer
Public Water
TV Cable

Energy: AC - Central Elect, Ceiling Fans, Water Heater - Elect
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.