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  • Price$615,900
  • Beds1
  • Baths2
  • SQ. Feet873
  • Built1998

1002 Highway 98 505, Destin

Beautiful updated 5th floor unit at Pelican Beach Resort!! Turn key, fully furnished rental machine! This 1 bedroom 2 full bath unit with built in bunks sleeps 6. Hot water heater replaced in 2021. Popcorn ceiling removed 2023. On Pelican Beach Rental program. Unit grossed $60,326 in 2022 (affected by assessment project) . Owners personal use for this condo was 38 nights for 2022. This year already has $44,891 on the books (2023) and $4,839 on the books for 2024 . Amenities include 114 ft. zero entry pool right on beach w/12-seat spa, tennis court, covered parking, TIKI bar, Cafe, game room, sauna. Unit is a vacation rental subject to back to back consistent bookings. Pelican Beach is finishing up an assessment project of weatherproofing and painting buildings exterior.

Essential Information

  • MLS® #922770
  • Price$615,900
  • Sold Price$603,000
  • Bedrooms1
  • Bathrooms2.00
  • Full Baths2
  • Square Footage873
  • Acres0.00
  • Year Built1998
  • TypeResidential
  • Sub-TypeCondominium
  • StyleN/A
  • StatusSold

Amenities

  • AmenitiesBBQ Pit/Grill, Beach, Community Room, Elevators, Exercise Room, Gated Community, Picnic Area, Pool, Sauna/Steam Room, Tennis, TV Cable, Waterfront, Short Term Rental - Allowed
  • UtilitiesElectric
  • ParkingGarage
  • Is WaterfrontYes
  • WaterfrontGulf
  • Has PoolYes
  • PoolCommunity

School Information

  • ElementaryDestin
  • MiddleDestin
  • HighDestin

Listing Details

  • Listing OfficeAdams Real Estate Inc

Community Information

  • Address1002 Highway 98 505
  • Area14 - Destin
  • SubdivisionPELICAN BEACH RESORT CONDO
  • CityDestin
  • CountyOkaloosa
  • StateFL
  • Zip Code32541

Interior

  • HeatingHeat Cntrl Electric
  • CoolingAC - Central Elect

Additional Information

  • Days on Website361
  • Date Sold2023-08-10
  • HOA Fees787.43
  • HOA Fees Freq.Monthly
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