Destin, FL 32541,1002 Highway 98  #505
Destin, FL 32541,1002 Highway 98  #505
Destin, FL 32541,1002 Highway 98  #505
Destin, FL 32541,1002 Highway 98  #505
Destin, FL 32541,1002 Highway 98  #505
Destin, FL 32541,1002 Highway 98  #505
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$603,000

$615,900

2.1%
Est.Price: ?

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Est. payment /mo

1 Bed

2 Baths

873 SqFt


SOLD DATE : 08/10/2023

Key Details

Sold Price $603,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 873 sqft

Price per Sqft $690

Subdivision Pelican Beach Resort Condo

MLS Listing ID 922770

Sold Date 08/10/23

Bedrooms 1

Full Baths 2

Construction Status Construction Complete

HOA Fees $787/mo

HOA Y/N Yes

Year Built 1998

Property Description

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.

Location

State FL

County Okaloosa

Area 14 - Destin

Rooms

Guest Accommodations BBQ Pit/Grill,Beach,Community Room,Elevators,Exercise Room,Gated Community,Picnic Area,Pool,Sauna/Steam Room,Short Term Rental - Allowed,Tennis,TV Cable,Waterfront

Kitchen First

Exterior

Parking Features Garage

Pool Community

Community Features BBQ Pit/Grill, Beach, Community Room, Elevators, Exercise Room, Gated Community, Picnic Area, Pool, Sauna/Steam Room, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront

Utilities Available Electric

Waterfront Description Gulf

Private Pool Yes

Building

Water Gulf

Construction Status Construction Complete

Schools

Elementary Schools Destin

Others

HOA Fee Include Accounting,Ground Keeping,Internet Service,Legal,Management,Master Association,Recreational Faclty,Security,Taxes,Telephone,Trash,TV Cable,Water

Assessment Amount $787

Energy Description AC - Central Elect,Heat Cntrl Electric

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Listed by Adams Real Estate Inc
Bought with Corcoran Reverie Destin
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