$424,027*
●
Condo -
Off Market
970 Highway 98 #203
Destin, FL 32541
2 Beds
2 Baths
1,072 Ft²
$261,000 - $317,000
Reference Base Price*
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
This condo is the perfect beach paradise. A spacious 2-bedroom unit
with 1,072 sq. ft. furnished and updated with stunning views
overlooking the pool, private lake and the Gulf of Mexico. With
deeded beach access, this resort is packed with amenities for you
to enjoy. It features 3 pools (one heated!) There is also a Steam
Room/Sauna, barbecue grills, fitness area, tennis, and community
room. This condo has updated flooring throughout, granite counter
tops in the kitchen, and a large master bedroom with its own
private entrance to the balcony. The Living room is wide open
sporting a great view, day or night. The washer/dryer is
conveniently located inside the unit.
The manager has listed the unit size as 1072 square feet.
The manager has listed the unit size as 1072 square feet.
Unit Size
1,072 Ft²
Days on Market
-
Land Size
-
Price per sqft
$270
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
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Principal + Interest:
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 20, 2022 | Sold | ||
| Sold | |||
| Nov 18, 2021 | Listed | $485,000 | |
| Listed | |||
| | |||
|
This fully renovated and rental ready Condo Unit at Terrace at Pelican Beach overlooks the Lake and Gulf, views you'll never tire of taking in. The open Kitchen, Dining, and Living areas offer plenty of space for the whole family. Sliding Glass Doors lead to the Balcony from both the Living Room and Master Suite. The 2nd Bedroom, Full Bathroom, and Laundry are located towards the front of the Unit. Pelican Beach Resort offers family-friendly amenities including gorgeous beachfront, heated pools, fitness room, grills, hot tub, tennis, game room, cafe, beachside tiki bar, and much more! Big Kahuna's Water Park is just across the street, and you're just minutes from the Destin Harbor. This is a great investment opportunity with actual Rental Income showing this Unit grossing $60K! This Unit has new flooring, freshly painted, all Smart Flat Screen TVs, and updated Furniture along with a new Sleeper Sofa. The Hot Water Heater and Refrigerator was replaced in 2020. Also, the HVAC System was just replaced a few weeks ago ($7,150 paid). This Unit is rental ready or would be a great 2nd home!!
| |||
| Dec 6, 2019 | No longer available | - | |
| No longer available | |||
| Nov 28, 2019 | Price Decreased |
$289,900
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Nov 27, 2019 | Price Decreased |
$290,900
↓ $2K
(0.7%) | |
| Price Decreased | |||
Show More
Property Highlights
With View
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/21/2026
|
3 Bed
|
3 Bath
|
-
|
$700,000
3 Bed
3 Bath
|
$700,000
08/19/2026
|
Jane Fillingim
Keller Williams Success Realty
| |
|
04/03/2026
|
2 Bed
|
2 Bath
|
1072 ft²
|
$499,000
2 Bed
2 Bath
1072 ft²
|
$485,000
-2.81%
07/08/2026
|
Kendall Hood
Compass
| |
|
12/08/2025
|
2 Bed
|
2 Bath
|
-
|
$425,000
2 Bed
2 Bath
|
$373,000
-12.24%
02/09/2026
|
Cat Stevens
C&R Sun Properties LLC
| |
|
10/27/2025
|
2 Bed
|
2 Bath
|
1072 ft²
|
$399,000
2 Bed
2 Bath
1072 ft²
|
$373,000
-6.52%
12/30/2025
|
Brett Pasquariello
Adams Real Estate Inc
| |
|
04/02/2025
|
2 Bed
|
2 Bath
|
-
|
$485,000
2 Bed
2 Bath
|
$481,588
-0.70%
09/30/2025
|
Jodi M Van Wagner PA
Keller Williams Realty Navarre
| |
|
02/25/2025
|
2 Bed
|
2 Bath
|
-
|
$499,000
2 Bed
2 Bath
|
$485,000
-2.81%
05/07/2025
|
Jean Cannon
LPT Realty LLC
| |
|
01/08/2025
|
2 Bed
|
2 Bath
|
-
|
$449,000
2 Bed
2 Bath
|
$372,500
-17.04%
09/18/2025
|
Brett Pasquariello
Adams Real Estate Inc
| |
|
12/17/2024
|
2 Bed
|
2 Bath
|
-
|
$499,000
2 Bed
2 Bath
|
$475,000
-4.81%
07/11/2025
|
Brett Pasquariello
Adams Real Estate Inc
| |
|
12/14/2024
|
3 Bed
|
3 Bath
|
1400 ft²
|
$710,000
3 Bed
3 Bath
1400 ft²
|
$708,000
-0.28%
01/03/2025
|
Brett Pasquariello
Adams Real Estate Inc
| |
|
10/04/2024
|
2 Bed
|
2 Bath
|
1070 ft²
|
$520,000
2 Bed
2 Bath
1070 ft²
|
$435,000
-16.35%
11/20/2025
|
Marie Babin
RE/MAX by the Sea
| |
|
09/27/2024
|
3 Bed
|
3 Bath
|
1400 ft²
|
$539,000
3 Bed
3 Bath
1400 ft²
|
$340,000
-36.92%
06/04/2026
|
Brett Pasquariello
Adams Real Estate Inc
| |
|
08/07/2024
|
3 Bed
|
2 Bath
|
-
|
$625,000
3 Bed
2 Bath
|
$535,000
-14.40%
07/29/2025
|
Tony Manthey
The Premier Property Group
| |
|
06/18/2024
|
2 Bed
|
2 Bath
|
1072 ft²
|
$530,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
Jay Davis
Dassa Realty Llc
| |
|
05/28/2024
|
2 Bed
|
2 Bath
|
-
|
$475,000
2 Bed
2 Bath
|
$350,000
-26.32%
11/03/2025
|
Franklin Perry
A List Beach Realty LLC
| |
|
05/06/2024
|
2 Bed
|
2 Bath
|
-
|
$490,000
2 Bed
2 Bath
|
$337,500
-31.12%
08/26/2025
|
Jay Davis
Dassa Realty Llc
| |
|
01/19/2024
|
3 Bed
|
3 Bath
|
1400 ft²
|
$640,000
3 Bed
3 Bath
1400 ft²
|
-
-
|
At The Beach Team
Keller Williams Realty Destin
| |
|
11/14/2023
|
3 Bed
|
2.5 Bath
|
1400 ft²
|
$550,000
3 Bed
2.5 Bath
1400 ft²
|
-
-
|
Ed & Terri Smith
RE/MAX Coastal Properties
| |
|
10/06/2023
|
3 Bed
|
3 Bath
|
1400 ft²
|
$649,000
3 Bed
3 Bath
1400 ft²
|
$610,000
-6.01%
01/30/2024
|
Dustin Cornwell
Dream Destin Realty PLLC
| |
|
09/01/2023
|
2 Bed
|
2 Bath
|
1072 ft²
|
$535,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
At The Beach Team
Keller Williams Realty Destin
| |
|
05/06/2023
|
2 Bed
|
2 Bath
|
1072 ft²
|
$565,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
At The Beach Team
Keller Williams Realty Destin
| |
|
02/14/2023
|
2 Bed
|
2 Bath
|
1072 ft²
|
$562,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
Suzanne E Clarke
World Impact Real Estate
| |
|
10/12/2022
|
2 Bed
|
2 Bath
|
1072 ft²
|
$530,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
Marie H Babin
RE/MAX By the Sea
| |
|
10/12/2022
|
3 Bed
|
2 Bath
|
1240 ft²
|
$625,000
3 Bed
2 Bath
1240 ft²
|
-
-
|
Marie H Babin
RE/MAX By the Sea
| |
|
10/07/2022
|
2 Bed
|
2 Bath
|
1072 ft²
|
$560,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
MICHELLE CARLSON
Berkshire Hathaway HomeServices PenFed Realty
| |
|
08/11/2022
| |
2 Bed
|
2 Bath
|
1072 ft²
|
$575,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
Kimberly K Pieper
The Premier Property Group
|
|
04/14/2022
|
2 Bed
|
2 Bath
|
1072 ft²
|
$515,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
Green Beret Group
Keller Williams Realty FWB
| |
|
11/18/2021
|
2 Bed
|
2 Bath
|
-
|
$485,000
2 Bed
2 Bath
|
$490,000
+1.03%
01/20/2022
|
Tony Manthey
The Premier Property Group
| |
|
06/26/2021
|
2 Bed
|
2 Bath
|
1072 ft²
|
$399,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
Marie H Babin
RE/MAX By the Sea
| |
|
06/25/2021
|
3 Bed
|
3 Bath
|
1400 ft²
|
$529,500
3 Bed
3 Bath
1400 ft²
|
-
-
|
Janette A Klein
Vacasa Real Estate - Miramar Beach
| |
|
03/10/2021
|
2 Bed
|
2 Bath
|
1072 ft²
|
$329,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
| |
|
03/08/2021
| |
2 Bed
|
2 Bath
|
1072 ft²
|
$329,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
|
|
10/22/2020
|
Loft
|
2 Bath
|
1240 ft²
|
$437,500
Loft
2 Bath
1240 ft²
|
-
-
|
Tracy Wood
NextHome Cornerstone Realty
| |
|
10/21/2020
|
3 Bed
|
3 Bath
|
1400 ft²
|
$459,900
3 Bed
3 Bath
1400 ft²
|
-
-
|
-
| |
|
09/26/2020
|
2 Bed
|
2 Bath
|
1072 ft²
|
$359,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
| |
|
09/15/2020
|
3 Bed
|
2 Bath
|
1240 ft²
|
$445,000
3 Bed
2 Bath
1240 ft²
|
-
-
|
-
| |
|
09/09/2020
|
3 Bed
|
2 Bath
|
1240 ft²
|
$450,000
3 Bed
2 Bath
1240 ft²
|
-
-
|
-
| |
|
09/01/2020
|
3 Bed
|
2 Bath
|
1240 ft²
|
$450,000
3 Bed
2 Bath
1240 ft²
|
-
-
|
-
| |
|
06/09/2020
|
3 Bed
|
3 Bath
|
1400 ft²
|
$385,000
3 Bed
3 Bath
1400 ft²
|
-
-
|
-
| |
|
05/02/2020
|
2 Bed
|
2 Bath
|
1072 ft²
|
$295,500
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
| |
|
04/30/2020
| |
2 Bed
|
2 Bath
|
1072 ft²
|
$295,500
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
|
|
09/25/2019
|
2 Bed
|
2 Bath
|
1072 ft²
|
$315,900
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
| |
|
08/18/2019
|
2 Bed
|
2 Bath
|
1072 ft²
|
$299,500
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
| |
|
08/16/2019
|
2 Bed
|
2 Bath
|
1072 ft²
|
$315,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
| |
|
08/02/2019
|
3 Bed
|
4 Bath
|
2154 ft²
|
$675,000
3 Bed
4 Bath
2154 ft²
|
-
-
|
-
| |
|
05/25/2019
|
2 Bed
|
2 Bath
|
1072 ft²
|
$295,500
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
| |
|
05/24/2019
| |
2 Bed
|
2 Bath
|
1072 ft²
|
$295,500
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
|
|
03/20/2019
|
2 Bed
|
2 Bath
|
1072 ft²
|
$330,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
| |
|
02/07/2019
|
2 Bed
|
2 Bath
|
1072 ft²
|
$310,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
| |
|
11/18/2018
|
2 Bed
|
2 Bath
|
1084 ft²
|
$319,000
2 Bed
2 Bath
1084 ft²
|
-
-
|
-
| |
|
08/23/2018
|
3 Bed
|
2 Bath
|
1240 ft²
|
-
3 Bed
2 Bath
1240 ft²
|
-
-
|
-
| |
|
06/07/2018
|
2 Bed
|
2 Bath
|
1072 ft²
|
-
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
| |
|
12/07/2017
| |
2 Bed
|
2 Bath
|
1072 ft²
|
-
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
|
|
05/12/2016
|
2 Bed
|
2 Bath
|
1072 ft²
|
$268,500
2 Bed
2 Bath
1072 ft²
|
$260,000
-3.17%
01/24/2018
|
Debbie Neale
Re/Max Beaches
| |
|
05/07/2016
|
2 Bed
|
2 Bath
|
1084 ft²
|
$254,900
2 Bed
2 Bath
1084 ft²
|
$225,000
-11.73%
05/26/2017
|
Karen Shelton
The Shelton Group
| |
|
04/11/2016
|
3 Bed
|
2 Bath
|
1240 ft²
|
$279,000
3 Bed
2 Bath
1240 ft²
|
$275,000
-1.43%
11/10/2016
|
Cat Stevens
C&R Sun Properties LLC
| |
|
03/26/2016
|
3 Bed
|
3 Bath
|
1400 ft²
|
$379,900
3 Bed
3 Bath
1400 ft²
|
$370,000
-2.61%
03/17/2017
|
Cat Stevens
C&R Sun Properties LLC
| |
|
03/15/2016
|
2 Bed
|
2 Bath
|
1070 ft²
|
$279,900
2 Bed
2 Bath
1070 ft²
|
$273,900
-2.14%
06/23/2016
|
E Michelle Terry
Dale E Peterson Realty Inc
| |
|
06/11/2015
|
2 Bed
|
2 Bath
|
1072 ft²
|
$258,900
2 Bed
2 Bath
1072 ft²
|
$245,000
-5.37%
01/15/2016
|
Cat Stevens
C&R Sun Properties LLC
| |
|
04/20/2015
|
2 Bed
|
2 Bath
|
1072 ft²
|
$239,000
2 Bed
2 Bath
1072 ft²
|
$229,000
-4.18%
01/14/2016
|
Cat Stevens
C&R Sun Properties LLC
| |
|
03/21/2015
|
3 Bed
|
3 Bath
|
1347 ft²
|
$372,500
3 Bed
3 Bath
1347 ft²
|
$340,000
-8.72%
04/20/2016
|
Cat Stevens
C&R Sun Properties LLC
| |
|
03/15/2015
|
2 Bed
|
2 Bath
|
1072 ft²
|
$265,000
2 Bed
2 Bath
1072 ft²
|
$265,000
03/31/2015
|
Cat Stevens
C&R Sun Properties LLC
| |
|
02/15/2015
|
3 Bed
|
3 Bath
|
1347 ft²
|
$369,900
3 Bed
3 Bath
1347 ft²
|
$318,200
-13.98%
01/28/2016
|
Roland Guidry
Pat Guidry Agency Inc
| |
|
08/08/2014
|
2 Bed
|
2 Bath
|
1072 ft²
|
$269,000
2 Bed
2 Bath
1072 ft²
|
$250,000
-7.06%
02/17/2015
|
Chad Knaepple
Taylor Allen Properties LLC
| |
|
03/26/2014
|
3 Bed
|
2 Bath
|
1240 ft²
|
$329,000
3 Bed
2 Bath
1240 ft²
|
$285,000
-13.37%
10/23/2015
|
Wanda Duke
Destin - Crye*Leike Coastal Realty
| |
|
06/04/2013
|
2 Bed
|
2 Bath
|
1072 ft²
|
$299,000
2 Bed
2 Bath
1072 ft²
|
$265,000
-11.37%
01/16/2015
|
Howard Dolgoff
Emerald Coast Properties Inc
| |
|
02/21/2013
|
2 Bed
|
2 Bath
|
1072 ft²
|
$170,100
2 Bed
2 Bath
1072 ft²
|
$175,350
+3.09%
04/26/2013
|
The Kelly Group Team
Keller Williams Realty Destin
| |
|
06/14/2012
|
2 Bed
|
2 Bath
|
1072 ft²
|
$249,000
2 Bed
2 Bath
1072 ft²
|
$227,250
-8.73%
01/14/2013
|
Woody Rossbach
Adams Real Estate Inc
| |
|
06/01/2012
|
2 Bed
|
2 Bath
|
1072 ft²
|
$215,000
2 Bed
2 Bath
1072 ft²
|
$215,000
07/30/2012
|
Shannyn Stevenson
Newman Dailey Resort Properties
| |
|
05/16/2012
|
3 Bed
|
2 Bath
|
1240 ft²
|
$279,900
3 Bed
2 Bath
1240 ft²
|
$269,000
-3.89%
10/29/2012
|
Nathan J Abbott
EXP Realty LLC
| |
|
04/28/2012
|
2 Bed
|
2 Bath
|
1072 ft²
|
$220,000
2 Bed
2 Bath
1072 ft²
|
$213,500
-2.95%
12/07/2012
|
Sandra Sharpe
Coldwell Banker Realty
| |
|
02/17/2012
|
3 Bed
|
2 Bath
|
1240 ft²
|
$239,900
3 Bed
2 Bath
1240 ft²
|
$227,000
-5.38%
04/16/2012
|
Venita Brannon
Coldwell Banker Realty
| |
|
01/04/2012
|
3 Bed
|
3 Bath
|
1400 ft²
|
$280,000
3 Bed
3 Bath
1400 ft²
|
$275,000
-1.79%
01/31/2012
|
Woody Rossbach
Adams Real Estate Inc
| |
|
11/09/2011
|
2 Bed
|
2 Bath
|
1072 ft²
|
$199,000
2 Bed
2 Bath
1072 ft²
|
$190,000
-4.52%
08/30/2012
|
Shannyn Stevenson
Newman Dailey Resort Properties
| |
|
01/28/2011
|
2 Bed
|
2 Bath
|
1072 ft²
|
$196,000
2 Bed
2 Bath
1072 ft²
|
$177,000
-9.69%
05/31/2012
|
Patrick Wilson
Mainsail Realty Company
| |
|
06/25/2010
|
2 Bed
|
2 Bath
|
1072 ft²
|
$235,000
2 Bed
2 Bath
1072 ft²
|
$226,000
-3.83%
04/01/2013
|
Jane Araguel
RE/MAX Coastal Properties
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017