Pelican Beach

970 Highway 98 #602

$373,000

● Condo - Off Market

970 Highway 98 #602

Destin, FL 32541

2 Beds

2 Baths

$3,140

Est. Monthly

$1,053

HOA / Fees

2.95%

Cap Rate

About This Property

Welcome to Terrace 602, turn key and rental ready. Unit GRI 2024 was $28,263. Seller uses as vacation rental and self manages. Don't miss this opportunity!! Deeded Beach access, there is a boardwalk from the Terrace to the Beach. A free Tram is provided in season although it is only a 3 minute walk to the beach. Amenities include, a cafe, tiki bar, pickleball, game room, sauna, steam room, gym, 3 pools including a 114ft. zero entry pool on the beach. Very few condos in the heart of Destin offer this many amenities in one location.

Unit Size

Days on Market

63 days

Land Size

Price per sqft

Property Type

Condo

Property Taxes

HOA Dues

$1,053

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 8 months ago (ECAR #990958)

Price History

Date / Event	Date	Event
Feb 9, 2026	Sold	Premium
Sold
Jan 27, 2026	In contract	-
In contract
Dec 8, 2025	Listed by Adams Real Estate Inc	$425,000
Listed by Adams Real Estate Inc
Feb 2, 2019	No longer available	-
No longer available
Nov 18, 2018	Listed	$319,000
Listed

	This is a great rental unit and is priced to sell. Gulf, Lake, Harbor and Pool views. Amenities include Fitness Center on 2nd floor of building, Heated Pool, Jacuzzi, Trolly to Beach and, Beach Pool, on site dining. The location in the heart of Destin is unsurpassed. Walking Distance to many restaurants and activities. Seller Rents through VRBO and grossed $40,551.00, after the VRBO commissions were deducted for the calendar year 2018. As of 1/21/19 the unit has $10,064.97 in bookings for 2019 (this is net of bed tax and VRBO commissions) that can be transferred to new buyer. The manager has listed the unit size as 1084 square feet.

Property Highlights

Parking Available

Garage

Elevator

Air Conditioning

Interior Details

Full Bathrooms: 2

Rooms: 4

Exterior Details

Has Property Attached

Property Condition: Construction Complete

Architectural Style: N/A

Year Built: 1999

Building Area Total: 1072

Pool Features: Pool Type

Lot Size Units: Acres

Utilities Details

Cooling Type: Central Air

Heating Type: Central

Location Details

HOA Fee Frequency: Monthly

Condo/Coop Fee: $1,053

Request mortgage information redaction

Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20260721 Unit 1107 07/21/2026	1107	3 Bed	3 Bath	-	$700,000 3 Bed 3 Bath	$700,000 08/19/2026	Jane Fillingim Keller Williams Success Realty
20260403 Unit 806 04/03/2026	806	2 Bed	2 Bath	1072 ft²	$499,000 2 Bed 2 Bath 1072 ft²	$485,000 -2.81% 07/08/2026	Kendall Hood Compass
20251208 Unit 602 12/08/2025	602	2 Bed	2 Bath	-	$425,000 2 Bed 2 Bath	$373,000 -12.24% 02/09/2026	Cat Stevens C&R Sun Properties LLC
20251027 Unit 603 10/27/2025	603	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
20250402 Unit UNIT1105 04/02/2025	UNIT1105	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
20250225 Unit UNIT505 02/25/2025	UNIT505	2 Bed	2 Bath	-	$499,000 2 Bed 2 Bath	$485,000 -2.81% 05/07/2025	Jean Cannon LPT Realty LLC
20250108 Unit 903 01/08/2025	903	2 Bed	2 Bath	-	$449,000 2 Bed 2 Bath	$372,500 -17.04% 09/18/2025	Brett Pasquariello Adams Real Estate Inc
20241217 Unit 1406 12/17/2024	1406	2 Bed	2 Bath	-	$499,000 2 Bed 2 Bath	$475,000 -4.81% 07/11/2025	Brett Pasquariello Adams Real Estate Inc
20241214 Unit 1407 12/14/2024	1407	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
20241004 Unit UNIT1203 10/04/2024	UNIT1203	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
20240927 Unit 101 09/27/2024	101	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
20240807 Unit UNIT304 08/07/2024	UNIT304	3 Bed	2 Bath	-	$625,000 3 Bed 2 Bath	$535,000 -14.40% 07/29/2025	Tony Manthey The Premier Property Group
20240618 Unit 1006 06/18/2024	1006	2 Bed	2 Bath	1072 ft²	$530,000 2 Bed 2 Bath 1072 ft²	- -	Jay Davis Dassa Realty Llc
20240528 Unit UNIT406 05/28/2024	UNIT406	2 Bed	2 Bath	-	$475,000 2 Bed 2 Bath	$350,000 -26.32% 11/03/2025	Franklin Perry A List Beach Realty LLC
20240506 Unit UNIT1006 05/06/2024	UNIT1006	2 Bed	2 Bath	-	$490,000 2 Bed 2 Bath	$337,500 -31.12% 08/26/2025	Jay Davis Dassa Realty Llc
20240119 Unit 401 01/19/2024	401	3 Bed	3 Bath	1400 ft²	$640,000 3 Bed 3 Bath 1400 ft²	- -	At The Beach Team Keller Williams Realty Destin
20231114 Unit 1201 11/14/2023	1201	3 Bed	2.5 Bath	1400 ft²	$550,000 3 Bed 2.5 Bath 1400 ft²	- -	Ed & Terri Smith RE/MAX Coastal Properties
20231006 Unit UNIT307 10/06/2023	UNIT307	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
20230901 Unit 606 09/01/2023	606	2 Bed	2 Bath	1072 ft²	$535,000 2 Bed 2 Bath 1072 ft²	- -	At The Beach Team Keller Williams Realty Destin
20230506 Unit 702 05/06/2023	702	2 Bed	2 Bath	1072 ft²	$565,000 2 Bed 2 Bath 1072 ft²	- -	At The Beach Team Keller Williams Realty Destin
20230214 Unit 606 02/14/2023	606	2 Bed	2 Bath	1072 ft²	$562,000 2 Bed 2 Bath 1072 ft²	- -	Suzanne E Clarke World Impact Real Estate
20221012 Unit 306 10/12/2022	306	2 Bed	2 Bath	1072 ft²	$530,000 2 Bed 2 Bath 1072 ft²	- -	Marie H Babin RE/MAX By the Sea
20221012 Unit 504 10/12/2022	504	3 Bed	2 Bath	1240 ft²	$625,000 3 Bed 2 Bath 1240 ft²	- -	Marie H Babin RE/MAX By the Sea
20221007 Unit 803 10/07/2022	803	2 Bed	2 Bath	1072 ft²	$560,000 2 Bed 2 Bath 1072 ft²	- -	MICHELLE CARLSON Berkshire Hathaway HomeServices PenFed Realty
20220811 08/11/2022		2 Bed	2 Bath	1072 ft²	$575,000 2 Bed 2 Bath 1072 ft²	- -	Kimberly K Pieper The Premier Property Group
20220414 Unit 402 04/14/2022	402	2 Bed	2 Bath	1072 ft²	$515,000 2 Bed 2 Bath 1072 ft²	- -	Green Beret Group Keller Williams Realty FWB
20211118 Unit 203 11/18/2021	203	2 Bed	2 Bath	-	$485,000 2 Bed 2 Bath	$490,000 +1.03% 01/20/2022	Tony Manthey The Premier Property Group
20210626 Unit 702 06/26/2021	702	2 Bed	2 Bath	1072 ft²	$399,000 2 Bed 2 Bath 1072 ft²	- -	Marie H Babin RE/MAX By the Sea
20210625 Unit 601 06/25/2021	601	3 Bed	3 Bath	1400 ft²	$529,500 3 Bed 3 Bath 1400 ft²	- -	Janette A Klein Vacasa Real Estate - Miramar Beach
20210310 Unit 206 03/10/2021	206	2 Bed	2 Bath	1072 ft²	$329,000 2 Bed 2 Bath 1072 ft²	- -	-
20210308 03/08/2021		2 Bed	2 Bath	1072 ft²	$329,000 2 Bed 2 Bath 1072 ft²	- -	-
20201022 Unit 204 10/22/2020	204	Loft	2 Bath	1240 ft²	$437,500 Loft 2 Bath 1240 ft²	- -	Tracy Wood NextHome Cornerstone Realty
20201021 Unit 201 10/21/2020	201	3 Bed	3 Bath	1400 ft²	$459,900 3 Bed 3 Bath 1400 ft²	- -	-
20200926 Unit 1103 09/26/2020	1103	2 Bed	2 Bath	1072 ft²	$359,000 2 Bed 2 Bath 1072 ft²	- -	-
20200915 Unit 1004 09/15/2020	1004	3 Bed	2 Bath	1240 ft²	$445,000 3 Bed 2 Bath 1240 ft²	- -	-
20200909 Unit 304 09/09/2020	304	3 Bed	2 Bath	1240 ft²	$450,000 3 Bed 2 Bath 1240 ft²	- -	-
20200901 Unit 904 09/01/2020	904	3 Bed	2 Bath	1240 ft²	$450,000 3 Bed 2 Bath 1240 ft²	- -	-
20200609 Unit 501 06/09/2020	501	3 Bed	3 Bath	1400 ft²	$385,000 3 Bed 3 Bath 1400 ft²	- -	-
20200502 Unit 206 05/02/2020	206	2 Bed	2 Bath	1072 ft²	$295,500 2 Bed 2 Bath 1072 ft²	- -	-
20200430 04/30/2020		2 Bed	2 Bath	1072 ft²	$295,500 2 Bed 2 Bath 1072 ft²	- -	-
20190925 Unit 203 09/25/2019	203	2 Bed	2 Bath	1072 ft²	$315,900 2 Bed 2 Bath 1072 ft²	- -	-
20190818 Unit 302 08/18/2019	302	2 Bed	2 Bath	1072 ft²	$299,500 2 Bed 2 Bath 1072 ft²	- -	-
20190816 Unit 402 08/16/2019	402	2 Bed	2 Bath	1072 ft²	$315,000 2 Bed 2 Bath 1072 ft²	- -	-
20190802 Unit 1601 08/02/2019	1601	3 Bed	4 Bath	2154 ft²	$675,000 3 Bed 4 Bath 2154 ft²	- -	-
20190525 Unit 206 05/25/2019	206	2 Bed	2 Bath	1072 ft²	$295,500 2 Bed 2 Bath 1072 ft²	- -	-
20190524 05/24/2019		2 Bed	2 Bath	1072 ft²	$295,500 2 Bed 2 Bath 1072 ft²	- -	-
20190320 Unit 1505 03/20/2019	1505	2 Bed	2 Bath	1072 ft²	$330,000 2 Bed 2 Bath 1072 ft²	- -	-
20190207 Unit 302 02/07/2019	302	2 Bed	2 Bath	1072 ft²	$310,000 2 Bed 2 Bath 1072 ft²	- -	-
20181118 Unit 602 11/18/2018	602	2 Bed	2 Bath	1084 ft²	$319,000 2 Bed 2 Bath 1084 ft²	- -	-
20180823 Unit 304 08/23/2018	304	3 Bed	2 Bath	1240 ft²	- 3 Bed 2 Bath 1240 ft²	- -	-
20180607 Unit 206 06/07/2018	206	2 Bed	2 Bath	1072 ft²	- 2 Bed 2 Bath 1072 ft²	- -	-
20171207 12/07/2017		2 Bed	2 Bath	1072 ft²	- 2 Bed 2 Bath 1072 ft²	- -	-
20160512 Unit 506 05/12/2016	506	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
20160507 Unit UNIT602 05/07/2016	UNIT602	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
20160411 Unit UNIT404 04/11/2016	UNIT404	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
20160326 Unit 807 03/26/2016	807	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
20160315 Unit 1203 03/15/2016	1203	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
20150611 Unit 706 06/11/2015	706	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
20150420 Unit UNIT206 04/20/2015	UNIT206	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
20150321 Unit UNIT1207 03/21/2015	UNIT1207	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
20150315 Unit UNIT605 03/15/2015	UNIT605	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
20150215 Unit UNIT707 02/15/2015	UNIT707	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
20140808 Unit UNIT1406 08/08/2014	UNIT1406	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
20140326 Unit UNIT1404 03/26/2014	UNIT1404	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
20130604 Unit 603 06/04/2013	603	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
20130221 Unit 403 02/21/2013	403	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
20120614 Unit 1406 06/14/2012	1406	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
20120601 Unit 1103 06/01/2012	1103	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
20120516 Unit 1504 05/16/2012	1504	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
20120428 Unit 803 04/28/2012	803	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
20120217 Unit 304 02/17/2012	304	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
20120104 Unit 907 01/04/2012	907	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
20111109 Unit 902 11/09/2011	902	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
20110128 Unit 206 01/28/2011	206	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
20100625 Unit 303 06/25/2010	303	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

970 U.S. 98 970 U.S. 98, Destin, FL 32541

3 Units for Sale

More about this Building

Want to find out who owns 970 U.S. 98, Destin, FL 32541? Get detailed property transactions here.

About Pelican Beach

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$461

Below Asking

0.01%

Average Days on Market

Average Home Size

1110 ft²

Average Home Age

27.5 years

Currently For Sale

27 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Listed by: Brett A Pasquariello, Adams Real Estate Inc
Last Updated: 8 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 990958

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