1002 Hwy 98, Unit 505, Destin, FL 32541
- $603,000
- 1
- BD
- 2
- BA
- 873
- SqFt
- Sold Price
- $603,000
- List Price
- $615,900
- Closing Date
- Aug 10, 2023
- Days on Market
- 95
- MLS#
- 922770
- Status
- CLOSED
- Type
- Condo
- Subtype
- Condominium
- Bedrooms
- 1
- Bathrooms
- 2
- Full Bathrooms
- 2
- Living Area
- 873
- Neighborhood
- 1401 - Destin Beach West
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.
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Additional Information
- Elementary School
- Destin
- High School
- Destin
- Legal Description
- PELICAN BEACH RESORT CONDO UNIT 505
- Middle School
- Destin
- Neighborhood
- 1401 - Destin Beach West
- Parking Features
- Garage
- Community Features
- BBQ Pit/Grill, Beach Access, Community Room, Elevator, Exercise Room, Gated, Picnic Area, Pool, Sauna, Cable TV, Tennis Court(s)
- Subdivision
- Pelican Beach Resort Condo
- Utilities
- Electricity Available
- Waterfront Features
- Gulf
- Year Built
- 1998
Mortgage Calculator
Listing courtesy of Adams Real Estate Inc. Selling Office: .
Vendor Member Number : 28166