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$885,000
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Property Description
Experience gulf-front living at its finest in this rare, highly sought-after corner condominium at Pelican Beach Resort in Destin, Florida. One of only 19 corner units in the building, this 5th floor two-bedroom, two-bath condo offers over 1,000 square feet of beautifully updated living space designed for comfort, style, and unobstructed beach views. Step inside to find a meticulously maintained retreat featuring tasteful updates throughout and two private balconies where breathtaking views of the Gulf of America stretch endlessly before you. Enjoy morning coffee with the sound of rolling waves and sunsets that paint the sky from every angle of this sun-filled end unit. Recent upgrades include a new HVAC system installed in 2025, ensuring year-round comfort and peace of mind. With a strong history of proven rental income, this unit is an exceptional investment and an idyllic personal escape. Pelican Beach Resort is a premier beachfront destination offering top-tier amenities including multiple pools, a hot tub, onsite restaurant, parking garage, gated entry, and deeded beach access. Perfectly located across from Big Kahuna's Water Park and just a block from grocery stores, shopping, and an array of dining options, convenience meets coastal luxury in the heart of Destin. This exclusive corner unit embodies everything that makes beachfront ownership extraordinaryrare availability, stunning views, and exceptional rental performance. Don't miss your chance to own a piece of Destin's Gulf-front paradise at Pelican Beach Resort.
Full Property Details
Full Property Details for 1002 E Hwy 98 E #501
General
- Price: $885,000
- Taxes: $7,285 (2024)
- Status: Active
- Type: Condo /Townhouse
- Source: Emerald_Coast
- MLS ID: 990030
- Updated: 11/20/2025
- Added to Site: 56 day(s) ago
Interior
- Rooms/Areas: Balcony, Kitchen, Living Room, Master Bedroom
- Interior Features: Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet, Washer/Dryer Hookup, Window Treatment All
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Additional Information
- Shared Amenities: Beach, Dumpster, Elevators, Exercise Room, Game Room, Gated Community, Pool, Short Term Rental - Allowed, TV Cable, Whirlpool
- Pool: Yes
Exterior
- Exterior Features: Balcony
- Patio/Balcony: Balcony
Parking
- Carports: Yes
- Parking: Covered, Detached
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: Pelican Beach Resort
- Driving Directions: Travel on Highway 98 through Destin, Pelican Beach Resort is on the south side of Hwy 98, across from Big Kahuna's water park.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric
Utilities
- Utility Description: Public Sewer, Public Water, TV Cable
Structural Information
- Construction: Concrete
- Stories/Levels: 0
- Stories in Building: 19
- Square Feet: 1,047
- Sq. Ft. Source: County PA Records
- Year Built: 1998
Financial Considerations
- Assessment Amount: $1,192
- Assmt Payment Freq: Monthly
- Tax Amount: $7,285
- Tax Year: 2024
- Terms: Conventional
Disclosures and Reports
- Legal Description: PELICAN BEACH RESORT CONDO UNIT 501
- Assessment: Yes
- APN: 00-2S-22-2033-0005-5010
Listed by Century 21 BE3
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Schools
Schools serving 1002 E Hwy 98 E #501
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 1.5 mi |
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 3.1 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 10 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1002 E Hwy 98 E #501
Date
Details
Price
Change
Source
11/20/2025
Listed
$885,000
161.83%
MLS
2/06/2017
Sold
$338,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1002 E Hwy 98 E #501
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,507
-1%
$465,000
-1%
2024
$5,568
13%
$470,000
3%
2023
$4,947
23%
$455,000
41%
2021
$4,015
-3%
$323,300
-6%
2022
$4,158
4%
$345,000
15%
2021
$4,015
17%
$300,000
11%
2019
$3,425
7%
$270,000
8%
2018
$3,208
8%
$249,150
10%
2017
$2,960
3%
$226,500
2%
2016
$2,884
2%
$222,000
4%
2015
$2,822
10%
$213,000
12%
2013
$2,569
—
$190,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1002 E Hwy 98 E #501
1002 E Highway 98 E #501, Destin, FL 32541 (MLS# 990030) is a Condo / Townhouse property with 2 bedrooms and 2 full bathrooms. 1002 E Highway 98 E #501 is currently listed for $885,000 and was received on November 20, 2025. Want to learn more about 1002 E Highway 98 E #501? Do you have questions about finding other Condo / Townhouse real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

