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$498,000
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Property Description
Here is your opportunity to own an exquisitely appointed 2-bedroom, 2-bath residence at The Terrace at Pelican Beach. Impeccably maintained and thoughtfully curated, this elegant unit showcases upscale furnishings, including a sleeper sofa, with all beds featuring premium upgraded mattresses to comfortably accommodate up to six guests. Unit 505 offers a beautifully designed kitchen complemented by sleek granite countertops, updated appliances, and sophisticated tile flooring throughout--creating a seamless blend of style and functionality. Step onto your private, spacious balcony and indulge in sweeping panoramic views of the Gulf of America, a tranquil lake, and four resort-style pools, two of which are heated during the winter months.
Full Property Details
Full Property Details for 970 E Hwy 98 #UNIT 505
General
- Price: $498,000
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 1001840
- Updated: 4/29/2026
- Added to Site: 17 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Gated Community, Pool, Sauna/Steam Room, Tennis, TV Cable
Interior
- Number of Rooms: 5
- Interior Features: Breakfast Bar, Owner's Closet
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony
Parking
- Parking Features: Covered, Guest, Other
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: TERRACE AT PELICAN BEACH
- Driving Directions: HWY 98 - Closest land mark is across from the water park
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Internet Service, Sewer, Cable TV, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Heating/Cooling: Central, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Public Water
Structural Information
- Square Feet: 1,072
- Sq. Ft. Source: Appraiser
- Year Built: 1999
Lot Features
- Property View: Lake, Gulf
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Lake
Financial Considerations
- Assessment Amount: $1,080
Disclosures and Reports
- Legal Description: HE TERRACE AT PELICAN BEACH UNIT 50
- APN: 00-2S-22-2500-0000-0505
- Property ID: 00-2S-22-2500-0000-0505
Listed by Dockside Realty Inc
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Schools
Schools serving 970 E Hwy 98 #UNIT 505
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 1.4 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 | 9.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 970 E Hwy 98 #UNIT 505
Date
Details
Price
Change
Source
4/29/2026
Listed
$498,000
66%
MLS
10/26/2019
Sold
$300,000
—
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 970 E Hwy 98 #UNIT 505
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,550
3%
$480,000
-4%
2024
$5,389
4%
$500,000
—
2023
$5,194
40%
$500,000
67%
2021
$3,722
-10%
$300,000
-13%
2022
$4,158
12%
$345,000
19%
2021
$3,722
9%
$290,000
17%
2019
$3,403
18%
$247,500
10%
2018
$2,889
2%
$225,000
4%
2017
$2,823
1%
$216,000
—
2016
$2,806
2%
$216,000
4%
2015
$2,756
8%
$208,000
9%
2014
$2,561
11%
$191,000
12%
2013
$2,312
—
$171,000
—
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 970 E Hwy 98 #UNIT 505
970 E Highway 98 #UNIT 505, Destin, FL 32541 (MLS# 1001840) is a Condo property with 2 bedrooms and 2 full bathrooms. 970 E Highway 98 #UNIT 505 is currently listed for $498,000 and was received on April 30, 2026. Want to learn more about 970 E Highway 98 #UNIT 505? Do you have questions about finding other Condo real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

