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$478,000
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Property Description
Welcome to your perfect slice of paradise at Terrace at Pelican Beach in the heart of Destin, Florida! 2024 GRI $60K, 2025 YTD $51K. This beautifully updated 2-bedroom, 2-bath condo is ideally located on the 2nd floor, offering easy access--no elevator waits required. Step into a freshly remodeled kitchen featuring new cabinets, granite countertops, and stainless-steel appliances--all replaced in 2024, along with a new HVAC system and hot water heater for year-round comfort and efficiency. The unit is carpet-free for a clean, coastal feel throughout. Sold fully furnished! Whether you're looking for a lucrative investment, a relaxing second home, or a permanent beachside residence, this condo checks all the boxes. The Terrace is located in one of the most popular vacation complexes on the Emerald Coast. Terrace at Pelican has their own pool and grill area, The owners and guests at the Terrace also have unlimited use to all of Pelican Beach amenities including three pools (indoor & outdoor), an indoor sauna & steam room, gym, tennis, covered parking, conference rooms, game room, café, tiki bar, & beach service. The new 114 ft zero entry pool right on the beach with 12 seat spa is absolutely making this resort the optimum vacation destination. This resort is located near Destin's top dining, shopping, and entertainment, this unit offers exceptional value, convenience, and income potential.
Full Property Details
Full Property Details for 970 Hwy 98 #202
General
- Price: $478,000
- Taxes: $4,298 (2024)
- Status: Active
- Type: Condo /Townhouse
- Source: Emerald_Coast
- MLS ID: 979241
- Updated: 9/26/2025
- Added to Site: 210 day(s) ago
Interior
- Rooms/Areas: Bedroom, Dining Room, Kitchen, Master Bedroom
- Interior Features: Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet, Pantry, Walls Mirrored, Washer/Dryer Hookup, Window Treatment All
- Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Kitchen: Kitchen
- Dining Room: Dining Room
Additional Information
- Shared Amenities: BBQ Pit/Grill, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Picnic Area, Pool, Sauna/Steam Room, Tennis, TV Cable, Waterfront, Whirlpool
- Pool: Yes
Exterior
- Exterior Features: Balcony
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: Terrace At Pelican Beach
- Driving Directions: Across from Big Kahuna's Waterpark on Highway 98 in Destin.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Fort Walton Beach
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Ceiling Fans, Double Pane Windows, Heat Cntrl Electric, Water Heater - Elect
Utilities
- Utility Description: Electric, Phone, Public Sewer, Public Water, TV Cable
Structural Information
- Construction: Concrete
- Stories/Levels: 0
- Stories in Building: 16
- Square Feet: 1,072
- Sq. Ft. Source: County PA Records
- Year Built: 1999
Lot Features
- Property View: Lake
Water Features
- Water Front Type: Lake
Financial Considerations
- Assessment Amount: $1,052
- Assmt Payment Freq: Monthly
- Tax Amount: $4,298
- Tax Year: 2024
- Terms: Conventional, Other
Disclosures and Reports
- Legal Description: THE TERRACE AT PELICAN BEACH UNIT 202
- Assessment: Yes
- APN: 00-2S-22-2500-0000-0202
Listed by RE/MAX by the Sea
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Schools
Schools serving 970 Hwy 98 #202
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 970 Hwy 98 #202
Date
Details
Price
Change
Source
9/12/2025
Price Reduced
$478,000
-2.05%
MLS
6/20/2025
Listed
$488,000
-70.73%
MLS
5/16/2012
Sold
$1,667,000
—
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 Hwy 98 #202
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,504
5%
$415,000
—
2024
$4,298
4%
$415,000
—
2023
$4,152
39%
$415,000
73%
2021
$2,980
-15%
$240,000
-25%
2022
$3,494
17%
$320,000
39%
2021
$2,980
10%
$230,000
10%
2019
$2,719
11%
$209,000
10%
2018
$2,440
1%
$190,000
3%
2017
$2,405
1%
$184,000
—
2016
$2,390
2%
$184,000
4%
2015
$2,345
8%
$177,000
9%
2014
$2,173
11%
$162,000
12%
2013
$1,961
—
$145,000
—
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 Hwy 98 #202
970 Highway 98 #202, Destin, FL 32541 (MLS# 979241) is a Condo / Townhouse property with 2 bedrooms and 2 full bathrooms. 970 Highway 98 #202 is currently listed for $478,000 and was received on June 20, 2025. Want to learn more about 970 Highway 98 #202? 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.

