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$450,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,072 Sq. Ft.
  • Updated 11 days ago
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Exceptional value in the heart of Destin at Terrace at Pelican Beach! Unit 503 offers an affordable opportunity to own a Destin vacation property while enjoying the extensive amenities and private deeded beach access of Pelican Beach Resort. Thoughtfully updated with new flooring, an updated kitchen, appliances, and bathrooms, this condo is ready to enjoy as a personal beach getaway or vacation rental. One of the standout features is the view. Step outside and take in sweeping views down the Destin Harbor toward the Destin Bridge, creating a beautiful backdrop for western sunsets from your private balcony. The central Destin location puts you close to the beach, harbor, restaurants, shopping, boating, and many of the area's most popular attractions. Ownership at the Terrace provides access to an impressive resort amenity package, including private deeded beach access, three pools, three hot tubs, tennis and pickleball courts, a game room, and fitness centers at both Pelican Beach and the Terrace. Owners and guests can also enjoy the Pelican Beach Cafe and beachfront Tiki Bar. With updated interiors, a desirable harbor and sunset view, extensive resort amenities, and one of the most accessible price points at the Terrace, Unit 503 presents an excellent opportunity for buyers looking to get into the Destin vacation rental and second-home market without sacrificing location or amenities.

Full Property Details for 970 Hwy 98 #503

General

  • Price: $450,000
  • Taxes: $4,615 (2025)
  • Status: Active
  • Type: Condo
  • Source: Emerald_Coast
  • MLS ID: 1012106
  • Updated: 9/16/2026
  • Added to Site: 12 day(s) ago

Rental Information

  • Complex Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Beach, Community Room, Elevators, Exercise Room, Game Room, Gated Community, Pool, Sauna/Steam Room, Tennis

Interior

  • Number of Rooms: 4
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Smoke Detector, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Pool: Yes
  • Pool Description: Pool Type
  • Security/Safety: Fire Alarm/Sprinkler

Exterior

  • Exterior Features: Balcony

Location

  • Area: 14 - Destin
  • County: Okaloosa
  • Subdivision: TERRACE AT PELICAN BEACH
  • Driving Directions: From Highway 98 turn south into Pelican Beach Resort. The Terrace Condo complex is first building on the right. Pelican Beach Resort is across from the Big Kahuna Water Park.

School Information

  • Elementary School: Destin
  • Middle School: Destin
  • High School: Destin

Community

  • Association: Yes
  • Assoc. Fees Include: Ground Keeping, Insurance, Internet Service, Land Recreation, Security, Sewer, Telephone, Water, Cable TV, Trash

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central
  • Heating/Cooling: Central, Central Air

Utilities

  • Utility Description: Electric

Structural Information

  • Construction: Concrete, Block
  • Exterior Const.: Concrete, Block
  • Square Feet: 1,072
  • Sq. Ft. Source: County PA Records
  • Year Built: 1999

Lot Features

  • Property View: Pond, Lake, Lagoon, Harbor, Gulf, Canal

Water Features

  • Water View: Yes

Financial Considerations

  • Assessment Amount: $1,080
  • Tax Amount: $4,615.02
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: THE TERRACE AT PELICAN BEACH UNIT 503
  • APN: 00-2S-22-2500-0000-0503
  • Property ID: 00-2S-22-2500-0000-0503

Listed by Keller Williams Realty Destin

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Listing agents

— 970 Hwy 98 #503 —

  • Keller Williams Realty Destin

  • Keller Williams Realty Destin

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 970 Hwy 98 #503

School District:Okaloosa County School District
NameGradesDistance
Destin Elementary School
630 Kelly Street, Destin, FL 32541
PK-41.4 mi
Destin Middle School
4608 Legendary Marina Drive, Destin, FL 32541
5-83.1 mi
Fort Walton Beach High School
400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548
9-129.9 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 Hwy 98 #503 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/16/2026
Listed
$450,000
47.54%
MLS
10/30/2018
Sold
$305,000
—
Public Record
Get Price Alerts and Save Property
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 for 970 Hwy 98 #503

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,615
5%
$422,500
—
2024
$4,403
4%
$422,500
—
2023
$4,251
38%
$422,500
71%
2021
$3,074
-14%
$247,500
-24%
2022
$3,589
17%
$327,500
38%
2021
$3,074
7%
$237,500
4%
2019
$2,886
14%
$227,500
15%
2018
$2,536
1%
$197,500
3%
2017
$2,503
1%
$191,500
—
2016
$2,487
2%
$191,500
4%
2015
$2,444
8%
$184,500
9%
2014
$2,263
10%
$169,500
11%
2013
$2,062
—
$152,500
—
View All
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 for 970 Hwy 98 #503

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NMLS#: 1598647

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Listed by Keller Williams Realty Destin

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970 Highway 98 #503, Destin, FL 32541 (MLS# 1012106) is a Condo property with 2 bedrooms and 2 full bathrooms. 970 Highway 98 #503 is currently listed for $450,000 and was received on September 16, 2026. Want to learn more about 970 Highway 98 #503? 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.

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