1002 Highway 98 505, Destin, FL

$603,000

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1

Bed

2

Baths

873

Square feet

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.

Features of 1002 Highway 98 505

MLS® # 922770
Sold Price $603,000
List Price $615,900
Bedrooms 1
Bathrooms 2.00
Full Baths 2
Square Footage 873
Acres 0.00
Year Built 1998
Type Condominium
Sub-Type Condominium
Style N/A
Status Sold

Community Information

Address 1002 Highway 98 505
Area 14 - Destin
Subdivision PELICAN BEACH RESORT CONDO
City Destin
County Okaloosa
State FL
Zip Code 32541

Amenities

Amenities BBQ Pit/Grill, Beach, Community Room, Elevators, Exercise Room, Gated Community, Picnic Area, Pool, Sauna/Steam Room, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront
Utilities Electric
Parking Garage
Is Waterfront Yes
Waterfront Gulf
Has Pool Yes
Pool Community

Interior

Heating Heat Cntrl Electric
Cooling AC - Central Elect
Has Basement No
Fireplace No

School Information

Elementary Destin
Middle Destin
High Destin

Additional Information

Days on Website 407
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 787.43
HOA Fees Freq. Monthly

Listing Details

OfficeAdams Real Estate Inc

For more information call

(850) 325-0004

Listing Map

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