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 |
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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 |
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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, Tennis, TV Cable, Waterfront, Short Term Rental - Allowed |
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Utilities | Electric |
Parking | Garage |
Is Waterfront | Yes |
Waterfront | Gulf |
Has Pool | Yes |
Pool | Community |
Interior
Heating | Heat Cntrl Electric |
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Cooling | AC - Central Elect |
Has Basement | No |
Fireplace | No |
School Information
Elementary | Destin |
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Middle | Destin |
High | Destin |
Additional Information
Days on Website | 362 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 787.43 |
HOA Fees Freq. | Monthly |
Listing Details
Office | Adams Real Estate Inc |
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