2 Beds
2 Baths
1,072 SqFt
2 Beds
2 Baths
1,072 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,072 sqft
Price per Sqft $325
Subdivision Terrace At Pelican Beach
MLS Listing ID 1005839
Bedrooms 2
Full Baths 2
HOA Fees $1,080/mo
HOA Y/N Yes
Year Built 1999
Annual Tax Amount $4,944
Tax Year 2025
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 1072
Property Description
Owners and guests enjoy access to one of Destin's most amenity-rich resort communities, featuring multiple pools, hot tubs, fitness facilities, tennis courts, pickleball courts, a game room, on-site dining, gated security, and more. Whether you're spending the day on the beach, relaxing poolside, or exploring nearby shopping, dining, boating, and entertainment, everything that makes Destin one of Florida's premier vacation destinations is just moments away.
One of the property's most compelling advantages is its flexibility. Enjoy the condo as a personal beach retreat, second home, or vacation getaway while allowing rental income to help offset the cost of ownership when you're not using it. Professional rental projections indicate the potential for approximately $45,000+ in annual gross rental revenue, making this an attractive option for buyers seeking a vacation home with income-producing potential. Meticulously maintained and offered fully furnished, this 2-bedroom, 2-bath residence features soaring ceilings and an open layout that lives larger than its square footage suggests. The unit's position within the building provides views overlooking the pool while also capturing spectacular western sunsets from the private balcony. Beyond the resort grounds, views stretch toward Destin Harbor and the Destin Bridge, creating a unique backdrop of passing boats, harbor activity, and evening skies.
The Terrace offers one of the most attractive entry points into the Pelican Beach Resort lifestyle. Combining private beach access, resort amenities, rental flexibility, water views, and a central Destin location, this property delivers a compelling opportunity for buyers looking to create family memories at the beach while potentially allowing vacation renters to help subsidize a meaningful portion of ownership costs.
Location
State FL
County Okaloosa
Community Short Term Rental - Allowed, Pickle Ball, Bbq Pit/Grill, Beach, Community Room, Elevators, Exercise Room, Game Room, Gated Community, Pool, Sauna/Steam Room, Tennis
Area 14 - Destin
Direction 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.
Rooms
Primary Bedroom Level Main
Master Bedroom true
Kitchen true
Interior
Heating Central
Cooling Central Air
Appliance Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Smoke Detector, Washer
Exterior
Exterior Feature Balcony, Balcony
Pool Pool Type
Community 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
Utilities Available Electric
View Pond, Lake, Lagoon, Harbor, Gulf, Canal
Garage No
Building
Faces 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.
New Construction No
Schools
Elementary Schools Destin
Middle Schools Destin
High Schools Destin
Others
Pets Allowed No
HOA Fee Include Ground Keeping, Insurance, Internet Service, Sewer, TV Cable, Trash, Water
Tax ID 00-2S-22-2500-0000-0303
Security Features Fire Alarm/Sprinkler
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "