970 E Hwy 98 806, Destin

$494,000

2 Beds
2 Baths
1,072 Sqft
0 Acre
0 Garage

Exceptional income-producing opportunity with $68,000 in year-to-date rental revenue and projected earnings nearing $80,000 this year! Enjoy sweeping Gulf and lake views from this beautifully updated 2-bedroom, 2-bath condo at The Terrace at Pelican Beach. Thoughtfully renovated, the unit offers a bright, coastal interior with updated LVP flooring, fresh paint, updated cabinetry, and a remodeled kitchen featuring a new refrigerator.

Floor-to-ceiling windows in the living area and primary bedroom bring in natural light and frame the water views, while the spacious balcony provides the perfect spot to relax and take in the scenery. The primary suite offers balcony access, Gulf views, and a beautifully redesigned bath with a frameless sliding shower door, designer tile, and waterfall showerhead. The guest bath has also been fully updated with designer finishes. An office area adds flexible space for remote work or everyday convenience. Located within the resort, owners and guests enjoy access to an impressive amenity package including three heated pools, a hot tub, fitness center, tennis courts, private beach access, game room, outdoor grills, and seasonal on-site dining. Whether you are searching for a primary residence, second home, or investment property, this condo delivers both lifestyle and income potential in the heart of Destin.

Essential Information
MLS® #999758
Price$494,000
Sold Price$485,000
Date Sold$2026-07-08
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,072
Year Built1999
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusSold
Community Information
Address970 E Hwy 98 806
Area14 - Destin
SubdivisionTERRACE AT PELICAN BEACH
CityDestin
CountyOkaloosa
StateFL
Zip Code32541
Amenities
UtilitiesElectric, Public Water
ViewBay, Gulf
Interior
HeatingCentral
CoolingCentral Air
Interior Features

Kitchen Island, Newly Painted, Washer/Dryer Hookup

Appliances

Dishwasher, Disposal, Electric Water Heater

Exterior
Exterior FeaturesBalcony
ConstructionConcrete
FoundationFoundation On Piling
School Information
ElementaryDestin
MiddleDestin
HighDestin
Additional Information
Days on Website194
Listing Details
OfficeCompass
Property History
Price Reduced from $499,000 to $494,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 14th, 2026 at 3:07pm CDT.