1002 E Highway 98 415, Destin, FL 32541
PELICAN BEACH RESORT CONDO · Okaloosa County
Key Facts
Description
Over $42,000 in rental income for 2026 already! Turn-key investment opportunity with Gulf views at Pelican Beach Resort! 5.875% interest rate available. Unit 415 is a beautifully maintained and fully furnished condominium offering stunning beach views and an exceptional opportunity for investors or those seeking their own beach retreat. This turn-key rental property is currently in a vacation rental program, providing immediate income potential from day one. Inside, you'll find a bright and inviting coastal interior designed for comfort and relaxation. The open-concept living and dining area flows seamlessly to the private balcony where you can enjoy breathtaking views of the emerald waters and sugar-white sand beaches that make Destin world-famous. Onsite beach service for food and drinks for convenience. The fully equipped kitchen, spacious accommodations, and thoughtful furnishings make this condo ready for personal enjoyment or continued rental success. Pelican Beach Resort is one of Destin's most sought-after beachfront destinations, offering an unmatched resort experience in the heart of the city. Residents and guests enjoy direct beach access, three swimming pools including a beachfront pool and indoor/outdoor heated pool, multiple hot tubs, a kiddie pool, fitness centers, tennis and pickleball courts, a game room, on-site café, beachfront tiki bar, outdoor grilling areas, covered parking, beach service, and 24-hour security. The resort consists of approximately 340 Gulf-front condominium units spanning 19 stories and is conveniently located near restaurants, shopping, entertainment, Big Kahuna's Water Park, Destin Harbor, and all that the Emerald Coast has to offer. Whether you're searching for a proven income-producing property, vacation getaway, or both, Unit 415 delivers the perfect combination of location, amenities, Gulf views, and rental potential.
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
N/A
Year Built
1998
Stories
19
Living Area
924 sq ft
Days on Market
23
MLS® Listing#
1005370
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Laundry
Lot Features
Construction
Community
Utilities
Sewer
Water Source
Rooms
- Bedroom10 x 9First
- Kitchen10 x 9First
- Living Room19.6 x 16First
- Master Bedroom12 x 11First
Schools
- Elementary:
- Destin
- Middle:
- Destin
- High:
- Destin
Financial Details
HOA
$995 / Monthly
Annual Taxes
$6,315
Tax year 2025
Parcel Number
00-2S-22-2033-0004-4150
Directions
Turn south off Hwy 98 into Pelican Beach Resort, follow the road to the end where the resort sits. Across from Big Kahunas.
Affordability Calculator
$127,000
Estimated monthly payment
$3,380/mo
Principal $508,000 · Est. interest $708,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Destin, FL
- $639,560
- Median Listing Price
- 115
- Median Days on Market
- 1,500
- Median Sq Ft
- $460
- Median Price / Sq Ft
- 708
- Active Listings
- This home’s price is 1% below the area median.
- Its price per sq ft is 49% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Destin, FL.
Location
Points of Interest in Destin, FL
Showing the Destin area map.
Nearby Schools
Asheford Institute of Antiques
School · 0.9 mi away
Destin Elementary School
Elementary · 1.5 mi away
Destin High School
Secondary · 1.9 mi away
Destin Middle School
Secondary · 3.1 mi away
Eglin Elementary School
Elementary · 7.0 mi away
Gateway Academy
School · 7.2 mi away
Shalimar Elementary School
Elementary · 7.4 mi away
Addie R Lewis School
Elementary · 7.5 mi away
Meigs Middle School
Secondary · 7.7 mi away
Ami Kids Emerald Coast
School · 7.7 mi away
Elliott Point Elementary School
Elementary · 7.7 mi away
Bluewater Elementary School
Elementary · 8.0 mi away
Niceville Head Start
School · 8.0 mi away
Okaloosa County School District
School · 8.0 mi away
Longwood Elementary School
Elementary · 8.5 mi away
Cinco Christian School
School · 8.6 mi away
Emeralds Coast Christian School
Secondary · 8.7 mi away
Saint Mary Catholic School
Elementary · 8.8 mi away
Emerald Coast Autism Center
School · 8.8 mi away
St. Paul Lutheran Church and School of Niceville
School · 8.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3100 Scenic Hwy 98 UNIT 122, Destin, FL | $445,000 | 1 | 1 | 484 |
| 940 E Highway 98 32, Destin, FL | $445,000 | 3 | 3 | 1,289 |
| 3100 Scenic Highway 98 UNIT 121, Destin, FL | $445,000 | 1 | 1 | 484 |
| 502 Gulf Shore Drive 715, Destin, FL | $445,000 | 2 | 2 | 987 |
| 940 E Highway 98 UNIT 33, Destin, FL | $447,000 | 3 | 3 | 1,289 |
| 73 Shirah Street 109, Destin, FL | $448,000 | 1 | 1 | 700 |
Moving Cost Estimate
EXIT Agents in Destin
Listing Courtesy: Keller Williams Realty Destin - 8506542900