Back 806/970 Highway 98 E
Off Market

806/970 Highway 98 E

Destin FL 32541

2
2
1072 sq. ft.
Condo
Last sold for $485,000
Kendall HoodKendall Hood, last sold this property on 08 July 2026 after 95 days on market.

Overview

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.

Features

2 bedrooms
2 bathrooms
1072 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Destin over the last 12 months, the estimated median property value of 806/970 Highway 98 E is $443.33k.

Median value
$443.33k
Estimated value range
$107k - $1.42m
Median days on market
110
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Destin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 806/970 Highway 98 E

2026
Sold
$485,000
08 Jul 2026 by Kendall Hood, of Compass

Happy sellers in Destin

88%
88% of sellers in Destin reported that their sale price either exceeded or met their price expectations.

Destin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Destin over the last 12 months.

Local market activity for 2 bedroom condos in Destin

In the last 12 months, 229 two-bedroom condos similar to 806/970 Highway 98 E, have been sold.

This represents a 17% decrease in two-bedroom condos sales when compared to the previous 12 months.

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