SoldMar 23, 2026

Listed by John Moran from Keller Williams Realty Destin

Bought with Elizaveta Hearns from Brix Realty

Source: Emerald Coast Association of Realtors #992010

UNIT 1912/1002 Highway 98 E, Destin, FL, 32541

$610,000

2
2
924 sq. ft.

Condo

30+ days on the market

Sold: Mar 23, 2026

What's around UNIT 1912/1002 Highway 98 E

About this property

Updated 2BR condo with unobstructed Gulf views at Pelican Beach Resort — a financially strong, well-maintained building with no SIRS or Milestone Inspection issues. In today's condo market, those details matter. Renovated units within the resort, can generate $80K+ in annual gross rental income. NOTE: This unit collected $98,904 in 2023. BONUS UPGRADE: this unit has an extra storage room on the balcony. Recently updated and rental-ready with a remodeled master bath and new furnishings. Pelican Beach Resort offers three pools (including a new Gulf-front infinity pool), fitness center with sauna, tennis, tiki bar, onsite café, and private beach access. A low-risk, high-demand Gulf-front condo that checks the boxes experienced buyers are prioritizing This updated 2-bedroom condo at Pelican Beach Resort offers unobstructed Gulf views and a profile that aligns with what experienced buyers and investors are prioritizing in today's Florida condo market. From a risk and ownership standpoint, the fundamentals matter. Pelican Beach Resort is a financially sound, well-maintained building with its Structural Integrity Reserve Study (SIRS) complete and no Milestone Inspection issues. In a post-Surfside environment, those details are not footnotes  they are decision drivers. Strong associations with completed structural reviews continue to attract financing, buyers, and renters while weaker buildings are increasingly filtered out of the market. The condo itself has recent updates and is truly rental-ready. The master bath has been remodeled, new living room furnishings have been added, and the layout comfortably sleeps six adults. This combination of condition, layout, and location supports both personal use and short-term rental demand without the need for immediate capital improvements. From an income perspective, comparable renovated 2-bedroom units within Pelican Beach Resort can generate $80,000+ in annual gross rental income, depending on owner use and management strategy. The resort's beachfront location, depth of amenities, and repeat-guest appeal drive consistent demand across seasons. Pelican Beach Resort remains one of Destin's most established Gulf-front destinations, offering three swimming pools including a new Gulf-front infinity pool, an indoor/outdoor swim-through pool, and a kiddie pool, along with a fitness center with hot and dry sauna, tennis court, tiki bar, onsite café, and private beach access to Destin's sugar-white sand and emerald waters. For owners, flexibility is a key advantage. Onsite rental management is available for a hands-off approach, while owners may also choose to self-manage or work with a third-party manager. This flexibility, paired with the building's financial strength and the unit's updated condition, is what separates long-term performers from problem properties. Whether you are seeking a second home at the beach, a short-term rental investment, or a blend of both, this condo represents the type of opportunity that holds value through market cycles  a well-located, well-maintained Gulf-front property with clarity around risk, performance, and ownership.

Looking for more information on UNIT 1912/1002 Highway 98 E?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties sold nearby

SoldJul 20, 2026
$758,500
204/520 Gulf Shore Drive
Destin FL 32541
2
2
Condo
Listing courtesy of Emerald Coast Vacation Rentals
SoldJul 17, 2026
$345,000
UNIT 3208/775 Gulf Shore Drive
Destin FL 32541
2
2
Condo
Listing courtesy of Sandpiper Cove Real Estate Inc
SoldJul 17, 2026
$515,000
126/110 Gulf Shore Dr
Destin FL 32541
2
2
3
Condo
Listing courtesy of Keller Williams Realty Destin and Dream Destin Realty PLLC

Other properties sold by Keller Williams Realty Destin

SoldJul 21, 2026
$225,000
58 Cobalt Lane
Miramar Beach FL 32550
Land
Listing courtesy of Keller Williams Realty Destin
SoldJul 20, 2026
$4,300,000
124 Indian Bayou Drive
Destin FL 32541
5
5
8
Single-Family
Listing courtesy of Keller Williams Realty Destin and Engel & Volkers 30A Beaches
SoldJul 17, 2026
$1,000,000
34 Cobalt Lane
Miramar Beach FL 32550
3
4
7
Single-Family
Listing courtesy of Keller Williams Realty Destin and LPT Realty LLC

Browse properties sold in nearby areas

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent