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The Terrace at Pelican Beach

The Terrace at Pelican Beach

The Terrace at Pelican Beach
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

970 Highway 98 E
Destin, FL 32541-2836
95 Units
16 Stories
1999 Year Built
$447K - $1.1M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Lake Front
  • Destin Elementary School Rated A-
  • Beach
  • Fitness Center
  • Gulf View
  • Gated Community

Coastal living in the heart of Destin

The Terrace at Pelican Beach stands as a 16-story condominium complex in Destin, Florida, offering a blend of comfort and coastal charm. Completed in 1999, this 95-unit development provides residents with stunning views of the Gulf of Mexico and the surrounding area. Situated along the coveted Highway 98, The Terrace at Pelican Beach combines the allure of beachfront living with the convenience of a central location, making it an attractive option for both permanent residents and vacation homeowners.

Spacious units with Gulf and city views

The Terrace at Pelican Beach offers a range of floor plans to suit various needs and preferences. The condominium features 2 to 3-bedroom layouts, with sizes ranging from 1,072 to 2,154 square feet. Two-bedroom units, spanning 1,072 to 1,240 square feet, come with two bathrooms and are priced from $475,000 to $562,464. These units typically feature open floor plans with spacious living areas that flow seamlessly into dining spaces and kitchens. Many units boast floor-to-ceiling windows and doors, providing abundant natural light and access to private balconies where residents can enjoy Gulf views and warm sea breezes. For those requiring more space, three-bedroom units range from 1,240 to 2,154 square feet, with two to four bathrooms, and are priced from $550,000 to $670,000. These larger units often include master suites with private balcony access, offering the perfect spot for morning coffee or evening relaxation. Throughout the building, units showcase a variety of upscale features. Many have been recently updated with modern finishes such as quartz countertops, stainless steel appliances, and elegant tile or wood-look flooring. Kitchens in some units feature white shaker cabinets, glass tile backsplashes, and breakfast bars, ideal for casual dining or entertaining. Most units come fully furnished, making them turn-key ready for immediate occupancy or rental purposes. Large, private balconies are a standout feature, offering panoramic views of the Gulf, Destin Harbor, and the city skyline. Select units on higher floors provide particularly impressive vistas, including breathtaking sunset views over the water. Storage is ample in most units, with many featuring walk-in closets and dedicated owner's closets. Stackable washers and dryers are typically included for added convenience. Some units also offer unique features like wet bars or bunk areas, maximizing space and functionality. Monthly HOA fees range from $800 to $1,100, covering a comprehensive list of services including accounting, ground keeping, insurance, internet service, land recreation, master services, recreational facilities, security, sewer, water, cable TV, and trash removal. This all-inclusive fee structure ensures residents can enjoy a worry-free lifestyle in this beachfront community.

Resort-inspired amenities steps from the beach

The Terrace at Pelican Beach offers an impressive array of amenities designed to enhance the coastal living experience. The property boasts four pools, including two that are heated during winter months, providing year-round swimming options. A large, 114-foot zero-entry pool located right on the beach is a standout feature, complemented by a 12-seat spa for ultimate relaxation. For those seeking active pursuits, the complex offers tennis and pickleball courts, as well as a well-equipped exercise room. After a workout, residents can unwind in the sauna or steam room. A game room provides additional entertainment options for all ages. Beach lovers will appreciate the deeded beach access, complete with a convenient boardwalk leading directly to the sugar-white sands. During peak seasons, a complimentary tram service is available for those who prefer not to walk. The property's amenities extend to include two hot tubs, perfect for soaking after a day at the beach or a workout. Outdoor grills are available for residents who enjoy al fresco cooking and dining. Convenience is key at The Terrace, with an on-site market and cafe catering to everyday needs. The beachside tiki bar serves up refreshing drinks and light fare, adding to the resort-like atmosphere. Security is a priority, with 24-hour personnel on duty and undercover parking provided for residents. Conference facilities are available for those who need to mix business with pleasure. One of the unique aspects of The Terrace is its cross-easement agreement with the neighboring Pelican Beach Resort, allowing residents access to additional amenities such as beach service and rentals. This arrangement effectively doubles the available facilities, ensuring that residents have a wealth of options at their fingertips.

Vibrant coastal community with endless entertainment

The Terrace at Pelican Beach enjoys a prime location in the heart of Destin, a city renowned for its stunning beaches and vibrant atmosphere. The neighborhood offers a perfect blend of natural beauty and urban convenience, catering to a wide range of interests and lifestyles. Just across the street from the condominium is Big Kahuna's Water Park, a popular attraction offering thrilling water slides and family-friendly entertainment. This proximity makes The Terrace an excellent choice for families with children or those who enjoy easy access to leisure activities. The Destin Harbor, known for its top-notch dining, nightlife, and shopping along the Harborwalk, is just a short drive away. This bustling area is the perfect spot for an evening out, offering everything from casual seafood eateries to upscale restaurants and boutique shops. For everyday needs, residents have several convenient options. A Winn-Dixie grocery store is about a 10-minute walk away, while Target is approximately a 15-minute walk, offering both groceries and general merchandise. The Fresh Market, an upscale grocery store, is a short drive away for those seeking gourmet and specialty items. Coffee enthusiasts will appreciate Capriccio Cafe, a stylish spot serving imported Italian coffee, located just a 10-minute walk from the condominium. For quick bites, several fast-food options are within walking distance, including Chick-fil-A, Jersey Mike's Subs, and McDonald's. Outdoor enthusiasts will find plenty to enjoy in the area. Destin Dog Park, an expansive off-leash area with separate sections for large and small dogs, is about a 25-minute walk away. Destin Children's Park, offering playgrounds and green spaces, is located at a similar distance. For those interested in staying active, several fitness options are available nearby. Destin Athletic Club and Rock Out Climbing Gym are both within a 15-20 minute walk, offering diverse workout options. Shopping opportunities abound in the area. Shoreline Village Mall is a mere 10-minute walk away, while other options like Bealls Florida and Island Palm Shoppes are a short drive from the condominium. The neighborhood is also home to well-regarded schools. Destin Elementary School and Destin Middle School are both within a 10-minute drive, while Fort Walton Beach High School is about 20 minutes away by car. Overall, the neighborhood surrounding The Terrace at Pelican Beach offers a dynamic mix of beach town charm and modern conveniences, making it an attractive location for a diverse range of residents and visitors.

Convenient access with a focus on driving

Transportation options around The Terrace at Pelican Beach primarily cater to those with personal vehicles, reflecting the car-centric nature of the area. However, there are some public transit options available for those who prefer not to drive. The Pelican Beach Resort bus stop, served by Route 32, is conveniently located about a 5-minute walk from the condominium. This provides a basic level of public transportation access for residents. For those needing additional routes, the 98 Palms Plaza bus stop is approximately a 10-minute walk away and is served by both Route 30 and Route 32, offering slightly more flexibility in public transit options. While the area is somewhat bikeable, with a few dedicated lanes and trails, it's not the primary mode of transportation for most residents. The relatively flat terrain does make casual biking feasible for short trips or leisure rides along the coast. For air travel, the nearest airport is Eglin AFB/Destin-Fort Walton Beach, located about 19 miles away or a 45-minute drive. This proximity makes The Terrace at Pelican Beach a convenient option for those who frequently travel or have out-of-town visitors. The condominium's location on Highway 98 provides easy access to other parts of Destin and neighboring communities. This major thoroughfare connects residents to shopping centers, dining options, and attractions throughout the area. For residents with electric vehicles, the property offers on-site charging stations, reflecting a growing trend towards eco-friendly transportation options. While the area is primarily designed for car travel, the central location of The Terrace at Pelican Beach means that many attractions, restaurants, and shops are within a short drive. This blend of car-dependency with nearby amenities strikes a balance that many residents find convenient for their lifestyle needs.

Available Condos

No units matching this criteria are available right now.

Building Details

Views

  • Gulf
  • Lake

Recreation

  • Beach
  • Outdoor Tennis Courts
  • Fitness Center
  • Community Pool

Outdoor Features

  • Lake Front
  • Community Barbecue Grill
  • Picnic Area

Amenities

  • Sauna
  • Game Room
  • Recreation Room
  • Resident Manager or Management On Site
  • Gated Community

Condo Association

  • $1,053 Monthly HOA Fees
  • Monthly HOA Fees Range from $910 - $1,376
  • Association fees include accounting, ground keeping, insurance, management, recreational faclty, sewer, cable TV, trash
  • Terrace At Pelican Beach Subdivision

Building Design

  • 98 Buildings
  • Elevator

Unit Features

  • Exterior Washer Dryer Hookup
  • Balcony

Unit Information

Beds
3 Beds
2 Beds
3 Beds
2 Beds
2 Beds
2 Beds
2 Beds
2 Beds
Baths
3 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
Sq Ft
1,400
1,072
1,240
1,072
1,072
1,072
1,072
1,070
Price
$658,000
$435,000
$599,000
$450,000
$449,000
$429,000
$485,000
$485,000
Price / Sq Ft
$470 / Sq Ft
$406 / Sq Ft
$483 / Sq Ft
$420 / Sq Ft
$419 / Sq Ft
$400 / Sq Ft
$452 / Sq Ft
$453 / Sq Ft
List Date
05/30/2024
03/09/2025
08/07/2024
05/28/2024
01/08/2025
12/31/2024
04/02/2025
10/04/2024

Unit Size and Value Ranges

2 Bedroom Units
Sq Ft Range
1,070 - 1,240
Est. Values
$447,300 - $641,784
3 Bedroom Units
Sq Ft Range
1,240 - 2,154
Est. Values
$533,883 - $1,120,877

Map

Area Factors

Somewhat Bikeable

Bike Score®

48 / 100

Car-Dependent

Walk Score®

49 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

73 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$257K - $900K
Range of Taxes in Building
$1,896 - $7,889
Range of Taxes per Sq Ft
$1.77 - $5.08

Property Tax History

Source: Public Records

Building Website

Building Team

Architect
Horizon Design LLC
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.