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Over $44,707 in rental income as of 10/01/26! Turn-key investment opportunity with Gulf views at Pelican Beach Resort! 6.125% 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.

Highlights

  • Residential
  • Condominium
  • Built in 1998
  • $995/mo HOA
  • Waterfront
  • 152 days on Market

  • Bedrooms
    2
  • Bathrooms
    2
  • Year Built
    1998
  • Stories
    19.0
  • Architectural Style
    N/A
  • Construction Materials
    Concrete
  • Interior Features
    Breakfast Bar
  • Appliances
    Dryer, Dishwasher, Electric Water Heater, Microwave, Washer, Disposal, Electric Oven
  • Flooring
    Tile
  • Furnished
    Furnished
  • Exterior Features
    Balcony, Tennis Court(s), Outdoor Shower
  • Pool Features
    Heated
  • Cooling
    Central Air, Electric
  • Heating
    Electric, Central

  • Lot Features
    Waterfront
  • Water Front
    Yes
  • Utilities
    Cable Available
  • Water
    Public

  • Area
    14 - Destin
  • County
    Okaloosa
  • City
    Destin
  • Neighborhood
    PELICAN BEACH RESORT CONDO
  • Zip Code
    32541
  • High School
    Destin
  • Middle School
    Destin
  • Elementary School
    Destin

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Frequently Asked Questions

How do I schedule a tour of 1002 E Highway 98 415?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1002 E Highway 98 415.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1002 E Highway 98 415?

Click Ask a Question to talk with our team. You already know it is a 2 bed, 2 bath, listed for $615,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Destin, and can even get you in to see the property quickly.

How do I get a virtual tour of 1002 E Highway 98 415?

Yes! A virtual tour is available for 1002 E Highway 98 415. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 1002 E Highway 98 415?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1002 E Highway 98 415 at around $4,026. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1002 E Highway 98 415?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Okaloosa County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1002 E Highway 98 415?

In most cases, yes. Whether 1002 E Highway 98 415 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Destin's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1002 E Highway 98 415?

We can handle that for you. Our preferred local agent specializes in residentials in Destin and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $615,000 with 924 sqft of space—that comes out to approximately $666 per square foot.

How long has this property been on the market?

1002 E Highway 98 415 was listed on June 12, 2026, which means it's been on the market for 152 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1998, making it approximately 28 years old.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Destin
  • Middle: Destin
  • High: Destin

Want to see how these schools compare? Check out our Okaloosa County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 1002 E Highway 98 415?

The most recent public record shows annual property taxes for 1002 E Highway 98 415 were approximately $6,315. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $995 paid monthly.

Is 1002 E Highway 98 415 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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