Updated Gulf View
For Sale
$550,000
1002 E Highway 98 #UNIT 810, Destin, FL 32541
Updated 1BR condo with hall bunks and unobstructed Gulf views.
Property Size775 SF
Days on Market418
Property Features for 1002 E Highway 98 #UNIT 810
General Information
Standard status
Active
Size
775 SF
Property subtype
Condominium
Amenities
Cable Ready
Central
Central Air
Ceiling Fans
Dishwasher
Dryer
Microwave
Oven Self Cleaning
Refrigerator
Refrigerator W/IceMk
Stove/Oven Electric
Trash Compactor
Washer
Water Heater - Elect
Deck, Water Front, Community Water, Electric, Public Water, TV Cable
Building Details
Building Size
775 SF
Year Built
1998
Stories
20
Listing Agency:
Destin
(850) 217-7618
Listed By:
John Moran · License #SL
(850) 217-7618
Source:
Kw
Added: Jul 11, 2025
Changed: Aug 8
Last Checked: Aug 31 at 1:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Destin
Investment Insights
Based on property information with market context.
This updated 1-bedroom condo at Pelican Beach Resort features hall bunks and unobstructed views of the Gulf of Mexico. Units like this can gross over $80,000 annually due to the hall bunks, sleeping like a 2-bedroom without the added price tag or higher HOA fees. The Structural Integrity Reserve Study (SIRS) is complete, there are no Milestone Inspection issues, and the building is financially strong and well-maintained. Stylish interior updates make this condo turn-key ready for personal use or immediate vacation rental income. Pelican Beach Resort is a popular Gulf-front destination, with amenities such as three swimming pools, including a new Gulf-front infinity pool, an indoor/outdoor swim-through pool, and a kiddie pool. Additional amenities include a tennis court, a fitness center with a hot and dry sauna, a tiki bar with food and drink service on the sand, an onsite café, and private beach access. Onsite rental management is available, or owners can bring their own manager or self-manage. The layout, location, and amenities drive strong rental demand, making it suitable for a second home or a short-term rental investment.
Key Highlights
- High Rental Income Potential: Gross $80,000+ annually due to bunk layout.
- Unobstructed Gulf Views: Offers desirable views of the Gulf of Mexico.
- Resort Amenities: Access to 3 pools, tennis, gym, sauna, tiki bar, cafe, and private beach access.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
Explore this area
Business Placement
Demographics for 32541, FL
18,419
Population
16,390
Households
1.1
Avg Household Size
45
Median Age
48%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
1,462
Density / Sq Mi
$93,004
Median Household Income
$47,991
Median Earnings
$1,976
Median Rent
$498,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Updated 1BR condo with hall bunks and unobstructed Gulf views.
Where is this short term rental property located?
The property is located at 1002 E Highway 98 #UNIT 810 Destin, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: High Rental Income Potential: Gross $80,000+ annually due to bunk layout.; Unobstructed Gulf Views: Offers desirable views of the Gulf of Mexico.; Resort Amenities: Access to 3 pools, tennis, gym, sauna, tiki bar, cafe, and private beach access.
