1002 E Highway 98 #UNIT 810 Destin, FL 32541

Building Details

Year Built

1998

Listing Agency Destin j***@atthebeachteam.com Show Phone

Listed by John Moran · License #SL Show Phone

Source Kw

Added: Jul 11, 2025 Checked: Jul 17 at 4:58 am

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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.

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FAQs

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.