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Destin · Condo Building

Terrace at Pelican Beach Condos for Sale

A 1999 condominium tower at 970 Highway 98 East in Destin, where the county records 94 residences across fifteen levels numbered up to sixteen with no thirteenth, alongside a single commercial unit, on a parcel that stops about 613 feet short of the Gulf.

Updated

Ask About Terrace at Pelican BeachMarket AnalyticsAll Destin Buildings

1999

Year Built

15

Floors

94

Total Units

No

Gulf Front

Year built, floor and unit figures are as published by the sources cited at the foot of this page. Confirm them against the association's own documents during diligence.

Guest rating

4.8 out of 5

From 2,035 guest reviews on Airbnb and Vrbo

Across 49 rental listings with guest reviews in Terrace at Pelican Beach

  • Airbnb 4.8
  • Vrbo 4.8
See what guests rate

About Terrace at Pelican Beach

The Terrace at Pelican Beach is one building on one parcel, and Okaloosa County's roll describes it more exactly than the name does. Under the legal name The Terrace at Pelican Beach the county carries 95 titled condominium parcels: 94 residences and one commercial unit lettered E, every one of them recording an actual year built of 1999, together with a header record that states the 94 unit figure. They share a single parcel of about 5.03 acres, and the county's building footprint layer maps one structure of roughly 12,700 square feet on it. The county's address points assign each residence a level, and this is where the building gets specific: those numbers run from one to sixteen and no address anywhere in the building is recorded on a thirteenth, which leaves fifteen levels standing beneath a top level labelled sixteen. A number on a door and a height above ground are not the same figure here. Frontage is the claim that needed correcting. Tested against the county's hydrography polygons, no part of the parcel touches or overlaps the Gulf, whose nearest mapped edge sits about 613 feet south, and the Coastal Construction Control Line runs roughly 265 feet seaward without crossing the parcel. The ground in between is the Pelican Beach Resort condominium's own parcel, whose seaward boundary does meet the Gulf and whose landward boundary this parcel shares. Flood mapping runs milder than the address implies: most of the parcel is drawn as Zone X, including the reduced-risk band, with only narrow strips of an AE zone at its edges.

HOA & Fees

What is the HOA fee at Terrace at Pelican Beach?

As of November 11, 2026, the 8 Terrace at Pelican Beach condos for sale that report a fee on the MLS list HOA fees from $1,081 to $1,412 a month, with a median of $1,331 a month. Fees vary with unit size and type, so the fee for a specific residence is the one its listing and the association state.

Based on 8 active MLS listings that report an HOA fee. See the listings

One association, one construction year and one envelope make this a simpler ledger than a phased property, and they also concentrate the risk: a single roof and exterior cycle recorded at 1999 carries all 94 residences. Height turns that into named statutory obligations a buyer can ask about directly. Fifteen levels place this building squarely inside Florida Statutes 553.899, whose milestone structural inspection comes due in the calendar year a condominium building turns thirty, measured from the issuing of its occupancy certificate, and repeats each decade afterward. Ask the association which year that lands on here and what its structural integrity reserve study found, remembering that the appraised construction year a county publishes and the occupancy date a statute counts from are not obliged to match. Under Florida Statutes 718.112, a unit owner controlled association obliged to obtain such a study may no longer vote, in a budget adopted on or after December 31 of 2024, to fund the listed structural items below what the study recommends. Ask as well how the commercial unit sharing the legal name is allocated its share of expenses.

Rental Policy

Short-term rentals: allowed. Confirm the current minimum stay and registration with the association.

County and federal records both place the Terrace at Pelican Beach inside Destin. The city requires a rental registration renewed each year. It allows short-term rentals only in named zoning districts, and its zoning map shows which one covers a parcel. Overnight guest limits follow bedroom count during night hours. The Terrace declaration has not been checked. If the Terrace hosts paying guests, Florida's three-story rule would bring a balcony and railing certificate, refiled every third year. Nothing shows the Terrace runs that way. Get the declaration and district first.

What guests say about staying here

Combined Airbnb and Vrbo ratings for the vacation rentals in Terrace at Pelican Beach.

4.8 out of 5

2,035 reviews across 49 reviewed listings

  • Airbnb 4.8 from 854 reviews on 24 reviewed listings
  • Vrbo 4.8 from 1,181 reviews on 25 reviewed listings

What Airbnb guests rate

  • Cleanliness4.7
  • Accuracy4.8
  • Check-in4.8
  • Communication4.9
  • Location4.9
  • Value4.8

Guests rate the location highest.

These ratings describe the vacation rentals in Terrace at Pelican Beach, not any one unit for sale.

Market data by Key Data · 53 units tracked in Terrace at Pelican Beach · Nov 2025 to Nov 2026

  • One 1999 building on about 5.03 acres
  • 94 residences and one commercial unit on the roll
  • Fifteen levels, numbered up to sixteen with none numbered thirteen
  • 970 Highway 98 East, inside Destin city limits
  • Adjoins the Pelican Beach Resort parcel

Live Inventory

Active Listings at Terrace at Pelican Beach

Price ReducedShort-Term Rental Eligible

$599,000

970 US 98 Unit 407

Destin, FL 32541

3 bd 3 ba 1,400 sqft
NewShort-Term Rental Eligible

$549,900

970 Highway 98 Unit 804

Destin, FL 32541

3 bd 2 ba 1,240 sqft
Price ReducedShort-Term Rental Eligible

$540,000

970 U.S. highway 98 Unit 401

Destin, FL 32541

3 bd 3 ba 1,400 sqft
Short-Term Rental Eligible

$450,000

970 Highway 98 Unit 503

Destin, FL 32541

2 bd 2 ba 1,072 sqft
Price ReducedShort-Term Rental Eligible

$635,000

970 US-98 Unit 1602

Destin, FL 32541

3 bd 2 ba 1,240 sqft
Short-Term Rental Eligible

$625,000

970 US 98 Unit 507

Destin, FL 32541

3 bd 3 ba 1,400 sqft
Price ReducedShort-Term Rental Eligible

$549,000

970 U.S. 98 Unit 101

Destin, FL 32541

3 bd 3 ba 1,400 sqft
Price ReducedShort-Term Rental Eligible

$475,000

970 Highway 98 Unit 1106

Destin, FL 32541

2 bd 2 ba 1,072 sqft

The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.

Building Answers

Terrace at Pelican Beach FAQ

How much is the HOA fee at Terrace at Pelican Beach?

As of November 11, 2026, the 8 Terrace at Pelican Beach condos for sale that report a fee on the MLS list HOA fees from $1,081 to $1,412 a month, with a median of $1,331 a month. Fees vary with unit size and type, so the fee for a specific residence is the one its listing and the association state.

Why do the recorded levels at the Terrace at Pelican Beach skip from twelve to fourteen?

Because the county's address points assign no residence to a thirteenth level. The numbers run one through twelve and then fourteen through sixteen across the 94 residences, a naming convention rather than a gap in the structure, which is why this page counts the building at fifteen levels while its top level is labelled sixteen. It matters when comparing a stated floor here against a stated floor somewhere else, because above the twelfth the label sits one step higher than the level it names.

Does the Terrace at Pelican Beach parcel reach the Gulf?

No. Tested against the county's hydrography polygons, no part of the parcel touches or overlaps the Gulf, whose nearest mapped edge lies about 613 feet south, and the Coastal Construction Control Line passes roughly 265 feet seaward without crossing it. The intervening ground is the Pelican Beach Resort condominium's parcel, whose own boundary does meet the Gulf and which shares a recorded boundary with this one.

What does the county record show about this building's age and size?

Ninety five titled condominium parcels under one legal name, all recording an actual year built of 1999: 94 residences and one commercial unit lettered E. They sit on about 5.03 acres, and the county's footprint layer records just one structure there, roughly 12,700 square feet of it.

Sources

Other Destin Condo Buildings

Destin Communities

Communities in This Market

From our blog

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