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Condo Building Guides, Market Reports, Investment Guides, Destin Real Estate GuidesPublished March 9, 2026
Pelican Beach Resort Condos in Destin Florida
Pelican Beach Resort is one of the most recognizable beachfront condominium communities in Destin, Florida.
Located directly on the Gulf of Mexico near the center of Destin, the property combines direct beach access, resort-style amenities, and strong vacation rental demand.
Because of its location and amenities, Pelican Beach attracts both vacation home buyers and rental property investors looking for a property that can generate income while still providing personal use.
Pelican Beach Condos For Sale
Buyers searching for Pelican Beach Resort are usually looking for condos currently available on the market.
Because Pelican Beach is a large beachfront building with approximately 340 units, there are typically multiple properties listed for sale at any given time.
Prices can vary depending on:
• floor level
• Gulf view quality
• interior updates
• rental income history
• competing listings inside the building
View the latest listings here
Pelican Beach Sales Snapshot
PELICAN BEACH BUILDING EXPERIENCE
| Pelican Beach Condo Sales | 35 |
| Pelican Beach Sales Last 12 Months | 4 |
| Total Building Sales Last 12 Months | 17 |
Sales data based on Emerald Coast MLS and recent market activity.
Pelican Beach Resort Quick Facts
| Property Detail | Information |
|---|---|
| Building Name | Pelican Beach Resort |
| Location | Destin, Florida |
| Address | 1002 Highway 98 East |
| Year Built | 1996 |
| Floors | 19 |
| Total Units | Approximately 340 |
| Building Type | Gulf Front Condo Resort |
| Rental Policy | Short-term rentals allowed |
| Amenities | Pools, tennis courts, fitness center, beach service |
Pelican Beach Resort Building Overview
Pelican Beach is a large beachfront resort community located directly on the Gulf of Mexico.
The building includes approximately 340 condominium units across 19 floors and offers a wide variety of floor plans.
Amenities include:
• Gulf-front swimming pool
• indoor heated pool
• fitness center
• tennis courts
• beach service
• on-site café and market
• gated parking
These resort-style amenities make the property attractive to both vacation guests and second-home owners.
Pelican Beach Condo Prices
Prices for Pelican Beach condos can vary depending on size, view, and interior updates.
In recent years Pelican Beach condos have generally sold within a range of:
approximately $400,000 to $900,000+
Smaller one-bedroom units typically sell toward the lower end of the range, while larger Gulf-front units and updated properties tend to command higher prices.
Market conditions, rental performance, and interior renovations can also influence final sale price.
Why Buyers Consider Pelican Beach
Pelican Beach has remained a popular Destin condo building for several reasons.
Many buyers are attracted to the building because of:
• direct Gulf frontage
• strong vacation rental demand
• resort-style amenities
• convenient location near restaurants and shopping
• proximity to Destin Harbor and local attractions
Because the building offers multiple floor plans and price ranges, buyers can find options ranging from smaller investment condos to larger vacation homes.
Pelican Beach Condo Sales Activity
Pelican Beach is one of the larger condo buildings in Destin, which results in consistent real estate activity each year.
Over the past 12 months there have been 17 condo sales inside Pelican Beach Resort.
| Team / Agent | Units Sold |
|---|---|
| At The Beach Team | 4 |
| Other Realtors | 13 |
While no single agent controls the market inside the building, At The Beach Team represented more Pelican Beach buyers or sellers than any other individual agent or team during the past year.
Long-Term Building Experience
Over the past 10 years, At The Beach Team has been involved in 35 Pelican Beach condo transactions.
This experience inside the building helps provide insight into:
• pricing trends
• buyer demand
• rental performance expectations
• differences between floors and views
Sales data is based on Emerald Coast MLS and recent market activity.
Pelican Beach Rental Income Potential
Pelican Beach is widely considered a vacation rental-friendly building.
Many owners use their property as:
• a second home
• a part-time vacation property
• a rental income investment
Rental performance can vary between units depending on:
• interior updates
• furnishings
• view quality
• rental management strategy
Buyers evaluating Pelican Beach often compare both income potential and long-term property value.
What Buyers Should Know About Pelican Beach
Like many beachfront resort buildings in Destin, Pelican Beach offers strong vacation rental potential but also has characteristics buyers should understand before purchasing.
Things buyers often evaluate include:
• HOA fees and operating costs
• rental competition within the building
• unit updates and furnishings
• rental management strategy
• floor level and view orientation
Because Pelican Beach includes a large number of units, pricing can vary significantly between condos even within the same floor plan.
Understanding these differences is important when evaluating value inside the building.
How We Evaluate Condos in Pelican Beach
When advising sellers inside Pelican Beach, we often run a SaleAbility Review.
This analysis evaluates:
• competing listings inside the building
• recent comparable sales
• buyer demand at different price points
• overall market leverage
The goal is to determine the property’s true competitive position before it goes to market.
👉 Learn more about the SaleAbility System
Pelican Beach and the Destin Condo Market
Individual condo buildings do not operate independently from the broader Destin real estate market.
Factors such as inventory levels, tourism demand, mortgage rates, and operating costs influence buyer behavior across the Emerald Coast.
We track these signals each week in the:
👉The Smart Beach Investor Market Report
Pelican Beach Resort – Frequently Asked Questions
Where is Pelican Beach Resort located?
Pelican Beach Resort is located on the Gulf of Mexico in Destin, Florida along Highway 98 near restaurants, shopping, and the Destin Harbor.
Are Pelican Beach condos good for vacation rentals?
Pelican Beach is widely considered a vacation-rental-friendly building. Many owners use their condos as income-producing properties due to the building’s beachfront location and resort amenities.
When was Pelican Beach Resort built?
Pelican Beach Resort was built in 1996 and includes approximately 340 condominium units across 19 floors.
What amenities does Pelican Beach offer?
Amenities include:
• Gulf-front pool
• indoor pool
• tennis courts
• fitness center
• beach service
• on-site café and market
What affects the value of a Pelican Beach condo?
Several factors can influence value including:
• floor level
• Gulf view quality
• interior updates
• rental income history
• competing listings inside the building
Explore Other Destin Condo Buildings
If you are researching Destin condo buildings, you may also find these guides helpful:
• Sundestin Beach Resort Condos
• Sterling Shores Condos
• Silver Shells Resort Condos
• Majestic Sun Condos
You can also explore the complete directory:
👉 Destin Beachfront Condo Guide
Thinking About Selling a Pelican Beach Condo?
If you own a condo in Pelican Beach and want to better understand your position in today’s market, we can run a quick SaleAbility Review.
This review evaluates:
• your competitive position inside the building
• the most likely buyer profile
• whether current market conditions are helping or hurting your leverage
📞 Call or text 850-654-3325

