Aerial view of Pelican Place T/H West

Pelican Place T/H West
Homes for Sale in Destin, FL

All 610 homes for sale in Destin, FL · median $639,900 · 601 homes for sale in 32541 · Okaloosa County homes for sale

Community in Destin · Okaloosa County · ZIP 32541
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Emerald Coast MLS data22 years of closingsUpdated twice daily

As of October 2026, the MLS records 25 closed sales in Pelican Place T/H West in Destin, FL since 2004, the most recent in October 2024. Across Destin as a whole, 418 homes closed in the last 12 months at a median of $730,000, 99 median days on market, with 314 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $9,410 ($8,900 with the full homestead exemption).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Pelican Place T/H West is a townhome community in Destin, and right now the current MLS snapshot shows no recorded closings in the tracking window. That means there is no live pricing signal to lean on — value here is driven by unit condition, interior updates, and where a specific townhome sits within the community, not by a running comparable trend.

For a buyer, the posture is patient: without recent closings you are negotiating on the merits of the individual unit rather than against a hot comp set. For a seller, it means pricing has to be built carefully from condition and the broader Destin townhome context, because there is no fresh in-community sale to anchor to.

Nearby homes for sale

No active listings inside PELICAN PLACE T/H WEST right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

301 Summit Drive
$600K · 0.1 mi away
4 bd · 3 ba
301 Summit Drive
Listed by Keller Williams Realty Destin
235 Pelican Place #UNIT 20
$385K · 0.1 mi away
2 bd · 2.5 ba
235 Pelican Place #UNIT 20
Listed by EXP Realty LLC
329 Summit Drive
$509K · 0.1 mi away
3 bd · 2 ba
329 Summit Drive
Listed by Coldwell Banker Realty
408 Ridge Wood Circle
$625K · 0.2 mi away
4 bd · 3 ba
408 Ridge Wood Circle
Listed by Elevation Realty Inc
320 Harbor Boulevard #905
$1.23M · 0.2 mi away
2 bd · 3 ba
320 Harbor Boulevard #905
Listed by The Real Estate Market Inc
320 Harbor Boulevard #701
$1.27M · 0.2 mi away
3 bd · 3 ba
320 Harbor Boulevard #701
Listed by The Real Estate Market Inc

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

A townhome enclave in Destin, Okaloosa County, with no community amenities identified from current MLS listings — so the appeal rests on the location and the individual unit rather than shared facilities.

Emerald Coast MLS sales records identify 10 homes in PELICAN PLACE T/H WEST that have changed hands since 2004, built between 1997 and 1998 (median 1998), with a median living area of about 1,426 sq ft and a typical 2-bedroom, 2.5-bath layout; 100% are townhomes. Source: Emerald Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers seeking a Destin townhome who will judge value by the unit's condition and updates
  • Budget-conscious buyers willing to negotiate patiently without a hot comp set pushing the price
  • Long-term holders who prioritize location over a shared-amenity package

Probably not for

  • Buyers who require community amenities such as a pool or clubhouse
  • Buyers who need recent in-community closings to justify an offer
  • Buyers wanting a turnkey, move-fast purchase with no diligence on the specific unit

The market around Pelican Place T/H West

Pelican Place T/H West is too small for its own price trend, so here is the market around it.

In ZIP 32541, 720 homes are on the market and 13% are under contract — a slower corner of Destin.

Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).

In ZIP 32541 (Destin), 790 homes closed in the last 12 months at a median of $730K ($199/sq ft), down 1.9% year over year, with a median 96 days on market. Right now 488 active and 65 pending listings put supply at about 9.0 months — a soft market. See the live ZIP 32541 housing market and the Okaloosa County market.

ZIP and county figures describe the wider market, not Pelican Place T/H West specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in PELICAN PLACE T/H WEST, Destin

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 25 listings
Distress share trend — 0.0% now (2026-09-04 → 2026-09-19)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

If we were buying in Pelican Place T/H West today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Pelican Place T/H West.

Best Buy
Buyers who want a Destin townhome and are comfortable negotiating on condition rather than comps.
Biggest Risk
With no recent closings, there is no live in-community pricing signal to anchor to.
Sweet Spot
A well-updated unit priced from its own condition, not a hoped-for comp.
Avoid If
You need shared amenities or a proven comp trend before you commit.

A condition-driven townhome market

With no closings in the current window and no shared amenities pulled from the listings, this is a community where each townhome stands on its own. Interior updates, layout, and the specific unit's placement will do the heavy lifting on price — there is no amenity package or recent sale carrying the value for you.

The upside of a quiet data picture is room to negotiate on facts you can inspect. The tradeoff is that both sides have to do more homework: study the actual unit, the association details, and the wider Destin townhome context rather than relying on a neat in-community comp.

“

The location and the amenities are priced into every listing in Pelican Place T/H West. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When a community has no recent closings and no amenity story to sell, generic pricing advice fails. We build the case from the unit itself, the association, and the surrounding Destin townhome market — and we will tell you plainly when a specific listing is priced ahead of what its condition supports.

Pelican Place T/H West in 15 seconds.

Best forBuyers who want a Destin townhome and are comfortable negotiating on condition rather than comps.
Biggest advantageA quiet data picture can mean room to negotiate on the merits of the unit.
Biggest riskWith no recent closings, there is no live in-community pricing signal to anchor to.
Sweet spotA well-updated unit priced from its own condition, not a hoped-for comp.
Avoid ifYou need shared amenities or a proven comp trend before you commit.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Pelican Place T/H West homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Pelican Place T/H West.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Pelican Place T/H West sales matched to your home.

What is your Pelican Place T/H West home worth?

Get a no-obligation home value based on real comparable sales in Pelican Place T/H West, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Destin →

Real comps, not an automated estimate.
Buyers seeking a Destin townhome who will judge value by the unit's condition and updatesExcellent fit
Budget-conscious buyers willing to negotiate patiently without a hot comp set pushing the priceExcellent fit
Long-term holders who prioritize location over a shared-amenity packageExcellent fit
Buyers who require community amenities such as a pool or clubhouseProbably not
Buyers who need recent in-community closings to justify an offerProbably not
Buyers wanting a turnkey, move-fast purchase with no diligence on the specific unitProbably not

Data sources & freshness

Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2004 (25 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

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Common questions about Pelican Place T/H West

Where is Pelican Place T/H West?

Pelican Place T/H West is a community in Destin, Okaloosa County, Florida, ZIP 32541.

Are there homes for sale in Pelican Place T/H West right now?

No active listings inside Pelican Place T/H West at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Pelican Place T/H West have an HOA or CDD?

No HOA is on record for Pelican Place T/H West in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Thinking of selling in PELICAN PLACE T/H WEST? See the Okaloosa County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Pelican Place T/H West with Momentum Realty’s local guides.

Beaconview0.1 mi away · 21 homes, built 1978–24, 2 for saleGulf Manor0.2 mi away · 73 homes, built 1972–15Azalea Gardens (Okaloosa)0.2 mi away · 45 homes, built 1974–24Destin Yacht Club0.2 mi away · median $1.20M, 5 sales/12 moRidge Wood Manor0.2 mi away · 114 homes, built 1950–16, 1 for saleEdgewood To0.2 mi away · 73 homes, built 1972–15Etretat Villa0.2 mi away · 42 homes, built 1987–90E(Edgewood (Walton)0.3 mi away

Browse all neighborhood guides →

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The real cost & risk here

Before the list price, the Florida math the portals skip. These are Okaloosa County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,251/mo
Okaloosa County typical true cost to own
$220/mo
Okaloosa County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.