4 months on rocket

500 Gulf Shore Dr Unit 115B, Destin, FL, 32541

$625,000

Home List Price

$7,422*

Closing Credit

2 Bedrooms
2 Full Baths
1,030 SqFt
$607/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

500 Gulf Shore Dr Unit 115B, Destin$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built1977
HeatingCentral
CoolingCentral Air
WaterfrontGulf
ViewGulf
Private PoolYes
MLS #938807
StatusActive

About 500 Gulf Shore Dr Unit 115B

Rare Gulf front 2-bedroom 2 bath condo. Beautifully remodeled 12 months ago. The upgrades have paid off in its 1st year on the rental program. 2023 Gross Rental income of $54,000 12 months ago: all new stainless appliances, new furniture, new mattresses, new décor and rugs 9 months ago: New luxury plank flooring, new double vanity counter tops in the master bathroom, new counter top, cute backsplash and new sink in the kitchen. New sink and counter top in guest bath, new faucets and patio furniture. Custom Shutters 115B is located on the 1st floor which is above the covered parking garage, allowing for great views. Centrally located to the elevator or stairs. The unit features EFCO (category4) sliding glass doors and windows paid for by the seller. (Roughly $30,000) Begin and end each day enjoying spectacular morning views of the Gulf of Mexico. Enjoy evening sunsets and seasonal fireworks from the beach. Great location for shopping, grocery stores and restaurants. Jetty East Amenities: 900 feet of beach, 2400 sq. ft. pool with sun deck, hot tub, beach side pavilion with charcoal grills, tennis courts, pickleball, fitness room, kids activities, music entertainment, shuffleboard, covered parking, Security & meeting room. Financing Note: Jetty is a Non-warrantable/ Condotel. No conventional (government backed Fannie or Freddie) financing.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1977
  • Living Area: 1,030 SqFt

Listing Office:

  • Office Name: East Pass Realty Inc
  • Office Email: wanda@eastpass.com
  • Listing Agent: Carly G St Peter

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Self Cleaning Oven, Refrigerator, Ice Maker, Electric Oven, Washer
  • Flooring Type: Vinyl
  • Interior: Owners Closet, Washer/Dryer Hookups

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony, Hurricane Shutters

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Fort Walton Beach High School, Public District Grades 9-12
  • Destin Middle School, Public District Grades 5-8
  • Northwest Florida Ballet Academie, Public District Grades 3-8
  • Destin Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Hwy 98 turn onto Gulf Shore Drive (Holiday Isle) Look for Jetty East on the Gulf Side

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $607/SqFt

HOA Fees:

  • Amount: $3192
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $3,617
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Destin, FL.

Map thumbnail provided by MapBox

Destin, FL

City

Med. Sold Price

$667.7K

Med. Price/SqFt

$416

Avg. Days On Market

82

# of Sold Homes

52

500 Gulf Shore Dr Unit 115B vs Destin

127 DAYS ON ROCKET

+45 Days

$625,000

-$42.7K Less

$607/SqFt

+$190 More

KEY TAKEAWAY

This property is $42.7K less than the Median Sold Price and $190/SqFt more than other homes in Destin, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #938807

Listing Office:

  • Office Name: East Pass Realty Inc
  • Office Email: wanda@eastpass.com
  • Listing Agent: Carly G St Peter

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 6:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 31, 2012Home Sold
$190,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,617$289,100
2018$3,523$274,400
2017$3,373$258,070

History based on county public records data.

Payment Calculator

$4,251

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2503232
8
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.37 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2503233
7
/10

  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 4.75 miles

  • Public District Grades 5-8

school-card-donut-2503234
10
/10

  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 6.31 miles

  • Public District Grades 3-8

High School

school-card-donut-2503235
6
/10

  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 8.60 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $111,932. Residents of Destin, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Gulf Shore Dr Unit 115B

What is the listing price of this property?

The listing price of 500 Gulf Shore Dr Unit 115B property is $625,000.

What type of property is this?

The property 500 Gulf Shore Dr Unit 115B is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 500 Gulf Shore Dr Unit 115B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 500 Gulf Shore Dr Unit 115B are:
Destin Elementary School: GreatSchools Rating 8/10
Destin Middle School: GreatSchools Rating 7/10
Northwest Florida Ballet Academie: GreatSchools Rating 10/10
Fort Walton Beach High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,617 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 31, 2012 for $190,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 Gulf Shore Dr Unit 115B has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Gulf Shore Dr Unit 115B is 1,030 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Gulf Shore Dr Unit 115B is 1977.

Rocket Homes›Florida›Okaloosa County›Destin›32541›500 Gulf Shore Dr Unit 115B

This home is located at 500 Gulf Shore Dr Unit 115B in Destin, FL and zip code 32541. This 1,030 square foot home was built in 1977. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 23, 2023 and is currently priced at $625,000.

Destin, FL housing market in March 2024 saw over 3 listings sold above listed price, more than 11 sold at listed price and over 38 sold below. In March 2024 in Destin, FL there were 15.5% more homes for sale than in February 2024. In March 2024 median list price was $667,755 and the average listing age was 82 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources