500 Gulf Shore Dr Unit 414, Destin, FL, 32541

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500 Gulf Shore Dr Unit 414, Destin$1,029,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium

Year Built1977

CoolingCentral Air

WaterfrontGulf

ViewGulf

MLS #943158

StatusActive

About 500 Gulf Shore Dr Unit 414

Incredible renovation! Lowest priced 4-bedroom in a beach front building in Destin. This magnificent condo is spacious with fantastic views of the Gulf and the Destin Pass. The condo offers new flooring, paint, kitchen appliances and cabinets, quartz countertops in the kitchen and bathrooms, new fixtures, new televisions, new furniture and so much more. Jetty East is a local and renters favorite and a staple of the Holiday Isle area in Destin. This property will make an excellent vacation rental with projected revenues between $98,000 and $108,000 per year. Big families welcome as this unit can sleep up to 12 people. Jetty East offers tennis courts, a beachside pool, large beachfront cabana for grilling or eating by the beach, pickleball courts and more. No pending assessments!

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Property Details

Property Features

Property Information:

• Architectural Style: N/A
• Year Built: 1977
• Living Area: 1,776 SqFt

Listing Office:

• Office Name: Southern Luxury Realty
• Office Email: luis@floridatravelsales.com
• Listing Agent: Luis F Espinel

Interior Features

Interior Information:

• Appliances: Dishwasher, Microwave, Refrigerator, Ice Maker, Electric Oven
• Flooring Type: Laminate
• Interior: Beamed Ceilings, Kitchen Island, Newly Painted, Owners Closet, Renovated, Washer/Dryer Hookups, Woodwork Painted

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Gulf
• View: Gulf
• Exterior: Balcony, Pavillion/Gazebo, Pool - Above Ground, Pool - In-Ground

Utilities

Utilities Information:

• 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: Take Gulf Shore Drive South from Highway 98. Proceed for approximately 1.3 miles until you see the sign for Jetty East on your left.

Price Information

Listing Price Info

Price Summary:

• List Price: $1,029,000
• Price Per SqFt: $579/SqFt

HOA Fees:

• Amount: $3349
• Frequency: Quarterly

Tax Information:

• Annual Amount: $5,192
• Tax Year: 2020

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Housing Market Comparison

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

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 414 vs Destin

61 DAYS ON ROCKET

-21 Days

$1,029,000

+$361.2K More

$579/SqFt

+$162 More

KEY TAKEAWAY

This property is $361.2K more than the Median Sold Price and $162/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: #943158

Listing Office:

• Office Name: Southern Luxury Realty
• Office Email: luis@floridatravelsales.com
• Listing Agent: Luis F Espinel

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: 4/27/2024, 1:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$5,192	$415,000
2018	$4,815	$375,000
2017	$4,679	$358,000

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Okaloosa County›Destin›32541›500 Gulf Shore Dr Unit 414

This home is located at 500 Gulf Shore Dr Unit 414 in Destin, FL and zip code 32541. This 1,776 square foot home was built in 1977. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $1,029,000.

In March 2024 more than 3 listings in Destin, FL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 38 were sold below. Between February 2024 and March 2024, Destin, FL real estate market has seen increase in the number of listings by 15.5%. The median list price of listings available in March 2024 was $667,755, while the average time on the real estate market was 82 days.

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