3 months on rocket

500 Gulf Shore Dr Unit 616B, Destin, FL, 32541

$615,000

Home List Price

$7,303*

Closing Credit

2 Bedrooms
2 Full Baths
1,030 SqFt
$597/SqFt
Condo
Schools Nearby

Location

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500 Gulf Shore Dr Unit 616B, Destin$615,000

Buyer Closing Credits

$7,303*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1977
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontGulf
ViewGulf
MLS #942358
StatusActive

About 500 Gulf Shore Dr Unit 616B

This 6th floor beauty is an Income-producing condo on the Jetty East rental program. 2022 gross income was $61,000, 2023 gross income was $66,000. This lovely, updated 2 bedroom, 2 bathroom condo is being sold fully furnished. Gorgeous views of the East Pass and the Gulf of Mexico. Spa-like bathrooms and granite throughout bathrooms and kitchen give an updated feel. Kitchen has stainless appliances, double sink, backsplash and custom cabinets. In unit laundry for convenience. Details such as built in USB receptacles offer convenience and ease when staying away from home. Tile floors throughout and no carpet. Hot water heater has been replaced as well. Jetty East Amenities include a 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, owners meeting room and of course 900 feet of Sugar White Sand! There is 24 hour security in place as well.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: HomeSmart Sunshine Realty
  • Office Email: joy@homesmartsunshine.com
  • Listing Agent: Amy B Timko

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Ice Maker, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Ceiling Crown Molding, Kitchen Island, Lock Out, Owners Closet, Renovated, Washer/Dryer Hookups

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony, BBQ Pit/Grill, Pavillion/Gazebo, Pool - Heated, Pool - In-Ground, Tennis Court

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), 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: Hwy 98 to Gulf Shore Drive (Holiday Isle) Jetty East is down on the right side between Inlet Reef and Islander

Price Information

Listing Price Info

Price Summary:

  • List Price: $615,000
  • Price Per SqFt: $597/SqFt

HOA Fees:

  • Amount: $3349
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $3,172
  • Tax Year: 2020
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Housing Market Comparison

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

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Destin, FL

City

Med. Sold Price

$658.1K

Med. Price/SqFt

$408

Avg. Days On Market

85

# of Sold Homes

48

500 Gulf Shore Dr Unit 616B vs Destin

94 DAYS ON ROCKET

+9 Days

$615,000

-$43.1K Less

$597/SqFt

+$189 More

KEY TAKEAWAY

This property is $43.1K less than the Median Sold Price and $189/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: #942358

Listing Office:

  • Office Name: HomeSmart Sunshine Realty
  • Office Email: joy@homesmartsunshine.com
  • Listing Agent: Amy B Timko

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: 5/19/2024, 4:20:38 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

Nov 17, 2014Home Sold
$270,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,172$260,000
2018$2,760$215,000
2017$3,019$231,000

History based on county public records data.

Payment Calculator

$4,253

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,910

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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-3844184
8
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.37 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3844185
7
/10

  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 4.75 miles

  • Public District Grades 5-8

school-card-donut-3844186
10
/10

  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 6.31 miles

  • Public District Grades 3-8

High School

school-card-donut-3844187
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. Most Destin, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Gulf Shore Dr Unit 616B

What is the listing price of this property?

The listing price of 500 Gulf Shore Dr Unit 616B property is $615,000.

What type of property is this?

The property 500 Gulf Shore Dr Unit 616B is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 500 Gulf Shore Dr Unit 616B 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 616B 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 $3,172 (source: MLS/based on county public records data).

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

The last sale was on November 17, 2014 for $270,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 Gulf Shore Dr Unit 616B has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Gulf Shore Dr Unit 616B is 1,030 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Gulf Shore Dr Unit 616B is 1977.

Rocket Homes›Florida›Okaloosa County›Destin›32541›500 Gulf Shore Dr Unit 616B

This home is located at 500 Gulf Shore Dr Unit 616B 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 February 15, 2024 and is currently priced at $615,000.

Destin, FL housing market in April 2024 saw over 7 listings sold above listed price, more than 7 sold at listed price and over 34 sold below. The number of listings in Destin, FL increased by 5.2% between March 2024 and April 2024. While the average time on the market in April 2024 was 85 days, the median list price was $658,185.

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

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