1 month on rocket

506 Gulf Shore Dr Unit 117, Destin, FL, 32541

$725,000

Home List Price

$8,609*

Closing Credit

2 Bedrooms
2 Full Baths
1,362 SqFt
$532/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

506 Gulf Shore Dr Unit 117, Destin$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingGarage, Boat, Carport Detached, Covered, Guest, Oversized
Year Built1982
HeatingCentral
CoolingCentral Air
WaterfrontOther, Gulf
FireplaceFireplace
ViewGulf
MLS #944902
StatusActive

About 506 Gulf Shore Dr Unit 117

Completely remodeled TOP TO BOTTOM! This Spacious & TOTALLY transformed property now boast 2 bedrooms AND AN ADDITIONAL ENCLOSED BUNK ROOM! New redesigned kitchen with all new appliances, ice maker & drink refrigerator! Fully remodeled bathrooms w/ new shower, tub, vanity, countertops, lighting & flooring! New light fixtures, washer/dryer, wet bar, electric fireplace & more! Enjoy peaceful Gulf views right from your spacious covered balcony. Top notch amenities; Large gulf-front pool, beach chair service, lighted pickle ball & tennis courts, full gym, covered owners parking guest parking AND BOAT PARKING!! Perfect as a Beautiful Beach get-a-way, full time residential or as a fully furnished turn key rental property. This is a must see, it checks all the boxes! Come see today!

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1982
  • Living Area: 1,362 SqFt

Listing Office:

  • Office Name: 30A Local Real Estate
  • Office Email: jack@30alocal.com
  • Listing Agent: Jacquelyn K Ogle

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Electric Oven, Washer, Wine Cooler
  • Flooring Type: Tile, Carpet
  • Interior: Breakfast Bar, Fireplace, Guest Quarters, Owners Closet, Mirrored Walls, Wet Bar
  • Fireplace: Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Other, Gulf
  • View: Gulf
  • Exterior: Balcony, Patio Covered, Porch Open, Renovated

Parking Information:

  • Attached Garage: No
  • Parking: Garage, Boat, Carport Detached, Covered, Guest, Oversized

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: Turn South off HWY 98 onto Gulf Shore Dr., Inlet Reef is a gated community on the left, about 1.5 miles on Gulf side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $532/SqFt

HOA Fees:

  • Amount: $3563
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $3,890
  • 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.

Med. Sold Price

$667.7K

Med. Price/SqFt

$416

Avg. Days On Market

82

# of Sold Homes

52

506 Gulf Shore Dr Unit 117 vs Destin

42 DAYS ON ROCKET

-40 Days

$725,000

+$57.2K More

$532/SqFt

+$115 More

KEY TAKEAWAY

This property is $57.2K more than the Median Sold Price and $115/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: #944902

Listing Office:

  • Office Name: 30A Local Real Estate
  • Office Email: jack@30alocal.com
  • Listing Agent: Jacquelyn K Ogle

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: 4/27/2024, 7:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,890$320,000
2018$3,491$268,950
2017$3,195$244,500

History based on county public records data.

Payment Calculator

$4,873

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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-1525808
8
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.24 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1525809
7
/10
  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 4.61 miles

  • Public District Grades 5-8

school-card-donut-1525810
10
/10
  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 6.41 miles

  • Public District Grades 3-8

High School

school-card-donut-1525811
6
/10
  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 8.70 miles

  • Public District Grades 9-12

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. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Gulf Shore Dr Unit 117

What is the listing price of this property?

The listing price of 506 Gulf Shore Dr Unit 117 property is $725,000.

What type of property is this?

The property 506 Gulf Shore Dr Unit 117 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 506 Gulf Shore Dr Unit 117 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 506 Gulf Shore Dr Unit 117 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 $3,890 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 Gulf Shore Dr Unit 117 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 506 Gulf Shore Dr Unit 117 is 1,362 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Gulf Shore Dr Unit 117 is 1982.

Rocket HomesFloridaOkaloosa CountyDestin32541506 Gulf Shore Dr Unit 117

This home is located at 506 Gulf Shore Dr Unit 117 in Destin, FL and zip code 32541. This 1,362 square foot home was built in 1982. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $725,000.

While more than 3 listings in Destin, FL in March 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 38 were sold below. The inventory of homes for sale in Destin, FL between February 2024 and March 2024 increased by 15.5%. Listings spent 82 days on the market in March 2024, and had a median list price of $667,755 during the same period.

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

More Resources