4 months on rocket

705 Gulf Shore Dr Unit 101, Destin, FL, 32541

$540,000

Home List Price

$6,413*

Closing Credit

2 Bedrooms
2 Full Baths
1,203 SqFt
$449/SqFt
Condo
Schools Nearby

Location

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705 Gulf Shore Dr Unit 101, Destin$540,000

Buyer Closing Credits

$6,413*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1981
MLS #938542
StatusActive

About 705 Gulf Shore Dr Unit 101

Welcome to 705 Gulf Shore Drive, Unit 101 in Destin, a promising investment with similar units in the community reaching $57,000 in annual rental income. This inviting unit offers a comfortable interior, ideal for personal enjoyment and appealing to renters. It boasts access to a community dock, perfect for boating enthusiasts. Situated in a desirable location, this property balances the charm of a beachside retreat with the practicality of a profitable rental, making it an attractive choice for homeowners and investors alike.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1981
  • Living Area: 1,203 SqFt

Listing Office:

  • Office Name: Dream Destin Realty PLLC
  • Office Email: brian@dreamdestin.com
  • Listing Agent: Dustin L Cornwell

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

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 head west on Gulfshore Drive and Destin Sands will be located on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $540,000
  • Price Per SqFt: $449/SqFt

HOA Fees:

  • Amount: $1683
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $3,941
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$658.1K

Med. Price/SqFt

$408

Avg. Days On Market

85

# of Sold Homes

48

705 Gulf Shore Dr Unit 101 vs Destin

138 DAYS ON ROCKET

+53 Days

$540,000

-$118.1K Less

$449/SqFt

+$41 More

KEY TAKEAWAY

This property is $118.1K less than the Median Sold Price and $41/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: #938542

Listing Office:

  • Office Name: Dream Destin Realty PLLC
  • Office Email: brian@dreamdestin.com
  • Listing Agent: Dustin L Cornwell

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: 5/5/2024, 12:50:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 13, 2018Home Sold
$412,500
Oct 13, 2016Home Sold
$366,400
Apr 14, 2016Home Sold
$289,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,941$315,000
2018$3,409$265,550
2017$3,352$256,510

History based on county public records data.

Payment Calculator

$3,324

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,685

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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-6313346
8
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.18 miles

  • Public District Grades PK-4

Middle School

school-card-donut-6313347
7
/10
  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 3.96 miles

  • Public District Grades 5-8

school-card-donut-6313348
10
/10
  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 7.07 miles

  • Public District Grades 3-8

High School

school-card-donut-6313349
6
/10
  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 9.35 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,435. Most Destin, FL residents have annual incomes between $35k-100k. Typical family type 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 705 Gulf Shore Dr Unit 101

What is the listing price of this property?

The listing price of 705 Gulf Shore Dr Unit 101 property is $540,000.

What type of property is this?

The property 705 Gulf Shore Dr Unit 101 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 705 Gulf Shore Dr Unit 101 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 705 Gulf Shore Dr Unit 101 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 $3,941 (source: MLS/based on county public records data).

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

The last sale was on December 13, 2018 for $412,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 705 Gulf Shore Dr Unit 101 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 705 Gulf Shore Dr Unit 101 is 1,203 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 705 Gulf Shore Dr Unit 101 is 1981.

Rocket HomesFloridaOkaloosa CountyDestin32541705 Gulf Shore Dr Unit 101

This home is located at 705 Gulf Shore Dr Unit 101 in Destin, FL and zip code 32541. This 1,203 square foot home was built in 1981. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 18, 2023 and is currently priced at $540,000.

In April 2024, from all listings sold in Destin, FL there were more than 7 sold above asking price, over 34 sold below and more than 7 were sold right at the asked price. The number of homes for sale 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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