500 Gulf Shore Dr #519A

Destin, FL 32541 View Map $360,000 Ask a Question
Beds1
Baths1
Sq.Ft.636
Year1977
500 Gulf Shore Dr #519A, Destin, FL 32541 - MLS 919195 Photo 1
500 Gulf Shore Dr #519A, Destin, FL 32541 - MLS 919195 Map
Kim Bauman, P.A.

Kim Bauman, P.A.

(404) 395-4381

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Status: Sold
Property Type:Condominium
MLS #:919195
Sq. Feet:636
Date Sold:7/27/2023
County:Okaloosa
Monthly HOA:$1,116
Here is Destin's best value for a Gulf-front unit offering 10% gross rental returns yearly. It has been professionally inspected and all repairs completed, including a brand new water heater!

Perfectly positioned, this 5th floor unit has breathtaking views of 1 of the largest beaches (900 ft) on Holiday Isle, in this coveted location just around from the East Pass and Destin's Harbor Walk.

It is being offered turn-key and furnished with some newer furniture recently, including a new sofa/sleeper and also has a new refrigerator.

Over the past few years, the JE owners have updated the complex with new hurricane windows and doors, along with a new cooling tower for the unit's ACs.

Jetty East is a lovely, gated property with 24 hour security, with lovely and lush grounds. The amenities include: a 2400 sq. ft. pool with sun deck, hot tub, beach side pavilion with charcoal grills, tennis courts, pickle ball, fitness room, kid's activities, music entertainment, shuffleboard, and an owner's meeting room.

Here you feel like you are a world away from real life, yet you are just a couple of miles to all the conveniences of Destin: shopping, eateries, ice cream shoppes, entertainment venues, and some of the best restaurants the Emerald Coast has to offer.

This condo is perfect for primary, secondary or short-term rental. It did $43,876 in Gross rental revenue in 2022, managed by the onsite mgmt, and this is with the owner blocking several peak weeks for personal use. There are booked rental weeks to convey at a closing IF the buyer desires them through the Jetty East Management.

*Note that with an acceptable offer the Sellers will pay the remaining balance on the current special owner's assessment at closing.

*All listing details are deemed to be correct and accurate, but buyer is responsible for verifying any and all details as needed.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
5/10/2023$439,000$434,000-1.1%
5/31/2023$434,000$425,000-2.1%
6/10/2023$425,000$409,000-3.8%
6/16/2023$409,000$395,000-3.4%
7/5/2023$395,000$370,000-6.3%
7/28/2023$370,000$360,000-2.7%

Community Information

Address:500 Gulf Shore Dr #519A, Destin, FL 32541
Area:Destin
County:Okaloosa
City:Destin
Subdivision/Condo:Jetty East Condo
Zip Code:32541

School Information

High School:Fort Walton Beach
Middle School:Destin
Elementary School:Destin

Architecture

Unit Number:#519A
Bedrooms: 1
Bathrooms: 1
Year Built:1977
Stories:1
Construction Materials: Concrete, Foundation On Piling, Roof Membrane, Stucco
Stories In Building: 6

Features / Amenities

Interior Features: Breakfast Bar, Floor Tile, Furnished - All, Lighting Track, Owner's Closet, Pantry, Renovated, Washer/Dryer Hookup, Window Treatment All
Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
Exterior Features: Balcony, Pavillion/Gazebo, Pool - Heated, Pool - In-Ground, Tennis Court
Pool: Pool Type
Green Energy Efficient: Doors
Parking Features: Covered
Cooling: Central Air
Heating: Central
Total Rooms:3

Rooms

LevelSize
Master BedroomFirst13 X 12
Living RoomFirst15 X 11.5
BalconyFirst9 X 6

Property Features

Waterfront: Gulf, Shore - Beach
View: Gulf
Water View: Gulf
Utilities: Electric, Public Sewer, Public Water, TV Cable
Directions:From HWY 98, turn South onto Gulf Shore Drive (across from Target & McDonald's). Follow Gulf Shore Drive around the curve and through the traffic light for approx. 1.3 miles until you see the sign for Jetty East. It is a gated community with an attendant.

Tax and Financial Info

Buyer Agency Compensation Type: %
Tax Year: 2022
Tax Annual Amount: $2,930.24
Legal Description: APARTMENT NO. 519-A OF JETTY EAST, UNIT 1, A CONDOMINIUM
Association Fee: $3,349 (paid Quarterly)
Association Fee Includes: Accounting, Ground Keeping, Internet Service, Legal, Licenses/Permits, Management, Security, Sewer, Telephone, Water, Cable TV, Trash

Schools

WALKING AND TRANSPORTATION

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Listing Information Last Updated 9/30/2023
Listing provided courtesy of Compass.
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 2023, All rights reserved.

Vendor ID #28307
Property Summary:
Home for sale at .

Description: The home at 500 Gulf Shore Dr #519a Destin, FL 32541 with the MLS Number 919195 is currently listed at $360,000 and has been on the Destin market for 197 days.

GeoCoordinates:
-86.500998
30.383118

List Price: $360,000

You are viewing the MLS property details of the home for sale at 500 Gulf Shore Dr #519a Destin, FL 32541, which includes 1 bedrooms, 1 bathrooms and has approximately 636 sq.ft. of living area.