500 Gulf Shore Drive #UNIT 516A, Destin, FL 32541
Local realty services provided by:ERA American Real Estate
500 Gulf Shore Drive #UNIT 516A,Destin, FL 32541
$359,900
- 1 Beds
- 1 Baths
- 636 sq. ft.
- Condominium
- Active
Listed by:carly g st peter
Office:east pass realty inc
MLS#:970558
Source:FL_ECAR
Price summary
- Price:$359,900
- Price per sq. ft.:$565.88
About this home
Jetty East is a Gated 6-story midrise with under building parking located on the beautiful sugar sand beach in Destin, Fl. The location is unique as it is located on Holiday Isle (Gulf Shore Drive) which ends at Destin Harbor. It's great for biking or walking. The jetties of the east pass make a great spot to snorkel or fish from the jetties. Jetty East is one of the few condos to offer covered parking. The required Milestone Study and Structural Reserve Study were completed mid-summer. There was an assessment August 1, 2024, for replacing the building sky light and has been completed. Unit 516A is a very light and bright unit with large tile flooring and luxury plank in the bedroom. Granite counter tops in the kitchen with a new refrigerator. Great views from the unit and balcony Gross Rental income ranges from $35000 to $45000.
The unit features EFCO (category4) sliding glass doors and windows paid for by the seller. Approximately $20,000 value. Begin and end each day enjoying spectacular morning views of the Gulf of Mexico. Enjoy evening sunsets and seasonal fireworks from the beach. Great location for shopping, grocery stores (New Publix) and restaurants. Jetty East Amenities: 900 feet of beach, 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, covered parking, 24-hour security. Nice owners room with full kitchen for meetings or parties. Financing Note: Jetty is a Non-warrantable/ Condotel. No conventional (government backed Fannie or Freddie) financing.
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Home facts
- Year built:1977
- Listing ID #:970558
- Added:192 day(s) ago
- Updated:July 01, 2025 at 07:35 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:636 sq. ft.
Structure and exterior
- Year built:1977
- Building area:636 sq. ft.
Schools
- High school:Fort Walton Beach
- Middle school:Destin
- Elementary school:Destin
Utilities
- Water:Public Water
Finances and disclosures
- Price:$359,900
- Price per sq. ft.:$565.88
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