8 months on rocket

500 Gulf Shore Dr Unit 414, Destin, FL, 32541

$939,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
1,776 SqFt
$529/SqFt
Condo

Location

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500 Gulf Shore Dr Unit 414, Destin$939,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1977
CoolingCentral Air
WaterfrontGulf
ViewGulf
MLS #943158
StatusActive

About 500 Gulf Shore Dr Unit 414

REDUCED $100,000! Complete renovation of the condo! Lowest priced 4-bedroom in a beach front building in Destin. This magnificent condo is spacious with fantastic views of the Gulf and the Destin Pass. The condo offers new flooring, paint, kitchen appliances and cabinets, quartz countertops in the kitchen and bathrooms, new fixtures, new televisions, new furniture and so much more. Jetty East is a local and renters favorite and a staple of the Holiday Isle area in Destin. This property will make an excellent vacation rental with projected revenues between $98,000 and $108,000 per year. Big families welcome as this unit can sleep up to 10 people. Jetty East offers tennis courts, a beachside pool, large beachfront cabana for grilling or eating by the beach, pickleball courts and more.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1977
  • Living Area: 1,776 SqFt

Listing Office:

  • Office Name: Southern Luxury Realty
  • Office Email: luis@floridatravelsales.com
  • Listing Agent: Luis F Espinel

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Ice Maker, Electric Oven
  • Flooring Type: Laminate
  • Interior: Beamed Ceilings, Kitchen Island, Newly Painted, Owners Closet, Renovated, Washer/Dryer Hookups, Woodwork Painted

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony, Pavillion/Gazebo, Pool - Above Ground, Pool - In-Ground

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take Gulf Shore Drive South from Highway 98. Proceed for approximately 1.3 miles until you see the sign for Jetty East on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $939,000
  • Price Per SqFt: $529/SqFt

HOA Fees:

  • Amount: $3349
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $5,192
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$633.2K

Med. Price/SqFt

$384

Avg. Days On Market

63

# of Sold Homes

35

500 Gulf Shore Dr Unit 414 vs Destin

269 DAYS ON ROCKET

+206 Days

$939,000

+$305.7K More

$529/SqFt

+$145 More

KEY TAKEAWAY

This property is $305.7K more than the Median Sold Price and $145/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: #943158

Listing Office:

  • Office Name: Southern Luxury Realty
  • Office Email: luis@floridatravelsales.com
  • Listing Agent: Luis F Espinel

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: 11/21/2024, 11:50:55 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$5,192$415,000
2018$4,815$375,000
2017$4,679$358,000

History based on county public records data.

Payment Calculator

$5,870

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,882

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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.

Nearby Schools

school-card-donut-471729
7
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.39 miles

  • Public District Grades PK-4

school-card-donut-471730
5
/10
  • Elliott Point Elementary School

  • 301 Hughes St NE

  • 6.30 miles

  • Public District Grades PK-5

school-card-donut-471731
4
/10
  • Shalimar Elementary School

  • 1350 Joe Martin Cir

  • 6.36 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $111,932. Residents of Destin, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Gulf Shore Dr Unit 414

What is the listing price of this property?

The listing price of 500 Gulf Shore Dr Unit 414 property is $939,000.

What type of property is this?

The property 500 Gulf Shore Dr Unit 414 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 500 Gulf Shore Dr Unit 414 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,192 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 500 Gulf Shore Dr Unit 414 has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Gulf Shore Dr Unit 414 is 1,776 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Gulf Shore Dr Unit 414 is 1977.

Rocket HomesFloridaOkaloosa CountyDestin32541500 Gulf Shore Dr Unit 414

This home is located at 500 Gulf Shore Dr Unit 414 in Destin, FL and zip code 32541. This 1,776 square foot home was built in 1977. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $939,000.

While more than 0 listings in Destin, FL in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 32 were sold below. The inventory of homes for sale in Destin, FL between September 2024 and October 2024 increased by 4.8%. The median list price of listings available in October 2024 was $633,205, while the average time on the real estate market was 63 days.

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

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