8 months on rocket

500 Gulf Shore Dr Unit 508A, Destin, FL, 32541

$365,000

Home List Price

$4,334*

Closing Credit

1 Bedroom
1 Full Bath
636 SqFt
$574/SqFt
Condo

Location

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500 Gulf Shore Dr Unit 508A, Destin$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered
Year Built1977
HeatingCentral
CoolingCentral Air
WaterfrontGulf
ViewGulf
MLS #944759
StatusActive

About 500 Gulf Shore Dr Unit 508A

Gorgeous Sunset Side 1 bedroom, 1 bath condo on the 5th floor which is the 6th level affording gorgeous views. Kitchen features a unique center island, beautifully decorated living area. New Hot Water Heater Sept 2024 Gross Rental Income 2022 $39,063 and 2023 $41,289. The unit features EFCO (category4) sliding glass doors and windows paid for by the seller. Approximately $13,000 value Begin and end each day enjoying spectacular morning views of the fishing boats in the East Pass, Gulf of Mexico and the most breathtaking evening sunsets and seasonal fireworks. Great location to shopping, grocery store 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, Security & meeting room. Financing: Note: Jetty is a Non-warrantable/ Condotel. No conventional (government backed Fannie or Freddie) financing. Jetty has completed its 2023 Structural Integrity Reserve Study and Milestone Inspection. Special Assessment for Skylight replacement paid in full $11,616. August 2024

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1977
  • Living Area: 636 SqFt

Listing Office:

  • Office Name: East Pass Realty Inc
  • Office Email: wanda@eastpass.com
  • Listing Agent: Carly G St Peter

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Self Cleaning Oven, Refrigerator, Ice Maker, Electric Oven, Washer
  • Flooring Type: Laminate, Tile
  • Interior: Owners Closet, Washer/Dryer Hookups

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony, Hurricane Shutters

Parking Information:

  • Attached Garage: No
  • Parking: Covered

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Hwy 98 turn onto Gulf Shore Drive (Holiday Isle) Look for Jetty East on the Gulf Side

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $574/SqFt

HOA Fees:

  • Amount: $3192
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,125
  • Tax Year: 2020
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Housing Market Comparison

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

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Destin, FL

City

Med. Sold Price

$633.2K

Med. Price/SqFt

$384

Avg. Days On Market

63

# of Sold Homes

35

500 Gulf Shore Dr Unit 508A vs Destin

249 DAYS ON ROCKET

+186 Days

$365,000

-$268.2K Less

$574/SqFt

+$190 More

KEY TAKEAWAY

This property is $268.2K less than the Median Sold Price and $190/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: #944759

Listing Office:

  • Office Name: East Pass Realty Inc
  • Office Email: wanda@eastpass.com
  • Listing Agent: Carly G St Peter

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: 11/18/2024, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 05, 2018Home Sold
$189,857
Jan 12, 2017Home Sold
$169,000
Aug 18, 2004Home Sold
$325,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,125$175,000
2018$1,186$135,033
2017$1,712$131,000

History based on county public records data.

Payment Calculator

$2,953

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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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-741020
7
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.39 miles

  • Public District Grades PK-4

school-card-donut-741021
5
/10

  • Elliott Point Elementary School

  • 301 Hughes St NE

  • 6.30 miles

  • Public District Grades PK-5

school-card-donut-741022
4
/10

  • Shalimar Elementary School

  • 1350 Joe Martin Cir

  • 6.36 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $111,932. Typical income of Destin, FL residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Gulf Shore Dr Unit 508A

What is the listing price of this property?

The listing price of 500 Gulf Shore Dr Unit 508A property is $365,000.

What type of property is this?

The property 500 Gulf Shore Dr Unit 508A is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 500 Gulf Shore Dr Unit 508A 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 $2,125 (source: MLS/based on county public records data).

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

The last sale was on February 5, 2018 for $189,857. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 Gulf Shore Dr Unit 508A has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 500 Gulf Shore Dr Unit 508A is 636 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Gulf Shore Dr Unit 508A is 1977.

Rocket Homes›Florida›Okaloosa County›Destin›32541›500 Gulf Shore Dr Unit 508A

This home is located at 500 Gulf Shore Dr Unit 508A in Destin, FL and zip code 32541. This 636 square foot home was built in 1977. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $365,000.

Over 0 listings were sold over their listed price in October 2024 in Destin, FL. In the same period over 32 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Destin, FL increased by 4.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 63 days, the median list price was $633,205.

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

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