506 Gulf Shore Dr Unit 117, Destin, FL, 32541

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

506 Gulf Shore Dr Unit 117, Destin$725,000

Buyer Closing Credits

$8,609^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingGarage, Boat, Carport Detached, Covered, Guest, Oversized

Year Built1982

HeatingCentral

CoolingCentral Air

WaterfrontOther, Gulf

FireplaceFireplace

ViewGulf

MLS #944902

StatusActive

About 506 Gulf Shore Dr Unit 117

Completely remodeled TOP TO BOTTOM! This Spacious & TOTALLY transformed property now boast 2 bedrooms AND AN ADDITIONAL ENCLOSED BUNK ROOM! New redesigned kitchen with all new appliances, ice maker & drink refrigerator! Fully remodeled bathrooms w/ new shower, tub, vanity, countertops, lighting & flooring! New light fixtures, washer/dryer, wet bar, electric fireplace & more! Enjoy peaceful Gulf views right from your spacious covered balcony. Top notch amenities; Large gulf-front pool, beach chair service, lighted pickle ball & tennis courts, full gym, covered owners parking guest parking AND BOAT PARKING!! Perfect as a Beautiful Beach get-a-way, full time residential or as a fully furnished turn key rental property. This is a must see, it checks all the boxes! Come see today!

View More

Property Details

Property Features

Property Information:

• Year Built: 1982
• Living Area: 1,362 SqFt

Listing Office:

• Office Name: 30A Local Real Estate
• Office Email: jack@30alocal.com
• Listing Agent: Jacquelyn K Ogle

Interior Features

Interior Information:

• Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Electric Oven, Washer, Wine Cooler
• Flooring Type: Tile, Carpet
• Interior: Breakfast Bar, Fireplace, Guest Quarters, Owners Closet, Mirrored Walls, Wet Bar
• Fireplace: Fireplace

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Other, Gulf
• View: Gulf
• Exterior: Balcony, Patio Covered, Porch Open, Renovated

Parking Information:

• Attached Garage: No
• Parking: Garage, Boat, Carport Detached, Covered, Guest, Oversized

Utilities

Utilities Information:

• Heating: Central
• Cooling: Central Air

Other

Directions Information:

• Directions: Turn South off HWY 98 onto Gulf Shore Dr., Inlet Reef is a gated community on the left, about 1.5 miles on Gulf side.

Price Information

Listing Price Info

Price Summary:

• List Price: $725,000
• Price Per SqFt: $532/SqFt

HOA Fees:

• Amount: $3563
• Frequency: Quarterly

Tax Information:

• Annual Amount: $3,890
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Destin, FL

City

Med. Sold Price

$633.2K

Med. Price/SqFt

$384

Avg. Days On Market

63

# of Sold Homes

35

506 Gulf Shore Dr Unit 117 vs Destin

250 DAYS ON ROCKET

+187 Days

$725,000

+$91.7K More

$532/SqFt

+$148 More

KEY TAKEAWAY

This property is $91.7K more than the Median Sold Price and $148/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: #944902

Listing Office:

• Office Name: 30A Local Real Estate
• Office Email: jack@30alocal.com
• Listing Agent: Jacquelyn K Ogle

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, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$3,890	$320,000
2018	$3,491	$268,950
2017	$3,195	$244,500

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$4,873

Per Month

Principal & Interest

$3,619

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$1,187

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Okaloosa County›Destin›32541›506 Gulf Shore Dr Unit 117

This home is located at 506 Gulf Shore Dr Unit 117 in Destin, FL and zip code 32541. This 1,362 square foot home was built in 1982. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $725,000.

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. Between September 2024 and October 2024, Destin, FL real estate market has seen increase in the number of listings by 4.8%. In October 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $633,205.

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