3 months on rocket

506 Gulf Shore Dr Unit 411, Destin, FL, 32541

$694,500

Home List Price

$8,247*

Closing Credit

2 Bedrooms
2 Full Baths
1,362 SqFt
$510/SqFt
Condo

Location

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506 Gulf Shore Dr Unit 411, Destin$694,500

Buyer Closing Credits

$8,247*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage, Covered
Attached GarageYes
Year Built1982
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontOther, Gulf, Sandy Shoreline
ViewHarbor, Gulf
MLS #958652
StatusActive

About 506 Gulf Shore Dr Unit 411

*SELLER OFFERING $10,000 CREDIT* Welcome to Inlet Reef Club, a gulf front condominium located in the heart of Destin on the beautiful beaches of Holiday Isle. This stunning 4th-floor condo offers the perfect blend of luxury & comfort. The unparalleled views and direct access to the balcony from both the living area and the master bedroom, offer the perfect vantage point to enjoy the sunsets. This fully furnished, 2-bedroom, 2-bathroom condo is an income producing turn key rental providing ample space for relaxation and entertainment for its owners and guests. Youll love the beautifully appointed living space, complete with stylish furnishings and all the comforts of coastal living. The open-concept design ensures a seamless flow between the living, dining, and kitchen areas. Th beautiful updated kitchen featcustom cabinetry, stainless steel appliances, elegant quartz counters, and recessed lighting. The master bath has been thoughtfully renovated with quartz counters, double sinks, a seated vanity, a spacious tile shower. Inlet Reefs amenities include a large gulf-front pool, lighted tennis courts, pickleball courts, workout facility, shuffleboard, sauna, jaccuzi & grilling area. With private beach access, you can easily spend your days lounging on the powdered white sand beach with beach chair service or take a refreshing dip in the crystal-clear waters of the Gulf of Mexico. This Gulf front condo at Inlet Reef Club is your gateway to coastal living! Dont miss your chance to own a piece of paradise in Destin!

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1982
  • Living Area: 1,362 SqFt

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Cassandra L DeJulio

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Refrigerator, Ice Maker, Electric Oven, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Built-in Bookshelves, Ceiling Crown Molding, Recessed Lighting, Owners Closet, Pantry, Renovated, Split Bedroom, Mirrored Walls, Washer/Dryer Hookups, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage, Covered

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), 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: $694,500
  • Price Per SqFt: $510/SqFt

HOA Fees:

  • Amount: $2457
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $4,260
  • 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

$627.3K

Med. Price/SqFt

$380

Avg. Days On Market

117

# of Sold Homes

36

506 Gulf Shore Dr Unit 411 vs Destin

103 DAYS ON ROCKET

-14 Days

$694,500

+$67.1K More

$510/SqFt

+$130 More

KEY TAKEAWAY

This property is $67.1K more than the Median Sold Price and $130/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: #958652

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Cassandra L DeJulio

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: 12/18/2024, 10:21:08 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$4,260$340,500
2018$2,977$269,472
2017$2,961$263,929

History based on county public records data.

Payment Calculator

$4,353

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,149

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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-113283
7
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.26 miles

  • Public District Grades PK-4

school-card-donut-113284
5
/10

  • Elliott Point Elementary School

  • 301 Hughes St NE

  • 6.38 miles

  • Public District Grades PK-5

school-card-donut-113285
4
/10

  • Shalimar Elementary School

  • 1350 Joe Martin Cir

  • 6.38 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. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Gulf Shore Dr Unit 411

What is the listing price of this property?

The listing price of 506 Gulf Shore Dr Unit 411 property is $694,500.

What type of property is this?

The property 506 Gulf Shore Dr Unit 411 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 506 Gulf Shore Dr Unit 411 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 $4,260 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 Gulf Shore Dr Unit 411 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 506 Gulf Shore Dr Unit 411 is 1,362 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Gulf Shore Dr Unit 411 is 1982.

Rocket Homes›Florida›Okaloosa County›Destin›32541›506 Gulf Shore Dr Unit 411

This home is located at 506 Gulf Shore Dr Unit 411 in Destin, FL and zip code 32541. This 1,362 square foot home was built in 1982. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $694,500.

While more than 0 listings in Destin, FL in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 31 were sold below. Between October 2024 and November 2024, Destin, FL real estate market has seen increase in the number of listings by 4.6%. In November 2024, listings were on the market for 117 days. During the same period, the median list price in this real estate market was $627,355.

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

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