8 months on rocket

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

$465,000

Home List Price

$5,522*

Closing Credit

1 Bedroom
1 Full Bath
750 SqFt
$620/SqFt
Condo

Location

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510 Gulf Shore Dr Unit 117, Destin$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOther
Year Built1975
CoolingCentral Air
WaterfrontGulf
MLS #945099
StatusActive

About 510 Gulf Shore Dr Unit 117

Im excited to introduce this fully remodeled, highly desirable one-bedroom, one-bathroom condominium located on the ground floor at the Holiday Surf and Racquet Resort. Located on Gulf Shore Drive in Destin and directly on the beach, the Holiday Surf and Racquet Club is a well known, gated community. This particular unit is mere steps away from the famous Destin sugar-white sands, with approximately 425 feet of beachfront access. Remarkably, it took me just 30 seconds to stroll from the back patio to the beach, highlighting the unparalleled proximity to the Gulf of Mexico. Moreover, the convenience of parking your vehicle right in front of the unit for easy unloading of beach vacation essentials is a game-changer, saving you from the hassle of elevators and lengthy walks. No expense was spared in the full remodel of this spacious 750 sq ft unit, making it comparable in size to some 2-bedroom condos in the complex. The kitchen boasts new cabinets, countertops, and stainless steel appliances. The bathroom has been tastefully modernized, featuring a sleek walk-in shower, replacing the previous tub. According to local MLS data, since January 2023, only one one-bedroom unit has been sold, underscoring the rarity and demand for these gems. They often rival the performance of some 2-bedroom counterparts. The resorts impeccable maintenance is evident, having passed the citys 25-year milestone inspection with flying colors. All windows and doors have been upgraded to impact glass for enhanced safety and peace of mind. Additionally, it offers one of the lowest HOA fees in Holiday Isle at $680 per month, covering all expenses except for electricity, which has averaged about $87 per month over the past 14 months. The unit has a strong rental history. The future owner can also benefit from the onsite rental management, known for its solid track record of producing strong rental returns. This makes property management effortless for those who prefer a hands-off approach, ensuring everything is handled with expertise and care. Do not hesitate contact me for more details!

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1975
  • Living Area: 750 SqFt

Listing Office:

  • Office Name: Anchor Realty Florida
  • Office Email: olivier@anchorfl.com
  • Listing Agent: Tibor Pollak

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf

Parking Information:

  • Attached Garage: No
  • Parking: Other

Virtual/3D Tour

  • 3D Tour: 510 Gulf Shore Dr Unit 117
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Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $620/SqFt

HOA Fees:

  • Amount: $680
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,440
  • 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

510 Gulf Shore Dr Unit 117 vs Destin

244 DAYS ON ROCKET

+181 Days

$465,000

-$168.2K Less

$620/SqFt

+$236 More

KEY TAKEAWAY

This property is $168.2K less than the Median Sold Price and $236/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: #945099

Listing Office:

  • Office Name: Anchor Realty Florida
  • Office Email: olivier@anchorfl.com
  • Listing Agent: Tibor Pollak

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

Tax History

YEARPROP. TAXASSESSMENT
2020$2,440$195,000
2018$2,054$160,000
2017$2,019$154,500

History based on county public records data.

Payment Calculator

$3,068

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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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-779344
7
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.24 miles

  • Public District Grades PK-4

school-card-donut-779345
9
/10

  • Eglin Elementary School

  • 200 Gaffney Rd

  • 6.44 miles

  • Public District Grades KG-4

school-card-donut-779346
4
/10

  • Shalimar Elementary School

  • 1350 Joe Martin Cir

  • 6.44 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. The most common annual income of people living in Destin, FL is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 510 Gulf Shore Dr Unit 117

What is the listing price of this property?

The listing price of 510 Gulf Shore Dr Unit 117 property is $465,000.

What type of property is this?

The property 510 Gulf Shore Dr Unit 117 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 510 Gulf Shore Dr Unit 117 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 $2,440 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 510 Gulf Shore Dr Unit 117 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 510 Gulf Shore Dr Unit 117 is 750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 510 Gulf Shore Dr Unit 117 is 1975.

Rocket Homes›Florida›Okaloosa County›Destin›32541›510 Gulf Shore Dr Unit 117

This home is located at 510 Gulf Shore Dr Unit 117 in Destin, FL and zip code 32541. This 750 square foot home was built in 1975. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $465,000.

In October 2024 more than 0 listings in Destin, FL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 32 were sold below. The number of homes for sale in Destin, FL increased by 4.8% between September 2024 and October 2024. 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.

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