9 months on rocket

775 Gulf Shore Dr Unit 1053, Destin, FL, 32541

$395,000

Home List Price

$4,691*

Closing Credit

1 Bedroom
1 Full Bath
708 SqFt
$558/SqFt
Condo

Location

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775 Gulf Shore Dr Unit 1053, Destin$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1979
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontCanal
ViewCanal
MLS #945071
StatusActive

About 775 Gulf Shore Dr Unit 1053

MOTIVATED SELLER! Investment Opportunity in Paradise - Canal-Front Living at Its Finest! Experience the allure of coastal living with this charming 1BD/1BA canal-front investment property, boasting 708 sq. ft. of prime real estate. Step onto the extended back deck & immerse yourself in the breathtaking views of Destin Harbors serene waterways, highlighted by stunning sunsets & weekly summer fireworks displays. Enjoy the convenience of fishing & boat docking (by lease) right at your doorstep, making this an ideal retreat for water enthusiasts. Nestled within the popular residential-style resort of Sandpiper Cove, this coveted 1st-floor unit offers sleeping accommodations for 4 & has undergone updates including new HVAC (2023), freshly painted bedroom area, vinyl plank flooring throughout & updated window treatments. The well-equipped kitchen features new appliances, including a refrigerator & microwave, while the spacious owners closet & extended front deck provide ample storage space for all your water toys & bikes. This must-see condo has a proven track record as a smart rental property, with gross rental income potential exceeding $40k annually. Situated on the north side of Sandpiper Cove, residents enjoy easy access to a wealth of amenities including a golf course, pools, tennis courts, pickleball courts, grills & a recreation center. Plus, Sandpipers private beach access is just a short 3-minute stroll away, appealing to both summer & winter guests alike. Sandpiper Cove spans 43 acres along the Gulf of Mexico and Destin Harbor, offering exclusive access to 1100 ft. of sugar sand beachfront with seasonal beach chair service, five pools (including two heated pools), tennis courts, pickleball courts, bocce ball court, shuffleboard, marina facilities, on-site dining options (Louisiana Lagniappe & Ricks Sand Trap Beach Bar), water taxi service & a 9-hole par 3 pitch & putt golf course. With its prime location in downtown Destin, residents are just steps away from additional restaurants, grocery/shopping areas, athletic clubs & other attractions. Dont miss this incredible opportunity to own a piece of paradise in one of Destins most sought-after communities. Schedule your tour today & experience the epitome of coastal living firsthand. All dimensions and information to be verified by the buyer.

Property Details

Property Features

Property Information:

  • Year Built: 1979
  • Living Area: 708 SqFt

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Email: flbrokers@lptrealty.com
  • Listing Agent: Veronica K Johnson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Self Cleaning Oven, Refrigerator, Ice Maker, Electric Oven, Washer
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Newly Painted, Owners Closet, Washer/Dryer Hookups, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Canal
  • View: Canal
  • Exterior: Deck Open

Virtual/3D Tour

  • Virtual Tour: 775 Gulf Shore Dr Unit 1053
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: From 98 in Destin turn South onto Gulf Shore drive, go about a mile, Sandpiper Cove entrance / guard station is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $558/SqFt

HOA Fees:

  • Amount: $2301
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,089
  • 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

775 Gulf Shore Dr Unit 1053 vs Destin

275 DAYS ON ROCKET

+158 Days

$395,000

-$232.3K Less

$558/SqFt

+$178 More

KEY TAKEAWAY

This property is $232.3K less than the Median Sold Price and $178/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: #945071

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Email: flbrokers@lptrealty.com
  • Listing Agent: Veronica K Johnson

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, 7:21:09 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$2,089$175,000
2018$1,756$133,650
2017$1,588$121,500

History based on county public records data.

Payment Calculator

$2,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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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-76599
7
/10

  • Destin Elementary School

  • 630 Kelly St

  • 0.97 miles

  • Public District Grades PK-4

school-card-donut-76600
9
/10

  • Eglin Elementary School

  • 200 Gaffney Rd

  • 6.57 miles

  • Public District Grades KG-4

school-card-donut-76601
4
/10

  • Shalimar Elementary School

  • 1350 Joe Martin Cir

  • 6.85 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 $80,435. Residents of Destin, FL typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 775 Gulf Shore Dr Unit 1053

What is the listing price of this property?

The listing price of 775 Gulf Shore Dr Unit 1053 property is $395,000.

What type of property is this?

The property 775 Gulf Shore Dr Unit 1053 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 775 Gulf Shore Dr Unit 1053 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 $2,089 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 775 Gulf Shore Dr Unit 1053 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 775 Gulf Shore Dr Unit 1053 is 708 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 775 Gulf Shore Dr Unit 1053 is 1979.

Rocket Homes›Florida›Okaloosa County›Destin›32541›775 Gulf Shore Dr Unit 1053

This home is located at 775 Gulf Shore Dr Unit 1053 in Destin, FL and zip code 32541. This 708 square foot home was built in 1979. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $395,000.

In November 2024 more than 0 listings in Destin, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 31 were sold below. The inventory of homes for sale in Destin, FL between October 2024 and November 2024 increased by 4.6%. In November 2024 median list price was $627,355 and the average listing age was 117 days.

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

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