500 Gulf Shore Dr Unit UNIT 516A, Destin, FL 32541

$359,900
1
BD
1
BA
636
SqFt

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List Price
$359,900
Days on Market
506
MLS#
970558
Status
ACTIVE
Type
Condo
Subtype
Condominium
Bedrooms
1
Bathrooms
1
Full Bathrooms
1
Living Area
636
Neighborhood
Destin Beach West

Property Description

Jetty East is a Gated 6-story midrise with under building parking located on the beautiful sugar sand beach in Destin, Fl. The location is unique as it is located on Holiday Isle (Gulf Shore Drive) which ends at Destin Harbor. It's great for biking or walking. The jetties of the east pass make a great spot to snorkel or fish from the jetties. Jetty East is one of the few condos to offer covered parking. The required Milestone Study and Structural Reserve Study were completed mid-summer. There was an assessment August 1, 2024, for replacing the building sky light and has been completed. Unit 516A is a very light and bright unit with large tile flooring and luxury plank in the bedroom. Granite counter tops in the kitchen with a new refrigerator. Great views from the unit and balcony Gross Rental income ranges from $35000 to $45000. The unit features EFCO (category4) sliding glass doors and windows paid for by the seller. Approximately $20,000 value. Begin and end each day enjoying spectacular morning views of the Gulf of Mexico. Enjoy evening sunsets and seasonal fireworks from the beach. Great location for shopping, grocery stores (New Publix) 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, 24-hour security. Nice owners room with full kitchen for meetings or parties. Financing Note: Jetty is a Non-warrantable/ Condotel. No conventional (government backed Fannie or Freddie) financing.

Additional Information

Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Elementary School
Destin
Exterior Features
Balcony
High School
Fort Walton Beach
Interior Features
Lock Out, Washer Hookup
Legal Description
Jetty East Condo 516a
Middle School
Destin
Neighborhood
Destin Beach West
Community Features
BBQ Pit/Grill, Beach Access, Community Room, Elevator, Exercise Room, Gated, Pavillion/Gazebo, Pool, Tennis Court(s), Water Access, Spa/Hot Tub, Pickleball, Short Term Rental Allowed
Subdivision
Jetty East Condo
View
Bay, Gulf, Golf Course, Intracoastal View
Year Built
1977

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Calculator source: Real Geeks

Listing courtesy of East Pass Realty Inc.

Vendor Member Number : 28166