tomo logo

$399,000

Beds
1
Baths
1.0
sq ft
702

500 Gulf Shore Dr Unit 104A, Destin, FL 32541

500 Gulf Shore Dr Unit 104A

Destin, FL 32541

  • 68 days on market
Own Your Slice of Destin and cover ownership costs through rental income! This beautifully renovated condo in the Jetty East Beach Front Resort is perfect for those looking to have a personal getaway spot in Destin and cover ownership costs through rental income. In 2023, the unit brought in an impressive $50,156.63 in rental revenue, helping make ownership more affordable.Renovated in 2022, this fully furnished, move-in-ready unit includes premium resort amenities like a private beach with complimentary beach chair setup, a beachside pool and hot tub, pickleball courts, covered parking, and a gated community--perfect for relaxation and convenience.The condo is... meticulously maintained and features important safety updates, including updated wiring and electrical systems, all meeting current codes. Located on the first level above parking, it's just a short elevator ride to the beach and amenities. Inside, enjoy luxurious upgraded flooring, a spacious bedroom with a king-size bed and ample closet space, and a fully remodeled bathroom. The modern kitchen, with granite countertops, stainless steel appliances, and an inviting island, is perfect for cooking and gathering. The open living area, with contemporary decor, offers partial views of East Water Pass and the historic Destin bridge, with sleeping options for up to five guests thanks to a convertible couch and oversized chair. Recent upgrades include sound-insulated ceramic tile flooring, fresh paint, stylish white cabinetry, and a full set of new dishes and utensils. The condo also features new furniture, updated fixtures, ceiling fans, smart TVs, and essential utilities with a new HVAC and water heater (both 2022). This is your chance to own a beautiful, relaxing retreat in Destin while offsetting ownership costs with rental income. Schedule your viewing today and start enjoying everything Jetty East has to offer!

Details

Property type

Condominium

Est. home value

$387,351

Lot size

Unknown

Price per sq ft

$569

Year built

1977

Monthly HOA fee

$1,116.33

Price History

10/15/2024
EmeraldCoast

EmeraldCoast #961181

Listed
$399,000
10/02/2024
EmeraldCoast

EmeraldCoast #923094

Removed
$399,000
02/09/2024
EmeraldCoast

EmeraldCoast #923094

Removed
$399,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

Community features: 

Gated, Pool, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Cadence Bank Na

Loan start date

January 2023

Original loan amount

$156,000

Est. remaining balance

Not provided

Interest rate

6.49%

Loan type

Credit Line (Revolving), 25 year

Seller

Walter James Bruning and Kathleen Bruning

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 9:50 AM

Listing updated: 12/15/2024 at 8:49 AM

Listed by: Arlen Busenitz, Arlen Busenitz, Arlen Busenitz, Arlen Busenitz, LPT Realty LLC Phone #: (877) 366-2213

MLS: EmeraldCoast #961181

EmeraldCoast logo

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