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$425,000

Beds
1
Baths
1.0
sq ft
810

500 Gulf Shore Dr Unit 112A, Destin, FL 32541

500 Gulf Shore Dr Unit 112A

Destin, FL 32541

  • 1 day on market
Located on popular Holiday Isle, this oversized one-bed, one-bath beachfront condo lives large and comes with access to a beachfront pool and outstanding amenities. As one of the largest one bedroom floor plans in the building, this generous unit has an impressive rental history. It includes some new furniture and a new HVAC, replaced in 2024. Step through the door and appreciate the open spaciousness and tile flooring that flows through the living area. Sliding glass doors open onto a covered balcony for dining and relaxing with refreshing coastal breezes and views of Destin Pass. Relax in your favorite armchair watching TV or out on the balcony enjoying the ever-changing scenery of boats by day and stunning sunsets in the evening. The generously L-shaped kitchen is well appointed for longer stays with a full range of appliances. The mosaic tile backsplash adds a touch of color to this well-appointed space. Four stools are lined up beneath pendular lights at the breakfast bar, supplementing the formal dining table. The bedroom is a sanctuary of tranquillity with wood plank flooring and fresh white decor. There's a shower/tub combo and a granite-topped vanity in the family bathroom. The unit also benefits from a stacked washer/dryer. Nestled in the waterfront community of Jetty East, this spacious condo provides covered parking and access to a resort-style pool, hot tub, tennis courts, fitness room and use of the beachfront pavilion/gazebo where live entertainment is offered in season. The nearby harbor is home to some of the best seafood restaurants in the area. Don't miss this opportunity to secure an amazing condo for your future vacations, with optional rental income when not in use by the owner.

Details

Property type

Condominium

Est. home value

$401,032

Lot size

Unknown

Price per sq ft

$525

Year built

1977

Monthly HOA fee

$1,064

Price History

01/07/2025
EmeraldCoast

EmeraldCoast #965810

Listed
$425,000
-3.19%
11/18/2024
EmeraldCoast

EmeraldCoast #957163

Removed
$439,000
08/17/2024
EmeraldCoast

EmeraldCoast #957163

Listed
$439,000
+12.56%

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

Progress Bank & Trust

Loan start date

September 2022

Original loan amount

$29,000

Est. remaining balance

Not provided

Interest rate

4.25%

Loan type

Credit Line (Revolving)

Seller

Timothy Kevin Ward and Julie Anne Rutherford

Lender

Progress Bank & Trust

Loan start date

September 2022

Original loan amount

$29,000

Est. remaining balance

Not provided

Interest rate

4.25%

Loan type

Credit Line (Revolving)

Seller

Timothy Kevin Ward and Julie Anne Rutherford

Lender

Progress Bank & Trust

Loan start date

June 2022

Original loan amount

$312,000

Est. remaining balance

Not provided

Interest rate

4.95%

Loan type

New Conventional, 30 year

Seller

Timothy Kevin Ward and Julie Anne Rutherford

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: 01/08/2025 at 10:00 PM

Listing updated: 01/07/2025 at 4:14 PM

Listed by: Penny Jackson, Penny Jackson, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #965810

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