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$949,000

Beds
4
Baths
2.0
sq ft
1,776

500 Gulf Shore Dr Unit 414, Destin, FL 32541

500 Gulf Shore Dr Unit 414

Destin, FL 32541

  • 205 days on market
    • Price drop $900↓
REDUCED $100,000! Complete renovation of the condo! Lowest priced 4-bedroom in a beach front building in Destin. This magnificent condo is spacious with fantastic views of the Gulf and the Destin Pass. The condo offers new flooring, paint, kitchen appliances and cabinets, quartz countertops in the kitchen and bathrooms, new fixtures, new televisions, new furniture and so much more. Jetty East is a local and renter's favorite and a staple of the Holiday Isle area in Destin. This property will make an excellent vacation rental with projected revenues between $98,000 and $108,000 per year. Big families welcome as this unit can sleep up to 10 people. Jetty East offers tennis courts, a beachside pool, large beachfront cabana for grilling or eating by the beach, pickleball courts and more.

Details

Property type

Condominium

Est. home value

$727,361

Lot size

Unknown

Price per sq ft

$535

Year built

1977

Monthly HOA fee

$1,116.33

Price History

09/11/2024
EmeraldCoast

EmeraldCoast #943158

Price change
$949,000
-0.09%
08/19/2024
EmeraldCoast

EmeraldCoast #943158

Price change
$949,900
-2.06%
08/05/2024
EmeraldCoast

EmeraldCoast #943158

Price change
$969,900
-3%

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

The First A National Banking Assn

Loan start date

April 2023

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Not Provided

Seller

Northshore Medical Rehab Llc

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: 09/18/2024 at 9:50 PM

Listing updated: 09/11/2024 at 9:04 AM

Listed by: Luis F Espinel, Southern Luxury Realty Phone #: (850) 260-0000

MLS: EmeraldCoast #943158

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