$589,900

Seller could get up to $444,742

Learn how this information can help you negotiate

Beds: 2
Baths: 2.0
sq ft: 950

510 Gulf Shore Dr Unit 520, Destin, FL 32541

510 Gulf Shore Dr Unit 520

Destin, FL 32541

332 days on market

Price drop $10,000↓

PRICE ADJUSTMENT...Welcome to your waterfront retreat! This delightful 2-bedroom, 2-bath condo, nestled on the 5th floor, presents an exceptional opportunity for those seeking a coastal lifestyle or a lucrative vacation rental venture. With 950 square feet of space, this residence offers a captivating beachfront experience, boasting stunning vistas of the renowned Emerald Coast along the Gulf of Mexico.Step inside to discover a haven of contemporary elegance. The kitchen entices with its sleek quartz countertops, convenient breakfast bar, and pristine white cabinetry complemented by matching appliances. Throughout the condo, 18-inch tiles adorn the floors, adding a touch of modern sophistication and seamless flow to the space.

Details

Property type

Condominium

Est. home value

$677,100

Lot size

Unknown

Price per sq ft

$621

Year built

1975

Monthly HOA fee

$858.26

Price History

03/24/2025

EmeraldCoast #964430

Price change

$589,900

-1.67%

05/07/2024

EmeraldCoast #964430

Listed

$599,900

-9.79%

05/01/2024

EmeraldCoast #939441

Removed

$665,000

Schools & Community

Elementary school:

Destin

Middle school:

Destin

High school:

Fort Walton Beach

Community features: Gated, Pool, Tennis Court(s)

Community features:

Gated, Pool, Tennis Court(s)

Negotiation Insights

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

Seller could get up to

$444,742

Asking price

$589,900

Closing costs (~8% of asking)

-$47,192

Est. remaining loan balance

-$97,966

Cash to seller

$444,742

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Gulf Coast Bank & Trust Co

Loan start date

September 2016

Original loan amount

$202,400

Est. remaining balance

$97,966

Interest rate

2.74%

Loan type

New Conventional, 15 year

Seller

Jonathon A Russell

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?

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Status: Active

Tomo last checked: 04/04/2025 at 8:10 AM

Listing updated: 03/24/2025 at 9:11 PM

Listed by: Cynthia Roberson, Cynthia Roberson, Cynthia Roberson, Cynthia Roberson, Cynthia Roberson, Cynthia Roberson, Cynthia Roberson, Cynthia Roberson, Cynthia R Roberson, Cynthia R Roberson, Coldwell Banker Realty Phone #: (850) 650-4563

MLS: EmeraldCoast #964430

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