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$599,900

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

  • 196 days on market
    • Price drop $5,000↓
NEW PRICE - 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. The living and dining areas seamlessly blend together, creating an inviting open layout that maximizes both space and views. Floor-to-ceiling windows and sliding glass doors lead to a spacious balcony, where the panoramic beauty of the Gulf of Mexico awaits. Whether you're relishing vibrant sunsets or enjoying morning coffee with the gentle Gulf breeze, this balcony is your gateway to serenity. Residents of this community enjoy an array of amenities designed to elevate coastal living. Take a dip in the communal pool, a game on the tennis courts or shuffleboard, unwind in the sauna, or stay fit at the well-appointed gym. Conveniently situated right on our sugar-white sand beaches, this condo offers a direct Gulf view. Whether you seek an owner's retreat or a lucrative investment opportunity, you'll relish the fine dining, premier golf courses, deep-sea fishing, and shopping opportunities that abound in the area. Welcome home to coastal living at its finest!

Details

Property type

Condominium

Est. home value

$677,100

Lot size

Unknown

Price per sq ft

$632

Year built

1975

Monthly HOA fee

$879.68

Price History

07/01/2024
EmeraldCoast

EmeraldCoast #949326

Price change
$599,900
-0.83%
05/24/2024
EmeraldCoast

EmeraldCoast #949326

Price change
$604,900
-5.44%
05/07/2024
EmeraldCoast

EmeraldCoast #949326

Listed
$639,700
-3.8%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

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

$448,237
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$103,671
Cash to seller
$448,237

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

$103,671

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?

Status: Active

Tomo last checked: 11/19/2024 at 9:45 AM

Listing updated: 11/14/2024 at 12:16 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 #949326

EmeraldCoast logo

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