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500 Gulf Shore Dr, Unit 616B Destin, FL 32541

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For Sale
$625,000

Income-producing, updated condo with Gulf views and resort amenities.

Property size:
1,030 SF

Property Features for 500 Gulf Shore Dr

General Information

Size
1,030 SF

Building Details

Year built
1977

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Listing Contact
Amy Timko
Source: Kw

Listing Agent: Amy Timko

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Updated Condo with Rental Income

This top-floor condo is an income-producing property within the Jetty East rental program. The gross income for 2023 was $66,000, and for 2024 it was $58,130. This updated 2-bedroom, 2-bathroom condo is being sold fully furnished and offers views of the East Pass and the Gulf. The bathrooms have a spa-like feel, with granite throughout both bathrooms and the kitchen. The kitchen features stainless steel appliances, a double sink, a backsplash, and custom cabinets. For convenience, the unit includes in-unit laundry and built-in USB receptacles. Tile floors are present throughout the 1,030 square foot property, and the hot water heater has been replaced. Jetty East amenities include a 2400 sq. ft. pool with sun deck, hot tub, beach side pavilion with charcoal grills, tennis courts, pickleball, a fitness room, kid's activities, music entertainment, shuffleboard, an owners meeting room, and 900 feet of sugar white sand. There is 24-hour security in place.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Jetty East Condominiums Condominium Rental Agency Southern Guide Fishing ... Store Salt Life Condo Vacation Home Rental Agency Caddell Construction Construction Company

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Destin
County
Walton
State
Florida
Longitude
-86.5010064
Latitude
30.383134

FAQs

What type of property is this?
Short term rental property - Income-producing, updated condo with Gulf views and resort amenities.
Where is this short term rental property located?
The property is located at 500 Gulf Shore Dr, Unit 616B Destin, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: - Proven income-producing condo: $66,000 (2023) and $58,130 (2024) gross income.; - Fully furnished, updated **2 bedroom, 2 bathroom condo with gorgeous East Pass and Gulf views.**; - Jetty East amenities: 2400 sq. ft. pool, hot tub, beachside pavilion, tennis/pickleball courts, fitness room, and 900 ft of beach.
More about this property
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